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5.15pm ToryDiary: Chris Grayling to look at cutting employee red tape

3.30pm CentreRight: Alex Deane asks why the falling oil price is not being reflected in petrol and other prices

1.45pm Local Government: As serial flytipper walks free Dartford Council leader Cllr Jeremy Kite says: "I sometimes feel the world’s gone mad."

12.45pm Graeme Archer on CentreRight: "I think that Labour will win the Glenrothes by-election"

AnotherwayNoon Mark Reckless on Platform: Time to correct investors’ mistake

11.30am Charlie Elphicke on CentreRight begins a series on Labour’s economic mismanagement: Public debt

10am Parliament: Tory MPs expose failure of ministers to answer questions in a timely way

Eu_flag_2ToryDiary: The European Parliament adopts flag, anthem and other symbols of nation

Ryan Robson on Platform: We need a cold turkey cure for Labour’s reckless spending plans

Cllr John Coombes on Local government: Localise the business rate

Local government: Yesterday’s by-election results

Suli Shah on CentreRight: Bush right on India

WATCH: Please start the interview again (and again and again). Canadian Liberal Leader Stéphane Dion struggles to understand an interviewer’s question about the economy and asks for the interview to be be restarted (again and again).

Today’s two must-reads: Capitalism v State control

Field_mark Mark Field MP uses his website to defend capitalism: "Indulging in the bashing of bankers and global capitalism will prove tempting for many – even amongst Conservative Party supporters. As a defender of free markets, free trade and global capitalism, I am willing to bet that whilst government needs to play a crucial role in stabilising and revitalising our confidence-battered economy, it will eventually be hard work, enterprise and freedom in the market place which will ensure our economy thrives once again."

Dominic Lawson in The Independent looks at the NHS, the Olympics and defence procurement to remind us that we should be worried whenever we turn to the government to deliver value for money.

The Sun blames John Prescott for councils’ Iceland woes

Prescottjohnhandgestures "It turns out that idiotic John Prescott issued the instructions to councils to seek the best interest rate regardless of where they were sticking taxpayers’ money." – The Sun Says

> ConHome’s local government blog’s coverage of the deposits crisis

Brown begins regional tour to sell bailout package to public

"Gordon Brown yesterday insisted that the £500bn bail-out for the banks would not lead to cuts in health or schools spending. His comments came as he began a mini-regional tour to sell the package, appearing on GMTV to claim that the bankers responsible for the crisis would be "punished"." – Guardian

Brown cranks up rhetoric on City pay – FT

"We must lead the world to financial stability" – Gordon Brown writing for The Times

Iain Martin: Brown’s political recovery won’t last long

"In the years ahead there will be unemployment, hardship and social dislocation. Borrowing will be higher, taxes will rocket, spending on services will fall, and it will have its origins not in the Thatcherite mid-1980s but in the past decade of the most reckless financial mismanagement. Labour over-spent, over-borrowed and failed to regulate adequately. Brown wants taxpayers to pay for these mistakes and then have us say thank you. I don’t expect that to have wide appeal." – Iain Martin in The Telegraph

"The Tories know it would look unpatriotic to attack the government right now, and lack alternative policies for dealing with the crisis anyway. But Mr Brown’s tinkering may be vulnerable to criticism when partisan politics returns. His new National Economic Council has 17 members—too many for efficient deliberations, say some. Others worry that there are now three chancellors, with Mr Brown, Mr Mandelson and Mr Darling competing for control of economic policy." – Economist

Party Conference season narrowed Tory lead from 20% to 14% – Independent

Government considers Tory proposal on annuitiesTimes

Dale_iain Why top Tories are turning their backs on John McCain – Iain Dale in The Telegraph

Iain endorses Obama on his blog.

And finally…

Quentin Letts records Mike Penning’s questioning of Harriet Harman over local councils’ deposits in Iceland – Daily Mail

And Gordon Brown closes his eyes as he passes photograph of Tony Blair – The Sun

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