All the latest analysis of the day's news and stories
I usually take a stern view of corporate pay packets that are out of line with profits and shareholder value, but I’m prepared to make an exception for Bob Dudley. The American-born chief executive of BP collected $19.6 million last year, up 20 per cent on his 2014 remuneration, while the embattled oil giant clocked up
David Cameron’s referendum campaign trail continued today, with the Prime Minister visiting Chester and giving a speech defending Britain’s membership of the European Union. And on the other side his Cabinet colleague Chris Grayling gave a speech warning about the dangers of continuing to stay in the bloc. Neither speech today was particularly angry with
Michael Crick’s Channel 4 report into Tory election spending has led to an investigation by the Electoral Commission into the hotel bills and advertising bills the Conservatives failed to declare as election expenditure. So it’s safe to say that Crick is unlikely to be the flavour of the month over at CCHQ. In fact Lord
One of the poorest lines in Dan Jarvis’s speech this morning was not the pre-briefed line about being ‘tough on inequality, tough on the causes of inequality’, which has already endured sufficient mockery. It was this seemingly innocuous proposal: ‘Let’s be honest – MPs who represent areas along the HS2 route or in the Heathrow
Over the past few weeks, talk of a potential coup against Jeremy Corbyn as Labour leader has grown, with most expecting some sort of move from some section of the party in the summer. The chance of that move not dying the same embarrassing death as most Labour coups is still pretty slim, no matter how
This week Jeremy Corbyn received flak from the Prime Minister during PMQs over the decision by Labour’s NEC to allow Gerry Downing — a member of the Trotskyist Socialist Fight — to re-join Labour. Cameron said he was ‘completely appalled’ by the decision — as revealed by Guido Fawkes — as Downing has previously described
In this week’s cover feature, Rod Liddle and Douglas Murray look at Britain and Europe’s approach to deportation. In Britain, we can’t get rid of jihadis, sex-gang ringleaders and drug lords – so we try to deport old ladies, says Rod. In Europe, it’s worse, says Douglas. Their attitude to migrants is suicidal. Thanks to
The thing about Jeremy Corbyn’s supporters is they’d be funny if they weren’t so pathetic. Or is it the other way round? I can never remember. Last night something called the #JC4PM Tour rolled in to Edinburgh. Featuring the likes of Jeremy Hardy, Mark Steel, Charlotte Church and sundry other artists who are not necessarily
What’s in next week’s budget? Not much, apparently. ‘Cabinet sources’ have been quoted saying that ‘George has been told not to rock the boat’ ahead of the Brexit referendum, and that’s why he backed away from a grab on pension relief for higher earners; likewise he may yield to pressure from his backbenchers not to
Maria Sharapova topped the list for the world’s highest earning female athlete for 11 consecutive years. Not that she has ever been the world’s best female athlete. She isn’t even the best in her own sport. You measure tennis players by their grand-slam singles titles: Sharapova has five, Serena Williams 21. But Sharapova pulled off
If you’re a customer of one of the ‘big six’ energy firms, then you’re probably paying too much for your gas and electricity. That’s the conclusion of an 18-month investigation by the competition authorities. In an eagerly awaited report by the Competition and Markets Authority (CMA), it has emerged that households and small businesses have
In the past few minutes, the government has lost its attempt to relax Sunday trading laws in the Commons 317 votes to 286. The rebellion has been brewing for months, with ministers playing a game of chicken with angry Tory backbenchers right up to the vote. A last-minute attempt by George Osborne to stave off
Later today, barring last minute developments, Labour and SNP MPs will temporarily unite with the Conservatives’ religious right to defeat the government’s plans to liberalise Sunday trading laws — echoing the defeat which Mrs Thatcher suffered on the same subject 30 years ago. The Left will chirrup, but why is it apparently in favour of
All MPs are familiar with Jeremy Corbyn. The nylon tie and the charity shop jacket give him an air of respectability, of erudition even, but the unloved haircut and the whiny accent mark him out as a toxic hazard. He’s the kind of champion grumbler who shows up at every constituency surgery with sheaves of
Some ministers are in full-on campaign mode in the EU referendum, even as the normal business of Westminster continues. David Cameron continues to make visits around the country to make his case for Britain remaining in the European Union, while pro-Brexit ministers seem to be constantly giving speeches, interviews and penning angry op-eds about the
Stop me if I haven’t got this right. But as I understand it, as a result of the deal that the EU struck with Turkey earlier this week to get it to keep more migrants who’d otherwise end up in Greece and then Germany, the EU will now be expediting the process whereby Turkey becomes an
Although the EU referendum is supposed to be an issue which transcends party politics, the memo is yet to be received by Richard Burgon. Labour’s blunder-prone shadow City minister managed to bother those on both sides of the House today thanks to his question on the EU. RB: If the British people vote to leave the European
What does a barrel of schadenfreude cost these days? That’s today’s starter for ten. The answer, according to the latest Scottish government figures, appears to be about £15bn. That’s the difference between spending in Scotland last year and the revenue raised from Scotland. A deficit of 9.7 percent or, for those keeping score, almost twice
For the past few weeks, Labour MPs have been ratcheting up their plotting against Jeremy Corbyn. As I explained here, they have detailed planning sessions for a potential coup in the summer, and have broken their parliamentary party down into groups so that they can develop strategies for persuading each group to accept that the
The Trump train will not be stopped. Last night, Donald Trump won in Michigan and Mississippi, again proving the breath of his extraordinary coalition. The Republican Party’s attempts to bring him down look increasingly pathetic. Last week, Mitt Romney and other grandees came out to denounce Trump. But the public just watched the videos of Mitt Romney
Today’s Sun claims on its front page that the Queen backs Brexit. The paper reports that the Queen clashed with Nick Clegg, who was then Deputy Prime Minister, over Europe at a lunch in 2011. During a heated discussion on the EU, Her Majesty is reported to have declared that the EU was ‘heading in the
The London Stock Exchange is no longer the red-hot crucible it once was, given the multifarious ways by which shares, bonds and derivatives now change hands. But the prospect of the LSE passing into the control of Deutsche Börse — in what was announced as a ‘merger of equals’, but with the Germans holding the
On International Women’s Day, Priti Patel managed to divide members of the fairer sex after she claimed that the suffragettes fought for the same cause as those who back Brexit. Speaking at the Women for Britain launch, Patel said it was the duty of Out-ers to protect the ‘democratic freedom’ the women had fought for: ‘As
Jeremy Corbyn’s delivery at PMQs today was far more passionate than usual. But his questions were still far too scattergun. Cameron batted them away with almost embarrassing ease. Corbyn’s ineptitude is draining PMQs of its sense of occasion. It is also particularly maddening as there are plenty of things to pick the government up on
As the country wakes up to a grey, drizzly morning, news from Moneyfacts paint a gloomy picture for savers. According to the financial analysts, low interest rates and changes to savings taxation are resulting in ‘perhaps the worst Isa season on record’. In the run-up to the end of the tax year, banks and building
Last week French minister Emmanuel Macron emerged at the forefront of the Brexit debate, warning that if Britain leaves the EU, it would seriously threaten Anglo-French relations. In particular, he was referring to the Touquet agreement, which allows Britain to carry out border controls – and therefore keep migrants away – on the French side of the Channel. ‘The
Just as the presidential race in America started to get really crazy, I left for India. On the morning of the South Carolina primary, I interviewed Donald Trump from a restaurant near the state capitol. By the next afternoon I was dodging mopeds in a traffic circle in Mumbai. I’d imagined the trip as a
To celebrate International Women’s Day, studies have been released with mixed news for women and finance. Women and Debt, a report by the Debt Advisory Centre, found that 1 in 10 women has at least £10,000 of debt. On average, women now have £4,235 of unsecured credit, with the highest levels of debt among those under 45.
This week Yvette Cooper was taken to task by Nick Ferrari on LBC over her refugee pledge. Although the former Labour MP had declared that she would be happy to house refugees in her own property, it turns out that she hasn’t actually done so: NF: Have you taken yours yet Yvette? YC: No that’s what
Today’s lobby lunch was the cause of much amusement among hacks. John Whittingdale used his speech to cast a light on Labour spinner Seumas Milne’s school days. The Culture Secretary recounted his time at Winchester College with Milne. He said that during this time, Milne co-authored a manifesto supporting Chinese communist dictator Chairman Mao. What’s more he even
When Lexie Hill appeared on Question Time last month, she left Cabinet minister Liz Truss speechless when she offered up her argument for leaving the EU. The Brexit youth dismissed the Environment Secretary’s claim that the Prime Minister’s EU negotiation deal will reduce the ‘pull factors’ attracting migrants — arguing that a rise in the
One of the striking things about the European Union referendum debate so far – apart from how cross everyone is with each other – is how blokey the whole thing has been. There are high-profile women on either side of the debate – Theresa May (who has been rather quiet since her announcement that she
I accept it may take an effort to imagine Charles Moore dressed in a recyclable hemp skirt and organic cotton kimono, his body adorned with the bangles, tattoos and piercings of a genderqueer National Union of Students diversity officer. But you should try. No, really, you should. Students are not the only ones who lock
The toughest causes to campaign for are those which are not fashionable. To fight racism in the 1950s or stand up for gay rights in the 1980s took guts – and the progress made today is largely down to those who took up the cause before it became a form of virtue signalling. International Women’s Day should be a chance to