Latest from Coffee House

Latest from Coffee House

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

Ross Clark

Why Brexit is the new Black Wednesday

Day by day, the vote for Brexit on 23 June is coming more and more to resemble Black Wednesday, the day when sterling plummeted out of the Exchange Rate Mechanism (ERM). Then, as now, the event was initially treated by many as a national calamity – before it steadily became apparent just how a big

Toby Young

Podcast: Is it wrong to ban the burkini?

For about a year now, James Delingpole and I have been doing a regular podcast for Ricochet, the American website dedicated to conservative news and commentary. It’s called ‘London Calling’ and you can hear the latest one here. Among the many topics covered on this episode are the French burkini ban, Robert Tombs’s ‘The English and

Energy, pensions, property and savings

The gap between the best and worst performing energy firms is the widest ever, according to Citizens Advice. Small energy firm Extra Energy attracted 80 times more complaints than the best performing supplier SSE between April and June. Extra Energy received 1,791 complaints per 100,000 customers, which was worse than its record low of 1,682 complaints

Tom Goodenough

The latest junior doctor strikes are a sign of desperation

The junior doctors row bubbles on. This time, medics will walk out for five back-to-back days starting on September 12. Predictably, Jeremy Hunt has condemned the strike; and the BMA is blaming Jeremy Hunt. It’s a bitter and somewhat dull stalemate which will bore many for its endless intransigence. Yet beneath this, it’s clear this

Tom Goodenough

Theresa May’s great Brexit brainstorm starts today

Summer is over. Or at least as far as Theresa May is concerned it is, as the PM gathers her cabinet at Chequers today to talk business about Brexit. It’s the most important gathering of her time in office so far and a chance to spell out an action plan for Britain’s departure from the

New pensions help may not reach those who need it most

Pensions advice allowance. It’s not the sexiest of phrases but, if all goes to the Government’s plan, this new proposal could help millions of pensioners. So, what’s it all about? Well, it goes back to George Osborne’s final Budget earlier this year. At the time, he said that the existing tax exemption for employer arranged

House prices, consumer confidence, tax bills and holiday costs

August saw a ‘slight pick-up’ in house price growth despite the Brexit vote, according to the Nationwide building society, but the outlook is still ‘clouded’. The building society said prices rose by 0.6 per cent compared with July, making the average cost of a home £206,145. Prices in August were 5.6 per cent higher than a year

France’s Calais threats are a recipe for more human misery

French politicians have been busying themselves recently offering solutions to Calais’s crowded ‘jungle’ camp – and it’s good news that the Home Office has said their suggestions are all ‘non-starters’. Quite right, too. Nicolas Sarkozy’s plan to set up a system for displaced people living in France to apply for asylum in the UK might sound humane. In fact, it’s a

Ross Clark

Who’s at the ‘back of the queue’ now, Obama?

Wasn’t it one of the ‘Remain’ campaign’s big arguments that leaving the EU would deprive us of the ‘clout’ we enjoy in negotiating foreign trade agreements? I seem to remember someone even warning us that in the event of Brexit we would go ‘to the back of the queue’ for a trade agreement with the

Apple’s Irish tax bill is bad news for free-market liberals

So the European Commission has today released its much-delayed iTax. This time, it’s not an Apple innovation but a ruling ordering Ireland to claw back €13bn in back tax from Apple – a record penalty and one that the company and Ireland have both vowed to appeal. The Commission announced its decision in a typically terse ruling, in

Hugo Rifkind

Are Apple disrupting the tax system?

Reading this week about the European Commission’s verdict that Apple should pay €13 billion in back taxes to Ireland (even though Ireland doesn’t want it), I was reminded of Steve Jobs’s famous, if possibly apocryphal, excuse for being unkeen on charitable giving. According to a pair of his friends interviewed by the New York Times

Ed West

Imperial or metric? Why can’t we have both?

I was in the Netherlands over the weekend, which is always nice; it’s a bit like England, but just better. I’ve always wanted my country to be a bit more like our neighbours, especially Germany and Holland, and that includes standardisation with European norms when they clearly make more sense. Driving on the left, for

Debt, investment, car insurance and savings

After a glorious Bank Holiday weekend, there’s depressing news for young people this morning: more than a third of them have debts of almost £3,000 and experience significant concerns about money. A survey of 2,042 people aged 18 to 24, conducted for the Money Advice Trust by YouGov, found that they borrowed using credit cards, overdrafts

Steerpike

Why Brexit has the X Factor

Since the British people voted for Brexit in June, there has been a sense of disbelief among luvvies. While Charlotte Church has demanded her ‘f—ing European Union back’, Mr S’s colleague Lloyd Evans reports that the comedy at this year’s Edinburgh Fringe harboured a ‘pleb-hating mood’ when it came to the referendum result. So, Mr S was

Why negative interest rates are mad, bad – and dangerous

What should we think about negative interest rates? What kind of Alice in Wonderland world are we living in when companies and households are paid to borrow and charged if they save? Seemingly crazy, negative interest rates are spreading nonetheless. Implemented by central banks in Europe, Japan and elsewhere, they now apply in countries accounting

Steerpike

Paul Mason lifts the lid on Labour’s guardians of elite power

After the nation voted in favour of Brexit in the EU referendum, Jeremy Corbyn faced a coup from Labour MPs left unsatisfied with his efforts for Remain. Leading the charge, Hilary Benn sparked a round of mass frontbench resignations after he said there was ‘no confidence’ in Corbyn’s ability to win the next election. However, could it all

Rod Liddle

The Olympics proves it: we are not all equal

An almost worldwide survey on penis length — the sort of thing I always read with a sense of trepidation and inadequacy — suggested that the countries boasting the largest of these flawed and devious appendages are all located in Africa. Especially West Africa, from the DRC down to the humid and still pristine jungles

Spectator competition winners: authors’ appendages

In the latest competition you were invited to supply a poem about a body part of an author of your choosing. This challenge was inspired by the engaging title of a book by John Sutherland: Orwell’s Nose. In 2012 Sutherland permanently lost his sense of smell. Shortly thereafter, he set about rereading the works of George