Mayor-elect Zohran Mamdani showed wisdom in asking Jessica Tisch to remain police commissioner, and her decision to stay offers much hope for the city.
A fixation on reducing numbers leaves no room for rational discussion of what that means for the economy and society
British political debate has long been dominated by public anxiety about rising levels of immigration. How might that change if the population tide were to turn? Not at all, would appear to be the answer. Net migration has in fact been falling since before Labour came to power last July, and yet there has been no end of demand for ever tighter controls and no end of government acquiescence.
New figures published this week by the Office for National Statistics (ONS), adjusting historical data for methodological changes, show that net migration was 944,000 for the year ending March 2023 – about 40,000 higher than had previously been thought. The drop since then has also been steeper. The number for the year ending December 2024 is now thought to be 345,000 – lower than the earlier count by 86,000.
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Whether by leveraging Russia’s frozen assets, or other means, the EU must deliver the cash necessary to withstand Putin’s war of attrition
In the early part of this year, as the US vice-president, JD Vance, berated European leaders in Munich, and Volodymyr Zelenskyy was subjected to a televised mauling in the White House, it became starkly apparent that the bonds of solidarity between the European Union and Ukraine would need to be strengthened to cope with a new geopolitical reality. As 2025 draws to a close, a moment of reckoning has arrived.
According to EU estimates, Ukraine will need more than €70bn in extra financial assistance next year to keep defending itself against Vladimir Putin. That money won’t be coming from Washington, where Donald Trump has refused to seek new funding for military aid from Congress. Yet Kyiv’s ability to negotiate an acceptable peace depends on its capacity to withstand Mr Putin’s relentless war of attrition, which is designed to drain Ukraine of the resources necessary to resist, and to weaken the resolve of its European allies.
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The bitcoin collapse lifts the lid on a society without opportunity, where risk is privatised and rightwingers sell illusions of freedom while ordinary punters bear losses
The crypto crash has come again. And it is as brutal as ever. In barely six weeks, more than $1.2tn has evaporated from cryptocurrencies’ market capitalisation. The sell-off has sent bitcoin back to levels last seen in April. The world’s largest cryptocurrency briefly fell below $90,000 this week, shedding almost a third of its value since its October peak.
The key to understanding crypto is that it has no “value” in any economic sense. It generates no income, commands no productive capacity and pays no dividends. Unlike state money, it is not backed by a tax base or a fiscal authority. What props up its price is not cashflow but expectation: the hope that someone else will validate today’s valuation tomorrow. When sentiment turns sour or people pull their money out, there is nothing to break cryptocurrencies’ fall. Prices don’t correct, they collapse. In 2023, MPs rightly said that cryptocurrency trading in the UK should be regulated as a form of gambling – a demand rejected by the then Tory government.
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If the promise of a better private rental sector is to be realised, councils will need new staff as well as stricter rules
Tenants need rights. Apart from food and water, shelter is the most basic human need and relevant to almost everyone all the time – unlike, say, healthcare, which most people do not use on a daily basis. A rebalancing of the law towards renters and away from landlords, which the government has done in its Renters’ Rights Act, was sorely needed. Failures and abuses of power have been ignored for too long.
With no-fault evictions outlawed from next May, and tougher oversight from a new ombudsman to follow, life should be about to get better for England’s 4.6m households in the private rental sector. But will it? Troubling analysis by the Guardian shows that two-thirds of councils in England have not prosecuted a single landlord in the past three years, while nearly half didn’t issue any fines either. Over the same period, fewer than 2% of complaints led to enforcement of any kind. Just 16 landlords were banned from letting homes – a shockingly low number, given the volume of complaints and what has been revealed about the sector by the worst scandals.
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Defense Secretary Pete Hegseth recently warned that America faces a “1939 moment” — a “moment of mounting urgency,” cheers The Wall Street Journal’s editorial board, which hopes this “translates into fixing how the US military fields equipment.”
Editorial: Many are rightly uneasy about the home secretary’s draconian proposals for migration – but if overhauling our policy is what it takes to restore faith in the asylum system, Britain will be richer for it
High schools across New York every year graduate kids who can barely read or do basic math, yet the state Board of Regents are adding a new "climate science" requirement.
Editorial: With Labour in turmoil and the Budget still more than a week away, the resurgence of the prime minister’s former deputy adds further complication that Keir Starmer could do without
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