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It’s the morning after an 18-month campaign – and the markets have started to digest Donald Trump’s surprise election as US President. In early trading, the FTSE 100 index jumped by 49 points, or 0.7 per cent, to 6960. The Dow Jones industrial average is on track to hit a new record high when the
Hillary Clinton may have been a woeful candidate, but she just delivered a classy defeat speech. She did what everybody thought Donald Trump wouldn’t do — accept defeat graciously. ‘Donald Trump is going to be our president,’ she said. ‘We owe him an open mind and the chance to lead.’ ‘Our responsibility as citizens is
If you want to know why Trump won, just look at the response to his winning. The lofty contempt for ‘low information’ Americans. The barely concealed disgust for the rednecks and cretins of ‘flyover’ America who are apparently racist and misogynistic and homophobic. The haughty sneering at the vulgar, moneyed American political system and how
This piece is from the new issue of The Spectator, out tomorrow. This week's cover: Planet Trump, with @Freddygray31, Rod Liddle, @MatthewParris3, @DouglasKMurray, @anneapplebaum and many more pic.twitter.com/jXXxHkjuOA — The Spectator (@spectator) November 9, 2016 The election of Donald Trump as president of the United States may have signalled the death of the closest thing
For 18 months, Donald Trump was amazingly useful to British politicians. Whatever their party, he provided them with the most magnificent means with which to polish their liberal credentials. In January, when the British Parliament spent three hours debating a public petition to ban Trump from entering the country, we learned from Labour’s Rupa Huq
Labour’s election then re-election of Jeremy Corbyn was the equivalent of a suicidal man who, when the noose snaps and gives him a second chance, decides to throw himself off a cliff instead. The Liberal Democrats are too small to get a hearing. The Scottish nationalists will speak only for Scotland. The only arguments that
Washington D.C. So, Trump was right, and everyone else was wrong. Most of all the pollsters – my advice to them: McDonalds and Starbucks are hiring, $9.00 an hour; that might be your best option for a while. A period of humility might be required from a few pundits and journalists, too. No one, it
Well, it’s just like Brexit, isn’t it? The appalled tone of the BBC six o’clock news, my daughter’s refusal – she’s nine – even to get out of bed, my nice colleagues declaring that they cried, simply cried, at the result. It was everyone’s opening gambit: Can you believe it? Yes, personally, I could. After
If the ongoing Brexit saga (and, er, Trump’s win today) is enough to make you turn to drink, well, maybe you should. Investors in fine wine have been the surprise winners of the Brexit fall out, with vintage wine the top investment class of 2016 so far. The London International Vintners Exchange (known as Liv-ex)
While Theresa May has offered Donald Trump her congratulations this morning, the leader of the opposition has no kind words for the newly elected President of the United States. Jeremy Corbyn has issued a lengthy statement on the result — describing Trump’s answers to the ‘big questions facing America’ as wrong and offering his solidarity to ‘a nation
The Prime Minister has issued a statement congratulating Donald Trump on his election as the next President of the United States. In this, Theresa May says she looks forward to working with Trump to ‘ensure the security and prosperity of our nations in the years ahead’. ‘Britain and the United States have an enduring and
There’s really only one story this morning – and the markets agree. After Donald Trump beat Hillary Clinton to become the next President of the US, global markets are in chaos, the dollar has plummeted and, as widely predicted in the event of a Trump win, gold prices have soared. UK stocks mirrored their US counterparts
I feel a strange sense of schadenfreude mixed with a heavy dose of terror and uncertainty now that the American people have elected someone with no experience whatsoever who tweets things like this: Every time I speak of the haters and losers I do so with great love and affection. They cannot help the fact
Donald Trump has been elected president of the United States. Hillary Clinton conceded defeat, telling supporters that Trump must be given a ‘chance to lead’ Barack Obama urged Americans to remember that ‘ultimately we are all on the same team’ Theresa May congratulated Donald Trump and said she looked forward to working with him. Russian President Vladimir
In my line of work, I’m lucky enough to go to a lot of wine tastings – press tastings that is – sometimes as many as three or four a day at the height of wine tasting season. They are what a wine-writing colleague of mine likes to call drinks parties. He lurches about from
In recent rallies for Hillary Clinton, Jay-Z, Beyonce and Lady Gaga have all lent their celebrity clout to the embattled Secretary of State. As a candidate somewhat lacking in the charisma of her predecessor Barack Obama, she needs all the help she can get. She hasn’t just courted female and minority voters; she has focused
It’s always puzzled me why there’s still such a taboo around gambling in the UK. If you count people who play the national lottery, more than 50 per cent of us have had a flutter over the past four weeks. And if you like to think of playing the lottery as making a charity donation
Spare a thought for Donald Trump. For weeks now, the Republican candidate has been suggesting the US voting system is rigged. Now it seems his trust issues have spread to those closest to him. In a photo from Trump’s visit to the polling station today, the presidential hopeful appears to be taking a peek at
Today’s reports about the confident noises coming from Hillary Clinton’s camp made me think about the reports I picked up about how confident David Cameron was about the EU referendum on voting day. We later found out, his pollster Andrew Cooper had research from his firm, Populus, predicting a ten-point victory. The MPs I spoke
If there were any doubt that there are too many lawyers in Parliament it has been removed by the meeting, on Monday evening, between backbench Conservative MPs and the justice secretary Liz Truss. The subject was Truss’s alleged failure to defend the judiciary from criticism of last week’s High Court judgement on the enactment of
Washington, DC Unless something crazy is happening — and of course, 2016 is the year of crazy — Hillary Clinton is going to win tonight. ‘Hillary’s got this,’ I heard a former White House staffer say this morning, with breezy confidence. ‘We had a fright last week, but it’s better now.’ That is the shared
Although Jeremy Corbyn’s brother Piers is rooting for Donald Trump tonight, it’s widely thought that — out of the two — the Labour leader is Team Hillary. Alas in the event of a Hillary Clinton presidency, the future for UK Labour and the US doesn’t look so bright. Wikileaks have leaked a transcript of a speech
Although George Osborne is now a backbencher, the former Chancellor still harbours leadership ambitions. On that note, it’s not gone unnoticed that since his sacking, Osborne has been doing his bit to keep close ties with America — joining Tina Brown for a Manhattan soiree to show that — despite the Leave vote — there
Who’s more hysterical: the Daily Mail for branding three judges ‘enemies of the people’ or the Dailymailphobes who have spent the past three days promiscuously breaking Godwin’s Law and accusing the Mail of being a paper-and-ink reincarnation of Hitler, an aspiring destroyer of judicial independence, and a menace to British civilisation that ought to be
When the history of capitalism is written, November 8 2016 will deserve a footnote. No, not the date the 45th president of the United States was elected, but the day Mondelez, the giant US confectionery company, changed the shape of the Toblerone bar. This may sound hyperbolic. But the altering of Toblerone’s distinctive silhouette is
With the US presidential result now less than 24 hours away, tensions are high both across the pond and in the UK. So, perhaps that’s why Jeremy Corbyn’s brother Piers has stepped his campaign against Hillary Clinton up a notch this morning. Although Piers has previously insisted he is not endorsing Donald Trump despite his condemnation of
Americans will finally head to the polls today after one of the most fractious Presidential contests in the country’s history. Donald Trump and Hillary Clinton have been criss-crossing the US overnight in a final dash for votes. But how has their last-ditch campaigning gone down with the American press? Here’s what the US newspapers are saying
M&S is to close more than 80 stores as part of a major business overhaul, The Guardian reports. ‘We have now completed a forensic review of our estate both in the UK and in our international markets,’ said M&S chief executive, Steve Rowe. The move means that the high street chain will retreat from owning stores in 10
The most divisive American election in living memory is almost over. By the end of the day an estimated 130 million people will have cast their ballots and we will be well on the way to knowing which candidate has done enough to win the necessary 270 electoral college votes. Here are the key things
We’ve heard a lot about what a Trump victory tomorrow night means for Mexico, little of which seems good. He’s accused Mexicans of bringing ‘drugs, crime and rapists’ to the US, and the less said about his famous wall, the better. Yet for all the fighting talk aimed at Mexico, it’s not so clear what
Dear Democrat voters, You are probably the most influential and powerful segment of the human race today. In terms of cultural reach, you are supreme; politically you are masters of the universe; you have the ability to shape our world for good or evil, and for most of the past century you and your forebears
Since 1996, federal law has prevented non-citizen US residents, like myself, from voting in elections. We pay taxes, hold down jobs and own property, but don’t get a say in the leadership of the nation. This isn’t uncommon: in the UK, only Irish and Commonwealth citizens get to vote in the general election, on top
You’d never think the country’s short of foster parents, would you, though we’re 9,000-odd short at the last count. I wouldn’t qualify myself, even if I were solvent. Because if you open your trap in the presence of a social worker to say that a child is best off with a father and a mother,
David Davis tried to reassure Tory MPs that last week’s court ruling — and the forthcoming supreme court appeal — would not delay the government invoking Article 50, in a Commons statement this afternoon. The Brexit secretary re-stated Theresa May’s words that the government values the independence of the judiciary and the freedom of the