Oil

It came as no great surprise that the UK economy contracted by 0.2 per cent in the second quarter, following a first quarter in which growth had been artificially boosted to 0.5 per cent by stockpiling ahead of the original 29 March Brexit deadline. It’s fair to claim, as our editorial did two weeks ago, that the UK has performed better than expected for the past three years — particularly in terms of job numbers, which rose again in April to June despite the growth setback. True also that we’re in no worse shape than our European neighbours, and that our flexible, if painful, exchange rate will help us cope with a downturn.

My column calling Brexit campaigners ‘hooligans’ and ending ‘Reader, I voted Remain’, caused quite a stir — coinciding as it did with The Spectator’s eloquent call for Leave. ‘Pathetic,’ spat a famous columnist encountered in the street. ‘Your words and Farage’s poster resonated so much that I (reluctantly) voted Remain,’ emailed a broadcaster who had previously given me a talking-to on the virtues of freedom. ‘I quite like being a hooligan,’ declared a Leaver on Facebook, alongside a selfie with the Boris-bus emblazoned ‘We send the EU £50 million a day.’ ‘Did someone else write your last paragraph?’ growled a veteran politico a day before the poll.

There’s a lot of negativity around HS2, and I sniff a Brexit connection. You might think Leave campaigners whose aim is to boost British self-belief would promote the idea that we have a talent for grands projets such as the Olympic Park and Crossrail, rather than a propensity to deliver half what’s promised at double the cost. But there’s also an overlap between Tory MPs opposed to the northbound high-speed rail link, usually because it bisects their constituencies, and Tory MPs opposed to the government on the EU referendum. So I suspect that’s where the trouble lies. The spin is that cabinet secretary Sir Jeremy Heywood is reviewing the project ‘as fears grow’ that it will bust its already inflated £55 billion budget.

Algy Cluff is the longest-serving oilman in the North Sea. He was one of the first to drill for oil there, in 1972, and at the last government handout of drilling licences, two years ago, there he was again, making a handsome gas discovery. Now 76, he’s also the least likely oilman you can imagine. Tall, rangy, dressed in Savile Row pinstripes; he is no J.R. Ewing. His diffident, patrician voice is so gentle that I have to turn my tape recorder up to transcribe this interview. Cluff’s Who’s Who entry lists membership of 11 clubs. But there is no clubman stuffiness about him. He’s full of wonderful anecdotes, many of them involving The Spectator, which he owned from 1981 to 1985, before he became chairman for 20 years.

Amber Rudd isn’t a flashy politician; her office at the Department for Energy and Climate Change has almost no personal touches. She has a poster on the wall for the new Edinburgh tram (she was a student there). Her one concession to vanity is a framed ‘Minister of the Year’ award from this magazine: awarded for uprooting the legacy of the Liberal Democrat energy policy and being (in the words of the commendation) the ‘slayer of windmills’. It was, perhaps, an exaggeration: she hasn’t brought down any of Britain’s 5,215 onshore wind turbines. But she has been busy pruning back the green subsidies that her department had become used to doling out.