The Spectator

The facts about the Venezuelan economy

Contrary to the impression given by Jason Mitchell, Venezuela does not have a socialist economy (‘Maduro’s madness’, 25 August). It has a ‘mixed’ economy (and therein lies some of its problems; such as food hoarding by private companies hostile to the regime). The private sector is large, and involved in numerous sectors within the economy;

Letters | 23 August 2018

Not up to snuff Sir: The country is indeed crying out for expertise, as James Ball and Andrew Greenway wrote last week (‘The rise of the bluffocracy’, 18 August). But the main problem is with the civil service, not politicians. The civil service has traditionally wanted experts to be ‘on tap, not on top’. This

When fear fails

Economies run on confidence — as Franklin D. Roosevelt observed when he told Americans, in his first inaugural address during the depths of the Great Depression in 1933, that they had ‘nothing to fear except fear itself’. If that confidence is lost, if people collectively start drawing in their horns, squirrelling money away because they

Portrait of the week | 23 August 2018

Home Government finances were in surplus by £2 billion in July. Public sector net debt rose to £1,777.5 billion, equal to 84.3 per cent of GDP, £17.5 billion more than a year before, but less as a proportion of GDP than last year’s 86 per cent. Jeremy Hunt, the Foreign Secretary, flew to Washington and made a speech

to 2370: Problem XII

The numbers were linked to titles of classic works of FICTION (12): The Two DROVERS (26) (Walter Scott), The Three MUSKETEERS (1D) (Alexandre Dumas (père)), The Thirty-Nine STEPS (34) (John Buchan), The Five RED HERRINGS (36D/5A) (Dorothy L. Sayers), Eight COUSINS (15D) (Louisa M. Alcott) and Five WEEKS IN A BALLOON (14/20) (Jules Verne). 2 x

Barometer | 16 August 2018

Black list Jeremy Corbyn was attacked for attending a ceremony for members of Black September, the terrorist group which carried out the Munich Olympics massacre in 1972. The group took its name from a PLO terror campaign in Jordan two years earlier. Some other black months: Black January: Soviet crackdown against Azerbaijani independence, 1990 Black

Portrait of the Week – 16 August 2018

Home Unemployment fell by 65,000 to 1.36 million — at 4 per cent the lowest level since 1975. The economy in the United Kingdom grew by 0.4 per cent in the second quarter, compared with 0.2 per cent in the first. The rate of inflation rose a jot from 2.4 to 2.5 per cent, measured

The futility of terror

By now, the routine is familiar: a lone wolf strikes, roads are sealed off, buildings locked down and a biographical picture begins to emerge. Often, the perpetrator turns out to be born and bred in Britain. His astonished friends and neighbours say they saw no signs that he had succumbed to fanaticism. It later emerges

to 2369: Prodigious

WUNDERKIND — given by corrections of misprints in clues — can be read as W UNDER KIND, indicating the unclued lights in each of four columns. First prize Cathy Staveley, London SW15 Runners-up Frank Anstis, Truro, Cornwall; S.J.J. Tiffin, Cockermouth, Cumbria

2018 finalists – Scotland and Northern Ireland

  Amiqus ID is an encrypted online system for client-onboarding and transaction checks, with the intention of tackling cyber risk and money laundering.   Avocet Infinite makes use of a ‘unique hydroponic system’ to produce fodder to grow ideal barley for cows.   See.Sense makes ACE, an award-winning smart bike light that uses advanced sensor

2018 finalists – The North West and Wales

  AMPLYFI has created DataVoyant, which it claims is ‘the most advanced business intelligence and research tool in the world’.   Arctic Shores is developing pioneering psychometric assessments to help people and organisations make better career and personnel decisions.   Evergreen Life’s NHS-approved app enables people to own and take control of their own health

2018 finalists – The Midlands

  Black Pear’s principle activity is software research and development in the healthcare sector. Its greatest innovation has been the use of the public cloud to create an electronic ‘Shared Plan’ for patients.   Speechmatics has recently developed a unique AI-powered framework called ‘The Automatic Linguist’, which uses machine-learning to ‘build’ any language in the

2018 finalists – London and The South

  Carwow is a comparison website that aims to facilitate car sales in the smoothest way possible.   Echo is an app designed to make NHS prescriptions more efficient. Users download the app, select their GP, and input what repeat medication they need.   Hectare is aiming to reinvent farm trading by bringing the sales

Letters | 9 August 2018

Why we love Boris Sir: Stephen Robinson is right: Boris Johnson is not loathed outside the Westminster bubble (‘Brexit means Boris’, 4 August). The reason is simple — people can tell he loves the country and is prepared to fight for it. Jacob Rees-Mogg is also very popular for the same reason. Many of our politicians and

Portrait of the week | 9 August 2018

Home Brandon Lewis, the chairman of the Conservative party, demanded that Boris Johnson, the former foreign secretary, should apologise for saying, in an article defending the right of women in Britain to wear the burka or the niqab, that it was at the same time ‘absolutely ridiculous that people should choose to go around looking

Bravo Boris

Ever since Boris Johnson resigned as foreign secretary, it was generally assumed that there would — in time — be a dramatic clash with Theresa May. But it was thought that the Prime Minister would pick her battle over a point of principle, perhaps on Europe, rather than over a joke in his Daily Telegraph