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
The gold price, we keep being told, because investors are seeking a ‘safe haven’. The first part of that sentence is true – from £1100 per ounce at the beginning of this year, gold has surged to £1500 per ounce this week. But are those buying it really doing so because it is ‘safe’ investment?
Somewhere, possibly in the land of big sheds, just off the M1 in Leicestershire, must be a burgeoning NHS surplus store. Its shelves will be groaning with ventilators and testing kits which turned out not to work, surgical gloves, bibs and masks which turned out to be defective – and quite possibly, in months to
‘Let’s be absolutely clear about what’s happening in Europe,’ the Prime Minister tells us. ‘Among some of our European friends, I’m afraid you are starting to see, in some places, the signs of a second wave of the pandemic.’ Really? It rather depends on what graph you’re looking at, and over which period. On Saturday,
A similar phenomenon is developing with the Covid recession as happened with Brexit. News outlets – the BBC in particular – are choosing to focus on dire economic predictions at the expense of more positive real-world data. Yesterday, we heard no end of it when EY forecast that the economy would not reach its pre-Covid
More data emerges on one of the central questions of the Covid-19 epidemic: just how many of us have had the infection and have, as a result, built up some immunity towards it? The question is crucial because it governs whether or not we need to fear a second spike of the epidemic. It is
Hopes for economic recovery have faded a little of late as Covid-19 cases continue to rack up in many parts of the world. The grand reopening of bars, restaurants and the like has turned into a bit of damp squib, serving to remind everyone how far we remain from normality. Yet today comes a double bill
Wouldn’t it be nice if we could debate climate change for five minutes without hearing about polar bears or being subjected to footage of them perched precariously on a melting ice floe? But that is a little too much to expect. Polar bears have become the pin-ups of climate change, the poor creatures who are
How excited should we be about the latest news of the Oxford vaccine? At least this time – in contrast to previous updates, which have tended to come via Downing Street briefings – we have a paper in a scientific journal, the Lancet, to go by. The paper reports that 1,077 people took part in
Will Labour ever stop pushing for punitive taxation? Not content with gifting the Conservatives an 80 seat majority in December, the supposedly more moderate Labour party under Keir Starmer is already dreaming up ways it can extract large sums from our pockets. Shadow Chancellor Anneliese Dodds floated a ‘wealth tax’ at the weekend, so that
It is steadily becoming clear where the woke brigade will go once the current moral panic over racism has run its course (which can’t be long, following the news that London estate agents have stopped using the term ‘master bedroom’ to avoid its connotations with slavery). A week ago Andrew Willshire wrote here of how
Without going into the ins and outs of the Duke and Duchess of Sussex’s withdrawal from royal life, still less the merits of the Duchess’s privacy case against the Mail on Sunday, a claim made by her lawyers this morning cannot be allowed to pass without comment. They claim: ‘This contribution of public funds towards
Just why has Leicester been locked down, its economy placed back in the deep freeze and many more of its citizens condemned to lose their jobs? Since the announcement, the country has gone back into panic mode. Leicester, according to much reporting, is in the midst of a second spike – and is surely just
The declaration by US authorities that Huawei and fellow Chinese comms firm ZTE are national security threats is likely to have a clear outcome. It will knock the UK government further down the path it already seemed to be travelling: reversing its decision to allow Huawei to play a role in Britain’s 5G communications network. Boris Johnson’s government surprised
Imagine if a vaccine for Covid-19 was approved tomorrow, and that within weeks we had all been vaccinated. Would life be able to go quickly back more or less to normal? Don’t bet on it. The long shadow of Covid-19 will mean mass panic every time another novel virus comes to light. Indeed, news of
Antibody tests on random samples of the population have so far shown much lower levels of general infection than the government’s scientific advisers claimed would be necessary to attain ‘herd immunity’. In London, for example, tests have shown that 17 per cent of the population have antibodies to Sars-CoV-2, the virus that causes Covid-19. In
One of the mysteries of the Covid-19 crisis is how the disease seemed to bubble up out of nowhere in Italy at the end of February – at a time when it seemed to be under control in China. In spite of local quarantines and the isolation of individual patients, the epidemic quickly took hold.
How helpful of the comedian Sacha Baron Cohen to reveal that there are two or three people in America who are happy to join in a sing-along containing the line ‘Liberals, what we gonna do? Inject them with the Wuhan flu.’ Trouble is, it really only was two or three people. If Baron Cohen really
Imagine if a European agency had just announced that it was to close a site in the Midlands, withdrawing from Britain and taking jobs of scientists with it. It isn’t hard to work out where that would feature on BBC news – up top. It would be presented as another cost of Brexit, another result
The Covidiots are at it again – crowding onto beaches in flagrant breach of lockdown rules, treating the pandemic as if it were an extended bank holiday. Pictures of crowded beaches on Thursday inspired Chris Whitty to tweet that Covid-19 is ‘still in general circulation’, and worked Matt Hancock into such a froth that he
Will Britain turn into Zimbabwe or Japan? In other words, will the fallout from the economic crisis precipitated by Covid 19 lead to hyper-inflation or to deflation? Are we going back to the 1970s – or to a strange world of which no living Briton has any recollection? Or, more graphically, will it be savers
