Uk politics

Sunny side up?

Earlier this week I asked what Obama’s experience could teach a Cameron government. At the same time, there has been a well-argued debate in The Times about whether the Tories should go negative or not. There is one point where the two issues converge – and that is in how a newly-elected government should deal with the country’s economic legacy. Once in power, a Tory government will be tempted to be optimistic, to point to the sunny uplands. General Colin Powell said “positive thinking is a force multiplier” and the Cameron team come across as natural adherents to this viewpoint. There is also the fact that the modern Tory agenda

The numbers spoil Labour’s narrative

Labour have certainly come out of the traps snarling and gnashing this morning.  For one, they’re making the most of two letters in the FT, signed by 60 economists, which ostensibly support their position on the public finances.  And then there’s Gordon Brown’s speech to European leaders, in which he implores them to tackle the “hatred” of “the right”.  Naturally, by “the right”, he means “David Cameron”. It’s those letters which really grab the attention, though.  Not really because of what they say, or who has signed them, but because they’re suggestive of how the debate over the public finances is going to go.  Yep, the Tories get 20 economists

Cameron and the power of the bully pulpit

I must be one of the very few people who would genuinely like to see David Cameron give another speech on chocolate oranges. There was much mockery of it but it contained a very important point: there are some things that a business can do that have negative externalities to which the appropriate response is not taxation or regulation but social disapprobation. So, it was good to see Cameron promising both to use the power of his office to call out companies that sell age inappropriate products and to make it easier for people to protest against such behaviour. There are other areas where I expect social pressure could be

Introducing Dave

Readers of the magazine will be familiar with Michael Heath’s series of ‘Flash Gordon’ cartoons, based on the life and sulks of our glorious Prime Minister.  Well, now it’s got a successor – ‘Dave’ – which, naturally enough, focuses on the Tory leader and would-be PM, Mr Cameron.  Here’s the first of them, from this week’s issue, for the benefit CoffeeHousers.  Just click on the image to make it bigger:

Can it get much worse than this?

£4.3bn in the red, that is the gruesome fact of the government’s January accounts. Never before has the government borrowed money in January, usually a month of surplus as self-assessed income and corporation tax receipts line government coffers. Analysts forecast a surplus of £2.8bn, denoting just how bad the situation is. This is an exact copy of last July’s accounts, lending weight to the analysis that Britain’s recovery is slow and very precarious, an analysis confirmed by the weakest mortgage lending figures for ten years. Obviously tax revenues have collapsed. Mass redundancy, pay cuts and two years of heavy losses across the economy have decimated real incomes, making creeping inflation

If Brown-Morgan can’t move the polls, what about the TV debates?

Brace yourselves.  There’s going to be poll after poll after poll in the weeks leading to the election.  And the onslaught starts in the Sun today, with the first of their YouGov daily tracker polls.  It is also the first to be conducted in the aftermath of the Brown and Morgan interview. So what’s the story?  Well, Labour’s vote is more or less unmoved – suggesting, in turn, that the public were more or less unmoved by Brown’s interview with Piers Morgan.  They’re on 30 percent (down 1), with the Tories on 39 percent (up 1), and the Lib Dems on 18 (down 1).  That’s a 9 point lead for

What the markets are banking on

Hamish McRae’s column today contains news of a warning that I had not seen reported elsewhere: ‘The capital markets division of Royal Bank of Canada yesterday put out a ranking of sovereign risk – the risk that a country cannot repay its debts. Ireland and Greece came at the top, as you might expect, followed by Portugal and … yes, the UK. On that ranking we are more of a risk than Italy, France and Spain. That is just the view of one bank but it echoes those of others in the business of advising savers around the world of the risks of investing in different countries.’ My concern is

Bare Argentine aggression

The Falklands are sovereign British territory and must be defended. The Times reports that Argentina’s President Kirchner has issued a decree (how quaintly autocratic) that all ships sailing in waters claimed by Argentina will require a permit. Presumably, that includes Desire Petroleum’s rig, which is en route to drill for an oil field comparable to the North Sea field. Over at Conservative Home, Daniel Hamilton points out that the decree contravenes international law and that Britain has a right to explore for oil unimpeded. So what are the Argentines up to? Nile Gardner explains: ‘If the floundering, corrupt and increasingly unpopular government in Argentina is foolish enough to choose a

Vote for the party of Frank Gallagher<br />

Following the success of the ‘I’ve never voted Tory’ spoofs, Tim Montgomerie has launched My Labour Poster and welcomes your contributions. I imagine it’ll receive po-faced censure from CCHQ, but Cameron&Co will be privately thrilled if activists get it up and running.

An early warning system for healthcare

Every few years we unearth another hospital scandal in which we discover, all too late, that many patients have needlessly died.  On the face of it there is no common theme to these failures: the bug clostridium dificille at Stoke Mandeville, possibly similar infections at Maidstone & Tunbridge Wells; emergency admissions at Mid-Staffordshire, and possibly poor hygiene at Basildon & Thurrock. But, as The Sun points out today, it seems that the Department of Health was warned in the strongest terms about flaws in the healthcare oversight mechanism. It is astounding that there is no system of performance improvement in the NHS.  But suppose there was. If we could, say,

James Forsyth

The Tories needed to be negative

There is only one way the Tories can lose the election and that is if it becomes a referendum on them rather than a choice between them and the government. We are in such an anti-politics moment that the electorate is unlikely to give a positive endorsement to any politician or political party. This—not the poor choice of photo—was the real problem with the Tories’ opening ad of the year: it invited voters to judge Cameron in isolation. Cameron is the biggest asset the Tories have but he is their biggest asset when contrasted with Gordon Brown. This is why I think Daniel Finkelstein is wrong to argue that the

What can Cameron learn from Obama’s situation?

President Obama was going to be different. He was going to learn from Jimmy Carter’s failures. He was going to avoid Bill Clinton’s fate. Like his well-run campaign, Obama’s tenure in the White House was going to be cool, calm and effective. If Clinton failed by sending an over-cooked healthcare reform to Congress, Obama would succeed by leaving the details to lawmakers. If McCain’s campaign was psychodrama, Obama’s administration was going to be all collegiality.    It did not work out that way and now the knives are out for Obama’s team. First there was Ed Luce’s piece in the Financial Times. Now Leslie H. Gelb, a veteran DC insider,

Purnell’s ‘empowerment’ pledge falls flat

James Purnell envisages a society of ‘empowered’ voters left to make decisions for themselves. It is an attractive concept – individual responsibility displacing state directives will save money and, providing those running the institutions are competent, improve public services. Writing in the Times, Purnell acknowledges that these concepts can become lost in the abstract terms in which they are expressed. What a pity he didn’t take his own advice – his article is an extended abstract noun. Not that it’s all bad. What power is there for parents who can’t afford to move close to a good school, he asks. His answer is broadly similar in tone and substance to

Branson’s comments are nectar to the Tories

Sir Richard Branson may often personify a leering joke, but, as Steve Richards observed this morning, this election is descending into a personality contest. Branson remains a symbol of British entrepreneurial success: his endorsement is crucial and I expect to see this story splashed across the right-wing tabloids tomorrow. The Standard quotes Branson saying: “I believe the UK’s record budget deficit does pose a serious risk to our recovery. “It would be damaging if we lost the confidence of the markets through delayed action and saw interest rates have to go up steeply. “We are going to have to cut our spending and I agree with the 20 leading economists

MPs, porkies, pigs and scum

The headline might almost be word association, but when it comes to Twitter the devil makes work for idle thumbs. Guido points out that tweets cannot be edited once posted. Labour whip David Wright has previous with labelling the Tories ‘scum’, and he maintains that on each occasion he has fallen victim to a would be Lisbeth Salander, who uses their genius to post inane political slurs in no more than 147 characters. Either that or he’s artless at deceit.     CCHQ scent blood and Eric Pickles is gunning for Wright’s head. He has written a letter arguing that Wright has breached the ministerial code. I can see this row

Short term or long term inflation?

The news that the CPI rose to 3.5 percent doesn’t seem to have affected the markets, but the cost of living is soaring. Mervyn King has written to Alistair Darling predicting that inflation will fall back to the benchmark 2 percent over the course of the year, and that the current explosion is a result of short term factors such as the restored VAT rate, a 70 percent rise in oil prices and the depreciation of sterling. David Blanchflower is right: inflation may eat a little of Brown’s debt mountain and it will help those who now hold negative equities on houses. But it does precious little else that is

Fraser Nelson

Cutting it with the Fink

I couldn’t let today pass without a response to Danny Finkelstein. We do agree on the ends, but not the means. And, as he says, this debate mirrors one about the methods of reform. So, let¹s go through his points. 1. ‘I am afraid I think Fraser overestimates (a lot) how politically difficult this is all going to be. And how personally painful for a lot of people. And how technically difficult.’ Painful, yes, but necessary ­ and it will be resented if Cameron is not straight about the cuts he will have to make. But how painful? Gordon Brown¹s great intellectual victory is to persuade the Tories that ‘cuts’