PM Tony Blair will resign before the end of the year

I think Prime Minister Tony Blair's political troubles within his own Labour Party are so great, he will be forced to resign before the year is out.

A developing campaign fund-raising scandal will likely be the thing that enables Blair's Labour foes to force his resignation, something they've long wished to do.

The Guardian reports today:

The depth of secrecy around Labour's pre-election loan-raising activities emerged last night when party officials confirmed that the deputy prime minister, John Prescott, had not been informed, along with the party treasurer, Jack Dromey, of the raising of nearly £14m in loans.

Mr Prescott would have been expected to have known due to his closeness to the prime minister and his membership of the party's business committee. The chancellor, Gordon Brown, was not told either, but due to his Treasury duties he has always kept himself apart from party fundraising.
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The "wolves" are circling and Blair is in the middle of them.

Read the entire Guardian story here.