Ross Clark is a leader writer and columnist who has written for The Spectator for three decades. His books include Not Zero and The Road to Southend Pier.
Anyone for more tax cuts in the spring budget? You might as well hand out free beer. For many Conservatives, tax cuts provide the last tiny chink of light before the door closes on their electoral prospects for good. This month’s government borrowing figures might just provide some encouragement, too. Net borrowing in November was
You can say one thing about Jim Callaghan’s Labour government of the 1970s. It certainly kept migration under control. Over the course of his government, Britain saw net migration of around minus 65,000. That had quite a lot to do with a top tax rate of 83 per cent. Whether Scotland’s new tax rates will
Covid provided a revelation of the vulnerabilities of the global supply chain, but now war in Yemen has provided another. Attacks on shipping by Iranian-backed Houthis has reminded the world of how much trade is reliant on free passage through the Bab-al-Mandeb Strait, an 18-mile wide waterway at the southern entrance to the Red Sea.
This morning’s inflation figures are good news. The fall in the Consumer Prices Index (CPI) to 3.9 per cent, from 4.7 per cent, not only exceeded market expectations by a healthy margin, but in November prices actually fell by 0.2 per cent. Given that averages earnings are rising by 7.3 per cent it is hard
Remember ‘localism’ – when David Cameron was going to return powers to local people when it came to things like planning? If that is how the Conservatives’ 14 years in power began, they seem to be ending with the opposite: with Michael Gove threatening to seize the planning reins from Sadiq Khan and get more
Donald Trump may be offensive in many ways. He may have defiled his office during his previous stint as president by claiming the 2020 election was stolen from him. But at some point over the next ten and a half months before polling day in 2024 even his detractors are going to have to start
‘The rocks will melt with the sun before I allow tuition fees to be imposed on Scotland.’ So read the words carved into a stone outside Heriot-Watt university in Edinburgh unveiled by Alex Salmond while he was first minister. But as the SNP’s education policy begins to unravel and the budgetary pressures build at Holyrood,
The housing market indices have stabilised, started rising even. So is that it? Is the great housing market crash over, before it had had a chance even to begin? Not according to the Office for Budget Responsibility (OBR). Buried in its latest Economic and Fiscal Outlook report is a prediction that the slump is far from over.
So, a deal has been reached. The world has agreed on what Cop 28 president Sultan al-Jaber has called a ‘robust action to keep 1.5 Celsius in reach’. The world is to ‘transition away’ from fossil fuels. And meanwhile, back in the real world? If the world really had just made a meaningful commitment to end the
That shutting people away in their homes for weeks on end was going to have a bad effect on mental health was clear from the start of the pandemic, even if the Covid Inquiry doesn’t seem to think it a proper subject to cover the negative consequences of lockdowns. But a poll published this week
The decision of the European Commission to delay, for three years, tariffs on car exports between Britain and the EU is the harbinger of a more constructive relationship between the two. But is it going to save the European car industry? Probably not. It is net zero targets, not Brexit, which are condemning mass-market car production
Boris Johnson will be led into the Covid inquiry this morning like a condemned man. We have all seen enough of this inquiry to know the line of questioning he will receive: one that will try to portray him as a bumbling fool who rejected scientific advice to lock down, killing many thousands of people in
The rebellion of 26 Conservative MPs against the government’s zero electric vehicle (ZEV) mandate couldn’t have come at a worse time for the Prime Minister. The ZEV will compel manufacturers to ensure that, from 1 January, at least 22 per cent of their car sales are pure electric. Yet simultaneously comes news of a collapse
It takes some to get used to Labour posing as the party of low taxes, but it is something that we are going to have to deal with as the election approaches. Today Jeremy Hunt appeared before the House of Commons Treasury Select Committee, and we had a taste of what is to come. In
Why can’t we seem to distinguish between good and bad migration? Brexit allowed the government to do what the Leave campaign had repeatedly said it wanted: to create a points-based system which would turn away Romanian Big Issue sellers and welcome Indian surgeons. But now we have that system we don’t seem to like that either. True,
When you have a surname like Colman you might think it would be best to avoid appearing in an advertising campaign playing a latex-wearing, greedy fossil fuel executive who puts her own wealth above the good of the planet. The name Colman first appeared in England in the 12th century, denoting someone who made their living
Two decades ago, motorists in South Wales realised that they could power their diesel cars with used cooking oil, thereby cutting their fuel bills substantially. They were fined for trying to avoid road fuel duty, but perhaps they should have been bunged £1 million by the government for demonstrating a greener future. £1 million is
There is a word that we are going to hear once COP28 gets underway in Dubai later this week: ‘reparations’. While US climate envoy John Kerry has tried to rule out any US agreement to pay reparations to countries affected by what he himself might claim were ‘climate-related disasters’, many developing countries are determined to put
There was little competition for the oddest and most obscure bill to be announced in the King’s Speech: the proposal to licence London’s pedicabs. On the list of the most pressing issues facing the nation, it doesn’t tend to feature very highly. There must be many people in Britain who have never seen a pedicab,
Should we bother taking any notice of what Andrew Bailey says about inflation, given that he and his colleagues on the Monetary Policy Committee (MPC) failed miserably to foresee any of the inflationary forces of the past two years? As late as May 2021 they were still predicting that the Consumer Prices Index (CPI) would
