Recent Comment

We should be preparing for a Russian gas shut-off

We should be preparing for a Russian gas shut-off

Over the weekend, long-held policy positions fell like dominoes in Berlin. Having already blocked his country’s Nord Stream 2 pipeline from Russia, Olaf Scholz committed to two new Liquefied Natural Gas (LNG) shipping terminals and a review of Germany’s anti-nuclear power policy. He is decoupling his economy from Russian gas.

An Attack on Ukraine and World Order

An Attack on Ukraine and World Order

The world was shocked this week by a barbaric and unprovoked full-scale attack on a sovereign, European and most importantly, peaceful member of the community of nations. Ukraine had already been a victim of Russia’s aggression since 2014. Now the Kremlin wants to finish the job, although its leadership might have severely underestimated the type and strength of the resistance it would meet.

Rees-Mogg will need Johnson’s full backing if he’s to deliver regulatory reform

Rees-Mogg will need Johnson’s full backing if he’s to deliver regulatory reform

All domestic Covid restrictions in England will end today, marking an important milestone as we emerge from an exceptional period of crisis. The macro-economic response to the pandemic understandably focused on damage limitation and maintaining employment, which has had a significant impact on the public finances. The painstaking work of supply-side reform has either taken a backseat or simply been overtaken by events.

The Beijing Winter Olympics and Geopolitics: the Games provide a physical representation of the strategic challenges facing Britain today

The Beijing Winter Olympics and Geopolitics: the Games provide a physical representation of the strategic challenges facing Britain today

When discussing geopolitics sporting events rarely feature in conversation. There are a litany of historic occasions when politics collided with sports on the world stage. More often than not, these momentous occasions are written up in the history books as a force for good. Whether it’s the legendary 1914 Christmas Truce football match in No Man’s Land between opposing German and British troops or since 2016 the Refugee Olympic Team enabling 68.5 million displaced people to be represented by a team competing in the games, international sporting events serve as a reminder of the world’s humanity. Sport has the ability to transcend divisions among nations. International sporting events afford at least a temporary opportunity for countries to put aside their differences, or move on from a troubled history, and engage in a healthy form of competition between world-class athletes representing their nations.

The story behind today’s GDP numbers

The story behind today’s GDP numbers

Winston Churchill used to say that there are lies, damned lies and statistics. His adage could well apply to the GDP statistics released today, which, depending on which number you choose, tell conflicting stories.

The headline GDP number is strong, with the UK economy posting a 7.5 percent growth rate to December, the fastest since ONS records began. It also outstrips other G7 economies. This on its face may sound impressive, but it’s worth reflecting on a few things that mean steering the UK economy will require serious choices in the years ahead.

Will there be a sterling devaluation this year?

Will there be a sterling devaluation this year?

Policies, not parties, is the focus of attention of the foreign exchange markets, as they look at the UK. It raises the question: what will happen to sterling this year?

The thinking at the beginning of the year was that it will strengthen, but more than a handful are worried about how the UK economy will cope with imminent policy tightening, and whether a weaker pound or even a sterling crisis may be the ultimate outcome.

Notice and removal of citizenship: The problem with Clause 9 of the Nationality and Borders Bill

Notice and removal of citizenship: The problem with Clause 9 of the Nationality and Borders Bill

The Nationality and Borders Bill is under fire in the House of Lords.  Some of the criticism is misconceived, as a recent Policy Exchange paper argues.  However, much of the criticism directed at clause 9 of the Bill is warranted.  This clause would make it lawful for the Home Secretary to deprive someone of their British citizenship without notifying them – or even attempting to notify them – of the decision to this effect.  The clause does not change the grounds on which citizenship can be removed and, pace John Major, does not remove the right to appeal against removal, although of course if notice is not given that right of appeal will be difficult to exercise.  Nonetheless, the clause is unjustified and should be removed from the Bill or at least sharply amended. 

Latest Tweets

RT @DrGerardLyons Further pick up of my @Policy_Exchange housing paper in the Daily Mail. thisismoney.co.uk/mo…