All the latest analysis of the day's news and stories
At last the government has restarted the process of selling its stake in Royal Bank of Scotland. A first £2 billion sale in 2015 (of 5 per cent of the bank’s shares) took place at 330 pence per share, against a purchase price of 502 pence in the 2008 bailout. Those numbers looked so embarrassing
The Times reports this morning that Bournemouth business leaders are hugely annoyed with the BBC, whose weather app predicted thick cloud and thunderstorms for the recent bank holiday. In the event, it was sunny and warm, but the damage had already been done, and takings on the seafront were said to be down by nearly
In this week’s episode, we talk about Russia’s hidden fragility, and ask, is Putin surviving on luck? We’ll also be getting to the bottom of Trump’s tariffs – is there really no rhyme or reason to them? And last, with all that’s going on in the world, is kindness what we all need more of?
Eamon de Valera used to say that if he wanted to know the true feelings of the people of Ireland he needed only to look into his own heart. You could say the same about Paul Dacre, shortly to step down as editor of the Daily Mail. When it comes to the sentiments of Middle
When you think about Peter Stringfellow, aka ‘Stringy’, it’s hard to think about anything other than topless women. Stringy, who’s just died aged 77, made a fortune first out of music clubs – early bookings included the Beatles – and then out of women who’d mislaid their tops. Not the most salacious of pursuits, you
Other people’s worries are no different from yours. Just as you worry about how to pay the bills, and wonder where you will be in five years, so do extremists. You give them an unwarranted respect if you imagine them to be solely motivated by their ‘ideals’ such as they are. Think instead about the
Paul Dacre has just announced that he is to step down as editor of the Daily Mail in November, having edited the newspaper since 1992. Mr S has been passed a copy of his letter to staff announcing the news. Dacre says he now plans to take on ‘broader challenges within the company as chairman
The man who brought France’s Socialist Party to the brink of ruin has no sense of shame. In recent weeks, François Hollande has been plugging his memoirs all over the media and even hinting at a political comeback, much to the “exasperation” of his party, who wish the former president would go quietly into the
David Davis, the Brexit secretary of state and arguably the most important minister in this government other than the Prime Minister, faces a moment of truth tomorrow. He is completely clear that it would be a disastrous mistake for the Prime Minister and the UK government to offer Brussels a backstop proposal for keeping the
Odd sights at PMQs today. Theresa May wore a dark blue outfit covered in an outbreak of Pollock-esque dots, as if she’d just arrived from a paintballing contest. Jeremy Corbyn looked angry, knackered and distressed. His scarlet tie was all askew and his eyes appeared shadowed and hollow. Why so fatigued? Yesterday he was in
Boris Johnson’s critics happily queued up to take a pop at the Foreign Secretary when he said his position on Brexit was to ‘have our cake and eat it’. Yet it seems the Labour party is determined to take the same approach. Keir Starmer says Labour wants ‘full access to the internal market’ while retaining the
Listening to the Archbishop of Canterbury praise the EU as ‘the greatest dream realised for human beings’ for more than a thousand years, and as the gracious deliverer of ‘peace’ and ‘prosperity’ to the peoples of Europe, I felt like reminding him of one of the Ten Commandments: ‘Thou shalt have no other gods before
The government’s proposal for a UK-wide backstop will not contain an end date. This, as the Times’ Sam Coates points out, is bound to be controversial. For if the backstop contains no end date, it could end up running indefinitely. Indeed, with the UK in a customs union and having to follow EU rules on goods
They say that the devil is in the detail – and that is certainly the case with the government’s Brexit plans on defence and security. On 24 May, Gavin Williamson delivered a major speech on defence at the First Sea Lord’s Seapower Conference. It was a good speech, but then, under cover of the positive news
I am all for taking ethical stands, but if you are going to do so it does help to show a little bit of consistency. Today, Argentina cancelled its World Cup warm-up game against Israel in protest, it seems, at Israel’s occupation of the West Bank. According to striker Gonzalo Higuain, the players ‘have done the
Love it or hate it, you’re likely well aware that season four of Love Island launched on Monday night. The media frenzy is impossible to escape. Traditional and social media are a-buzz about the contestants, the couplings, and the budding drama that is bound to escalate in coming weeks. But the first episode had its
Everyone thinks they know the script of how Italy’s saga will play out. As the populists take power in Rome, they will rail against Brussels, try to fight austerity, come up with some bold plans for reforming the euro, and hold a referendum or two. And then they will meekly cave in as Angela Merkel
Spain has a new prime minister, but Spaniards are not happy about it. A WhatsApp message is circulating across the country at the moment, saying: “We Spaniards demand our right to vote. We demand the right to decide who is the president of Spain. ‘No’ means ‘no’ to Pedro Sánchez. If you’re in agreement, pass this
Whatever happened to the political squall that was Heathrow’s third runway? For several years it looked as if the issue could deeply harm the Conservatives. After all, hadn’t David Cameron ruled out a third runway – “no ifs, no buts” – in 2010. It was deeply embarrassing for him to do an about turn two
Poor old Jeremy Corbyn. You couldn’t blame the Labour leader for harbouring hopes that the upcoming Labour Live event would enable him to emulate the wild adulation he received on stage at last year’s Glastonbury. But whereas tens of thousands of festival goers chanted Corbyn’s name back then, it seems more likely that Jez will
Theresa May is arguably the most cautious and methodical politician of this generation or perhaps any generation. So it more than beggars belief that today she announced she would be rolling the dice in the biggest parliamentary gamble I can recall being taken by any PM of modern times, by announcing that next Tuesday she
If you’re thinking about investing your money in cash and want a tax-efficient way to do it, this week’s Best Buys, of two year, fixed-rate ISAs, might help you out. From data supplied by moneyfacts.co.uk.
Richard Madeley pulled the plug on his interview with Gavin Williamson, the Defence Secretary, last week because Mr Williamson kept avoiding his question. Madeley’s decision seems to have been popular. He did what he did ‘on behalf of the viewers’. There is a false assumption here, which runs deep in our culture and gives interviewers
Put June 12th in your diary, for that’s when the EU withdrawal bill will return to the House of Commons. Julian Smith, the chief whip, has written to Tory MPs telling them, ‘There will be a number of divisions that day’ as the government attempts to overturn the Lords’ amendments to the bill. Smith’s letter
It’s always good to remind Sadiq Khan that Brexit is more popular in London than he is. Khan loves to play the role of Mayor of Remainia, the political figurehead of this oh-so-clever capital city that can see through the folly of Brexit that those strange inhabitants of Essex, the North and Wales voted for.
It’s fair to say that there is no love lost between Philip Hammond and Gavin Williamson. The chancellor and defence secretary have been sniping at each other for months – and there were claims that the rivalry between the pair even escalated into a full-blown row in the Commons in December, with Theresa May forced
Jeremy Hunt is now Britain’s longest-serving health secretary. Having held the post since September 2012, he has been in office for almost six of the 70 years of the NHS that the Government will shortly mark with a major new funding settlement. The occasion seems appropriate for an evaluation of Hunt the politician, as distinct
Sajid Javid is losing no time establishing his personal authority as Home Secretary and making the case for change. I wrote in my Daily Telegraphcolumn two weeks ago that the test of his independence would be whether he’d pick a fight with Theresa May on Tier 2 visas: doctors, engineers and other skilled workers coming
A neat but delusional mythology appears to be gaining currency (see, for example, Lloyd Evans’s interview with Bernard-Henri Lévy) that the Brexit referendum can be understood as a conflict between metropolitan elitists voting Remain and the frustrated masses beyond the M25 longing to Leave. This analysis may chime satisfyingly with recent trends in some other
Sajid Javid – I’m ‘taking a fresh look’ at the UK’s immigration policies Andrew Marr was joined this morning by the Home Secretary, Sajid Javid, who took up his post in April after the resignation of Amber Rudd. Javid was keen to signal that change would be on its way under his stewardship of the
I must have missed the memo when it became compulsory for major football matches to operate as a marketing opportunity for the game’s marquee players, but that was what we got at Kiev after Liverpool were outmuscled and outplayed by a flinty-eyed Real Madrid. After Ronaldo announced that his time at Madrid was in the
The New York Times has taken a drubbing in the British press (not least here on Coffee House) for its downbeat assessment of Brexit Britain. However the full page opinion piece it ran last Thursday, by political researcher David Adler, will be music to the ears of many Brexiteers, both left and right. ‘Centrists are
Starbucks will close all its outlets for four working hours to train its staff out of ‘unconscious bias’, a decision which surely shows unconscious bias against all customers who might want a cup of coffee that day. The training was ordered after a member of staff called the police when two black customers came in
Those who worry that Channel 4 has become risk-averse might be fretting needlessly. The broadcaster has shortlisted Glasgow as a location for its new headquarters. Currently, C4 has only 30 staff based outside London and hopes shifting its HQ to the regions, along with two other ‘hubs’, will help it better reflect that narrow slice of the