London

How easy is it to buy your way into the British establishment? On this week’s View from 22 podcast, Harry Mount and journalist Ben Judah discuss whether Britain has become a bankrupt country. Why are so many Russians throwing hordes to cash to buy their way into new Britain? How are Prince Charles and Tony Blair involved? And is it a good thing that the establishment is regenerating itself? Fraser Nelson, James Forsyth and Isabel Hardman also analyse George Osborne’s fourth budget — what the announcements mean, the winners and losers, how the Chancellor has carefully targeted Ukip, the significant changes for pensioners and Ed Miliband’s meek response. Plus, Fraser

Knowledge can be successfully transmitted and received only by those who recognise its value. If our governments have regarded education as valuable, however, it is usually as a means to some political goal unconnected with knowledge. As a result, our school system, once the best in the world, is now no better than the average developed country for numeracy and literacy. Many on the left see schooling as a form of social engineering, the purpose of which is to produce a classless society. Equality is the real value, and when knowledge gets in the way (as it often does) it must be downgraded or set aside. Many on the right

No-one should be surprised that Standard Life has warned it might leave Scotland should the country vote for independence later this year. It is not exactly a secret that Edinburgh’s financial services industry is concerned by the possible – indeed plausible – implications of independence. The suggestion – sorry, the threat – that it might leave Scotland is already being characterised by nationalists as yet more bullying, this time of the corporate rather than political kind. No doubt this is a blustering bluff too.  But what if it isn’t? The sorry truth is that Edinburgh’s financial sector is not quite what once it was. The Bank of Scotland is a small part of the

Statistics can be used to prove anything, a wise man (Homer Simpson) once said. It looks like the RMT union are trying to do just that, with a new poll they’ve published with the claim the public supports the Tube strikes. According to a press release entitled ‘Poll shows strike action against cuts justified and continued opposition to ticket office closures’: ‘The survey carried out by the respected polling organisation Survation found that almost two thirds (65%) of tube users felt that lawful industrial action as a last resort was justified, with only 29% not sharing that view. A similar number (66%) were concerned at the Mayor’s closure plans.’ Half of

London has long since lost its allure for me — altogether too many cars, foreigners, cyclists, middle-class liberals and people who, like me, work in the media, as they call it. I was born in London but only feel truly at home in the north-east of England, an area of the country within which the constituents of that list I quoted above are almost nonexistent. But I am thinking now of moving back to the city — it’s possible that I could afford a flat in somewhere such as Brockley, or perhaps Catford — to take advantage of a radical new development in our capital. Because rumbling along the streets

These, ranked from first to tenth, are the urban areas in Britain with the highest average weekly earnings in 2012: London, Reading, Crawley, Aldershot, Edinburgh, Cambridge, Milton Keynes, Aberdeen, Southend, Brighton. That’s from the latest, fascinating, report (pdf here) published by the Centre for Cities. It can be summarised easily: if you want to make it, head to London or the south-east of England. Or to Scotland. London, as Jeremy Warner observed this morning, is still driving the British economy. Financial services remain vital both to economic recovery and the country’s long-term future. Strengthening other sectors remains important; so does the City. But strengthening Britain’s other cities is – or should