Brown gets it wrong

Nick Robinson has pointed out on his blog that when he interviewed Gordon Brown, the Prime Minister got it wrong by claiming that the increase in deposit protection from £35,000 to £50,000 was "in the Banking Bill."

Actually it isn't. This measure was brought forward by the FSA under their existing powers. You can read Nick's post on the subject here.

Which of the following explains this, and which would be more worrying at a time of internation financial crisis: does it indicate that we have a Prime Minister who does not understand the financial regulation system he largely created, or that he was surprisingly careless in an interview on national TV about whether he was speaking the truth?

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