British politics has taken a turn for the worse of late, but let’s not forget its settled, normal status is weird. Last week’s Queen’s speech – the outline of “her” government’s legislative programme for the coming year – is a case in point. In the thinnest of gruel, which we will come to sift through for juicy morsels shortly, we had the bizarre spectacle of a 15th century relic promising spaceports, autonomous cars, and more drones. I’m not sure this is what old Trotters had in mind when he wrote about combined and uneven development. Weird.
The mainstream have had all afternoon to pore over the speech and the jolly Commons back-and-forth about it. Everyone knows it’s a slim document so Dave can concentrate on the EU referendum, so push a few eye-catching, future-facing, and largely uncontroversial policies to the front and spend the rest of them time thinking of ways of scaring people to vote remain. Continue reading



Arguably the most important bill in a weak and flaccid Queen’s Speech today is the Banking Bill. But it is a fiasco. It has one central objective – to prevent too-big-to fail banks from being bankrupted by the recklessness of their investment bankers and requiring another gargantuan bail-out at ruinous cost to taxpayers and deep and prolonged recession to the economy.