Martin Vander Weyer

Martin Vander Weyer

Martin Vander Weyer is business editor of The Spectator. He writes the weekly Any Other Business column.

Can Starmer and Reeves add some fizz to the economy?

From our UK edition

If the 0.6 per cent first-quarter GDP uplift reported by the Office for National Statistics is sustained for the rest of this year, Rishi Sunak will be able to claim – as he waves goodbye – that he and Jeremy Hunt have succeeded against their naysayers in dragging the UK economy from pandemic depths back

We’re looking for an outstanding Innovator to Watch

From our UK edition

All the chosen finalists in The Spectator’s Economic Innovator of the Year Awards, in partnership with Investec Wealth & Investment (UK), have unique stories to tell. And in 2024, alongside regional and overall winners and an extra award for excellence in Sustainability, we’re looking for a very special entrant which we’re calling the One to

How to bottle Britishness

From our UK edition

The US crackdown on trade finance for Russia from international banks – designed to impede imports needed for the continuing assault on Ukraine – is biting hard, reports the FT, quoting an investor who thinks ‘the logical endpoint of this is turning Russia into Iran’. Quite right too: sanctions like these are a vital non-military

Live the high life… in a mid rise

From our UK edition

How radically left-wing is Labour’s proposed ‘renationalisation’ of the railways? Though militant Mick Lynch of the RMT union ‘strongly welcomed these bold steps’, the real answer is: hardly at all. The revolutionary socialist group Counterfire agonised thus: ‘While it would be extremely obtuse to say that Labour’s policy is bad, it would be naive to

Saluting the best of UK entrepreneurship

From our UK edition

Hot news for UK entrepreneurs: The Spectator Economic Innovator of the Year Awards 2024, in partnership with Investec Wealth & Investment (UK), is open for entries. As ever, we’re excited to hear from high-growth businesses in every sector and every corner of the UK. We’re also delighted to welcome back our sponsor, Investec Wealth &

How Pret ate itself

From our UK edition

How bad would it be if Royal Mail’s parent company, International Distributions Services (IDS), were to be taken over by the Czech billionaire Daniel Kretinsky? Our historic postal service is heavily lossmaking, struggling to maintain its universal delivery obligation and at war with its unions: a foreign owner would surely take an axe to it.

Sack Andrew Bailey? Let’s look at the case against him

From our UK edition

The Governor of the Bank of England, Andrew Bailey, is a loyal and well-intentioned public servant in a role that, by its nature, attracts constant blame and hindsight judgment. Liz Truss is a spectacularly failed 44-day prime minister with a book to sell. So when Truss says Bailey should have been sacked for his part

The arrogance of Apple

From our UK edition

Can flexible working get the best out of what a ministerial press release calls ‘hardworking Brits’ – or is it a couch potato’s charter? As of 6 April, employees have had the right to ask for flexibility – including remote working and hours to suit – from their first day in a job; employers can

Why Thames Water is the pariah of post-privatisation capitalism

From our UK edition

‘It would have been ideal not to have so  much poo in the water,’ said Oxford captain Leonard Jenkins after losing the university boat race to Cambridge last Saturday. Thames Water blamed high groundwater levels after weeks of rain for sewage discharges that are a less unpleasant alternative than ‘letting it back up into people’s

In praise of Andy Street

From our UK edition

Commentators like me often lament the lack of business experience among leading politicians – but also observe how few business leaders ever make successful transitions into the political arena. Archie Norman tried his hand as an opposition front-bencher, didn’t like it, and returned to the boardroom, latterly to lead the revival of Marks & Spencer;

Mike Lynch has little chance of escaping US jail

From our UK edition

As I’ve said before, I hold no brief for Dr Mike Lynch, the founder of the Cambridge-based software firm Autonomy, who faces US fraud charges over the $11 billion takeover of his company by Hewlett-Packard (HP) in 2011. But I watched with foreboding as US marshals bagged Lynch under the lopsided 2003 US-UK extradition treaty and

The British Isa is doomed to fail

From our UK edition

Is Jeremy Hunt’s ‘British Isa’ worth having? The new £5,000 tax-free allowance for UK equity investment comes on top of the existing annual £20,000 Isa limit, so on the general principle that it makes sense to maximise tax-efficient savings, the answer might be yes. But will it achieve the Chancellor’s aim of allowing patriotic savers

A toast to the Wine Society

From our UK edition

Ask any group of consumers to name the UK’s most enduringly successful mutual enterprise and they will probably point to the Co-op or the Nationwide building society. But there’s a cognoscenti who will come up with a different answer: a business that operates from giant sheds beside a railway track at Stevenage. It is the

Here comes the next mis-selling scandal

From our UK edition

St James’s Place is a posh London cul-de-sac that will forever be associated with the late Jacob Rothschild, who based his financial empire there and restored the stately Spencer House across the road. One of his enterprises, J. Rothschild Assurance, was renamed St James’s Place Capital in 1997 and ended up majority owned by Lloyds

Sending seized Russian loot to Ukraine is no simple matter

From our UK edition

We must be bolder in seizing frozen Russian assets, writes the Prime Minister in a Sunday newspaper. ‘That starts with taking the billions in interest these assets are collecting and sending it to Ukraine.’ Can that really be done? Having consulted international legal opinion, here’s my summary. The principle of ‘sovereign state immunity’ doesn’t prevent

Bombed-out bank shares are a failure of modern capitalism

From our UK edition

When I read news of a fresh strategic plan for Barclays, I seem to hear a ghostly rustling from the corner cupboard in the living room. Could it be a forlorn protest from the dusty bundle of share certificates that are the last vestiges of my late father’s lifelong service to Barclays from junior clerk

China is set for a serious economic fall

From our UK edition

 The future trajectory of the Chinese economy is a subject for doctoral theses rather than casual column items. But the advent of the Year of the Dragon, at last weekend’s Lunar New Year, was greeted with such pessimistic commentaries that the natural contrarian should ask whether the consensualists are getting it wrong: maybe the dragon