Economic Innovator of the Year Awards 2022 – the regional finalists
From our UK edition
We’re very pleased to announce the finalists for The Spectator’s Economic Innovator of the Year Awards 2022, sponsored by Investec.
From our UK edition
We’re very pleased to announce the finalists for The Spectator’s Economic Innovator of the Year Awards 2022, sponsored by Investec.
From our UK edition
It’s hard to think of any Prime Minister who has entered office surrounded by such low expectations. Liz Truss was backed by just over half of Conservative party members and secured barely an eighth of MPs in the first ballot. Her critics dismiss her as a lightweight, wholly unsuited to tackling the problems now facing the country. The presumption is not just for trouble, but calamity: the fastest drop in living standards in living memory, followed by prolonged recession and worse. So if Truss manages to send inflation into reverse and makes a noticeable cut to taxes by Easter, it will be seen as quite an achievement. She has also been helped by Rishi Sunak’s somewhat wild exaggeration of the risk her tax cuts posed to the public finances.
From our UK edition
In they come, out they go Liz Truss is the 15th prime minister to have served under Queen Elizabeth II, and her appointment was the 15th time the Queen has overseen a change of prime minister during her reign (Winston Churchill was already PM when she became Queen but Harold Wilson served twice). It would require political turmoil, however, for Elizabeth II to catch up with Queen Victoria on the latter score. While only ten different prime ministers served under Victoria, she oversaw 19 changes of prime minister. On five occasions the PM she appointed lasted less than a year. William Gladstone was appointed for his third spell on 1 February 1886, but six months later, on 20 July, he had to visit the Queen in order to resign.
From our UK edition
Why we allowed it Sir: In her article ‘Why didn’t more people resist lockdown?’ (3 September), Lionel Shriver partially answers her own question. Priti Patel told us it was our public duty to shop our neighbours if they had three friends to tea, and our previously invisible police force started to patrol parks and beaches with unprecedented vigour, with a threat of £1,000 fines for malfeasance. There was no eagerness, but the public were glued to the nightly broadcasts from No. 10, where the PM told us we would be little better than murderers if we didn’t obey the diktats. The fear all this created is still evident as I walk round Sainsbury’s every week and see masked shoppers disinfecting their trollies as if their life depended on it.
From our UK edition
Home Liz Truss, the new Prime Minister, said in a speech outside 10 Downing Street: ‘Boris Johnson delivered Brexit, the Covid vaccine and stood up to Russian aggression. History will see him as a hugely consequential prime minister.’ For her part: ‘I am confident that together we can ride out the storm.’ Earlier, on being elected leader of the Conservative party, she had said: ‘I know that we will deliver, we will deliver, we will deliver.’ She had been elected by party members ahead of Rishi Sunak by 81,326 votes to 60,399 (57.4 per cent to 42.6). Turnout was 82.6 per cent.
From our UK edition
The quotation was ‘I WAS BORN TO SPEAK ALL MIRTH AND NO MATTER’ from Much Ado About Nothing (II.i.321) by WILLIAM SHAKESPEARE. BEAT/RICE (23D/17) is the speaker and BENE/DICK (12/31) the sparring partner. Title: Much Ado About Nothing in cryptic form. First prize R.R.
From our UK edition
Well, this is it folks. Thanks to all of you for coming out so early this morning. In only a couple of hours from now I will be in Balmoral to see Her Majesty the Queen and the torch will finally be passed to a new Conservative leader.
From our UK edition
Trinity School, Croydon Headmaster Alasdair Kennedy says he wants students to leave the school ‘without any sense of entitlement, but with a humility that acknowledges the fact there is always more to learn and others to learn from’. The former grammar school, which accepts boys from the age of ten, now offers a co-educational Sixth Form, in a state-of-the-art building opened by Boris Johnson in 2012. More than half of parents do not pay the full fees of £20,437 per year due to scholarships and bursaries. This summer, 84 per cent of students got into their first choice university, with almost half of all grades awarded being A*s.
From our UK edition
Matthew Parris My father was an engineer. As a child I enjoyed ‘creative’ writing: stories, poems and so on. Dad said: ‘Try writing something useful. You know how to mend a bicycle puncture. Write for me, on one page, instructions for mending a puncture, to be read by someone who knows what a bike is, and what things like “spanner” and “puncture repair outfit” mean, but has never tried to do the job themselves.’ To my own and Dad’s surprise, I really enjoyed this exercise, which demands not just an ability to write clearly, but the mental exercise of putting yourself into a different person’s place, so you can explain. It is really an exercise of the imagination.
From our UK edition
Oxford and Cambridge have released figures showing how many offers they gave to pupils from schools in the 2021 Ucas application cycle. We have combined the figures in this table. It shows how well state grammars and sixth-form colleges compete with independent schools. Over the years, both universities have increased the proportion of acceptances from state schools: 69 per cent, up from 52 per cent in 2000. Of the 80 schools, 35 are independent, 21 grammar, ten sixth-form colleges, seven selective sixth-form colleges, six comprehensives or academies, and one is a further education college. (Schools are ranked by offers received, then by offer-to-application ratio.
From our UK edition
Lockdown saved lives Sir: Rishi Sunak presents an alarming picture of what happened during lockdown (‘The lockdown files’, 27 August) – and one echoed by lockdown sceptics who claim that Covid policy was a disaster, stoked by fear and based on questionable scientific advice. Worst of all, they cry, the trade-offs were not even discussed. But none of this is true. I know because I sat around the cabinet table as politicians, scientists, economists and epidemiologists agonised over the extent to which lockdown would devastate lives and livelihoods. It was not an easy decision for anyone. Looking back, it’s clear that the biggest mistake we made wasn’t locking down, but doing so too late.
From our UK edition
Home Liz Truss, the contender for the Conservative party leadership who is expected to become prime minister next Tuesday, resisted temptations to say what she would do about the national energy price crisis. But she was said to have in her pocket licences for new drilling in the North Sea. Nadhim Zahawi, the Chancellor of the Exchequer for the time being, said that even people earning £45,000 a year would need help with their energy bills this winter. The price cap for energy set by the regulator Ofgem will rise by 80 per cent in October, with electricity going up from 28p per kilowatt hour to 52p and gas from 7p to 15p, making a typical annual energy bill currently £1,971 rise to £3,549.
From our UK edition
Of mice and Moon What did Nasa achieve last time it visited the Moon? Apollo 17, in December 1972, involved putting two astronauts, Eugene Cernan and Harrison Schmitt, there for 75 hours. They used a lunar roving vehicle to collect 254lb of rock and dust samples from areas up to 4.7 miles from the landing site. Among them was some orange dust believed to have originated in a volcanic eruption 3.5bn years ago. Experiments were also conducted into the flow of heat from the centre of the Moon to the surface, into minor changes in gravitational force, and the effect of cosmic rays on mice. At the end, Cernan said that he thought humans would return ‘not too long into the future’. North Sea hopes Can the North Sea avert the energy crisis?
From our UK edition
In her memoirs, Raisa Gorbacheva recalls the moment when her husband turned from bureaucrat into reformer. ‘I’m in my seventh year of working in Moscow,’ he told her as they were walking together one evening. ‘Yet it’s been impossible to do anything important, large-scale, properly prepared. It’s like a brick wall – but life demands action. No, we can’t go on living like this any more.’ It was the first time, she wrote, she heard him say such words. ‘That night, a new stage began that brought big changes.’ Mikhail Gorbachev’s death this week has led to much analysis of his legacy. He is admired more in the West than in Russia.
From our UK edition
The unclued lights were characters in Neighbours, paired at 12/19, 14/20, 16/19 and 32/20.
From our UK edition
Finnish lines Finnish Prime Minister Sanna Marin said she had taken a test for illegal drugs after being filmed at a party at which some people were shouting ‘flour’ – Finnish slang for cocaine. What’s Helsinki’s nightlife like? — The Hostelworld website identifies a Helsinki venue, Kaiku, as one of its 20 top clubs in the world. — Insider.com names Helsinki as the second best city in the world for socialising. — However, Finder.com rated Helsinki as the 16th most expensive city in the world in which to buy a pint, although it did come out cheaper than Oslo and Stockholm. Screen out Cineworld was reported to be on the verge of filing for bankruptcy, following Covid and what it said was a lack of blockbusters this year.
From our UK edition
Overhaul the GMC Sir: Max Pemberton’s cogent criticism of the GMC (‘Unfit for purpose’, 20 August). is one of the more nuanced and on the nose of those that I have read. A client of mine was reprimanded and subjected to a fitness-to-practise investigation after an attempted suicide following a financial crisis. The experience worsened his mental health, which then prolonged the investigation. Other clients have been forced to sell their homes or relocate. Some initial steps I implore the GMC to take include limiting the length of investigations, improving mental health reporting, providing more support for doctors about fitness-to-practise issues, and overhauling how evidence is handled.
From our UK edition
Home Inflation would reach 18.6 per cent by January and the energy price cap £5,816 in April, according to a forecast by Citi, the investment bank. An annual National Grid exercise simulating a gas supply emergency has been extended from two days to four in September. Workers at Felixstowe, Suffolk, Britain’s biggest container port, handling 48 per cent of traffic, went on strike for eight days. Strikes by Scottish dustmen spread from Edinburgh. Barristers belonging to the Criminal Bar Association voted to go on an indefinite strike in England and Wales after their demand for a 25 per cent increase in pay for legal aid work was denied. A man was charged with the murder of Rico Burton (a cousin of the boxer Tyson Fury), who was stabbed to death in Altrincham at 3 a.m.
From our UK edition
In just over a week, Britain will have a new prime minister. No one can say that the 160,000 or so Conservative party members who will have made the choice have been deprived of exposure to the two candidates. The leadership race has dragged on for longer than a general election campaign, with endless televised hustings and public appearances. The process is supposed to be a training ground, testing candidates on their answers to all the toughest questions that will confront them in government. But in this respect it has failed. High tax is a symptom of a wider problem: big spending. Unless spending changes, any tax cut will be temporary. Yet there has been very little acknowledgment from the candidates that government has grown out of all proportion to its usefulness.
From our UK edition
The unclued lights (including the pairs at 2/14 and 12/36) are names of organ stops which Brewer calls ‘music in themselves’. First prize C.R.