Politics Archives

Sunday

2 Oct 2022

‘It’s not conservative’: Gove’s verdict on Liz Truss’s economic plan

It was right of the Prime Minister to acknowledge that the fiscal event (the mini Budget) needs to be revisited. There needs to be a recognition of mistakes. But it’s still the case, on the basis of what the Prime Minister said this morning, that there is an inadequate realisation at the top of government at the scale of change required. So, yes: the energy package was the most important thing in the fiscal event. But 35 per cent of the additional money that we are borrowing is not to cut energy costs; it is for unfunded tax cuts. I’m profoundly concerned about that because there are two major things

Sam Ashworth-Hayes

What do the Tories have to show from their time in power?

After 12 years in Downing Street, four prime ministers (so far), two monarchs, and one mini-budget, the public are starting to drop hints that it’s time for Tories to head home. As Conservative conference kicks off, it’s as good a time as any to take stock: what do the Tories have to show for their many years in office? The truth is that the party’s legacy amounts to little, but it has done one thing well: keeping Labour out of power. This is hardly something to boast about. The 2010 Conservative manifesto opened with the declaration that ‘our economy is overwhelmed by debt’. The public finances would dominate David Cameron’s

Rupert Darwall

Is this a Black Wednesday moment for the Tories?

Kwasi Kwarteng delivered his mini-Budget one week after the thirtieth anniversary of Black Wednesday, when the markets forcibly ejected sterling from the Exchange Rate Mechanism (ERM). There’s one measure that makes recent market turmoil seem modest and even manageable by comparison with Black Wednesday. According to the Bank of England’s database, the pound fell 2.16 per cent against the euro on the day the Chancellor delivered his fiscal statement. By last Thursday, the pound was down only 1.91 per cent against the euro. Black Wednesday and its immediate aftermath saw sterling fall 13.9 per cent against the Deutschmark. In all other respects, however, the economic and political situation is more

Norman Davies

A short history of language in Ukraine

After six months of war in Ukraine, most observers agree that the roots of Russian aggression lie in the country’s deep-rooted attitudes to culture and history. In line with Russia’s nationalist traditions, Putin denies any place for a separate Ukrainian identity. The Ukrainians, in contrast, see themselves as a proud nation with their own history, culture, centuries long struggle for independence, and, of course, language. And while Ukrainian has been dismissed as a dialect of Russian in Moscow, it in fact has a long history – and is very much a language in its own right. That independence can be seen in the genesis of the word ‘Ukraine’ itself. In

Saturday

1 Oct 2022

Julie Bindel

Is sanity returning to the trans debate?

At last, Mermaids, the UK charity for, in their own words, ‘gender variant and transgender children’ is under the spotlight. Following investigations by the Telegraph and Mail newspapers, as well as demands from critics concerned about child safeguarding, the Charity Commission has launched a regulatory compliance case and have said that they have written to the organisation’s trustees. The investigations found that Mermaids has been offering breast binders to girls reportedly as young as 13, and despite children saying their parents opposed the practice. Binding can often cause breathing difficulties, back pain and broken ribs. It was also uncovered that kids have been ‘congratulated’ online for identifying as transgender by

Ian Williams

China’s lockdown nightmare is far from over

Another Covid-19 lockdown, another angry confrontation. This time it was on the streets of Shenzhen, China’s high-tech hub, where videos this week showed an angry crowd facing off against police officers wearing protective medical gear, including blue gowns, masks and plastic visors. ‘Lift the lockdown’, the protesters yelled, pushing against hastily erected barricades. Some threw plastic bottles at the police. In one clip, a woman can be heard shouting, ‘The police are hitting people’. The protest, one of several reported in the city, followed an order for residents of three districts to stay at home after just ten infections were detected. Subway stations were closed, and affected areas cordoned off.

Gus Carter

Jenny McCartney, Dan Hitchens and Gus Carter

24 min listen

This week on Spectator Out Loud, Jenny McCartney argues that tomorrow belongs to Sinn Fein in Northern Ireland. What could this mean for reunification (00:55)? Then, Dan Hitchens asks why Oxford killed a much loved catholic college (11:44) before Gus Carter reads his notes on the tabletop game Warhammer (20:12). Produced and presented by Oscar Edmondson.

Andrew Lilico

What Liz Truss should do now

Markets are nervous and they are right to be. The government has announced a huge, open-ended package of energy subsidies expected to cost over £100 billion but that could cost over £200 billion if energy prices rise and stay high. At the same time, the Bank of England is making large losses on its QE bond-holdings as government bond prices fall as an automatic result of current and future-expected interest rate rises – by some estimates costing potentially another £200 billion. This leaves a possible £400 billion hole in the nation’s finances. The government says it will spell out how that will be paid for in November. From a policymaking perspective

Steerpike

The best events at Tory conference 2022

Well it’s that time of year again. Fresh from internecine civil war, the Tory party will drag itself together again this weekend for another Conservative Party Conference, this year held in the great city of Birmingham. Mr S has done some scanning and it appears that Michael Gove takes the gong for most scheduled appearances this year with nine – watch out Liz. Kemi Badenoch and Jacob Rees-Mogg are meanwhile due to make six, with Tom Tugendhat and Suella Braverman making five and four respectively. Below is Steerpike’s guide to the best events listed for this week’s Tory conference. SUNDAY – 2ND OCTOBER Chopper’s politics live Time: 13.00 – 14.00

Jonathan Miller

Will Giorgia Meloni be an enemy of Macron?

French elites are annoyed and perturbed that Italian elections have produced a new prime minister of the right, Giorgia Meloni, whom many within the Paris groupthink bubble consider to be practically a fascist. Not welcome news for Emmanuel Macron, who is up to his neck in problems. His European Renaissance is flailing. Eurozone inflation is at 10 per cent. Macron’s failure to win control of the National Assembly after his own reelection this year has derailed his legislative program, including pension reform, its centrepiece. Germany has turned out to be a catastrophic best friend, Merkel disappearing in a puff of smoke leaving energy chaos behind her. And now the Italians

Friday

30 Sep 2022

Svitlana Morenets

Will Nato accept Ukraine?

Shortly after the invasion of Ukraine, Volodymyr Zelensky made an offer to Vladimir Putin. Ukraine would drop its ambition to join Nato and would instead stay neutral, he said. It would not align with the West, in exchange for an end to hostilities. It was a sincere offer, and unpopular with Ukrainians. Yet it was significant: Putin had cited Ukraine’s Nato ambitions as the main reason for the invasion, saying it showed the West was somehow threatening Russia. But today, that offer ended and Zelensky is seeking the ‘accelerated’ Nato accession granted to Finland and Sweden this year. Will Nato accept? Jens Stoltenberg, Nato Secretary-General, dodged the question when asked today. ‘Our focus

Nick Cohen

‘Liz Truss hasn’t understood a word I wrote’, says PM’s favourite author

As I reported this summer, Liz Truss’s favourite historian is Rick Perlstein, the great chronicler of the rise of the new right in its Nixonian and Reaganite forms between 1960 and 1980. She told journalists that she read ‘anything’ he wrote. Interviewers noticed Perlstein’s books on her shelves. In a strange compliment to the American historian, Truss or sources close to her briefed The Spectator‘s Katy Balls with precise (if unacknowledged) quotes from his account of the rise of Ronald Reagan. I sent Perlstein my piece and asked for his thoughts. Let me put it like this: he may be her favourite historian, but she is not his favourite politician. Not

Steerpike

Tory 2019 intake turns on Truss

So much for the honeymoon. Liz Truss closes her first ‘proper’ fortnight of politics this weekend with her backbenchers in open revolt and talk already building of a mounting government U-turn. There have been plenty of damning verdicts on last Friday’s ‘mini Budget’ but none more so than the YouGov poll which put Labour a whopping 33 points ahead of the Truss’s Tories. And now Mr S brings news of fresh woe to the under-fire PM as she battles to save her premiership. A poll by Redfield and Wilton of Conservative voters at the 2019 election shows just how few were impressed with the headline measures of her first fiscal

James Forsyth

Why Liz Truss can’t back down

Is there a way for the government to get out of the mess that it is in? This is the question obsessing ministers and Tory MPs. If the government doesn’t set out how it intends to square the circle, it’ll be risking more market mayhem. But as I say in the Times today, it is very hard to see a way out of this that is both politically palatable and economically possible. Nervous Tory MPs are being told by one of Truss’s cabinet allies ‘the solution is to be very tough on public spending’ A rapidly growing number of Tory MPs think the government should abandon or delay the abolition

Lisa Haseldine

Putin fires a warning to the West

‘The West has let their mask slip and revealed their true nature!’ That was Vladimir Putin’s message to a hall of vacant-looking officials at the Kremlin this afternoon. The Russian president gathered the great and the good of Russia to reveal the formal annexation of the Ukrainian regions of Donetsk, Luhansk, Zaphorizhzhia and Kherson. But Putin’s audience in the hall would be forgiven for quickly losing sight of this. This was a speech aimed at Russia’s enemies in the West. Putin justified the expansion of the Russian Federation by insisting that the four now-annexed Ukrainian territories had voted in favour of joining Russia: ‘This is the will of 20 million people’, he said. The

Kate Andrews

Can Liz Truss regain market confidence?

When the Liz Truss camp floated the idea of side-lining the Office for Budget Responsibility for her government’s first fiscal statement, the argument went that the announcements would be targeted at the energy crisis – and they couldn’t wait. As anticipation around the fiscal event grew, and it became clear that it would include much more than an energy update, MPs started to suspect foul play – that this was an overtly political attempt to avoid scrutiny of Kwasi Kwarteng’s growth plans and spending splurge. This suspicion is only going to grow now that the OBR has confirmed that draft forecasts were presented to the Chancellor on his first day

Katy Balls

Liz Truss’s mea culpa moment

11 min listen

Despite rejecting the Office for Budget Responsibility’s offer of a forecast to accompany last week’s so-called fiscal event, this morning it appears that the government have u-turned. What can we expect from the OBR’s statement ahead of the November budget? Also on the podcast, after last night’s YouGov poll put Labour ahead by 33 points, how has the news been received by Conservative MPs? Will Truss row back on her economic plans? Katy Balls speaks to Fraser Nelson and James Forsyth. Produced by Natasha Feroze and Oscar Edmondson.

Mark Galeotti

Even Putin’s minions are turning against him

Sergei Melikov, head of the Dagestan Republic within the Russian Federation, is hardly a dissident. As Colonel General Melikov, he was deputy head of the National Guard, the main militarised internal security force, and he has been a loyal agent of Moscow’s all his life. Nonetheless, he has become a no-doubt-temporary phenomenon on social media for his abusive diatribe against over-enthusiastic military recruiters. Draft officers had been driving round Derbent, Dagestan’s second city, loudspeakers blaring calls for every adult male to go straight to their local military commissariat. ‘Utter nonsense’ was about the most polite thing Melikov had to say about this ridiculous (and illegal) gambit. He even implied that

Tom Slater

Who’s to blame for our censorious students?

Without freedom of speech, you do not have a university. More than any other value, it is freedom of speech that most defines the university, that makes it a special place in society set aside for debate and inquiry in which speech and thought should be freer than in practically any other workplace or institution. And yet an alarming proportion of students seem not to have got the memo. A new study by the Policy Institute at King’s College London confirms what has been clear for some time: that today’s students, far from being rebellious free-thinkers, are if anything more supportive of censorship than the general population. The numbers are pretty

Kate Andrews

Liz Truss’s mea culpa moment

The fallout from last Friday’s mini-Budget has been bigger and more volatile than almost anyone expected, with sterling hitting an all-time low against the dollar; runaway gilt yields; a U-turn from the Bank of England on its plans to start quantitative tightening. And that was all by Wednesday lunchtime. Will things be looking up anytime soon? The pound has recovered to pre-mini-Budget levels, hovering around $1.11, a point the Prime Minister’s supporters are keen to emphasise. But the pound has always been a secondary part of this story: with soaring borrowing costs the primary indication of the market’s confidence (or lack thereof) in the government’s tax cut-and-spend strategy. The real

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