Politics

Read about the latest UK political news, views and analysis.

Thursday

Martin Vander Weyer Martin Vander Weyer

If Deutsche Bank goes down without a bailout, I really will eat my hat

‘Can anyone seriously imagine the German state and corporate establishment allowing the bank that bears their country’s name to go down?’ I asked in February, adding rather bravely, ‘Of course they won’t.’ And that, I fear, makes my next question, ‘Am I about to eat my hat?’ Shares in Deutsche Bank have plunged to their lowest level since 1992 as the US Department of Justice seeks to impose a $14 billion fine relating to Deutsche’s issuance of mortgage-backed securities before the 2008 crisis, and rumours say Chancellor Angela Merkel has ruled out a state bailout. Deutsche boss John Cryan says the bank hasn’t asked for her help to fight its

Emily Hill Emily Hill

May’s beard

This week, the Tory party conference ought to be gripped by the question, who the hell is Nick Timothy, the vizier with all the power? To suggest that Theresa May’s joint chief of staff is the man behind our new PM’s manoeuvres is apparently misogynistic, but I’m a woman and I’ll say what I like. May’s regime change has been riveting, yet a core mystery remains: who precisely is in charge? We endured endless TV debates before last year’s election, but the person currently running the country was not on the podium. Now he’s in a Downing Street back office, luxuriating behind his lavish beard. And it’s the beard that

Wednesday

Nick Hilton Nick Hilton

Coffee House Shots: The verdict on Jeremy Corbyn’s conference speech

Labour conference is over for 2016 and it concluded with a barnstorming speech from Jeremy Corbyn. After rumours that he would only be speaking for half an hour, Corbyn addressed the audience for almost an hour, receiving a rapturous ovation in the conference hall, along with unified approval from Labour MPs. Andy Burnham called it a ‘strong speech’, whilst even Chuka Umunna had praise for Corbyn’s economic policies, calling them ‘well put’. The analysis from The Spectator’s Isabel Hardman was also positive, as she told the podcast: “I thought it was a much better speech than the rambling one he gave last year. He had two clear aims. One was to say to his

Isabel Hardman Isabel Hardman

Jeremy Corbyn could have given this speech 20 years ago

Jeremy Corbyn’s speech to Labour conference was rather good. It was clear, it was reasonably neatly-delivered, and it covered all the bases that the Labour leader needed to cover in order to solidify his position following his re-election. Of course, to a certain extent, it wouldn’t have mattered if he’d given the worst speech in the history of Labour conference speeches, given he has performed terribly in Parliament over the past year yet has been returned with a bigger mandate than before. But this was a much better speech than his rambling ‘strong message here’ address to conference last year. This year, Corbyn wanted to set out two messages: I’m

James Forsyth James Forsyth

Corbyn talks past the country

Jeremy Corbyn’s second leader’s speech was much better than his first. One has to beware the soft bigotry of low expectations when judging his performance as leader of the opposition. But, it’s fair to say that Corbyn’s speech was up there with some of Ed Miliband’s off year efforts. The delivery was much improved, there was a joke or two and some canny lines. Corbyn cleverly made the moderates an offer they’ll struggle to refuse, saying that the one thing everyone in Labour agreed on was that a divided party would not persuade the public. So, he asked them, ‘accept the decision of the members, end the trench warfare and

Steerpike Steerpike

Conference party round-up: Corbyn-mania hits Liverpool

As Labour conference draws to a close for another year, over the past four days there has been plenty of drama played out in both the conference hall and the fringe events. However, the after hours soirees have also proved eventful. At Sky News‘s bash, attendees got to choose whether they were a champagne socialist or a prosecco socialist thanks to a well-stocked bar. While Owen Smith was nowhere to be seen at the event — perhaps still smarting from his leadership defeat — he can take heart that he was deemed important enough to have his face decorate a cupcake. Alas, out of the four cake options available — Smith, Jeremy Corbyn,

The Spectator

Full speech: Jeremy Corbyn at Labour party conference

Thank you for that introduction. And how brilliant it is to see the hall here in Liverpool, absolutely packed for the Labour conference, well I say it’s packed but Virgin Trains assure me there are 800 empty seats. Either way Conference, it’s a huge pleasure to be holding our party’s annual gathering here in this fantastic city that has shaped our country, our economy, our culture and our music. Liverpool and its people have always been central to the Labour party and our movement. And I know some people say campaigns and protests don’t change things. But the Hillsborough families have shown just how wrong that is. It’s taken twenty-seven

Nick Cohen Nick Cohen

The Brexit charlatans are getting away with it

Opponents of demagogues from Donald Trump to Nigel Farage have suffered from a huge political disadvantage. They were either politicians who were or had been in power, and had to take responsibility for all the failures and compromises power brings as inevitably as blisters on weary feet. Or they were voters, who thought that mainstream politicians were preferable to the leaders of the far right and left. Demagogues could dismiss them as establishment lackeys, Blairites, liberal elitists, Republicans in name only, and so on. And the dismissals could work. For how many wised-up 21st century voters wants to think him or herself as some establishment drone, some dupe of a

Isabel Hardman Isabel Hardman

There will be nothing normal about Jeremy Corbyn’s conference speech

Jeremy Corbyn will shortly address the Labour conference with what is officially known as the ‘parliamentary report’. An accurate ‘parliamentary report’ would include an in-depth discussion about relations between the parliamentary party and its leader, who has gone from being one of the most rebellious backbenchers to demanding loyalty from his colleagues. Normally before a leader’s speech, pundits pick over what it is that the leader needs to cover. Normally, this involves variations of rousing the party faithful, announcing a policy or two that give us an idea of who the leader is and their vision for the coming year, and facing down any critics, whether in rival parties or

Tom Goodenough Tom Goodenough

‘Awesome’, ‘amazing’ & ‘divisive’: Jeremy Corbyn’s speech, the conference verdict

Jeremy Corbyn has just brought down the curtain on the Labour conference. He earned a standing ovation at the end, but what did those filing out – including MPs who have spoken out against Corbyn in the past – really make of what Corbyn had to say? Coffee House caught up with delegates to hear their thoughts: Unsurprisingly, many of those leaving the hall were singing Corbyn’s praises. Labour MP Richard Burgon went as far as saying it was the best speech Jeremy has given as Labour leader: ‘You saw in there how enthused people in the hall are but I also think the message in there and the policies in

Tom Goodenough Tom Goodenough

Andy Burnham finally quits the shadow cabinet

Andy Burnham has just announced he’s leaving the shadow cabinet. He said he was doing so to concentrate on his mayoral bid, telling Labour’s conference: ‘That’s why I can tell you all first today that I have asked Jeremy to plan a new Shadow Cabinet without me, although I will of course stay until it is in place.’ He also took a pop at Westminster (‘Westminster over decades has failed the North of England’) and said the turmoil in the Labour party over the last year had made him ‘profoundly sad’. But he also – tried – to use his speech to defend himself. Burnham has been accused of flip-flopping

Tom Goodenough Tom Goodenough

Jeremy Corbyn is ‘relaxed’ about migration. He might not be after the next election

What does Jeremy Corbyn have to say to Labour voters worried about migration? Not a lot, seems to be the answer. And that’s a big problem for the Labour party if it doesn’t want to haemorrhage support at the next election. Several newspapers this morning report his ‘relaxed’ stance on the subject. While his interview on the Today show just now (which was pre-recorded, apparently because Corbyn isn’t a ‘morning person’) made it clear – as if it wasn’t before – that the Labour leader isn’t taking this issue very seriously at all. He batted away a question about what an acceptable level of migration is. And to those concerned

Tom Goodenough Tom Goodenough

Jeremy Corbyn makes an impression at Labour’s ‘Friends of Israel’ bash

Has Jeremy Corbyn turned over a new leaf? This time last year at the Labour Friends of Israel reception, the Labour leader pointedly refused to say the word ‘Israel’. That stubbornness led to a heckler yelling at Corbyn: ‘Say the word Israel!’. It was clear he was determined not to make the same blunder a year on. In fact, at tonight’s reception, he went five times better – mentioning Israel repeatedly during his address. Corbyn also affirmed a ‘two state solution’ and said: ‘I say this: the Labour party is not a home for anti-Semitism in any form. I do not intend to allow it to be. The Labour party

Steerpike Steerpike

Solidarity for Venezuela at Labour conference

Recent reports on the situation in the socialist haven of Venezuela suggest that not everything is so tickety-boo. With five-hour queues for toilet paper, the prospect of forced labour looming and a mass food shortage, Mercosur — the South American trade bloc — has threatened to expel the country over human rights violations and not complying with trade laws. Despite this, the Labour party continues to show solidarity with the country. Last night, comrades gathered at conference for Cuba and Venezuela: International Solidarity Needed Now More Than Ever!. At the event Labour’s Baroness Angela Smith was joined by the Venezuelan ambassador HE Rocio Maniero as Tony Burke — assistant General

Steerpike Steerpike

G4S makes a comeback at Labour conference

There was a time when it looked as though this year’s Labour conference might not go ahead as they struggled to find a company to provide security at the event. The party’s usual supplier G4S had been deemed unsuitable after the NEC made a decision to boycott them over its prison contracts and links to Israel. By the time Labour came crawling back to the company to ask for their help, after running short of suitable options, G4S declined — and they opted for OCS. So, conference regulars have been surprised to see a lot of familiar faces from previous years manning the doors at the event. It turns out that around

Tom Goodenough Tom Goodenough

Labour conference, day four: The Spectator guide

Jeremy Corbyn’s conference speech will be the highlight – or lowlight (depending on your perspective) – of the day as the curtain comes down at Labour’s annual conference. The party has largely managed to put on a brave face and display of unity during its annual gathering. But there is still time for that facade to all come crashing down as Corbyn closes the conference. Here’s what on today: Main conference: 9am: Policy seminars 2.15pm: Jeremy Corbyn gives his keynote speech Fringe events: 9am: Labour women’s network – what next for women in the party, politics and public space? Labour women’s network 12.30pm: Securing the future: what will reverse the rise on

Tuesday

Laura Pitel

How much does Boris Johnson care about free speech in Turkey?

Ankara Shaking hands with Recep Tayyip Erdogan on Tuesday must have been one of the most toe-curling moments Boris Johnson has faced so far in his two months as Foreign Secretary. Thanks to The Spectator, the former mayor of London is best-known here in Turkey for a limerick that unforgettably described the country’s president as a ‘wankerer’ from Ankara. To make matters worse, the Vote Leave campaign that he fronted caused deep offence by trying to use Turkey’s hopes of EU membership to scare voters into backing Brexit. Against this backdrop, the three-day visit to Turkey this week could have been a disaster. Mr Erdogan is not known for mincing

Steerpike Steerpike

Is Seumas Milne about to be shown the back door?

Oh dear. It’s not been a great conference for Seumas Milne. Jeremy Corbyn’s director of comms managed to make himself the story this week after he altered Clive Lewis’s speech on Trident at the last minute. The shadow Defence Secretary was said to be so angry over the changes that he punched a wall after the speech. So, Mr S was curious to hear a rumour swirling around Labour conference this evening. The talk of conference is that Milne’s departure is imminent with suggestions his last day could be as soon as Friday. While sources close to Milne insist to Mr S that this is not the case, several party insiders are

Isabel Hardman Isabel Hardman

Man bites dog as Corbyn tells Labour members: I want to win an election

Jeremy Corbyn’s conference speech includes the normally unremarkable but currently remarkable assertion that he wants Labour to win the next election. Given the debate that has raged within the Labour party over the past few months about purity vs power, that the re-elected Labour leader is saying this at all is significant. He will say tomorrow that he expects a general election next year and that ‘we expect all our members to support that effort, and we will be ready whenever it comes’. Some Labour MPs will point out that this will require a dramatic shift from some members who haven’t yet delivered any party leaflets but are still threatening

Rod Liddle Rod Liddle

Labour is dying. Time to move on

Still enveloped in their bubble of iridescent adolescent phlegm, the Labour Party now stands at 26 per cent in the latest opinion polls. Below the figure achieved under Michael Foot’s leadership in the 1983 general election, usually regarded as the lowest of all low points for the party. And Foot was battling against a Prime Minister who had just won a very popular war, as well as against a credible new party, the SDP. Labour do not know how much trouble they are in, even now. It is very difficult to see a way out for the sensible or fairly sensible Labour members, especially the MPs. Pray that Corbyn fails while desperately