Martin Vander Weyer

Martin Vander Weyer

Martin Vander Weyer is business editor of The Spectator. He writes the weekly Any Other Business column.

My gastronomic tour de France

From our UK edition

On holiday in the Dordogne, I face an annual dilemma. My weekly Any Other Business column ruminates on the financial world with occasional restaurant tips to lighten the tone – and many readers tell me they frankly prefer the menus du jour to the boardroom dramas. My difficulty is that in a single page of

Don’t bring back British Rail

From our UK edition

The theme of my holiday reading has been the insidious ways in which the vanities and fetishes of rulers harm the interests of citizens. I started with 1929, Andrew Ross Sorkin’s new history of the Wall Street crash, which I’ll be reviewing elsewhere ahead of its release in October –my point here being not about

In defence of fat cats’ growing pay packets

From our UK edition

News from the High Pay Centre – the revolutionary guard of left-wing thinktanks – that average FTSE100 chief executive pay rose 16 per cent to a record £5.9 million for 2024-25 comes as a double blessing for Rachel Reeves. On the one hand, she can cite executive greed as a pretext for her forthcoming autumn

Was the car finance judgment fair?

From our UK edition

I must modestly doubt that the Supreme Court justices took account of my 12 July column in their ruling on the issue of hidden car finance commissions. But the effect, limiting compensation claims to the more egregious cases of overcharging, is to do exactly what I hoped: namely to head off ‘a tsunami of claims

Is Len McCluskey a Manchurian candidate for the Tory party?

From our UK edition

At Stansted on Monday, a currency kiosk offered me €270 for £300. ‘Wrong way round,’ I said, having swiftly figured €300 for £270 would represent an exchange rate of 1.11, close enough to the current market level of 1.14. ‘Nah, mate, airport rate, innit?’ This week’s first lesson is never buy euros at the airport;

A new water regime must still reward private investors

From our UK edition

The weekend’s torrential Yorkshire rain amid a hosepipe ban offered a handy metaphor for the chaos that has befallen the privatised UK water industry. Sir Jon Cunliffe’s Independent Water Commission report – aiming for a ‘fundamental reset’ to restore public confidence, clean our waterways and ensure future supply – is welcome for the clarity of

Why wealth taxes don’t work

From our UK edition

The nation owes the former Labour leader Neil Kinnock an eternal debt for losing the 1992 general election when he was clear favourite to win it, thereby sparing us whatever socialist folly he might have brought to Downing Street. I salute him again for popping up to propose a 2 per cent wealth tax on

Don’t compensate drivers for mis-sold car loans

From our UK edition

Surprisingly big numbers are the theme of this week’s column, several having flashed up to disturb the pleasures of a summer season of parties, music and sport. The first is the 69,000 tally of jobs shed in the UK hospitality industry since the increase in employer’s national insurance contributions in October’s Budget – the most

What hope is there for today’s unlucky graduates?

From our UK edition

I’m fresh out of advice for those now leaving university and wondering how on earth they’re going to make a living and live their dreams. This week’s bad news (from the job search website Adzuna) was that graduate and other entry-level vacancies have fallen almost a third since the launch of the AI chatbot. Should

The hidden costs of Angela Rayner’s Employment Rights Bill

From our UK edition

One peril of a sudden adverse turn of global events is that it provides cover for bad domestic government. If confidence is knocked by fear of war, if inflation blips because the Strait of Hormuz is blocked, if demand for defence spending sends budgets awry, voters may easily be persuaded that Middle East conflict, rather

Mark Carney, the mischief-making pin-up

From our UK edition

Well, would you look at Mark Carney. Just three months ago I described the incoming prime minister of Canada and former governor of the Bank of England as ‘a fish-out-of-water technocrat’ who made little public impact over here and was swiftly forgotten after he left in 2020. When I once came across him hunched and

The Sizewell delusion

From our UK edition

The Chancellor’s promise of £14 billion for the Sizewell C nuclear power station in Suffolk is hardly news. The project has been talked about for 15 years while the existing UK nuclear estate has gradually been shut down and the only other new station, Hinkley Point in Somerset, has stumbled to a decade-long delay and

In praise of Michael O’Leary

From our UK edition

NatWest has returned to full private-sector ownership 17 years after the £46 billion bailout that took it into state hands – and five years after the name swap which reduced the once globally trumpeted Royal Bank of Scotland to a humble north-of-the-border branch network, while promoting its English subsidiary NatWest to become the parent brand.

It’s time to get rid of the Rich List

From our UK edition

Here’s a takeover tale that captures the zeitgeist. It involves two FTSE 250 companies and some deep-pocketed US investors – and I’ll explain it as simply as I can. In essence, how would you feel if your GP surgery fell into the hands of American investors associated with the book title Barbarians at the Gate?

Beef farmers have been stitched up

From our UK edition

An awkward delay in the unveiling of the Mansion House Accord was, we’re told, nothing more than a Downing Street ‘timetabling issue’. It was perhaps a tenterhooks issue too, as Donald Trump’s Sharpie hovered over the UK-US trade deal which was clearly going to make bigger headlines. But the Accord also had to contend with

Entrepreneurship matters more than ever

From our UK edition

The Spectator’s Economic Innovator of the Year Awards 2025 are open for entries. We’re excited to hear from high-growth businesses in every sector and every corner of the UK that are leading their markets and making positive contributions to society. And we’re delighted to be working with our sponsor Rathbones, one of the UK’s leading

If the numbers add up, Shell should bid for BP

From our UK edition

A hangar full of analysts and investment bankers must have spent the long weekend formulating advice for Shell chief executive Wael Sawan for and against a takeover of BP. On the plus side, Shell’s strong share performance, reflecting its undiluted focus on oil and gas and boosting its market value to £150 billion, makes a