London

Ed Miliband is No Teddy Roosevelt

This is, I know, a statement of the obvious but Ed Miliband is no Teddy Roosevelt. There are two reasons to be thankful for this. First, TR was really a ghastly man; secondly, if Ed Miliband were able to muster a quarter of Roosevelt’s brio he’d be faring rather better than he is. In the present circumstances, the opposition should be thumping the government every day. Granted, this requires more credibility than either Mr Miliband or Mr Balls can boast but the fact remains that a) George Osborne’s economic hopes have been vanquished by events and b) there is little substantive difference between his proposals and those made by Alistair

Newt Gingrich is Not John Kerry. That's His Problem.

In the end your view of the battle for the Republican party’s presidential nomination comes down to the degree of confidence you have that Republican voters, especially but not exclusively in the early primary states, remain capable of remembering that the election that matters takes place in November, not the spring. If you doubt they can manage this then you probably think Newt Gingrich is the bona fide front-runner; if you think they can then you’re liable to think Newt’s resurgence is just another teenage crush that will fade as swiftly as it developed. I’m in the latter camp, for what it’s worth. There have been improbable Presidents before (some,

The Only Thing You Actually Need to Read About the Riots

Three cheers for Bagehot for this superb post on the Guardian/LSE’s abject justification for inquiry into this summer’s riots. Mr Rennie puts it exceedingly well: Now, put me in many contexts, and I am quite the hand-wringing bourgeois liberal. Watching Newsnight yesterday evening, I fear I came over all Judge Dredd. The researcher’s contention, in a nutshell, is that the rioters were not criminals who ran amok for a few days in August, losing their moral compass when they realised their actions would probably be without legal consequences. Instead, we are asked to believe, they are angry young people who hate the police and believe that they were taking revenge

The Ritz in the Blitz

‘It was like a drug, a disease,’ said the legendary Ritz employee Victor Legg of the institution he served for half a century. There’s something magical about London’s grand hotels. Even those of us who usually experience them only when we nip in for a five-star pee know that. Matthew Sweet has tapped this glamour to tell tales of the human dramas the hotels hosted during the second world war. It’s surely the variety of people gathered together in one place that explains the fascination held by the Ritz, the Savoy, Claridge’s et al. The good, the bad and the clinically barking all share the same address for a night,

From the archives: A nation ablaze

A more recent gem from the archives than we would normally mine, but with the forthcoming government report into the riots — and with Fraser’s and David’s recent posts — we reckoned you might care to (re-)read Harriet Sergeant’s piece from this summer. It formed the centrepiece of an issue largely dedicated to those fiery disturbances, and which also included thought-provoking articles by Theodore Dalrymple and Ravi Somaiya. Here it is: These rioters are Tony Blair’s children, Harriet Sergeant, The Spectator, 13 August 2011 On the third day of the London riots I received a telephone call from Mash, a member of a Brixton gang who I befriended three years

Chagrin d’amour

The horror of love: Nancy Mitford’s first fiancé was gay; her husband, Peter Rodd, was feckless, spendthrift and unsympathetic, and her great amour, Gaston Palewski, was endlessly unfaithful. She met him during the war in London and was in love with him for the rest of her life. Palewski was Charles de Gaulle’s right-hand man. He organised the French Resistance in London and commanded the Free French forces in East Africa. After the war, he was appointed De Gaulle’s chief of staff and he became known as the sinister éminence grise behind De Gaulle’s presidency. He and Nancy shared a love of France, beauty and jokes. He was never faithful

George Osborne Slays the Tobin Tax

George Osborne was filmed laying into the idea of a Tobin Tax on financial transactions at today’s Ecofin meeting in Brussels. As he says: if you want to tax bankers, tax them but don’t create a tax that will only be paid for by their customers. Here’s Osborne: All this is well said (transcript here) and is, incidentally, a revealing glimpse into parts of euroworld that are rarely broadcast. Also, calling this a “Robin Hood Tax” is perverse: in fact it’s a Sheriff of Nottingham ploy that appears to target the rich while actually being paid by the poor. It’s equally worth observing that Osborne’s position is broadly the same

The building of our history

Athens, for all its current woes, still has the Parthenon. Rome has the Colosseum, Paris the Louvre, Berlin the Reichstag, Beijing the forbidden city, Moscow the Kremlin and Washington the White House. But where in London is there a structure that sums up and encapsulates the sweep of  English History from 1066 and all that, to the Second World War and beyond? The answer is certainly obvious to the 2-3 million mainly overseas visitors who flock to the Tower of London every year, making it easily Britain’s top tourist attraction. What makes the Tower such a magnet is surely the sheer multiplicity of functions it has fulfilled over the centuries,

The paucity of the "99 per cent"

A week may be a long time in politics, but it is no time at all in protest. As the inhabitants of Parliament Square have demonstrated, even a decade is as nothing so long as you have a constantly morphing cause, a council with no balls, and a small but steady stream of acolytes. Last weekend I watched a bridal party sneak in through the side entrance of St Paul’s Cathedral. This weekend I went back, curious to see whether the protest that had kept them from entering through the main door had located a point yet. Walking up from Fleet Street the first sight that greets the visitor is

Health & Safety: What Would Jesus Do? Weep, Obviously.

I hold no particular brief for the people “occupying” the London Stock Exchange but whatever one may think of their aims it’s evident that in closing the cathedral this week the Dean of St Paul’s Cathedral and his colleagues have behaved like total ninnies. Then again, this is the Church of England so a certain measure of hand-wringing may be part of the job description at St Paul’s. Who knows? What we do know, thanks in large part to this splendid, exhaustive, post by David Allen Green is that the so-called “health and safety” concerns are so feeble they could almost be a parody of CoE hopelessness. Among the “possible”

Overreacting to Werritty

The Werritty case has made everyone who believes that government is controlled by lobbyists and tycoons slaver. The Guardian screams that Ministers held more than 1,500 meetings with corporate representatives in the first 10 months of the coalition, which presumably the newspapers’ readers know to disapprove of. But how many unionists did Labour meet after a year in office — and how many corporations? The party that declared itself “relaxed” about profit-making presumably met one or two profit-makers. Or did Ed Balls, when he was City minister, stay away from the Square Mile? I don’t know the numbers, but I am sure they would reveal that governments from Left and

This will Occupy Boris

A few months ago I hosted a debate at my think tank with one of the key Tahrir Square leaders. After his talk about Egypt, he warned the audience: the protests that toppled Hosni Mubarak were not just an Egyptian or Middle Eastern phenomena; it could – and, he said, would – spread to the West. For the youth of today, he argued, feel disempowered, empoverished and betrayed. As protests spread from New York to London and other European capitals, it seems that Egyptian protester may have been right. Today’s efforts to occupy the London stock exchange failed but protesters remain on the grounds of St Paul’s Cathedral. Whatever happens

How will Greening deal with the airports issue?

One Cabinet minister fretted to me yesterday about the implications of Justine Greening’s appointment as Secretary of State for Transport. Their worry was not Greening’s position on the Tory ideological spectrum but her views on aviation. This minister worried that Greening, who helped lead the opposition to a third runway at Heathrow, would be against any expansion in airport capacity. In recent months, opinion has been shifting at the top of the Tory party on the airports issue. People were increasingly coming round to the view that there was need for an extra airport or at least an extra runway somewhere close to the capital. They were, in line with the general

A preview of just how personal the Boris Ken struggle will be

If anyone had any doubts about just how personal the 2012 London mayoral campaign is going to be, they should have been dispelled by Ken Livingstone’s speech to Labour conference today. Ken claimed that the Mayor had ‘got what he wished for’ in above average unemployment and accused him of standing for a ‘privileged minority’. He then went on to draw an equivalence between Boris’s student antics and those of the rioters: “What is the difference between the rioters, and a gang of over-privileged arrogant students vandalising restaurants and throwing chairs through windows in Oxford? Come on Boris – what’s the moral difference between your Bullingdon vandalism as a student

Is Osborne ready for the next crisis?

There is a strange pre-Lehman feeling in the air right now: the idea that something awful is going to happen, but no one knows what or when. This is laden with political ramifications. The problem for the Tories last time was not that George Osborne had been caught aboard HMS Deripaska. The greater problem was that a crash had arrived and the Shadow Chancellor had nothing to say. Brown, at least, seemed to have an agenda, and the Tory poll lead was reduced to one vulnerable point. I admire Osborne, but he can do far better in making the case for the government’s economic strategy. If there is a second

The colour purple | 23 September 2011

A group of Labour figures have contributed to The Purple Book, which some modernisers hope will deter the apparent move to the left and dilute New Labour’s twin obsessions with the City and the public sector. There’ll be more on the book at the forthcoming Labour conference, but here is a discussion about it on today’s Daily Politics.   

The Lib Dems' war on wealth

Vince Cable will address the Liberal Democrat conference later on today. Tim Farron’s indulgent speech yesterday is a tough act to follow, but Cable has chosen a subject to titillate delegates: curbing high executive pay, bolstered by the popular mantra of no more reward for failure. He signalled his intention yesterday in an interview with the Sunday Times, with further details in the Guardian. The Business Secretary will try to ensure that workers and shareholders are represented at directorial level. He will also strive to diversify the membership of remuneration committees to include union reps and low grade employees. Finally, he will push for greater pay transparency in top companies,

What the riots mean for Ken Clarke

The more we learn about the riots, the more it is becoming clear that experienced criminals were responsible for a lot of the looting. The Standard reports today that in London a quarter of those charged in relation to the riots had already been convicted of ten or more offences. What remains to be seen is if these hardened criminals instigated the riots, or simply took advantage of them. The involvement of these veterans of crime demonstrates the need both for better work on rehabilitating prisoners and for longer sentences to keep habitual criminals off the streets. The problem with Ken Clarke is that he, admittedly partly for budget reasons,

Boris's last chance to show imagination

Back in 2008, one Mayoral candidate explained that it would require imagination to solve London’s housing problems. The candidate developed a manifesto that suggested a new form of “democratic” home ownership, which which would “help build stronger communities”, and which would allow houses to “remain affordable for future generations”. He said he would “create a network of Community Land Trusts, managed by cooperatives to give homes to people who are indispensable to this city.” His name was Boris Johnson and since he was elected not a single Community Land Trust has materialised in the capital. This is a quiet tragedy. Just like Ken Livingstone, Boris has spent huge amounts of

Tobin’s folly

The Eurozone Tobin tax announced on Tuesday by Merkel and Sarkozy is intended to reduce market volatility. It could have the opposite effect, and, if introduced in Britain, could cripple Britain’s financial sector, a new report by the Adam Smith Institute says. Based on the example of the “pure” Tobin tax that was implemented in Sweden in the 1980s and a large number of studies looking at equity and foreign exchange markets, a clear relationship was revealed between increasing transaction costs and higher levels of volatility. Transaction volumes also decrease as business is driven to lower tax regimes. When Sweden introduced a levy of 0.5 per cent, 60 per cent