Just when Gordon Brown thought that things could not get any worse, he has been hit with the news that the police will be launching a formal investigation into the ongoing funding crisis with has hit the Labour Party.  At a time when they are rumoured to be £20 million in debt and the polls are showing landslide support for the Conservatives this could not have come at a worse time.  The investigation will no doubt last for months, long into 2008 and possibly beyond – but will Gordon Brown be around to see the results?

The funding crisis has prompted a number of questions such as who knew about the rogue donations, why was this not flagged earlier and more importantly, if as Mr Brown stated only this week the donations were unlawful, why were the police not called in?  It took a complaint from the Liberal Democrat party to alert the police that a formal investigation was required.

Over the last couple of months we have seen the Northern Rock saga which has bled the tax payer dry to the tune of £20 billion plus, the loss of 2 disks contain the personal records of millions of families and now we have the revelation that illegal donations had been received – apparently knowingly – by the Labour Party.    While stating that the honeymoon is now well and truly over for Mr Brown, it is worth remembering that he has a fighting spirit and he has waited too long to give the post up without a fight.

While he was compared to Mr Bean in the commons this week, Mr Brown may well have the last laugh – do not write him off yet!