The Spectator

How much of a litre of fuel is now tax?

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issue 02 April 2022

Common knowledge

Tensions in the visit of the Duke and Duchess of Cambridge to Jamaica led some to speculate that the Commonwealth might not long survive the present Queen’s reign. Who came up with the idea of naming the successor organisation to the British Empire after a term first used by Oliver Cromwell?

– Lord Rosebery is recorded as referring to a ‘Commonwealth of nations’ in 1884, a decade before he became prime minister.

– The term was first used officially in the Commonwealth of Australia Constitution Act 1900, which established a federation of British colonies.

– The idea of a British Commonwealth first surfaced at the 1926 Imperial Conference.

– The word ‘British’ was dropped in 1949.

Taking stock

The Russian stock market partially reopened. Remarkably, there are still some companies listed on the MOEX index which made their investors large profits in the year to 25 March (although not all are available for trading).

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