Fraser Nelson is a Times columnist and a former editor of The Spectator.
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David Cameron has returned from what was a bit of a war-and-peace tour of East Asia. Taking arms dealers to Indonesia one day, posing with Aung San Suu Kyi the next. In today’s Sunday Telegraph he writes an almost-defensive piece about it all: ‘With the eurozone producing sluggish growth, we simply can’t rely on trade
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It did not take long. Last month, Matt Ridley argued in a Spectator cover story that the wind farm agenda is in effect dead, having collapsed under the weight of its own contradictions. The only question is when our ministers would realise. In an interview with the Sunday Times (£), climate change minister Greg Barker admits that his
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The Economist has some fun with Scotland this week, running a cover suggesting my motherland would go bust if it was independent. The map has lots of gags: the Outer Hebrides is renamed ‘Outer Cash’, ‘Edinborrow’ twinned with Athens etc. But it suffers from one central defect: the thesis is nonsense. Saying that Scotland would
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When Europe’s finance ministers meet for a group photo, it’s easy to spot the rebel — Anders Borg has a ponytail and earring. What actually marks him out, though, is how he responded to the crash. While most countries in Europe borrowed massively, Borg did not. Since becoming Sweden’s finance minister, his mission has been
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How is Mitt Romney linked to the charity tax debacle? I thought I’d pass on to CoffeeHousers an explanation which passed on to me about the origins of this latest mess. It dates back to the point in the Budget negotiations where Nick Clegg had finally persuaded Osborne to introduce a Mansion Tax. A major
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Exactly two years ago today, David Cameron launched the Conservative Manifesto — one of those rare moments in the Tory campaign where it all seemed to make sense. Cameron begged for a hearing: he was serious, he said, about changing government. It was about realizing that ‘Big Government isn’t the answer to the problems’ and
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Nothing is more permanent than a ‘temporary’ government tax, as George Osborne is reminding us. When Alistair Darling proposed a 45p rate in 2008, even the Institute of Fiscal Studies said it would lose money – but Darling said it would be ‘temporary’. Brown upped it to 50p, Osborne took it back down to 45p
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Rather than respond to CoffeeHousers in the comment thread of my blog earlier, I thought I’d do it in a post (and also take in some of the comments from Twitter and my Telegraph piece). I’ve been accused of “starting to sound like a leftie” – and for what it’s worth, I don’t sign up to
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The liberty versus security debate has returned to Westminster, and it’s just like old times. David Davis is having great fun beating up the government, except this time it’s a Tory-led one. And as so often, Davis has a point. Much rot is spoken in the name of ‘national security,’ which can be used by
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George Galloway’s victory last night is a reminder of a wider problem in British politics: the low regard in which all main political parties are held. By-elections can throw up quirky victories, usually ironed out in the general election. There won’t be an army of Galloway’s marching on parliament at the next election. It’s like
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Are pensioners doing their bit for the recovery? The agenda of ‘intergenerational fairness’ has arisen in response to the idea that they are not, and ought to be taxed more. Daniel Knowles has made the case, in our cover story this week. Carol Sarler responds to him. In the leader, we reveal some data hitherto
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Will George Osborne’s refusal to look again at high levels of state spending become the greatest risk to Britain’s economic stability? There have been plenty of rude comments about the Chancellor’s supposed tactical ineptitude in the weekend press, but he has still managed to keep on borrowing and have almost no one notice. Osborne’s iron
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Why would anyone pay £250,000 to change Tory policy when the Liberal Democrats would do it for £2.50 and a hug? The brilliant Sunday Times investigation today makes you wonder whether businessmen don’t actually realise that out that, in this coalition, it doesn’t matter what you persuade David Cameron of. Policy is decided by horsetrading
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I’m presenting Week in Westminster at 11am on Radio Four today, and get to choose four topics for discussion. My political nodes were, of course, amputated for the purposes of this production. Here are the topics I chose: 1. Young vs Old. Osborne stepped on a landmine on Thursday: he didn’t expect his pension tax
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Will the Budget make a difference? Nowadays, we have a quick and easy guide: Box 3.1 from the Office for Budget Responsibility — otherwise known as the ‘blind bit of difference’ test. Sure, Budgets can make your hot takeaway lunch 20 per cent more expensive and your cigarettes cost £7.50 a packet, but the question, in a
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There’s much to applaud in this budget, but as ever we in Coffee House are focusing on things jumping out from the small print. Here are a few things I’ve noticed so far. 1. Don’t mention QE. In his Pre-Budget Report, Osborne was candid about his economic policy: ‘fiscal conservatism, but monetary activism’. That is
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New roads in Britain are badly-needed, but who should bear the costs? Motorists, says David Cameron — and his speech today is a move in the right direction. No tolls would be slapped on existing roads, so motorists are free to drive as freely as they do now. But if they want a shortcut, they’ll
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Nassim Taleb, the Lebanese-American academic whom we interviewed in The Spectator last month, is the subject of a Radio Four profile by The Economist’s Janan Ganesh that was first aired last Monday but will also be on Radio 4 at 21:30 this evening. David Willetts is interviewed, saying that Taleb’s work underlines the folly of
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A few months ago, I was invited to speak at the Health Service Journal conference, and hugely enjoyed meeting various reformers from within the NHS (and, of course, their enemies). One representative from the NHS Confederation pointed out that in most countries which were run by coalitions, the junior party was always given control of
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In today’s Telegraph, I profile Rupert Harrison, chief economic adviser to George Osborne and the man who’ll do more than anything else (including his boss) to shape next week’s Budget. In the British political system, special advisers are given very little attention — even though the best of them are more influential than the average