What should we think about negative interest rates? What kind of Alice in Wonderland world are we living in when companies and households are paid to borrow and charged if they save? Seemingly crazy, negative interest rates are spreading nonetheless. Implemented by central banks in Europe, Japan and elsewhere, they now apply in countries accounting
Jeremy Corbyn may not be right about many things, but when he sat on the floor of a train, hoping to raise awareness about overcrowding, he was at least on to something. Of course, in classic Corbyn style, he proved to have ignored reality to make his point: there were plenty of seats on that
Ring a ding-ding — here comes the he-bling. Tony Blair started it. The war, that is. On good taste. This summer he was photographed on holiday relaxing in shark-print trunks and gangsta sunglasses under a blue Mediterranean sky. The former prime minister was on a yacht off the coast of Sicily but — uh oh!
Life is starting to look a lot like the 1980s: Russia is flexing its muscles, the Labour party is tearing itself apart, and there’s a woman in No. 10. Political thinkers are falling over themselves to over-analyse the geopolitical precipice upon which the world seems to be balanced. But life doesn’t have to be serious
The long civil war in Syria is still far from conclusion. Any real possibility of rebel victory ended with the entry of Russian forces last autumn — but while the initiative is now with the Assad regime, the government’s forces are also far from a decisive breakthrough. So who, if anyone, should the UK be
There is no party in Britain quite as fake as the Scottish National Party. The SNP, now entrenched in its dominance of Scottish politics, imagines itself a revolutionary force for change. Its mission to break up Britain bolsters that impression. But if the SNP campaigns with zeal, it governs with caution. These are the most
Never forget Atlanta. Every time a British athlete wins a gold medal at the Olympic Games in Rio, remember the Atlanta Games of 1996. I was there, and I saw some great sport — and absolutely none of it was British. Great Britain finished 36th in the medal table, behind Kazakhstan, Algeria, Belgium and Ireland.
Ravenna At a car park a short walk from Dante’s tomb, one of the gang of illegal immigrants who tell motorists where to park and hound them for cash agreed to talk to me for €20. His name was Billy, he said, and he was 22. He was from Senegal and a Muslim. He had
‘We have fallen upon evil times, politics is corrupt and the social fabric is fraying.’ Who said that? Donald Trump or Bernie Sanders? Nigel Farage or Marine Le Pen? It’s difficult to keep track. They sound so alike, the populists of the left and the right. Everything is awful, so bring on the scapegoats and
‘Farm cottage available, Dorset. Long or short let. £5 per week.’ I was looking for a writing bolthole, so I rang. ‘Bit off the beaten track but it’s quiet all right,’ said the owner. It was also unfurnished. ‘We can get some basics together for you.’ So, in the summer of 1968, I drove down
In or out? Almost two months on and I’m afraid the great debate shows no sign of abating, certainly not in our divided household. And while we’ve had several referendums over the matter, the result is always a stalemate. The only upside is that this argument has nothing to do with Brussels. It’s far more
The Spectator podcast: Listen to Isabel Hardman, Lara Prendergast, Charlotte Jee, Editor of Techworld, and Professor Martin Conway, head of psychology at City University discuss the memory gap. Ask me what I had for lunch yesterday and I couldn’t tell you. Names disappear as swiftly as smoke. Birthdays, capital cities, phone numbers — the types of facts
Last week, the New York Times ran the page one headline ‘Pence Supports Ryan, Showing GOP Turmoil.’ There was turmoil in the Republican party because Mike Pence, its vice-presidential nominee, had endorsed the candidacy of Paul Ryan, its most powerful congressman. One wonders what the Times would have called it had the two men actually
The vast Bubye Valley Conservancy in southern Zimbabwe is slightly larger than County Durham, as well as much hotter and drier. Yet both contain abundant wildlife thanks almost entirely to the hunting of game. In Bubye Valley, it’s lions and buffalo that are the targets; in the Durham dales, it’s grouse. But the effect is
Thirty years ago this week, Queen performed what would turn out to be their last gig, at Knebworth. Their penultimate concert, at Wembley, was shown on Channel 4. I recorded it, and became obsessed. Time after time I watched-Freddie Mercury prance on to the stage sporting a moustache you could have swept a factory floor
Cape Town South Africa has just seen her most encouraging election results ever. The general election of April 1994, which brought full democracy, was important in itself but its results were a foregone conclusion — the black majority voted for the ANC, as expected. The local elections this month were different and immensely hopeful. There
I’ve just tripped over the damned hedgehog for the second time in as many days. He has retreated into the greenhouse and is glaring out at me from under the workbench, rigid with indignation. I suspect he has learnt this expression from my cats. Truth be told, after 14 months’ acquaintance, with time out for
A declaration of nationality is a profound statement. To say ‘I am British’ suggests that somehow I am composed of Britishness — that my fabric, my very being, is British. Except I personally, apparently, am not particularly British. The results are back from my DNA ethnicity test, and I am 63 per cent Irish, 20 per
The other day I was speaking to a Kurdish journalist who was held in Isis captivity for ten months. He and a colleague had had the bad luck to run into an Isis checkpoint in Syria. ‘How do you perform the midday prayer?’ they were asked after their car was waved to a halt. Unable
For 20 months, I stood accused of a hate crime: homophobically motivated common assault. The British Transport Police pursued my case with extraordinary zeal. So too did the Crown Prosecution Service. I was plunged into a world where common sense withered and died. The nightmare began when I was travelling home to London after a
