Latest from Coffee House

Latest from Coffee House

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

Rory Sutherland

How more data can make you more wrong

In a one-day international against Australia last year, Ben Stokes was dismissed for ‘obstructing the field’, a rule rarely invoked in-cricket. The bowler had thrown the ball towards the wicket (and hence near Stokes’s head) in an attempt to run him out. Stokes raised his hand and deflected the ball. After some discussion between the

Bank branch closures are destroying our communities

We are fast approaching a time when massive tracts of this fine country of ours (greenfield, brownfield, urban, rural) will be bank-free zones. Villages and towns stripped of their last bank. Goodbye pub, goodbye convenience store and now goodbye bank. Yes, ultimately goodbye community. Last week’s disappointing report from the Competition and Markets Authority on

Holiday price hikes, car insurance and inheritance tax

The pound has been in the doldrums this week, and is trading near a one-month low today. Traders are betting on further monetary easing from the Bank of England. According to The Guardian, sterling has fallen nearly 3 per cent since the Bank unveiled a bigger-than-expected stimulus package last week and dropped to $1.2952 this morning,

Fraser Nelson

Sales of The Spectator: 2016 H1

The UK magazine industry publishes its circulation figures today, and there is good news for The Spectator: the highest sales ever in our long and illustrious 188-year history. Our web traffic has hit an all time high: we broke 4m monthly unique users during the referendum campaign, which is quite something for a ‘paywalled’ publication.

Isabel Hardman

Why does no-one think of the Lib Dems?

Talking to Labour MP these days is a pretty miserable business, to the extent that many journalists are starting to wonder if they should charge by the hour for counselling. Among their many moans is that there no longer seems to be a centre-left, pro-European force in British politics any more. But when I try

Charles Moore

The other Remainers who deserve the Légion d’Honneur

Congratulations to Lionel Barber, editor of the Financial Times, who accidentally revealed that he is to be awarded the French Légion d’Honneur for his ‘positive role in the European debate’. One’s only slight sadness is that Mr Barber has had to look abroad for such recognition. In his resignation list, David Cameron has showered honours

Is Putin and Erdogan’s bromance back on?

At a luncheon to mark a thawing of relations between Turkey and Russia this week, the diners were given a particular treat. I’m not talking about Beluga caviar, though it may have been on the menu, but rather the special crockery bearing the image of each country’s presidents set out at each placing. The idea

Housing market, insurance hikes, pension woes and debt problems

The UK housing market ran out of steam after the Brexit vote, but could take off again over the next 12 months, according to the Royal Institution of Chartered Surveyors. A Rics survey showed house price rises slowed significantly in the three months to the end of July. The surveyors said new buyer enquiries, home sales and new instructions

Steerpike

Theresa May attempts a Swiss getaway

On Wednesday, the Prime Minister set off for a two week holiday in Switzerland. A favourite destination of both Theresa May and her husband Philip, the pair are expected to enjoy the fresh mountain air and go walking. However, being Prime Minister ahead of an EU negotiation can make even the most neutral of destination a complicated choice. During the

Martin Vander Weyer

Want to cut top pay, Mrs May? Start with the bank you own

Theresa May sent a strong message to the corporate world when she criticised the ‘irrational, unhealthy and growing gap’ between the pay of top executives and average workers. Yet what should be a vigorous debate on this topic — about the balance between fairness and the right incentives for optimum performance — never quite takes

Tom Goodenough

Corbyn ally wins Labour’s Liverpool mayoral nomination

Labour has opted for Steve Rotheram to be their candidate in Liverpool’s mayoral election. It’s a big boost for Jeremy Corbyn, as Rotheram has been fiercely loyal to the Labour leader since Corbyn made him his PPS – essentially his right-hand man in Westminster – last September. He’s stuck by Corbyn along the way, and

Freddy Gray

Hillary Clinton is a more sinister personality than Donald Trump

Watch this clip of Donald Trump suggesting yesterday that gun-rights enthusiasts might kill Hillary Clinton, and tell me, seriously, that you think he is being serious. https://www.youtube.com/watch?v=czvVbdmP0bk Now watch Hillary Clinton in 2011 joking about the death of Gaddafi, and tell me — honestly — who is more sinister? ‘We came, we saw, he died!’

First-time buyers, Brexit, savers and motor insurance

First-time buyer lending was up 25 per cent in June compared to a year ago, the Council of Mortgage Lenders said this morning. According to the industry trade body, first-time buyers borrowed £5.5 billion, up 28 per cent on May. This equated to 34,300 loans. Overall, homeowners borrowed £12.3 billion for house purchases in June, up

Tom Goodenough

Lord Mandelson issues stark warning to Theresa May over Hinkley Point

Yesterday, it was the Chinese ambassador threatening Theresa May over Hinkley point. Today, it’s Lord Mandelson’s turn. The Labour grandee said that for the Prime Minister to ‘stretch out’ the Hinkley hold-up any further than the end of September ‘would be a mistake’. What was remarkable about Mandelson’s warning on Today just now was its

Was Britain banking on a Chris Christie presidency?

A fun game for football fans involves trying to recall players who were earmarked as future Premier League stars and fell hilariously short. There was a balletic Manchester City midfielder – I can’t remember his name – who was slated as a future England captain, only to be photographed by fans eating a takeaway a few years later,

Tom Goodenough

Germany turns against EU-Turkey deal

Is the tide in Germany turning against Turkey? It certainly seems to be. A poll today shows a majority of Germans favour ending the refugee deal agreed between the EU and Turkey back in March. The agreement has helped stem the flow of migrants flooding into Europe, making a repeat of the 1.1m people who arrived

Steerpike

Momentum take the struggle to… Britain’s poshest music festival

It’s tough being a Trot nowadays. As well as having Tom Watson peddle ‘baseless conspiracy theories‘ about your political motives, you have to take your message to the masses in order to win power. Perhaps that’s why Momentum top dog James Schneider spent the weekend sunning himself at an ancient royal hunting ground owned by

The gay community is in denial about Islamism

It is almost two months since Omar Mateen walked around the Pulse nightclub in Florida, gunning people down while shouting ‘Allahu Akbar’.  During the assault Mateen spoke to American law enforcement and swore allegiance to Isis.  Frustratingly Omar Mateen failed to call the group ‘so-called Islamic State’, thus betraying a woeful lack of linguistic sensitivity among his

Tom Goodenough

Andy Burnham named as Labour’s Manchester Mayoral candidate

Andy Burnham has won the race to be named as Labour’s candidate in the Manchester Mayoral race. The shadow home secretary’s victory was certainly convincing – he won 50 per cent of the vote amongst Labour members; interim mayor Tony Lloyd got 28 per cent, whilst former minister Ivan Lewis won 19 per cent. So what

Ross Clark

Labour’s £25 voting fee is essentially a poll tax

Imagine the reaction of Her Majesty’s Opposition if the government announced that it was to introduce a new ‘voter charge’ – a levy which citizens had to pay before they were allowed into the polling station. Just as they did with the ‘Community Charge’ over a quarter of a century ago Labour would undoubtedly –

Steerpike

Lloyds boss fails to practise what he preaches

Today the Sun have splashed on the revelation that Antonio Horta-Osorio, the married boss of Lloyds Bank, managed to combine business and pleasure on a recent trip a banking conference in Singapore. Horta-Osorio is alleged to have met his mistress Dr Wendy Piatt — a former special adviser to Tony Blair — at the five-star Mandarin Oriental hotel,

Banking overhaul, housing fears and consumer spending

It’s been two years in the making but the Competition and Markets Authority (CMA) has finally published its investigation into the retail banking sector. The watchdog announced this morning that Britain’s High Street banks must launch a technological ‘revolution’ in an effort to promote better competition. The CMA concluded that new phone-based apps should be brought in by