Politics Archives

Monday

14 Oct 2024

Is Labour’s investment summit back on track?

13 min listen

This morning is the government’s big investment summit. They pledged to have the summit within their first 100 days in an attempt to hit the ground running and show the UK as a sensible place to do business. The timing – two weeks before the budget – is interesting, and so is the U-turn from P&O, who will attend the summit despite comments last week by Transport Secretary Louise Haigh (she described the ferry company as a ‘rogue operator’). P&O’s reported £1 billion worth of investment is back up for grabs. Is it time to invest in Britain? What is Labour’s big pitch to business? Also on the podcast, over

Gavin Mortimer

Who is slipping through Europe’s porous borders?

In the same week that over 1,000 migrants arrived in England, the head of MI5 admitted his agency had ‘one hell of a job’ on its hands. Ken McCallum said that while there is a threat from Russia, China and Iran, it was Islamist terrorism ‘that concerns me most’. In particular, al-Qaida and the Islamic State, specifically their Afghan affiliate Islamic State Khorasan Province (ISKP), members of which slaughtered 137 Russians in a Moscow concert hall earlier this year. McCallum’s analysis is almost identical to that of Céline Berthon, the director-general of the DGSI, the French equivalent of MI5. She also namechecked the two Islamist terror groups in an interview last

Steerpike

Lammy’s EU brag backfires

To Luxembourg, where David Lammy is making headlines yet again. The Foreign Secretary has today bragged about his attendance at an EU summit on the conflict in the Middle East and the Ukraine war – with the meet set to include discussion over Russian interference across Europe and the threat posed by Iran. But Mr S was rather intrigued by Lammy’s blatant boasting about his invite – not least when he is hardly the first Foreign Secretary in recent years to attend such a gathering. Gloating about his fancy foreign trip, Lammy grandly insisted: UK security is indivisible from European security. This government is determined to reset our relationships and

Ross Clark

Is Labour’s Britain really an investor’s paradise?

So, is it really time in invest in Britain, as the heads of fourteen banks and other financial institutions have declared in a letter to the Times today, ahead of Keir Starmer’s investment summit? Sorry, but the more that I read the letter, signed by Amanda Blanc of Aviva and David Solomon of Goldman Sachs among others, the more it reads like a note scrawled by hostages suffering from Stockholm Syndrome. Do they really believe that Britain was a basket case under the Tories but that now under Starmer and Labour it has suddenly become a land of opportunity? Or are they fearful of what Rachel Reeves might have in

Steerpike

Why isn’t Elon Musk at Starmer’s investment summit?

Happy summit day, one and all. Today is the new Labour government’s first big business bash, as proceedings kick off at the Guildhall. Ministers are insisting that Britain is open for investment (honest, guv) ahead of Rachel Reeves’ Budget on 30 October. Yet while there were some early positive signs for the Prime Minister – with five of the world’s biggest banks signing a statement of support today – there seems to be a fly in the ointment in the form of one man’s absence. Elon Musk is conspicuously not present at today’s jamboree, with the BBC reporting that he was ‘not invited due to his social media posts’ during

Jonathan Sacerdoti

Can Lebanon ever be free of Hezbollah?

Lebanon is teetering on the edge of a seismic political shift, facing increasing pressure both from internal factions and external military threats. Years of dominance in Lebanon’s political and military arenas have not shielded the terror group Hezbollah from devastating external blows, including the assassination of its longtime leader, Hassan Nasrallah. The group’s entrenched power within the country’s political, military, and social structures has long presented a seemingly insurmountable challenge. As the group’s grip appears to weaken, a rare moment of vulnerability has emerged, one that could reshape Lebanon’s future. Yet the question remains: will this be a fleeting opportunity or the beginning of Lebanon’s long-awaited liberation from Hezbollah’s shadow?

Limor Simhony Philpott

Hezbollah’s drone strike won’t deter Israel’s campaign

Last night, a single Hezbollah drone managed to inflict more damage on Israel than 200 Iranian ballistic missiles so far. A ‘swarm’ of drones launched by the Iran-backed terror organisation based in Lebanon exploded south of the northern city of Haifa, with one hitting the Binyamina military base, home to a training camp for the Israeli Defence Force’s (IDF) Golani Brigade. Early reports indicate the drone was spotted by the Israeli airforce, but attempts to shoot it down failed. Sirens to warn those targeted also did not go off. As a result, it exploded, causing a reported 67 casualties according to Israeli media, four of whom have been killed and

Tom Slater

Braverman’s Cambridge cancellation exposes the campus free speech crisis

Anti-fascism ain’t what it used to be. It used to mean signing up to go to fight Franco’s fascists in Spain, turning out against Oswald Mosley in the East End, or trading punches with National Front thugs. Now it means trying to get right-wing Tory MPs no platformed on elite university campuses – and occasionally punching elderly gender-critical women in the face. It’s by turns despicable and pathetic. The cancellation of Suella Braverman’s event at Cambridge last week – following threats of protest by assorted faux-radical groups, with ‘Cambridge for Palestine’ to the fore – was grimly predictable. Indeed, it follows a pattern that has become all too familiar to

Sam Leith

Labour were right to protect Taylor Swift

Still making headlines, it seems, is one of the more trivial scandals to have dogged the Labour government in its first 100 days in office: to wit, the police protection given to the pop singer Taylor Swift. File firmly under circuses, you might think, rather than bread. For those who need catching up, the American pop star was given a VVIP police escort around London during the UK leg of her Eras tour – a swishy blue-light motorcade of the sort usually reserved for members of the royal family and foreign heads of state, and the reassuring knowledge that should some loon seek to lob a brick at her, or

Sam Meadows

Javier Milei could be in trouble

President Javier Milei isn’t believed to have attended Sir Paul McCartney’s Buenos Aires concerts last weekend, but if he had, he would have heard thousands of Argentines belting out ‘Getting Better’. Are things getting better for Argentina? There’s enough in the World Bank’s latest assessment to give Milei optimism. While his brutal austerity measures have caused the economy to shrink by 3.5 per cent in 2024, according to projections, GDP is also primed to grow by 5 per cent next year. One consequence of Milei’s success has been a stark increase in poverty Now the main concern for Milei – and South America’s great libertarian experiment – is whether he

Sunday

13 Oct 2024

Steerpike

Will Labour break their tax pledge?

We are now just three weeks away from Labour’s first Budget and the mood music out of the Treasury is all rather ominous. On 30 October we find out the answer to the great question of British politics: can Rachel Reeves square her spending plans with her past promises on tax? With Labour desperate to keep investors onside ahead of their big jamboree tomorrow, it was up to Jonathan Reynolds to hold the line on Sky this morning. Unfortunately for the Business Secretary, it seems he made the cardinal sin of ‘committing news.’ Asked whether the government would increase National Insurance for employers, Reynolds refused to rule it out. Labour

Joe Bedell-Brill

Jonathan Reynolds shoots down Transport Secretary’s P and O comments

Jonathan Reynolds: Transport Secretary’s comments on P&O Ferries ‘not the government’s position’ This week, Transport Secretary Louise Haigh described P&O Ferries as a ‘rogue operator’ and encouraged consumers to boycott the company, leading parent company DP World to threaten they would pull out of the government’s investment summit on Monday, and put a reported £1bn worth of investment in the UK on hold. Keir Starmer said that Haigh’s comments were ‘not the view of the government’, despite previous government press releases using the same language, and DP World subsequently reconfirmed their attendance at the summit. Speaking to Laura Kuenssberg this morning, Business Secretary Jonathan Reynolds echoed the words of the

Steerpike

Labour’s poll lead ends after 934 days

Happy 100 days of Labour being in power! To mark this auspicious occasion, the British electorate have decided to give Keir Starmer a present that he really did not want – the end of Labour’s lead in the polls after a whopping 934 days. Yes, that’s right: the Starmer army have led in every single survey since March 2022 when Boris Johnson was gripped by his partygate woes. The subsequent Liz Truss debacle saw Labour’s lead climb to 30 points, with Rishi Sunak regularly suffering 20 point deficits. Yet after less than four months in office, that trend has now been completely reversed. Guess governing is harder than it looks

Stewart McDonald

The complex legacy of Alex Salmond

In reflecting on the life of Alex Salmond, I should begin by paraphrasing his successor as First Minister, Nicola Sturgeon. I cannot pretend that the last few years of the breakdown in his relationship with the mainstream of the party he once led did not happen, but we cannot help but reflect on a remarkable political life. Salmond was central to the birth of the modern SNP. As former political editor of the Herald Murray Ritchie put it, he took an ‘ill-disciplined, fractious and impecunious fringe party and established it as the dominant force in Scottish political life’, noting: ‘This in a country where Labour had been in control for

Jonathan Spyer

Where does Lebanon go from here?

Israel’s overt ground intervention into Lebanon is now entering its third week. So far, the Israel Defence Forces (IDF) have advanced just a few kilometers in and established control in a number of locations across the border. The IDF itself has described its ground action on the border as consisting of ‘limited, localised and targeted raids.’ Standing at a border observation post a few days ago, my impression was that this description appears accurate, at least for now. Looking across to the towns of Bint Jbeil, Maroun a Ras, Ain Ebel and Ait a Shaab, we heard the occasional sound of artillery cannons. Twice, we saw interceptions of ordnance fired

Alex Neil

We will never see the likes of Alex Salmond again

Of all the thousands of tributes paid to Alex Salmond since his untimely and premature death the one that best sums up Alex is that from Adam Boulton, the former Sky News political editor. Adam wrote: ‘He was a world class politician, whether you liked him or not.’ There aren’t many objective observers of the Scottish and UK political scene who would disagree with that astute observation. Alex Salmond was the first and only politician in over 300 years since the 1707 Act of Union who came anywhere near to taking Scotland to the brink of regaining its status as an independent country. Between February and September 2014, support for

Robin Ashenden

Only Ed Miliband would want to live next to an electricity pylon

Some find happiness through love, some through religion, others through their work or hobbies. But Energy Secretary Ed Miliband has recently revealed that he would be happy living next to a pylon. Following Ken Livingstone’s interest in newts and Jeremy Corbyn’s obsession with manhole covers, it seems prominent Labour politicians are constantly surprising us with their interests. But for Miliband there is just one snag. Near his home in Camden Borough, London, there are – no doubt to Ed’s dismay – remarkably few electricity pylons to keep him happy. Miliband – that one-time public mauler of breakfast baps – is, it seems, in a minority with this peculiar passion. In a recent poll published by the

Patrick O’Flynn

Robert Jenrick doesn’t have long to turn the tables in the Tory leadership race

And then there were two. Either Kemi Badenoch or Robert Jenrick will be the next Conservative leader. This is a contest that, for the first time since members were given the final say, will really go down to the wire. Whoever wins, the Tory party looks set to change radically. Badenoch’s list is peppered with centrists of the highfalutin and careerist kinds When Iain Duncan Smith made the final two back in 2001, it was clear that he would beat Ken Clarke. The outcome of the tussle between Davids Cameron and Davis in 2005 was pretty much a foregone conclusion after Eton Dave’s Chinese takeaway of a speech – very

Jawad Iqbal

Why India’s super-rich are snapping up Rolexes

Here’s a question: what do crazy rich Indians want more than anything? The answer appears to be luxury watches, and the more the merrier. From January to July of this year, Swiss watch exports to India were up 20 per cent compared with the same period in 2023, and up more than 41 per cent compared with the same period in 2022, according to the Federation of the Swiss Watch Industry. The growing demand from the super-rich is set to soon make India one of the international watch industry’s top export markets. The luxury watch market is very much about the exclusivity and social cachet it brings India’s economy is

Saturday

12 Oct 2024

Stephen Daisley

Salmond’s critics can’t ignore his lasting legacy

When he lost his Gordon seat in the 2017 general election, Alex Salmond told his count and those watching – friend and foe – that ‘you’ve not seen the last o’ my bonnet and me’. The line comes from Sir Walter Scott’s Bonnie Dundee, an ode to John Graham, the 1st Viscount Dundee, who led the 1689 Jacobite uprising to restore James VII and the House of Stuart. Quoting the lyric was pure Salmond. Not only was he fond of weaving poetry into his public statements – an art sadly lost to most political rhetoricians – it reflected his self-mythologising as a modern-day Scottish rebel against the British establishment. Salmond