Kate Andrews is economics editor of The Spectator
We already know much of what will be in Rishi Sunak’s Budget next week. Another £30bn for Covid-relief measures: furlough scheme into the summer, stamp duty holiday and the uplift in universal credit (which is also expected to be time-limited, despite pressure from the opposition to make a permanent adjustment). But this year’s spending splurges
14 min listen
The Chancellor is expected to announce tax hikes in next week’s budget as he looks to bolster the public purse and reassure markets. With capital gains and cooperation tax in his sights, how will the decision go down with Tory MPs? Katy Balls speaks to James Forsyth and Kate Andrews.
As the Prime Minister announced the details of his government’s ‘roadmap’ out of lockdown in the Commons on Monday, no doubt some will have been cheering on the announcements, which will allow them to keep their pre-planned parties or holidays scheduled in their diaries. But the timeline has painted a grim picture for business in the
15 min listen
Today’s speech from the Labour leader was billed to be ‘Beveridge-style’. On the podcast, Kate Andrews tells Katy Balls and James Forsyth why it was nothing of the sort, and they strategise what Starmer should have said.
Keir Starmer’s speech on economic recovery, delivered at Labour’s Southside HQ on Thursday, was hyped as one of the most pivotal moments of his leadership so far. A Labour insider told Politico it had been ‘six months in the making with a huge amount of work going into it’. It was designed to establish a
Former President Donald Trump was acquitted by the Senate today, in what has turned out to be the shortest impeachment trial in American history, after the House of Representatives voted to impeach him last month after the riot at the Capitol building. Despite being the first president impeached twice during his time in office – this
France has become the first country in the world to recommend a different vaccine regime for those who have recovered from the virus. The country’s public health authority has recommended that people previously infected with Covid-19 only receive one jab, rather than two. The advice is based on preliminary data, including two studies from the
18 min listen
Despite the GDP figures from the ONS today, the Bank of England’s chief economist Andy Haldane has written an optimistic commentary today, arguing why he thinks the British economy will bounce back after Covid restrictions end. Katy Balls talks to Kate Andrews, the Spectator’s Economics Correspondent, and James Forsyth about that possibility.
It’s been no mystery that the UK economy took a severe beating in 2020: two lockdowns, a host of circuit-breakers and fire-breakers, Christmas cancelled for millions of people. The experience of an economy forced to hibernate for months on end last year is reflected in today’s GDP update from the Office for National Statistics, showing
The search for the right balance on border policy continues, as Health Secretary Matt Hancock announced this afternoon a host of new measures that travellers coming to the UK will face. From Monday, all arrivals will need to take two PCR tests: one on day two and another on day eight of self-isolation. This will apply
Since the outrage caused last Friday, when the European Union looked set to undermine the Northern Ireland protocol less than one month after the Brexit deal came into force, there has been little apology from those in charge. This is not terribly surprising: European Commission President Ursula von der Leyen has a reputation for passing
How seriously is the government considering immunity passports? It seemed we had a definitive answer in December when vaccines minister Nadhim Zahawi categorically ruled them out on Spectator TV. He told viewers: ‘There will not be an immunity passport… as far as vaccinations [go], we’re not looking at immunity passports at all.’ This followed comments from
As more good news about vaccine efficacy rolls in, questions are already starting to be asked about what it means for the Prime Minister’s lockdown timetable. Boris Johnson has committed to publishing his ‘roadmap’ out of lockdown — but news from the last few days may be influencing what that roadmap looks like, especially the
At first, it sounded like empty rage. The European Union had spent all week making wild statements about controlling vaccine exports — even challenging the notion of contract law. On Friday, it has started to act on its words and announced it will introduce controls on vaccines made in the EU — potentially giving itself
Good vaccine news has been pouring in today — this afternoon it was the turn of the Janssen vaccine, made by US company Johnson & Johnson. An international trial, in which the vaccine was tested against various strains of the virus, has found the jab to have 66 per cent overall efficacy. This is a lower efficacy
Germany’s vaccine committee has advised the Oxford-AstraZeneca vaccine only be given to under-65s. The announcement marks a major twist in a week of muddled vaccine reports. On Tuesday, the German newspaper Handelsblatt suggested that German officials believed the Oxford vaccine was only 8 per cent effective for the over-65 groups (no evidence has been produced to support the
No new year would be complete without the traditional Oxfam survey showing that a few of the richest people on the planet own more assets than the poorest 50 per cent of the world’s population combined. The figures change, but the gist is the same. January is usually a slow month, and it makes for
Throughout the pandemic, Britain has taken a relatively relaxed approach to controlling its borders. Restrictions on travel have come and gone since last March, but, on the whole, Britain has always leaned towards openness. The government has trusted people to make sensible judgements and follow quarantine rules upon return. Now attitudes have shifted. This afternoon,
Unemployment continues to rise. Today’s update from the Office for National Statistics estimates that unemployment in the three months to November hit 5 per cent — that’s an estimated 1.7 million people out of work, a 0.6 per cent rise on the previous quarter. Not every figure is as positive as the surface data
25 min listen
On this week’s episode, Kate Andrews says the challenges of Joe Biden’s administration go beyond governing. (00:35) Plus, Liam Kennedy explains the history of Irish-American identity. (09:25) Finally, Jeremy Clarke wonders why everyone is a log expert (18:20)
