Politics

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

Thursday

Andrew Lilico

Nearing the precipice?

Recent events in the Eurozone have led a number of commentators to suggest that we are nearing some repeat of the financial crisis that followed the nationalisation of Fannie Mae and Freddie Mac in August 2008 and the subsequent (and consequent) bankruptcy of Lehman’s. In my view, the current situation is rather different from that in 2008, but matters could turn out much worse. Our situation is not like 2008 (yet) because: – not such a high proportion of AAA securities has been reduced to junk status – there are now slightly more robust resolution regimes in place for banks – banks have a bit more liquidity – US and

Rod Liddle Rod Liddle

Getting interesting

So, three weeks in and Vince Cable has resigned his position of deputy leader of the Liberal Democrats – ostensibly because he will be “too busy” to undertake the non-duties demanded by the post. Do you swallow that? I’m not sure that I do. Meanwhile, David Davis has emerged with guns blazing over the proposed hike in capital gains tax, with a clever statement which roots his objections in traditional Tory terms; don’t punish hard-working middle class people in order to make things easier for the feckless, overweight, shell-suited, Big Mac munching skag addled untermensch (or words to that effect). Mr Davis knows that there are many, many angry and

Daniel Korski

Preventing a Balkan bailout

Point six of ten on the Conservative-Liberal agreement reads as follows: “We will work to promote stability in the Western Balkans.” William Hague will get a chance to show what this means when he joins fellow European foreign ministers at a summit in Sarajevo on 2 June. As I argue in a new brief about Balkan policy, the meeting could not come at a better time. The region is beginning to look dicey once again. Though Balkan countries were asked by the West to proceed along the reform-laden route towards EU accession, which entails reforming their economies, making friends with erstwhile enemies and adjusting their constitutions, there is now uncertainty

Peter Hoskin

Cameron’s public debate with his backbenchers

So, did Cameron say anything particularly noteworthy during his interview on the Today programme?  In truth, not really.  Most of the answers were of the “let’s wait and see what in the Budget” variety.  The ratio of spending cuts to tax rises: wait and see.  Plans for hiking capital gains tax: wait and see, and so on.   The only answers that weren’t determined by the Budget seemed to be his racing tips for the sports bulletin.  You can hear them here. But that isn’t to say the interview wasn’t revealing.  For much of it, Cameron was quizzed about the objections that David Davis and John Redwood have raised to the

Alex Massie Alex Massie

Nick Clegg’s Opportunity – And Responsibility

A few days ago – that is, a couple of years back in blogworld – my old chum Iain Martin asked how Nick Clegg will fill his time. Without a department of his own what will the Deputy Prime Minister actually do? The first and obvious answer: less damage than ministers who have departments. Happily Brother Bright reminds us just how important Clegg is to this government. As Martin suggests this is much more of a joint-premiership than many people seem to appreciate. As he points out the full coalition agreement is littered with bits and pieces that “will be agreed between the Prime Minister and the Deputy Prime Minister”.

Wednesday

Alex Massie Alex Massie

The Tory Right: Disgruntled, Neutered & Still There

Backbenchers are invariably a motley crew. That’s the nature of the beast. And I think it’s right that backbenchers have a proper forum for airing their passions, concerns and grievances. Which is why I also think it right that the 1922 Committee has survived the Tory leadership’s misguided attempt to all but abolish it. Nevertheless, the list of candidates for the Committee’s Executive Iain Dale published was interesting and instructive. A dozen of the new intake stood for election and there were also a dozen old lags putting themselves forward. Among that latter grouping: Peter Bottomley, Philip Davies, Bernard Jenkin, David Amess and David Tredinnick. Well, for diverse reasons of

Fraser Nelson Fraser Nelson

Gove must guard against the vested interests

Polly Toynbee was on ‘mute’ on Sky News in my office, the remote wasn’t working, which is frustrating because I’d love to hear how someone mounts a passionate defence of why local government should have monopoly control of state schools. Very few things in politics are indefensible, but a system which doles out sink schools to sink estates is one of them. When Michael Gove was a journalist, he described comprehensive education as the greatest betrayal of the working class. And now, as Education Secretary, he is outlining a system that will give the poor the same choice of schools that the rich have. Who on earth could be against

James Forsyth James Forsyth

The Tory right asserts itself

The results of the 1922 elections show that Conservative backbenchers are distinctly right-wing and keen to assert independence. In the race for chairman, Graham Brady — the only man to resign under David Cameron’s leadership on an issue of party policy — romped home by 126 votes to 85. This result suggests that Brady would have beaten Richard Ottaway even if Ministers had been allowed to vote. Brady’s margin of victory suggests that the new intake are an independent bunch as it was the worst kept secret in Westminster that Ottaway was the leadership’s preferred candidate. Indeed, one member of the new intake told me that he thought his colleagues

David Blackburn

Laws is unperturbed by the scorched earth

Wags may term them ‘Osborne and Little’, but David Laws is emerging as one of the government’s star performers. Laws was instrumental in constructing the coalition, and now he has the unenviable job of identifying cuts. Being the axeman and taxman is hard work enough, but the opposition have weapons at their disposal.        Labour can say what it likes in this parliament’s infancy. Credibility comes later, with the election of a new leader for instance. Harman and Darling may have spurned the investment versus cuts line, but today Darling revived the conceit that all cuts are inherently bad: ‘During the election campaign the Conservatives did not say they were

David Blackburn

Ed Balls’ fighting talk is getting him nowhere, yet

The stock response of many Coffee Housers will be ‘Who Cares?’ but surely Ed Balls will be nominated for the Labour leadership? Labour may recognise that a Balls leadership would likely end in Footian catastrophe but he will, in all certainty, proceed to the next round. Surely? Like Pete and Ben Brogan, I reckon Balls and David Miliband allowed their supporters to declare in a steady trickle, hoping to build momentum as the June 8 deadline neared. In which case it is telling that Miliband Major has changed his tactics in response to Miliband Minor’s sudden surge. David Miliband now has the backing of 48 MPs, a very significant advance

James Forsyth James Forsyth

Tactical considerations over the timing of the AV referendum

A referendum on AV was the concession that Nick Clegg felt he needed to get a coalition deal with the Tories past his party. But the referendum poses obvious dangers to the coalition, just imagine the sight of Nick Clegg and the leader of the Labour party sharing a platform to denounce the Tories’ ‘reactionary’ opposition to electoral reform.   The Guardian this morning reports that the Lib Dems are pushing for this referendum to take place in May 2011 at the same time as the Scottish and Welsh elections. There is, as the article notes, a huge benefit to the Lib Dems in getting this referendum in early before

Daniel Korski

German lessons

Angela Merkel’s fall from favour is something David Cameron ought to bear in mind as he looks for lessons to guide his term in office. The German chancellor could do no wrong when she was first elected. A new “Iron Lady”, she was seen as a giant among pygmees. Tony Blair was leaving the scene, Nicolas Sarkozy had yet to be elected, the newspapers swooned, the voters applauded. Mrs Merkel was respected in the US and Europe. She made her unwieldy coalition with the Social Democrats work, almost singlehandedly picked the NATO secretary-general and ruled over EU meetings. Now, EU commission president Jose Manuel Barrosso is (rightly) calling her “naïve”

Tuesday

Martin Bright

So Who’s the Senior Partner in this Coalition?

The choreography of the new coalition is designed to make this look like a partnership of equals. But I’m increasingly convinced that Nick Clegg pulled a masterstroke here. This really is a joint premiership. Someone suggested I take a look at the full coalition document  on the Cabinet Office website to see just how much the Liberal Democrat leader had wrung from his Tory counterpart in the negotiations. The most striking phrase is: “… will be agreed between the Prime Minister and the Deputy Prime Minister”, which litters the document. The “I agree with Nick” slogan used by the Lib Dems during the election campaign has thus become embedded in the

Alex Massie Alex Massie

Loving the Liberal Democrats in a Hung Britain

Over at ConservativeHome Paul Goodman suggests that Nick Clegg be invited to address the Conservative Party Conference this year and, in general, that the Tories need to do more to get to know their colleagues in government. He’s right. And here, via John Rentoul, is John Curtice to help explain why. Professor Curtice suggests that this most recent election ought not to be considered a freakish result and that even if the voting system remains unaltered hung parliaments are probably as likely as not for the foreseeable future. If that’s the case – and even with redrawn constituency boundaries it seems quite probable that at least some of the factors

Peter Hoskin

The curious race for nominations

One of the mildly diverting features of the Labour leadership contest so far is this nominations counter on the party website.  Ed Miliband was the first to pass the crucial 33 nominations barrier yesterday, while David Miliband managed it earlier today.  Ed Balls is still lagging behind on 14, Andy Burnham has 8, and poor John McDonnell and Diane Abbott both have none.  Yep, the excitement is reaching fever pitch. There’s one curious feature to it all, though, highlighted by Danny Finkelstein earlier.  Why have some of the candidates – or their nominators – been holding back on their nominations?  David Miliband, for instance, has considerably more than 37 backers,

James Forsyth James Forsyth

Laughs, politics and sincerity

The opening of the Queen’s speech debate is, traditionally, a light-hearted affair. Peter Lilley opened up with a rather witty speech. He compared the Liberal Democrats to the bastards of the Major Cabinet, it is better to have them inside the Cabinet pissing out than outside the Cabinet pissing in. He went on to warn the new Prime Minister that the appropriate response to John Major and Gordon Brown’s microphone troubles is not to turn your microphone off but to keep ‘your receiver switched on to hear legitimate concerns.’ David Cameron would be well advised to heed this tactfully-expressed advice. Lilley ended with a heart-felt plea to bring the troops

Peter Hoskin

The debate begins in lively fashion

The initial exchanges of the Queen’s Speech Debate have just come to a close – and, I must say, it was all rather jolly.  Harriet Harman came prepared with gag after gag about the Tories’ “marriage” to the Liberal Democrats, while David Cameron had a few about Harman’s actual marriage to Jack Dromey.  There was much laughter, good-natured jeering and cat-calling.  So – business as usual. Underneath it all, though, there was a substantive clash between the two sides.  In a spritely performance, Harman wisely avoided an “investments vs cuts” style attack, instead charging the coalition with not having a mandate for many of its political reforms.  Whereas Cameron accused

Peter Hoskin

The Queen’s Speech: full text

Via PoliticsHome: HER MAJESTY’S MOST GRACIOUS SPEECH TO BOTH HOUSES OF PARLIAMENT TUESDAY 25 MAY 2010 MY LORDS AND MEMBERS OF THE HOUSE OF COMMONS My Government’s legislative programme will be based upon the principles of freedom, fairness and responsibility. The first priority is to reduce the deficit and restore economic growth. Action will be taken to accelerate the reduction of the structural budget deficit.  A new Office for Budget Responsibility will provide confidence in the management of the public finances. The tax and benefits system will be made fairer and simpler.  Changes to National Insurance will safeguard jobs and support the economy.  People will be supported into work with