Opinionomics: must-read analysis and comment

Featuring high tax, high art and high interest rates.

1. Gordon Brown is nowhere, yet everywhere (Independent)

Without acknowledgement from either side, it is Brown's rulebook that persists, writes Steve Richards.

2. How business can bypass banks (BBC)

A wonkish piece from Robert Peston, looking at one easy way to boost lending to small and medium enterprises: letting them borrow against invoices from big businesses.

3. Would a Higher Top Tax Rate Raise Revenues? (New York Times)

Bruce Bartlett presents an American angle on a question that has been asked in Britain for a while.

4. Auction-house opacity datapoint of the day (Reuters)

A bizarre piece of misdirection from the world of fine art becomes an enlightening microeconomic case-study for Felix Salmon.

5. A century of gilt (FT alphaville)

Joseph Cotterill goes into depth on the Chancellor's plan to sell 100-year bonds.

Gordon Brown's rulebook persists in Westminster today. Credit: Getty

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

Photo: Getty
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Commons Confidential: George Osborne puffs away

Your weekly dose of gossip from around Westminster.

The Tory bouncer Iain Duncan Smith is licking his wounds after Labour’s sisterhood reclaimed the blokey bar of the House. The former army captain liked to glower at opponents with a gang of men by the line opposite the Speaker’s chair.

Before the summer recess, the front row was occupied by the MPs Jo Stevens, Tracy Brabin, Cat Smith and Yasmin Qureshi, who refused to budge when IDS tried to push through. Labour is determined to make life uncomfortable for the majority-less Tories.

Signs of Ukip’s tentacles extending into the tragic Charlie Gard case include the press officer Gawain Towler using the party’s official email account to distribute “for a friend” campaign statements. Meanwhile, the defeated parliamentary candidate Alasdair Seton-Marsden has surfaced as a spokesman. He is accused by TV news shows of tricky behaviour and of trying to exploit the tragedy. His big idea was to have Nigel Farage interview the parents. Ukip likes to keep everything in its own family.

The baronet’s son George Osborne – the vengeful sacked chancellor pretending that everything from Brexit to pay caps has nowt to do with him, now that he edits a London free sheet – is a secret smoker. My snout whispers that the Chancer favours Vogue Menthol, an appropriately upmarket brand of cigarette. He was always too grand for fags.

Many Labour MPs are reluctant to sit on select committees. An internal report from the Parliamentary Labour Party identifies one vacancy on science, two on public administration, Wales and petitions, plus three on environment.

The list shows Keith Vaz switching from justice to international trade. Jim the washing machine salesman would doubtless approve.

Parliament’s expensive programme to protect MPs after the assassination of Jo Cox isn’t going entirely to plan. Workers installing an intruder alarm at an MP’s home in northern England apparently caused £1,400 of damage drilling through a water pipe. The company responsible should brace itself for questions about subcontracting and unskilled labour.

The Tory right-whinger Peter “dry as a” Bone spent four nights on an inflatable mattress in a room next to the private bill office to table a forest of draft legislation that, fortunately, has no chance of becoming law. Mrs Bone probably enjoyed the break.

The party’s over for the SNP, with the Nats abandoning parliament’s Sports and Social Bar since losing 21 seats in June. Westminster staff celebrated with a drink. SNP MPs cheering for whichever country played England was an own goal. 

Kevin Maguire is the associate editor (politics) of the Daily Mirror

Kevin Maguire is Associate Editor (Politics) on the Daily Mirror and author of our Commons Confidential column on the high politics and low life in Westminster. An award-winning journalist, he is in frequent demand on television and radio and co-authored a book on great parliamentary scandals. He was formerly Chief Reporter on the Guardian and Labour Correspondent on the Daily Telegraph.

This article first appeared in the 27 July 2017 issue of the New Statesman, Summer double issue