Kate Andrews is economics editor of The Spectator
Calls to reform corporation tax are nothing new and don’t just come from the left. The inefficient and bureaucratic nature of the tax has been highlighted by free-market advocates for years, as it becomes increasingly obvious that, in the age of multinationals and digital tech giants, the structure is no longer fit for purpose. Action
Amidst all the explosive claims made by Dominic Cummings during today’s select committee hearing, one towards the beginning of the seven-hour session seemed rather unintentional. When asked by Rebecca Long-Bailey MP about what economic assessments were made when considering the first lockdown, Cummings responded that there was no straight-forward ‘document floating around’ which laid out
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18 months on from its first Covid case and Britain appears to finally be on the verge of victory over the pandemic. But while Covid deaths, hospitalisations and cases have all plummeted, the year-long disruption to the wider health service has led to stark predictions of another health emergency – a looming crisis in undiagnosed
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What does the future of transport look like? From electric vehicles to driverless cars, a smarter way to get around the city may be just around the corner. The future of transport will be more efficient, more digital and greener – but what are the challenges that still stand in the way? Kate Andrews talks
Boris Johnson’s favourite phrase since he released his roadmap out of lockdown has been ‘cautious but irreversible’. These are the three words that supposedly describe the UK’s six-month timeline to freedom since it went into lockdown at the start of the year. But the phrase was notably absent from tonight’s press conference. Instead, the Prime Minister
Two months ago The Spectator reported on what was keeping Rishi Sunak awake at night ahead of the Budget: an inflation resurgence that could damage Britain’s economic recovery as it comes out of the pandemic. He deliberately designed his March Budget with inflation in mind, trying to make the UK’s finances ‘Biden-proof’ if inflation or interest
New growth figures were released this morning show that the economy contracted 1.5 per cent in Q1 this year and remains 8.7 per cent smaller than it was in Q4 2019 (the last quarter not to be impacted by the pandemic). Alongside this update, the Office for National Statistics also released its latest set of monthly
The next stage of the roadmap is set to go ahead. At tonight’s No. 10 press conference, Boris Johnson announced from next Monday, 17 May, groups of up to six (or two households) can meet indoors, while up to 30 people will be able to meet up outside. Face coverings in school classrooms will be
International travel is back on the menu, in theory. From 17 May the ‘stay in the UK’ restrictions are lifting and residents can legally leave the country once again. But the number of destinations where you won’t have to quarantine on return is limited, and travelling anywhere will require jumping through several hoops. At today’s No. 10
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If it hadn’t been for the pandemic, the past year would have likely been dominated by a familiar topic – Brexit. The decision to leave, we’re told, presents the UK with endless opportunity in a variety of sectors, including healthcare and life sciences. But it hasn’t been the easiest year, with supply chains and the
It’s been a good week for seeing the vaccine factor at work. We’ve had multiple real-world updates on the Pfizer vaccine’s effectiveness against new variants of Covid-19 (this bodes well for the UK, which was the first country in the world to use the vaccine to protect its most vulnerable residents). And today we’ve had
Care homes have been at the centre of controversy and mishandling throughout the Covid-19 crisis. Decisions taken last spring to move patients out of hospital, without so much as a Covid-19 test, contributed to a surge of cases in facilities designed to look after Britain’s most vulnerable. Failure to tackle early on the problem of
Concerns around unemployment during the pandemic have, understandably, been focused on younger people. Last year it was under-24 year olds most likely to be furloughed and then subsequently made unemployed when coming off the government’s scheme. For millions, the fate of their jobs remains on the line, as unemployment is expected to rise over the
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Covid has put a spotlight on housing in Britain – the inequalities, the challenges, but also the opportunities. As what we want out of our homes, offices, and even the high street, changes, public policy will have to follow suit. So how do we create sustainable towns and cities that ensure quality and access for
Boris Johnson is set for a vaccine boost next week when local election results start rolling in. As James Forsyth explains in this week’s magazine, the vaccine rollout is forefront in voters’ minds, with seven out of ten now inoculated or even fully jabbed up. For all the chaos raging around Johnson, with accusations from his
Are vaccine passports in our future? The ‘Covid-status certification’ review is underway, carved out of the Prime Minister’s roadmap and handed to Michael Gove in the Cabinet Office to assess and very possibly implement the scheme after Britain has been declared ‘free’. Since the first review update was published — clear on intention but vague on
When the Office for National Statistics released the last antibody survey a fortnight ago, the results were underwhelming. After watching prevalence in the population shoot upwards for months, the figure had plateaued at 55 per cent. There were several reasons suggested for the stall, including the move to giving second doses and difficulties detecting fading
To what extent will our pandemic lifestyles stick? With ‘work from home’ guidance in place for the best part of a year now, it’s has been assumed that trends towards flexible working are accelerating. Until the guidance formally shifts and employees have complete freedom to return to work, no one is quite sure what the demand
Britain may be about to go from one economic extreme to another. This winter the OECD calculated Britain suffered one of the highest levels of economic damage in the developed world, compared with the year before, due to its stringent lockdown. Fast forward to spring and the UK’s trajectory for economic recovery is now being revised,
Last spring, scenes in Lombardy, Italy, caused panic in Whitehall: buckling healthcare systems and tents pitched outside emergency centres played a large role in the government’s decision to implement a nationwide lockdown. It was thought that the British public could tolerate many of the consequences of Covid-19, but not the idea that the NHS would