With the savings of the nation languishing around 1%, it’s no surprise that UK consumers are turning to increasingly creative ways to make their money work that little bit harder. Even with the arrival of a plethora of savings-focused banks such as RCI Bank, the savings horizon remains bleak for those yearning for the good
The motorheads are at it again. The Society of Motor Manufacturers and Traders (SMMT), the UK auto manufacturers lobby group, lobbed another rusty torque wrench at the government this morning, announcing that UK new car registrations are down 11.2 per cent year-on-year. The decline is led by a collapse of nearly a third in sales
Buy-to-let property is still a popular investment choice for those who can afford it. Here are the best 5-year fixed rate mortgages on the market at the moment. Data supplied by moneyfacts.co.uk
‘Productivity’ is one of those ‘economicky words’ (as Philip Hammond described them in the budget last week) that economists and politicians get excited about but leaves many people cold. Yet since last week’s downgraded forecasts from the Office of Budget Responsibility, it is a word we keep hearing in the news. And rightly so. As
Proven lawyers Sir: Andrew Watts says that for ‘lawyers in politics, the elimination of risk becomes the highest aim of government. It is not, and should not be’ (Legal challenge, 25 November). Well, up to a point. The last two British prime ministers who were lawyers were Margaret Thatcher and Tony Blair, both barristers. Mrs
Pit stopped After complaints from the Durham Miners’ Association, a rugby club at Durham University cancelled a pub crawl in which members were to dress as coal miners or ministers from Mrs Thatcher’s government. — Attitudes towards the 1984-85 miners’ strike were not always so censorious. In 2001, the conceptual artist Jeremy Deller staged a
There will be howls of outrage in some quarters if it is confirmed that the government has offered the EU a ‘divorce’ bill of up to £50 billion (over several years). Some on the leave side of the debate insist that the bill should be zero. They ask: does the EU not owe us some
Home The engagement was announced of Prince Henry of Wales, aged 33, and the Los Angeles-born Meghan Markle, an actress aged 36. They are to marry at St George’s Chapel, Windsor, in May. Ms Markle scotched rumours that she might be a Catholic, declaring herself a Protestant preparing to be baptised into the Church of
The unclued lights are COMPUTING terms. First prize D.A. Henderson, Almonte, Ontario, Canada Runners-up Robin Muir, Compton, West Sussex; Ian Shiels, Bramley, Leeds
From ‘Comrades of the great war’, The Spectator, 1 December 1917: Eventually all will be over, even the shouting; and some five million heroes will become to the general eye merely plain men with their living to earn… The real force, we are convinced, that will carry the ex-sailor and ex-soldier with ease and content
There will be howls of outrage in some quarters if it is confirmed that the government has offered the EU a ‘divorce’ bill of £50 billion or so. Some on the leave side of the debate have insisted that the bill should be zero. They ask: does the EU not owe us some money for our
A Royal engagement is dominating the headlines once again. Here is how The Spectator has marked royal engagements over the years, from Prince Albert’s 1839 proposal to Queen Victoria, through to Prince Charles popping the question to Diana in 1981: 30 November 1839: Queen VictoriaNow that it is certain the Queen has done with declining and is
With Robert Mugabe’s departure goes one of the caricatures of late 20th-century Africa: the tinpot dictator who brutalises his opponents, impoverishes his people yet manages to extract enough wealth from a decaying economy for a fleet of Rolls-Royces and a private jet to speed him off to private medical appointments in Singapore. But his long-overdue
The medium is the message Sir: In his piece about the tech-savvy Labour party, Robert Peston writes: ‘A party’s values and messages matter. But in today’s digital Babel, they are probably less important than how the message is presented and to whom it is communicated’ (‘Corbyn 2.0’, 18 November). Some of your readers may remember
Enduring love The Queen and Prince Philip celebrated their 70th wedding anniversary. They are not the first public figures to reach this milestone — former US president George H.W. Bush and his wife Barbara did so in 2015, while the UNO Center for Public Affairs has calculated that around 40,000 American couples have been married
Home The cabinet, including Boris Johnson and Michael Gove, agreed that the European Union would have to be offered something like £40 billion in the fond hope that at the summit on 14 December it would agree to start talking about a trade agreement. Michel Barnier, the EU negotiator, made a speech reminding the City
Philip Hammond began his first Budget, in March, by playing down its importance — for his big ideas on fiscal policy, he suggested we would have to wait until the autumn. It was a wait which was very nearly extended to eternity as he narrowly avoided losing his job in a post–election reshuffle. We found
Four types of CAKE (37) were given UPSIDE-DOWN (5): 10D, 20D, 31D and 33D. Four other types of cake were TIPSY (14), i.e. anagrams: 26A (éclair); 40A (Madeira); 7D (Sachertorte); 30D (Dundee). First prize Wendy Atkin, Sleaford, Lincolnshire Runners-up Rafe Magrath, London SW13; Neil Mendoza, London W11
Mishal Husain: Let’s start with that economic picture. Do you agree with what the OBR said about growth; essentially that we’ll be poorer for longer, and about productivity? John McDonnell: I have to, based upon the information that they’ve arrived at that judgement. I think it’s something that we’ve been pointing out for a number
From 12 July 1828: The Chancellor made his financial statement on Friday, in a style of candour and clearness which pleased all men. Its substance was this: that the state of the revenue is flourishing; that there will neither be new taxes imposed nor old ones reduced; and that the sinking-fund shall be limited to