'The talented and hard-working have nothing to fear," says Dominic Raab, Conservative MP for Esher and Walton, with just the faintest hint of menace. It is an airless, lazy day in mid-August. The House of Commons cafe is half-deserted. But Raab, firm-jawed, slightly gaunt and a rising star of the Tory right, is spending the parliamentary recess in the traditional manner of ambitious politicians: using the Westminster news vacuum to attract attention to himself and his ideas. Wearing jeans, the 38-year-old backbencher is talking – warily – about transforming the British workplace. He thinks current employment law offers "excessive protections" to workers. "People who are coasting – it should be easier to let them go, to give the unemployed a chance. It is a delicate balancing act, but it should be decided in favour of the latter." Last Friday, a leaked fragment from a book co-written by Raab and four other Conservative MPs, Britannia Unchained: Global Lessons for … [Read more...] about Britannia Unchained: the rise of the new Tory right
Themes brave new world
The end of the year is the right time for a retrospective of the main economic movements from 2018. Christopher Dembik, macro-strategies director at Saxo Bank, has put them all together to review what we have done in 2018 and what we can expect in 2019. Short-term gains are often the cause of long-term problems With a massive fiscal stimulus and financial deregulation, the US administration has revived the economy – growth for GDP and wages is above 3 percent – but that was done at the price of more imbalances. Trump’s burgeoning deficit is approaching USD 1 trillion on a 12-month rolling time-frame, an unprecedented level in a period of strong growth, and this is happening while financial risks have been on the rise (especially US corporate debt). All that makes us fear that the end of the business cycle will be quite complicated. The main risk is that the USA will not be able to implement a counter-cyclical fiscal policy when such a move is most needed. The trade … [Read more...] about 2019 Macro outlook: Brave new economic world
Nigel Jones 29 September 2018 9:00 AM 29 September 2018 9:00 AM Share Twitter Facebook LinkedIn Email Whatsapp Roller-Coaster: Europe 1950–2017 Ian KershawAllen Lane, pp.614, £30 When I reviewed the first volume of Sir Ian Kershaw’s wrist-breaking history of the last 100 years of Europe, To Hell and Back, in these pages exactly three years ago, I compared our continent in 1945 to a punch-drunk boxer rising from the canvas with both eyes blacked. How, I wondered, would Kershaw handle the battered old bruiser coping with a not-so-brave new world in which he was no longer the undisputed champ? The image of the wounded fighter, I think, was apt, for the red thread running through Europe in the first half of the century, as Kershaw rightly saw, was violence. States waged catastrophic war on each other and on their own citizens. Belonging to the ‘wrong’ race, religion, or political persuasion could mean imprisonment, torture and violent … [Read more...] about Ian Kershaw recounts Europe’s recovery from WWII – have the good times run their course?
Almost 200 Hartlepool primary school children will join forces with professional actors and veterans to stage a major new theatre performance to mark the 100th anniversary of end of fighting in the First World War. A cast of over 300 will take part in the production called Honoured which will combine theatre with specially written music and songs at the Borough Hall on the Headland on Wednesday, October 24, and Thursday, October 25. The show is the creation of Enter CIC, a County Durham-based professional theatre company and social enterprise which has extensive experience of working with primary schools to help children build their skills and develop as positive and proactive members of society.Over the past couple of months it has been carrying out First World War-related workshops with 1,500 pupils from primary schools across Hartlepool.From those, almost 200 children from Barnard Grove, Brougham, Eldon Grove, Grange, Sacred Heart, St Helen’s, St John Vianney, St … [Read more...] about Hartlepool children to star in major new theatre show to remember First World War sacrifice
Legoland's annual Halloween event, Brick or Treat , returns this October featuring a spectacular 3D Lego themed fireworks and a new Brick or Treat Trail. The spooky event takes place from October 18 until November 2, during school half term and in the lead up to Bonfire Night . At the weekends (October 20-21, 26-27 and November 2) the skies over the Windsor theme park will light up with a truly spectacular 3D fireworks display, inspired by the magical world of Lego. Choreographed to a dynamic soundtrack, visitors will have to wear Lego 3D glasses to see the fireworks explode into thousands of tiny Lego bricks. The display will be spectacular even without 3D glasses and appears as a normal fireworks display. The glasses are different to those used in a cinema and use a "diffraction grating" to split up the light from the fireworks into different beams, creating brick shapes. Plus, this year Legoland is calling for the help of brave little ones to follow a new Brick or Treat Trail … [Read more...] about Watch 3D Lego themed fireworks at Legoland this Halloween