All the latest analysis of the day's news and stories
The prospect of becoming plain old Mr Green again may be troubling ‘Are-you-staring-at-me’ Sir Philip Green less than we might imagine. Because compared to the other problems facing him, his knighthood is arguably pretty small beer. Take the value of sterling: since the Brexit vote, the collapse in its fortunes has sent the currency tumbling in value by as much as 20 per cent. Then if
Today’s PMQs could have been a tricky affair for Theresa May. Her decision on Heathrow has seen one Tory MP resign his seat and the Guardian’s story about a private speech she gave to Goldman Sachs during the EU referendum campaign clashes with her conference speech rhetoric about being the scourge of unaccountable global elites.
Poor old David Cameron. His defeat in the referendum campaign left critics saying he was the worst Prime Minister ever. Now, it seems, it’s not only his legacy which falls short of some of his predecessors. Having quit Parliament, Dave was planning to use the next year to cash in on his memoirs. When his
The Guardian’s splash today looks like bad news for the PM. ‘Leaked recording shows Theresa May is ‘ignoring her own warnings’ on Brexit’, the paper says on its front page. The story centres around a recording of May giving a speech at Goldman Sachs in the run-up to the referendum. In the tape, which was
Lloyds Banking Group has set aside a further £1 billion to pay compensation for mis-sold payment protection insurance (PPI). The extra provision was expected after the deadline for PPI claims was extended to June 2019. The announcement came as the bank announced that pre-tax profits for the three months to the end of September fell 15
Heathrow’s third runway has won the backing of the Government but the long-running saga over the airport’s expansion rumbles on. Zac Goldsmith has quit in protest and Boris Johnson said the plans are ‘undeliverable’. So will the scheme ever see the light of day? Hopefully not, says The Times in its editorial, which suggests Boris’s
We had some fine limericks in response to our most recent Spectator Wine Club competition in which we asked readers to come up with a limerick that included one, any or all the names of our seven partner wine merchants. There are honourable mentions going to Dejeniera Pygott in Canada for managing to rhyme ‘party’
Just in case it had slipped your notice I thought I’d let you know that International Sherry Week is coming up on 7th-13th November. No, no, please hear me out! Long seen as the preserve of maiden aunts and retired vicars, sherry is on something of a roll and I, for one, blooming well love
The exit of Emma Rice from her position as artistic director of Shakespeare’s Globe is a happy day for Shakespeare and a happy day for the Globe. Rice – for those who haven’t followed her work – is one of those directors who thinks that Shakespeare doesn’t quite cut it and needs serious intervention to be
Zac Goldsmith has announced this evening that he’ll be standing as an independent in the Richmond Park by-election he has triggered over Heathrow expansion. The Tories don’t seem too alarmed and will not be fielding a candidate against him. This means that the by-election will turn into a fight between Goldsmith and the Liberal Democrats
Quite a few MPs are driven by a strange need for validation, but Zac Goldsmith might be the first politician in history to ask his constituents to vote for him three times in two years. Once as Mayor (the less said about that tawdry campaign the better) and, it seems, twice as MP for Richmond
The political fallout is now coming from Theresa May’s decision to approve a third runway at Heathrow. Boris Johnson and Justine Greening have been granted the right to oppose the decision by Number 10. West London Tories are making clear that they are unhappy and Zac Goldsmith has already told his local constituency party that
When the history comes to be written of Britain’s descent from a democracy to a krytocracy, the story of Heathrow’s third runway will mark an important point. Is there anyone who really believes that either today’s decision by the government to make Heathrow its preferred option, or the parliamentary vote in perhaps a year’s time, will
Just when you thought it was confined to political folklore, the EdStone returns again to haunt Labour. Mr S was interested to learn this morning that the Electoral Commission has fined the party £20,000 for failing to declare the money spent on the doomed eight-foot tombstone. Labour failed to declare £7,614 worth of receipts for the stone plinth,
My niece is four-years-old. It’s no exaggeration to say that her social life is better than mine – by some considerable distance. In the past few weeks alone she has attended two kiddie raves (don’t ask), explored the ginnels of Skipton Castle (that’s alleyways to non-Northerners), seen Disney on Ice (Frozen, naturally), made baked apples at CommuniTree in
Savers looking for the stability of a fixed-rate account over the long term are facing pitiful returns as rates have plummeted throughout 2016. At present, the best buy five year fixed-rate savings deal in the This is Money savings table pays a paltry 1.95 per cent. In January 2016, after a brief flutter of competition among
The massive operation by 1,200 French riot police and gendarmes to bus the migrants in the ‘Jungle’ at Calais to reception centres elsewhere in France and to raze the illegal camp to the ground has begun. Allelujah. You might think that the destruction of this crime-ridden and rat-infested shantytown, where up to 10,000 mainly African
Today, after years of delay, we’ll finally learn what the Government’s answer is to the airport question. Both supporters and opponents of it expect the Transport Secretary Chris Grayling to announce that the Government is backing a third runway at Heathrow. However, it is also likely that the Government will make encouraging noises about further
As was widely expected, the Government has backed plans to expand Heathrow. Transport Secretary Chris Grayling said the decision to approve a third runway is ‘truly momentous’. In a statement released moments ago, he said: ‘I am proud that after years of discussion and delay this government is taking decisive action to secure the UK’s place
Following Steven Woolfe’s decision to quit Ukip, the party’s prospects don’t look good. Woolfe – who was the frontrunner in Ukip’s leadership contest – said the party was in a ‘death spiral’. And on the basis of a tumultuous summer involving Diane James’s short-lived 18-day reign, a search for meaning after Brexit and that famous ‘altercation’
Social investment is starting to transform the way that parts of our economy work. Social investments include loans and shares into organisations whose principal purpose is social. They have grown by around 20 per cent a year for the last five years, according to Big Society Capital, the organisation that helps social enterprises and charities
My late father was a pottery maker, and very good at it. Question is, if a Northern Protestant had come to his studio to request that he produce a teaset decorated with the legend: ‘Taigs Out of Ulster!’ or ‘Kick the Pope!’ perhaps with decoration to match, would my daddy have been obliged to oblige
A pattern is emerging in the Government’s statements on Brexit to the House of Commons. The initial statement, today by Theresa May on the European Council, says little. But then, in answer to questions, some information slips out. Today’s most interesting nugget was May’s response that staying in the customs union is not a yes
Steven Woolfe has said Ukip is in a ‘death spiral’ and on the basis of the latest candidate to join the party’s leadership contest, it seems like he might be right. John Rees-Evans announced this morning that he was throwing his hat in the ring to replace Nigel Farage at the top of the party. Rees-Evans is
It has become customary in the great grammar school debate to declare where you went to school. I attended the boys’ grammar school in Canterbury, which was mentioned by Ysenda Maxtone Graham in her piece in this week’s magazine. Ysenda chose not to make such a declaration herself, so I will do it for her:
It may come as a surprise to some that, in itself, being homosexual has never been illegal in Britain. But, for hundreds of years, homosexual acts between consenting males were regarded as criminal offences. Thousands of men of all ages were prosecuted, sent to prison – or worse. One of these was Alan Turing, whose
So far, the debate over what happens to UK-EU trade after Brexit has been conducted around a rather odd premise: that the EU will be out to punish Britain by cutting us off unless we sign up for continued membership of the single market, with free movement of people and contributions to the EU budget.
Big banks are expected to take another £2 billion hit on payment protection insurance this week because of the longer time allowed for new claims, according to The Times. Lenders will make the provisions with quarterly results that will be scrutinised for the impact of Brexit on the economy, while the weakening pound and heightened
‘Downing Street says the PM is set to rebuff calls for a flexible Brexit, which would allow parts of the UK to have their own arrangement,’ said the BBC radio news this morning. Not quite. This notion has been rejected in Europe, where the idea of doing some kind of separate deal with Scotland or
I sometimes wonder if the EU has a death wish – that europhiles like myself, when admitted to the cause, are sworn into a secret society with the ultimate goal of destroying the European Project. For a decade or more, the EU has been veering from crisis to crisis – yet presented with an opportunity
Suzanne Evans, former deputy chairman of Ukip, has announced her intention to run for the leadership of the party. ‘I think I’m the right person to lead Ukip into the challenges ahead,’ she told Andrew Marr, adding, ‘first and foremost, I think I’m absolutely the right person to champion the cause of those 17.4 million people who
Since Nigel Farage’s latest resignation as Ukip leader, it has become clear that he is the only person who can hold the party together. Without him, Ukip has become a seemingly endless brawl between various hostile factions. Still, this leaderless mess has more supporters than the Liberal Democrats. That’s because Ukip, for all its flaws,
Will Mark Carney go or stay? On appointment in 2013, he indicated he would leave the Bank of England and return to Canada in 2018 (‘We’ll be back in five,’ his wife tweeted), but he has an option to stay a further three years. Theresa May’s criticism of QE in her conference speech was interpreted
We’ve come a long way since the BSE scandal of the 1990s and the ban on British beef. In fact, the British culinary landscape has changed beyond recognition since the foot and mouth outbreak of 2001, with its spectral images of millions of slaughtered livestock. These, along with other more minor contaminations of the food