Kenneth Clarke: In an interview with the Observer to mark the end of an illustrious career that has spanned more than 40 years in government, Clarke says Britain has to break out of the "ludicrous cycle" of house price booms followed by crashes, and must focus on creating a productive manufacturing base in tandem with vibrant financial and other service industries, according to The Guardian. However, in stark contrast to recent bullish messages about growth and job creation from the prime minister and chancellor, Clarke stresses that the economy is "fragile", vulnerable to shocks, and still lacks the strong productive base necessary to compete long-term in global markets and Former chancellor Kenneth Clarke has cast serious doubt on the underlying strength of the British economy, saying there is a "long, long way" to go before it is competitive enough to deliver sustainable growth and compete with emerging powers such as China and Brazil. Admitting to tensions with David Cameron since the 2010 election and voicing frustration at attempts by the Tory press office to keep him off TV and radio Clarke insists that on economic policy he is completely "on message" with the government.
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