Eu

On the morning of the 24th June, Britain woke to find its stock market shattered and its pound pummelled. It appeared – for a brief moment – like all the prophecies of the Brexit doomsayers, not least the Great Seer Osborne, had come true. But then, from the wreckage of that mid-summer morning, green shoots began to appear, and now, more than two months down the line, it seems that Britain has bounced back. In his cover piece this week, Ross Clark argues that the Remain campaign fell victim to the perils of believing their opinion to be ‘objective fact’, and that economic recovery has humiliated the Treasury, Bank of

In the referendum run-up, we were inundated with warnings and messages of doom and gloom about the untold damage Brexit would unleash – and unleash immediately. It took a pub boss – Tim Martin, the founder of JD Wetherspoon’s – to add a bit of perspective. Why, he argued, would consumer sentiment plunge of a majority voted Brexit and got what they wanted? Why, if we wouldn’t actually leave the EU for two years, would the economy fall of a cliff? At the time, he was mocked for knowing nothing more than how to pull pints. But now, with the prophecies of economic woe having failed to materialise, it seems he was more

Theresa May received the traditional desk banging reception when she addressed the 1922 Committee of Tory backbenchers. May pleased Tory MPs by emphasising that they  would have more opportunity to feed into policy making process now through George Freeman and the policy board and the green papers that will—once again—precede white papers. But what most excited Tory MPs was what May said about opportunity and grammar schools. May said that she would give a speech on a 21st century education system soon, explaining how selective schools–in other words, grammars–fit into the mix. Strikingly, she defended an ‘element of selection’ arguing that there is selection already in the system, and it

‘When the world ends, I’ll go to Mecklenburg,’ quipped Bismarck, ‘because there, everything happens a hundred years later.’ Mecklenburg-Vorpommern has always been seen as somewhere behind the times, but has this sleepy backwater now become a portent of momentous things to come? In last weekend’s regional elections, Germany’s fledgling anti-immigration party, Alternative für Deutschland, came second, pushing Angela Merkel’s CDU into third place – in her own constituency. So was AfD’s Leif-Erik Holm right to say that this could be the beginning of the end for Merkel? And does this shock result mark the end of the beginning for AfD? I have a soft spot for Mecklenburg (my father’s family used

David Davis has just finished his first statement to the Commons on the process for the UK exiting the European Union. Davis’s initial statement stuck closely to what the government has said already; the coordinated Labour backbench heckle of ‘waffle, waffle’ had some truth to it. But it was striking that Davis said he hoped the UK’s security relationship with the EU would be as close or closer post-Brexit; in Whitehall, Britain’s intelligence and military capabilities are regarded as one of our key assets in the negotiation. But in answer to the questions that followed, Davis–a naturally frank politician—gave a clearer sense of what he means by Brexit. In answer

Theresa May is on her way to her first G20 summit. But she has still sat down for the traditional start of term interview with Andrew Marr. Reading the transcript of it, it looks like a classic Theresa May interview: with very little given away. She avoided answering Marr’s questions on whether she would like to see more grammar schools and refused to say whether she shared her chief of staff Nick Timothy’s view that Chinese involvement in the Hinkley point nuclear project would be security risk. On Brexit, May said little new about the deal she would like to strike–confirming the sense that, as one Minister told me, the

It’s strange that, even now, the Brexit vote is routinely referred to as an expression of anger or frustration — as if the most easily baffled half of the population had voted in response to forces they could not understand. In fact, the result of the 23 June referendum seems to look wiser with every week that has passed. Of course, leaving has its risks. But 52 per cent of voters judged that a greater one lay in staying in a European Union that is changing all the time — and invariably for the worse. The British vision of the world — of free trade, friendly competition and respect for