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The Village

Professor Sir Alan Walters, going strong at 78, was his usual dead-pan self at a corporate governance seminar on Friday hosted by insurance giant AIG.

His subject was The Economic Landscape of Corporate Britain but the former chief economics adviser to Margaret Thatcher ("and only one" he reminded his audience) interspersed his thoughts with lightly barbed comments for interest on Clinton ("I very rarely agree with him but the consummate liar has got it right this time when he tells Americans they've never had it so good") on Tony Blair ("rabbiting on at Davos about adopting the British open system – but to give him is due, he hasn't destroyed it though Gordon Brown tried and failed"), and on Europe ("we're not a partner yet in Euroland, thank goodness!")

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