Uk politics

With interest rates crashing, Boris is in luck – he can borrow his way out of any Brexit crisis

Is Boris Johnson the luckiest prime minister ever? This week, the Government can borrow money for ten years at 0.48 per cent and for thirty years at 1.16 per cent. At these rates, it would irresponsible not to borrow more. The age of austerity can be brought to an end at exactly the same moment we leave the EU, opening up vast new opportunities for investment in infrastructure and public services. The Cameron government had to cope with the aftermath of the great recession and lived in fear of being heavily in debt if real interest rates went up. No such fear need trouble Boris. If the Government issues more

The Remain alliance that could spoil Boris Johnson’s party

What George Orwell said of left-wing intellectuals now applies to Boris Johnson and his ministers: so much of what they propose is a ‘playing with fire by people who don’t even know that fire is hot’. They may suspend Parliament and crash us out of the EU on 31 October or crash us out in the middle of an election campaign. Understandably, all the talk is of the threat to the conventions of democratic life. Yet if Johnson does not buckle, the autumn will not just bring a constitutional crisis but an economic and social crisis. No one knows how bad crashing out will be because no country has been

Ross Clark

Is Britain really heading for a Brexit recession?

The sense of excitement among some Remainers is almost palpable. Finally – after three years of waiting – a quarter of negative growth has materialised following all the grim warnings of Brexit-related economic turmoil. The Office of National Statistics (ONS) this morning released its first estimate for economic growth for the second quarter of this year, which has come out at minus 0.2 per cent. That counteracts unexpectedly strong growth in the first quarter of 0.5 per cent. Manufacturing, which shrank by 2.3 per cent, was the worst-performing sector of the economy. The dominant services sector expanded but only just, at 0.1 per cent. Another quarter of negative growth and

Labour MP: I think all countries should be abolished

‘Imagine there’s no countries,’ John Lennon once sang. It seems that one Labour MP is taking that song literally. Paul Sweeney, who represents Glasgow North East, had this to say: Well, Mr S. has to admire the scale of Sweeney’s ambitions, but he also wonders whether this plan might not be the best way to dig Labour out of the hole it found itself in yesterday. John McDonnell, the shadow chancellor, caused trouble for his party at the Edinburgh fringe festival by saying that Labour would not block a Scottish referendum if they won power. The comments went down badly with Scottish Labour MPs. Sweeney stepped in to clarify the

Could Boris Johnson have to resign if he loses a confidence vote?

The argument about whether Boris Johnson would have to resign if he lost a confidence vote is continuing to rage at Westminster. There is, though, an angle to this argument that is being neglected. Right now, the Labour leadership is clear that it won’t back anyone other than Jeremy Corbyn to be prime minister. This means that even if Boris Johnson lost a no-confidence vote, it is not clear who could command the confidence of the Commons. With no alternative government ready to go, then an election would be the obvious answer.  Things become more complicated if an alternative government could somehow be formed. In these circumstances, there would be

It would be foolish to take Boris’s Brexit promises at face value

As the by-election result came through from Wales last week, one Tory Leaver tweeted this: “Brecon and Radnor is a timely warning to Brexiteers. Vote for the @brexitparty_uk and you will hand another seat to Remain. How could you be so stupid?”.  So stupid? The nerve, when after all, it was the the Brexit party that resuscitated the referendum result after a near death experience created by his party. I was furious at the arrogance. But he isn’t alone; this view has now become the narrative popularised by some Tory grandees and voters, even though many of the latter loaned the Brexit party their votes in the Euro elections.  Yet without the Brexit

Lloyd Evans

Will John McDonnell lock Tories up if Labour wins the next election?

Smiley, fluent and softly spoken, John McDonnell sometimes comes across as a bit cuddly. Yesterday Labour’s shadow chancellor was interviewed by Iain Dale at the Edinburgh festival. He said he’s looking forward to a boating trip on the Norfolk Broads. ‘My wife and I sail. But we sail badly. People get off the water when they see us coming.’ He felt he deserved a break after working with the Tories on a cross-party approach to the Withdrawal Agreement. ‘No one should have to sit opposite Michael Gove for six weeks. I did it for the country.’ Iain Dale quizzed him about Labour’s immediate threat: Boris. ‘The guy’s reckless. The guy’s

Katy Balls

How should the Tories respond to an SNP/Labour pact?

John McDonnell has caused a stir over recess with an interview he gave to Iain Dale at the Edinburgh Fringe. The shadow chancellor suggested that Westminster should not decide whether Scotland gets a second independence vote – instead it should be up to the Scottish Parliament. As Stephen writes on Coffee House, this is most definitely not the Scottish Labour line. The comments were also made within 24 hours of Nicola Sturgeon suggesting she’d be willing to work with Labour to ‘lock the Tories out of government’. So, with a general election now seen as inevitable within the next six months – is the prospect of an SNP/Labour pact an

Can a vote of no confidence prevent no deal?

Talk of an early election has been on the rise in recent months as the Brexit arithmetic has looked increasingly shaky. This week it has hit fever pitch. Boris Johnson announcing extra funds for the NHS has been read as a sign the party is getting campaign ready while party chairman James Cleverly set the cat among the pigeons at the weekend after he used a broadcast interview to say only that the Tories would not ‘initiate’ a general election. The verdict: an early election is beginning to be seen as inevitable. On Radio 4’s Westminster Hour on Sunday night, Conservative MP Tim Loughton said that even if the Tories

Sunday shows round-up: James Cleverly – We are not ‘going to initiate’ a general election

Niall Paterson stood in for Sophy Ridge this morning, interviewing the Conservative party chairman James Cleverly. Paterson asked Cleverly whether billions of pounds worth of spending pledges outlined by new PM Boris Johnson meant that the government was considering an early general election. Cleverly insisted that the government would not be pursuing this course of action, despite a vanishingly small majority in the House of Commons: NP: Tell me there isn’t going to me a general election this year. JC: …We are not going to initiate a general election. We have elections all the time… What we’ve got is a new Prime Minister who, during the leadership campaign, made a

Theo Hobson

What I learned talking to Boris Johnson about religion

I don’t pretend to have had extensive discussions about religion with our new Prime Minister, but I did have a couple of brief ones when he edited my first Spectator articles. We once discussed Christian and Muslim ideas of martyrdom, and he was suddenly reminded of a hymn he liked at Eton which he proceeded to sing to me down the phone.  His tone towards religion in general was, as you’d expect, a bit guffawing: here’s a prime site for flippant jokes and the puncturing of earnestness. But, knowing that I took religion seriously, and seeing that we had an article to discuss, he was a tad constrained. The intellectually

Why the onus is on the EU to do a Brexit deal

In the run-up to the referendum, a common argument against Brexit went like this:  “We should not leave the EU, because if we try, the EU will be capricious and irrational, it will not prioritise the welfare of its people, it will instead punish us, we must be afraid of that wrath, forget any merit, we must be prudent”. A similar argument is often discussed at length by Sir Ivan Rogers, and repeatedly published in The Spectator. It is both right and wrong. The people who believe it are not ‘Remoaners’, as some might claim: they are patriots. But I disagree. And for me, this argument is why I voted to

James Forsyth

What’s changed with Boris Johnson in Downing Street

10 days in to Boris Johnson’s premiership and the big change is, as I say in The Sun this morning, that the government machine now thinks no deal really might happen. Those involved in no deal planning meetings say that there is now an intensity to them that there never was before. Rather than querying whether no deal is desirable, officials are getting on with preparing for it. Ministers are also bound into this strategy. One of those who served in both May’s Cabinet and the new one says that under the previous Prime Minister Sunday’s Cabinet conference call would have led to a long discussion about the merits of

Steerpike

Corbynistas in a spin over Lib Dem by-election win

As the Liberal Democrats celebrate their win in the Brecon and Radnorshire by-election, other parties are licking their wounds. The Tories narrowly missed out and now must deal with the realities of being the governing party with a working majority of one. Labour meanwhile came a distant fourth – only just managing to hold on to their deposit. Corbynistas have struggled to keep their vitriol in check since Jo Swinson was elected as the leader of the Liberal Democrats and today was no exception. Did Labour join in the celebrations (along with the Remain alliance) that the Tories had lost a seat? Think again. Instead the Corbyn outriders were out

The Brecon by-election result raises difficult questions for the Tories

As expected, the Liberal Democrats have won the Brecon and Radnorshire by-election – thereby reducing Boris Johnson’s majority to one. The news ought not to come as much of a surprise. Ahead of the vote, the Tories appeared to be doing everything they could to lose it. The by-election itself was triggered following a recall petition after Tory MP Chris Davies was found guilty of submitting a false expenses claim. Despite this, Davies was chosen to stand again rather than a new Conservative candidate. While some Tories have been campaigning in the area, it could hardly be described as all hands on deck in the lead up to the election. Brecon and

European Research Group divisions over Boris Johnson’s Brexit tactics

With Boris Johnson currently refusing to meet with any EU leaders for Brexit talks unless they agree to abolish the ‘undemocratic’ backstop, speculation is rising that the UK is on course to leave the EU without a deal. However, should the new Prime Minister manage to silence his critics and win a concession from Brussels to replace the backstop with alternative arrangements, Johnson ought not expect all members of his party to celebrate. In an interview with the Telegraph, arch-Brexiteer Marc Francois – one of 28 Tory MPs who refused to vote for May’s deal on any occasion – has said that even were the backstop to go from the withdrawal

The myth behind Corbyn’s plan to transform Britain

This week, The Sun instructed Remain Conservative MPs to unite behind Boris Johnson or see Jeremy Corbyn’s desire to ‘turn Britain into an experiment in 21st century Marxism’ become reality. It need not have bothered: the threat of a ‘Marxist’ Corbyn government is one of the few things about which all Conservatives agree. But what kind of a threat does Corbyn really pose? Keen supporters of the Labour leader speak of their hopes for a ‘transformative’ Corbyn-led government, one that will eventually lead to socialism. This government will permanently change Britain because, they say, it will disperse power to the people. Under John McDonnell’s plans, industries will be renationalised but run

Any type of Brexit is better than no Brexit at all

It’s a strange beast, the internet. On Monday night, I was slightly reluctantly dragged onto Newsnight to discuss Brexit. Attentive readers will know that I very rarely write or speak about the subject. There are many reasons for this, one of which is that I said most of what I had to say three years ago when I cast a vote in a referendum. Another reason – I must admit – is that I have wanted little to no part in the bile-fest of the last three years. I would like us still to have a country after this, and there seems very little chance of that if both halves

Steerpike

From the archives: Boris Johnson – ‘My appeal to the masses may be very limited’

Boris Johnson’s senior adviser Dominic Cummings has found himself in the news today after a video clip emerged of him suggesting most Conservative MPs ‘do not care’ about ‘poorer people’ or the NHS. Now in No. 10, Cummings appears to be on a mission to change that – with a focus on applying the Johnson ethos of boosterism to healthcare. But what of Johnson’s old comments? A search of Cambridge’s student newspaper archive reveals that BoJo too has made some comments which could now be deemed off-message. In a 2000 interview with Varsity, the then editor of The Spectator discussed his decision to stand as the Conservative candidate for Henley. He told

Julie Burchill

It’s time for David Lammy to join the Tories

I’ve never voted Conservative and I never will. Having been raised in a working-class home, I can’t get past the fact that had the Labour party not come into being, the Tories would have kept my people serfs for as long as inhumanly possible. But I’m also an extreme Brexiteer; far from the past three years being boring (anyone who says this reveals themselves as such a monumental dullard that we should remove their right to vote), I consider that this nation spent the four decades up to 23 June 2016 sleepwalking into the shadowlands of EU dreariness — and disaster. Only a halfwit could fail to comprehend that the