Changes

Brown was one of the longest serving Chancellors in history, and took credit for the consistently healthy state of the British economy during his tenure - credit which many are reassessing in light of the current (as of October 2008) perilous condition of the British economy. He is a passionate advocate of reducing poverty in the [[Third World]]. He has made speeches in which he has praised the concept of "Britishness" and suggested that the British should display the British flag outside their houses, as many Americans do with the US flag. However, his patriotic convictions are expected to have consequences in foreign policy which are arguably negative: it is widely believed that he will be zealous in defending British interests (narrowly defined), but that he will neglect broader elements of Tony Blair's foreign policy such as support for the United States and the [[War on Terror]].

Brown was one of the longest serving Chancellors in history, and took credit for the consistently healthy state of the British economy during his tenure - credit which many are reassessing in light of the current (as of October 2008) perilous condition of the British economy. He is a passionate advocate of reducing poverty in the [[Third World]]. He has made speeches in which he has praised the concept of "Britishness" and suggested that the British should display the British flag outside their houses, as many Americans do with the US flag. However, his patriotic convictions are expected to have consequences in foreign policy which are arguably negative: it is widely believed that he will be zealous in defending British interests (narrowly defined), but that he will neglect broader elements of Tony Blair's foreign policy such as support for the United States and the [[War on Terror]].

During Brown's tenure as Chancellor, the UK enjoyed sustained economic growth and generally positive reports from the [[International Monetary Fund]], although there were concerns at extreme inflationary pressures in the housing market. These concerns were more than borne out by the collapse in the housing market and credit crunch of 2007-2008.

During Brown's tenure as Chancellor, the UK enjoyed sustained economic growth and generally positive reports from the [[International Monetary Fund]], although there were concerns at extreme inflationary pressures in the housing market. These concerns were more than borne out by the collapse in the housing market and credit crunch of 2007–2008.

Brown followed a generally redistributionary policy, increasing spending in the [[National Health Service]] and [[education]], and giving tax breaks to some poorer families whilst significantly increasing taxes on many others. His most significant achievement in the early days of the Labour Government was to grant fiscal independence to the Bank of England.

Brown followed a generally redistributionary policy, increasing spending in the [[National Health Service]] and [[education]], and giving tax breaks to some poorer families whilst significantly increasing taxes on many others. His most significant achievement in the early days of the Labour Government was to grant fiscal independence to the Bank of England.