Theresa may

Mark Carney takes issue with Theresa May at Treasury select committee

With Mark Carney stepping down from his role as governor of the Bank of England in 2019, it’s been widely reported that relations between Carney and Theresa May are strained. As James Forsyth writes in The Spectator, the Prime Minister managed to rub Carney up the wrong way with her Conservative conference speech when she appeared to criticise central banks and citizens of the world. At today’s Treasury select committee, Carney denied that May’s comments played a role in his decision to extend his contract by just 12 months. He did, however, appear to take a swipe at May over her choice words. When Andrew Tyrie — the committee chair — pointed out that May

Tom Goodenough

What the papers say: May’s ‘flawed’ plan and the ‘short-sighted’ rejection of Farage

Theresa May used her first big speech on foreign policy last night to spell out the need for globalisation to change. She adopted a softer approach than she did in her conference speech, when she went on the warpath against the liberal elite, says James Forsyth. Yet she remained clear: this year’s political upheaval shows something needs to give. It’s hard to fault that thinking, but while many would agree with the Prime Minister, does May have the answers for what this change should look like? No, says the Guardian, which slates Theresa May for having no answers to the key questions left following Donald Trump’s election victory. The paper says the Prime Minister

Theresa May doubles down on Farage’s diplomatic offer

Nigel Farage is once again a thorn in the Prime Minister’s side. After Downing Street dismissed the interim Ukip leader’s offer to help May forge a relationship with Donald Trump, they were left red-faced over the weekend when Farage became the first British politician to meet the president-elect since his victory. Now the Prime Minister is under pressure to rethink her approach to both Farage and Trump. Yet rather than perform a u-turn, she has issued a fresh rejection of Farage’s offer of help. At today’s lobby briefing, when asked whether May would now consider accepting Farage’s help, the Prime Minister’s spokesman said Trump had told May he looked forward to enjoying the same close relationship that Ronald Reagan and

Steerpike

Theresa May’s bad night at the Standard theatre awards

It’s probably for the best that Theresa May wasn’t present at last night’s Evening Standard theatre awards. Mr S understands that the Prime Minister found herself in the firing line twice, with both Patrick Stewart and Lord Lloyd Webber using their stage time to take aim. First Stewart — the Star Trek actor — attacked May over her grammar school proposals. Then Andrew Lloyd Webber — the Tory peer who flew from New York to vote against the tax credits Lords rebellion  — criticised the PM over cuts to art funding. At least May can take heart that luvvies aren’t known for being on side.

Theresa May now has some Trumps in her Brexit negotiating hand

Britain’s position heading into its Brexit talks is far stronger than it was a week ago, I argue in The Sun today. Why, because Donald Trump has changed the dynamics of global politics. Brexit’s critics used to claim that this country would be isolated after it left the EU. But it is hard to make that case when the president-elect of the most powerful country in the world is in favour of it. Indeed, the next US President is more enthusiastic about it than the British Prime Minister. He was for it before June 23rd. Theresa May now has a chance to create a strong relationship with Trump before other

Donald Trump affirms America’s ‘special relationship’ with Britain

After a few anxious hours this morning when it emerged that Donald Trump had found time to telephone nine world leaders — including Taoiseach Enda Kenny  — but not Theresa May, the Prime Minister has now received the call. In the course of the conversation, the pair agreed the US-UK relationship was ‘very important and very special’, and that building on this was a priority for both. The Prime Minister also tried to lay the groundwork for a US trade deal as she highlighted her wish to ‘strengthen bilateral trade and investment with the US as we leave the EU’. As James notes in this week’s issue of The Spectator, Trump’s enthusiasm for Brexit does provide opportunity

The English right’s Trump temptation

Labour’s election then re-election of Jeremy Corbyn was the equivalent of a suicidal man who, when the noose snaps and gives him a second chance, decides to throw himself off a cliff instead. The Liberal Democrats are too small to get a hearing. The Scottish nationalists will speak only for Scotland. The only arguments that matter in England now are the arguments within the right. But what is the right today? What does it mean to say you are right-wing? You only have to look at the triumph of Donald Trump to guess the answer. He not only beat Hillary Clinton but the old Republican party, which looks like it

Katy Balls

Theresa May congratulates Donald Trump on his victory

The Prime Minister has issued a statement congratulating Donald Trump on his election as the next President of the United States. In this, Theresa May says she looks forward to working with Trump to ‘ensure the security and prosperity of our nations in the years ahead’. ‘Britain and the United States have an enduring and special relationship based on the values of freedom, democracy and enterprise,’ says May. ‘We are, and will remain, strong and close partners on trade, security and defence.’ While it is customary for the Prime Minister to congratulate a new president, her comments are a marked change to the language David Cameron used towards Trump when

Theresa May’s passage to India

When a Prime Minister flies off abroad with a few business-leaders it is seldom worthy of comment. Such trade missions tend to achieve little, beyond generating headlines intended to flaunt politicians’ pro-business credentials. But with the impending departure of Britain from the European Union,-Theresa May’s visit to India this week, accompanied by Sir James Dyson and others, has huge significance. For the first time in four decades, a British Prime Minister can discuss doing trade deals — something which we have until now been forced to contract out to officials in Brussels. Mrs May chose her destination shrewdly. With its rapidly expanding economy and the gradual liberalisation of economic policy, India

Tom Goodenough

What the papers say: The Brexit backlash continues

The row over last week’s High Court ruling on Article 50 rumbles on this morning. Theresa May has given her backing to the judiciary, with the PM saying she ‘values the independence of our judiciary’. Yet some of this morning’s newspaper editorials are in much less forgiving mood. The Daily Telegraph points out the distinction between the rule of law and the rule of judges and says that Lord Thomas, the Lord Chief Justice, Sir Terence Etherton, the Master of the Rolls and Lord Justice Sales quite simply got it wrong last week. The paper says the government is right to appeal the decision, pointing out that it’s not uncommon for

Britain’s troubled housing market is fuelling social immobility and resentment

‘Prefabs to solve housing crisis,’ screamed the front page of the Sunday Telegraph last weekend. Can the shortage of homes in Britain really be so bad that ministers are floating plans to encourage the first new generation of temporary, pre-packed houses since the great reconstruction drive which followed the second world war? The UK is in the midst of a housing shortage that numerous credible experts now describe as ‘chronic’ and ‘acute’. While it’s widely recognised that we need 250,000 new homes each year to meet population growth and household formation, house-building hasn’t reached that level since the late 1970s. During the Thatcher era, as fewer council houses were built,

Government’s high court defeat sparks election chatter

What worries government ministers, as I say in The Sun this morning, is not the actual vote on the Article 50 bill—voting against the bill as whole would be akin to rejecting the referendum result—but attempts to tie Theresa May’s hands ahead of the negotiation through amendments to the bill. One senior Cabinet Minister tells me that peers and MPs ‘won’t be able to resist’ trying to amend the bill. Though, it is worth noting that because of public concern about free movement there probably isn’t a Commons majority for staying in the single market, post referendum. Downing Street is adamant that they don’t want an early election, and that

The unhinged backlash to the High Court’s Brexit ruling

As a general rule, any day the government loses in court is a good day. So yesterday was an especially fine day. A delicious one, too, obviously, in as much as the fist-clenched, foot-stamping, whining of so many Brexiteers was so overblown and ludicrous it toppled into hilarity. People who shouted for months about the urgent need to restore parliamentary sovereignty now reacted in horror to the restoration of parliamentary sovereignty. ‘That’s not what we meant’, they spluttered. We meant governmental supremacy only when it suits us. Well, tough. A certain amount of squealing was only to be expected since, if Nigel Farage has taught us anything, it is that the Brexit-minded

James Forsyth

Tory MP quits over Theresa May’s approach to Brexit

Stephen Phillips is resigning as a Tory MP in protest at the government’s reluctance to engage with Parliament over Brexit. Phillips, a lawyer by profession, voted Out in the referendum. But he has repeatedly argued that parliamentary sovereignty means that the executive must come to parliament before triggering Article 50 and consult with parliament over its negotiating aims. He blames his resignation on the fact that ‘growing and very significant policy differences with the current Government mean that I am unable properly to represent the people who elected me.’ Phillips is quitting with immediate effect, meaning that there is another by-election coming. Phillips’s Lincolnshire seat voted heavily to Leave, so

A passage to India | 3 November 2016

When a Prime Minister flies off abroad with a few business-leaders it is seldom worthy of comment. Such trade missions tend to achieve little, beyond generating headlines intended to flaunt politicians’ pro-business credentials. But with the impending departure of Britain from the European Union,-Theresa May’s visit to India next week, accompanied by Sir James Dyson and others, has huge significance. For the first time in four decades, a British Prime Minister can discuss doing trade deals — something which we have until now been forced to contract out to officials in Brussels. Mrs May has chosen her destination shrewdly. With its rapidly expanding economy and the gradual liberalisation of economic

Nick Hilton

The Spectator podcast: Breaking the Bank

On this week’s podcast, we discuss the fraught relationship between Mark Carney and Theresa May, the similarities between the sieges in Mosul and Aleppo, and why we all have to wait so long at the airport. First up, this week saw Bank of England Governor Mark Carney announce that he would be stepping down from his post in June 2019. This was the conclusion to a troubled few weeks that started with the Prime Minister’s party conference speech, in which she spoke of the ‘bad side effects’ to recent monetary policy. So what’s the future for Carney and the Bank of England? And will May need to recalibrate her relationship

Full text: George Osborne’s speech at the Spectator Parliamentarian awards

I am honoured to be invited to present these awards. Thank you very much for taking me out of my unemployment. When I read the Spectator front cover on the eve of the referendum, I thought it was advice on how to vote: ‘Out – and into the world’. But it turned out to be career advice to me. And of course, normally these annual awards are presented by last year’s winner of ‘Politician of the year’, David Cameron. And it’s another example of where he’s disappeared and left me holding the baby. I wanted to support the Spectator magazine – a brilliant weekly compendium on the arts, on politics,

Full text: Theresa May’s ‘Politician of the year’ acceptance speech

Oh come on, we’re all builders now. Thank you very much indeed and it’s a great pleasure to receive this award. I am particularly pleased to receive the award from George, because I gather when it came to the voting it actually got very tight and I owe it to George – he just nudged me over the line because he told all the other members of the jury that if they didn’t vote for me, the economy would collapse and world war three would start. I feel I just have to make a comment or an intervention on a previous speech: Boris, the dog was put down, when it’s

James Forsyth

Breaking the Bank

The exchange of letters this week between Mark Carney and Philip Hammond made it very clear who the supplicant was. The Governor of the Bank of England informed the Chancellor of the Exchequer that he was prepared to extend his term by one year. Carney pointed out that while the personal circumstances that had made him want to limit his term to five years had not changed, this country’s circumstances had. So he would be here a little longer. Things had seemed very different a few weeks ago, when Theresa May bemoaned the consequences of the Bank’s monetary policy in her party conference speech. ‘A change has got to come,’