Conservative party

Risky business | 3 December 2009

With the largest transfer of liabilities in British history – the insurance of the risk of loss on £240 billion of toxic RBS assets by taxpayers – proceeding, there is worryingly little information being given about either what these assets may be or what risks there are to the taxpayer. Rather than the parliamentary enquiry and detailed disclosure Swiss parliamentarians demanded when UBS needed similar assistance, a small press release noting such exotics as “structured credit assets “ has been issued. The spin continues to be that there is nothing to worry about and all this money will come back fine. Bank of England data shows that UK bank exposure

The choice facing the Tories

If you’d like a step-by-step preview of Labour’s next election campaign, then do read Alastair Campbell’s latest blog post.  All of Brown’s attacks from PMQs are in there, and then some: “tax cuts for the rich”; a lack of “policy heavy lifting” on Cameron’s part; the Tories “haven’t really changed”, etc. etc.  The spinmeister has been in closer contact with Downing Street recently, and it shows.  It’s all gone a bit bar-brawling. The Tories now face a choice between, broadly speaking, three different responses: i) Ignore Campbell.  Even though James was right to highlight the differences between now and the Crewe & Nantwich byelection – which I wrongly skipped over

Might there be some fight left in the class war after all?

The Tories are in mild shock following PMQs, they never expected Cameron to get clunked like that. Brown is clearly going to try and use Tory inheritance tax policy to ram home the message that a Cameron government will be a government of the rich, by the rich, for the rich. But the Tories are taking comfort from their belief that Brown’s ugly class war politics won’t work, pointing to how they failed in Crewe and Nantwich. But the attacks on Edward Timpson backfired, at least in part, because Timpson was a bad target. It is hard to portray someone as an out of touch, uncaring toff when their family

Graph of the day

Here’s a neat little graph from PoliticsHome, which plots the three main parties’ opinion poll ratings alongside their “party morale rating” from the PHI100 tracker.  As PolHome put it, it kind of tells us what we know already: that party morale more or less correlates with poll position.  But, given how so many politicians deny that they’re fussed about polls, it’s still good to see it in black and white:

Testing times for the Tories

The opinion polls are continuing to feed the story that the Tories are in trouble. Tonight’s Politics Home data which shows Cameron’s personal ratings dropping 15 points in the last 10 weeks follows a string of polls where the Tories have failed to break through the forty percent mark. Tory morale has been a bit shaken by these polls; Cameron could do with a decisive win at PMQs tomorrow to gee up the Parliamentary party. But turning these numbers around is, I suspect, going to require some policies that show us what David Cameron’s irreducible core is. Oddly enough, I don’t think these policies have to be particularly popular but

Love and marriage

It’s all a bit of a puzzle. How will David Cameron incentivise marriage? In an interview with the Mail, Cameron dismisses IDS’s transferable tax allowance scheme. “It would be wrong to say that they are Conservative Party proposals.”                      Considering the scheme will cost £4.9bn, the pro-cuts Tories can ill-afford an incentive that would benefit the middle class in the immediate term. Cameron and Osborne are searching for a cheaper way to honour the pledge. Pete and Fraser debated whether marriage should and could be financially incentivised. On balance I side with Pete, marriage should not be financially incentivised. I’ve nothing to add to Pete’s analysis except that I

The case for NHS reform

Britain remains the sick man of Europe. Professor Sir Mike Richards’s report finds that although progress has been made on cancer treatments, diagnosis rates, and therefore the chances of survival, lag behind European standards. A deluge of statistical analysis supports Richards’s findings. The European Journal of Cancer’s recent research into solid cancers, such as breast cancer and melanoma, demonstrated that the speed of diagnosis and survival rates in the UK were “20% below” the European average. Additionally, the table below, which is taken from 2009’s OECD health data, illustrates that the gap between the number of cancer deaths per 100,000 population in Europe and the UK has widened.   1997

The good and/or bad news for the Tories is that there hasn’t been a Brown Bounce

If you’re still scratching your head over the latest opinion polls, then I’d recommend you read Anthony Wells’ latest post over at UK Polling report.  In it, he outlines four potential reasons for the diminishing gap between the Tories and Labour: Cameron’s “reverse” over the Lisbon Treaty; increased economic optimism; Labour performing better; and the absence of positive feeling towards the Tories.  To my mind, it’s probably a case of “all of the above,” to varying degrees – but, as Anthony concludes, “we can’t tell for sure.” One further point that’s worth making is that the reduced gap between the parties isn’t due to a “Brown bounce”.  After all –

The Tories need a more positive message

The Lib Dem’s policy to make everyone’s first 10 thousand pounds of income tax free is, whatever its imperfections, a significant doorstep offer. By that, I mean it is something that those canvassing for the Lib Dems can say in an attmept to get the voters to listen to them rather than shut the door in their face. This is something the Tories are short of. At the moment, the Tories have a bunch of smaller policies — abolishing HIPS, freezing council tax, only millionaires paying inheritance tax — that by all acounts go down well on the doorstep. But they lack a big policy that defines the party to

James Forsyth

Tory corporation tax plans become clearer

During the Tory party conference, I wrote about how the Tories were developing plans to radically cut corporation tax. In recent weeks, the Tories have been dropping plenty of hints about this agenda but giving little detail on it. After reiterating the Tories’ existing plans to lower the rates of corporation tax at the CBI conference last week, David Cameron said: “and we want to go further.” Today, in an interview with the FT, the Tory treasurer Michael Spencer reveals that he is “hopeful that, over the next parliament…we will get corporation tax down towards the 20 per cent level.” Spencer is close enough to the leadership to know what

A taxing issue for CCHQ

That Zac Goldsmith has non-dom status is an embarrassment to the Tories. Given the anti-politics mood in the country, the whiff of hypocrisy is extremely dangerous to any political party and for the Tories anything that helps Labour’s effort to portray them as a party dominated by a wealthy clique is damaging. I suspect, though, that this story will only get bigger if it turns out that there are other Tory candidates who have non-dom status. Given the way candidate selection has been handled in recent years, there is no guarantee that CCHQ has established that all candidates are both resident in the UK for tax purposes and do not

What today’s polls tell us

The national YouGov poll and the one of northern marginals out today give us a sense of the electoral lay of the land. The national poll result which has the Tories below 40 percent and failing to win an overall majority shows that the Tories remain quite a way from sealing the deal. However, the poll of northern marginals which has the Tories on 42 percent suggests that the Tory marginal seats strategy is working. Indeed, whenever you talk to Tory candidates in Labour held marginals you are struck by just how confident they are; something that is particularly striking given how jumpy candidates normally are. I suspect that the Tory

Lord Pearson makes his mark

He’s only been in the job a few hours, but the new leader of UKIP, Lord Pearson, has already dropped a fairly intriguing bombshell.  Interviewed in today’s Times, he reveals that he proposed, some months ago, a deal with the Tories whereby UKIP would disband* if Cameron offered a referendum on a ratified Lisbon Treaty.  Apparently, the Tories didn’t respond to the overture – which seems rather tactless, if nothing else. You can see why Pearson has made the revelation now.  This “greater good”-style posturing could incite a few Tory supporters, and perhaps even parliamentarians, who are concerned about their party’s stance on Lisbon.  Who knows? – it may even

If you want to restore Cabinet government, you have to reduce the size of the Cabinet

In the politics column this week, I write about how the Tories plan to hand over many of the traditional policy making powers of the Cabinet to a seven man policy board. The Cameroons are going to do this partly because it is a model that has worked well for them in oppoistion and that they are comfortable with but also because the Cabinet is just too large for effective, detailed discussions about policy. The shadow Cabinet currently has 34 members in it. In government, this number will have to drop by at least ten. But still, a 24 person group is, probably, too large to foster constructive and detailed

Tory government should be manoeuvrist government

The greatest challenge facing a new government may be that Britain’s national security institutions are not fit for purpose. They were built for a different era and focused on a set of now obselete threats. Notwithstanding a few exceptions, like the Cuban Missile Crisis, the threats during the Cold War were slow-moving and predictable. Even in the immediate Cold War period, threats were nasty, but rarely novel.   Now, however, Britain faces all manner of fast-moving, asymmetric threats. Terrorists and insurgents can get inside our decision-making loop. In Helmand, the Taliban stage attacks around their media strategy, not the other way around as we do it. Countries like Russia and

The axeman cometh | 27 November 2009

Philip Hammond, the man the Tories have tasked with overseeing spending cuts should they get into power next year, has just given a speech to Policy Exchange on reducing waste and improving efficiency. Much of it reheated existing arguments about, say, transparent public spending – which doesn’t make those arguments any less valid.  But there are one or two other points worth mentioning here First, the very fact that Hammond was making this speech.  Introducing him, George Osborne complained that the Labour government has made Hammond’s potential role – Chief Secretary to the Treasury – a non- job, and that the Tories would restore it to being “one of the

Commissioner Boris

The Evening Standard reports that Boris Johnson is set to become the Tories’ first elected police commissioner. Chris Grayling told the paper: “We envisage the Mayor of London being the elected police commissioner. This would strengthen the role of the Mayor. However, I’m absolutely clear that no reform we introduce will allow any elected politician to interfere in operational policing and we will make absolutely certain that the independence of operational policing is protected in law.” Under Tory proposals the mayor will be responsible for hiring and firing chief constables, tailoring police objectives to local requirements and budgeting. Naturally, the contrarians are gathering. I give it 24 hours before Sir

Nudging us to go green

When the Tories first got interested in nudge theory in the summer of 2008 there was some sneering and questioning of what practical policy applications it had. But Grant Shapps’ speech today on the Tories’ Green Deal shows how nudging can be applied in government. Shapps proposes that consumers be reminded of the Green Deal offer – your house retrofitted to cut its energy usage at no immediate cost to you – every time they use the stores of one of the firms involved in the scheme. This should, in theory, boost take up of the scheme. The Green Deal, the brainchild of Greg Clark, is one of the Tories’

James Forsyth

The Red Tory

Phillip Blond has been attracting a lot of publicity in the past few weeks and it was standing room only at the launch of his new think tank Res Publica. (I should say that I am on its advisory board). David Cameron gave the opening remarks, stressing the influence Blond’s thinking has had on how the Tories think about poverty and public services, but he was also keen to point out that he doesn’t agree with everything that Blond says. Ever since the trouble caused by last summer’s Policy Exchange report advocating abandoning various northern cities, the Cameroons have been wary of getting too close to any think tank for

Byrne draws a dividing line over decentralisation

Good work by the Guardian, who have got their hands on leaked sections of a government report into downscaling Whitehall.  At first glance, it all looks kinda promising.  There are provisions to reduce the cost of senior civil servants, to cut the numbers of quangos, and to make it more difficult to establish new quangos.  Surely, these are measures which will be necessary to fix our broken public finances. But it’s the headline idea which could give you cause for concern: namely, that the government “wants a review” into relocating around 200,000 civil servants and other public sector workers away from London and the South-East.  It’s meant to strengthen localism