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Michael Simmons

Michael Simmons

The Spectator

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Why is Rachel Reeves flirting with rent controls?

Rachel Reeves may have lost the plot. The Guardian reports that the Chancellor is considering a one-year rent freeze on private-sector flats and...

previous day 6

The Spectator

Michael Simmons

The Iran war hits inflation

The Iran war is being felt in Britain’s economy. Figures just released by the Office for National Statistics (ONS) show inflation rose to 3.3 per...

22.04.2026 10

The Spectator

Michael Simmons

Unemployment has fallen – but not in a good way

On the face of it, the Office for National Statistics (ONS) have just released great news on unemployment. The rate – against all expectations –...

21.04.2026 10

The Spectator

Michael Simmons

Britain’s economy is growing – but not for long

It must be bittersweet being Rachel Reeves. Figures just released by the Office for National Statistics (ONS) show the economy grew by 0.5 per cent in...

16.04.2026 10

The Spectator

Michael Simmons

The IMF growth downgrade is more bad news for Rachel Reeves

Rachel Reeves lands in Washington tonight to be greeted with bad news. The International Monetary Fund (IMF) – whose spring meeting the Chancellor...

14.04.2026 10

The Spectator

Michael Simmons

Benefits treats: how Britain became a freeloader’s paradise

Plastered around Westminster this Easter were adverts for the Tower of London. ‘The perfect place for troublemakers – pre-book now,’ the poster...

09.04.2026 10

The Spectator

Michael Simmons

Reeves’s energy bailout risks solidifying Britain’s welfare trap

This week Rachel Reeves ruled out a blanket energy bailout to manage the fallout from the Iran war. That’s the right approach. But her targeting of...

27.03.2026 10

The Spectator

Michael Simmons

Why is Britain so ill-equipped to deal with economic shocks?

The Organisation for Economic Co-operation and Development (OECD) has just confirmed what we already knew: Britain will be hit harder than almost...

26.03.2026 10

The Spectator

Michael Simmons

Inflation stalls before the energy shock hits

Prices rose by 3 per cent last month – the same rate as the month before. Figures just released by the Office for National Statistics (ONS) show...

25.03.2026 10

The Spectator

Michael Simmons

Britain’s borrowing splurge is not sustainable

After a record tax take and surplus in January, normal service has resumed. Britain experienced its second-largest February borrowing splurge since...

20.03.2026 20

The Spectator

Michael Simmons

Brace yourself: inflation is coming

In a surprise to no one, the Bank of England’s Monetary Policy Committee (MPC) has voted nine-zero to hold interest rates at 3.75 per cent. The...

19.03.2026 20

The Spectator

Michael Simmons

Britain may have finally turned a corner on jobs

Finally, some good economic news: Britain may have turned a corner on jobs. Figures just released by the Office for National Statistics (ONS) show the...

19.03.2026 10

The Spectator

Michael Simmons

Brace yourselves for a painful year ahead

Figures just released by the Office for National Statistics (ONS) show the economy ground to a halt in January, with no growth recorded. That was...

13.03.2026 10

The Spectator

Michael Simmons

Should Reeves cut fuel duty?

With Donald Trump signalling that he does not want a long war in Iran, markets have started to settle down. Traders are no longer betting on interest...

10.03.2026 10

The Spectator

Michael Simmons

Iran has wrecked Reeves’s cost-of-living promises

Just as Britain’s economy looked to be ‘turning a corner’, it may be about to slam into a wall. The warning signs were obvious last week. On...

09.03.2026 20

The Spectator

Michael Simmons

Energy inflation is the last thing Rachel Reeves needs

A few weeks ago I thought a March interest rates cut was ‘near certain’. Inflation was coming down and Bank of England rate-setters’ concerns...

06.03.2026 20

The Spectator

Michael Simmons

Rachel Reeves’s statement ignored Britain’s biggest problems

Rachel Reeves got what she wanted: an uneventful spring statement. It’s not even leading the homepage of the Financial Times. But that doesn’t...

03.03.2026 30

The Spectator

Michael Simmons

What to expect from Rachel Reeves’s spring statement

Before the first missiles landed in Tehran, Rachel Reeves was looking forward to today. Her spring ‘forecast’ statement was going to be a doddle....

03.03.2026 20

The Spectator

Michael Simmons

‘It’s a Faustian pact’: Rachel Reeves is giving bankers what they want

The Epstein files lift the curtain on how power is exercised and influence traded by our financial elite. It is not a cheering sight. Business and...

26.02.2026 30

The Spectator

Michael Simmons

Former UK ambassador Peter Mandelson arrested

Peter Mandelson, Britain’s short-lived ambassador to the US, has been arrested on suspicion of misconduct in public office.  In a statement to...

24.02.2026 40

The Spectator

Michael Simmons

Peter Mandelson arrested by Met Police

Peter Mandelson, our short-lived ambassador to the US, has been arrested on suspicion of misconduct in public office.  In a statement to journalists,...

23.02.2026 90

The Spectator

Michael Simmons

The dodgy data behind child poverty

Britain is set for another dodgy data scandal. In last Friday’s Reality Check newsletter I picked up on reporting from the Times which called into...

19.02.2026 60

The Spectator

Michael Simmons

Is Reform brave enough to take on the pensions triple lock?

Will any political party ever take on the triple lock? The answer from Reform’s Robert Jenrick yesterday appeared to be no.  At a press conference...

19.02.2026 20

The Spectator

Michael Simmons

Inflation is down – but for how long?

Britain seems to be turning a corner. Figures just released by the Office for National Statistics show the rate of inflation fell to 3 per cent in...

18.02.2026 20

The Spectator

Michael Simmons

Ed Miliband and Andy Burnham’s Britain doesn’t exist

With Sir Keir Starmer’s premiership in perpetual peril, it seems instructive to pay closer attention to his potential successors. On that, there...

13.02.2026 100

The Spectator

Michael Simmons

Is there a silver lining in Britain’s dismal growth figures?

12.02.2026 10

The Spectator

Michael Simmons

Will Keir Starmer jump before he's pushed?

09.02.2026 10

The Spectator

Michael Simmons

The Bank cuts growth prospects by a quarter

05.02.2026 10

The Spectator

Michael Simmons

The Waspis never deserved a payout

29.01.2026 10

The Spectator

Michael Simmons

Under 50? You’re never getting a state pension

24.01.2026 20

The Spectator

Michael Simmons

Why inflation is up again

21.01.2026 10

The Spectator

Michael Simmons

Rachel Reeves: destroyer of jobs

20.01.2026 20

The Spectator

Michael Simmons

Trump applies tariffs to Britain over Greenland

17.01.2026 20

The Spectator

Michael Simmons

Britain’s economy is standing still under Labour

15.01.2026 30

The Spectator

Michael Simmons

The SNP’s Budget was nothing but cynical spin

14.01.2026 20

The Spectator

Michael Simmons

Digital doubts / Compulsory digital ID is dropped

14.01.2026 30

The Spectator

Michael Simmons

Despite the rate cut, inflation remains a danger

18.12.2025 20

The Spectator

Michael Simmons

Rachel Reeves can’t escape blame for rising unemployment

16.12.2025 10

The Spectator

Michael Simmons

How Rachel Reeves shrank the economy

12.12.2025 20

The Spectator

Michael Simmons

Is the superflu really ‘unprecedented’?

11.12.2025 10

The Spectator

Michael Simmons

Labour is now the party of welfare, not work

04.12.2025 20

The Spectator

Michael Simmons

Young people are fleeing Britain

27.11.2025 20

The Spectator

Michael Simmons

Rachel Reeves’s Budget is a shambles

26.11.2025 10

The Spectator

Michael Simmons

How bad will Rachel Reeves’s Budget be?

26.11.2025 20

The Spectator

Michael Simmons

Britain will never clear its debts

21.11.2025 20

The Spectator

Michael Simmons

The greatest threat to the economy? The Employment Rights Bill

20.11.2025 30

The Spectator

Michael Simmons

The net migration debacle is a blunder too far for the ONS

18.11.2025 10

The Spectator

Michael Simmons

Reality Check: Britain’s data is broken

11.11.2025 10

The Spectator

Michael Simmons