Society

How is Britain going green? By shutting down industry

A fortnight ago, the energy minister, Andrea Leadsom, declared grandly that Britain, alone in the world, would commit to a target of reducing net carbon emissions to zero. ‘The question is not whether but how we do it,’ she told Parliament. It is now becoming painfully clear how this target will be reached: not by eliminating our carbon emissions but by exporting them, along with thousands of jobs and much of our manufacturing industry. This week, Tata Steel announced that its entire UK business is to be put up for sale. That came after Stephen Kinnock, whose South Wales constituency includes Tata’s giant plant at Port Talbot, joined a union

More misery for landlords

The news for landlords seems to keep getting worse. Following a clampdown on tax relief and a huge hike in stamp duty on rental properties, the Bank of England announced yesterday that lenders will soon be forced to introduce substantially tougher borrowing standards when it comes to buy-to-let mortgages. The Bank’s Prudential Regulation Authority (PRA) revealed that banks and building societies will be required to be far more cautious when it comes to loans for landlords. This means tighter checks on whether borrowers will be able to cope with higher mortgage rates, as well as greater scrutiny of owners of multiple rental properties. The PRA’s announcement is the latest attempt by policymakers to

Money digest: today’s need-to-know financial news | 30 March 2016

A crackdown on the buy-to-let market makes it to the front page of a number of this morning’s newspapers following recommendations published by the Bank of England yesterday. The Bank announced criteria that will make it tougher to secure a loan on a buy-to-let property, including forcing all applicants to pass an affordability test based on a rise in interest rates to 5.5 per cent from today’s low of 0.5 per cent. Under the proposals, banks will have to take into account all the costs to a new landlord of owning the property as well as the personal tax liabilities and existing expenses of a potential borrower. Lenders had told the central

The questions nobody wants to ask about Asad Shah’s murder

On Maundy Thursday a Muslim shopkeeper in Glasgow was brutally murdered.  Forty-year-old Asad Shah was allegedly stabbed in the head with a kitchen knife and then stamped upon.  Most of the UK press began by going big on this story and referring to it as an act of ‘religious hatred’, comfortably leaving readers with the distinct feeling that – post-Brussels – the Muslim shopkeeper must have been killed by an ‘Islamophobe’.  Had that been the case, by now the press would be crawling over every view the killer had ever held and every Facebook connection he had ever made.  They would be asking why he had done it and investigating every one

Camilla Swift

Can the RSPCA’s new CEO reform the ailing charity?

The RSPCA have been in a fair pickle for a while now. It had been without a CEO for two years – after their last one, Gavin Grant, stepped down citing health reasons – until two weeks ago when they announced that Jeremy Cooper, (formerly chief executive of the charity’s ethical food label) would be taking on the role. This comes after reports at the end of last year that three candidates had pulled out, apparently due to concerns over finances, and the fact anyone in the job would be accountable to the charity’s council. Two trustees have also stepped down since September over concerns about the governance of the

A common sense approach to pensions

When the government implemented radical new pension freedoms a year ago, it was the most fundamental reform to the system in almost a century. And, like so many eye-catching changes, it was given a political spin. ‘Freedom and choice in pensions’ was how it became known. Sounds good, doesn’t it? It’s hard to argue with words like ‘freedom’ and ‘choice’, but there were plenty of people who doubted the efficacy of the new regime. Put simply, ministers abolished the requirement to buy an annuity and introduced new ways to access pension savings. As in the past, pension holders can still take 25 per cent of their pension pot as a lump

Money digest: today’s need-to-know financial news | 29 March 2016

If the thought of work after the long Easter weekend fills you with dread, look away now. A new study suggests that one in five people think they will be working after the age of 70. Willis Towers Watson, a global financial services firm, found that people under the age of 40 were more likely to think they would be staying in jobs until they were 70. Some of the 2,000 workers it questioned thought they would never be able to retire. Fiona Matthews from Willis Towers Watson said: ‘These figures put into sharp focus the worries that British workers have about their long-term savings and financial security in old age. This is

Jonathan Ray

The Perils of Taking Wine to a Party

Which is worse – to take an expensive wine to a party (“Oh, how sweet of you!”) only for the host to snaffle it away, or to take a lousy one (“Oh, um, thanks….”), and be publicly humiliated as it is placed next to the cooking sherry? Of course, in our parents’ day it was considered terribly naff, even insulting, to take a bottle, just as it was to take flowers or chocolates.  You simply presented yourself, had a nice time, wrote a fulsome letter of thanks the following morning and then sent flowers or chocolates. Nowadays, though, a bottle is de rigueur.  But what should you take?  The simple

The Easter Rising centenary shows Ireland more at peace with its past

Here in Dublin, Ireland is busy marking 100 years since the Easter Rising of 1916. It is being celebrated, but with far less chest-beating and bombast than met the 50th anniversary in 1966.  And this is a good thing entirely. The Rising lasted for six days.  Its leaders seized key buildings around Dublin and proclaimed an Irish Republic.  It started a series of events that led to an independent Irish state in the south, but also to the partition of Ireland and a bloody civil war which claimed between two and three thousand lives. Emblematic of this year’s commemoration was an event on Good Friday, at a Unitarian church on St

Spectator competition winners: Dr Seuss on Donald Trump

The latest challenge was to supply Dr Seuss’s take on the US presidential race. Given his taste for taking down bullies, tyrants and hypocrites, it seems unlikely that Theodor Geisel would have been a fan of the frontrunner for the Republican nomination, who, as might be expected, loomed large in your submissions. It was a tall order to ape Seuss’s imaginative, subversive genius but you produced a cracking entry. Commendations to Mae Scanlan, Frank Upton, Brian Allgar and Alan Millard. Those printed below take £25; Chris O’Carroll pockets £30. Chris O’Carroll McTrumpeter trumpets, ‘I’m born to be Prez! I say the things no other candidate sez! I’m richer than God!

10 reasons why the sugar tax is a terrible idea

It will hit Consumers: The tax is designed to be levied on soft drinks companies, based on the volume of sugar-sweetened drinks they import of export. But the independent economic forecaster, the Office of Budgetary Responsibility, states the costs of the levy will be ‘passed entirely onto the price paid by consumers’. That means it will be the public, not soft drinks companies that end up paying the costs of the new tax. It will actually cost the Treasury money: The levy is expected to raise a maximum of £520 million per year. However, because the levy pushes up inflation, the British Government will be hit with a £1 billion

Brendan O’Neill

How about we ‘defend European values’ by not arresting people who say stupid things?

After terrorist outrages like the one in Brussels, our leaders always say the same thing: ‘We must defend European values against these evil killers.’ It seems the Metropolitan Police didn’t get the memo. For they have just arrested someone — actually arrested someone — for tweeting something unpleasant about the Brussels attack, in the process trampling their coppers’ boots all over what is surely, or at least ought to be, the most important European value of all: freedom of speech. The arrested man is one Matthew Doyle. He went viral after tweeting about a run-in he had on the day of the Brussels attacks: ‘I confronted a Muslim woman yesterday

Why the housing market is particularly cruel to single women

I’m a 21st-century woman, fully educated and employed, and my ability to keep a roof over my head currently depends on either a) the wealth of my father or b) finding a boyfriend. Let me explain. I have an Oxbridge degree, I’m in a good job, I earn well over the national average income of £26,500 (according to the Office for National Statistics) – yet I cannot afford to rent even a one-bed flat in London, where I work. After four years of sharing with strangers in haphazard arrangements which inevitably turned sour, I moved into a small flat in the south of the city. But, to my shame, I’m

Camilla Swift

Can the ‘leave’ campaign convince British farmers that they’d be better off out?

As Nigel Farndale wrote in this magazine in February, leaving the EU would have a dramatic effect on British farmers and the agricultural industry. When it comes to British agriculture, the EU very much sets the rules – with regards to both regulations and funding – so a vote for Brexit would mean change, in a big way.   But what makes the EU debate even more interesting when it comes to farming is that the farming minister – George Eustice – has placed himself firmly in the ‘out’ camp. Eustice, after all, was once a Ukip candidate in the European Parliament Elections, and was Campaign Director for the No

Theo Hobson

The Church of England needs to create better headlines for itself

It’s Holy Week, so I wonder if our national Church is in the news at all? Let’s see…There’s a story this week about a long dead bishop called Bell, accused of child sex abuse, to the anger of some. Don’t confuse Bell with Ball, an undisputed episcopal abuser. And don’t confuse Bishop Peter Ball with Bishop Michael Ball, the disgraced Ball’s twin brother – there’s also a story about such confusion. There’s also a simmering story about a recent archbishop, George Carey, allegedly failing to pass on a specific allegation of sexual abuse relating to Peter Ball. So: Bell, two Balls and Carey – that’s pretty much the Anglican news this Easter. Paedophilia has taken over

The bank of grandma and grandad is ring-fencing its cash

Do you trust your grown-up children with money? Apparently a lot of us don’t. More than half of the grandparents who plan to leave an inheritance to their grandchildren ring-fence the money so their own children can’t get their hands on it, according to data from insurer Sun Life. But is it any wonder? British adults have become addicted to debt. The Office for Budget Responsibility has warned we’re on course to spend more than we earn for the rest of the decade. In total, our overspend is expected to be £58 billion this year alone and £68 billion in 2019. We’re plugging the gap between what we earn and

Money digest: today’s need-to-know financial news | 24 March 2016

It’s not easy to keep track of household bills. Now new research has revealed that more than a third of people do not know how much it costs to run their home. Householders vastly underestimate the true costs, which are on average £1,505 a month for homeowners and £1,819 a month for tenants. Those surveyed by property website Zoopla believed the monthly costs are just £812 and £1,227 respectively. Victims of online fraud should no longer be refunded by banks if they fail to protect themselves, according to Britain’s most senior police officer. The Times reports that Sir Bernard Hogan-Howe, commissioner of the Metropolitan police, said that the public were being ‘rewarded for

The Spectator Podcast: Brussels, Tory wars and Brexit feminists

This podcast is sponsored by Berry Bros, The Spectator’s house red. In this week’s episode of the Spectator Podcast, Isabel Hardman is joined by Douglas Murray and Haras Rafiq, managing director for the Quilliam Foundation, to discuss the Brussels attacks. ‘In the wake of a terrorist attack, everything barely worth saying will be said endlessly. And the only things that are worth saying won’t be said,’ said Douglas, writing for The Spectator after the attacks. So what can be said? And what can be done to stop Isis striking again? In his cover story this week, James Forsyth looks at the Conservative crack-up. No one does political violence quite like the Tories, and