Fraser Nelson is a Times columnist and a former editor of The Spectator.
Rhetoric aside, what’s the difference between left and right in British politics? You won’t catch either party quantifying it, because the answer embarrasses both. The ever-cautious George Osborne is cutting just 0.6 percentage points a year more from government departments than Labour planned to (see table, above). The great joke is that the difference between
‘Balls urges tax cuts’, we’re told. Has he had a Damascene moment? Has the borrowed penny dropped? Nope, this is his longstanding and cynical campaign to cut VAT. Under the Labour years, when Balls was encouraging Brown to adopt a ‘scorched earth’ policy to the public finances, he urged against raising VAT to 20 per
The Spectator’s figures are out today, and I’m delighted to say that they show sales growing at their fastest rate in ten years — driven by our new digital formats. The above chart shows how things are moving. I thought CoffeeHousers might like to know a bit more about how we in 22 Old Queen St see
Why did Moody’s downgrade Britain to AAA with a negative outlook, but leave other countries on AAA? One crucial factor is the scale of our debt increase: 60 per cent over the parliament. You won’t find it mentioned much today. The Chancellor is talking about austerity, helped by Balls who talks about his harsh deep
The Spectator‘s cover, a few weeks ago, borrowed one of The Sun‘s most famous headlines: ‘Gotcha’ — but, this time, with tabloid journalists caught in the trap. It was supposed to be a parody. But, this weekend, the Metropolitan Police arrested a further five journalists from The Sun using methods normally meted out to drug
There have been precious few people able to make sense of the crash. The main commentators didn’t see it coming — and so have focused their energies stressing how no man born of woman could have predicted it. But Nassim Taleb did. He has been a voice of sense, originality and common sense throughout, and
Nassim Taleb is banging a glass against a table to demonstrate his notion of ‘anti-fragility’. ‘This glass is fragile,’ he says. ‘Vulnerable to nasty surprises.’ The glass survives his test. ‘Now, what’s the opposite of fragile? Not “robust”, because robust things don’t respond to any surprise, nasty or pleasant. To survive shocks and be adaptable
A small war has broken out over Lansley’s NHS Bill — ConservativeHome has three Cabinet members attacking it. I find that shocking. At least a dozen want the Bill killed, and why ConHome found just three is beyond me. Politically, it’s probably impossible for Cameron to drop it. But if it was torn up, I
It’s unusual for The Guardian and The Spectator to agree on anything, but Seamus Milne and our own John R Bradley are sceptical about these Syrian rebels whom we’re being invited to support. Bradley was alone in predicting the Egyptian revolution, and argues in today’s magazine that the conventional wisdom is once again wrong. Who’s
Did we need to replace Chris Huhne at all? Nigel Lawson, a former editor of The Spectator (amongst other things), has an intriguing idea in a letter to today’s FT: just break up the Department for Energy and Climate Change. It has done nothing to encourage the development of shale gas, which — as we
The Twitter hashtag #BankerOutrage was launched by Radio Four yesterday summing up a very popular mood. It’s not unusual for bankers to be hated after crashes. After the South Sea Bubble burst in 1721, there were calls in the Lords for the bankers involved to be dumped in sacks filled with serpents and dropped in
Any CoffeeHousers with a taste for schadenfreude should read David Miliband’s article in the New Statesman. We have to move beyond big government, he declares. We need a growth strategy. I’m not sure if any Labour leader has ever argued otherwise: maybe, as Miliband implies, it has found one now. But, as I ask in
Keir Starmer, the Director of Public Prosecutions, will annouce at 10 o’clock tomorrow morning whether or not the Crown Prosecution Service will bring charges against Chris Huhne. If he is charged, it could spark a Cabinet reshuffle — the Energy Secretary is now odds on to be the next Cabinet member to leave, at 4/6 with
John Sentamu, the Archbishop of York, is our cover boy this week. It’s the Church of England Synod next week, word is that Rowan Williams will be standing down soon, and Rod Liddle is backing Sentamu as his successor. When planning the headline, I thought about calling him the ‘British Obama’. We didn’t use this,
If Scotland can claim independence — and a ‘geographical share’ of the oil regardless of population — then why can’t Orkney & Shetland? It’s the Up Helly Aa festival in Lerwick tonight, where men dress up as vikings and set a longship ablaze. Not a very Scottish festival, but when your nearest city is Bergen
‘A clear majority of people in Scotland now back independence, according to an exclusive poll for the Sunday Express. Using Alex Salmond’s preferred referendum question, the Vision Critical survey found 51 per cent would vote ‘yes’ with 39 per cent against. If such a dramatic result were repeated in the autumn of 2014, the First
I’m presenting Radio Four’s Week in Westminster this morning, on deficit wars, London wars, welfare wars, and another set of wars which no one has really discussed yet: the directly-elected police commissioners. There will be about 40 of them elected in November, and candidates are already emerging: Nick Ross (ex-Crimewatch), Colonel Tim Collins and London mayoral hopeful
When it comes to defending the free market, and making the case for fiscal sanity, there’s scarcely anyone better than David Cameron. He was on superb form in Davos yesterday, giving much-needed blunt advice to the continentals. ‘Eurozone countries must do everything possible to get to grips with their own debts,’ he said. And he’s right.
ARK Schools, one of the leading City Academy providers, has just released another amazing set of results with GCSE passes 11 percentage points higher last year than were achieved in 2010. This is staggering progress, given that these schools are serving the same neighbourhoods with the same demographics as the council-run schools which they replaced. It
Britain’s national debt rose to over £1 trillion last month, and will never return below this threshold. George Osborne is increasing net debt by 61.5 per cent in real terms over this parliament, more than the 59.9 per cent which Labour proposed when it fought the last election. Here’s how the OBR’s current projections for debt
