Byers lied to Parliment

Tim Worstall has a link to an article in the telegraph where Byers admits tht he lied to Parliment over Railtrack:

"Looking uncomfortable, Mr Byers replied: 'It's true to say there was work going on. So, yes, that was untrue.'"

This is just about the worst thing that a politician can do, if he had any honour at all then he would resign. Of course he does not, this is New Labour, and so will not.