Today’s Edition – 20th March 2023​
Slow growth risks making the brewing banking crisis much worse
A combination of rising interest rates and slowing growth are testing the financial system. Have the authorities learned the lessons of 2008?
Slow growth risks making the brewing banking crisis much worse
A combination of rising interest rates and slowing growth are testing the financial system. Have the authorities learned the lessons of 2008?
How ironic that Credit Suisse was the first bank to issue an AT1 – otherwise known as cocos
Anthony Peters
March 20, 2023
The wiping out of the holders of Credit Suisse’s AT1 is to bond markets as seismic an event as the recent earthquake in Syria and Turkey was to its people.
Time for a change: Do the Tories stand a chance against such a potent political motto?
Bruce Anderson
March 20, 2023
Instead of trying to claim that everything is splendid, the Conservatives should immediately concede that many aspects of public life aren’t working well – and that government does not have all the answers.
It’s going to be a long week at Westminster
Mark Fox
March 20, 2023
Everyone in Westminster and the City is waiting nervously to see if we’re going to tumble into another banking crisis.
Mhairi Black accuses Kate Forbes and Ash Regan of using the Donald Trump playbook
The Hound
March 18, 2023
The deputy leader of the SNP group at Westminster has criticised two of the contenders for the party leadership.
Peter Murrell resigns to spend more time with his lawyers
The Hound
March 18, 2023
The chief executive of the SNP quits with immediate effect as the leadership election unravels.
Billy Connolly, the SNP leadership farce and why the case for Scottish independence has collapsed
Iain Martin
March 18, 2023
The Scottish National Party rose to power convincing working class Scots to break with England. As the party disintegrates, global events make ending the Union look ever more implausible,
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Columnists
Forget the Budget bombast – to become a tech superpower, Britain must get the basics right
The country still punches well above its weight when it comes to technology and innovation – but it could be doing better.
SVB was a bank run waiting to happen
Neil Collins’ Notebook: Long-dated government bonds turn out to be far from risk-free and John Lewis’ business model loses its sheen.
Putin’s plans to destabilise Moldova are ramping up
The Kremlin knows that it doesn’t have to cross the border into the ex-Soviet state in order to take control.
Cocaine Bear’s Oscars snub is puzzling: it’s a parable for our times
The B-movie’s omission from the nominations list is odd when you consider how closely it mirrors our ludicrous media landscape.
It’s time to break up the BBC and sell it off
It will never happen, claim apologists for the Corporation and faint-hearts among the public. They said the same about Brexit.
Don’t fire Lineker – abolish the licence fee instead
A direct public subsidy to create a TV station for news, current affairs in general and the arts would renew a BBC in the steps of the Reithian legacy.
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Weekend
French Letter: Bretons look to the future with a healthy scepticismÂ
Walter Ellis
March 18, 2023
Viewed from central Brittany, everything that isn’t local is far away and of only passing interest.
Wagner’s Lohengrin at the Met goes far beyond the famous swan
Gerald Malone
March 18, 2023
The score of Lohengrin is a supreme achievement, staking out the territory for Romantic music to follow.
Word Watch: Accession
Andrew Wilton
March 18, 2023
A monarch succeeds his or her predecessor and accedes to the throne, a process called accession, not ascension.
Bernie Sanders’ blueprint for the United Socialist States of America
Rainer Zitelmann
March 14, 2023
Sanders’ radical new book proves once and for all that he is far more than just a European-style social democrat.
Let titles stay with the Royals and out of politics
Adam Boulton
March 11, 2023
Prince Edward is taking over from his father as Duke of Edinburgh – this is as far as the British honours system should go
Mhairi Black accuses Kate Forbes and Ash Regan of using the Donald Trump playbook
The deputy leader of the SNP group at Westminster has criticised two of the contenders for the party leadership.
World
The final battle: Macron goes for broke on retirement at 64
The Hound
March 16, 2023
The French President is forcing through his highly controversial pensions bill – and the Left is apoplectic.
Are SNP leadership candidates afraid of a rigged vote?
The Hound
March 16, 2023
Kate Forbes’ demand for her party to bring in an independent watchdog to oversee the leadership vote has drawn attention to the opaque workings of the SNP’s headquarters.
SNP leadership contenders declare war on SNP over party’s refusal to publish number of voters
The Hound
March 15, 2023
The three hopefuls are up in arms at the SNP’s lack of transparency.
SNP rivals go easy on the infighting in final TV debate
The Hound
March 15, 2023
In last night’s BBC debate, Kate Forbes insisted it would be her “privilege” to support Humza Yousaf if he is chosen as First Minister, despite declaring him unfit to govern just a week ago.
Peacemaker China trying to split the West
Mattie Brignal
March 15, 2023
China has already brokered a détente in the Middle East. Can it do the same for Ukraine?
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