The Spectator

Where does ‘helicopter money’ come from?

Taking off Who came up with the concept of ‘helicopter money’? — The term is derived from an essay in 1969 by the economist Milton Friedman, who suggested a theoretical experiment where a helicopter flew over a community suffering from low growth and dropped $1,000 of banknotes which were then eagerly collected by the residents

Letters: The perfect song to wash your hands to

British science Sir: Dr Fink is right that the UK bats well above its weight through curiosity-driven research (‘Back to basics’, 14 March). This forms the bedrock of scientific progress, but it is misleading to imply that ‘blue skies’ thinking and practical application are mutually incompatible. Should we not nurture both? In this way the

2446: Spring time solution

The omitted letters reveal SATURDAY THE TWENTY-NINTH OF FEBRUARY TWENTY TWENTY. First prize Lewis Osborne, Newton Mearns, Glasgow Runners-up G.H. Willett, London SW19; Ian Graham, Holt, Norfolk

The Spectator launches new website to mark its 10,000th issue

Today The Spectator launches a new website, designed to showcase its world-class journalism, popular podcast channels and 24/7 news coverage and commentary. The website has been designed in advance of our 10,000th issue, as The Spectator – the oldest magazine in the word – becomes the first publication in history to reach this milestone The

Is Boris about to abandon his own debt rules?

It’s always tempting for governments to respond to economic trouble with a debt-fuelled spending splurge, but it’s a notoriously blunt tool. The root of the current problem is not financial panic but a rational response to the coronavirus. People are travelling less, staying away from shops and the workplace, delaying various projects, and they will

Letters: The BBC licence fee is an anachronism

Coronavirus predictions Sir: While precautionary advice regarding the coronavirus should be followed, Ross Clark is right (‘Feverish imaginations’, 29 February) to urge an open mind on the doomsday predictions which are edging us towards panic. In 1996 the then government’s chief scientific adviser, Professor Kenneth Calman, predicted that 500,000 people could die within a few

2445: in other words II

41/1A/10 is MISQUOTATION. 1D/24/33, 15, 34, and 38/16D are examples of common misquotations. First prize Dianne Parker, Dover, KentRunners-up Vincent Clark, Frant, East Sussex; Robin Vick, Harrow on the Hill, Middlesex

The great Tory Budget giveaway

It’s always tempting for governments to respond to economic trouble with a debt-fuelled spending splurge, but it’s a notoriously blunt tool. The root of the current problem is not financial panic but a rational response to the coronavirus. People are travelling less, staying away from shops and the workplace, delaying various projects, and they will

Full text: Rishi Sunak’s Budget statement

Rishi Sunak unveiled his first Budget today. The Chancellor has promised a £30bn war chest for tackling coronavirus. There is also £6bn of new funding for the NHS, a new £2.5bn pothole fund and £5.2bn for flooding defences. Here is his full speech: I want to get straight to the issue most on everyone’s mind–

Budget 2020: as it happened

Rishi Sunak has unveiled his first Budget. The Chancellor has promised a £30bn war chest for tackling coronavirus. There is also £6bn of new funding for the NHS, a new £2.5bn pothole fund and £5.2bn for flooding defences. Here are the main headline announcements: A promise to increase public spending by 2.8 per cent – the OBR says

Full text: Labour’s suspension letter to Trevor Phillips

News broke this morning that the former head of the Equalities Commission Sir Trevor Phillips had been suspended from the Labour party over allegations of Islamophobia. Phillips has spent his career documenting the realities of race and integration in British life.  The think tank Policy Exchange has now released the correspondence between Sir Trevor and

The Tories cannot afford a war with the civil service

Thirteen years ago, when John Reid became Home Secretary, he declared the ministry he presided over ‘not fit for purpose’. He was talking about border control but he might well have been referring to the department in general. When Theresa May became PM, things at the Home Office went from bad to worse. Her paranoid

Barometer: Is climate change making the weather more windy?

Heathrow’s nine runways When was a third runway for Heathrow first proposed? Heathrow was always planned to have multiple runways. On 10 April 1946, before the airport was even open, the Minister for Civil Aviation, Lord Winster, announced that the then London Airport was to have nine runways. Six would be in a Star of

2444: Ones in the country solution

The unclued answers are all words inChambers, having their origin in Indonesia (clued by wordplay in the title). First prize Kailash Vernalls, Thame, OxonRunners-up Paul Davies, Reading, Berks; Mrs J. Smith, Beeston, Norfolk

Full text: Boris Johnson releases coronavirus battle plan

The government has released its official action plan to deal with the coronavirus epidemic, warning people that ‘we are all susceptible to catching this disease’.  During a press conference at Downing Street this morning, the Prime Minister told reporters that the government’s plan involved four phases: ‘contain, delay, research, mitigate’. Boris Johnson said: ‘Let me be absolutely clear