Starmer’s diplomacy downplays “epic scale” of Chinese spying Opinion Yang Tengbo insists that he is not a spy and that he would “never do anything to harm the interests of the UK.” He was speaking yesterday after instructing his legal team to disclose his identity following the “high level of speculation and misreporting in the media and elsewhere.” Much of that reporting focused on [...]
Growth is easier to destroy than to build Opinion Missions, milestones, foundations and pledges; Keir Starmer has unveiled them all since winning the election in July, but no amount of visionary rhetoric can compel an economy to grow. Since Labour’s election victory the British economy has whimpered to a halt. GDP flatlined in July and achieved a barely perceptible nudge up in August before contracting [...]
The battle of ideas is more important than ever Opinion One of the features of modern politics is just how reactionary it is; political leaders jump from issue to issue as the agenda dictates while the media (understandably) follows or leads this trend. For those who keep a close eye on politics it can therefore feel as if life is a series of tactical battles [...]
All hail Rayner, destroyer of NIMBYs December 10, 2024 Since Christmas is a time for hope, it’s worth appreciating the good news when we see it. The business community’s frustrations with Labour are well documented and easy to understand, but even its fiercest critics tend to concede that one area stands out as a bright spot in an economic landscape marred by tax increases: [...]
No Christmas cheer for employers as 2024 draws to a close December 9, 2024 There are plenty of reasons to be cheerful at this time of year, but the state of the economy isn’t one of them. As Christmas trees go up and celebrations get underway, there are worrying signs that large parts of corporate Britain are preparing to end the year in a state of nervousness and pessimism. [...]
Could Elon Musk and Nigel Farage upend British politics? December 5, 2024 Labour’s majority is enormous, but it only gives us the appearance of stability. All the evidence suggests their support is broad but shallow and their victory was as much a question of good luck and good timing as it was a literal vote of support for Labour’s policies. The Tory party is basically neck and [...]
Starmer needs a rethink, not a relaunch December 4, 2024 It doesn’t take a huge stretch of the imagination to picture a communist bureaucrat issuing a decree: “Comrades, I can announce today that four years from now 92 per cent of routine operations will be carried out within our new national target of just four and a half months – realising a goal that has [...]
The City needs to fall in love with risk again December 3, 2024 Back in March, in a meeting room somewhere in the labyrinth of offices that makes up the Square Mile’s political headquarters at the Guildhall, the General Purposes Committee of Aldermen and the Communications and Corporate Affairs Sub Committee met to consider a report on a potential area of focus for a potential new Lord Mayor [...]
Business leaders brace for a cold winter December 2, 2024 Temperatures are set to fall again as a mid-week cold snap muscles in, bringing icy winds to accompany the latest batch of chilling economic data. Several business organisations have just released their latest research, and the findings ought to chill the blood of complacent government ministers. Since the Budget, City AM has reported daily on [...]
Ministers are in denial over the Budget’s impact on jobs and growth November 28, 2024 Well, that didn’t last long. Barely 48 hours after the Chancellor told the CBI conference that the tax-hiking Budget was definitely a one-off, Keir Starmer declined to echo her comments and instead left the door wide open to another round of tax increases and borrowing. We ought to have some sympathy; no Prime Minister can [...]