The government trailer carefully briefed that it marked no change in the government's policy of "prepare and decide". What a contrast though, to "wait and see" - essentially the policy of the Conservative government.
Tonight, most significantly the Murdoch press has come out with a long editorial in the Times, and the Sun, for the Sun, a relatively sober front page about Blair preparing to dump the pound.
In the last instance, the drum beat of history is economic.
Chris Burford