Kate Andrews is deputy editor of The Spectator’s World edition.
America’s economy has officially recovered to its pre-pandemic levels, as Q2 GDP figures saw an annualised increase of 6.5 per cent. This is a positive update, on the face of it, but that’s more or less where the good news stops. The country’s GDP figures have come in notably below the consensus of what was
Alongside the UK’s latest step in reopening, optimistic forecasts have been rolling in concerning the economy’s timeline for returning to pre-pandemic levels. This morning, we got another positive indication that businesses are resuming normal operations. The latest update on furlough figures shows 1.9 million workers are still on the scheme as of the end of
As the government continues to put forward an extremely cautious narrative about re-opening, more evidence emerged today that the economy is surging ahead. The International Monetary Fund has once again upgraded its forecast for Britain’s growth this year: its April prediction of 5.3 per cent growth in 2021 has now been revised upward to 7
40 min listen
Responsible for 17 per cent of the UK’s carbon usage, government will be looking to the private sector to reduce its emissions in the years to come. But what does it really mean for a business to achieve ‘net zero’? Should companies – and their sectors – account only for their direct emissions, or must
23 min listen
It’s our first ‘freedom’ weekend, but it was only a few weeks ago when our own Fraser Nelson and Kate Andrews clashed heads over the most sensible way to open up. Kate thought we should stick to the 21st of June, Fraser argued that the later opening date made sense. Now it’s time to see
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Daily cases have fallen again today, leading to cautious optimism that – perhaps – cases in this exit wave have peaked. Cindy Yu talks to Katy Balls and Kate Andrews.
Well, that didn’t take long. Two days ago, a leaked report revealed that the government was considering using a national insurance tax hike to pay for the NHS backlog and social care. Now it looks as though the money could be diverted elsewhere. The anticipated increase of at least one per cent on national insurance would transfer an additional
34 min listen
How free are we after freedom day?(00:27) Also on the podcast: Why does it take hours to refuel your car in Lebanon?(10:19) and finally… Is British gardening wilting or blooming?(21:21) With The Spectator‘s economics editor Kate Andrews, Michael Kill, CEO of the Night Time Industries Association, journalists Paul Wood and Tala Ramadan, author James Bartholomew
For most of this year, Boris Johnson’s proudest boast has been that Britain had the fastest vaccine rollout of almost any country in the world. The jabs were seen as our passport to freedom and the end of restrictions. Early indications among both old and young suggested similar excitement to get vaccinated. When Twickenham stadium
The tax burden in the UK is nearing a 70-year high — but that’s not stopping ministers from mulling over plans to hike taxes further. According to reports this morning, Boris Johnson and Rishi Sunak are close to agreeing an increase to national insurance to help address the NHS backlog (five million patients in England,
Poor Robert Jenrick. This morning we learnt that, like the rest of the public, the housing secretary (and his department) is not signed up to the exclusive pilot scheme that was set to allow Boris Johnson and Rishi Sunak to skip quarantine. If Jenrick gets pinged, the rules will apply to him, just as they
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The government has been advised by Henry Dimbleby, founder of LEON food chain, to introduce a new tax on sugary and salty foods. While the Prime Minister has distanced himself away from the proposal, it has caused a lively debate in The Spectator‘s office. Tune in to hear Fraser Nelson, James Forsyth and Kate Andrews
The world of coronomics continues to surprise us. Last summer forecasters warned of a wave of redundancies after the biggest economic crash in 300 years. Peak unemployment — spurred on by lockdowns — was expected to near 12 per cent, ushering in a new era of chronic financial pain and instability for millions of workers.
Inflation is on the rise again. For the third consecutive month, the Consumer Prices index outpaced the forecasters’ consensus, landing at 2.5 per cent in June, up from 2.1 per cent in May. It’s not just that inflation is overshooting expectations that should trouble us, but that its pace of growth is so fast: at the
56 min listen
The way the City of London measures success is constantly changing. A new generation of discerning consumers has skyrocketed the importance of environmental, social, and corporate governance (ESG) to company decision-makers. The finance sector is increasingly being seen as the next frontier in climate action. As the City navigates the post-Brexit landscape and our pandemic
Shortly before Boris Johnson and Keir Starmer were slugging it out in PMQs — debating whether the mass-lifting of restrictions on 19 July is indeed a good idea — the Office for National Statistics released their latest antibody survey, the details of which support the Prime Minister’s argument for reopening. It is now estimated that
At yesterday’s press conference, Boris Johnson announced that his government was shelving plans for domestic ‘Covid certificates’ (i.e. vaccine passports), at least for the time being, although this won’t stop private businesses or venues from deciding to use them. We also learned today that it won’t stop the creation of a two-tier system (as Lara Prendergast warned
Could the NHS backlog be even worse than we feared? It’s been reported that the pandemic has pushed a total of five million people onto NHS England waiting lists. But speaking to BBC Radio 4 on Tuesday, health secretary Sajid Javid revealed a new figure, which was not previously in the public domain: As a fresh
The furlough scheme begins to wind down today, as employers will now pay 10 per cent of their staff’s salaries, while the government continues to stump up 70 per cent of their wages. Employees won’t notice a change to their income, which will still be 80 per cent of their monthly wage, with a cap
How much trouble is Matt Hancock in? The Sun splashes this morning on the Health Secretary’s affair with aide Gina Coladangelo. The paper has obtained screen grabs from leaked Whitehall CCTV footage showing very little the way of social distancing. The images are from the start of May, when laws were still in place to
