For all Gordon Brown’s economic mistakes, he at least tried to build confidence in the British economy. In the build-up to the European Union referendum, David Cameron and George Osborne did the opposite. Osborne, as Chancellor, ignored the good news, accentuated the bad and tried to portray Britain as an economic weakling propped up by
Home The collapse of BHS after Sir Philip Green had extracted large sums and left the business on ‘life support’, with a £571 million pension deficit, was ‘the unacceptable face of capitalism,’ said a report by the Business and the Work and Pensions select committees of the House of Commons. The British economy grew by 0.6
When asked to write the Spectator diary, I diligently collated a list of topics to cover. But the problem is I still need to talk about Brexit. Because I’m not over it yet. I don’t mean I am still raging against Leavers and calling for another referendum. Nor do I regret we held it. Instead,
Wrapped in his fantasy world of a Labour party ruling the country in accordance with the diktats of those of its members who support him, Jeremy Corbyn reminds one of Plato’s image of humans trapped in a cave, able only to see the wall in front of them. Behind them, at the opposite end of
Capitalist faces A report by the Business and Pensions select committees described Philip Green as the ‘unacceptable face of capitalism’. That was a description first coined by Edward Heath as Prime Minister in 1973 and applied to Tiny Rowland. — Rowland at the time was engaged in a boardroom battle with fellow directors of Lonrho,
From ‘The military situation’, The Spectator, 29 July 1916: We have a new Secretary for War. Mr Lloyd George, as we all know, is a man of great personal power, with the faculty of stimulating and inspiring, and securing that what he desires shall be accomplished. With him good is not enough. He knows that more and
Better Europeans Sir: There are many reasons why a majority of people in the UK voted to leave the European Union. Among them was certainly not a wish to be inhospitable and uncooperative with our fellow Europeans (Leading article, 23 July). Now it is even more important that EU nationals in Britain should have their
