Steerpike is The Spectator's gossip columnist, serving up the latest tittle tattle from Westminster and beyond. Email tips to steerpike@spectator.co.uk or message @MrSteerpike
It seems that the Budget isn’t going down terribly well in the City. Ministers have been out on the airwaves, desperately insisting that Labour’s borrowing plans are fiscally credible. Yet the markets don’t appear convinced, with the cost of gilt yields spiralling. Given the need to reassure the international financiers, it looks sub-optimal then that
Sir Keir Starmer’s Labour party has not had the easiest time in government so far – and last night’s local by-election result will have done nothing to raise spirits. Nigel Farage’s Reform UK party snatched a council seat from the Labour lot, taking over a third of the vote in Wolverhampton’s Bilston North ward. Starmer’s
Well, well, well. It’s day three of the Budget and it appears that Rachel Reeves’s fiscal statement has begun to rather quickly unravel. Appearing on Sky News this morning was Chief Secretary to the Treasury. In a rather awkward interview, Darren Jones faced a grilling from Sky’s Wilfred Frost on just how much people in
First, it was the Chagos Islands. Then it was David Lammy’s visit. Now many in Westminster are asking: when it comes to China, where does this government draw the line? In recent weeks it has been reported that Labour is both dropping plans to classify Beijing’s treatment of Uyghur Muslims as a ‘genocide’ and is
For most Brits, there was little to celebrate in Rachel Reeves’s fiscal statement – but that didn’t stop Treasury staff from toasting the Budget. Just hours after the Chancellor delivered her 80-minute speech to MPs on Wednesday, Treasury aides made the short hop across St James’s Park to Westminster’s Two Chairmen pub. From 4 p.m.
The first full day post-Budget has not been a happy one. While Labour’s spinners are hard at work trying to convince the nation – and themselves – that Rachel Reeves’s fiscal statement was a success, real people across the country are reeling from Wednesday’s announcement. Mr S wrote yesterday about how leading figures in the
Casting his mind back to the election, Mr S recalls a heated debate about which party would raise taxes most. In the final televised debate before the national poll, Sir Keir Starmer was quick to accuse then-PM Rishi Sunak of ‘repeating a lie’ – that Labour were going to raise taxes by £2,000 per person.
The SNP’s Dear Leader has not had the smoothest 18 months since her resignation last year – what with the police probe into SNP finances, the exodus of members from her party and the nationalists’ staggering loss of support in the general election. But it’s not all bad news for Nicola Sturgeon. It has now
GB News has dealt with a number of Ofcom complaints in its time, but now things have become a little more serious. The media regulator has today announced that it plans to impose a whopping £100,000 fine on Gbeebies for ‘breaking due impartiality rules’ after it aired a pre-election interview with outgoing Tory leader and
Budget day has been and gone and this morning Rachel Reeves was expected on the media morning round to discuss the fallout from her fiscal statement. Only it appears that the Chancellor seems to think she has better things to do than speak to the usual selection of broadcasters about her tax-raising Budget the morning
Rachel Reeves’s fiscal statement has been and gone but the fallout from today’s Budget is still being assessed. One rather interesting element of the Chancellors’ speech this afternoon concerns the Labour government’s claim that the Conservatives left a £22bn blackhole in the economy after the party’s 14 years in government. Despite shadow chancellor Jeremy Hunt
At long last, the Conservative leadership race is about to come to an end. After four months of hustings, debates and backroom deals, voting ends tomorrow in the Tory membership round. Yet despite the ballot closing at 5 p.m. Thursday, the result will then not be announced until late Saturday morning. It has got some
There were few silver linings in today’s Budget announcement – but one measure the Labour lot are rather keen to harp on about is the cut to draught duty by 1.7 per cent. What exactly does this work out at? Er, a rather measly one penny off the cost of a pint. How very generous…
To the subject of office decor, with Rachel Reeves now in the spotlight for matters other than her Budget. It now transpires that the Chancellor has made some rather controversial alterations to her workspace’s wall art — in replacing a portrait of Margaret Thatcher’s chancellor with a founder of the, er, British Communist party. Good
Well, well, well. Budget announcements are meant to be made in the House of Commons chamber – yet despite all Sir Keir Starmer’s talk of ‘grown up politics’, his Labour government has opted to trail a number of announcements in advance of Rachel Reeves’s big speech. As Mr S wrote on Monday, Speaker Lindsay Hoyle
The Tory leadership contest has entered its final week and both finalists are ramping up their media appearances in a last ditch attempt to pick up votes. While she initially opted not to spend too much time on the airwaves, Kemi Badenoch has in recent days accepted more interview invites as concerns about voter turnout
It’s the great game obsessing all Westminster: who exactly constitutes a ‘working person’? During the election, Labour regularly said that the tax burden on ‘working people’ was too high. In the manifesto, the party again pledged to protect ‘working people’ from paying more. Now, ahead of a tax-raising Budget, various groups are discovering that while
There are now less than 24 hours until Budget day, and this morning Wes Streeting was sent onto the airwaves ahead of the Chancellor’s statement. The Health Secretary was in a fighting mood, however – particularly on the issue of VAT hikes on private schools. Quizzed by LBC’s Nick Ferrari about the tax plan, Streeting
While the Labour lot try and prepare the nation for Wednesday’s Budget announcement, the Prime Minister has had yet more bad news. According to one poll, Sir Keir Starmer has had the biggest drop in approval ratings after winning an election than, um, any new PM in modern times. Talk about a short honeymoon… Starmer
Sir Keir Starmer is known to detest leaks – but what about when it is the Prime Minister leaking himself? Watching Starmer’s big speech this morning, Mr S was perplexed to see the Labour premier confirming reports that his Chancellor intends to hike the national bus fare cap on Wednesday from £2 to £3. Shurely
