Uk politics

Wanted: superhuman central banker

The race to replace Sir Mervyn King started today when an advert searching for the next Bank of England governor appeared in the Economist. It wasn’t a particularly exciting start to the race: William Hill has named Paul Tucker the favourite to succeed Sir Mervyn. He is currently 7/4 to get the job. Tucker is the deputy governor of the Bank currently, and based on his job title alone, the odds would hardly be surprising. But remember that this is the man who made a meal of his appearance before the Treasury Select Committee in July, uttering the strange phrase that ‘we thought it was a malfunctioning market, not a

Fraser Nelson

Andrew Lansley: the Tories chose not to win

I’m at a YouGov conference in Cambridge where we’re just had a speech from Andrew Lansley, the new Leader of the House. He was speaking about the coalition, and gave a brief history of its inception. ‘None of us had, in truth, understood the nature of what a coalition government might be…I’m not even sure the Lib Dems had thought about what a coalition would look like. In normal circumstances, with that election result, there would not have been a coalition. We’d have formed a minority government, put forward a programme, challenged the House to support it or not and after a decent interview – probably a few months –

James Forsyth

MP calls for state funeral for Richard III

Chris Skidmore, the Tory MP and Tudor historian, has tabled an early day motion calling for a full state funeral for Richard III, if the skeleton found in Leicester does turn out to be him. The motion reads: ‘That this House notes the discovery of a skeleton beneath a car park in Leicester believed to be that of Richard III; praises the work of the archaeologists and historians responsible for the find; hopes that DNA evidence will prove the remains to be those of the last king of the Plantagenet dynasty; and calls upon the government to arrange a full state funeral for the deceased monarch, and for his remains

Fraser Nelson

The Age of Ed Miliband

What more does Ed Miliband need to do to be taken seriously as the next Prime Minister of Britain? He has been ahead in the polls since the start of last year, and the bookies favourite for longer. A geek? Maybe, but one who has a personal approval rating higher than David Cameron. A leftie? Certainly, and that’s why the orphaned Lib Dem voters feel so at home with him. But his real secret is that no one has the faintest idea what Labour, if elected, would do. We may well be entering the Age of Ed and the terrifying thing is that no one, not even the party leader

Isabel Hardman

Vince Cable strives to show he is not obstacle to growth

Vince Cable is today announcing that the government will not be taking up Sir Adrian Beecroft’s ‘fire-at-will’ proposals to allow bosses to sack underperforming staff without risking unfair dismissal claims. There was no great appetite for the plan, the Business Secretary will say, arguing that 34 per cent of small businesses consulted by his department were in favour, with 32 per cent against and 30 per cent unsure. Though many Tory MPs embraced the idea of ‘fire-at-will’ as a means of encouraging firms to take on more employees without the fear of costly consequences if the arrangement did not work out, others within the party were uneasy that they might

The problem with George Osborne’s debt target

Q: Why will George Osborne miss his debt target? A: The Government is spending a lot more money than it is taking in taxes. Q: Why is the Government spending a lot more than it is taking in taxes? A: Jonathan Jones answered this one yesterday. In short: disappointing growth means that debt needs to be lower to meet a Debt/GDP target, increases spending on benefits and reduces both direct and indirect tax receipts. Beyond that, things get a lot more complicated and controversial. I won’t get into the debate over supply-side reform versus Keynesian economic stimulus now. That debate has been covered at length elsewhere, particularly in the final

Willetts attempts to limit the damage of Coalition immigration policy

There was a flutter of excitement among the Higher Education community this morning, when the education editor of the Times tweeted that David Willetts, the Universities Minister, was about to announce that overseas students would be excluded from net migration figures, and therefore from the Prime Minister’s pledge to reduce net migration to under 100,000 by the election. Straightaway I responded that I thought this unlikely. There is a strong policy case for taking students out of the political ‘numbers game’ on immigration. Net migration figures are supposed to measure ‘long term migration’, whereas most overseas students return home fairly quickly. It is increasingly clear that having students inside the

Isabel Hardman

MPs pile in to EU referendum group

As previewed on Coffee House last week, John Baron today launched his all-party group calling for an EU referendum. He has so far managed to bring more than 50 MPs on board, along with a good number of Labour MPs. DUP MPs will also attend. The first meeting will be on 16 October. Yesterday José Manuel Barroso gave momentum to the group’s calls for a vote on Britain’s membership of the EU by pushing for greater political union. He said: A deep and genuine economic and monetary union, a political union, with a coherent foreign and defence policy, means ultimately that the present European Union must evolve. Let’s not be

Isabel Hardman

Boris seeks rebel representative in the Commons

Boris Johnson is on the look-out for a ring-leader in parliament for his push against the expansion of Heathrow, I understand. His people have been calling around sympathetic backbench MPs trying to persuade one of them to head up the campaign in the Commons. On first glance, Zac Goldsmith might have been an obvious choice, given his talks with the Mayor of London about a by-election in his seat if the government does U-turn on a third runway. But Boris wants someone who is less of an individual within the party who can co-ordinate backbenchers in a revolt. Presumably he also needs an MP who can spearhead not just the

Grant Shapps addresses the 1922 committee

Grant Shapps, the new Tory chairman, has been addressing the 1922 Committee of Tory backbenchers this evening. Shapps appears to have gone down fairly well. MPs are glad to have a Chairman who is in the Commons after two and a bit years with a peer doing the job, though Andrew Feldman remains a co-chair. Shapps told MPs that he was keen for CCHQ to offer them every assistance it can. He announced that he would be placing a CCHQ staffer in the whip’s office several days a week so they could handle MPs’ requests. I also expect that there will not be the usual by-election edict for the Corby

Alex Massie

Salman Rushdie, A Hero for Our Time – Spectator Blogs

It’s twenty years since I read The Satanic Verses. I didn’t much care for it back then, chiefly, as I recall, because Rushdie’s satirical and comic scenes left me untickled. But today – especially today – is a good moment to read the New Yorker’s excerpt from Rushdie’s forthcoming Fatwa Chronicle, Joseph Anton. If you can’t read it today, read it tomorrow. But do read it. Among other things, it made me want to go back and re-read The Satanic Verses. There are many dates you could choose from which to start a chronicle of our times but, at least in terms of one big question, Valentine’s Day 1989 is

Why George Osborne will miss his debt target

Much is being made today of reports that George Osborne will drop his fiscal target in his autumn statement on 5 December. Isabel reported earlier that, faced with breaking his own rule, Osborne will abandon it rather than implement more cuts to meet it. All the fuss seems to stem from a note by Citi Reasearch last Friday. You can read the whole thing here, but here’s a summary. Like Gordon Brown, Osborne has two fiscal rules. Neither says anything about eliminating the deficit, or even halving it. The first — called the ‘fiscal mandate’ — is ‘to balance the cyclically-adjusted current budget by the end of a rolling, five-year

Isabel Hardman

David Cameron’s moving Hillsborough statement

In many ways, today showed this current Parliament and the Prime Minister at their best. David Cameron hadn’t brought Flashman with him to Prime Minister’s Questions today in any case, but for his statement on the Hillsborough tragedy, he adopted a solemn and respectful tone. The whole chamber was still, save for sharp intakes of breath from MPs as horrifying findings from today’s report from the Hillsborough independent panel were read to them. The worst was that many more – possibly 41 –  lives could have been saved had the response to the disaster been adequate. ‘Anyone who has lost a child knows the pain never leaves you. But to

Employment returns to pre-crash levels

Employment has almost entirely recovered to its pre-recession peak, according to today’s new figures. Total employment for May to July stood at 29.56 million — up 236,000 on the previous three months and just 12,000 shy of the 29.57 million peak of April 2008. This recovery is thanks to the expansion of the private sector, which has added over a million new jobs in the last two years, and now employs 381,000 more people than it did before the crash. Public sector employment, meanwhile, has been cut by 628,000 since the coalition took over, and is now at its lowest level since 2001. The scale of private jobs growth —

James Forsyth

Labour uses Cameron’s ‘butch’ line as PMQs weapon

Today’s PMQs will not live long in the memory. The Hillsborough statement will, rightly, eclipse it. There were, though, some things worth noting from it. Labour clearly believes that they can paint Cameron as some kind of chauvinist. Chris Bryant got the ball rolling, sneering ‘I know the Prime Minister thinks of himself as butch.’ During the leader’s exchanges, Ed Miliband responded to Cameron mocking predistribution—Miliband’s new policy idea—by calling it a ‘very butch answer’ and Cameron ‘Mr Butch.’ Finally, the Labour MP Ann McKechin asked why departing male minister got honours while there was ‘nothing like a dame’ for his sacked female ministers’. I wonder, though, if this attack

Isabel Hardman

Michael Gove rebuffs calls for a GCSE remark

Michael Gove faced a tough grilling from MPs on the Education Select Committee this morning about the row over GCSE English results. But the Education Secretary gave as good as he got, launching a fierce attack on the Welsh education minister Leighton Andrews for putting children in Wales at what he said was a disadvantage by ordering a remark of the papers. He told the packed committee room: ‘I believe that the children who have been disadvantaged are children in Wales. I think the decision by the Welsh education minister, Leighton Andrews, is irresponsible and mistaken. And I think that he has undermined confidence in Welsh children’s GCSEs and I

Isabel Hardman

Osborne to drop debt target to avoid ‘nightmare’ cuts

George Osborne is in for a really rocky autumn to follow the dismal summer he’s just survived as chancellor. The Times and the Guardian are both reporting this morning that the Chancellor is set to drop his key fiscal target of having public sector net debt as a proportion of GDP falling by 2015 as a result of higher government borrowing and lower tax receipts. Osborne has decided that the political fallout from abandoning this target, which he has long touted as a sign of the success of his policies, would be smaller than the ‘nightmare’ of further cuts, particularly the £10 billion cuts to the welfare budget.  Jonathan wrote