Limp-wristed flop Tory leader David Cameron has made yet another pathetic U-turn, admitting that his party’s economic policy is rubbish – and has repeated the slanderous claim made by his shadow chancellor that the British people are to blame for the current economic crisis.

Mr Cameron made the astonishing self-abasing comments in a speech to the Birmingham Chambers of Commerce, saying that he will have to change his party’s policies because he failed to spot that Britain’s economy is “broken.”

Explicitly admitting that he and his party have failed, Mr Cameron apologised, saying “Of course I’m sorry that we have got some things wrong,” adding that “saying sorry is the easy bit.”

Mr Cameron admitted the Tories had based their plans on generous assumptions of economic growth that are now in tatters. Changes to Tory economic policy to be offered to the voters is now in the offing, meaning that former spending pledges, which range from substantial cuts in inheritance tax to reductions in corporation tax and giveaways for families, may have to be reviewed.

In other words: taxes will go up and spending will go up – more of the same old Tory/Labour exploitation of the British people.

To add insult to injury, Mr Cameron then repeated the accusation made earlier by Shadow Chancellor George Osborne last week. “The banking crisis was a reflection of a debt crisis affecting households and the Government,” Mr Cameron said, trying to shift the blame for the disaster away from greedy banksters onto the general public.

He said the Tories should have spoken out against unsustainable levels of public and private debt but were locked in the “cosy economic consensus” that gripped all the parties – except of course the BNP.

“But if I’m honest, I have to admit that we – the Conservative Party – didn’t see this as early as we could have. Do I believe we did enough to warn about the rising levels of corporate debt, banking debt and borrowing from abroad? No,” he added.

“But if we’re honest, we must also recognise that some of our economic difficulties today relate not only to what has happened in the last ten years, but also to certain fundamental weaknesses that have been there for decades.”

Indeed – these problems have been there for decades, and were created by successive Tory and Labour administrations. The British National Party, on the other hand, has been warning for years of the inherent flaws in the current system.

More importantly, the BNP also has the economic policies which are designed to correct and prevent the crisis from reoccurring.

The BNP has no need to issue self-degrading apologies like Mr Cameron. On the contrary, the BNP got it right.