Ross Clark

Ross Clark

Ross Clark is a leader writer and columnist who has written for The Spectator for three decades. He writes on Substack, at Ross on Why?

Britain’s economic bounce back is less impressive than it seems

From our UK edition

The UK economy is rebounding at the fastest rate in Europe, and faster even than the United States: that is the general tone of reporting of today’s GDP figures, which show that the UK economy expanded by 4.8 per cent in the second quarter of 2021. That is compared with 0.9 per cent in France, 1.5 per cent in Germany and 1.6 per cent in the US. But hang on, dig a little deeper and there is something a little odd going on with the figures. Compare nominal and real changes in GDP during the second quarter and it produces the following: UK, nominal growth in second quarter: +3.6 per cent; real growth in second quarter: +4.8 per centFrance, nominal growth in second quarter: +1.0 per cent; real growth in second quarter: +0.

The cost of net zero

From our UK edition

35 min listen

In this week’s podcast: First up, to deny the man-made climate crisis we now find ourselves in would be an act of wilful delusion. But what is the right way for the UK to try and minimise this looming disaster? In our cover story this week Ross Clark looks at the financial viability of the government’s central proposal: getting to net zero. Lara Prendergast talks to him along with James Kirkup, chair of the Social Market Foundation, who writes in this week’s magazine saying that the cost for net zero is more than worth it. (00:48)‘Ten years ago, electric cars were a work of science fiction, now the best-selling car in the UK in June was the Tesla.

The true cost of net zero

From our UK edition

When Theresa May committed the government to achieving ‘net zero’ carbon emissions by 2050, Sir John Armitt, chair of the National Infrastructure Commission, likened it to President Kennedy’s 1961 promise to put a man on the moon by the end of the 1960s. How we would achieve net zero might not yet be clear, but a combination of ambition and ingenuity would somehow see us through. Still, at least JFK had some idea about the cost and he did not make it a legally binding obligation for the US to visit the moon, thus inviting activists to sue the government if it failed. Rishi Sunak is now understood to be in rebellion against the costs of net zero — whatever they might be.

What’s the truth about the UN’s ‘code red’ climate warning?

From our UK edition

Predictably enough, the UN's Intergovernmental Panel on Climate Change report has been greeted with hyperbole about fire, flood and tempest. It is 'code red for humanity,' according to UN general-secretary Antonio Guterres. 'This report must sound a death knell for coal and fossil fuels before they destroy our planet.' As ever with IPCC reports, the content doesn’t live up to the hysterical reviews. If the vision presented in it were the basis of a disaster movie you would want your money back.  No, it doesn’t say that the German floods were caused by man-made climate change – something implied by much of the press coverage, which used photos of the damage in Rhineland towns to illustrate the publication of the report.

In praise of Mike Ashley

From our UK edition

If you want to be thanked by a grateful nation, don’t ever buy a failing football club, especially not in a city where the local team has a tribal following. That is the moral of the tale of Mike Ashley, who has just stepped down as chief executive of Sports Direct's parent company.  Never mind creating, or saving, 20,000 jobs. Never mind fighting price-fixing by rivals determined to rip off impressionable young football fans desperate to own their club’s strip. Never mind being brave enough to invest in High Street stores which almost everyone else thinks are doomed. Ashley’s public reputation was always going to be dependent on the performances of Newcastle United’s footballers.

Why British firms keep getting bought out by foreign investors

From our UK edition

Sharks, vultures, asset-strippers: just a few of the names that have been applied to the likes of Parker Hannifin, the US company which is trying to take over UK aviation company Meggitt. It's the latest in a spate of takeover attempts of UK engineering firms by US competitors and private equity firms. An alternative name for them would be astute businesses which can see the value in companies that dopey British pension fund managers are unable to spot. If the takeover of UK firms is a problem or a scandal, British institutions are the real villains. They have bid down the values of these firms as they go chasing returns on US tech shares instead. Parker Hannifin has offered 800p a share for Meggitt.

Are booster shots necessary?

From our UK edition

Will Britain become the first country in the world to have a large section of its population immunised against Covid-19 three times over — and will that be a worthwhile achievement? The government is reportedly planning to give out booster shots — eventually to everyone over the age of 50 — starting as early as 6 September. This appears to be following the advice issued by the Joint Committee on Vaccination and Immunisation on 30 June. If the government tells us we all need an extra shot after so short an interval, might it undermine confidence in the vaccines?

A ‘no jab, no job’ policy would be a disaster

From our UK edition

Now that the government has announced that it will be compulsory to present a vaccine passport to enter a nightclub or other large venue from September, is it moving towards making double vaccination compulsory in the workplace too?  Yesterday foreign secretary Dominic Raab said that it would be 'smart policy' for companies to insist that employees working in the office are double-vaccinated. This morning, transport secretary Grant Shapps denied that the government had any plans to pass legislation to make vaccination compulsory among employees but described it as a 'good idea' if companies required it.

Britain, climate change and the reality of extreme weather events

From our UK edition

‘Extreme weather will be the norm,’ says the Guardian. Britain is gaining a more ‘violent’ climate according to Sir James Bevan, chief executive of the Environment Agency. ‘The UK is already undergoing disruptive climate change with increased rainfall, sunshine and temperatures, according to scientists,’ wites the BBC’s ‘environmental analyst’ Roger Harrabin. But how many people making these sorts of claims have actually read the Met Office’s report – the ‘State of the UK Climate 2020’ – as opposed to merely reading the press release? Not for the first time, the real data presents a very different world from the one depicted in the increasingly hysterical reporting on climate change.

How many Covid hospitalisations are caused by Covid?

From our UK edition

How many people have been taken into hospital and are dying with Covid, and how many have been admitted to hospital and died because of the virus has been one of the fundamental questions of the pandemic. We have been bombarded with daily statistics which have never attempted to put this into context. An overall Covid death toll of 129,000 – by the government’s count – means little without knowing who has been dying. Statistics relating to the age profiles of the dead and their medical histories have cropped up from time to time – showing that those who have died are, on average, over 80 and that many suffered from serious and often multiple pre-existing conditions. But these statistics have slipped out of the day-to-day conversation.

Can London’s floods be explained by climate change?

From our UK edition

It’s climate change again, innit. It didn’t take long for Sunday’s flooding in London to be put together with Canada’s recent heatwave and the floods in Germany and China to be used as ‘evidence’ of ever-accelerating climate change – giving us even less time to save the world than previously thought. ‘More rain as Londoners call out climate change,’ screamed a headline on City A.M., alongside pictures of water pouring through Stratford DLR station and cars stuck on the North Circular.

Don’t fall for Rishi Sunak’s ‘Britcoin’

From our UK edition

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 might hope that it is a way of keeping your stash of wealth beyond the reach of law enforcers. This hasn’t quite proved true, but you can understand why cryptocurrencies have their fans in the criminal world. Secondly, there is the hope of making a quick, speculative profit.

We need to act now to block Britain’s social credit system

From our UK edition

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 a red light to failing to sort their recycling, and uses the information to deny them the right, for example, to buy rail and airline tickets.’ I had in mind that it would take two to five years for a vaccination passport scheme to morph into a Chinese-style social credit system. In fact, it took two weeks.

It’s time to cut back on the Olympics

From our UK edition

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 pandemic. But why not seize the opportunity to change the games for good — and build back smaller? No country’s football fans ever said: well, we didn’t win the World Cup but never mind, we’re on course for the Olympics The Olympics is a popular spectacle, to be sure. In the end, a majority of the British public even came to agree that the £8.

Boris could easily curb the ‘pingdemic’, so why won’t he act?

From our UK edition

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 punish us for Brexit or even handle the early, unknown stages of a pandemic. All the Prime Minister has to do is to announce that the changes to the Test and Trace system already earmarked for 16 August – when fully-vaccinated people will no longer be forced to self-isolate for ten days but could be advised to get tested instead – be enacted immediately. The panic would immediately be over.

When will Boris get serious about balancing the budget?

From our UK edition

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 this morning. An alternative, and less rosy, view might come from examining two figures in particular. Firstly, while borrowing is down compared with June 2020, public spending is actually up. Over the month the government spent £84.1 billion of our money, £2.5 billion more than in the same month a year earlier. Balancing the budget seems to have become a deeply unfashionable debate in UK politics That is extraordinary.

Could the third wave be running out of steam?

From our UK edition

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 dramatic falling off in new cases: from 54,674 reported on Saturday, to 48,161 on Sunday and 39,950 on Monday. Those are for the UK – for England the corresponding figures are 50,955, 44,777 and 34,657. Each of these figures were higher than the same day the week before. And of course, we also have to be wary of the weekend effect – although that tends to affect reported deaths more than infection numbers.

The depressing spectacle of ‘freedom day’

From our UK edition

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 self-isolate by NHS Test and Trace in the past few days. These are in addition to the half a million people ‘pinged’ by the NHS contract tracing app who have been asked to self-isolate, although in their case it is not a legal requirement. For these people, it is no freedom day – it is a return to the darkest hour of lockdown. In fact, it is worse than that. At least during full lockdown we were all allowed to go out to the shops, or for exercise.

Is climate change to blame for Germany’s flooding?

From our UK edition

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 or the Prime Minister of the Netherlands, Mark Rutte, to confirm it for us. Nor, indeed, do we need to hear from Michael Mann – aka Mr Hockey Stick – to tell us that the floods are the living embodiment of what climate scientists have been warning us about for decades.

Who really needs a third Pfizer shot?

Do Americans need a third booster shot of the Pfizer vaccine? The question is the subject of a remarkable row between the drugs company and the government — the former of which is putting together an application for emergency use authorization for a third dose and the latter of which has so far proved unwilling to sanction it. The Department of Health and Human Services issued a statement after a meeting on Monday saying: ‘At this time fully-vaccinated Americans do not need a booster shot.’ For its own part, Pfizer cites evidence from Israel which, thanks to a deal with Pfizer, was able to get ahead in its vaccination program in return for the country effectively being used as a giant human laboratory.

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