Isabel Hardman

Isabel Hardman

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.

The good news in today’s university applications figures

A drop of 8.8 per cent in the number of students applying for university is surprisingly small, actually, when you consider the size of the hike in tuition fees. Still, the figures released today by Independent Commission on Fees prompted an angry response from Labour's Shabana Mahmood, who said: 'The Tory-led Government's decision to treble tuition fees at the same time as cutting funding for higher education is already putting thousands of people off university who otherwise would be eagerly preparing to start their courses.' It's easy to brand this drop of 37,000 applications from the 2010/11 academic year as a failure for ministers who have insisted that the fee rise should not put off prospective students.

Conservatives have broken coalition agreement, voters say

Here's an interesting statistic from YouGov: more voters think the Conservatives have broken the coalition agreement than think the Lib Dems have failed to stick to it. When asked whether the Tories have 'mostly kept to their side of the deal they made in the coalition agreement', 51 per cent said no. For the Lib Dems, 45 per cent of voters thought the Lib Dems had stuck to the coalition agreement against 32 per cent who thought they had not. It's worth noting, though, that when you look at the breakdown of voting intention, it is Labour voters rather than Conservatives who think Nick Clegg's party have stuck to their side of the bargain. Fifty per cent of Labour voters say the Lib Dems have mostly kept the agreement, against 34 per cent who do not.

Boris to teach the 1922 some election tricks, and a new Jobs Bill

One adviser told me recently that he found James Forsyth's political column more useful for finding out what's coming down the line than the meetings Number 10 holds for aides. As ever, James' column in today's Spectator is packed full of scoops, one of which has already been followed up by the Daily Mail. He reveals that many Tory MPs find it depressing that Cameron has placed such emphasis on boundary reform, with one backbencher saying: 'They don't seem to think they can win an election by persuading people.' Meanwhile, Boris Johnson has been invited to address the 1922 committee on how to win an election: Were the boundary review to be thwarted, Cameron would face a big strategic choice.

Boris on the warpath on Standard Chartered

Boris Johnson is the Spectator's diarist this week, and as you'd expect, his piece in tomorrow's magazine is full of wonderful Borisisms including cyclists who 'wave their bottoms at each other like courting pigeons' and 'luscious gold doubloon'. But the Mayor of London also launches an attack on America and the way 'some New York regulator' has set upon Standard Chartered. He writes: I mean, what is all this stuff about Standard Chartered? This British bank has generally enjoyed a high reputation for probity (as these places go) until yesterday, when some New York regulator apparently denounced Standard as a 'rogue institution'. Well, if people have broken the law of this country, then by all means bang them away.

Economy ‘close to zero’

Sir Mervyn King's sporting jokes are almost as bad as the Bank of England's ability to publish accurate economic forecasts. As he unveiled the August Inflation Report this morning, the Governor said: 'Unlike the Olympians who have thrilled us over the past fortnight, our economy has not yet reached full fitness, but it is slowly healing. Many of the conditions necessary for a recovery are in place, and the MPC will continue to do all it can to bring about that recovery. As I have said many times, the recovery and rebalancing of our economy will be a long, slow process. It is to our Olympic team that we should look for inspiration. They have shown us the importance of total commitment when trying to achieve a goal that may lie some years ahead.

Cameron’s big sporting society

David Cameron made a spirited defence of school sport this morning when he appeared on LBC radio. Waving a sheet of paper triumphantly, the Prime Minister argued that the 20 school playing field sales that Michael Gove had signed off were actually schools that had closed, surplus fields and 'surplus marginal school land'. He also defended the decision to remove a compulsory target for all children to take part in two hours of sport a week: Well, look, we haven't done that, you know, sport is part of the national curriculum and we want schools to deliver sport and I think that's very important, but frankly, and we're putting a lot of money in, there's a billion pounds going into school sport over the next four years. But frankly if the only problem was money, you'd solve this with money.

Lower inflation eases the squeeze, for now at least

George Osborne might not be feeling particularly comfortable with today's August Inflation Report from the Bank of England, as Sir Mervyn King is expected to slash the Bank's growth forecast for the British economy in 2012 from the 0.8 per cent it predicted in May to close to zero. This morning's announcement will also include some mildly good news for households, with the Bank due to predict a 2.1 per cent fall in inflation by the end of the year. This will bring inflation down below the two per cent target, which, as the CBI's Richard Lambert pointed out on the Today programme, will mean 'families starting to feel a little less squeezed'. High inflation leaves millions of families on frozen wages poorer as they struggle to afford rising costs.

Cameron confirms boundary vote

David Cameron has confirmed this lunchtime that the boundary reforms will be pressed to a vote. Describing the plans that the Lib Dems are now set to reject as 'sensible', he said that they would be 'put forward' to MPs. As James reported yesterday, Conservative sources are not yet conceding defeat on this, hoping that something might turn up to ensure their passage through parliament. But the vote will lead to the extraordinary spectacle of Lib Dem ministers walking through the 'no' lobbies with Labour and then, according to party sources, resuming their positions on the front bench without any censure because these are exceptional circumstances. The Prime Minister gave a nod to this today when he told BBC Wales that 'every party will have to make up its own mind how it votes'.

Cesspits and the City

It's becoming difficult to predict just when the period of remorse and apology for bankers really will be over. Bob Diamond claimed that it had finished in January 2011, and found to his cost this summer that this was not true. The Libor scandal that cost the Barclays boss his job wasn't the only unpleasant thing to crawl out of what Vince Cable described as the 'cesspit' in the City of London, though. Today Standard Chartered's shares fell by 16 per cent following allegations from US regulators that the bank had covered up £160bn worth of transactions with the Iranian government. And at Southwark Crown Court this morning, Jessica Harper, head of fraud and security for digital banking at Lloyds bank admitted a £2.4 million fraud.

Boundaries and Lords reform: what the two parties said

The Liberal Democrats have spent the past few months building up to yesterday's announcement that they would trash the boundary reforms following the failure of the House of Lords Reform Bill. As so much of the arguments this morning focus on whether the party is justified in voting down the changes to constituencies, I've taken a trip down memory lane to review the key statements from both parties from before the 2010 general election right up to this morning's Today programme interview with Jeremy Browne. Coffee Housers can judge for themselves whether or not Lords and boundaries are linked. The Liberal Democrat manifesto: Change politics and abolish safe seats by introducing a fair, more proportional voting system for MPs.

Victory for ministers on ‘slave labour’ schemes

Ministers were relieved today when the High Court ruled that the Work and Pensions Department's back-to-work schemes are not 'forced labour' and do not breach human rights. The case had been brought by two people: Cait Reilly and Jamieson Wilson, who argued that the unpaid schemes they had been put on violated article four of the European Convention on Human Rights. Ms Reilly, 23, was given 'unpaid menial work' at Poundland, while Mr Wilson, 40, was told that he would be required to undertake 30 hours' unpaid work each week cleaning furniture. Both had been subjected to sanctions for refusing to take part in the schemes, and were facing losing their jobseekers' allowance for six months, too. Had the DWP lost the case, its back-to-work schemes would have been ruled invalid.

Killing the boundaries but not the coalition

Nick Clegg will give a statement this afternoon on the House of Lords Reform Bill, and what will happen next. Number 10 was understandably cagey at this morning's lobby briefing about stealing the Deputy Prime Minister's thunder before he speaks, but the Prime Minister's official spokesman gave some answers to questions about the boundary reforms that were still quite telling. Asked about the threats that Liberal Democrats have been making to scupper the reforms as revenge for the failure of the Lords legislation, the spokesman said: 'It's something the Commons has already taken a view on, and the process is that it will come back later this year.

Louise Mensch resigns

Louise Mensch's local paper reports this morning that the Conservative MP will this morning announce that she is resigning her seat after struggling to balance family life with the demands of parliament. The Northamptonshire Telegraph reports Mensch saying: 'I am completely devastated. It's been unbelievably difficult to manage family life. We have been trying to find a way forward with the Prime Minister's office but I just can't spend as much time with my children as I want to.' Mensch had told the Guardian last September about the pressures she was experiencing on her family life, and she left a select committee hearing with James Murdoch early to collect her children from the school run because she'd promised them she always would do on a Thursday.

Danny Alexander: Triple A rating isn’t the be-all and end-all

'I am proud to be part of a UK government that has re-established our country's financial credibility. And the credit rating agencies rate the UK as triple A. The low interest rates today of 1.8 per cent are a consequence of this.' Those were the words of Danny Alexander, chief secretary to the Treasury, back in June. He was echoing what his colleagues in the Treasury have been saying throughout this Parliament: that the UK's credit rating is a testament to the successful economic policies of the coalition. George Osborne was quick to capitalise on the announcement by Standard & Poor's at the end of July that the UK would maintain its triple A status. Which is why an interview that Alexander gave this morning to the Today programme sounded rather odd.

Pushing the boundaries | 4 August 2012

The conventional wisdom about the consequences of the failure of Lords reform is that the Liberal Democrats will wreak their revenge for the Conservatives' 'breach of contract' by scuppering the boundary changes. Over the past few months, the party has taken great pains to link the two reforms, and now that it is clear that the first will not go through, all focus is on the second. There is much that still needs to become clear about how this will work; the biggest question of all being how Lib Dem ministers can vote against the changes without being sacked. But don't expect the whole party to troop through the 'no' lobby on this issue.

Tory backbench beats Lib Dems in battle of PM’s priorities

Let's forget for a minute about the Lib Dems and their dire threats of 'consequences' for the failure of the Lords Reform Bill and focus on the Conservative party. David Cameron has failed to convince his party to support the legislation. He said he needed the summer to try to win the rebels round before he tabled a new programme motion for the Bill, and before the summer is even out, he has decided that he can't do it. This isn't just about a hardcore of Conservative MPs who are viscerally opposed to Lords reform, though. There are those who would always have opposed it, but many others who might have been persuaded. There's a sense that the Prime Minister tried hard towards the end of the negotiations, but by then it was just too late.

Cameron to shelve Lords reform

When the coalition returns from the summer recess, don't expect a relaxed, post-holiday spirit. David Cameron has failed to convince his backbenchers to support the House of Lords Reform Bill and The Telegraph reports that the Prime Minister will announce that these reforms are to be shelved in the coming days. This triggers that new phase of coalition that Nick Clegg and his colleagues have been warning about: the era of 'consequences'. Although Conservative ministers have been considering other policies that they could hand to their coalition partners, these will not be enough to appease them: it's Lords reform or nothing.

Reshuffle bingo

It's a strange old world when a Prime Minister backing his own Chancellor is worth reporting. But this afternoon the Prime Minister was asked by Sky News whether he was going to reshuffle George Osborne. Naturally, he answered: 'George Osborne is doing an excellent job in very difficult circumstances and he has my full support in going on and doing that job. He's not going anywhere.' Kay Burley then pressed Cameron on whether this meant Osborne would still be Chancellor at the next election. He replied: 'Yes.' Now, this was quite obvious anyway.