Fraser Nelson

Fraser Nelson

Fraser Nelson is a Times columnist and a former editor of The Spectator.

Why I still think importing Chapter 11 is a bad move

Today is one of those days when I had a Tom Harris moment and realise the perils of blogging. I checked PoliticsHome (as I do pretty much ever hour) to see that I was referring to “Cameron’s ‘disastrous’ left-wing business plan.” Hardly a wicked distortion of what I wrote – but not what I meant

Food price inflation is now in double-digits

Let’s quickly unpack today’s horrendous inflation figures. According to the Consumer Price Index, food inflation is now a staggering 10.6 percent year-on-year. I had previously predicted double-digit food price inflation by Christmas. But this double-digit rise in the price of food is concealed in today’s headline inflation figures of 3.8 percent CPI and 4.6 percent

Cameron's left-wing chapter

Some of the most left-wing things David Cameron says involve his plans for business. Take his plan, announced this morning, for a “Chapter 11” for British industry. Even Labour’s most influential voices in business like Gerald Frankel failed to have it adopted by Gordon Brown and Tony Blair. Why? Because it’s a potentially disastrous idea

Brown's unemployed army

Ever since JFK established the Peace Corps, policymakers here have been keen on a British version of it. The latest idea is from the new knife crime tsar, Alf Hitchcock, who tells the Daily Mail that he’d like all young unemployed to do a kind of national service. It’s a seductive thought, but has he

Loving the trend

I’m in Austria for a wedding this weekend, as yet another one of my friends has got hitched to a European. It’s becoming a trend. Of the five closest friends I had when I was 21, four of us – including yours truly – started a cross-border relationship which ended in marriage. This has to

Top economist: UK will enter recession this year

The City economist I mentioned yesterday, Michael Saunders from Citibank, has today revised forecasts and believes the UK recession will start this year and expects growth of 0.3% next year with a feeble 0.6% in 2010. He says: “Recession is not certain, but seems more likely than not. Our base case now has GDP falling

The Glasgow East by-election shows us the two Scotlands

My wee film about Glasgow East will be shown on BBC Daily Politics today. I’ve blogged plenty about this, but if CoffeeHousers will indulge me here’s my take on the debate so far. There has been some controversy about the claim that life expectancy there is worse than the Gaza Strip; part of this is

House price crash the worst since the war

For months we’ve been hearing that however bad it may be with Brown, it was worse under Major. But new house price data from the Halifax shows that this is not the case. House prices have declined more sharply than at any time since 1983. Prices have dropped 8.7 percent year on year, 8.5 percent

Labour's factions

Talk about how to depose Gordon Brown is widespread in Labour circles, but for journalists it is hard to know how to convey it. There is no real news story, insofar as there has been no rebels’ meeting (that we know about) but the whispers have reached such volume that it has become an event

What's really happening in the credit market

As Joni Mitchell said, you don’t know what you got till it’s gone. Only when cheap credit is over do we realise how much we relied on it, and that what Gordon Brown wrongly labelled “prosperity” was a debt-fuelled mirage. The key to making sense of the credit crunch is to ditch the old measurements

The campaign in Glasgow East

Drive around Glasgow East and it seems the SNP is making most of the headway. Its simple yellow fluorescent logo is everywhere. When I was in the constituency yesterday, I saw the same SNP van in four different parts of the seat– blasting out music and with “on your side” written in big letters on

What I saw in Glasgow East

I’m in Glasgow East for the day, making a short film of my column in the current Spectator for the BBC. We’ve just been in perhaps the most run down housing estate I have seen – there is a doll in the doorway next to a dead rat. Houses were boarded up, and you’d think

Scottish sectarianism

Is it significant that Cameron will speak in a Catholic church in his visit to Glasgow East today? You can bet any Scottish politicians would have avoided any church in a constituency where sectarianism remains a factor – and one not very well understood in Westminster. Church observance may not be high, but the east

A reconstruction report-card 

Like James, I’ve been admiring the new issue of Time – what caught my eye was its superb report on the Kajaki Damn in Afghanistan. This is Britain’s top reconstruction project in the Afghanistan and it’s taken an American publication to give us the low-down (and a stunning collection of photographs) on how Our Boys

Situation soon to be vacant?

When John Reid was given his last-ever appointment, he’d have fun introducing himself at meetings by saying “I’m John Reid and I am the current Home Secretary.” It was a good joke, both at the instability of the post and his own itinerancy. But if you Google “Labour” then its first line of introduction is

Why Brown will be cheering on the Tories in Glasgow East

David Cameron is heading up to Glasgow East on Monday to make a visit with Iain Duncan Smith – and they will be campaigning like mad. You may think they’d take their foot of the pedal and leave it to the Queen’s Own Cameron Highlanders (aka the Scottish National Party). But it suits the Tories

All hail Kylie

Does Kylie Minogue deserve an OBE? News of her honour has irked the usual suspects, perhaps because they are not up to date with her career and cultural achievement. Virgin Radio was once caught out in this way. It launched in 1994 with a a daft slogan “we’ve improved Kylie’s songs – we’ve banned them.”

Cameron drops the Hoon bomb in PMQs

With a little help from the Daily Telegraph, David Cameron staged an ambush for Gordon Brown at PMQs today – the letter to Keith Vaz from Geoff Hoon promising he will be “rewarded” for supporting the government. It went up on the Telegraph website just before midday, and either David Cameron’s Blackberry is working with