"Digging a bit deeper, there are a good many on the left and right who sense that the tectonic plates of British - European? - politics are shifting. Managerial politics, attempting with shrinking success to negotiate life in the shadow of big finance, is not an attractive rallying point, whether it labels itself (New) Labour or Conservative. There is, in the middle of a lot of confusion, an increasingly audible plea for some basic thinking about democracy itself - and the urgency of this is underlined by what is happening in the Middle East and North Africa."
Read his full statement here.