Isabel Hardman is assistant editor of The Spectator and author of Why We Get the Wrong Politicians. She also presents Radio 4’s Week in Westminster.
In case you were in any doubt about how committed eurozone leaders are to the survival of the single currency, Angela Merkel has put out another statement on doing ‘everything possible to protect the eurozone’, this time with Italian Prime Minister Mario Monti. The pair had a phone conversation on Sunday and their remarks follow
The Guardian has published an interview on its site with Stephen Hester in which the RBS chief executive predicts his bank is facing a huge fine for its part in the Libor fixing scandal. He says: ‘RBS is one of the banks tied up in Libor. We’ll have our day in that particular spotlight as
Ed Balls is doing very well out of the GDP figures that were released on Wednesday. The Shadow Chancellor is right to say that George Osborne is not yet doing the right thing with the economy. But that doesn’t mean Balls’ solution is the right one. Cuts should have been only one side of the
Remember that great scandal that rocked the Olympics, G4S? That pre-Games row has been completely eclipsed, at least for now, by the rows and rows of empty seats at supposedly sell-out Olympic venues. It turns out that those seats, often situated below the masses of people who shelled out a pretty penny for their own
You’d think that after the bad economic news of the past week, George Osborne might have reverted to submarine mode as soon as he possibly could, moving quietly under the cover of the Olympics. But this afternoon he has stuck a periscope up with this message: the world has confidence that Britain is dealing with
There was an uncomfortable moment last night at the Olympic opening ceremony when the Syrian team entered the stadium. The athletes – who are there as competitors, not apologists for the Assad regime – did not receive the same raucous cheer as many of the other nations. The BBC commentators at least, who had been
The furore surrounding the news – which James broke on Coffee House this afternoon – that academies will now be able to employ teachers who are not qualified was so brilliantly predictable that we could have written the unions’ press releases for them. Christine Blower of the National Union of Teachers slammed it as a ‘clear
Mario Draghi’s announcement yesterday that the ECB would ‘do whatever it takes’ to preserve the euro certainly cheered markets up – but only for a while. Interest rates for Spanish 10-year bonds dropped below the danger threshold of 7 per cent and the euro gained two cents against the dollar. But the more eagle-eyed spotted
Boris Johnson is one of the few politicians in the world able to clamber up on a concert stage in Hyde Park, take the mic, and whip a crowd up into a frenzy as he did last night. If you haven’t seen the Mayor of London sending Londoners wild with excitement while mocking Mitt Romney,
David Cameron broke with Downing Street tradition today by meeting Republican presidential candidate Mitt Romney. But Romney might now be wishing that, like François Hollande, he’d been snubbed by the Prime Minister until the elections were over. He started his day with forgetting Ed Miliband’s name, calling him ‘Mr Leader’ instead when the two met.
The Lords Commissioner for Standards has cleared Baroness Warsi of allegations that she wrongly claimed expenses for staying rent-free with a friend. Now that this has been cleared up, and Sir Alex Allan has already exonerated her from any allegations of impropriety for allowing a business partner to accompany her, Warsi has a clean slate
One popular prediction swirling around Westminster this morning is that part of the Government’s response to the GDP disaster will be to cut more money from the welfare budget. After all, George Osborne told MPs in his Budget statement that there would need to be a further package of £10 billion cuts in welfare spending
David Cameron is using the Olympics today to strike a more upbeat tone after yesterday’s GDP gloom. The Prime Minister is speaking at 10am at a global investment conference to pitch for business from 180 chief executives from around the world. Cameron will tell the conference that he is ‘determined that Britain will be on
Lord Oakeshott has just sparked some outrage by arguing on the World at One that George Osborne, who he described as a ‘Chancellor on work experience’ should be replaced by Vince Cable. He said: ‘I do think that George Osborne, he’s got no business experience, he’s never worked outside politics, and you know, he’s doing
Ed Davey has managed to win his first major battle as Energy Secretary – against the might of the Treasury, no less. James blogged earlier in the week that the battle between Lib Dem and Tory on cutting subsidies for onshore wind generation would be a test of how well the coalition is actually working, and this
David Gauke was only elected in 2005, but it’s impossible that he can’t remember the Back to Basics campaign, and how well that moral campaign worked out for the Conservative Party. Its 1993 launch precipitated revelations of all kinds of non-traditional behaviour in the party, from affairs to cash for questions. Had the Exchequer Secretary
Ministers held their daily Cobra meeting this morning to check the progress of the Olympic preparations, with just three days before the opening ceremony. Following the meeting, Jeremy Hunt released a statement – about 15 minutes after the Crown Prosecution Service announced the latest charges in its phone hacking investigation – which started by describing
The Crown Prosecution Service this morning charged eight suspects in relation to phone hacking. These suspects, including Rebekah Brooks Andy Coulson face a total of 19 charges, which I’ve set out below. Rebekah Brooks, Andrew Coulson, Stuart Kuttner, Greg Miskiw, Ian Edmondson, Neville Thurlbeck and James Weatherup are all charged with conspiring to intercept the
The approach of eurozone leaders to the crisis in their region has so far been a piecemeal, sticking plaster approach. But this morning, calls are growing for big and effective bandages to bind up the wounds before it is too late. Late last night, ratings agency Moody’s warned that the size of those bandages was
Ed Miliband’s comments in the Independent today were clearly based on the assumption that Nick Clegg will not be around if and when it comes to negotiating a possible Lib-Lab coalition in 2015. Vince Cable has already thrown his fedora into the ring to be the next Liberal Democrat leader, and Miliband backed the calls for a
