London

As the 30th anniversary of Big Bang loomed, I found myself back at the scene of my City demise. Ebbgate House — headquarters of BZW, the investment banking arm of Barclays where I worked until one fateful morning in 1992 — fell deservedly to the wrecking ball a decade ago. It was replaced by Riverbank House, and there I was last week, hovering above where my desk used to be, talking about ‘why no one listens to the City any more’ and reliving the P45 moment that released me into the happier world of journalism. Personal echoes apart, this was also a moment to revisit Big Bang, the Thatcherite reforms

When I made my Dispatches documentary about generational inequality for Channel 4, I was struck by how many of the established facts in this debate fell apart upon scrutiny. Yes, there are many legitimate grievances – which I covered in the film. But some of the supposed ‘nationwide’ problems are, in fact, no such thing. Take the national rent crisis, which led Ed Miliband to fight an election campaign which pitted the supposedly wicked exploitative landlords against tenants. He lost that election, in part because he had allowed himself to be sucked down rabbit hole of social media – and one of Londoncentricity. There are a great many problems facing people

The French are trying to seduce the British to come and work in Paris. A video hymns the delights of La Defense, the Gallic Canary Wharf. It is a healthy Brexit effect that the French now feel that they can no longer fight the City of London solely by trying to regulate it, and must try persuasion instead. The prospect of British departure reawakens the spirit of competition in a continent which had largely replaced it with bureaucracy. By leaving, Britain ought to win first-mover advantage in this contest, but even if we don’t, we will have done a service to our neighbours which we could never have managed if

After four days of speeches and panels at Tory conference, there is now at least a little consensus over what Brexit means Brexit means and much concern over the quality of Philip Hammond’s jokes. However, while a number of conference speeches proved dry, Mr S is glad to report that the after hours soirees were free-flowing. At the Sun‘s conference party — where guests were offered teetotal May Day cocktails — tributes were paid to two men who were unable to make it to Birmingham this year. The paper’s editor Tony Gallagher recalled what David Cameron and George Osborne had said to him ahead of the paper backing Brexit. ‘David and George took us aside

As Labour conference draws to a close for another year, over the past four days there has been plenty of drama played out in both the conference hall and the fringe events. However, the after hours soirees have also proved eventful. At Sky News‘s bash, attendees got to choose whether they were a champagne socialist or a prosecco socialist thanks to a well-stocked bar. While Owen Smith was nowhere to be seen at the event — perhaps still smarting from his leadership defeat — he can take heart that he was deemed important enough to have his face decorate a cupcake. Alas, out of the four cake options available — Smith, Jeremy Corbyn,