Ross Clark

How pleasing that the sleazebags at Fifa are finally getting their comeuppance. We have all known what has been going on for years: dodgy deals in hotels, backhanders to secure votes. Who could disagree with the judgement of Greg Dyke, chairman of the FA when he suggested: 'There is no way of rebuilding trust in Fifa while Sepp Blatter is still there.' If we won’t go, let’s boycott the World Cup until Fifa is governed like, er, our own upstanding football establishment. That’s the problem. Yes, of course Fifa is a fetid pit of corruption, but we can’t exactly claim the moral high ground, not with our own history of bungs, match-fixing scandals and player-rapists.

Why is it that whenever anyone proposes a tax on the wealthy all hell breaks loose, but when someone proposes a tax on the poor there is no more than a faint whimper of protest? Yesterday, life sciences minister George Freeman, speaking at the Hay Festival, floated the idea of a sugar tax. In contrast to Labour’s mansion tax or the removal of tax privileges for non-doms, my email inbox was not immediately jammed with statements from upmarket estate agents, accountants and others representing the interests of the rich warning of how it would ruin the economy. It is fairly obvious who will pay the sugar tax: it would be paid for hugely disproportionately by the poor.

The cost of living, the Office of National Statistics (ONS) reported on Tuesday, has fallen by 0.1 per cent over the past year. Or at least it has if you rent your home and have no intention ever of owning your own. If you do aspire to buy a home, on the other hand, you might conclude that the government’s preferred inflation index – the Consumer Prices Index (CPI) -- is a fraud on the public which ignores the single biggest cost you are likely to face in life: buying a property. It includes no element of house prices whatsoever. It includes rents, but in such a way that social housing rents are over-represented. It is only thanks to the exclusion of house prices that CPI is falling when, on the same day, the ONS reported that house prices have risen over the past year by 9.

'Bank of England says that migrants are holding down wages' the headlines screamed this morning. Yet Mark Carney, when interviewed on the Today programme this morning, spun a slightly different story. Migrants bear some responsibility for downwards pressure on wages, he said, but not so much as another group of people: British workers in the 50s and 60s who are returning from retirement, or who never retired in the first place. Over the past two years, net migration is up by 50,000, but that number is dwarfed by 300,000 people whom the Bank of England would normally have expected to have retired by now, but who have carried on in the workplace. In addition, workers are wanting to work extra hours – equivalent to having an extra 200,000 to 300,000 people in the workforce.

How foolish of Ed Miliband to try to pervert the free market in housing with his rent controls. There is a slight problem with this analysis, which we have heard ad nauseam from the Conservatives and from the right in general over the past 24 hours. We don’t have a free market in housing and we haven’t had for at least 65 years, when the planning system came into being. Yes, rent controls would come with the risk of reducing the supply of rental property, pushing up rents and creating a black market in properties sublet at lower than the officially-approved price. But the effect of Miliband’s reforms (which in any case stop short of rent control) would be extremely modest compared with the effect of the market-distortions caused by the planning system.

As soon as I heard the French prosecutor reveal that the co-pilot of the Germanwings jet appears deliberately to have flown his plane into a mountain it took me back to an anecdote told to me by a friend who is an airline pilot. A pilot, like you and I, has to go through scanners being allowed near an aeroplane. On one occasion a security scare had forced him to and his crew to go through a second time. After being asked to remove his shoes he finally flipped: 'look, I'm the pilot,' he said. 'If I wanted to crash the plane all I would have to do is move the stick forwards and we would be diving into the ground.' Since 2001 we have had endless security measures which have no doubt helped to keep terrorists off aeroplanes. We have had bans on liquids and nail scissors.

I always thought that rugby was invented so that there was no chance of public schoolboys having to meet grotty kids from football-playing state schools on the playing fields. But until recently all children, whether in the state or independent sector, did at least take the same exams. Until, that is, there emerged a great divide between GCSE and IGCSE. In January, Education Secretary Nicky Morgan confirmed that international GCSEs, or IGCSEs, will no longer be counted in school performance tables once the first reformed GCSEs start to be taken in 2017. The new courses, like IGCSEs, will be examined at the end of the course, not in modular instalments.

There have been many occasions since the financial crisis that I have been led to question the calibre of the more-than-amply remunerated  ‘masters of the Universe’ who inhabit the City. But this morning brings a fresh insight into the competence of the fund managers who look after our pensions and investments. Biggest riser in the FTSE250 this morning is Domino Printing Services, a Cambridge-based company which makes machines to print barcodes and other rather dull stuff like that. It is up over 30 per cent after confirming that it has accepted a takeover from the Japanese company Brother. Second highest riser in the FTSE250 is the rather better-known Domino Pizza Group, which has outlets on every high street.

Cue the Guardian headlines of ‘exploitation’ in ‘Dickensian’ Britain. Nearly 700,000 people are now working on zero-hours contracts, a rise of 100,000 in just one year. Is that really such a problem? Not among the many people who want flexible work because they want to fit the business of earning money around studying, travelling or other careers. I agree that employers using zero hours contracts should not be allowed to place exclusivity clauses in them, preventing people working elsewhere – and which the government has already said it will ban. But most zero hours contracts do not state this – they offer two-way flexibility, with the employer not obliged to offer employment and employee not obliged to work.