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Labour’s technocrats are plunging Britain into disaster

Rachel Reeves and Ed Miliband are clinging to failed expert orthodoxies. Spiked 13/01/25 Link Two signs of impending disaster reared into view last week. On Tuesday, the cost of UK government borrowing passed the peak it reached in the autumn of 2022, in the wake of Liz Truss’s disastrous mini-budget. Then, on Wednesday evening, the British energy system came the closest it has been to blackouts in decades. Worse still, this dire news is merely the tip of the iceberg when it comes to energy and the economy. Britain now faces the highest industrial energy prices in the developed world, with UK businesses paying four times as much as American businesses. The UK economy, as well as facing bond-market turbulence, has stagnated, with no growth recorded in the last quarter. The heightened cost of borrowing means a fresh round of austerity measures could be on the way, involving hikes to already eye-watering tax levels or spending cuts to already strained public services. This might seem like...
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Suspended Labour MP pleads guilty to assault

Mike Amesbury appears at Chester magistrates’ court accused of attacking Paul Fellows last year Daily Telegraph 16/01/25 Link Mike Amesbury, the suspended Labour MP, has pleaded guilty to assaulting a man in the street. The Runcorn and Helsby MP appeared at Chester magistrates’ court on Thursday accused of attacking 45-year-old Paul Fellows in Main Street in Frodsham, Cheshire, which was reported to officers at 2.48am on Oct 26 last year. Mr Amesbury was suspended from the Labour Party after footage emerged that appeared to show him punching a man. He now sits in Parliament as an Independent. The 55-year-old was summonsed to court to face a charge of section 39 assault after a file was passed to prosecutors on Oct 29. Alison Storey, prosecuting, told the court that at about 2am on Oct 26 last year Mr Fellows was in Frodsham town centre and went to a taxi rank. He was alone and had been drinking, she said. Ms Storey said: “Mr Amesbury arrived at the same taxi rank. He too was alone and ...

EXCLUSIVE. What the British people think about rape gangs, deportations, legacy media, Starmer's 'far right' claim, and more

Bombshell polling reveals how out-of-touch the elite class really is Matt Goodwin - Jan 15 I’ve often said on this Substack that while the people who run Western nations would like you to believe that YOU are the fringe minority, in reality THEY are the minority. On everything from wanting to end mass, uncontrolled immigration to strengthening our broken borders, the views and beliefs that I proudly represent on this platform are much closer to the average voter than what you hear in among the elite class. Take, for example, the scandal that’s currently rocking Britain —the rape gangs. As brand new polling by Friderichs Advisory and JL Partners shows, which was shared exclusively on GB News tonight and I can share with you right now, Keir Starmer and his Labour government are utterly out of touch with the British people. What do I mean? Well, for a start, and as I pointed out using some other polling last week, the vast majority of British people —73%—say they want what Keir Starmer an...

Starmer drops attempt to sign Chagos deal before Trump return

Decision means deal to hand islands to Mauritius could collapse if president-elect opposes it after taking office Daily Telegraph 15/01/25 Link Sir Keir Starmer has ditched attempts to get his Chagos Islands deal signed before Donald Trump takes office next week. Downing Street has confirmed that the Prime Minister will not sign off on an agreement until the president-elect has looked it over. The announcement means the pact could collapse altogether if the Trump administration decides to formally oppose it. Sir Keir’s spokesman said on Wednesday: “We will only agree to a deal that is in the UK’s best interests and protects our national security. It is obviously now right that the new US administration has the chance to consider this and discuss this once they are in office.” Asked whether this meant the UK would not sign a deal before Mr Trump’s inauguration on Monday, he replied: “You can take from what I have just said.” Downing Street suggested that while Mr Trump would be able to ...

Labour’s holier-than-thou posturing is well and truly finished

Tulip Siddiq’s resignation was long overdue, but Starmer will now struggle to virtue-signal like he did last summer Daily Telegraph  14/01/25 Link Tulip Siddiq has left the Government. In other news, the Pope remains Catholic, and bears are using woods as their personal lavatories.  Choosing a corruption minister with transparency troubles as to her links with her aunt Sheikh Hasina’s ousted Bangladesh regime was a novel approach by Keir Starmer to refute suggestions his appointments lacked experience of their briefs. But even if she has not breached the ministerial code, she was doomed from the moment she was placed under an ethics investigation.  Under her aunt’s rule in Bangladesh, economic mismanagement and extra judicial killings were married to rampant corruption, with the equivalent of $150 billion thought to have been smuggled out of the country. After the fall of Hasina’s government in a mass uprising last year, Bangladesh’s new leaders were unsurprisingly keen t...

The only way forward for Reeves is to turn back

With the preceding government Conservative in name only, the Chancellor has little time to change course Daily Telegraph Link We can all recall the episode when the collapse of confidence in the gilt and foreign exchange markets in 2022 forced the then Prime Minister, Liz Truss, to change course. The consequences of these events drove her from power. Although not yet on the same scale, something similar appears to be happening in the markets now. Since the beginning of December, the yield on 10-year gilts is up from 4.2pc to 4.8pc. To put things in perspective, the yield on 30-year gilts last week hit 5.4pc, the highest since 1998, when Gordon Brown was chancellor. So far, in contrast to the Truss episode, when the exchange rate briefly touched a low of $1.03, the pound has fallen just a tad. Lest you should think that this is simply a reflection of dollar strength, though, the pound is also down a bit against the euro and the Swiss franc. Is it Rachel Reeves’s Budget last October that...

Rachel Reeves can run – but her fate is sealed

The Chancellor’s decision to fly to China while bond markets turn on Britain is symptomatic of a much larger problem Daily Telegraph Link The Chancellor will be in China this weekend. After that, Rachel Reeves will be in Davos, lecturing the global elite about how “stability” has made the UK a great place to invest. She seems, perhaps understandably, keen to spend as much time outside Britain as possible. And yet, as the fiscal crisis grows, the simple truth is this: she can run, but she can’t escape her fate now. The disastrous fallout from her misjudged Budget means Reeves is a liability, and very soon the attention will turn to who Sir Keir Starmer, the Prime Minister, can appoint to restore calm to the markets. It has been a terrible week for Reeves. The bond markets have turned decisively against the UK, sending the yield on 10-year gilts to the highest level since the financial crash of 2008, and on 30-year gilts to the highest level since the 1990s. Investors have looked at her ...