Uk politics

I suspect that three important consequences will flow from the release today of the London mayoral candidates tax returns. First, voters will see that Boris Johnson’s rage at Ken Livingstone on Tuesday as being thoroughly justified. Second, they’ll see that Ken Livingstone, despite all his left-wing rhetoric, is the only one of the four main candidates to have tried to make his affairs tax efficient. The third consequence is that a precedent has now been set that politicians running for office should publish their tax returns. I’ll be shocked if one of the three party leaders doesn’t try and steal a march at the next election by volunteering to publish their information and challenging the others to do the same.

The most striking thing about tonight’s mayoral hustings on Newsnight was how often Brian Paddick attacked Ken Livingstone. Paddick, who turned in the most assured performance of all the candidates, accused Livingstone of being like a ‘bad 1970s comedian who plays to whatever audience he’s talking to.’ He also, interestingly, sided with Boris Johnson when the discussion turned to the 50p tax rate and then the candidate’s own tax affairs. It is tempting to see Paddick’s performance tonight as testament to how keen the Liberal Democrat top brass are to see Livingstone defeated in London.

The tensions that have been bubbling away in the London mayoral contest spilt out into the open today with Boris Johnson accusing Ken Livingstone of lying about both of their tax affairs. On the facts of the matter, it looks pretty clear that Boris is right: he doesn’t use a company to reduce his tax liability. There are, though, those claiming that accusing Livingstone of being an ‘f***ing liar’ will hurt Boris. But I doubt this; it is hard to imagine Boris as an angry or mean-spirited person. What this exchange does do, though, is raise the stakes for their televised hustings tomorrow night. I expect that Livingstone will try and rile Boris.

Another article to mark the 30th anniversary of the Falklands War — this one from the current issue of the magazine. It’s by John Simpson and analyses the current tensions between Britain and Argentina. Buenos Aires Buenos Aires is as exhilarating, as unpredictable, as stylish as ever. But the economic boom is over. Times are hard once again, more shops in Calle Florida are boarded up, the sales are pretty frantic. And so, as Jorge Luis Borges, the blind sage of Calle Maipu, just off the superb Plaza San Martin, once remarked: ‘When Argentina’s economy goes bad, you can be sure that nationalism will soon be beating its wings.