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Subject: Evening Blend: How Andy Burnham is defining himself
From: "Isabel Hardman" <daily@spectator.co.uk>
To: "neil@itpartnership.com" <neil@itpartnership.com>
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=E2=80=8C =
=
=
How Andy Burnham is defining himself
by Isabel Hardman
Andy Burnham has spent this week talking about subjects that are largely di=
sconnected from one another: social care, technical education, defence spen=
ding and, today, devolution of income tax revenue to mayors. Running throug=
h most of the announcements =E2=80=93 aside from defence spending =E2=80=93=
is a personal interest on the part of the new Prime Minister. Another them=
e that unites them all is that he hasn=E2=80=99t actually announced as much=
as the fanfare has suggested. But the most important takeaway from this we=
ek is not so much the policy detail of what Burnham wants to do, but how he=
wants to define himself.
Unlike Keir Starmer, who largely launched his premiership with a long warni=
ng that =E2=80=98this is going to hurt=E2=80=99 without any sense of how th=
ings might get better afterwards, Burnham has been trying to give a feeling=
of purpose and energy around specific changes that he thinks will improve =
Britain. The painful stuff will still have to come, but he is hoping that t=
he public will be feeling as though that=E2=80=99s a necessary stage on the=
way to the improvements, rather than pain for pain=E2=80=99s sake, as they=
seem to have viewed the Starmer premiership.
Today=E2=80=99s announcement was on Burnham=E2=80=99s most familiar turf: d=
evolution. As with all the announcements he has made so far, we have yet to=
see the full details or indeed the trade-offs enabling the policy, and we =
won=E2=80=99t find out until the Budget, which has been set for 28 October.=
But what we know so far is that mayors will get a share of the income tax =
and business rates raised in their area, allowing communities to =E2=80=98d=
irectly benefit when their economy grows=E2=80=99. The flip side of this is=
, of course, that if a local area isn=E2=80=99t growing, then things start =
to feel even tighter. Ross Clark examines that problem here [https://spec=
tator.com/article/why-burnhams-levelling-up-drive-is-sure-to-backfire/], ar=
guing that it is a continuation of what Burnham did in Manchester, but only=
to the benefit of the wealthy centre and the disadvantage of areas like Ol=
dham.
Most mayors are happy enough with what they=E2=80=99ve been told so far. So=
me want more, unsurprisingly. Ben Houchen, Conservative mayor of Tees Valle=
y, is a fan, but has said that he would also use the money to =E2=80=98crea=
te a rebate scheme to put money back into people=E2=80=99s pockets and let =
families keep more of the money they earn=E2=80=99. That=E2=80=99s not curr=
ently possible, and Burnham said today that =E2=80=98this is not about maki=
ng [mayors] mini-Chancellors of the Exchequer, undermining or rewriting a =
policy on tax and personal finance=E2=80=99. Funnily enough, given Burnham =
is already being branded =E2=80=98anti-London=E2=80=99, Sadiq Khan has been=
rather less excited about it all. Indeed, seeing as Burnham has long-defin=
ed himself as someone more comfortable out of the capital than in it, anoth=
er defining aspect of his premiership is surely going to be a long and poss=
ibly quite exhausting debate about whether he wants London to shrink to dri=
ve other cities =E2=80=93 or whether he really believes that everyone is go=
ing to flourish as a result of his changes. Either way, he has managed to s=
tart his time in office with much more debate about what he plans to do, ra=
ther than what he wants to take away =E2=80=93 for now, anyway.
Explore the Spectator Club
We are joining forces with Boisdale to restore the charm and fun of Beaujol=
ais Nouveau Day to the UK=E2=80=99s vinous calendar, in partnership with th=
e legendary wine producer Pardon et Fils. Spectator business editor Martin =
Vander Weyer and Boisdale founder Ranald Macdonald will host a five-course =
lunch, during which you will enjoy three Beaujolais Nouveau 2026 wines, alo=
ng with four outstanding Pardon et Fils Cru Beaujolais.
learn more [https://club.spectator.co.uk/events/boisdale-the-spectator-bea=
ujolais-nouveau-lunch-2026]
Portrait of the day
Chancellor John Healey announced his first Budget will be on Wednesday 28 O=
ctober. He promised that =E2=80=98this will be a Budget that moves money an=
d power out of Westminster, and into every postcode around Britain=E2=80=99=
=2E
Israeli officials said the IDF would not withdraw from Gaza =E2=80=98withou=
t the genuine disarmament of Hamas=E2=80=99, after Donald Trump claimed he =
had made a =E2=80=98monumental step forward=E2=80=99 towards peace. Read Mi=
chael Evans on whether Hamas will really disarm here [https://spectator.c=
om/article/will-hamas-really-disarm/].
The Prime Minister said his =E2=80=98instincts=E2=80=99 were to scrap plans=
to restrict jury trials, adding that he was concerned about potential misc=
arriages of justice.
Burnham also called on Gianni Infantino to resign as president of Fifa afte=
r widespread protests from football associations at his plan to sell stakes=
in the World Cup.
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ticle/professor-arday-is-the-gift-that-keeps-on-giving/?status=3D=
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=2E
=E2=80=98Look, isn=E2=80=99t that Bill Oddie?=E2=80=99
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Enjoying the Evening Blend?
Why not try The Spectator=E2=80=99s Lunchtime Espresso newsletter? Keep up-=
to-date with major political and economic events in the UK =E2=80=93 and wo=
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Gavin Mortimer
=2E
Barometer
Oil price (barrel of Brent crude)
$90.04
up 1.13% on the day, up 30.95% on a year ago
GBP/USD exchange rate
$1.35
up 0.89=C2=A2 on the day, up 1.99=C2=A2 on a year ago
Average new two-year fixed-rate mortgage
5.63%
up 0.01pts on the day, up 0.61pts on a year ago
Rates from Moneyfacts
Follow us Sign up for more Specta=
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204; ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌</div>
<table class=3D"gmail-fix" width=3D"100%" cellspacing=3D"0" cellpaddin=
g=3D"0" style=3D"background-color:#ffffff;background-image:none;background-=
repeat:repeat;background-position:top left;background-attachment:scroll;min=
-width:320px;" >
<tr>
<td class=3D"p-0" style=3D"padding-top:30px;padding-bottom:30px;pad=
ding-right:10px;padding-left:10px;mso-line-height-rule:exactly;" >
<table class=3D"w-100p" width=3D"710" align=3D"center" cellpaddi=
ng=3D"0" cellspacing=3D"0" style=3D"max-width:710px;background-color:#fff;b=
ackground-image:none;background-repeat:repeat;background-position:top left;=
background-attachment:scroll;border-radius:5px;box-shadow:0 0 40px 0 #d1d1d=
1;margin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;width:100=
% !important;" >
<tr>
<td style=3D"padding-top:0;padding-bottom:0;padding-right:0;p=
adding-left:0;mso-line-height-rule:exactly;" >
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td align=3D"center" style=3D"padding-top:0;padding=
-bottom:0;padding-right:0;padding-left:0;font-size:0;line-height:0;mso-line=
-height-rule:exactly;" >
<span class=3D"wi-100p hm"><a href=3D"https://ble=
nd.spectator.co.uk/t/j-l-yhlliliy-dujyitlidt-j/" style=3D"outline-s=
tyle:none;color:#b30517;text-decoration:underline;" ><img src=3D"=
https=
://i1.cmail20.com=
/ei/j/BD/EB7/62B/csimport/best-=
vpn-4m-free_710x130.064655.160219.png" width=3D"710" alt=3D"The Specta=
tor | Register" label=3D"Responsive_Banner Desktop" height=3D"130" =
style=3D"width:100% !important;font-style:normal;font-variant:normal;font-w=
eight:normal;font-size:16px;font-family:Times New Roman, Times, serif, EBGa=
ramond;line-height:20px;color:#333;vertical-align:top;border-style:none;hei=
ght:auto !important;" /></a></span>
<span class=3D"image-m" style=3D"display:none;fon=
t-size:0;line-height:0;" ><a href=3D"https://blend.spectator.co.uk/t/j-l-yh=
lliliy-dujyitlidt-t/" style=3D"outline-style:none;color:#b30517;tex=
t-decoration:underline;" ><img src=3D"https=
://i2.=
cmail20.com=
/ei/j/BD/EB7/62B/csimport/best-vpn-4m-free_500x225.064722.=
160223.png" width=3D"500" alt=3D"The Spectator | Register" lab=
el=3D"Responsive_Banner Mobile" height=3D"225" style=3D"width:0px;font-styl=
e:normal;font-variant:normal;font-weight:normal;font-size:0;font-family:Tim=
es New Roman, Times, serif, EBGaramond;line-height:0;color:#333;vertical-al=
ign:top;border-style:none;" /></a></span>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0" role=3D"presentation">
<tr>
<td style=3D"mso-line-height-rule:exactly;" >
<table width=3D"710" align=3D"center" cellpadding=
=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"max-width:710px;wid=
th:100%;margin-bottom:20px;" >
<tr>
<td align=3D"center" style=3D"padding-top:0;p=
adding-bottom:0;padding-right:0;padding-left:0;mso-line-height-rule:exactly=
;" >
<img src=3D"https=
://i9.=
cmail20.com=
/ti/j/57/36F/8ED/221858/images/header_eveningblend_f=
=2Ejpg" width=3D"550" alt=3D"Evening Blend | Spectator Daily"=
label=3D"Evening Blend header" style=3D"display:block;width:100%;max-width=
:550px;height:auto;border-width:0;outline-color:0;text-decoration:none;" />
</td>
</tr>
<tr>
<td style=3D"height:1px;line-height:1px;font-=
size:1px;background-color:#dddddd;background-image:none;background-repeat:r=
epeat;background-position:top left;background-attachment:scroll;mso-line-he=
ight-rule:exactly;" >
‌
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
=
=
=
=09
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td class=3D"bylinetd" style=3D"padding-top:0;paddi=
ng-bottom:2px;padding-right:15px;padding-left:15px;mso-line-height-rule:exa=
ctly;" >
<table width=3D"100%" cellpadding=3D"0" cellspaci=
ng=3D"0" border=3D"0" style=3D"max-width:610px;width:100% !important;margin=
-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
=20
<td class=3D"mobile-show" width=3D"70" style=3D=
"width:70px;vertical-align:bottom;padding-right:12px;display:none;max-heigh=
t:0;overflow:hidden;mso-hide:all;mso-line-height-rule:exactly;" >
<img src=3D"https=
://i4.=
cmail20.com=
/ti/j/57/36F/8ED/221858/images/byline-isabel.png" al=
t=3D"Isabel Hardman" class=3D"blend-img" width=3D"70" label=3D"Mobile =
byline image =E2=80=93=C2=A0CHANGE DESKTOP TOO" style=3D"display:block;widt=
h:70px;height:auto;border-width:0;outline-color:0;text-decoration:none;" />
</td>
=20
<td style=3D"text-align:left;vertical-align:b=
ottom;mso-line-height-rule:exactly;" >
<div class=3D"blend-headline" style=3D"font=
-family:EBGaramond, Garamond, 'Times New Roman', Times, serif;font-size:26p=
x;line-height:32px;color:#333;font-weight:400;margin-top:0;margin-bottom:0;=
margin-right:0;margin-left:0;" ><p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
How Andy Burnham is defining himself</p>
</div>
<div class=3D"blend-byline" style=3D"font-f=
amily:EBGaramond, Garamond, 'Times New Roman', Times, serif;font-size:19.5p=
x;line-height:25px;color:#333;text-align:left;" ><p style=3D"margin-top:0;m=
argin-bottom:0;margin-right:0;margin-left:0;" >
by <i style=3D"font-style:italic;" >Isabel Hardman</i></p>
</div>
</td>
=20
<td class=3D"mobile-hide" width=3D"70" align=3D=
"right" style=3D"width:70px;vertical-align:bottom;text-align:right;padding-=
left:12px;mso-line-height-rule:exactly;" >
<img src=3D"https=
://i4.=
cmail20.com=
/ti/j/57/36F/8ED/221858/images/byline-isabel.png" al=
t=3D"Isabel Hardman" class=3D"blend-img" width=3D"70" label=3D"Desktop=
byline image" style=3D"display:block;width:70px;height:auto;border-width:0=
;outline-color:0;text-decoration:none;" />
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td height=3D"15" style=3D"font-size:0;line-height:=
0;mso-line-height-rule:exactly;" >
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td style=3D"font-style:normal;font-variant:n=
ormal;font-weight:normal;font-size:19.5px;font-family:EBGaramond, Garamond,=
Times New Roman, Times, serif;line-height:25px;color:#333;mso-line-height-=
rule:exactly;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
Andy Burnham has spent this week talking about subjects that are largely d=
isconnected from one another: social care, technical education, defence spe=
nding and, today, devolution of income tax revenue to mayors. Running throu=
gh most of the announcements =E2=80=93 aside from defence spending =E2=80=93=
is a personal interest on the part of the new Prime Minister. Another them=
e that unites them all is that he hasn=E2=80=99t actually announced as much=
as the fanfare has suggested. But the most important takeaway from this we=
ek is not so much the policy detail of what Burnham wants to do, but how he=
wants to define himself.<br />
</p>
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >
Unlike Keir Starmer, who largely launched his premiership with a long warn=
ing that =E2=80=98this is going to hurt=E2=80=99 without any sense of how t=
hings might get better afterwards, Burnham has been trying to give a feelin=
g of purpose and energy around specific changes that he thinks will improve=
Britain. The painful stuff will still have to come, but he is hoping that =
the public will be feeling as though that=E2=80=99s a necessary stage on th=
e way to the improvements, rather than pain for pain=E2=80=99s sake, as the=
y seem to have viewed the Starmer premiership.<br />
</p>
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >
Today=E2=80=99s announcement was on Burnham=E2=80=99s most familiar turf: =
devolution. As with all the announcements he has made so far, we have yet t=
o see the full details or indeed the trade-offs enabling the policy, and we=
won=E2=80=99t find out until the Budget, which has been set for 28 October=
=2E But what we know so far is that mayors will get a share of the income tax=
and business rates raised in their area, allowing communities to =E2=80=98=
directly benefit when their economy grows=E2=80=99. The flip side of this i=
s, of course, that if a local area isn=E2=80=99t growing, then things start=
to feel even tighter. Ross Clark examines that problem <a href=3D"https://=
blend.spectator.co.uk/t/j-l-yhlliliy-dujyitlidt-d/" style=3D"outlin=
e-style:none;color:#b30517;text-decoration:underline;" >here</a>, arguing t=
hat it is a continuation of what Burnham did in Manchester, but only to the=
benefit of the wealthy centre and the=20
disadvantage of areas like Oldham.<br />
</p>
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >
Most mayors are happy enough with what they=E2=80=99ve been told so far. S=
ome want more, unsurprisingly. Ben Houchen, Conservative mayor of Tees Vall=
ey, is a fan, but has said that he would also use the money to =E2=80=98cre=
ate a rebate scheme to put money back into people=E2=80=99s pockets and let=
families keep more of the money they earn=E2=80=99. That=E2=80=99s not cur=
rently possible, and Burnham said today that =E2=80=98this is not about mak=
ing [mayors] mini-Chancellors of the Exchequer, undermining or rewriting a=
policy on tax and personal finance=E2=80=99. Funnily enough, given Burnham=
is already being branded =E2=80=98anti-London=E2=80=99, Sadiq Khan has bee=
n rather less excited about it all. Indeed, seeing as Burnham has long-defi=
ned himself as someone more comfortable out of the capital than in it, anot=
her defining aspect of his premiership is surely going to be a long and pos=
sibly quite exhausting debate about whether he wants London to shrink to=20
drive other cities =E2=80=93 or whether he really believes that everyone is=
going to flourish as a result of his changes. Either way, he has managed t=
o start his time in office with much more debate about what he plans to do,=
rather than what he wants to take away =E2=80=93 for now, anyway.</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td height=3D"30" style=3D"font-size:0;line-height:=
0;mso-line-height-rule:exactly;" >
=20
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0">
<tr>
<td style=3D"padding-top:30px;padding-bottom:30px;padding-right=
:15px;padding-left:15px;border-bottom-width:1px;border-bottom-style:solid;b=
order-bottom-color:#C0C0C0;border-top-width:1px;border-top-style:solid;bord=
er-top-color:#C0C0C0;background-color:#F8F8F8;background-image:none;backgro=
und-repeat:repeat;background-position:top left;background-attachment:scroll=
;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpadding=3D"0" cells=
pacing=3D"0" style=3D"max-width:610px;width:100% !important;margin-top:0;ma=
rgin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr class=3D"thold">
=09
<th class=3D"thead" width=3D"290" align=3D"left" style=3D"ve=
rtical-align:center;padding-top:0;padding-bottom:0;padding-right:0;padding-=
left:0;" >
<table class=3D"w-100p" align=3D"center" cellpadding=3D"0"=
cellspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;margin-right:15px;=
margin-left:0;padding-top:0;padding-bottom:0;padding-right:15px;padding-lef=
t:0;width:100% !important;" >
<tr>
<td class=3D"wi-100p" align=3D"center" style=3D"border-ra=
dius:5px;overflow:hidden;mso-line-height-rule:exactly;" >
<img src=3D"https=
://i3.=
cmail20.com=
/ei/j/BD/EB7/62B/csimport/BeaujolaisNouveau.161720.png" width=3D"=
275" alt=3D"https://club.spectator.co.uk/events/boisdale-the-spectator-bea=
ujolais-nouveau-lunch-2026" label=3D"HouseAd_App" height=3D"275" style=3D"w=
idth:100% !important;vertical-align:top;height:auto !important;" />
</td>
</tr>
</table>
</th> =09
=09
<th class=3D"tfoot" align=3D"left" style=3D"vertical-align:t=
op;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;" >
<table align=3D"center" cellpadding=3D"0" cellspacing=3D"0=
" style=3D"margin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;=
" >
<tr>
<td class=3D"h-a" height=3D"118" valign=3D"top" style=3D"=
mso-line-height-rule:exactly;" >
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0=
" align=3D"center">
<tr>
<td class=3D"pt-10 ta-c" align=3D"center" style=3D"pad=
ding-top:0;padding-bottom:20px;padding-right:0;padding-left:0;font-style:no=
rmal;font-variant:normal;font-weight:normal;font-size:20px;font-family:EBGa=
ramond, Garamond, Times New Roman, Times, serif;line-height:25px;color:#333=
;mso-line-height-rule:exactly;" >
<p style=3D"margin-top:0;margin-bottom:15px;margin-ri=
ght:0;margin-left:0;" >
<strong style=3D"font-weight:700;" >Explore the <em>Spectator</em> Club</s=
trong></p>
<p style=3D"margin-top:0;margin-bottom:15px;margin-right:0;margin-left:0;" =
>
We are joining forces with Boisdale to restore the charm and fun of Beaujo=
lais Nouveau Day to the UK=E2=80=99s vinous calendar, in partnership with t=
he legendary wine producer Pardon et Fils. Spectator business editor Martin=
Vander Weyer and Boisdale founder Ranald Macdonald will host a five-course=
lunch, during which you will enjoy three Beaujolais Nouveau 2026 wines, al=
ong with four outstanding Pardon et Fils Cru Beaujolais.</p>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style=3D"mso-line-height-rule:exactly;" >
<table width=3D"200" align=3D"center" cellpadding=3D"0"=
cellspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;margin-right:auto;=
margin-left:auto;" >
<tr>
<td class=3D"active-t" align=3D"center" style=3D"backg=
round-color:#d2091e;background-image:none;background-repeat:repeat;backgrou=
nd-position:top left;background-attachment:scroll;mso-padding-alt:11px;font=
-style:normal;font-variant:normal;font-weight:normal;font-size:12px;font-fa=
mily:Arial, Helvetica, sans-serif, Lato;line-height:16px;border-radius:20px=
;letter-spacing:1px;text-transform:uppercase;mso-line-height-rule:exactly;t=
ransition:all 0.3s ease;" >
<p style=3D"margin-top:0;margin-bottom:0;margin-right=
:0;margin-left:0;" >
<a href=3D"https://blend.spectator.co.uk/t/j-l-yhlliliy-dujyitlidt=
-h/" style=3D"color:#fff !important;text-decoration-line:none;display:block=
;padding-top:11px;padding-bottom:11px;padding-right:11px;padding-left:11px;=
outline-style:none;text-decoration:none;" >learn more</a></p>
</td>
</tr>
</table>
=09
</td>
</tr>
</table>
</th>
</tr>
</table>
</td>
</tr>
<tr>
<td height=3D"30" style=3D"font-size:0;line-height:0;mso-line-height-=
rule:exactly;" > </td>
</tr>
</table>
=09
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td style=3D"padding-top:0;padding-bottom:20p=
x;padding-right:0;padding-left:0;font-style:normal;font-variant:normal;font=
-weight:normal;font-size:26px;font-family:EBGaramond, Garamond, Times New R=
oman, Times, serif;line-height:36px;color:#b30517;mso-line-height-rule:exac=
tly;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
Portrait of the day</p>
</td>
</tr>
<tr>
<td style=3D"font-style:normal;font-variant:n=
ormal;font-weight:normal;font-size:19.5px;font-family:EBGaramond, Garamond,=
Times New Roman, Times, serif;line-height:25px;color:#333;mso-line-height-=
rule:exactly;" >
<ul style=3D"margin-top:0;margin-bottom:0;m=
argin-right:0;margin-left:18px;padding-top:0;padding-bottom:0;padding-right=
:0;padding-left:0;" >
<li style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:0;=
" >
Chancellor John Healey announced his first Budget will be on Wednesday 28=
October. He promised that =E2=80=98this will be a Budget that moves money =
and power out of Westminster, and into every postcode around Britain=E2=80=99=
=2E</li>
<li style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:0;=
" >
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >
Israeli officials said the IDF would not withdraw from Gaza =E2=80=98wit=
hout the genuine disarmament of Hamas=E2=80=99, after Donald Trump claimed =
he had made a =E2=80=98monumental step forward=E2=80=99 towards peace. Read=
Michael Evans on whether Hamas will really disarm <a href=3D"https://blend=
=2Espectator.co.uk/t/j-l-yhlliliy-dujyitlidt-k/" style=3D"outline-sty=
le:none;color:#b30517;text-decoration:underline;" >here</a>.</p>
</li>
<li style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:0;=
" >
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >
The Prime Minister said his =E2=80=98instincts=E2=80=99 were to scrap pl=
ans to restrict jury trials, adding that he was concerned about potential m=
iscarriages of justice.</p>
</li>
<li style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:0;=
" >
Burnham also called on Gianni Infantino to resign as president of Fifa af=
ter widespread protests from football associations at his plan to sell stak=
es in the World Cup.</li>
</ul>
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td height=3D"1" style=3D"color:#ddd;backgrou=
nd-color:#ddd;background-image:none;background-repeat:repeat;background-pos=
ition:top left;background-attachment:scroll;font-size:1px;line-height:1px;m=
so-line-height-rule:exactly;" >
=20
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td style=3D"padding-top:0;padding-bottom:20p=
x;padding-right:0;padding-left:0;font-style:normal;font-variant:normal;font=
-weight:normal;font-size:26px;font-family:EBGaramond, Garamond, Times New R=
oman, Times, serif;line-height:36px;color:#b30517;mso-line-height-rule:exac=
tly;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
Most read on The Spectator</p>
</td>
</tr>
<tr>
<td style=3D"font-style:normal;font-variant:n=
ormal;font-weight:normal;font-size:19.5px;font-family:EBGaramond, Garamond,=
Times New Roman, Times, serif;line-height:25px;color:#333;mso-line-height-=
rule:exactly;" >
<p style=3D"margin-top:0;margin-bottom:10px=
;margin-right:0;margin-left:0;" >
<a href=3D"https://blend.spectator.co.uk/t/j-l-yhlliliy-=
dujyitlidt-u/" style=3D"color:rgb(51, 51, 51);outline-style:none;text-decoration:=
underline;" >Professor Arday is the gift that keeps on giving</a> =E2=80=
=93 <i>Toby Young</i></p>
<p style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:=
0;" >
<a href=3D"https://blend.spectator.co.uk/t/j-l-yhlliliy-=
dujyitlidt-o/" style=3D"color:rgb(51, 51, 51);outline-style:none;text-decoration:=
underline;" >The invasion of Ceuta</a> =E2=80=93 <i>Brendan O=E2=80=99=
Neill</i></p>
<p style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:=
0;" >
<a href=3D"https://blend.spectator.co.uk/t/j-l-yhlliliy-=
dujyitlidt-b/" style=3D"color:rgb(51, 51, 51);outline-style:none;text-decoration:=
underline;" >The Ceuta border has become a European emergency</a> =E2=80=
=93 <i>Jim Lawley</i></p>
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td height=3D"1" style=3D"color:#ddd;backgrou=
nd-color:#ddd;background-image:none;background-repeat:repeat;background-pos=
ition:top left;background-attachment:scroll;font-size:1px;line-height:1px;m=
so-line-height-rule:exactly;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
.</p>
</td>
</tr>
</table>
</td>
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</table>
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<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td class=3D"wi-100p" align=3D"center" style=3D=
"padding-top:0;padding-bottom:10px;padding-right:0;padding-left:0;mso-line-=
height-rule:exactly;" >
<img src=3D"https=
://i4.=
cmail20.com=
/ei/j/BD/EB7/62B/csimport/Screenshot2026-07-31at16.1=
3.29.161338.png" width=3D"286" label=3D"Image" height=3D"137" style=3D"wid=
th:100% !important;max-width:286px;vertical-align:top;height:auto !importan=
t;" />
</td>
</tr>
<tr>
<td align=3D"center" style=3D"font-style:ital=
ic;font-variant:normal;font-weight:normal;font-size:18px;font-family:EBGara=
mond, Garamond, Times New Roman, Times, serif;line-height:22px;color:#333;m=
so-line-height-rule:exactly;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
=E2=80=98Look, isn=E2=80=99t that Bill Oddie?=E2=80=99</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td height=3D"1" style=3D"color:#ddd;backgrou=
nd-color:#ddd;background-image:none;background-repeat:repeat;background-pos=
ition:top left;background-attachment:scroll;font-size:1px;line-height:1px;m=
so-line-height-rule:exactly;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
.</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
=
=
=
=
=
=
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0">
<tr>
<td align=3D"center" style=3D"padding-top:0;padding-bottom:30p=
x;padding-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" border=3D"0" cellspacing=3D"0" cellpaddin=
g=3D"0" align=3D"center" style=3D"max-width:610px;width:100% !important;mar=
gin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tbody>
<tr>
<td bgcolor=3D"#262222" align=3D"center" style=3D"padding-t=
op:30px;padding-bottom:30px;padding-right:30px;padding-left:30px;font-size:=
14px;font-family:Times, 'Times New Roman', serif;color:#FFFFFF;border-radiu=
s:10px 10px 10px 10px;mso-line-height-rule:exactly;" >
<p style=3D"margin-top:0;font-size:26px;margin-bottom:0;marg=
in-right:0;margin-left:0;" ><strong style=3D"font-weight:700;" >
Enjoying the Evening Blend?
</strong></p>
<p style=3D"margin-top:10px;margin-bottom:0;color:#FFC847;ma=
rgin-right:0;margin-left:0;" >
Why not try <em>The Spectator</em>=E2=80=99s Lunchtime Espr=
esso newsletter? Keep up-to-date with major political and economic events i=
n the UK =E2=80=93 and worldwide =E2=80=93 with our concise summary, delive=
red every weekday lunchtime.
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ding=3D"0">
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eight-rule:exactly;" >
<table width=3D"260" align=3D"center" cellpadding=3D"0" ce=
llspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;margin-right:auto;mar=
gin-left:auto;" >
<tr>
<td class=3D"PWactive-t" align=3D"center" valign=3D"mid=
dle" style=3D"background-color:#FFC847;background-image:none;background-rep=
eat:repeat;background-position:top left;background-attachment:scroll;mso-pa=
dding-alt:11px;font-size:12px;font-family:Helvetica, Times, serif;border-ra=
dius:20px;text-transform:uppercase;mso-line-height-rule:exactly;transition:=
all 0.3s ease;" >
<p style=3D"margin-top:0;margin-bottom:0;margin-right:=
0;margin-left:0;" >
<a href=3D"https://blend.spectator.co.uk/t/j-l-yhlliliy-dujyitlidt=
-n/" style=3D"color:#262222 !important;text-decoration:none;display:block;p=
adding-top:11px;padding-bottom:11px;padding-right:11px;padding-left:11px;ou=
tline-style:none;" ><strong style=3D"color:#262222 !important;font-weight:7=
00;" >SIGN UP HERE</strong> </a></p>
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=
=
=
=
=
=
=09
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td style=3D"padding-top:0;padding-bottom:20p=
x;padding-right:0;padding-left:0;font-style:normal;font-variant:normal;font=
-weight:normal;font-size:26px;font-family:EBGaramond, Garamond, Times New R=
oman, Times, serif;line-height:36px;color:#b30517;mso-line-height-rule:exac=
tly;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
From Spectator Life</p>
</td>
</tr>
<tr>
<td style=3D"font-style:normal;font-variant:n=
ormal;font-weight:normal;font-size:19.5px;font-family:EBGaramond, Garamond,=
Times New Roman, Times, serif;line-height:25px;color:#333;mso-line-height-=
rule:exactly;" >
<table width=3D"100%" cellpadding=3D"0" cel=
lspacing=3D"0">
<tbody><tr>
<td style=3D"padding-top:0;padding-bottom:30px;padding-right:0p=
x;padding-left:0px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpadding=3D"0" cel=
lspacing=3D"0" style=3D"max-width:610px;width:100% !important;margin-top:0;=
margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tbody><tr class=3D"thold">
<th class=3D"thead" width=3D"234" align=3D"left" st=
yle=3D"vertical-align:top;padding-top:0;padding-bottom:0;padding-right:0;pa=
dding-left:0;" >
<table class=3D"w-100p mb-20" align=3D"center" =
cellpadding=3D"0" cellspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;m=
argin-right:auto;margin-left:auto;width:100%!important;" >
<tbody><tr>
<td class=3D"wi-100p" align=3D"center" =
style=3D"border-radius:5px;overflow:hidden;mso-line-height-rule:exactly;" >
<a href=3D"https://blend.spectator.=
co.uk/t/j-l-yhlliliy-dujyitlidt-p/" style=3D"outline-style:none;col=
or:#b30517;text-decoration:underline;" ><img src=3D"https://spectator.com/w=
p-content/uploads/2026/07/GettyImages-2288304120-e1785477020666.jpg?resize=3D=
468,312" width=3D"234" alt=3D"Image description" height=3D"156" style=3D"wi=
dth:100%!important;vertical-align:top;border-style:none;height:auto!importa=
nt;" /></a>
</td>
</tr>
</tbody></table>
</th>
<th class=3D"hm" width=3D"20" style=3D"padding-top:=
0;padding-bottom:0;padding-right:0;padding-left:0;" ></th>
<th class=3D"tfoot" align=3D"left" style=3D"vertica=
l-align:top;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;"=
>
<table class=3D"w-100p" align=3D"center" cellpa=
dding=3D"0" cellspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;margin-=
right:auto;margin-left:auto;width:100%!important;" >
<tbody><tr>
<td class=3D"pt-10 ta-c" style=3D"font-=
style:normal;font-variant:normal;font-weight:normal;font-size:19.5px;font-f=
amily:EBGaramond, Garamond, Times New Roman, Times, serif;line-height:25px;=
color:#333;mso-line-height-rule:exactly;" >
<p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
<a href=3D"https://blend.spectator.=
co.uk/t/j-l-yhlliliy-dujyitlidt-x/" style=3D"outline-style:none;col=
or:#b30517;text-decoration:underline;" >Four bets for Glorious Goodwood</a>=
</p>
<p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
<em>Penworthy</em></p>
</td>
</tr>
</tbody></table>
</th>
</tr>
</tbody></table>
</td>
</tr>
</tbody></table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0">
<tbody><tr>
<td style=3D"padding-top:0;padding-bottom:30px;padding-right:0p=
x;padding-left:0px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpadding=3D"0" cel=
lspacing=3D"0" style=3D"max-width:610px;width:100% !important;margin-top:0;=
margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tbody><tr class=3D"thold">
<th class=3D"thead" width=3D"234" align=3D"left" st=
yle=3D"vertical-align:top;padding-top:0;padding-bottom:0;padding-right:0;pa=
dding-left:0;" >
<table class=3D"w-100p mb-20" align=3D"center" =
cellpadding=3D"0" cellspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;m=
argin-right:auto;margin-left:auto;width:100%!important;" >
<tbody><tr>
<td class=3D"wi-100p" align=3D"center" =
style=3D"border-radius:5px;overflow:hidden;mso-line-height-rule:exactly;" >
<a href=3D"https://blend.spectator.=
co.uk/t/j-l-yhlliliy-dujyitlidt-m/" style=3D"outline-style:none;col=
or:#b30517;text-decoration:underline;" ><img src=3D"https://spectator.com/w=
p-content/uploads/2026/07/plane-seat.jpg?resize=3D468,312" width=3D"234" al=
t=3D"Image description" height=3D"156" style=3D"width:100%!important;vertic=
al-align:top;border-style:none;height:auto!important;" /></a>
</td>
</tr>
</tbody></table>
</th>
<th class=3D"hm" width=3D"20" style=3D"padding-top:=
0;padding-bottom:0;padding-right:0;padding-left:0;" ></th>
<th class=3D"tfoot" align=3D"left" style=3D"vertica=
l-align:top;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;"=
>
<table class=3D"w-100p" align=3D"center" cellpa=
dding=3D"0" cellspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;margin-=
right:auto;margin-left:auto;width:100%!important;" >
<tbody><tr>
<td class=3D"pt-10 ta-c" style=3D"font-=
style:normal;font-variant:normal;font-weight:normal;font-size:19.5px;font-f=
amily:EBGaramond, Garamond, Times New Roman, Times, serif;line-height:25px;=
color:#333;mso-line-height-rule:exactly;" >
<p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
<a href=3D"https://blend.spectator.=
co.uk/t/j-l-yhlliliy-dujyitlidt-c/" style=3D"outline-style:none;col=
or:#b30517;text-decoration:underline;" >The unspoken etiquette of plane sea=
ts</a></p>
<p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
<em>Sophie Law</em></p>
</td>
</tr>
</tbody></table>
</th>
</tr>
</tbody></table>
</td>
</tr>
</tbody></table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0">
<tbody><tr>
<td style=3D"padding-top:0;padding-bottom:30px;padding-right:0p=
x;padding-left:0px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpadding=3D"0" cel=
lspacing=3D"0" style=3D"max-width:610px;width:100% !important;margin-top:0;=
margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tbody><tr class=3D"thold">
<th class=3D"thead" width=3D"234" align=3D"left" st=
yle=3D"vertical-align:top;padding-top:0;padding-bottom:0;padding-right:0;pa=
dding-left:0;" >
<table class=3D"w-100p mb-20" align=3D"center" =
cellpadding=3D"0" cellspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;m=
argin-right:auto;margin-left:auto;width:100%!important;" >
<tbody><tr>
<td class=3D"wi-100p" align=3D"center" =
style=3D"border-radius:5px;overflow:hidden;mso-line-height-rule:exactly;" >
<a href=3D"https://blend.spectator.=
co.uk/t/j-l-yhlliliy-dujyitlidt-q/" style=3D"outline-style:none;col=
or:#b30517;text-decoration:underline;" ><img src=3D"https://spectator.com/w=
p-content/uploads/2026/07/brittany.jpg?resize=3D468,312" width=3D"234" alt=3D=
"Image description" height=3D"156" style=3D"width:100%!important;vertical-a=
lign:top;border-style:none;height:auto!important;" /></a>
</td>
</tr>
</tbody></table>
</th>
<th class=3D"hm" width=3D"20" style=3D"padding-top:=
0;padding-bottom:0;padding-right:0;padding-left:0;" ></th>
<th class=3D"tfoot" align=3D"left" style=3D"vertica=
l-align:top;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;"=
>
<table class=3D"w-100p" align=3D"center" cellpa=
dding=3D"0" cellspacing=3D"0" style=3D"margin-top:0;margin-bottom:0;margin-=
right:auto;margin-left:auto;width:100%!important;" >
<tbody><tr>
<td class=3D"pt-10 ta-c" style=3D"font-=
style:normal;font-variant:normal;font-weight:normal;font-size:19.5px;font-f=
amily:EBGaramond, Garamond, Times New Roman, Times, serif;line-height:25px;=
color:#333;mso-line-height-rule:exactly;" >
<p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
<a href=3D"https://blend.spectator.=
co.uk/t/j-l-yhlliliy-dujyitlidt-a/" style=3D"outline-style:none;col=
or:#b30517;text-decoration:underline;" >Why Brittany is fast becoming the n=
ew Provence</a></p>
<p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
<em>Gavin Mortimer</em></p>
</td>
</tr>
</tbody></table>
</th>
</tr>
</tbody></table>
</td>
</tr>
</tbody></table>
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td height=3D"1" style=3D"color:#ddd;backgrou=
nd-color:#ddd;background-image:none;background-repeat:repeat;background-pos=
ition:top left;background-attachment:scroll;font-size:1px;line-height:1px;m=
so-line-height-rule:exactly;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
.</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:20px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td style=3D"padding-top:0;padding-bottom:0;p=
adding-right:0;padding-left:0;font-style:normal;font-variant:normal;font-we=
ight:normal;font-size:26px;font-family:EBGaramond, Garamond, Times New Roma=
n, Times, serif;line-height:36px;color:#b30517;mso-line-height-rule:exactly=
;" >
<p style=3D"margin-top:0;margin-bottom:0;ma=
rgin-right:0;margin-left:0;" >
Barometer</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
=20
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
<tr>
<td style=3D"padding-top:0;padding-bottom:30px;padd=
ing-right:15px;padding-left:15px;mso-line-height-rule:exactly;" >
<table width=3D"610" align=3D"center" cellpaddin=
g=3D"0" cellspacing=3D"0" style=3D"max-width:610px;width:100% !important;ma=
rgin-top:0;margin-bottom:0;margin-right:auto;margin-left:auto;" >
<tr>
<td style=3D"font-style:normal;font-variant:n=
ormal;font-weight:normal;font-size:19.5px;font-family:EBGaramond, Garamond,=
Times New Roman, Times, serif;line-height:25px;color:#333;mso-line-height-=
rule:exactly;" >
<table width=3D"100%" cellpadding=3D"0" cel=
lspacing=3D"0">
<tbody><tr>
=20
<th class=3D"tflex" width=3D"190" align=3D"left" style=3D"vertical-=
align:top;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;" >
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0">
<tbody>
<tr><td style=3D"padding-top:0;padding-bottom:10px;padding-=
right:0;padding-left:0;font-style:normal;font-variant:normal;font-weight:no=
rmal;font-size:22px;font-family:EBGaramond, Garamond, Times New Roman, Time=
s, serif;line-height:30px;color:#333;mso-line-height-rule:exactly;" ><p sty=
le=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >Oil pric=
e (barrel of Brent crude)</p></td></tr>
<tr><td style=3D"padding-top:0;padding-bottom:15px;padding-=
right:0;padding-left:0;font-style:normal;font-variant:normal;font-weight:no=
rmal;font-size:32px;font-family:EBGaramond, Garamond, Times New Roman, Time=
s, serif;line-height:36px;color:#333;mso-line-height-rule:exactly;" ><p sty=
le=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >$90.04</=
p></td></tr>
<tr><td style=3D"font-style:normal;font-variant:normal;font=
-weight:normal;font-size:19.5px;font-family:EBGaramond, Garamond, Times New=
Roman, Times, serif;line-height:25px;color:#333;mso-line-height-rule:exact=
ly;" >
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0=
;margin-left:0;" >up 1.13% on the day, up 30.95% on a year ago</p>
=20
</td></tr>
</tbody>
</table>
</th>
<th class=3D"tflex" width=3D"20" height=3D"20" style=3D"padding=
-top:0;padding-bottom:0;padding-right:0;padding-left:0;" ></th>
=20
<th class=3D"tflex" width=3D"190" align=3D"left" style=3D"vertical-=
align:top;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;" >
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0">
<tbody>
<tr><td style=3D"padding-top:0;padding-bottom:10px;padding-=
right:0;padding-left:0;font-style:normal;font-variant:normal;font-weight:no=
rmal;font-size:22px;font-family:EBGaramond, Garamond, Times New Roman, Time=
s, serif;line-height:30px;color:#333;mso-line-height-rule:exactly;" ><p sty=
le=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >GBP/USD =
exchange rate</p></td></tr>
<tr><td style=3D"padding-top:0;padding-bottom:15px;padding-=
right:0;padding-left:0;font-style:normal;font-variant:normal;font-weight:no=
rmal;font-size:32px;font-family:EBGaramond, Garamond, Times New Roman, Time=
s, serif;line-height:36px;color:#333;mso-line-height-rule:exactly;" ><p sty=
le=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >$1.35</p=
></td></tr>
<tr><td style=3D"font-style:normal;font-variant:normal;font=
-weight:normal;font-size:19.5px;font-family:EBGaramond, Garamond, Times New=
Roman, Times, serif;line-height:25px;color:#333;mso-line-height-rule:exact=
ly;" >
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0=
;margin-left:0;" >up 0.89=C2=A2 on the day, up 1.99=C2=A2 on a year ago</p>
=20
</td></tr>
</tbody>
</table>
</th>
<th class=3D"tflex" width=3D"20" height=3D"20" style=3D"padding=
-top:0;padding-bottom:0;padding-right:0;padding-left:0;" ></th>
=20
<th class=3D"tflex" width=3D"190" align=3D"left" style=3D"vertical-=
align:top;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;" >
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0">
<tbody>
<tr><td style=3D"padding-top:0;padding-bottom:10px;padding-=
right:0;padding-left:0;font-style:normal;font-variant:normal;font-weight:no=
rmal;font-size:22px;font-family:EBGaramond, Garamond, Times New Roman, Time=
s, serif;line-height:30px;color:#333;mso-line-height-rule:exactly;" ><p sty=
le=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >Average =
new two-year fixed-rate mortgage</p></td></tr>
<tr><td style=3D"padding-top:0;padding-bottom:15px;padding-=
right:0;padding-left:0;font-style:normal;font-variant:normal;font-weight:no=
rmal;font-size:32px;font-family:EBGaramond, Garamond, Times New Roman, Time=
s, serif;line-height:36px;color:#333;mso-line-height-rule:exactly;" ><p sty=
le=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >5.63%</p=
></td></tr>
<tr><td style=3D"font-style:normal;font-variant:normal;font=
-weight:normal;font-size:19.5px;font-family:EBGaramond, Garamond, Times New=
Roman, Times, serif;line-height:25px;color:#333;mso-line-height-rule:exact=
ly;" >
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0=
;margin-left:0;" >up 0.01pts on the day, up 0.61pts on a year ago</p>
<p style=3D"font-size:10px;line-height:10px;margin-top:=
0;margin-bottom:0;margin-right:0;margin-left:0;" >Rates from Moneyfacts</p>
</td></tr>
</tbody>
</table>
</th>
</tr></tbody>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
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