Politics

Read about the latest political news, views and analysis

Wednesday

Ross Clark

The trouble with Rachel Reeves’s ‘National Wealth Fund’

What country ever went wrong with a sovereign wealth fund? It is easy to envy Singapore and Norway – the latter of which now has £1.3 trillion squirrelled away, equivalent to £240,000 for every citizen. Britain would be in a much better situation now had it, like Norway, invested its windfall from the North Sea, rather than chucking it into the pot of general day-to-day expenditure. Paying state and public sector pensions liabilities out of tax revenue rather than from a long-term investment fund is going to become an ever more serious burden on the state. We shouldn’t, then, sniff at Rachel Reeves’ idea for a ‘national wealth fund’. It is just that what

James Heale

Who will lead the Tories in opposition?

13 min listen

It’s been a big 24 hours in Tory-world as the party tries to pick itself up after last week’s defeat. We have had the first shadow cabinet meeting and the 1922 committee chairman election. Where do they go from here? And who could lead them?  James Heale speaks to Katy Balls and Fraser Nelson.  Produced by Oscar Edmondson. 

Steerpike

Labour slammed over cost of scrapping Rwanda plan

Uh oh. It’s day five of Sir Keir’s new Labour government and already the reds are running into trouble. Politicians confirmed last week Sunak’s Rwanda plan was to be scrapped, with the Labour party instead planning to tackle immigration by ‘smashing the gangs’. But there is a cost to the change of tack – and a rather steep one at that. It turns out that the Rwandan government is a little reluctant to repay the money it received from the UK for the scheme, saying it is ‘under no obligation’ to return the £270 million sum. Dr Doris Uwicyeza Picard from the country’s ministry of justice told the BBC: We

Alexander Larman

What will the relationship between Starmer and King Charles be like?

When the King greeted Keir Starmer last Friday, his first words to him were: ‘You must be utterly exhausted and nearly on your knees’, to which the new Prime Minister replied: ‘Not much sleep.’ From the body language and easy rapport between the two men, most inferred that this was a relationship that was likely to be a productive and enjoyable one on both sides. This is quite the turnaround from Starmer having said in 2005, ‘I also got made a Queen’s Counsel, which is odd, since I often used to propose the abolition of the monarchy.’ Starmer has since rowed back from his republican views, without wholly disavowing them;

Steerpike

Spectator summer party 2024, in pictures

The election is over and with MPs now being sworn in, where better to take the temperature of Westminster then at The Spectator’s annual summer party? As New York Magazine recently wrote, it is ‘an unmissable event on the social and political calendar’ and perhaps the only place in the world that you would find Jordan Peterson laughing at the Archbishop of Canterbury’s jokes. The party, always in early July, is typically a scene of political drama: prime ministerial resignations, leadership plots etc. ‘But while the Tories inside are licking their wounds,’ said Sky News’s Sam Coates, reporting outside the door, ‘it’s been a parade of Labour cabinet members coming

Steerpike

Badenoch attacks Sunak over election decisions

The Tories faced a difficult election campaign and things aren’t much improving for the party. Now it transpires that Kemi Badenoch used the group’s first shadow cabinet meeting to hit out at ex-PM Rishi Sunak, describing his decision to call an early election as bordering on ‘unconstitutional’. Talk about trouble in paradise… The shadow housing secretary slammed Sunak for telling an inner circle of the snap election before he informed his cabinet of the plans, blasting his former aide Craig Williams as a ‘buffoon’. And Badenoch didn’t stop there. Going on, the shadow cabinet minister spoke of the former prime minister’s ‘disastrous’ decision to leave D-day commemorations early, blaming Sunak’s

Isabel Hardman

How will Starmer keep his backbenchers busy?

One of Keir Starmer’s very nice problems to have is that his majority is so big and many of his new MPs so experienced that he needs to work out how to keep them occupied. The Prime Minister gave a partial answer to that last night, appointing a number of figures who have only just entered parliament to the government. This would be remarkable were it not for the fact that those new MPs really have got a lot of experience in government from previous jobs. Kirsty McNeill was made a parliamentary under-secretary of state in the Scotland Office – the most junior ministerial job. She worked for Gordon Brown

Patrick O’Flynn

Can Robert Jenrick save the Tories?

At the 2019 general election, the Tories won eight seats out of eleven in Nottinghamshire, but now the political map of the county is dominated by red. Only two of those 2019 Conservatives survived last week’s brutal cull. Both did so by running against Rishi Sunak’s version of Toryism rather than for it. Lee Anderson, having had the Tory whip removed by Sunak, got re-elected in Ashfield in the colours of Reform. Meanwhile, in nearby Newark, Robert Jenrick defied MRP surveys which predicted he was a goner by withstanding a strong Labour challenge and hanging on with a majority of more than 3,000. Jenrick was teased about his noticeable weight

Isabel Hardman

Spare a thought for our departing MPs

The MPs who lost their seats spent yesterday clearing out their offices. Their passes stop working later this week, and then they have a few months to wind up their offices and constituency work before truly becoming ex MPs. It is a brutal experience, not least because Westminster is buzzing with newly-elected members. There is always a risk that someone congratulates a member they think has come back as a victorious MP – only to find out they are in fact on their way to pack their working life into cardboard boxes and make their staff redundant. Before an election, some MPs choose to clear out their offices early, just

Tuesday

Isabel Hardman

Why Wes Streeting is ‘optimistic’ he can win his battle with junior doctors

Wes Streeting has just emerged from his first set of talks with junior doctors over their pay, saying he is ‘optimistic’ that the government can bring the dispute to an end. The Health Secretary reiterated that ‘this government has inherited the worst set of economic circumstances since the Second World War’ but that ‘both sides have shown willingness to negotiate and we are determined to do the hard work required to find a way through’. They are meeting again next week. Taking the side of the doctors against NHS management is Streeting’s way of getting them on side The line about the economic backdrop is Streeting’s way of reminding doctors

Cindy Yu

Can Wes Streeting end the NHS strikes?

14 min listen

Health Secretary Wes Streeting declared the NHS ‘broken’ over the weekend. With a creaking in-tray of issues, he opened up negotiations with the BMA today to try and solve one: the pay dispute with junior doctors. With ambitious reforms planned, and a workforce with low morale, how successful will Labour be?  Isabel Hardman and James Heale join Cindy Yu to discuss.  Produced by Patrick Gibbons and Cindy Yu. 

Steerpike

Watch: Farage attacks Bercow in first Commons speech

To the House of Commons, where party leaders are making their first post-election speeches. And for the first time, Nigel Farage MP gets to join in too. The Reform leader and newly-elected member of parliament for Clacton addressed his colleagues this afternoon, dubbing his party’s five MPs ‘the new kids on the block’, admitting to chuckles that ‘we have no experience in parliament whatsoever, though many us have tried, many times over the years previously, to get here’. But the laughter turned to groans after Farage praised current Speaker Lindsay Hoyle – and turned his speech into an attack on his predecessor… We can’t judge you for working in this

Isabel Hardman

What Keir Starmer revealed in his first Commons speech as PM

Keir Starmer has just made his first Commons speech as Prime Minister. Both he and Rishi Sunak spoke at the election of the Speaker Lindsay Hoyle this afternoon in what was, by tradition, a largely jovial occasion. He paid tribute to Hoyle’s work in the previous parliament, and also cracked a joke about Sir Edward Leigh, now the Father of the House, writing a book of quotations dating back to 3000 BC – ‘which might be said to cast some light on the Tory mind – after the last six weeks, I think it might be time for a new addition’. He was also careful to praise Diane Abbott, now

Kate Andrews

How radical will Wes Streeting’s NHS reforms be?

Wes Streeting has spent years talking about NHS reform – but he’s always had a red line on ‘free at the point of use’. At the start of the year the Health Secretary suggested he’d rather ‘die in a ditch’ before giving up on this principle. But is something about to give? What’s interesting about Streeting’s comments is the reframing of ‘free at the point of use’ as a matter of affordability Asked today at the Tony Blair Institute’s conference if the UK needed to keep ‘free at the point of use throughout the NHS’ – or if some kind of top-up system could be considered for those who can

Matthew Lynn

Dyson won’t be the last business to cut jobs

A major new factory from one of the American tech giants perhaps? Or a new lab from one of the pharmaceutical giants? Or, best of all, a huge new green energy fund. The newly appointed Chancellor Rachel Reeves was probably hoping for some positive investment news for her first week in office, especially as she has decided, in an unprecedented move, to make ‘growth’ a ‘national mission’. Instead, one of the UK’s best businesses has cut almost a third of its UK workforce – and that will just be the start of the corporate exodus from Labour’s Britain. Dyson will argue that its decision to axe 1,000 jobs in the

Stephen Daisley

Labour’s disturbing devotion to devolution

One of the defining themes of the new government will be devolution. Sir Keir Starmer and Angela Rayner’s plan, according to the Labour manifesto, is to ‘transfer power out of Westminster, and into our communities.’ It’s a signal of the priority they place on these reforms that the Prime Minister and his deputy hosted English regional mayors at Number 10 this morning to discuss how this power transfer will take place.  The new government should be holding out central government as the mechanism for delivering the changes it has promised The manifesto pledged to ‘deepen’ devolution settlements for combined authorities while ‘encouraging’ councils to merge and assume additional powers. Among the areas identified

Steerpike

Braverman turns on Jenrick

All is not well in the Conservative party. Tory leadership hopeful Suella Braverman has turned on fellow MP Robert Jenrick in a scathing attack on her rival. The former home secretary previously worked closely with the ex-minister while their party was in government – but was this week keen to draw up dividing lines between the pair at Washington’s National Conservatism conference. Braverman blasted her former colleague for coming ‘from the Left of the party’, slamming Jenrick as a Remainer who ‘was a big, kind of centrist, Rishi supporter’. Burn… The ex-home secretary went on: I remember talking to him about leaving the ECHR a year ago, and him looking

Hardeep Singh

Labour’s landslide is a triumph for Britain’s Sikhs

For years, there have been very few Sikhs – who make up around one per cent of the population of England and Wales – in the Commons. Labour’s landslide victory has changed that. Among the hundreds of new MPs are a dozen Sikh heritage MPs: more than there’s ever been in parliament’s history. There’s some poetic justice in particular in Juss’s victory: he represents Enoch Powell’s former constituency The achievements of Sikhs in British politics have historically been overshadowed by the incredible electoral success of Sikhs across the pond in Canada. It wasn’t long ago that Canadian prime minister Justin Trudeau boasted to an American audience, ‘I have more Sikhs

Eliot Wilson

What will Starmer’s fellow world leaders make of him at the Nato summit?

In Westminster, Sir Keir Starmer is still in the honeymoon period as Prime Minister. In Washington, where Starmer heads for the start of the Nato summit today, the welcome is likely to be somewhat less warm. The new British team, made up of Starmer, foreign secretary David Lammy, defence secretary John Healey, and Nick Thomas-Symonds, now Cabinet Office minister in charge of ‘European relations’, will be greeted with courtesy and encouragement. But the red carpet won’t be rolled out: Nato leaders liked, rather than loathed, Rishi Sunak’s government. They felt him to be a man with whom they can do business. They will be eager to know if the same

Ross Clark

Was this council’s four-day week experiment really a success?

What a surprise. South Cambridgeshire District Council has declared its controversial experiment with a four day week – which put council staff on a 32 hour rather than 40-hour week with no loss of pay – a tremendous success. The council, whose chief executive Liz Watts was revealed last year to be doing a doctorate on the subject of the four day week as well as her day job, has published the results of a study by the Universities of Salford and Cambridge which claims that the council’s performance improved on 11 measures during the trial period compared with prior performance and decreased on just two measures. You can read