Beckett moves right - then stands her ground
Sunday 21 December 1997
Mrs Beckett may have opted to keep the title of President of the Board of Trade but she instantly reversed Tory policy of often giving the benefit of the doubt on takeovers.
"She's bending over backwards to ensure there is no conceivable effect on competition," says David Campbell, a utilities analyst with Greig Middleton.
Mrs Beckett referred US Pacificorp's friendly bid for Energy Group to the Monopolies and Mergers Commission against the electricity regulator's advice - though on Friday the MMC gave the deal the go-ahead. The 54-year- old also overruled the MMC and prevented Bass from buying Carlsberg-Tetley.
Brewers have, of course, never been Labour's best friends. And Mrs Beckett, one of the few ministers who served in the last Labour government, was at one time considered well to the left of the party. Later she moved right and, on the death of John Smith in 1994, assumed the leadership of the party until the elections that propelled Tony Blair to the top.
Mrs Beckett has moved further politically than any other member of Mr Blair's Cabinet to embrace New Labour principles. The only Beckett equipment still on the left of the road is the famous caravan in which she takes her holidays. "Block-it Beckett" at work again.
- 1 Keira Knightley topless: Conservative actress does own take on #Freethenipple campaign for Interview Magazine
- 2 Argentina may change its capital city from Buenos Aires, says president
- 3 Joan Rivers: 'Palestinians deserve to be dead'
- 4 The 3D-printed key that can unlock anything
- 5 Lady al-Qa’ida: On the trail of Dr Aafia Siddiqui, the world’s most wanted prisoner
Keira Knightley topless: Conservative actress does own take on #Freethenipple campaign for Interview Magazine
YouTube video posted by Isis militants shows 'execution of 250 Syrian soldiers'
Oil tanker with $100 million cargo goes missing off Texas coast
Joan Rivers: 'Palestinians deserve to be dead'
Sir Paul McCartney makes his stance on Scottish independence known
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Do you realise just how foolish the UK looks?
With Douglas Carswell joining Ukip, my party has taken another giant step forward
- < Previous
- Next >
iJobs Money & Business
Highly Attractive Salary: Austen Lloyd: BRISTOL - This is a very unusual law c...
£35000 per annum: Harrington Starr: Network Engineer (CCNP, CCNA, Linux, OSPF,...
£50000 per annum: Harrington Starr: DevOps Engineer (Systems Administration, L...
£60000 - £70000 per annum: Harrington Starr: A prestigious leading professiona...