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
Do we need an officially-sanctioned, government-backed crypto-currency underwritten by sterling — a ‘Britcoin’ — as Rishi Sunak is said to be advocating? At first sight it is hard to see the attraction. Surely, there are two principle reasons why people feel attracted to Bitcoin and other cryptocurrencies. Firstly, if you are a drug dealer, you
I have to admit that I didn’t quite get it right when, 12 days ago, I wrote: ‘There is a model for what will be coming our way if we do not resist vaccination passports and electronic ID cards: China’s social credit system, which blacklists people for numerous antisocial offences, from crossing the street on
Today, the world witnessed one of the most absurd spectacles in sporting history: a pricey, overblown ceremony exuding the usual platitudes about togetherness and international co-operation — delivered to an almost entirely empty stadium, just the use of light to give the illusion of an audience. The Tokyo Olympics has been seriously compromised by the
Was there ever a national crisis which was so easy to solve? There are reports of supermarket shelves emptying, petrol stations running out of fuel and panic-buying. This in not unprecedented. Yet on this occasion the government doesn’t have to deal with a bolshie trade union, enter difficult negotiations with an EU which is determined to
Should we be pleased that net government borrowing for June came in below expectations, at £22.8 billion – £5.5 billion less than June 2020? Should we see it as a sign that the economy is recovering a little faster than had been hoped? That is the spin being put on the public borrowing figures released
Will we get to 100,000 new Covid infections a day, as Sajid Javid has suggested, or even to 200,000 a day as Professor Neil Ferguson has floated? Until Saturday, new cases were galloping upwards at such a rate that such an outcome seemed assured. But in the last couple of days there has been a
It was billed as ‘freedom day’. Yet few people, it seems, either want to enjoy their new-found freedom or are able to enjoy it. The Prime Minister won’t be going clubbing; he is one of several hundred thousand people – it was 336,000 in the week to 7 July – who have been ordered to
Greta Thunberg has declared the floods in Germany, Belgium and the Netherlands to be the product of man-made climate change, adding ‘We’re at the very beginning of a climate and ecological emergency, and extreme weather events will only become more and more frequent.’ Well, that’s sorted out that one, then. We hardly need Angela Merkel
So is this what the new era of global co-operation looks like? The EU has agreed to delay the introduction of its proposed digital levy until the autumn to allow negotiations for a global minimum corporation tax. Biden had demanded that the digital tax be dropped, seeing it as a direct attack on US tech
No sooner had Bukayo Saka’s penalty kick thudded into the gloves of the Italian goalkeeper than you could see it coming. Racists were not going to miss the opportunity to attack the England team. And sure enough, within hours the sewer that is Twitter (even at the best of times) had become a torrent of
The past 15 months have produced a bizarre economic paradox. In 2020, the economy shrank at the fastest rate recorded in modern times: 9.9 per cent. Yet house prices have not merely weathered the storm, they have risen at the fastest rate since the height of the property boom in the 2000s. According to Nationwide,
To date, the Covid vaccination programme in Britain has involved two doses of one of three vaccines – AstraZeneca, Pfizer or Moderna. But it has stuck rigidly to giving people two doses of the same vaccine. The NHS has not allowed patients to mix vaccines except in a few strict scenarios, such as allowing a
‘Speechless,’ was Matt Hancock’s reaction when told about Professor Neil Ferguson’s lockdown breaching liaisons on 6 May last year. The Health Secretary added that he thought Ferguson was right to resign from Sage — and that it was a matter for the police whether or not to prosecute the professor. Will Hancock now be following Ferguson’s example and
Will there be any new countries on the ‘green list’ when the latest revisions are announced tomorrow? Last time around there was expected to be some kind of relaxation – yet no countries were added to the green list. Instead, Portugal was removed and several countries were added to the red list. However, media minister
It is called managing expectations: priming the public for really bad news so that when modestly bad news arrives it comes across as good news. Today’s public finance figures is a case in point. We have become so used to ever-grimmer predictions of the size of the government’s deficit that the latest figures released this
Covid has doomed the public finances — not just because the cost of mitigating it has been high in itself but because it has normalised high public spending. When you have just allocated £37 billion to Test and Trace and spend £54 billion on the furlough scheme, a £106 billion high-speed railway to Manchester and
Throughout the pandemic doubts have been expressed about the reliability of the polymerase chain reaction (PCR) tests which have been used as the ‘gold standard’ of testing for Covid-19 in Britain and elsewhere. Some of this criticism has centred around alleged quotes from Kary Mullis, the Nobel Prize-winner chemist who invented the PCR test in
This week began with more frightening graphs from SPI-M, the government’s scientific modelling committee. A team at Warwick University calculated that, had the 21 June reopening gone ahead, hospitalisations could have peaked at over 3,000 a day in August. By contrast, the first peak in April 2020 saw 3,149 admissions in one day and the
The Chancellor, Rishi Sunak, isn’t normally given to waffle, which makes his maiden appearance on GB News all the more remarkable. Asked by Andrew Neil who – government or homeowner – would have to pay the estimated £10,000 per household cost of replacing domestic gas boilers with heat pumps to help reach the target of
The signs were there for all to see — pubs, restaurants, hairdressers and so on all pushing up their prices. Businesses have to make a profit while observing social distancing, dealing with soaring fuel prices and fast-accelerating wages. Yet the latest inflation figures seem to have caught many people by surprise. The Consumer Prices Index (CPI) is back
