Putting your savings in a fixed rate bond guarantees your rate of return – but you do have to be prepared to lock up your cash for a set amount of time. Here are this week’s best buy two-year fixed rate bonds. Data provided by Moneyfacts.
It is amazing what a crowd – or a basket – of deplorables can do. Sometimes they can even strip away cant and reveal the truth. Such has been the case since a few hundred neo-Nazis and assorted other white supremacists marched in Charlottesville, Virginia, at the weekend. They were protesting the planned removal of a statue honouring General Robert E. Lee, a statue typical of the American south’s longstanding emotional sympathy for the Confederacy. The Confederates might have been wrong, but they were romantic and, besides, they were our kind of wrong. Of course they should still be honoured by statues that serve as consolation prizes or participation trophies.
The National Union of Students isn’t good for much beyond the occasional discount voucher which it sends to its members. But its latest campaign still proved a big hit. The NUS called on its members to boycott the National Student Survey, suggesting that it could be used to justify higher fees if universities scored highly. Students need little encouragement not to do something; unsurprisingly, the plan worked. Last week, it emerged that a dozen universities didn’t get enough responses for their surveys to be deemed valid. Top universities – including Cambridge, Oxford, UCL and Bristol – were among those affected. The NUS is busy claiming success. Yet this characteristically petty
Driving in central London is a minefield at the best of times. What with the confusion of the congestion charge zone, one-way streets at every turn, cyclists all over the place and it being nigh-on impossible to park, it’s a wonder that anyone even tries to drive in London. Perhaps this is all a tactic by the Mayor to put off drivers from coming in to the capital. It does seem like a pretty good tactic, to be fair. The latest gripe is about one particular junction in Bank, from which cars are banned, and only buses and bikes are allowed to drive through. However, the rules were only changed
I have a beautifully quiet workroom at home, but somehow the expectant hush in there raises the stakes intolerably, and I only use it in an emergency. Instead I put my laptop in my bag and make my way to a café which meets my needs for a steady background murmur of other people’s conversation, and decent coffee. Also, for tolerance of a gurning, teeth-picking, hair-twiddling, head-scratching man in the corner who sits for hours at a time, only buying Americanos. If anything, my present café is a little bit too white and bright and hipster-aspirational. There used to be one nearby that almost perfectly embodied my ideal of shabbiness
Jeremy Corbyn finally broke his silence on Venezuela this week, but in the manner of a man who has his head buried in a very large bucket of sand. He condemned violence ‘on both sides’, painting the country’s problems as a battle between factions rather than a case of a repressive government snuffing out popular protests. No one would know from the Labour leader’s words that President Maduro’s regime is engaged in what the UN Human Rights Office described this week as a ‘widespread and systematic use of excessive force’. More revealing still was Corbyn’s reply when prodded on the economic and social conditions which led to the protests. The
David Cameron was in the news again this week after being paid £1 million a minute to give a speech explaining why Brexit was a terrible mistake at the annual Gay Stranglers’ Guild gala dinner at a brutal dictatorship in central Asia, before spending a week cruising the Baltic on the yacht of Putin’s second-favourite oligarch with the prettiest members of the Russian men’s lacrosse team. No, wait. My bad. Had he done that, as we know from similar cases, he would have got off scot-free. Instead, the ex-PM did something far, far worse in the eyes of our ever watchful media: he was photographed enjoying himself at a Cotswolds
If you are a writer of my disposition you tend to grasp any opportunity for self–sabotage and distraction. So here’s my shabby, rapidly declining two bob’s worth. The process to me is generally an ideal I am working towards or aspiring to, like drinking less or going to the gym more. Whenever I pompously declare ‘I’m at my desk every morning by 7 a.m.’ a cynical voice in my head screams ‘You wish!’ But the good news is that it’s easier to stop a teenager from masturbating than a real writer from writing. The ideal I aspire to is rising at 6 a.m., having a light breakfast, being at my desk till
Dwight Eisenhower was right to warn Americans in 1961 of the ‘military industrial complex’, but perhaps it is now the only thing that stands between the US and chaos. The new White House chief of staff, General John F. Kelly, is the third general Donald Trump has appointed to his cabinet. Kelly is already getting a good press for introducing military discipline and order to the Trump White House. His first move was to fire the attention-grabbing billionaire Anthony Scaramucci as head of communications, and he’s said to have told even members of Trump’s family that they must book ‘face time’ with the President through him. Is this another sign
In a quiet season for business news, the giant cesspit that is the world of elite football can be relied upon to provide a money story with a pungent whiff to it. I refer to the transfer of the 25-year-old Brazilian known only as Neymar from Barcelona to Paris St Germain for a world-record fee close to £200 million. When Neymar was bought by Barcelona from Santos of Brazil in 2013, a £200 million break clause was inserted in his contract in the belief that no club in the world could possibly afford to buy him out. But PSG has done so even though Spanish football authorities refused to facilitate
When I first heard Donald Trump threaten North Korea with “fire and fury,” I immediately despaired—because I’m sick and tired of hackneyed Game of Thrones references. Amongst American pundits, mentioning the hit show has become a desperate way of showing off one’s knowledge of popular culture. To that end, Steve Bannon isn’t Rasputin or Jean-Paul Marat; he’s Qyburn, of course, and Sean Spicer is Hodor. Now this lazy form of posturing has infiltrated even the highest levels of the United States government. What have we come to? Despite its fantasy undertones, however, Trump’s “fire and fury” remark didn’t originate on HBO; it was improvised by the president during an event addressing the American
Police paying a convicted child rapist to be a covert informant will always turn stomachs. But the real stomach-churner is that the grooming and exploitation of vulnerable women and girls is continuing. Even so, the £10,000 payment made to a sex offender who helped bring the Newcastle grooming gang to justice has sparked a backlash. The chief constable of Northumbria, who authorised the payment, has conceded that his decision is widely seen as ‘morally repugnant’. Yet the criticism aimed at the police should not mask the importance of paid informants. It’s clear to me that information and intelligence is the lifeblood of any investigation. This is particularly true in cases involving child sexual exploitation, where offenders operate in
Donald Trump’s latest eruption – saying that his threat of fire and fury didn’t go far enough – will have delighted Kim Jong-un. His demented regime is based on the idea of being on the brink of war with the United States: this conceit has been used to build a nuclear weapons arsenal that has cost billions of dollars and millions of lives. He ran 24 missile tests and two nuclear tests last year and still didn’t get a rise out of Barack Obama. Then along comes Donald Tump and: bingo. Kim has finally found someone with whom to play nuclear poker. To many in Washington – and the world
Tomorrow, 12 August, is the ‘Glorious Twelfth’: the official start of the grouse-shooting season. This normally means plenty of tweed and guns heading north, in cars, in planes, and on the railways. This year, however, there’s something of a spanner in the works. Just weeks before the start of the season, ScotRail announced that they would be banning all guns on their trains. This is despite the fact that unloaded, properly licensed firearms are allowed on trains, as long as they are carried ‘in accordance with the law’. The sticking point here, however, is the part that says ‘with prior permission of the train company’. So if ScotRail have decided
Modern slavery is affecting every town and city in Britain, according to the National Crime Agency. Despite William Wilberforce saying two hundred years ago: ’Let us put an end at once’ to this practice, ‘slavery persists to this day, probably within a mile of the parliament in which he spoke’. ‘In car washes and in construction…in brothels and in cannabis factories, on farms and in nail bars. More startlingly, they are to be found in homes’, says the Times, The Modern Slavery Act, which passed in 2015, was a ‘tardy recognition of a growing problem’, While yesterday’s warning about the problem provides a stark warning: ‘If the NCA is shocked
Last week I pointed to the fact that games played at accelerated time limits are acquiring an official imprimatur that threatens to rival the well-established ratings, rankings and titles of chess played at classical time controls. This year’s British Championship (the 104th) last weekend concluded in Llandudno with a four-way tie for first place. In order to separate the top four, a rapidplay play-off was necessary. So the British Championship title for the coming year has now been decided by games at faster speeds. The final leading scores in the championship and the final involving the top four were as follows: Gawain Jones 10½; Luke McShane 9½; Craig Hanley
White to play. This is from Anand–Caruana, St Louis 2017. Can you spot White’s incredible winning move? Answers to me at The Spectator by Tuesday 15 August or via email to victoria@spectator.co.uk. There is a prize of £20 for the first correct answer out of a hat. Please include a postal address and allow six weeks for prize delivery. Last week’s solution 1 … Qxc3 Last week’s winner Louis Busuttil, Mildenhall, Suffolk
Unbearable wait Sir: Like Jenny McCartney, I too am fed up with flying (‘Civilised air travel? Pigs might fly’, 5 August). However, it’s not for any rudeness on the part of the staff, which I have as yet not encountered. Nor is it the lack of meals. Who needs them? No, it’s the agony of endless queues at the airport, the misery of taking off shoes and putting them back on, with no chairs supplied, and the confiscation of small items overlooked in packing. This is no fault of the air companies, but the rise in terror attacks has made such scrutiny necessary. I have ceased to travel long journeys
Greece is jasmine, bougainvillea, mimosa, cypress, olive, pine, oregano and sage, rock, sand, wine, fruit and the bluest and cleanest water in the Med. The Peloponnese has the nicest, most welcoming and generous of people, none more than my host and hostess at their private island, literally a paradise on earth. Around 60 staff keep the place ticking along perfectly, and one thing I’ve learned in this long life of mine among the rich and famous is, you can’t fake it with the ones who work for you: if they don’t love you, it shows. I’ve seen it time and again, the long faces of staff among famous Italian carmakers,
My grandson and I are reprising the 1968 film The Swimmer. Burt Lancaster is an advertising executive at a pool party who attempts to swim eight miles home via his affluent Connecticut neighbourhood’s outdoor swimming pools. We don’t have a pool, but our friends are generous with offers to use theirs. Our aim is to take advantage of these offers by swimming in a different pool every day and working our way through the expat society of this remote part of the Provence. It’s Oscar’s first trip abroad; he is staying for a fortnight. Today was day four. The effect of the contrast in his plastic mind between a flat