Kate Andrews is economics editor of The Spectator
12 min listen
It’s been just over a week since Vladimir Putin began his invasion of Ukraine and in that time we have seen some truly unprecedented events: A former comedian leading an extremely effective homeland resistance against one of the world’s largest armies, an estimated million people fleeing over the borders and a more unified Western response
How quickly can a G20 economy collapse? That question has come to the fore this week, as the world has united in targeting Russia’s economy while Vladimir Putin continues his illegal invasion into Ukraine. So far, the rouble is down more than 30 per cent on where it was pre-crisis, at an all-time low against
Pushing Russia out of Swift, the international bank transfer system, has long been spoken of as one of the most forceful economic moves the West can make. Only last week Joe Biden suggested the idea was off the table as the Europeans did not want to do it, with so many countries dependent on Russia’s
11 min listen
Katy Balls speaks to Kate Andrews and Tony Danker, the director general of the Confederation of British Industry (CBI), about the Chancellor’s Mais lecture on Thursday, where he reaffirmed his belief in ‘sustainably’ cutting taxes.
Sanctions hit both sides: this is a point that Joe Biden has made to Americans and Olaf Scholz is making to Germans. But Boris Johnson is not (so far) talking about the economic implications of this war. They will be — and in fact, already are — profound. When Russian tanks moved into Ukraine, the price
Vladimir Putin’s threats towards Ukraine have, in part, been an operation in stoking divisions throughout the West. As James Forsyth explains in the magazine’s latest cover piece, it was just weeks ago that Germany was not on the same page as the US and the UK about what actions from Putin might classify as an
Who runs the NHS? With a £136 billion budget for NHS England and NHS Improvement eating up 17.5 per cent of tax revenue, there should be a clear answer to this. But ministers were left wondering when the time came to announce what the health service would achieve with its extra £12 billion from the
With prices soaring, interest rates rising and the cost of living crisis growing more acute by the day, we could do with some more positive news: and this morning’s GDP update has played a small part in providing it. Despite suffering the largest economic contraction in 300 years in 2020 – and taking the biggest
21 min listen
On this week’s episode, we’ll hear from Kate Andrews on the NHS’s waiting list crisis. (00:52) Next, Kevin Hurley on the impact of demonising the police force. (07:04) And finally, Lawrence Bernstein on the secretive world of speech writing. (12:41) Produced and presented by Sam Holmes Subscribe to The Spectator today and get a £20
Before the pandemic hit, NHS England waiting lists were at a record high of 4.4 million. Three lockdowns later, they’ve risen to six million: an unacceptable figure for a Tory government which has spent years trying to rebrand itself as the ‘party of the NHS’. Boris Johnson’s decision to break his manifesto pledge and raise
Before the pandemic hit, NHS England waiting lists were at a record high of 4.4 million. Three lockdowns later, they’ve risen to six million: an unacceptable figure for a Tory government that has spent years trying to rebrand itself as the ‘party of the NHS’. Boris Johnson’s decision to break his manifesto pledge and raise
In recent weeks alleged lockdown parties and suitcases full of wine have been the biggest threat to Boris Johnson’s premiership. But throughout the winter months, another threat has been brewing — one that could, in the longer term, determine the government’s fate. Britain’s cost of living crisis has been steadily worsening as price hikes for
Boris Johnson and Rishi Sunak’s plan to press on with the new health and social care levy is not a huge surprise. The deal between them last year to get social care reforms over the line boiled down to a simple principle: new spending projects must be fully funded. That remains as important to the
After promising not to raise National Insurance in the 2019 manifesto, the Tories are preparing to do just that in April with their new ‘health and social care levy.’ The levy is set to add £200 to the average worker’s tax bill. Why have the Tories broken this manifesto promise? Because there was a pandemic,
If Boris Johnson manages to cling on to his job, he’ll have much more than the parties of lockdowns past to worry about. Britain’s cost of living crisis is worsening still, with CPI inflation rising by 5.4 per cent in the 12 months leading up to December last year. This has, once again, outpaced consensus, surging
Nearly two years after the UK experienced its biggest economic collapse in 300 years, the economy has returned to pre-pandemic levels. GDP is estimated by the ONS to have grown by 0.9 per cent in November, almost twice what had been expected – making it 0.7 per cent larger than it was in February 2020.
34 min listen
In this week’s episode: Is Boris Johnson done for? In this week’s Spectator cover story, our political editor James Forsyth and our deputy political editor Katy Balls write about Boris Johnson’s perilous position in the aftermath of the Partygate scandal. They join the podcast to predict the Prime Minister’s fate. (00:40) Also this week: Is
Around five years ago I started to receive requests online for photos of and details about my feet. I’ve been asked for foot pictures intermittently ever since. Most of the gentlemen are upfront about what they’re after (‘send foot pic plz’), but one man went above and beyond in his pursuits. Posing as an academic,
I knew when I boarded the plane home to America on Boxing Day that I was heading to an unhappy place. There may be lots of shortages in the United States right now, but anger is on tap (so say the think pieces). Americans are ‘furious’, ‘divided’, we’re told, and the ‘two sides’ are completely
Forget the desirability (or lack thereof) of tax hikes: can Britain survive them? That’s the economic question that kicked off the new year in cabinet this week when Jacob Rees-Mogg was reported to have encouraged the Prime Minister and his colleagues to roll back plans to bring in the new National Insurance levy this April.
