The nearly men: Ken Clarke

Chris Hallam's World View

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Some reacted with alarm to the news that Ken Clarke had been appointed Chancellor of the Exchequer in 1993. Some were simply he worried that he wasn’t up to it. He had been a bad gaffe-prone Health Secretary and little better in Education. Others were simply worried about Clarke’s seemingly unstoppable rise to power. Had John Major, like Anthony Eden promoting Macmillan in 1955, unwittingly appointed his successor?

In fact, neither group need have worried. Ken Clarke (he had previously been Kenneth but like Anthony Wedgewood Benn and Anthony Blair, this was seen as too posh) was a successful Chancellor as he had been a successful Home Secretary in the year before 1993. It is true, the Tories never regained their reputation for economic competence under him, but this was hardly his fault. The shambles of Black Wednesday in 1992 during which interest rates rose fifteen times in one day…

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