Society

An “enhanced offer” is how Treasury types are describing the revised pensions package that will be put before union bosses today — and so it is. As far as we can tell, concessions have been made in three areas: i) the changes to public sector pensions will be spread across seven years, rather than five; ii) the accrual rate, which determines how much of a workers’ salary is notionally set aside for their pension each year, will be made more generous; and iii) the “cost ceiling,” which sets a cap on long-term taxpayer contributions, will be raised for various schemes. There could be more on offer, too. But all that,

Just a few months ago, Newt Gingrich’s presidential campaign looked like it was in its death throes. His poll ratings were in free fall after his criticism of fellow Republican Paul Ryan’s plan to reform Medicare as “right-wing social engineering”, and his top staff had quit en masse. But somehow, Gingrich has managed to gradually rebuild his campaign and rehabilitate himself in the eyes of Republican voters. The chart below shows how Republican’s views of Gingrich have changed over the course of the campaign. You can clearly see his ratings sliding in May-June, but then recovering slowly since July. Although they’ve levelled off in the last couple of weeks, they’re

Blimey, who’s going to resign next? Chartres? Williams? The Queen? God maybe? What’s going on here? A high-profile branch of the C of E has been put in the media spotlight in a way that it cannot cope with. It is being cast as stooge of the System, bankers’ poodle. It wants desperately to communicate its sympathy with liberal opinion, with the concerns of the protesters. It feels that it is being cornered into looking like their antagonist, even like some sort of tyrannical regime, hiding in a big domed palace. No C of E cleric wants to be the focus of this. Giles Fraser sensed that the episode might

Following on from Daniel’s post this morning about a more inward looking America, Daniel Yergin has a very interesting essay in the Washington Post about how the changing balance of the US’s energy supplies are going to change its geo-strategic priorities. Yergin makes the point that by 2020, Canada could be a bigger oil producer than Iran and Brazil could be producing more than half of what Saudi Arabia is currently pumping out. Put these developments together with increased domestic energy production in the States itself and the fact that China is on its way to overtaking the US as the world’s largest oil consumer, and the geo-politics of energy