Latest from Coffee House

Latest from Coffee House

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

Steerpike

George Osborne bullied in the playground

Is George Osborne’s newly announced Budget already losing him the youth vote? After the Chancellor of the Exchequer revealed plans to introduce a sugar tax on fizzy drinks and extend the school day, he received a lukewarm reception on a visit St Benedict’s Catholic Primary School in Garforth, Yorkshire. There to watch a netball lesson,

Isabel Hardman

Budget 2016: Osborne gets the front pages he wanted

Normally, a set of newspaper splashes featuring a Chancellor’s most controversial Budget policy would be judged a bad thing. But today’s newspaper front pages are, by and large, just what George Osborne wanted. The sugar tax is just too irresistible to headline writers – and too controversial a policy not to grab attention and provoke endless debate.

Budget 2016: the winners and the losers

Was it good for you? George Osborne’s 2016 Budget, delivered to a packed House of Commons on Wednesday, has drawn criticism over a looming £55 billion black hole in public finances. But what does it mean for your money? We published a guide to the main changes yesterday. Today Spectator Money looks at reaction to a Budget

Full text of Jeremy Corbyn’s Budget speech

[audioplayer src=”http://rss.acast.com/spectatorpolitics/georgeosbornesbudget-2016/media.mp3″ title=”Fraser Nelson, Isabel Hardman and James Forsyth discuss the Budget”] Listen [/audioplayer]Thank you Mr Deputy Speaker. The Budget the Chancellor has just delivered is actually a culmination of six years of failure. This is a recovery built on sand and a Budget built on failure. The Chancellor has failed on the budget deficit failed on

Fraser Nelson

Budget 2016, in eight graphs

Chart 1: Growth downgraded. Not by much, but Osborne sails so close to the wind that every negative revision tends to knock him off course. Chart 2: So Osborne’s new debt target is missed already. He said the debt/GDP ratio would fall every year: a target he took right to the limit in his Autumn Statement.

James Forsyth

Budget 2016: George Osborne played a difficult hand well

[audioplayer src=”http://rss.acast.com/spectatorpolitics/georgeosbornesbudget-2016/media.mp3″ title=”Fraser Nelson, Isabel Hardman and James Forsyth discuss today’s Budget”] Listen [/audioplayer]George Osborne played a difficult hand well in this Budget. Hemmed in by the worsening fiscal forecasts and the political limitations that the EU Referendum imposes on the government, he delivered a Budget that included some clever politics even if it won’t

Isabel Hardman

George Osborne’s cautious, strikingly moral Budget

[audioplayer src=”http://rss.acast.com/spectatorpolitics/georgeosbornesbudget-2016/media.mp3″ title=”Fraser Nelson, Isabel Hardman and James Forsyth discuss today’s Budget”] Listen [/audioplayer]There were two striking things about George Osborne’s Budget today. The first was that having made sure that the weekend papers carried reports of all the pain that he was going to have to inflict on the nation to help it weather

Fraser Nelson

Collapse in North Sea revenues destroys the SNP’s economic argument

[audioplayer src=”http://rss.acast.com/spectatorpolitics/georgeosbornesbudget-2016/media.mp3″ title=”Fraser Nelson, Isabel Hardman and James Forsyth discuss today’s Budget”] Listen [/audioplayer]Alex Salmond had planned 24 March 2016 as his independence day and the budget he published during the Scottish independence referendum envisaged it having up to £7.5 billion of oil to spend. Today’s Budget shows that the figure will, instead be zero: precisely 100 per

Isabel Hardman

Budget 2016: The biggest problem with Jeremy Corbyn’s response was that it was delivered by Jeremy Corbyn

[audioplayer src=”http://rss.acast.com/spectatorpolitics/georgeosbornesbudget-2016/media.mp3″ title=”Fraser Nelson, James Forsyth and Isabel Hardman discuss today’s budget”] Listen [/audioplayer]Jeremy Corbyn’s response to today’s Budget was fine on paper. It included a proper response to the policies that were announced, rather than the Labour leader merely ranting about what he had thought might be in the Budget when he wrote the

Budget 2016: what it means for your personal finances

So, what did the Chancellor have up his sleeve? And how does it affect you and your money? Here is Spectator Money’s guide to the major changes. Income tax George Osborne stayed true to a Conservative pre-election pledge to increase the threshold for the higher rate of income tax. While reiterating that the goal is

Steerpike

Watch: George Osborne promises to ‘abolish’ the Liberal Democrats

Of course no Budget announcement would be complete without some customary ‘banter’ from the Chancellor of the Exchequer. With George Osborne’s leadership chances seen to be dwindling, he did his best to show that he had got his ‘mojo’ back. Clearly free of any guilty feelings over how things turned out for the Liberal Democrats in the General

Isabel Hardman

PMQs: A session soon to be lost in the Budget smog

Normally when a Leader of the Opposition prepares for the Prime Minister’s Questions before a Budget, it comes second to the prep for the difficult Budget response and focuses on a slightly random topic. The difference between this session and a normal PMQs is usually rather marked. But when Jeremy Corbyn rose today to ask

Budget 2016 – the key announcements

[audioplayer src=”http://rss.acast.com/spectatorpolitics/georgeosbornesbudget-2016/media.mp3″ title=”Fraser Nelson, Isabel Hardman and James Forsyth discuss today’s Budget”] Listen [/audioplayer] Sugar tax on drinks with over 8pc sugar from 2018. A tax on the poor. Chunky growth downgrades. This year, GDP to grow at 2.0pc (down from 2.4pc) next years at  2.2pc (down from 2.5pc) and at 2.1pc (down from 2.4pc) in 2018/19. Debt target

What will be in the 2016 Budget?

Fresh austerity measures, changes to income tax and the scrapping of a radical overhaul to the pensions system have dominated the headlines ahead of the 2016 Budget. But what money measures does the Chancellor have in store today? Here’s what to expect. Income tax One of the Conservatives’ pre-election pledges was an increase in the threshold for the higher rate

Osborne’s new sugar tax is a tax on the poor

The fat man of Europe is getting fatter. His teeth are rotting from the sugar in his coke and chocolates. He feeds his children bread and pasta instead of quinoa and couscous. It is time to tax the fat man – he must learn to stop eating sugar. And today, George Osborne has acted. In his

Isabel Hardman

What to expect from today’s Budget

The art of delivering a good Budget – in a political sense at least – is to give everyone the impression that while you’ve had to do some really difficult things, you’ve miraculously managed to find some nice things to do too that will distract people for at least one round of newspaper front pages.

Ed West

High-rise housing is hellish. It’s time to bring back terraces

On the radio this morning the subject of high-rise housing was being discussed, the hook being the new film adaptation of JG Ballard’s High-Rise. Tower blocks are widely considered to be a disaster today; they took largely working-class populations out of often sub-standard (but potentially very nice) terraced houses into technically better housing that was