Politics

Danny Finkelstein’s paean of praise (£) to Andrew Cooper, the PM’s new director of political strategy, contains several interesting lines.  Finkelstein says that his former flat mate’s biggest challenge is, ‘Devising a strategy for changes in the NHS so that a critical political battle isn’t lost disastrously’. This is yet another indication of how nervous Osborne and co are about Lansley’s reforms and reopening the NHS as a political issue. The second is him reporting that Cooper will tell ‘Cameron to be a national leader, rather than a party politician. Especially in the Commons.’ To date, Cameron has been — with some notable exceptions such as his statement on Bloody

“A well-targeted aid budget is essential if Britain is to punch above its weight on the world stage.” That’s how Tim Montgomerie finishes his neat defence (£) of British aid policy for the Times today. But, putting aside the matter of whether it’s wise to give aid to, say, India at a time of spending restraint back home, Tim’s claim rather inspires a question: is our aid budget well-targeted? And the answer, it seems to me, is encoded in Ian Birrell’s punchy piece for the Evening Standard. Ian’s overall point is similar to that made by economists such as Dambisa Moyo, whose work we have mentioned on Coffee House before

Attack, attack, attack. That’s the temper of George Osborne’s article for the Guardian this morning, which sets about Labour’s economic credibility with a ferocious sort of glee. Perhaps the best passage is where he asks how many times Labour can spend their ubiquitous “bank tax,” but this is more pertinent to the recent debate: “Where does all this leave Ed Miliband’s newfound enthusiasm for the “squeezed middle”? Let’s pass over his failure in every interview to define it – his last effort included around 90% of taxpayers. Where we can all agree is that these are difficult times for family incomes. There are two root causes. One is global: rises

Ed Balls has been warming up to this one for a while, and now it has finally come: an all-out attack over rising prices. In an interview with the Sunday Times (£), the shadow chancellor warns of Britain’s “cost of living crisis,” and demands that George Osborne reverse the VAT increase. Much of his pleading is made on behalf of motorists, who – as I pointed out a couple of days ago – face punishment at the petrol pumps. He doesn’t even mention spending cuts once, especially not where his own party’s are concerned. Rising costs, clearly, are the new weapon of choice. And it’s not just Balls. Ed Miliband

Oh look, the ruling Fianna Fail party is set for defeat in the Irish election. Unsurprising, for sure, but the scale of their drubbing will still be something to behold. An exit poll conducted by RTE has them in third place on only 15.1 percent of the vote – which, as Sunder Katwala points out over at Next Left, is some way down from both their traditional 40+ per cent support and the 41.6 per cent that they achieved in 2007. The same exit poll has the centre right Fine Gael party in the lead (on 36.1 per cent), their best performance for 28 years, although not enough for an

Have the Tories rediscovered the Right instincts? If power without responsibility has been the prerogative of the harlot throughout the ages, then the lot of a government minister can seem like responsibility without power. In private moments, ministers complain that they are overwhelmed by paperwork and have to drive change through a recalcitrant Civil Service. Members of the coalition Cabinet are rapidly finding out that the answer to the question ‘who governs Britain?’ is not as simple as they’d hoped. Nothing new there. Relative impotence is the perennial complaint of new ministers. They quickly come to appreciate that Yes, Minister was as much fact as fiction. Today, however, there are

Each month, inflation numbers come out and seem to surprise everyone – except the chosen few who have access to the forecasts. So I thought we’d share with CoffeeHousers what is all too seldom put on public record: forecasts for inflation and base interest rates. It might be useful to anyone thinking of taking out a fixed rate mortgage deal. These forecasts are from Michael Saunders at CitiGroup, whom I regard as one of the best in the business. Pretty much every analyst thinks that interest rates will soon start a relentless march back to 5 per cent, so these 3 per cent fixed rate deals we’re getting right now