When can a famine taste pretty good? The answer is when you are eating the cattle which have just died of thirst. And that’s where we are today in the investment market. The famine is a lack of income — cash held in a completely safe bank, or in short-term government securities, earns almost nothing.
Well, there are two ways. You can own a chunk of a successful spread-betting firm or you can be a spread-better and get things right. Miraculously, I have managed to do both. I shall come back to that. First, let me tell you how it works. How many runs will England make in the first
It’s not often you see Tory MPs celebrating anything, but on Monday a bunch of them were packed into an office high in Portcullis House to toast the rehabilitation of Nadine Dorries. Last autumn the Mid-Bedfordshire MP was suspended from the party after appearing on the reality TV show I’m a Celebrity… Get Me Out
Shortly before the Conservative party conference last year, the head of the Fresh Start Group of Eurosceptic Conservative MPs went in to see the Prime Minister in Downing Street. The group had heard that David Cameron might make his big Europe speech at the gathering and its head, Andrea Leadsom, wanted to set out what
Britain is a stickler for tradition and each May we now observe a relatively new one: we bomb in the Eurovision Song Contest. The protocol now is well-established. Our entry is chosen by a BBC bureaucrat who appears to see the whole thing as a bad joke. We send out Bonnie Tyler/Engelbert Humperdinck etc to face an army
It’s Monday lunchtime, downstairs in the Spectator office, and Boris Johnson is trying to flog a bus to a Frenchwoman. ‘What about the new Routemaster? It’s absolutely great, yup, fantastic, yup. Hey, they could be really good for Paris,’ he says. She smiles and says nothing. ‘Well what about bendy-buses then?’ he carries on. ‘We’ve
Syria is sliding rapidly into chaos. The supply of weapons to the opposition could only make matters worse, yet the Prime Minister seems to be -contemplating it. We have misjudged the situation from the start. From the early days of the crisis, two years ago, we rode to the rescue with our rhetoric. We were all
I decided to become a hospital visitor last year, after being a patient and finding myself in something more like a factory than an old-fashioned ward. A terror of infection in 2011 (there were 2,053 deaths involving Clostridium difficile) has ended the cosy world of side tables covered in flowers and cards. Concerns about data
I like to tease my friend Wei about being a tiger mother. She once told me of an incident where her daughter Shu was making an artwork for a friend as a birthday present. Shu doodled for a few minutes, then showed her mother a sketch of a funny face. ‘I told her to knuckle
Not long ago Cyril Ramaphosa, probably South Africa’s future president and ANC leader, attempted to buy a buffalo. It was at an auction for hunters and game ranchers. He bid £1.3 million and, incredibly, lost out to another tycoon. At the same event he still managed to spend another million pounds on game species for
Seeing Julie Burchill sitting at the back of the restaurant near Victoria Station, I feel a surge of affection. Chin up, sunglasses on, lips fixed in a pout, she is presenting her usual defiant face to the world. In the past, I’ve always thought of her as being like a screen goddess from Hollywood’s golden
The scandal of official reluctance to develop Britain’s shale gas potential is at last beginning to surface. It may prove to be the dress rehearsal for the ultimate drama — the inexorable collapse of our whole energy strategy. Most of us have by now heard about the US shale gas revolution. In little more than
Last week, the European Commission voted to ban three pesticides which are said to harm bees. Everyone loves bees, so perhaps we should all be rejoicing? Well, I’m afraid my reaction was not joy, but to think: here we go again, this is bound to mean more dead bees. It’s inevitable: whether it’s a ban,
You do not need to have read the book or even seen a film adaptation to feel a thrill at the word ‘Gatsby’. More than a novel, a film or a character, ‘Gatsby’ is an aspiration. The golden age of jazz, cocktails and evening dress, F. Scott Fitzgerald’s novel is one of those works which
One Sunday evening, while I was trying to avoid ironing my shirts, it occurred to me that it would be a good idea to take Nigel Farage to Bulgaria or Romania. The Ukip leader is convinced that hordes of people from these countries are poised to pour into Britain when the rules are relaxed next
When my parents received a thank-you letter from a good friend recently, we all read it with (I’m afraid) not affectionate pleasure but a rising sense of indignation. The trouble with the letter was its extreme banality. It had been a lovely party, wrote the friend, the food delicious and the company great. The nerve,
Ukip hope that this week’s county council elections are just the fireworks display before the big bang. In 2014 they think they can blow open British politics by winning a nationwide election. If they can succeed in doing that, they would almost certainly force Labour into matching the Tories’ pledge to hold a referendum on
Ghadi had spent the past two years on the run from the Syrian regime but it was the rebels fighting against the government, the so-called Free Syrian Army (FSA) who finally caused him to abandon the revolution and flee Damascus. He had made the mistake of speaking out against one of the big FSA brigades
It is more than ten years since I first sat down with members of the Syrian opposition. Back then they included real moderates, but even these didn’t predict a bloodless transition. ‘We will have to unite the country against the Alawites,’ I remember one saying, referring to the minority from which the Assad dynasty comes.
The first couple of evenings there was just me and a middle-aged couple swimming decorously up and down. On the third day it changed. There were three more people, spread out at the shallow end. You would not have thought that an extra three people in a decent-sized pool could have caused such irritation and havoc.