Peace... for a time

So for now the internecine war within the Labour Party is at an end... at least until the party conference rolls around or until Gordon makes another balls up of things and does his party trick of running away and letting someone else take the blame.

I have already said that he will be seen as the Jim Callaghan of his generation - the PM who bottled an autumn election that he almost certainly would have won and lost/will lose a spring election.

It is my belief that David Miliband will be seen as the Michael Portillo of the Labour Party, a man who twice had the opportunity to strike and twice lost his nerve.

Next Labour leader? Alan Johnson, possibly, as a stopgap but for the future - James Purnell.