Politics

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

Bay State Blues

I have just returned from Massachusetts, where I cast my vote in an absentee ballot for Super Tuesday. This wildly wide-open presidential race is like mainlining for political junkies, and it’s a pretty exhilarating rollercoaster ride for the ordinary voter too. But what happened last week, when the economy crashed headlong into the election bandwagon, will be fascinating to watch – the battle of the Big E’s, I call it. Now Massachusetts politics is an incestuously Democratic affair, and with John Edwards effectively out of the running in the state, it’s the big clash once again between Hillary and Obama. I can’t see a cigarette paper between them. In fact,

James Forsyth

More worrying signs

The Federal Reserve cut rates by 0.75 points even before the markets opened in New York in what looks worryingly like a panic move. (At the very least, it will convince the markets that if they scream loudly enough, the Fed will always give them what they want.) Meanwhile, in Britain Harriet Harman has taken it upon herself to reassure us all that we’re not heading into recession. On a more serious note, it will be interesting to see how the tense relationship between King and Brown and Darling plays out as the Bank of England and the government scramble to respond to this crisis.

James Forsyth

Brown no longer gets the benefit of the doubt

If you had told most people in the Westminster Village a year ago that the economy would hit choppy waters, then most people would have thought that this would actually strengthen Gordon Brown’s electoral position. The logic behind this was that Labour’s advantage on the economic competence question was so deep set  that the public would prefer Brown’s experienced hand at the tiller rather than the untested Cameron and Osborne combination. This is what played out after the run on Northern Rock. Populus recorded that Labour’s lead over the Tories on who was trusted to deal with economic problems actually rose, climbing from 31 points to 38. The voter’s reaction appears

James Forsyth

Our defeatist Home Secretary

Jacqui Smith’s comment about why she doesn’t walk around at night sums up what is wrong with the establishment attitude to crime. Here’s the exchange between the Home Secretary and Isabel Oakeshott: IO: Would you feel safe, walking round, say, Hackney, at midnight on your own?  JS: Well, no, but I don’t think I’d ever have done. You know, I would never have done that, at any point during my life. IO: Why not?  JS: Well, I just don’t think that’s a thing that people do, is it, really? Implicit in Smith’s answer is the belief that crime is inevitable and that if you don’t want to be mugged you

Boris strengthens his position

Excellent news for the Spectator’s mayoral candidate in today’s Standard. A YouGovStone poll of 533 influential Londoners shows Boris well ahead of Ken on voting intention (44 to Livingstone’s 38), and with a narrower lead as the candidate who “will do most to enhance London’s reputation”. Boris trails Ken on the issue of trustworthiness in the event of another terror attack and has some work to do with second preference votes (interestingly, Sian Berry, the Green candidate, leads on this question). But it is clear that Boris can win. Tonight is a big night in the mayoral contest: Martin Bright’s Dispatches programme on Ken airs at 8pm on Channel 4,

Brown’s politicking on the world stage

No-one thought that Gordon Brown would be much of a statesman but, even so, it’s still surprising just how clumsy his efforts in India and China have been.  His speeches may have contained words such as “co-operation” but the substance of them has been self-serving and – as the Spectator’s Fraser Nelson has pointed-out – domineering.  Take the talk that Brown delivered to business leaders in Delhi today, in which he claimed that the International Monetary Fund needs to be reformed and given a new “early warning” power so that it can stave off crises such as Northern Rock.  In other words: Northern Rock was the fault of international organisations

Fraser Nelson

Are Brown and Darling the Del Boy and Rodney of British Politics?

Have a look at the stock market today, then the housing market, and then ask what kind of idiot would try to flog a mortgage bank like Northern Rock right now? Brown and Darling are fast becoming the Del Boy and Rodney of British politics – churning out dodgy figures, mesmerised by their own little scams and then getting fleeced when they engage in the real market and try to do deals with real business people (remember that gold sale?). The truly terrifying thing is it’s our money – about £60bn of it – bundled in the back of their Robin Reliant as they head off to see a man about

James Forsyth

Rock solid support for the EU Reform Treaty

One would have thought that being Chairman of Northern Rock at the moment was an all consuming task. But Bryan Sanderson, the stricken bank’s chairman, has clearly had enough time to read the document formerly known as the EU Constitution in depth as he has come out and endorsed it in an open letter released by Business for a New Europe. Seeing as Northern Rock shareholders look like having about as much choice about what happens to the bank as voters do about whether or not the Lisbon Treaty is ratified, this is all rather ironic. Then again, what’s sauce for the goose is sauce for the gander.

James Forsyth

How the government plans to shift Northern Rock

The details of the government’s latest scheme for Northern Rock shows just how long the taxpayer will be left supporting the stricken bank. The government will guarantee £25bn plus of bonds designed to cover both the loans given by the Bank of England and the bank’s need for cash to cover its operations with these bonds taking five years to repay. Rock shareholders are being increasingly sidelined. The BBC reports that once business plans re submitted by February 4th, it will be the Chancellor Alistair Darling who decides which bid to accept with the greatest emphasis being on which would allow taxpayer backing to be withdrawn soonest.  However, the government

How will the public react to being denied their referendum?

In an interview on today’s Politics Show, David Miliband reiterated the government’s opposition to a referendum on the EU Reform Treaty, claiming that: “The reformed Treaty is there for parliament to scrutinise and then to pass …. Obviously, people will put down an amendment and parliament will have to decide, but I don’t think this Treaty meets the bar of fundamental constitutional reform that should be the basis of having a referendum.” Miliband’s stance – although hardly surprising – is going to be disappointing for groups such as I want a referendum.com, as well as, I’m sure, for many Coffee-Housers. The question now is of how the wider public respond

Fraser Nelson

Brown won’t get his Tory split on Europe

William Hague was on Steve Richards’ GMTV show at 6am this morning (amazing what baby care does to your viewing habits) and asked The Question ahead of tomorrow’s debate: what would a Tory government do about a ratified EU Reform Treaty/constitution? He answered in almost the exact same words Cameron used on Marr last week. “In our view too much power would have been transferred from Westminster to Brussels, that it would lack democratic legitimacy for the reasons we have discussed, and that we would not let matters rest there and that is a position that Conservative MPs, as far as I can see, are very, very supportive of.” The

Money for art’s sake

On Tuesday, the Spectator’s Clemency Burton-Hill wrote an impassioned post on how the Arts Council of England’s recent funding settlement could spell death for numerous theatrical companies across the country.  Many media outlets have run similar pieces – pleading the case for this theatre or that – but few have been as persuasive as Richard Morrison’s excellent article in this weekend’s Times ‘What’s On’ section. Morrison reveals that the funding settlement will almost certainly put an end to the Birmingham Opera Company.  Under the direction of Graham Vick, this company has become a major critical darling but, more importantly, it defies the argument that opera – or even art more

Fraser Nelson

Delhi University up in arms over Brown’s “doctorate”

In last week’s Spectator, I disclosed, that Indian’s government was stuck for ideas as to what to give Gordon Brown as a present for his visit and ordered Delhi University to deliver an honorary PhD – for “Public services and academia.” When I spoke to No10 before that piece, they were unable to confirm that the award would go ahead. I speculated that this was because it may invite awkward questions such as “what as Brown ever achieved in the public services?” But the true controversy, according to The Hindu newspaper, is that the University academics are strongly against the plan – and of the 280 people present, just 15

James Forsyth

The question Hain must answer

Peter Hain has been cleared of breaching the Ministerial Code and many in Westminster think the furore over his failure to declare all the donations to his deputy leadership campaign will now die down. But Rosa Prince points out over at the Three Line Whip yesterday’s decision actually raises huge questions about Hain’s version of events and whether he can carry on as a minister. Hain has been cleared because he told his permanent secretary of the donations to his campaign including one from the GMB union of £10,000—which was not declared until last week—who he was negotiating with in his ministerial capacity at the time. But as Rosa notes,

James Forsyth

Has Labour found a way to avoid nationalising Northern Rock?

News has emerged from the PM’s trip to China that Alistair Darling will make a Commons statement about Northern Rock on Monday.  On Boulton and Co, Jonathan Levy reports that the word is that Goldman Sachs has advised the government to bundle up the money that is being using to support the stricken bank and sell it off as government bonds. The thinking is that this scheme would allow the taxpayer to recover their money and make the bank a more attractive proposition to private buyers. The BBC is saying that Virgin is now in pole position to take over the bank. Apparently, shareholder objections to the Virgin bid will be

Leaders, deputies–and elections

£180,000.00 or so doesn’t seem to buy you much of a political campaign these days. Peter Hain’s attempt at being deputy leader of the Labour party certainly ended in a lot of cheques being signed rather than in ballot papers being crossed in his favour. All that rather desperate spend only reinforced the impression that he was regarded as an outsider within the Labour movement as a whole-despite his status as a cabinet minister and MP of sixteen years standing. It’s all too easy though for a political campaign to run into such difficulties-because here the financial is an aspect of the personal. The moment a candidate puts his name

Fraser Nelson

Just get out of the way, Prime Minister

Brown’s been in China only a few hours and already I can’t take any more. Unable to match Blair’s slick statesman act, he gabbles on like an over-promoted finance minister – regurgitating the same type of statistic-riddled declarations he gave as Chancellor.  His “response” to China is to lay out his own central targets, committing to treble trade to £30bn, we’re told. Come again? Brown has 20 business leaders with him on the trip. One should take him aside and quietly explain that Britain is a free economy – so its trading preferences are outside his control. He is a mere spectator in what is a mutually-beneficial relationship between the

Backing McCain

In an excellent post over at Comment Central, Daniel Finkelstein lists the reasons why he thinks John McCain will win the Republican nomination.  Finkelstein’s second point is the most persuasive: “Second, I think that [John McCain] and Rudy Giuliani are the only Republicans with the remotest chance of winning in a general election.  I don’t think serious parties choose candidates who they know will lose.  Even though the conservative party establishment distrusts McCain I think they would be with him if things got tight and he was the only winner still available.”

James Forsyth

How hungry for power are the Tories? We’ll soon find out

How disciplined Conservative MPs are in responding to two issues coming up in the next few weeks will tell us a lot about how determined they really are to return to government. First, there’s the question of Parliamentarians pay. With Gordon Brown taking a tough-line, the Tories are obliged to do the same or open themselves up to a politically damaging line of attack. Iain Martin reports that the leadership has made the vote for a below inflation raise a three line whip and if a sizable number of MPs rebel then it will be a major embarrassment. Remember that it was the issue of MPs pay that gave Tony