The mega rich officially have too much money to spend: here’s why that’s a really bad thing

Last night a thought struck me as I walked past The Shard on my way home. Parked outside the Shangri-La Hotel – where suites cost £10,000 a night – were a posse of Bentleys – which cost in excess of £150,000 – and other such beamers which stood proudly in a huddle while their respective drivers waited patiently for their passengers. Such shows of exuberant fortune no longer constitute wealth in this day an age – this is mega money,...

Conservatives minus the Brexit Party = Labour government

It’s hardly as eloquent as e=mc2, but the formula for winning the next general election could be relatively simple for Labour. With results in from last night’s by-election there’s plenty of reasons to be cheerful in the Labour camp. The Conservatives suffered their worst loss in a Peterborough election since 1886 and dropped to third in a constituency they held until 2017. Labour managed to hold on to the seat despite many predicting they would be ousted, with Union activist...

Tory candidates draw battle lines over the most destructive way to exit EU

Frontrunners to succeed Theresa May have drawn battle lines over the most destructive way to exit the EU this week, with Domic Raab going as far as saying he may prorogue Parliament to ensure Britain leaves one way or another on October 31st. A nightmarish ‘no deal’ scenario on the spookiest day in the calendar is becoming an increasing possibility based on the sentiment of the Tory hopefuls. All five of the leading candidates to take over from Mrs May...

Rejecting an informed referendum is the very definition of betrayal

In September last year I posed a question: Why do people keep calling the People’s Vote a “second referendum” when that isn’t what it is? Whether you want to call it a People’s Vote, a confirmatory referendum or an informed referendum, one thing that should be clear is that this is not simply a re-run of the first vote. Pedantic as it may seem, framing it as such is what allowed Nigel Farage to scoop as many seats as he...

Will the ‘Special Relationship’ bring Britain into Trump’s war on Iran?

Remember the ‘Special Relationship’? It’s one of those phrases that gets a certain kind of British politician bleary-eyed with nostalgia. It’s not as popular as it was during the Blair years, when it was continuously invoked to justify unpopular wars, but the hard Brexiteers are big promoters of the concept. Boris Johnson, well-known Atlanticist, has invoked it. Jacob Rees-Mogg, noted mangler of history, imagines that the British can be the Greeks to the Americans’ Romans (this terrible analogy doesn’t even...

Why aren’t people as fanatical about saving the World as they are about saving Brexit?

If there is one thing I have learned in recent weeks it is that Brexit, to some people, is worth delivering at any cost. In fact, so fanatical have Leave advocates become that despite all the evidence suggesting that an untidy departure could result in significant job losses, economic hardship, threats to our medical supplies and long-term fiscal damage they are insistent that we carry on regardless. Fred from Hampshire summed up the mood in the Brexit camp when writing...

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