All the latest analysis of the day's news and stories
While today’s political climate might not be great for the country, the watering holes of Westminster are certainly doing okay out of the tumult. Mr S hears that Liam Fox was in a celebratory mood on Wednesday night after being appointed Secretary of State for International Trade. Steerpike is informed that the MP stayed close to
This article was published in The Spectator on 2 February 2002 by Boris Johnson, the new Foreign Secretary and former editor of the magazine. You would need a heart of stone not to have been moved by the little Aids-ridden choristers. We sat under a mango tree, before a dancing-space of packed red earth, and what
Amber Rudd didn’t pull her punches during the referendum campaign when she aimed her fire at Boris Johnson. During a heated ITV debate, she said this about Boris: ‘Boris? Well, he’s the life and soul of the party but he’s not the man you want driving you home at the end of the evening. This
In his interview on the Today programme this morning, Philip Hammond said nothing memorable – which Mr S finds a relief. It’s about time that this job went back to being that of a finance minister, not a poseur itching to move to No10. The Today programme is listened to by six million people; by
Angela Eagle’s leadership launch has so far been characterised by one thing: her terrible timing. When she announced her bid to run against Jeremy Corbyn on Monday, journalists abandoned her speech after Andrea Leadsom dropped out of the Tory race at the same moment – leaving Eagle desperately trying to find anyone left in the
Theresa May has now finished the task of appointing her Cabinet. Here’s the list in full of who is in, who is out and who stayed put: Theresa May: Prime Minister (was Home Secretary) Philip Hammond: Chancellor (was Foreign Secretary) Boris Johnson: Foreign Secretary (was Minister without Portfolio) Amber Rudd: Home Secretary (was Energy Secretary) Michael
What will be David Cameron’s legacy? The former Prime Minister is keen to be remembered for his social justice reform, but it’s more likely he’ll be remembered for taking Britain out of the EU. However, it’s some of his financial decisions that continue to trouble Mr S. Take, for example, the £200,000 of taxpayers’ money
George Osborne has gone, Phillip Hammond is in No 11, David Davis and Liam Fox are back in the Cabinet – and Boris Johnson is the new Foreign Secretary. Theresa May’s reshuffle has made headlines around the world – and Boris’ appointment in particular has been a big talking point. In this week’s Spectator podcast,
So, the Bank of England didn’t do it: against market expectations that there would be a cut, the base rate has been kept at 0.5 per cent, where it’s been since March 2009. The pound shot up by 1.5¢ against the dollar on the news. #BankRate maintained at 0.5% and Asset Purchase Programme at £375bn.
The national obsession with the Bank of England base rate is beginning to make my blood boil. If low interest rates were the saviour of the Great British economy they’re heralded to be, why are house prices sky high? Why are young renters finding it more difficult than ever to buy one? Why are savers
The Bank of England could make the first cut to UK interest rates in more than seven years at lunchtime today. The governor Mark Carney has previously indicated that the Monetary Policy Committee would vote to cut rates in July or August. The probable reduction from 0.5 per cent to 0.25 per cent is intended to boost
‘Brexit means Brexit’ has been Theresa May’s message since she started running for the Tory leadership. But Brexit could mean a whole variety of things. For example, a Norwegian-style deal with the EU would, technically, be ‘Brexit’. But now, Theresa May has shown real intent. She has demonstrated that she really is serious about this.
I have just been to Buckingham Palace, where Her Majesty the Queen has asked me to form a new government, and I accepted. In David Cameron, I follow in the footsteps of a great, modern Prime Minister. Under David’s leadership, the Government stabilised the economy, reduced the budget deficit, and helped more people into work than
It was a rather cruel pathetic fallacy that the Prime Minister who had to resign early after creating a political storm by accidentally taking Britain out of the European Union gave his final speech from Downing Street under rumbling, rolling storm clouds. At one point, the wind whooshed back David Cameron’s hair and rain began
When I first stood here in Downing Street on that evening in May 2010, I said we would confront our problems as a country and lead people through difficult decisions, so that together we could reach better times. It has not been an easy journey, and of course we have not got every decision right,
David Cameron’s valedictory address from Downing Street was not only a defence of his government record but a summing up of Tory modernisation. He emphasised not only that the economy was stronger, but also highlighted the tax cuts his government had enacted. So far, so traditionally Tory. But then he hailed the introduction of the
Nice send off for Cameron at PMQs. Both leaders acquitted themselves well. Cameron was wry, witty and self-deprecating. He claimed to have ‘addressed’ a total of 5500 questions during his premiership. ‘How many I’ve answered I’ll leave to others.’ Corbs got it spot on too and showed us a relaxed, funny, generous side. He asked
As Tory MPs gathered at St Stephen’s entrance in Parliament to await their new leader on Monday afternoon, a choir in Westminster Hall began to sing. The hosannas spoke to the sense of relief among Tory MPs: they had been spared a long and divisive nine-week leadership contest. A period of political blood-letting brutal even
Theresa May takes over as Prime Minister this afternoon much sooner than she expected at the start of the week. First on her agenda is to appoint her Cabinet, which we are expecting to happen later today, but then the new Tory leader will have a great number of gaps to fill in when it
Midway through his final cabinet meeting, David Cameron realised — with some horror — that it had turned into a political wake. Theresa May had just lavished praise upon him, and his eyes had moistened. Then it was George Osborne’s turn: the Chancellor was a bit more humorous, but no less affectionate: ‘Being English, David,
David Cameron’s final PMQs brought out the best of the House of Commons. There was a good balance of wit, wisdom, jokes and also accountability as the PM and Corbyn traded off for the final time over the despatch box. The SNP did their best to spoil the party by bringing Cameron crashing back to
David Cameron’s last PMQs was as entertaining as you’d expect. ‘The diary for the rest of my day is remarkably light,’ he said in answer to the traditional first question about his day. The Blair-worshiper in him will remember Tony Blair’s last PMQs, when he spoke about his P45 and started finished with: ‘that is that:
Critics say the Bank of England put itself under suspicion by entering the referendum fray. Now Mark Carney says its warnings are being borne out by the post-referendum economic reaction. He misses the point. By having made those warnings himself, even if he sincerely believed them, he became like a politician trying to win, rather
Today’s PMQs have proved to be a lively affair as David Cameron and Jeremy Corbyn traded jibes at the despatch box for the last time. While the Labour leader found time to praise the Prime Minister’s time in power, Cameron was less obliging when it came to Corbyn. As well as ridiculing Labour for its ongoing row
As Britain’s second female Prime Minister, Theresa May has inevitably been compared to Margaret Thatcher. But she’s also been linked to a contemporaneous politician: Angela Merkel. Whilst some have dismissed the comparisons, it’s not only British journalists drawing on the similarities between Theresa May and the ‘Iron Frau’ – German newspapers are now doing the
As Theresa May prepares to move into No.10 today, Britain’s next Prime Minister has a united party behind her. Since Andrea Leadsom dropped out on Monday, Conservative MPs have done their best to put any differences behind them and rally behind their new leader. However with a Cabinet reshuffle looming, that could all change very quickly
Labour MPs are becoming increasingly agitated about the amount of abuse and intimidation they are receiving, to the extent that the party’s chief whip has complained to Jeremy Corbyn and written to the head of Corbynite group Momentum to seek assurances that it is cracking down on bad behaviour in its ranks. Rosie Winterton has
So farewell, then, David Cameron. I suspect we’ll miss him when’s gone, but then he probably entered Downing Street 20 years too early, a product of a culture that fawns over youth and undervalues wisdom. At least Theresa May is a good decade older than him, although Kenneth Clarke, at 76, should have been considered
The award for most pathetic remark of the week goes to Tim Farron who earlier released a press statement saying this: ‘Just 13 months after the last election the Conservatives have plunged the UK into chaos. It is simply inconceivable that Theresa May should be crowned Prime Minister without even having won an election in
After Tuesday’s vote of Labour’s National Executive Committee, Jeremy Corbyn is automatically on the ballot in any leadership contest. So, with the prospect of a Corbyn-led Labour for the rest of eternity (or until he retires) now looking likely, it’s little wonder his team were in the mood to celebrate last night. In fact there was only one
Owen Smith has officially thrown his hat into the ring for the Labour leadership contest. But the question on many people’s lips is: who is he? A recent poll of Welsh Labour voters showed that 69 per cent had no idea who Smith was. So whilst Angela Eagle’s leadership bid launch might have been overshadowed
On the day Theresa May takes control at No.10 in a comparatively seemly transition, the Labour party is in the midst of the biggest crisis in its history. Jeremy Corbyn will be on the ballot paper in what looks set to be a messy and fractious leadership contest. He also looks likely to win: in
When Sadiq Khan was doing the rounds in his mayoral campaign he would, every so often, include some reference to his two daughters. He didn’t make a big deal of it; this wasn’t creepy or boastful in a Donald Trump way but the message was clear: he was an ordinary bloke and having a couple
