Kate Andrews

Kate Andrews

Kate Andrews is economics editor of The Spectator

Should we abandon hopes of a V-shaped recovery?

It is an uptick so small that it could almost be comic, but the UK economy started to grow in May: by 1.8 per cent following a 20 per cent slump in April. Office for National Statistics figures out today show that, even in lockdown, surging online retail sales – coupled with signs of a recovery

Boris Johnson changes ‘work from home’ advice

Has government policy on going back to work just shifted? Today at his “People’s PMQs”, the Prime Minister was asked about support for universities and the social distancing measures that will be needed to make it safe for students and faculty to return. But Boris Johnson applied his response further than the university sector, turning

Magic money: what can possibly go wrong?

39 min listen

We’ve been told for years that the magic money tree doesn’t exist – but has the Chancellor just found it? (00:55) Now that Hong Kong has come into closer orbit with Beijing, is Taiwan next? (21:15) And finally, we find out a little about the weird and wonderful world of hotel carpets – see them

Kate Andrews

The magic money tree – what can possibly go wrong?

After every Budget, big or small, Tory backbenchers usually meet with the Chancellor. But on the evening of Rishi Sunak’s mini-Budget this week, they had already scheduled in a meeting with Andrew Bailey, the new governor of the Bank of England. This was extraordinary. Since when does the governor talk to MPs? Or risk upstaging

Can Rishi Sunak’s jobs pledge keep unemployment down?

15 min listen

The Chancellor has given his mini-Budget in a statement to the Commons today, and among a raft of stimulus measures from a VAT cut to stamp duty reduction, he has announced measures designed to keep down unemployment. But the government is clearly braced for a wave of unemployment when furlough ends, so are his pledges

Kate Andrews

Can Rishi Sunak’s jobs pledge keep unemployment down?

Everything we heard from the Chancellor today suggests the Treasury is extremely worried about unemployment surging. The measures he’s brought in (detailed below) are designed to keep unemployment figures as low as possible. That’s why jobs were at the forefront of the Chancellor’s summer statement this afternoon: supporting them, creating them and protecting them. But can

Has the virus damaged faith in politics?

25 min listen

In this episode, Mauricio Savarese reports on the latest from Brazil where the battle between the President Jair Bolsonaro and the media heats up. Kate Andrews updates on Britain’s Covid situation with a report from the Times on an estimate for excess cancer deaths in 2021, and Cindy Yu reports on how Beijing’s cluster infection

Why the government’s arts bailout was so generous

13 min listen

Rishi Sunak has announced a £1.6 billion bailout for the arts industry, which was more generous than many were expecting. On the podcast, Katy Balls talks to Kate Andrews and James Forsyth about why this is. They also discuss Pret’s troubles and the coming Huawei u-turn.

This NHS clap is not for its carers

At 5pm, we are being encouraged to head to our windows and doors to clap for the National Health Service on its 72nd birthday – the idea is that we’d be doing, once again, what we did in lockdown. Except we wouldn’t. The original gesture was to show thanks to the many healthcare staff (and

How countries suffered from ‘the lost months’ of Covid

43 min listen

Reporter at Canada’s Globe and Mail, Robyn Doolittle, joins the panel this week to discuss what went wrong in Canada. Speaking to a series of infectious-disease experts, health officials and politicians, Robyn and her team pieced together an image of the ‘lost months’ – a period between January and March when more should have been

Kate Andrews

Does Boris’s ‘new deal’ offer anything new?

Today Boris Johnson launched his ‘new deal’ for Britain – billed as an economic recovery plan to follow the Covid recession.  It sounds positively Rooseveltian. It sounds like a new deal. All I can say is that if so, then that is how it is meant to sound and to be, because that is what

Kate Andrews

What’s so new in Boris’s ‘New Deal’?

15 min listen

The country is facing a post-pandemic recession that will leave millions unemployed and businesses bankrupted, so despite all the noise, is Boris’s ‘New Deal’ tackling the right problems? Our Economics Correspondent Kate Andrews joins the podcast today, and tells James Forsyth and Katy Balls why she thinks today’s announcement was little more than rehashing of

Is nuclear power the answer to climate change?

35 min listen

Fans of nuclear energy say that it is efficient, reliable, and greener than fossil fuels. The government’s Net Zero carbon emissions by 2050 target may not be achievable without a helping hand from nuclear. But its critics say that it’s costly for the taxpayer, prone to delays, and damaging for local ecosystems. What’s more, Hinkley

Is reopening possible without a tracing app?

40 min listen

Germany has launched its contact tracing app, but is it the only way to get out of lockdown? Kate Andrews talks to a panel of international guests and hears about the situation from Italy, where concerns over tourism and getting their cities back are conflicting the residents of Venice and Rome; from Germany, where uptake on

The coronavirus app was always doomed to fail

For months now, the British public has been told there’s only one way to resume normal life: a successful virus-tracing scheme. Early on in the pandemic, the UK decided to go its own way in this area, rejecting Apple and Google’s established, decentralised app model by trying to launch its own one. NHSX would create a

How businesses are navigating their way out of the pandemic

43 min listen

With post-Covid life a bit closer for some countries around the world than others, this week’s panel takes a look at how businesses are navigating their way out of the pandemic. Jennifer Creery, Managing Editor of the Hong Kong Free Press, takes a look at the government bailout to Cathay Pacific, Hong Kong’s airline; Peter

Kate Andrews

Was the government’s free meals U-turn inevitable?

15 min listen

After the highly publicised campaign by the footballer Marcus Rashford, the government has U-turned on the question of free school meals in the summer. Was it inevitable, and what does this move mean for public spending? Katy Balls talks to James Forsyth and Kate Andrews about this as well as the Foreign Office merger and

Kate Andrews

Are Britain’s employment figures too good to be true?

Lining up graphs of the UK’s growth figures last week and its employment figures this week, you would struggle to believe the data was from the same decade, let alone the same month. Despite the economy contracting by a quarter in March and April, unemployment figures haven’t budged: 3.9 per cent ending the month of