Ross Clark is a leader writer and columnist who has written for The Spectator for three decades. His books include Not Zero, The Road to Southend Pier, and Far From EUtopia: Why Europe is failing and Britain could do better
Amid the panic over the Indian variant this week it would have been easy to miss news that the Consumer Prices Index (CPI) more than doubled in a month, from 0.7 per cent in March to 1.5 per cent in April. That is still below the Bank of England’s 2.0 per cent target, but could
The government says it is ending a quarter of a century of the ‘fragmentation’ of the railways by gathering all mainline services into an entity called Great British Railways. That will please some critics of privatisation, but has the government actually renationalised the railways, as the unions, the Labour party and – to judge by
While the Indian variant continues to dominate the headlines, India itself seems to have dropped out of the news a bit. What is going on there? It was reported yesterday that India notched up a record number of Covid deaths on Tuesday – 4525 – which indeed was the record of any country during the
For the first half of the pandemic a simple investment rule would have served you well: buy anything that was being plugged as a ‘tech’ stock – and dump nearly everything else. Lockdown ushered in a new era in which everything would be done online, rendering the traditional bricks and mortar economy. Since ‘Pfizer Monday’
How well does prior exposure to the SARS-CoV-2 virus protect you against reinfection? It has been a hotly-debated subject since the first trickle of reported cases of reinfection with the virus began to be reported last spring. Now, a study involving 16,000 students from South Carolina has attempted to quantify the protective effect of natural
Greenpeace has been responsible for many a fatuous stunt over the years, but its latest video has a point. It shows an animated Boris Johnson making a speech outside 10 Downing Street, boasting about his government’s environmental achievements, like banning plastic straws. Meanwhile, plastic waste starts to rain out of the sky, engulfing the Prime
The ONS recorded a sharp recovery in economic growth in March. The Bank of England has already increased its forecast for the growth of the UK economy in 2021. Now comes more evidence of rapid growth. The quarterly CIPD/Adecco Labour Market Outlook, published today, shows a sharp rise in the number of organisations that are
Does the Indian variant of Sars-CoV-2, B1.617.2, have the capacity to escape vaccines? Is it really more transmissible than the Kent variant, and by how much? Those are the urgent questions which government scientific advisers are going to have to try to answer over the next week or two – and the answers will have
So is the ‘irreversible’ lifting of lockdown really irreversible after all? There is a grim echo of what happened last year in the sudden panic over the Indian variant of SARS-CoV-2. Yesterday, the Prime Minister said that he ‘rules nothing out’, following a meeting of the Sage committee over how to respond to the variant.
As we have often found with Covid-19, no sooner does a path seem to emerge out of the woods than the trees close in again. On Monday, the Prime Minister confirmed that the further relaxation of lockdown rules – including the reopening of indoor hospitality – would go ahead as planned next week. Daily totals
Rishi Sunak’s stamp duty holiday has been credited with reviving the property market and blamed for stoking house price inflation, but what has been its effect on the public purse? Remarkably, far from reducing receipts it has actually modestly increased them. In the first quarter of 2021 the public coffers swallowed one per cent more
So, the third wave is officially no more. New modelling by SPI-M, the government’s committee on modelling for pandemics, has, at a stroke, eradicated the predicted surge in new infections, hospital admissions and deaths which it had pencilled in for the autumn or winter as a result of lockdown being eased. Previous modelling published in
When you are on the side of global enlightenment, the standards of proof required for your assertions tend to be somewhat lower. This perhaps explains why Meghan Markle’s comments during an event called the Global Citizen’s Vax Live concert were so widely reported yet so little challenged by the usual army of self-appointed ‘fact-checkers’ who swoop
Last week the Bank of England increased its forecast for economic growth in 2021 from 5 to 7.25 per cent. Now comes more evidence of an economic recovery that is gathering pace, in spite of many lockdown measures still being in place. A UK report on jobs compiled by KPMG and REC, which uses data
There are two popular reactions to the Hartlepool by-election, which one you favour depending largely on your political tribe. The first holds that the white working class has reacted against a woke, metropolitan Labour party and its knee-taking leader, Keir Starmer. The second holds that the town’s racist and xenophobic population are still fearful that
Is there any television programme as cruel as Grand Designs? At least Jeux Sans Frontieres only offered 15 minutes of humiliation at a time. Grand Designs, by contrast, offers a lifetime’s worth, often with bankruptcy and divorce thrown in. But none have come quite such a cropper as Edward Short who, in 2008, paid £1
Registered Covid deaths fell to just one on Monday, leading many to comment that the epidemic in Britain is effectively over. One day’s statistics don’t mean an awful lot, especially over a bank holiday, but what about the wider picture? Over the UK as a whole, there have been 90 deaths over the past seven
Did we end up learning anything from the 2008/09 financial crisis? If we did, we seem to have forgotten it pretty quickly again, to judge by the re-emergence of the 95 per cent mortgage. Numerous deals have been launched over the past week, with interest rates of around four per cent – the result of the Chancellor’s
As if Covid hadn’t caused a big enough disruption to the economy and investors, along comes another shocker: the government’s announcement of an even-tighter target for reducing carbon emissions. Britain has now been put on a legally-binding commitment to reduce carbon emissions by 78 per cent on 1990 levels by 2035. What does it mean for
We’ve known from the data from phase three trials that the Pfizer and AstraZeneca vaccines have good efficacy against symptomatic cases of Covid-19. The data also hinted at near 100 per cent efficacy against serious illness, although the limited numbers of participants made it hard to be sure. This morning, however, comes real world data
