Conservative party

On one level, there is something admirable about the government’s uncompromising support for a Trident upgrade: senior Tories really do believe in the deterrent’s strategic importance, and are not willing to sacrifice that. But, on many other levels, that same inflexibility is looking more and more unwise. Three former senior military figures write to the Times today with a new riff on a point that they have frequently made before. Why not squeeze another 15 years out of the current system, they say – by which time, “the anachronistic and counterproductive aspect of our holding on to a nuclear deterrent would be even more obvious.” This is an argument with

Here’s a slightly curious one: David Cameron and Nick Clegg have written a public letter to their ministers, reminding them that, “deficit reduction and continuing to ensure economic recovery is the most urgent issue facing Britain,” and that, “the purpose of our government … [is] … putting power in the hands of communities and individuals and equipping Britain for long-term success.” If you wanted to read into it, then you could say that the emphasis on the “long-term” throughout the letter is a warning to any disgruntled sorts: policies for the long-term require time to implement, so the coalition has to be built to last, etc. etc. But, of course,

Few MPs have made quite so many waves recenty as last year’s Spectator backbencher of the year, Andrew Tyrie. Under his chairmanship, the Treasury Select Committee seems to have gained a new vitality and edge. And it has certainly accumulated more powers, with the ability to veto the government’s appointments to, and dismissals from, the Office for Budget Responsibility. As he put it himself in an interview with the Independent last week, “The fight back by Parliament is beginning now.” Just how aggressively he intends to prosecute that fight back is suggested by his comments in the Times (£) today. Responding to George Osborne’s recent demands for the banks to

Andrew Rawnsley’s potted hierarchy of the coalition government – and especially its final sentence – is worth pulling out for the scrapbook: “There is still, of course, an inner circle. When not abroad, the first key fixture of the day at Number 10 is the strategy meeting. Its usual attendees include George Osborne, the chancellor; Andy Coulson and Steve Hilton, his director of communications and his senior strategist; Jeremy Heywood, the permanent secretary at Number 10; the prime minister’s chief and deputy chief of staff, Ed Llewellyn and Kate Fall. Note that Nick Clegg is not on that list. He belongs to the next circle of influence around David Cameron.

Mervyn King’s evidence to the Treasury select committee has Westminster’s tired tongues wagging this afternoon. King re-iterated his long-held position that market confidence will imperil long-term recovery unless the deficit was confronted immediately. Nick Clegg has said that a personal conversation with King changed his mind on cutting the deficit early. Paul Waugh, Jeremy Warner and James Macintyre have varying takes on the Governor’s remarks and their bearing on the coalition’s formation. I’d just observe that King may have been Cameron and Clegg’s unwitting matchmaker. But equally, no party was honest about cuts during the election. It was the great unmentionable, which would suggest that cutting had to come sooner