Latest from Coffee House

Latest from Coffee House

All the latest analysis of the day's news and stories

It’s time industry got its act togther on financial jargon

‘I don’t get excited when I hear EITC. Do you?’ This is a line from the late, lamented West Wing. The acronym EITC refers to Earned Income Tax Credit, a refundable tax credit for low to moderate-income working people. One of the characters, Charlie, is trying to fight for it, only to be told by Annabeth that

Steerpike

Charlotte Church gives up on Corbyn

Oh dear. Since Jeremy Corbyn first announced he would run to be Labour leader, Charlotte Church has been one of his loudest cheerleaders. The self-proclaimed ‘prosecco socialist‘ has regularly praised the ‘inherently virtuous’ politician — even taking to the streets to protest at Tory conference. However, times are now a’changin. Over a year on from Corbyn’s election and with

The Royal family are boycotting Netflix’s new drama

As a hefty chunk of the viewing public is glued to to the Elizabeth R spectacular The Crown, one family is enjoying it not at all. The Windsors, from the young to the oldest, have been horrified by the prospect of seeing themselves or their nearest and dearest portrayed by actors at moments of stress and

How Angela Merkel divided Germany

Crisis? What crisis? Here in prosperous Munich, it’s hard to believe the EU has taken such a battering this year – but then again, the Bavarian capital has always been a place apart. It has the strongest economy and the lowest unemployment of any German city. It is the headquarters of world beating companies such

Dear Mary: What does being a Labour MP now mean?

From Rt Hon Gisela Stuart MP Q. I keep getting into arguments with people about what being a Labour MP is all about. I used to think that being in government was better than being in opposition. They now tell me I’m wrong and that the years since 2010 have been better and purer than

Regrets on Russia, Syria, or Iran? Obama Has None

The Electoral College will cast their votes for president of the United States tomorrow without any last-minute intel on alleged Russian cyber-meddling, according to a statement from the Office of the Director of National Intelligence. A group of electors had called for a briefing before the December 19 vote, though it’s unclear what they’d hoped

Gavin Mortimer

Marine Le Pen promises to drive the Machos from the Mosques

The National Front were out in force at my local Parisian market on Saturday. A coterie of volunteers handing out leaflets with suitably festive bonhomie. I took one from a smiling middle-aged woman. It was titled ‘Au Nom Du Peuple’ and there was a photograph of the party’s leader, Marine Le Pen, looking pensive. She’s

My run-in with Ivanka Trump

I’ve never met Donald Trump, but I have come across his daughter Ivanka and son-in-law Jared. I met them this summer at a media conference in Aspen organised by the great US network anchor and renaissance man Charlie Rose. It’s fair to say the event was not stuffed with Trump supporters, and there were a

Italy’s own banking crisis may be about to begin

Theresa May was not the only elephant in the room at Thursday’s European Union summit in Brussels, and EU leaders studiously ignored the other one as well. Paolo Gentiloni, Italy’s new Prime Minister – its fourth unelected one in a row since 2011 – must somehow save Monte Paschi di Siena, the world’s oldest bank,

In praise of a precious poet

Never having experienced anything that I would attribute to a supernatural cause, I am obliged to confess that my prayers have always gone unanswered. But I only have to read George Herbert — rector of a small church near where I grew up, and therefore a poet who has always been particularly precious to me

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BBC replace Nicky Morgan with £1,000 handbag

Although the trouser-gate row between Theresa May and Nicky Morgan looked as though it was beginning to die down, the feud has been given fresh life thanks to brains at the BBC. After the Prime Minister banned Morgan from Downing Streeet for criticising her £1,000 trousers, the former education secretary dropped out of a planned

Isabel Hardman

Number 10 shows an odd lack of control at EU summit

Theresa May looking embarrassed and awkward as European leaders appear to make a point of ignoring her at last night’s EU summit is such a good symbol of Britain’s place in the world that Number 10 is going to struggle to shake it. The footage, of course, was rather selective, with other clips showing the

Damian Thompson

Murdered Christians are 2016’s least fashionable minority

The murderers and persecutors of Christians have had a good year. With one exception – the killing of Fr Jacques Hamel in July as he celebrated Mass in a church in Normandy – the world has continued to look away as Islamists and other fanatics have slaughtered followers of Jesus Christ. I don’t mean that we consciously look

Trump Grill could be the best representation of America

I have a confession to make. I go to Trump Tower in New York a lot. It’s an easy jaunt for a New York-based hack: where better to chat with Trump supporters than in its golden lobby or with opponents outside its golden doors? Maybe you’ll spot a celebrity like Kanye West or, if you are

Fraud, housing, interest rates and VAT

The payments regulator has let banks off the hook meaning that customers will be left vulnerable to fraudsters, according to Which?. The consumer group made a super complaint to the Payments Systems Regulator (PSR) regarding the increase in fraud over the phone, internet and on mobiles, the BBC reports. In response, the PSR has said

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Is Labour to blame for Chris Grayling’s cyclist clash?

As commuters turn on Chris Grayling over the ongoing Southern rail chaos, the Transport Secretary has now managed to clash with cyclists too. The Guardian has published video footage that appears to show Grayling knocking over a cyclist — as they approached a cycling lane — by opening the door of the car he is

Ed West

Why Putin keeps winning the ideological war

I have no idea whether Russia successfully interfered in the US election; I imagine it’s one of those situations where everyone is lying but the Russians are lying twice as much. But there are a couple of questions that no one seems to be asking, which makes me curious. Firstly, how could America have got

How eToro users survived brexit and made a profit of 2.4%

It’s been a few months since the Brexit vote, in which the citizens of the UK elected to part-ways with the European Union, yet its effects on the global economy are still very much apparent. Following the vote, the British Pound crashed 9% and literally trillions of dollars were wiped off the global stock market.

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Theresa May left in the cold at EU summit

Theresa May is already not invited to the European Council summit dinner, and now it seems she’s not that welcome at the day activities either. Yes, the Prime Minister appears to have been given the cold shoulder this morning at the event — which sees the 28 leaders gather in Brussels to talk migrants, Turkey, Russia

Tax, exchange rates, mortgages and pensions

Tax officials are attempting to recoup millions of pounds in tax relief granted to celebrities, according to the BBC. The monies relate to a scheme designed to kick start economic growth in deprived areas including the building of two data centres on Tyneside that remain unused some years on. The BBC says that ‘Wayne Rooney,