Ross Clark is a leader writer and columnist who has written for The Spectator for three decades. His books include Not Zero, The Road to Southend Pier, and Far From EUtopia: Why Europe is failing and Britain could do better
So the economy has defied the predictions of doom once more. The latest figures released by the Office for National Statistics (ONS) this morning show that the economy grew by 0.5 per cent in June, more than countering a 0.1 per cent fall in May, widely attributed to the extra bank holiday for the coronation.
For once we are having an old-fashioned silly season, with no pandemic, no insurgency by the Taliban, no leadership election in the Tory party and no energy crisis – with the result that a few migrants moving onto a barge has become the main story of the week. Or at least we didn’t seem to
First the good news – the fall in living standards may be coming to an end, with wages starting to run ahead of inflation. Now the bad news: it is as much because wages are rising than inflation is falling – which suggests that high inflation is beginning to become embedded in workers’ expectations. Capital
Have high house prices succeeded where decades of government efforts at regional development have failed? That is, have they managed to redistribute economic development around the country? According to the estate agent Hamptons, nearly one in three buyers looking to move out of London in the first six months of this year was a first
Not so long ago, some were arguing that cheap food was a problem in Britain. We’re unlikely to hear such complaints now that food inflation remained at 17.3 per cent in June, not far off its peak of 19.2 percent in March. Is this a blip? An economist from PwC thinks not and has declared that the ‘era
The Bank of England has raised the base rate yet again, this time to 5.25 per cent, a high not seen since April 2008. Like a child trapped in the back seat of a sweltering car, the response of many people will be: ‘Are we nearly there?’ Many people seem to think so – that
What is duty on alcoholic drinks for: to raise revenue or to make us better, more sober people? A close reading of the new duty rates which were announced in the spring budget, but which come into effect today, provide little enlightenment. You can read them for yourself, but here is a summary: To try to put some sense
There has been plenty of evidence published over the past three years of the severe effects on children’s education and wellbeing of closing schools during Covid lockdowns, but a new study by the Institute of Fiscal Studies (IFS) and University College London (UCL) has a slightly different emphasis – linking children’s social and emotional development
Rishi Sunak has shown no indication that he is considering dumping the government’s legal commitment to achieve net zero by 2050. Nor, so far, has he indicated that he will relax any of the controversial targets for the next decade or so, such as banning new gas boilers or petrol and diesel cars. But his
The lesson from the Uxbridge by-election was clear to both parties: the public will not accept green policies at any price. Whilst in general, the public support cutting carbon emissions and other forms of pollution – support drifts away fast when people are confronted with measures which threaten to make them poorer and their lives
If you want a laugh, I recommend an article which appeared in the March 1998 issue of Scientific American, ‘The End of Cheap Oil’. In it, oil geologists Colin J Campbell and Jean H Laherrere used terribly clever models to tell us that global oil production would peak around 2004-05, after which we would be
Expanding London’s Ultra Low Emission Zone (Ulez) may be a bad policy, a regressive tax which will impact on people of modest means while leaving the not-very-much-less-polluting cars of the wealthy untouched. But that doesn’t mean the High Court is wrong to reject the case brought by Conservative councils against the scheme. On the contrary,
UN secretary-general Antonio Guterres has declared that ‘the era of global warming has ended, the era of global boiling has arrived’. As if that were not enough, Guterres declared that ‘the air is unbreathable, the heat is unbearable’. Something is raging out of control but it isn’t the temperature: last week’s famous ‘heat domes’ have
There are still those, like Matt Hancock, who think that lockdowns were an unalloyed good – who, indeed, believe that in a future pandemic we must lock down harder and faster. But for the rest of us, the appalling toll of Covid lockdowns continues to become apparent. The Office of National Statistics (ONS) reveals today that
The Uxbridge by-election has thrown Labour into a civil war, or at least a civil skirmish. Keir Starmer has told Sadiq Khan to think again on Ulez, and Khan has shown great reluctance to do so. But it has exposed a schism in the Conservatives, too. Yesterday, Rishi Sunak declared that efforts to reach the government’s
Summer wouldn’t be complete without hordes of disgruntled British tourists being evacuated from their hotels, flown home early or spending their holidays sprawled on the floor of an international airport. But are the scenes of Rhodes really a symptom of a the world ‘being on fire’, as Greta Thunberg would put it? Actually, in spite
It was, to adapt the famous Sun headline from the 1992 general election, Ulez wot won it. The Conservatives’ narrow hold of Uxbridge and South Ruislip was, as Angela Rayner admitted this morning, down to London mayor Sadiq Khan’s dogged determination to inflict a £12.50 daily charge on the drivers of diesel cars more than
Earlier in the week, the stock market responded very positively to news that inflation had come out a little lower than expected (even though, at 7.9 per cent, it is still far ahead of where most forecasters, from the vantage point of the beginning of 2023, would have expected it to be by now). Markets have
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This week: In his cover piece for the magazine Ross Clark writes about ‘the war on motorists’. He argues that the backlash against London Mayor Sadiq Khan’s expansion of Ulez is just the beginning, as motorists – and Labour MPs – prepare to revolt. He joins the podcast alongside Ben Clatworthy, transport correspondent at the Times, to
Today and tomorrow’s strike by NHS consultants underlines how industrial action has become the preserve of the well-paid. The consultants appealing for public sympathy were, according to NHS figures, paid a mean basic salary of more than £97,000 in the year to March. On top of this they received mean overtime and bonus payments of