Eu

A response to David Smith’s economic case for Remain

When it comes to making economics understandable, no one does it better that David Smith of the Sunday Times*. Today, he has written a emphatic endorsement of the case for the UK remaining in the EU. As a longstanding admirer of his work, a few points jumped out at me when reading it. Here they are. Britain’s economy is convalescing from the biggest financial shock in a century. A few years ago we were on the edge of the abyss. We live in the shadow of the crisis. One shock was careless: to impose another, self-inflicted one before we’re over it would be stupid. Yes, you can argue that now

James Forsyth

Corbyn’s immigration honesty creates a problem for Remain

Jeremy Corbyn went on The Marr Show this morning to talk about Jo Cox’s tragic death and the EU referendum. Corbyn talked movingly about Cox and how MPs don’t want to be cut off from the communities that they serve. The conversation then moved on to the EU referendum. Andrew Marr asked Corbyn if he thought there should be an upper limit on immigration. Corbyn replied, rightly, ‘I don’t think you can have one while you have free movement of labour’. Now, this is true. But it very much isn’t the Remain campaign script; David Cameron has even refused to admit that his ambition to reduce immigration to the tens

Boris makes it clear he isn’t interested in a coup against David Cameron

The murder of Jo Cox was a moment that leaves you numb; an MP paying the ultimate price for the open society we live in. For the fact that our representatives live and work among us. Despite this tragedy, democracy must go on. By this time next week, the EU referendum will be over. The country will have made up its mind. Whether it is Leave or Remain, the UK will need a period of stability. This means David Cameron staying on as Prime Minister and, as I reveal in The Sun today, plans are already well advanced to ensure that this happens. Boris Johnson has signed a letter saying

Plato on the EU referendum

Our politicians, realising that the referendum campaign will be settled not by themselves under the usual parliamentary constraints but by the Twitter-maddened populace under no constraints at all, have decided to abandon any principles they may have and play the straight populist game. Plato well understood the behaviour and its consequences. In his Republic, he envisages a man in charge of a large and powerful animal who studies its moods and needs. He learns when to approach and handle it, when and why it is savage and gentle, the meaning of the various noises it makes and how to speak to it to annoy or calm it. He might then

Tom Goodenough

Mark Carney uses interest rate decision to put the boot in over Brexit again

The Bank of England’s decision to keep interest rates pegged at 0.5 per cent won’t surprise anyone. What is more interesting, after today’s row involving Mark Carney, is how much the Bank had to say about the EU referendum. Brexiteers hoping Mark Carney and the BoE’s Monetary Policy Committee would keep quiet about next week’s vote will be disappointed. In its meeting minutes, the MPC gives it both barrels when warning about the dangers of Brexit. The MPC says a vote to leave would send sterling’s exchange rate tumbling. It goes on to add that: ‘As the Committee set out last month, the most significant risks to the MPC’s forecast

Don’t panic! Turkey won’t be joining the EU anytime soon

The Leave campaign sees the EU-Turkey accession talks as a reason to drum up fears about migration. In fact, it is a red herring. True, David Cameron may have previously been one of the most vocal champions for Turkish EU membership, even if during the referendum campaign he said that Turkey will not join ‘until the year 3000’. But despite his apparent contradiction, he is right about one thing: Turkish membership is a long way off. So what do the accession talks look like as they stand? They are made up of 35 chapters in all but so far only one chapter – on science and research co-operation – has

James Forsyth

Leave six points ahead in latest phone poll

Fraser Nelson and Nick Cohen discuss The Spectator’s decision to back Brexit: The Ipsos MORI phone poll released this morning shows a dramatic turnaround since its last poll which had a double digit advantage for Remain. Leave is now six points ahead amongst those likely to vote. This means that Leave has been ahead in 7 out of the last 10 polls and 2 of the last 4 phone polls. Almost as worrying for the Remain campaign as the headline number is what the internals of the Ipsos MORI poll show. In a change from last month, immigration is now the top issue for people in this referendum, overtaking the

Tom Goodenough

The Spectator podcast: The Spectator backs Brexit

To subscribe to The Spectator’s weekly podcast, for free, visit the iTunes store or click here for our RSS feed. Alternatively, you can follow us on SoundCloud. In the magazine this week, The Spectator has urged its readers to back Brexit. In our leading article, The Spectator says that the European Union is making the people of our continent poorer, and less free and that the EU has started to deform our Government. When the country last held a referendum on Europe, ever newspaper in the country advocated a ‘Yes’ vote, apart from two: the Morning Star and The Spectator. And since then, our leader says this week, the EU

Nick Cohen

Brexit’s bitter harvest

Nick Cohen and Fraser Nelson discuss The Spectator’s decision to back Brexit: We British flatter ourselves that common sense is a national personality trait. Giddy Europeans may follow the abstract notions of dangerous leaders, but we could not be more different. We are a practical, moderate breed — if we do say so ourselves — who act according to the evidence, not fantastical theories. Let me see how this dear delusion is bearing up. It feels as if the Leave campaign will win the EU referendum. But even if Leave loses, it seems certain that it will perform so well as to produce an existential crisis in both our main

Who to nudge next

‘For ten years or so, my name was “that jerk”,’ says Professor Richard Thaler, president of the American Economics Association and principal architect of the behavioural economics movement. ‘But that was a promotion. Before, I was “Who’s he?”’ Thaler has had to get used to putting noses out of joint. His academic research, initially controversial, sparked an entirely new branch of economics, and now governments are adopting his theories across the globe. But he met plenty of resistance along the way. ‘You get your ideas straight when you argue with those whose views are most different from yours,’ he says. Struggling with his doctorate in the early 1970s, Thaler faced an

Out – and into the world

  The Spectator has a long record of being isolated, but right. We supported the north against the slave-owning south in the American civil war at a time when news-papers (and politicians) could not see past corporate interests. We argued for the decriminalisation of homosexuality a decade before it happened, and were denounced as the ‘bugger’s bugle’ for our troubles. We alone supported Margaret Thatcher when she first stood for the Tory leadership. And when Britain last held a referendum on Europe, every newspaper in the land advocated a ‘yes’ vote. Only two national titles backed what is now called Brexit: the Morning Star and The Spectator. Our concern then

Martin Vander Weyer

As my pen hovers over the ballot paper, I ask: am I a roundhead or a cavalier?

My pen hovers — but refuses to touch the postal ballot paper. I pour a drink (I won’t say whether claret, schnapps or English ale) and break off to watch Versailles, with its parade of lecherous continental backstabbers. The blood stirs, but still I cannot choose. So I defer the moment of decision, Remain or Leave, until after a short trip to France… Middle-aged match Meanwhile, business as usual. Microsoft is spending $26 billion to acquire LinkedIn, the social network for job-seekers. That looks a crazy price for a venture which lost $166 million last year on revenues of $2.9 billion and has never been regarded as cool. But what

James Delingpole

I’ve seen the future – and it’s beautiful

 Berne, Switzerland Before we vote Brexit I thought I’d pop over to Switzerland — courtesy of Die Weltwoche, the nearest local equivalent to The Spectator — to see how life will be once we escape the EU. Can confirm: it’s going to be great. We’ll be richer, freer and the views are fantastic: lakes and mountains so stupidly gorgeous that each time you look at them you think: ‘This is ridiculous. Nowhere could possibly be this ludicrously pretty.’ Then you go under a tunnel to the next valley where it’s just as lovely. It’s like gorging on a giant bar of hazelnut Lindt. And — in their understated Swiss way

Mary Wakefield

The day that Brexit camped in my kitchen

On Thursday last week, as the baby and I were moving in our usual slow circles around the house, from changing station to feeding station to the place of dreaded midday nap, my husband, Dom, called to say he and all his colleagues were coming over. Dom is employed by Vote Leave, the group campaigning for us to get out of the European Union. He’d been hard at work, he said, sharing his concerns about Turkey with the media, when water had begun to gush from the ceiling. Was this a desperate move by No. 10, intent on sabotage? Nope, said Dom, but we can’t stay here so I’ve invited

Gove wouldn’t support Osborne’s ‘punishment Budget’

One consequence of David Cameron’s refusal to take part in any ‘Blue on Blue’ debates is that he and Michael Gove are appearing several days apart on BBC Question Time. Tonight, it was Gove’s turn to face the studio audience. In reply to the first question, Gove made clear that—in the event of Britain voting to leave—he wouldn’t support the so-called ‘punishment Budget’ that George Osborne set out today. Gove said that the Remain campaign were ‘turning it up to 11’ on the scare stories as polling day approached. Though, interestingly, he studiously avoided any personal criticism of Osborne. With the polls tightening the Remainers are getting more passionate, and

Steerpike

Watch: Andrew Neil grills Ed Vaizey for a second time over George Osborne’s EU spin

The last time Ed Vaizey appeared on the Daily Politics to defend one of George Osborne’s dodgy dossiers, the result was not pretty. The culture minister’s bumbling performance was compared to that of The Thick of It‘s Ben Swain, in his Newsnight interview. So, it was an interesting decision to send Vaizey back onto the airwaves today to defend Osborne’s new Brexit ‘punishment budget’. With the Chancellor of the Exchequer promising to go back on election promises and raise taxes if the people dare to vote for Brexit, Andrew Neil put to Vaizey that it didn’t add up: AN: Why does a shallow recession result in this massive punishment in

Tom Goodenough

Scottish Brexit poll shows big drop in support for ‘Remain’

‘Remain’ have being having a woeful time in the polls lately, with numerous surveys putting ‘Leave’ ahead. But north of the border, it’s been widely thought that it’s a different picture and that those wanting Britain to remain in the EU outnumbered those backing Brexit. A new poll out just now suggests that whilst that might still be the case, ‘Leave’ has also gained considerable ground in Scotland. The STV poll, put together by Ipsos Mori, shows that support for ‘Remain’ has been slashed by 13 per cent since April. Back then, 66 per cent of Scots surveyed backed Remain, compared to just 29 per cent who were planning on

Steerpike

Hapless Remain chief makes a comeback… to attend fashion bash

With the Remain camp now seen to be lagging behind Leave both in terms of momentum and polling, it’s a case of all hands on deck with the In crowd. However, as Mr S has previously noted, Britain Stronger in Europe’s chairman Stuart Rose has been nowhere to be seen of late. After a number of embarrassing slips — from claiming wages would rise if Britain leaves the EU to forgetting the name of his own group — Rose has retreated from the limelight. However as polling day nears, Remain-ers can take heart that he has made a return to the spotlight. Only rather than getting out on the campaign trail, Rose instead decided to