Michael Simmons is The Spectator's economics editor
15 min listen
Since the government’s decision to proscribe the group Palestine Action, arrests have mounted across the country, raising questions not only about the group’s tactics but also about the government’s handling of free speech and protest rights. On today’s special edition of Coffee House Shots, Michael Simmons is joined by The Spectator’s James Heale and journalist
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On this week’s Spectator Out Loud: Svitlana Morenets says that Trump has given Zelensky cause for hope; Michael Simmons looks at how the American healthcare system is keeping the NHS afloat; Ursula Buchan explains how the Spectator shaped John Buchan; Igor Toronyi-Lalic argues that art is no place for moralising, as he reviews Rosanna McLaughlin;
Britain is slowly drowning in debt. Figures just released by the Office for National Statistics (ONS) show that in the financial year to July the state had to borrow £60 billion to tread water. That’s £6.7 billion more than by July last year and the third highest borrowing total for this period of the year
‘A friend of mine who’s slightly overweight, to put it mildly, went to a drug store in London,’ Donald Trump said aboard Air Force One. Earlier he had told reporters: ‘He was able to get one of the fat shots. “I just paid $88 and in New York I paid $1,300. What the hell is
Inflation is up again. CPI climbed to 3.8 per cent last month – up from 3.6 per cent in July, now well above the 2 per cent target that the Bank of England no longer seems all that bothered about missing. It throws fresh doubt on the wisdom of the Bank’s decision to cut rates
Yesterday’s stronger-than-expected GDP growth raises questions for the Bank of England. Second quarter growth came in at 0.3 per cent (0.2 per cent per Brit) propped up by a strong 0.7 per cent in June alone. The rest of the national accounts however, paint a worrying picture when it comes to inflation. The GDP deflator
Britain’s is growing, albeit sluggishly. Figures just released by the Office for National Statistics (ONS) show the economy grew by just 0.3 per cent in the second quarter of the year – a sharp slowdown from the first three months, when growth was 0.7 per cent. ‘The economy was weak across April and May,’ the
Nicola Sturgeon gets an easy ride with the English media. This weekend, with a book to flog and an image to launder, we’ve had to endure another round of interviews with the former first minister. And what have we learnt? Her sexuality is ‘non-binary’; she has ‘famed emotional intelligence’; she handled Covid better than Boris;
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Some excitement on Threadneedle Street today after the Bank of England cut interest rates to 4 per cent. The Bank’s Monetary Policy Committee (MPC) has just voted five to four – after a revote – for what is the third cut this year. This takes interest rates back down to levels not seen since the
The Bank of England has cut interest rates to 4 per cent. Threadneedle Street’s Monetary Policy Committee (MPC) has just voted five to four, after a revote, for what is the third cut this year. This takes interest rates back down to levels not seen since the beginning of 2023. Concerns about an increasingly slack
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The Spectator and Douglas Murray have comprehensively won a defamation case brought by Mohammed Hegab. Hegab, a YouTuber who posts under the name Mohammed Hijab, claimed that an article about the Leicester riots, written by Douglas Murray and published by The Spectatorin September 2022, caused serious harm to his reputation and led to a loss of earnings.
The Chancellor’s black hole is getting bigger and tax rises are coming. That’s the judgement of the National Institute of Economic and Social Research (NIESR) whose model of the UK economy has forecast she must find £50 billion of revenue or cuts if she’s to return to the £9.9 billion of fiscal headroom she left
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Is the Online Safety Act protecting children – or threatening free speech? Michael Simmons hosts John Power, who writes the Spectator’s cover piece this week on how the Act has inadvertently created online censorship. Implemented and defended by the current Labour government, it is actually the result of legislation passed by the Conservatives in 2023
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John O’Neill and Sam McPhail, the Spectator’s research and data team, join economics editor Michael Simmons to re-introduce listeners to the Spectator’s data hub. They take us through the process between the data hub and how their work feeds into the weekly magazine. From crime to migration, which statistics are the most controversial? Why can’t
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On this week’s Spectator Out Loud: Michael Simmons argues that Trump is winning the tariff war with China; Kapil Komireddi reviews Robert Ivermee’s Glorious Failure: The Forgotten History of French Imperialism in India; Margaret Mitchell watches a Channel 4 documentary on Bonnie Blue and provides a warning to parents; David Abulafia provides his notes on
Stockholm This week, the fate of the global economy could have been decided over a Mongolian barbecue in a Stockholm tourist trap. On Tuesday, just 50 yards from Sweden’s seat of government, Rosenbad – where the US Treasury Secretary Scott Bessent and the Chinese Vice Premier He Lifeng had been wrangling over trade negotiations –
Stockholm, Sweden The United States and China have concluded two days of trade negotiations in Stockholm without reaching an agreement to extend the truce in their ongoing trade war. Shortly after the talks ended, US Treasury Secretary Scott Bessent, who led the American delegation, told reporters that any decision to extend the current 12 August
The UK has finally signed a free-trade deal with India after three-and-a-half years of negotiation. The agreement will open up trade for cars, whisky, clothing and food products, with ministers claiming it will boost the British economy by £4.8 billion. For Keir Starmer, it offers much-needed economic and political good news. For Indian prime minister
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As MPs depart Westminster for parliamentary recess, The Spectator’s political sketch writer Madeline Grant joins Natasha Feroze and economics editor Michael Simmons to talk about how to sketch PMQs and why Keir Starmer makes for the best sketches. Also on the podcast, Michael Simmons looks at the promising FTSE at record high following Trump’s trade
Britain is continuing to chuck billions onto our mounting pile of debt. Figures just released by the Office for National Statistics (ONS) show that last month the state had to borrow just under £21 billion. That was £6.6 billion more than in June last year and the second-highest June borrowing total since records began 32 years ago.
