Fraser Nelson is a Times columnist and a former editor of The Spectator.
It’s Ed Balls’ speech today, and he’s cleared it with Ed Miliband – a courtesy that Gordon Brown never extended to Tony Blair. He promises to introduce a new set of fiscal rules, which I’m sure will make the nation’s heart leap, given how well the last set of fiscal rules worked. But what jumps
I’ve just caught up with Ed Miliband on Marr this morning (transcript here) and his aim seemed to be burying Ed Balls’ complaint about cuts being too fast and too deep. In its place, he called for more growth. Here’s my take on his interview: 1) He doesn’t complain about cuts. “The basic message is
There are still rumours in Westminster that David Cameron will cut taxes to stimulate the economy, but the speech he gave to the Canadian parliament on Thursday rather scotches this idea. Here’s what jumped out at me 1) No Obama-style deficit-financed tax cuts, please, we’re British. “The economic situation is much more dangerous and the
There is a strange pre-Lehman feeling in the air right now: the idea that something awful is going to happen, but no one knows what or when. This is laden with political ramifications. The problem for the Tories last time was not that George Osborne had been caught aboard HMS Deripaska. The greater problem was
Today’s Lib Dem attack on their coalition partners comes from Chris Huhne, who rails against a “Tea Party tendency” in Conservatives sceptical of the European Union. His premise is that those who are hostile to the EU are a minority. It’s worth digging a little deeper here, because the opposite is true. If you believe that
Given that Vince Cable was once a lecturer in economics, it’s odd to see him feign ignorance over its basic concepts. Listen to his speech today.”There are politicians on both left and right who don’t [get it]. Some believe government is Father Christmas. They draw up lists of tax cuts and giveaways and assume that Santa
A new rule seems to have been adopted at Lib Dem conference: don’t mention Academies. The coalition’s greatest single success story – something David Laws and Michael Gove agreed on before the election – is being airbrushed out. A favourable reference to Academies taking on kids from deprived backgrounds was proposed for a conference motion,
That was a great wee speech by Nick Clegg. “We have only five ministers in the Cabinet,” he said. “Well, six if you include Ken Clarke.” His mission was quite tough: to go meet the membership of a party that had just lost half of its popular support, was spanked in an AV referendum, seen
If Nick Clegg has decided that he won’t run for re-election, what are the implications? Today’s Daily Mail serializes a book by Jasper Gerard about the party, where he claims Clegg told his wife Miriam that he’ll only do one term as Deputy Prime Minister. That makes sense. The Lib Dems will want to separate from
The strength of Coffee House lies in the quality of the arguments which follow our posts. Journalism today is about starting a conversation with readers, something we at The Spectator firmly believe in. So on Wednesday, we invited 250 subscribers around for a cup of tea. We have a wonderful garden here at 22
After all the nerves and security in New York, Washington and London, the only attempted terror plot on the anniversary of 9/11 appears to have been foiled outside an arts centre in Gothenburg. The Swedish press says that the four people arrested on Saturday night are believed to belong to a cell linked to al-Qaeda.
It’s time to warm up the printing presses. When growth evaporates and governments feel politically unable to cut spending or raise taxes, there’s only one tool left: printing more money. We can expect more of it soon. As James says today, Osborne believes he has created the conditions where the Bank of England can do
New York There’s an eerie mood in New York right now, as the city prepares to commemorate the tenth anniversary of the September 11 attacks. Al-Qaeda, or what’s left of it, likes anniversaries. The police have been on overdrive ever since a “credible” tip-off about an attempted truck bomb. Officers are everywhere. Armed guards patrol
When Tinker Tailor Soldier Spy opens next week, it is likely to have all the spooks in London flocking to the cinema. John Le Carré, who wrote the book and helped direct the film, created a wonderful, almost romantic world of British espionage — mental chess games played against deplorable, but often brilliant opponents in
Washington, DC The clue is in the name. A stimulus is supposed to stimulate, and Obama’s first attempt stimulated nothing more than the American national debt. So he’s trying again, with a $447 billion package (he’s careful not to call it a “stimulus”) in what will probably be his last roll of the pre-election dice.
So where were these 20 economists when Gordon Brown first set the 50p trap for George Osborne? Then, Brown’s gamble was that the Shadow Chancellor was a political strategist with little interest or expertise in economics, so he’d be unlikely to work out just how much the 50p tax would lose the Exchequer, or guess
Ken Clarke reveals today that three-quarters of convicted rioters aged 18 and over had previous convictions. Hence his term about a “feral underclass” – strong language, which politicians usually reserve for describing the media. But is this the whole story? One of the reasons that I wanted an inquiry into the riots, as Ed Miliband
As the Lib Dem conference approaches, we can expect some briefing from their spin doctors claiming to have “wrecked” all manner of Tory policies. It’s a petty and ugly phase of the coalition. Last year: nuptial bliss. This year: one partner throwing china at the other. The next phase is divorce, which is why I’m
You read it here first – four years ago. The Conservative Party looks like it will finally enact its plans to split, and the Scottish Conservatives will dissolve – at least if Murdo Fraser wins the leadership. The Sunday Telegraph has the news tomorrow: “Murdo Fraser, who is favourite to become leader of the Scottish Conservative and
At Coffee House, we do our best to serve up robust debate and solid ammo alongside it. So I’m delighted that Matt Cavanagh and Jonathan Portes were able to post their critiques of my posts on immigration. It is, we hope, the first of many high-calibre, well-argued and fact-rich outside replies we will run. Coffee