So Margaret Thatcher died this morning. It would be perverse to be happy about it, and that isn't how I feel, but she did stand for everything I despise in Politics. She was the friend of people who were in it for themselves rather than for the good of society, which she denied the existence of.

Of all the reactions today, Ken Livingstone had it right:

"She created today's housing crisis, she produced the banking crisis, she created the benefits crisis. It was her government that started putting people on incapacity benefits rather than register them as unemployed because the Britain she inherited was broadly at full employment.

"She decided when she wrote off our manufacturing industry that she could live with two or three million unemployed and the legacy of that, the benefits bill that we are still struggling with today.

"In actual fact, every real problem we face today is the legacy of the fact she was fundamentally wrong."