Michael Simmons

Michael Simmons

Michael Simmons is The Spectator's economics editor. Contact him here.

DEBATE: is Starmer right to ban social media for under 16s?

18 min listen

Keir Starmer has announced his plans to ban social media for under 16s in Britain. The ban is due to come in early next year and include all main social media apps. Age-recognition and digital ID checks will be used to keep children away from social media. But when it comes to child safety, will it make a difference? And what are the unintended consequences of a ban? Michael Simmons challenges The Spectator's John Power. This episode is brought to you by Artemis Fund Managers, for more information on our fund range please click here https://www.artemisfunds.com/ .

DEBATE: is Starmer right to ban social media for under 16s?

Why Trump’s Iran deal won’t save Starmer

13 min listen

Donald Trump has announced a deal to end the war between Iran and the US, but in Westminster, the relief comes with serious questions. What does the deal actually contain? Will the Strait of Hormuz reopen quickly enough to bring down oil prices? And could any economic boost come too late to save Keir Starmer? Elsewhere, Keir Starmer has announced under-16s will be banned from social media by spring 2027. The policy may be popular with parents, but the details remain sketchy: how would it be enforced, would it require facial recognition or digital ID, and could teenagers simply get around it with VPNs? Tim Shipman and Michael Simmons discuss with Megan McElroy.

The Waspi women are grifters

One of the things wrong with Britain is our inability to say no to campaign groups once they win a hearing on the One Show. One rare exception to that has been Starmer’s cabinet standing up to Women Against State Pension Inequality (Waspi) – the least deserving compensation group in the history of these isles. At the beginning of this year, Welfare Secretary Pat McFadden recommitted the government to the decision to refuse compensation to the 3.6 million women born in the 1950s who claimed not to have been informed that their state pension age would rise to bring it into line with the male retirement age. McFadden was right to make that decision because the claim is beyond baseless.

How corporate woke sent Pride broke

How corporate woke sent Pride broke

For years, Pride month has been an unmissable fixture in the corporate calendar. But recently, many of the world’s biggest brands appear to be quietly backing away – toning down campaigns, dropping rainbow logos and retreating from the culture wars. The Spectator’s economics editor Michael Simmons looks at why corporate Pride is losing its commercial appeal. Is this a genuine shift in public opinion, a fear of consumer backlash, or simply a case of companies deciding that activism no longer pays? Brendan O’Neill also joins the show to discuss what the retreat from Pride says about business, politics and the changing culture of corporate virtue-signalling.

Lisa Haseldine, Michael Simmons, Patrick Smith & Toby Young – with Nigel Farage

29 min listen

On this week’s Spectator Out Loud: Lisa Haseldine reports from Armenia; Michael Simmons argues neoliberalism has never really been tried; Patrick Smith explains why he takes frog poison; and finally, Toby Young wonders why Nigel Farage cares if he has been banned from Desert Island Discs. Plus: the Reform UK leader reveals – exclusively to James Heale – what he would choose if he went on the show. Produced and presented by Patrick Gibbons.

Lisa Haseldine, Michael Simmons, Patrick Smith & Toby Young – with Nigel Farage

Henry Nowak: which leader has struck the right tone

In PMQs today, Kemi Badenoch strategically chose not to talk about the Henry Nowak case given the sensitivity surrounding the subject. Instead she opted for welfare – asking the PM why spending has grown during Labour's government. A statistic some Labour MPs seemed proud of... Nigel Farage however didn’t hold back and clashed with Keir Starmer over the police's handling of the murder of student Henry Nowak. Oscar Edmondson is joined by Noa Hoffman and Michael Simmons.

Labour's mixed mood on welfare

True neoliberalism has never been tried

Friedrich Hayek once argued that if you put the word ‘social’ in front of a noun, the meaning was negated. Social justice wasn’t about due process; social democracies didn’t safeguard freedom. For those on the left, who can never have enough social-isms, there is a more toxic prefix. If you want to damn something, stick a ‘neo’ in front. Nothing is quite as wicked as a neoconservative, but coming dangerously close is a neoliberal. Liberals were once generally supposed to be the squishiest of centrists. But listen to the men and women making the weather in British politics now, and you’d imagine that neoliberals were the horsemen of the apocalypse. Andy Burnham has blamed ‘40 years of neoliberalism’ for the problems faced by workers in Makerfield, and indeed beyond.

What the Mandelson files tell us about Labour’s predicament

The final tranche of the Mandelson files was released this afternoon – though no thanks to Lord Mandelson. A Cabinet Office note released alongside the 1,500 pages of documents covering Mandelson’s time as our man in Washington said that messages held on his personal phone would not be handed over. As this was not a statutory inquiry, the Cabinet Office concluded it ‘has no further recourse to search the personal devices of Peter Mandelson’. What they do have, though, are messages between Mandelson and members of the government who have had no choice but to comply. For those hoping for explosions, this particular minesweeper has not – at the time of writing – found much.

Is it too late for Britain’s ‘lost generation’?

13 min listen

More than 600,000 16 to 24-year-olds are neither in work nor looking for a job. Youth worklessness is now costing Britain £125 billion a year – almost double the country’s entire defence budget. Those are the findings of Alan Milburn’s new review into youth worklessness, who warns that the UK is facing an ‘urgent national crisis’. But is it already too late? Noa Hoffman is joined by James Heale and Michael Simmons to discuss.

MPs don’t want to confront the youth worklessness crisis

‘It is hard not to be pessimistic when you examine the data,’ former health secretary Alan Milburn says in the foreword to his report into young people doing nothing with their lives. That is quite the understatement. Figures released this morning by the Office for National Statistics show that the number of those classed as not in education, employment or training (Neets) has passed one million – 13.5 per cent of all 16 to 24-year-olds. But Milburn’s review into the crisis suggests we are nowhere near the peak. Forecasting carried out for the report estimates that the rate could hit 16 per cent within five years, meaning more than 1.25 million young Britons would be classed as Neets.

Did Sturgeon really have nothing to do with the SNP’s finances?

Having said she would make no further comment on the imprisonment of her husband, Nicola Sturgeon’s lawyer has issued two further statements on her behalf. Aamer Anwar – a sort of Better Call McSaul – is an odd choice to represent a former first minister who wants to be left alone, given that he’s perhaps the most limelight hungry lawyer in Scotland, if not all of Britain.  His latest utterance on behalf of his client addresses the claim that Sturgeon should have clocked her husband’s embezzlement through her oversight of the SNP’s accounts. Even if she had no idea what he was up to in the marital home, so the argument goes, she should have at least spotted the discrepancies in the SNP’s finances.

What did Nicola Sturgeon know?

12 min listen

Peter Murrell, the SNP’s former chief executive and Nicola Sturgeon’s estranged husband, has admitted embezzling £400,000 in party funds. The guilty plea has revived questions about what senior figures in the SNP knew, how long the scandal had been going on, and what happens next. To discuss the story, including some of the ridiculous purchases including a couple of hairdryers (for a bald man) and £2600 salt and pepper shakers, James Heale and Michael Simmons join Megan McElroy.

Which Andy Burnham will we get this time?

16 min listen

Andy Burnham has officially launched his campaign today to be MP for Makerfield (read: Prime Minister). But what does he actually stand for? We’ve had briefings that, despite being the candidate of the soft left, he will stick to Rachel Reeves’s fiscal rules and keep Shabana Mahmood’s immigration reforms. He’s flirted with nationalisation of utilities, but which exactly? What’s the big pitch? Burnham’s launch comes the day after some good news for the government, after net migration hit its lowest level since the pandemic. The number of people moving to Britain dropped to 171,000 in the 12 months to December, nearly half the figure recorded the year before. So why isn’t the government shouting about it? Oscar Edmondson speaks to Michael Simmons and Noa Hoffman.

Which Andy Burnham will we get this time?

The real reason inflation has fallen

Reprieve! The British consumer has received a stay of execution. Figures just released by the Office for National Statistics (ONS) show inflation last month fell to 2.8 per cent – down from 3.3 per cent in March and by more than most economists had forecast. But don’t bother reading the ‘corner has been turned’ press release that the government will issue later, because today’s improvement is sadly not about to become a trend. Rachel Reeves has played some part in these figures: by removing various energy levies from household bills and freezing some other regulated costs. That's meant price rises in April were not as bad as they might otherwise have been. But the real reason the figures have come down is because of how bad Awful April was last year.

Trump’s tariffs & Mamdani’s New York – can anything destroy America’s economy?

Is the US economy immune to harm? It has been tested this year under Trump's trade tariffs, and inflation fears. Kate Andrews, former economics editor of The Spectator now opinion journalist at the Washington Post and host of the Make it Make Sense podcast returns to Spectator TV with Michael Simmons to discuss the US economy, whether Mamdani is as bad as Zack Polanski, Andrew Bailey vs Kevin Warsh the UK's growth figures.

Trump's tariffs & Mamdani's New York – can anything destroy America's economy?

Will the bond markets undo Burnham?

13 min listen

Andy Burnham’s campaign for Makerfield is already gathering pace, complete with Oasis soundtrack to a new campaign video. But as Labour’s would-be challenger tries to pitch himself as the man to replace Keir Starmer, questions remain over his economic credibility. Michael Simmons and Tim Shipman join Noa Hoffman to Burnham, the bond markets, and if Starmer can really dig in if Burnham wins the by-election.

The youth unemployment crisis is Starmer’s legacy

When Labour MPs eventually hoof Keir Starmer out of office, the Prime Minister and his neighbour in No. 11 will surely come to be remembered for one failing above all others: the youth unemployment crisis. Look at unemployment among Britain’s young and an even bleaker, yet more concrete, picture emerges Figures just released by the Office for National Statistics (ONS) show the unemployment rate climbed again to 5 per cent – up half a percentage point on a year ago. Worse: the true unemployment figure is probably a tad higher. The single-month estimate for February is implausibly low compared with neighbouring months (it's 5.5 per cent in March) and so, when it falls out of the three-month average next month, an even worse picture will likely emerge.

Andy Burnham will soon hit reality

‘Politics needs to change,’ Andy Burnham, our presumptive next prime minister, told the ‘Great North Summit’ in Leeds this afternoon. Burnham used the event to declare that what is set to be ‘no ordinary by-election’ should set the stage for a ‘bigger debate about how politics needs to change if it is to work properly for the north of England’. The Manchester mayor argued that Britain had been on the ‘wrong path’ for the last 40 years and that change was needed. He pointed to the ‘devastating deindustrialisation’ of the 1980s that has been ‘compounded’ by ‘deregulation, privatisation and austerity’. His remedy, then, is presumably to attempt to reverse all that.