Editor's Note: Test Match Special, Lake Como with George Plimpton and Hugh Trevor-Roper's Peterhouse blues

Jason Cowley reviews the current line up on the Test Match Special, remembers a discussion on the greatest essayists with George Plimpton, and speaks at the famously right-wing Peterhouse College in Cambridge.

I had the good fortune to spend a couple of days at the Lord’s Test, during which Australia lived down to expectations by being abjectly defeated in four days. During the Test I listened to BBC Test Match Special (TMS) for the first time in a while, not least because our columnist Ed Smith is now part of the commentary team. There has been some grumbling of late, to the effect that TMS is not what it was in the days of Brian Johnston and Christopher Martin-Jenkins, not forgetting John Arlott, whose gift for poetic phrase-making and resonant rural Hampshire accent complemented so well the high-bourgeois, public-school sensibility of his co-commentators.
 
The main accusation against TMS is that the barbarians have taken over the commentary box. Certainly the range of accents is much more varied – from Henry “Blowers” Blofeld’s pantomime posh and Phil “Tuffers” Tufnell’s Jack the Lad cockney to Geoffrey Boycott’s shouty professional Yorkshirese and Michael Vaughan’s cocky northern demotic – and the scholarly journalists of old, such as the late Martin-Jenkins, are being inexorably replaced by retired professional cricketers.
 
The TMS commentary box used to divide along class lines: public school versus grammar school. Even as a young boy I understood that the Yorkshire journalist and autodidact Don Mosey resented Johnston’s upper-middle class ease and confidence.
 

Johnston tea party

 
Johnston was a Peter Pan-like character, trapped in a kind of perpetual early adolescence (perhaps this was so because he’d seen service during the Second World War). He turned the TMS commentary box into something resembling a prep-school tea party, with its cakes and nicknames, and this tradition has been continued by Jonathan “Aggers” Agnew. He worked under Johnston and has since become a commanding frontman in his own right. His voice is un-affected, he never seems to be under strain and, though he played cricket professionally, if never as successfully as he would have wished, he has a good journalist’s instinct and acumen.
 
The default position of the reactionary through the ages is to lament the decadence of the present moment: change and decay in all around I see. But I enjoyed listening to TMS as much as I ever did. The Australian contributors – Jim Maxwell and the former Test great Glenn McGrath – were first rate and interesting characters kept dropping by: David Cameron, Ed Miliband, Chris Patten and members of the pop band Keane, who sang a couple of numbers. How this variety contrasts with the dour, narrow professionalism of the Sky Sports commentary team. They are former cricketers every one and, with the admirable exception of Mike Atherton, seem to know little of the world beyond the cricket pitch, the golf course and the wine cellar. Listening to them, one thinks of C L R James and his celebrated rhetorical question: what do they know of cricket who only cricket know?
 

Heinz means talks

 
In the late 1990s I was invited to a “conversazione” hosted by the heiress Drue Heinz at her house on Lake Como. Our discussion on the cultural history of the essay was chaired by George Plimpton, the gadfly and belletrist, and among the participants was Paul Johnson. We were asked to talk about a favourite essay. I mentioned E B White’s “Once More to the Lake”, which recounts the rituals of a family summer bathing expedition and ends quite unexpectedly with a chilling reminder of mortality. Johnson chose “Dream-Children”, from Charles Lamb’s Essays of Elia (1823), in which the author wistfully and poignantly addresses the children he would never have.
 
I was reminded of the Lake Como conversazione as I was editing and making selections for The New Statesman Century, a 250-page collector’s edition of the magazine, featuring some of the best and boldest writing we have published over the past 100 years. Included in the volume are some of our finest essayists and political writers, Christopher Hitchens, George Orwell, Virginia Woolf, Bertrand Russell, J B Priestley and John Maynard Keynes. Don’t miss it.
 

Scrapbook from Peterhouse

 
I was a recent guest speaker at the annual dinner of the Peterhouse Politics Society. Peterhouse is the oldest and smallest of the Cambridge colleges and it has a strange, conspiratorial atmosphere. It was also until recently the most conservative of the colleges, and it was there that the “Peterhouse Right” flourished under the historian Herbert Butterfield, master from 1955-68, and then Maurice Cowling. Cowling was chief among those who led the internal resistance to Hugh Trevor-Roper when he was master (1980- 87). It was during this period that Trevor-Roper was humiliated for his blundering role in the so-called Hitler Diaries debacle, which delighted his detractors.
 
I began my after-dinner speech by reminding guests, who included the present master, Professor Adrian Dixon, that my name was Cowley and not Cowling, and that I worked at the New Statesman and not the Spectator, whose books pages Cowling once edited. I mocked old Peterhouse’s reputation for abrasive illiberalism and vicious infighting, and ended by reciting a limerick about Trevor-Roper (aka Lord Dacre), for which I am grateful to Vernon Bogdanor:
 
There once was a fellow called Dacre,
Who was God in his own little acre,
But in the matter of diaries,
He was quite ultra vires
And unable to spot an old faker.
 

Brit of a joke

 
Does anyone seriously believe that Chris Froome, winner of this year’s Tour de France, is British? He was born in Kenya, was educated in South Africa and lives in Monaco. If he lived and paid tax in Britain, I might accept his claim to British nationality more easily. As things stand, he should get on his bike and stay on it.
 
Correction: this article originally stated that Don Mosey was a Lancastrian - this was incorrect and the piece has been amended accordingly.
Test Match Special hosts Geoffery Boycott and Jonathan "Aggers" Agnew. Photograph: Getty Images.

Jason Cowley is editor of the New Statesman. He has been the editor of Granta, a senior editor at the Observer and a staff writer at the Times.

This article first appeared in the 29 July 2013 issue of the New Statesman, Summer Double Issue

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I was wrong about Help to Buy - but I'm still glad it's gone

As a mortgage journalist in 2013, I was deeply sceptical of the guarantee scheme. 

If you just read the headlines about Help to Buy, you could be under the impression that Theresa May has just axed an important scheme for first-time buyers. If you're on the left, you might conclude that she is on a mission to make life worse for ordinary working people. If you just enjoy blue-on-blue action, it's a swipe at the Chancellor she sacked, George Osborne.

Except it's none of those things. Help to Buy mortgage guarantee scheme is a policy that actually worked pretty well - despite the concerns of financial journalists including me - and has served its purpose.

When Osborne first announced Help to Buy in 2013, it was controversial. Mortgage journalists, such as I was at the time, were still mopping up news from the financial crisis. We were still writing up reports about the toxic loan books that had brought the banks crashing down. The idea of the Government promising to bail out mortgage borrowers seemed the height of recklessness.

But the Government always intended Help to Buy mortgage guarantee to act as a stimulus, not a long-term solution. From the beginning, it had an end date - 31 December 2016. The idea was to encourage big banks to start lending again.

So far, the record of Help to Buy has been pretty good. A first-time buyer in 2013 with a 5 per cent deposit had 56 mortgage products to choose from - not much when you consider some of those products would have been ridiculously expensive or would come with many strings attached. By 2016, according to Moneyfacts, first-time buyers had 271 products to choose from, nearly a five-fold increase

Over the same period, financial regulators have introduced much tougher mortgage affordability rules. First-time buyers can be expected to be interrogated about their income, their little luxuries and how they would cope if interest rates rose (contrary to our expectations in 2013, the Bank of England base rate has actually fallen). 

A criticism that still rings true, however, is that the mortgage guarantee scheme only helps boost demand for properties, while doing nothing about the lack of housing supply. Unlike its sister scheme, the Help to Buy equity loan scheme, there is no incentive for property companies to build more homes. According to FullFact, there were just 112,000 homes being built in England and Wales in 2010. By 2015, that had increased, but only to a mere 149,000.

This lack of supply helps to prop up house prices - one of the factors making it so difficult to get on the housing ladder in the first place. In July, the average house price in England was £233,000. This means a first-time buyer with a 5 per cent deposit of £11,650 would still need to be earning nearly £50,000 to meet most mortgage affordability criteria. In other words, the Help to Buy mortgage guarantee is targeted squarely at the middle class.

The Government plans to maintain the Help to Buy equity loan scheme, which is restricted to new builds, and the Help to Buy ISA, which rewards savers at a time of low interest rates. As for Help to Buy mortgage guarantee, the scheme may be dead, but so long as high street banks are offering 95 per cent mortgages, its effects are still with us.