James Forsyth is former political editor of The Spectator.
Today’s inflation figures bring more good news for the government. CPI inflation is now down at 1.7 per cent, the lowest rate in four years and below the Bank of England’s target – so making it less likely that interest rates will rise before the next election. Inflation as measured by RPI is 2.7 per
The changes that George Osborne announced to pensions yesterday were so big that there was always going to be a backlash. Sure enough, the IFS and various others have today voiced concerns about the scheme. The essential complaint is that if you let people take charge of their own pension pots, they might spend their
[audioplayer src=”http://traffic.libsyn.com/spectator/TheViewFrom22_20_March_2014_v4.mp3″ title=”Fraser Nelson, James Forsyth and Isabel Hardman discuss the 2014 budget” startat=749]The old Budget traditions are dying off. No Chancellor has observed Budget purdah, the tradition of not speaking about the economy for two months beforehand, since Norman Lamont. These days, the Chancellor even appears on the BBC on the Sunday before the
The most obvious beneficiaries of George Osborne’s savings package are pensioners. They now can buy government bonds with an interest rate of 2.8% for an annual bond and an annual rate of 4% for a three year bond, making up for how low the Bank of England base rate is. But it is not just
The Budget today contained a host of measures that’ll benefit the silver savers; those in, or coming up to, retirement. From January next month, pensioners will be able to buy pension bonds that offer a 2.8 per cent interest rate for a one year bond and a 4 per cent annual rate for a three
Both coalition parties remain scarred by the political potency of Ed Miliband’s pledge to freeze energy prices. They are determined to do what they can to stop this issue gaining salience again. So, it is telling that Ed Davey and Michael Fallon have both personally signed up to The Big Deal, a new initiative designed
George Osborne was on Andrew Marr this morning announcing support for a new garden city at Ebbsfleet in Kent and the extension of Help to Buy on new build homes until 2020. The Tories hope that these policies will show both that they are planning for the long term and that they are supporting aspiration.
[audioplayer src=”http://traffic.libsyn.com/spectator/TheViewFrom22_13_March_2014_v4.mp3″ title=”James Forsyth discusses Gove vs Boris” startat=722] Listen [/audioplayer]From the moment he took his job, Michael Gove knew that he would make energetic and determined enemies. The teachers’ unions, local councillors and even his own department all stood to lose from his reforms — and all could be expected to resist them. What the
School reform is economically essential for Britain’s future success, morally necessary for a fairer, more socially mobile society and politically essential for a centre-right party that wants to show that it is about spreading privilege not defending it. This is why Michael Gove’s agenda is so important to the Tories and their future success. Gove
With David Cameron in Israel today, it was the deputies’ turn at PMQs. These Clegg/Harman sessions are, by now, thoroughly predictable. Harman attacks the Lib Dems as the Tories’ accomplices while Clegg gets stuck into some spirited Labour-bashing. listen to ‘Clegg and Harman at PMQs’ on Audioboo
This must count as the most bizarre government decision in a long time. But from 31 March, Powys County Council will take over the Office for Fair Trading’s role as the lead enforcement body for all UK estate agents. When I was first told this, I assumed it was a joke. Powys County Council might have
The longer the Scottish referendum campaign goes on, the more I fear for the long-term future of the Union. I suspect that the pro-Union campaign will win this September, but the way in which they will do this is storing up problems for the future. The pro-Union campaign has, so far, concentrated on two messages:
The Tory leadership is not best pleased with James Brokenshire, the Immigration Minister whose ill-judged speech turned a media spotlight onto the Cameron’s nanny. There are mutterings in Downing Street about the speech having being submitted for clearance very late. But Number 10 can’t escape its share of the blame for this fiasco. First, the
As Patrick McLoughlin makes clear in his interview with The Spectator, Sir Howard Davies’s report on where in the south east new runways should be built will be published soon after the next election. The plan is that the new runways will then be approved and construction under way by 2020; meaning that there’ll be
It was, perhaps, inevitable that heading to interview the Transport Secretary I would end up stuck in traffic — so by the time I reached Patrick McLoughlin’s office, I was running a few minutes late. The normal punishment for tardiness is to be left languishing outside a minister’s office. But McLoughlin does things differently. When
In an interview with The Spectator this week, the Transport Secretary Patrick McLoughlin admits that HS2 will not have been approved by parliament before the next election. This invites the question, will HS2 become an election issue? Both Ed Balls and Andy Burnham have made forays against HS2 in recent months. But both have been
Six questions from Ed Miliband on Ukraine resulted in a calmer, more discursive PMQs than normal. Though I suspect that the headlines will be grabbed by Samantha Cameron’s presence in the chamber. In response to Miliband’s questions, Cameron indicated that he expected to boycott the G8 meeting in Russia saying that it was ‘hard to
A dramatic Cabinet this morning as the Tories ambushed the Lib Dems over the contents of the Queen’s Speech. First, Cameron took them by surprise by demanding that a recall bill be included in the speech. This was quite a slap to the Liberal Democrats seeing as just last month they were publicly blaming Cameron
Jaw-dropping news tonight: the Daily Mail’s James Chapman reveals that Patrick Rock, the deputy director of the Number 10 policy unit and a long-serving political ally of David Cameron, has resigned after being arrested on child porn charges. Rock was one of Cameron’s Downing Street fixers. The two had worked together as SPADs to Michael
In Ukraine, the West has played—quite disastrously—into Vladimir Putin’s hands. The mistakes go back almost a decade. But the most recent one occurred when protesters took to the streets to oppose the Yanukovych government. The West, by which I mean Nato and the European Union, should have made clear that whatever sympathies they had with