Keir Starmer's appointment of Gordon Brown as Special Reviewer on Global Finance and Cooperation has sparked a fresh crisis, as a new report reveals the potential economic fallout. The report, produced by FACTS4EU, Stand for our Sovereignty, and The Campaign for an Independent Britain, highlights Brown's role in two significant economic blunders. Firstly, in May 1999, Brown's request to sell UK gold reserves at the bottom of the market resulted in a potential loss of £43.5 billion if the same amount of gold were sold today. Secondly, Brown's support for the massive expansion of the Royal Bank of Scotland (RBS) led to its collapse, costing the taxpayer £10.5 billion. The report also mentions Brown's advocacy for the EU's Exchange Rate Mechanism, which cost the UK over £55 billion. These revelations have caused an uproar among Labour MPs, with one anonymous MP calling it a 'joke'. Lord Redwood, a former Conservative minister, adds to the criticism, stating that Brown's actions have cost the country dearly. The article concludes by emphasizing the potential impact of these decisions on Britain's economy and the need for careful consideration of future financial policies.
Keir Starmer's Advisor's Economic Blunders: A Costly Mistake for Britain (2026)
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