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
I don’t know how the Chief Executive of the Competition and Markets Authority (CMA), Dr Andrea Coscelli, gets to work, but I guess it isn’t by train. In fact, I could quite imagine he had never heard of the existence of railways at all. How else to explain the complete lack of interest of his
What’s wrong with UK financial markets? The global economy is recovering, but British stocks and shares are not keeping pace. The pound has failed to recover from the slide it experienced in the wake of the EU referendum. This is frequently blamed on investors being spooked by Brexit, even more so by the possibility of
It is the decimal point which really gets me. If we have a ‘no deal’ Brexit, according to Treasury forecasters, the economy will be 7.6 per cent lower in 15 years’ time than it would be if we didn’t leave the EU. What, not 7.7 per cent? It is an age-old trick: express your guesswork
Imagine if David Cameron, at the height of the riots in August 2011, had abandoned London to embark on a speaking tour of foreign capitals to lecture the rest of the world on how European civilisation could help save the rest of the world from ‘chaos’. You now have an idea of what it must
With the leak of a 26-page political declaration this morning – an enhanced version of last week’s briefer document – we now know the shape of the future EU-UK relationship which May and the EU negotiators want to achieve in the long run – if, and this could turn out to be a big if
Anyone trying to get about London over the past few days may have come across the activities of a group called Extinction Rebellion, which blocked Westminster and several other bridges on Saturday, blocked Lambeth Bridge today and plans to repeat the exercise later this week. Its tactics are simple – it gathers raggle-headed eco warriors,
Big UK business is often guilty of short-termism and the CBI’s response to Theresa May’s draft withdrawal proposal is no exception. Large companies are backing May’s appalling deal with the EU because they are preoccupied with ensuring that next year’s results are no worse than the guidance they have given markets. The opportunities which could
Brexit is, as we know, the most important issue facing the government and the country. Except it isn’t. For the Conservatives there is an even more pressing matter: how to prevent a socialist government. Yesterday, the pound plunged after ministerial resignations following Theresa May’s deal with EU negotiators. But were investors spooked by the thought
Another day, another case of Donald Trump ignorantly tweeting from the hip. Or maybe not quite so much. On Saturday, the President blamed the deadly forest fires in California, which have killed over 40 people in the town of Paradise near San Francisco and devastated celebrity-inhabited areas outside Los Angeles, on poor forest management. It
The conundrum of economic growth continues. The withdrawal process from the EU is, even by the admission of the most ardent Brexiteers, going pretty badly. We have a rearguard Remain lobby trying to talk down the economy at every opportunity – something which you might think ought to be undermining confidence. And yet still there
Just when you thought identity politics couldn’t get any more confusing, along comes along Emile Ratelband. Mr Ratelband, who is described in the Guardian as a ‘motivational speaker’ and ‘positivity guru’, has appeared in a court in Arnhem in the Netherlands trying to persuade the judge to allow him to change his official birth date
The rearguard Remain lobby, which has far from given up on its ambition to reverse the Brexit vote, has put much store in the alleged electoral malpractice of Aaron Banks and his Leave.EU campaign, as well as the actions of the now-defunct Cambridge Analytica. Along the way it has found the Electoral Commission and the
The world’s poor are, as we know, suffering under the yoke of capitalism, getting ever poorer as we rich grab an ever-greater share of the world’s resources and pollute the environment for everyone else. We know this because the Left keeps telling us so. But amidst the unrelenting gloom of an ever-more unequal world, one
Labour, as we know, is a party which has fallen into the hands of a dreamy left-wing idealist who is out of touch with the public, and who has managed to push out the party’s down-to-Earth moderates – people who, like Tony Blair, understand that if Labour wants to win power it must appeal to
Now it is London museums bleating about Brexit. A memo from the V&A released under Freedom of Information laws, warns darkly: ‘we will struggle to keep the museum open to the public in the immediate short term’. A no deal Brexit, it is claimed, could affect visitor numbers from the EU, diminish donations and also
As Nick Clegg, George HW Bush and many other politicians have proved to their cost, manifesto promises matter. How damaging, then, will Philip Hammond’s brazen abandonment of the 2017 Conservative pledge be, whereby financial discipline was supposed to ‘guide us to a balanced budget by the middle of next decade’? Now, Hammond seems to be
Remainers’ first response to the news that James Dyson will build his new electric car in Singapore was to accuse him of hypocrisy. Here is a man who expects others to be patriotic, goes the argument, and yet when it comes to his own interests he dumps Britain and takes his business elsewhere. But those
If Britain crashes out of the EU with no deal and the Conservatives plunge to a defeat against Labour in a subsequent general election, Theresa May, not without reason, will take the blame. But the blame will not be all hers. William Hague will deserve a fair slice of it as well. It has become
In two weeks’ time, Philip Hammond is expected to declare an ‘end to austerity’. Today’s figures on wage growth are a reminder of why he needs to tread extremely carefully on this. What he will mean is that austerity is over for the public finances – he is confident enough to start increasing government spending
Now that fracking has resumed in Lancashire after a seven year hiatus, the green lobby which sought to frustrate it and delay it at every turn can reflect on what they have achieved: keeping the UK’s carbon emissions rather higher than they would have been, had our native fracking industry been allowed to develop more
