Politics

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

Leading article: In other news…

While Britain is fixated on the fall of the house of Murdoch, a much greater drama is unfolding. While Britain is fixated on the fall of the house of Murdoch, a much greater drama is unfolding. The eurozone crisis has spread from Greece and is now threatening Italy, whose economy is five times larger. If Italy defaults, the continent will fall back into recession — and Britain will be in trouble. The great tap of international borrowing on which we depend may run dry again. The best chance of avoiding such a calamity rests with Angela Merkel and the patience of the German taxpayer. So far, however, Ms Merkel is

Inadequate stress test inspires anti-EU sentiment across Europe

Yesterday’s European Banking Authority (EBA) stress test was supposed to restore confidence in the euro and Europe’s beleaguered financial institutions; it has had the opposite effect. Investors and market analysts are preparing for ‘Black Monday’ after only 8 banks failed the test and must now raise £2.2 billion between them to stave off ruin. A respected estimate by Goldman Sachs expected at least 15 banks to fail, requiring £29 billion to recapitalise. As the Spectator’s business blog reported yesterday, analysts feared that the EBA’s test would not be sufficiently stringent, and so it came to pass. The findings have served only to undermine confidence in institutions across the continent, many of

James Forsyth

Ed against the empire

Rupert Murdoch’s hold on British politics has finally been broken. The politicians who competed to court him are now scrapping to see who can distance themselves fastest. As the Labour leader, Ed Miliband, says when we meet in his Commons office on Tuesday afternoon, ‘The spell has been broken this week and clearly it will never be the same again.’ Miliband and his staff have just heard that the government will support their motion calling for Murdoch to withdraw his bid for BSkyB. They are trying to contain their excitement, but their grins give them away. The press secretary, normally a nervous-looking soul, is beaming from ear to ear. Their

You’ll miss him when he’s gone

Ed Miliband was beaming when I saw him talking to Rupert Murdoch at the media magnate’s summer party at the Orangery, Kensington Palace, just three weeks ago. Ed Miliband was beaming when I saw him talking to Rupert Murdoch at the media magnate’s summer party at the Orangery, Kensington Palace, just three weeks ago. The Labour leader has since admitted that he did not raise the matter of phone hacking that evening. Of course not! He was trying to charm. But that is so last month. Now, Miliband is happily playing Pied Piper to the lynch mob against the lord of the evil empire whom the Labour party courted so

Never trust an editor

Long before the phone-hacking scandal attained volcanic proportions, I scarcely knew a journalist in London unastonished to hear that last Christmas, the prime minister dined at the Oxfordshire home of Rebekah Brooks. Even were she Mother Teresa, which some evidence suggests she is not, it was plainly a lapse of judgment for David Cameron to be seen to accept Brooks’s hospitality, as he regularly did. This was on four counts: 1) The immensely sensitive issue of BSkyB’s future ownership was on the government’s plate, and Brooks is a senior executive of News International. 2) The News of the World phone-hacking scandal was ongoing, and Brooks was a deeply involved party.

From the archives: When Gordon loved Rupert

Gordon Brown graced the political stage with a rare cameo this week – if half an hour of deluded invective masquerading as reasoned piety qualifies as a cameo. Brown would have you believe that he had nothing to do with Rupert Murdoch. This following piece by Peter Oborne says otherwise.   The murderous intent of Gordon Brown, Peter Oborne, 20 April 2002 This Friday a triumphant Gordon Brown flies to New York for a business conference. The Chancellor and his colleagues perhaps see the trip as a well-earned break.   In No.10 Downing Street there is a temptation to take a more jaundiced view, and interpret it as a quick

James Forsyth

Cameron comes clean

Later on today, Downing Street will reveal all of David Cameron’s meetings with newspaper / media proprietors and editors since the election. This is a welcome move, transparency is the best disinfectant and by getting the information out there it will end speculation about precisely how close he was to various people in News International. But one detail has already leaked out and will cause controversy: Andy Coulson was a guest at Chequers several months after he quit the government. In some ways this is no great shock, Coulson — as Cameron said at last Friday’s press conference — is a friend of the Prime Minister and someone whose advice

Multi-speed Europe

Britons are becoming increasingly eurosceptic, according to YouGov. I have previously predicted that could leave the union; but there is another option. Following the eventual resolution of the euro crisis, the EU may evolve into a much more asymmetric arrangement, with a small group of European states integrating in some areas, while other states remain outside. On the surface, this does not look like anything new. The EU already has many different levels of integration. The Schengen agreement and the euro are examples of this and the Lisbon Treaty holds out the idea of more such multi-speed arrangements. However, after the euro crisis, these will be different from those that

Boris’s star turn

By rights, Labour ought to walk next year’s mayoral election. But all is not going to plan. The latest polls put Boris ahead; one conducted at the end of last month even had him 7 points clear. Labour’s problem is Ken Livingstone. As Jonathan found recently, a full fifth of Labour voters in London say they would prefer Boris to be mayor rather than Ken, an extraordinary statistic. Livingstone is also seen as dishonest in comparison to Boris. His opportunism often contributes to that perception — for instance, his attempt to tar Boris with the filthy Murdoch brush earlier this week was the most transparent piece of hypocrisy. Andrew Gilligan

James Forsyth

Brooks resigns

Rebekah Brooks has finally resigned this morning. Her departure was actually expected yesterday, in the morning indications were given that she would quit that afternoon. My understanding is that the thinking at News International was that if she was still in her job when she attended the select committee hearing on Tuesday, she would just be monstered. But this strategy was thrown into confusion when the Murdochs themselves were compelled to attend. But this morning, the decision has clearly been taken that she has to step down before facing parliament. Her departure was in many ways inevitable. But it does remove the last fire break between this scandal and the

Murdoch prepares to fillet Brown

“He got it entirely wrong.” That is Rupert Murdoch’s response to Gordon Brown’s singular account of his relationship with the Murdoch press. “The Browns were always friends of ours,” Murdoch added in an interview with the Wall Street Journal, in which he promised to set the record straight on the “lies uttered in parliament” when he appears before a select committee next Tuesday. It is going to be a moment of the most gripping political theatre. Murdoch also uses the interview to defend News Corp’s handling of the phone hacking crisis. He concedes that ‘minor mistakes’ have been made, but, fundamentally, all is well with the Kingdom. However, he still

Italy and the US battle debt crises

The Italian senate passed the government’s emergency budget cuts earlier in the day by a margin of 161 votes to 135. The budget will reduce spending by the equivalent of £42 billion over three years, which is supposed to reduce the deficit to zero by 2014 according Finance Minister Guilo Tremonti’s calculations.   Brussels will be hoping that this quells the disquiet about Italy’s ability to service its very substantial debts. Early indications suggest that investors have regained a modicum of confidence in Rome: 8.570 billion euros were bid for a bond auction a few hours ago, although necessity forced the government to offer higher yields to ensure that the

It was the Times wot won it

The latest issue of the Spectator features an article in qualified defence of Rupert Murdoch by William Shawcross, author of Murdoch: the Making of a Media Empire. In it, Shawcross writes: ‘Simon Jenkins, now a Guardian columnist, wrote before the current horrors that Murdoch ‘is the best thing that ever happened to the British media and they hate it.’ He was right. There are obviously many things wrong with Murdoch’s group, but without his epic victory over the print unions in the 1980s, there would be far fewer papers in Britain today. Murdoch means pluralism…Who else would have subsidised the huge losses of the Times, an excellent paper, for so

James Forsyth

Parliament versus Murdoch, part two

The Culture, Media and Sport Select Committee has responded to Rupert and James Murdoch rejecting their request to give evidence to them, by issuing a summons. My understanding is that parliament cannot compel them to attend because they are not British subjects. But others think that as long as they are in the country they can be forced to come to parliament. That a select committee chaired by Margaret Thatcher’s former political secretary is prepared to issue this summons shows how much the standing of the Murdochs has changed in the past ten days. MPs are pretty much united in their fury that News International figures failed to give proper

Coalition’s crime worries ease, but concerns remain

The British Crime Survey is published today and the Home Office had prepared for the worst. For months now, figures close to Theresa May have been expressing their fear that the combination of Ken Clarke’s liberal prisons policy and economic hardship would cause a rise in crime for which the Home Office, graveyard for so many political careers, would be blamed. Today’s figures will have eased their disquiet somewhat, insulating them from Labour’s critique that police cuts are endangering society. The headline is that crime in England and Wales has remained stable over the last year, except for a 14 per cent spike in domestic burglaries according to the British

Alex Massie

Ed’s Very Big Week

Fairness demands one acknowledge this has been Ed Miliband’s best week since he became Labour leader. James’s piece in this week’s edition of the magazine explains why in typically fine fashion. He concludes: There’s undoubtedly something different about Miliband now: more swagger, more conviction. His adept handling of this crisis and his successful parliamentary gamble have shaken the confidence of the Tories. Being the first party leader to take on Murdoch and threaten to win is no mean feat. But can he keep it up? He wonders if this current drama will turn out to be just ‘a couple of weeks when the world looks like it has turned upside

James Forsyth

Ed Miliband: Murdoch’s spell has been broken

I have an interview with Ed Miliband in the latest issue of The Spectator, conducted the evening before yesterday’s Parliamentary debate on News Corp and BSkyB. Here’s the whole thing for CoffeeHousers: Rupert Murdoch’s hold on British politics has finally been broken. The politicians who competed to court him are now scrapping to see who can distance themselves fastest. As the Labour leader, Ed Miliband, says when we meet in his Commons office on Tuesday afternoon, ‘The spell has been broken this week and clearly it will never be the same again.’ Miliband and his staff have just heard that the government will support their motion calling for Murdoch to