Fraser Nelson

Fraser Nelson

Fraser Nelson is a Times columnist and a former editor of The Spectator.

America continues to unravel

The humbling of America — the cover theme of this week’s Spectator — continues with S&P stripping Uncle Sam of his AAA credit rating. The debt downgrade, it says, “reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary

Brown still hovers over the 50p tax debate

A number of papers report today that George Osborne is minded to replace the 50p tax with Gordon Brown’s original proposal: a 45p tax. How the ex-PM will be laughing. As he knows, even the 45p tax will lose money — that’s why Labour didn’t raise the top rate until the final four weeks of

What you need to know ahead of tomorrow’s growth figures

By now, George Osborne will have seen tomorrow’s GDP figures and I suspect will be having a mid-afternoon whisky. Ed Balls will be warming up for his demands for a Plan B. “Austerity isn’t working,” he’ll say — and will doubtless tour TV studios with his usual bunch of dodgy assumptions which he hopes broadcasters

Save Gobby

Yesterday’s appalling breach of House of Commons security has made the authorities furious – at the person who helped to bring the pictures to the world. He is Paul ‘Gobby’ Lambert, the BBC fixer who owns the voice you normally hear shouting questions at politicians as they prowl about Westminster. Gobby is known and loved by the best MPs, but

Crouching Tiger, Slapping Wendi

All hail, Wendi Deng. It took her a split second to attack the guy hurling a pie at Rupert Murdoch, slapping so hard that the sound was picked up by the cameras. According to the BBC’s Nick Robinson she then started shouting “I got him, I got him.” First tiger mums, now tiger wives. “Mr

Shaking our faith in money

Addictive though the hacking inquiry is, the average Brit is probably more worried about the slow decimation of his spending power at a time when salaries are flat. Against this backdrop, the price of gold today has broken $1,600 an ounce.  With inflation and the Fed’s printing presses whirring, faith in paper money is taking

A blow to an already struggling industry

  British newspapers are haemorrhaging readers and influence, and next Sunday we will see just how much this process has accelerated. That day’s newspapers will — I’m sure — all be making some kind of pitch to orphaned News of the World readers. When Today closed, there was a similar scramble (“Welcome to your place

End of the World

The last edition of the News of the World is now out, saying “Thank You & Goodbye”. The first-ever issue of the newspaper (above) is on my wall at home and I’m struck by the consistency. Its mission statement says it aims “to give to the poorer classes of society a paper that would suit

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Pushing back at Brussels

The most striking thing about David Cameron is how well rested he looks. You wouldn’t guess that he was the father of a ten-month-old baby, let alone Prime Minister. He has no bags under his eyes — unlike his staff. He also seems relaxed. He jovially beckons us in to his Downing Street office and

A toast to the first Spectator (and to CoffeeHousers)

It’s The Spectator’s summer party today, and in a rather important year. It was exactly 300 years ago that Joseph Addison & Richard Steele first published the earliest incarnation The Spectator. This blog is named for the coffee houses that had sprung up all over London at that time — the original destinations for The

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Web exclusive: Extended interview with David Cameron

We interview David Cameron for today’s issue of The Spectator. Here’s an extended version of that interview for CoffeeHousers: The most striking thing about David Cameron is how well rested he looks. You wouldn’t guess that he was the father of a ten-month-old baby, let alone Prime Minister. He has no bags under his eyes

Barroso’s EU confidence trick

Say what you like about Jose Manuel Barroso, he’s a wily old card. The European Commission president makes public demands for Britain to surrender its rebate in European Union membership fees. The government refuses. Then, hey presto! Headlines suggesting that Brussels has been seen off. “Brussels bribe to buy off UK rebate,” says the Daily

Osborne’s voteless recovery?

This is a strange old recovery. The News of the World has an interesting ICM poll today, showing that 66 per cent think the economy is getting worse. It’s not: GDP is growing and we have the second-highest job creation in the G7. Rather than losing jobs to China, we’re flogging Coventry-made Jaguars to Beijing

Strike and counterstrike

For years, David Cameron has known that he would have to fight the trade unions and that the outcome of the battle would define his premiership. But neither side expected to fight so soon. The unions had intended to wait until the cuts would be at their deepest and the government was at its least

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Poverty porn

British poverty is normally a subject for comedy, rather than documentary. Scotland gave the world Rab C. Nesbitt with his string vest and indecipherable accent. Channel 4 had Shameless, the capers of a family ruled by drink and drugs. The BBC has now brought us the real thing: The Scheme (BBC1, Tuesday), a fly-on-the-wall portrayal

Breaking strikes

Shortly before Michael Gove organised a strike for journalists in Dundee, I crossed a school picket line with my mum, a teacher at my local school (Nairn Academy). She was a member of a teaching union, the PAT, that didn’t believe in strikes, so when the school closed the two of us went in. It

Tax versus philanthropy 

I was on the panel of Any Questions last night in Saltaire, the most beautiful town I’ve seen outside of the Highlands. Jonathan Dimbleby always warms everyone up with a test question, which lets the panelists make their mistakes early. The first question was this: the town of Saltaire was founded by a philanthropist, Sir

The myth of cuts

Last week, Ed Balls warned against the effect of George Osborne’s vicious, front-loaded cuts. Today, we have an update in the form of monthly state spending figures. In cash terms, a new record has been set in state largesse. The UK government’s current spending was £51.7 billion in May, up from £50.6 billion in May

The limits of stigma

As James says, it’s been a day of high passions here at The Spectator. He feels strongly that many of the problems in Britain are societal, and require a cultural shift. Maybe so. I disagree with James when he says a Prime Minister’s role is to “lead society”. I disagree. We pay him to run

Cameron takes on bad dads

It’s Fathers’ Day today — and David Cameron is marking it with an extraordinary attack on those dads who are AWOL. It comes in one paragaph of an otherwise excellent and moving piece for the Sunday Telegraph (albeit one that downplays the role of the taxman), in which he says that men leaving their family