Liz Truss has cancelled plans to scrap the top 45p tax rate. The "humiliating" U-turn just 10 days after the policy was announced is largely down to Tory MPs, says Katy Balls in The Spectator: a growing number were saying quite openly that they simply wouldn't vote for it. Brazil's "acrimonious" presidential race will go to a second round of voting later this month, says The Guardian. Former left-wing president Luiz Inácio Lula da Silva failed yesterday to secure a first-round majority against populist incumbent Jair Bolsonaro, who has "hinted he will not leave office if defeated". Burgers can help fight depression, says the Daily Star, because beef is rich in brain-boosting nutrients such as iron and zinc. "No wonder we're lovin' it." |
Kwarteng and Truss at the Tory party conference yesterday. Leon Neal/Getty |
"The only sort of leader more dangerous than the rogue the UK used to have is the zealot it has now," says Martin Wolf in the FT. It's ironic. Die-hard free marketeers like Liz Truss and Kwasi Kwarteng see "the market" as a god – but the actual markets have rebuffed them, with investors fleeing sterling and UK government bonds. Truss's "growth plan" is like a magical potion – she says "abracadabra" and suddenly we have 2.5% annual growth. "Such dreams might be amusing if they were not so perilous." |
And even if they were successful, what good would they do? Oxford Economics, a consultancy, estimates that Truss's plan might deliver a meagre 0.4% growth – in five years' time. "The mountain labours and brings forth a mouse." In reality, this is not a growth plan but a plan for inequality and insecurity. It will reinforce the government's desire to cut welfare and public services, which would benefit the rich at the expense of the poor in the middle of a cost-of-living crisis. The Tories, as one commentator puts it, "have become unmoored from the British people". They have also savaged the credibility of UK institutions – institutions which are the "bulwark" of our civilisation. The Conservative Party used to understand this. No longer. "These people are mad, bad and dangerous. They have to go." |
🤦♀️🎩 "I knew Truss would be bad," says Rod Liddle in The Sunday Times, "but I didn't imagine she'd be this bad." Listening to her interviews, you realise there's simply nothing there: no real understanding of economics or of politics. "Why couldn't she have stayed in the Lib Dems?" For if the Tories have any consolation, "it is that Truss is quite clearly not one of them. She is a Mad Hatter's Tea Party libertarian who is seemingly incapable of distinguishing between the asinine shibboleths of her creed and real life, where things happen differently." |
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Artist Sam Cox, better known as Mr Doodle, has covered every inch of his £1.35m Kent mansion with cartoonish drawings. The sped-up video showing each surface being graffitied – including the television, ceilings, hob and bath – has racked up 4.5 million views on Twitter. Watch it in full here. |
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Andrew Edmunds, the Soho restaurateur and members' club owner who died last month, was a stickler about food, says Harry Mount in The Oldie. He was once found in his restaurant's kitchen crying, his head buried in a bin. "They don't know anything," he sobbed, in reference to guests who had just eaten langoustine for lunch. "They didn't eat the brains," he said, picking the spindly crustaceans out of the bin and sucking away at them. "That's the best bit." |
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John le Carré was "absolutely legendary" in bed, according to his long-term mistress. Suleika Dawson (pictured), who had affairs with the married spy novelist from 1983 to 1985 and in 1999, recounts their trysts in some detail in her new memoir, The Secret Heart. It was "sex for the gods", she writes: they would get it on three or four times a day, and even when le Carré was nearing 70 he could last for five hours. The writer liked to give their assignations a clandestine flourish: trips abroad would be paid for by a "reptile fund", spook lingo for an untraceable bank account used for secret missions. | A Soviet nuclear test in 1961 |
Are things as bad as they seem? |
Back in the summer, says Niall Ferguson in Bloomberg, I asked former US treasury secretary Larry Summers just how bad the global economic and political situation was going to get. "Events are 75% bad," he replied. "Trends are 75% good." This echoes the view of Harvard psychologist Steven Pinker that things are never so bad as they seem in the papers. "Journalism by its very nature hides progress," says Pinker, "because it presents sudden events rather than gradual trends." "If it bleeds, it leads" is an old newsroom adage for good reason. But, says Pinker, "human progress is an empirical fact". |
I'm not so sure. The planet keeps getting warmer and the world's population keeps growing, especially in Africa – a recipe for "famine, conflict and mass migration". Geopolitically, we have entered a dangerous era of superpower rivalry, from the proxy war in Ukraine to the risk of "full-blown nuclear Armageddon" over Taiwan. Meanwhile 37 countries now have double-digit inflation, and the "energy-price shock" shows no sign of fading. The Summers-Pinker view might have been plausible in the relatively peaceful and prosperous period between Cold War I and Cold War II, but "that period is now clearly over". The one consolation is that the world's bad guys are having a tough time of it. Vladimir Putin's war has "descended into farce", the Chinese Communist Party faces "dire demographic trends" and a "latent financial crisis", and Iran is "on the brink of revolt". Even "with the life expectancy of a Glaswegian born in 1964", I believe I shall live to see all three regimes collapse. |
Unorthodox cyclists sometimes adopt the "plank" position to minimise wind resistance and sail past their competitors. A video of Italian Michael Guerra pulling the trick has resurfaced on Twitter, gaining nearly 18 million views. As one user commented, the technique "has the additional advantage of demoralising the opposition by making it look like he's taking the piss". |
First-class carriages on commuter trains, which are so underused that rail companies are getting rid of them. Southeastern is axing the service altogether after it emerged that just 28 of its passengers forked out for a first-class season ticket, says The Sunday Telegraph. Several other operators have already phased out first-class carriages on local routes, including Greater Anglia, Northern, and Great Western Railway. |
It's Optimus, a humanoid robot developed by Tesla. The man-shaped machine was unveiled by Elon Musk on Friday, with the tech billionaire claiming it will be available to purchase for less than $20,000 in three to five years. Optimus is designed to perform tasks like watering plants and carrying boxes, but at the launch event it did little more than walk slowly out on stage and wave at the audience. "The robot can actually do a lot more than we just showed you," Musk reassured the crowd. "We just didn't want it to fall on its face." |
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"Everyone has a plan until they get punched in the mouth." Mike Tyson |
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