Home Public borrowing will exceed previous forecasts by £5 billion this year, £19 billion next year and £30 billion in 2013-14, George Osborne, the Chancellor of the Exchequer, said in an Autumn Statement delivered under dark clouds. The ratio of debt to GDP would rise to a peak of 78 per cent in 2014-15. He
It was a reasonable guess that, once the government had appointed a group of the great and good to investigate the summer riots, somehow we would all have to share the blame. It is a central tenet of liberal Britain that while criminals may share some of the blame for the acts which they perpetrate,
Here are some of the posts made on Spectator.co.uk over the past week: The Autumn Statement Fraser Nelson says that, with growth evaporating, Osborne’s chosen more debt over more cuts. Peter Hoskin points out that the dreary forecasts might actually be far too optimistic. James Forsyth thinks Osborne did well considering the situation, and still has
A brief post to alert CoffeeHousers to The Spectator’s carol concert, which is taking place next Wednesday in the beautiful St Bride’s Church on Fleet Street. It promises to be a suitably Christmassy affair. There will be carols from the choir of St Bride’s; readings from Jeremy Clarke, Rod Liddle, Rory Sutherland and the Mary
Welcome to the latest CoffeeHousers’ Wall. For those who haven’t come across the Wall before, it’s a post we put up each Monday, on which — providing your writing isn’t libellous, crammed with swearing, or offensive to common decency — you’ll be able to say whatever you like in the comments section. There is no
…here are some of the posts made at Spectator.co.uk over the weekend. Fraser Nelson says that Osborne and Balls are like wrestlers, putting on a show but doing no real fighting. And on the Arts Blog, he picks his ten favourite cover versions. James Forsyth reports that the Tories are getting fed up with the Lib
Economy pack Sir: Of your ten suggested remedies for the UK economy (‘Get it right, George!’, 19 November), not one mentions the obvious answer: recognise that communications technology is transforming every business and social model on the planet and accelerate Britain’s dozy and halfhearted commitment to invest in its communications infrastructure — broadband and mobile.
Cook’s recipe Shares in Thomas Cook fell 60 per cent after the tour operator entered talks with its banks. — The company’s name has been synonymous with package tours since 1841, when Leicester cabinet-maker and temperance campaigner Thomas Cook took 500 supporters on a day trip to Loughborough on the newly opened railway line for
