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Subject: Evening Blend: Now Burnham gets technical
From: "Isabel Hardman" <daily@spectator.co.uk> 
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            =E2=80=8C       =
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Now Burnham gets technical

by Isabel Hardman

Having solved the cost-of-living crisis last week, Andy Burnham is spending=
 this one addressing some of politics=E2=80=99 most intractable problems. T=
hese problems have become so ingrained in our society that we all accept th=
ey need to be solved, while lacking the urgency to do much about them right=
 now. Instead, successive politicians are able to get away with truisms abo=
ut the need for reform, without ever getting into trouble for not actually =
doing anything.

Today the problem is the education system in England and the way it focuses=
 on academia rather than the technical and vocational skills that our econo=
my actually needs. The new Prime Minister has not had a unique revelation a=
bout the poverty of technical education in this country: instead, he=E2=80=99=
s largely repeating the truisms of his predecessors about improving it. He =
argues, rightly, that: =E2=80=98We=E2=80=99ve had a system built for too lo=
ng around the university route and it sends a message to some young people =
that they=E2=80=99re some kind of second-class citizens, and it=E2=80=99s j=
ust not right.=E2=80=99 And he points out that with the growth of AI, skill=
s are going to become more valuable.

All very well and good, but what really makes this push on technical educat=
ion different? Burnham is modelling his reforms =E2=80=93 which will see pu=
pils aged 14 encouraged to take technical classes at school, along with cor=
e subjects such as maths =E2=80=93 on the Manchester Baccalaureate. Rather =
than dictating from the centre (as Labour has been increasingly doing since=
 returning to power), he wants to give local areas power over the type of t=
echnical education on offer, in part to respond to the demands of employers=
 nearby. There are some places where the demand is obvious from large local=
 manufacturers, like Barrow-in-Furness and Derby. Others, where the industr=
y is largely long-gone, or which have functioned as dormitory towns for ser=
vice-based economies, won=E2=80=99t find it quite so easy to define what th=
ey should be teaching their children.

It=E2=80=99s striking that Reform hasn=E2=80=99t been hostile to this annou=
ncement, and that=E2=80=99s because many Labour-to-Reform switchers tell fo=
cus groups that they see higher education as a bit of a con. The Tories hav=
e meanwhile been arguing that so long as it=E2=80=99s easier to be on welfa=
re than to work, young people aren=E2=80=99t going to care what they=E2=80=99=
re studying in school anyway. Listen to James Heale, Michael Simmons and Na=
tasha Feroze on whether the reforms will work on our latest Coffee House Sh=
ots podcast.

Still, as Burnham will also find the more he pursues another reform with a =
long history of failure =E2=80=93 social care, on which he is due to pronou=
nce tomorrow =E2=80=93 the design is only a fraction of the problem here. I=
t=E2=80=99s also the political attention span for problems which are desper=
ately important but that keep being superseded by the urgent in politics in=
stead. And one of those urgent things is that we keep changing prime minist=
ers and wider ministerial positions so that no one is really able to be ten=
acious in solving the big problems.

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.

Watch now [https://club.spectator.co.uk/events/boisdale-the-spectator-beau=
jolais-nouveau-lunch-2026]

Portrait of the day

Andy Burnham announced reforms to technical education which will see school=
s offer vocational courses to children aged 14 and over.

Kemi Badenoch called for emergency legislation to halt the early release of=
 prisoners. The Tory leader also said =E2=80=98sorry=E2=80=99 for her party=
 failing to build enough prisons when in government.

Education Secretary Lucy Powell said ensuring the student loans system is f=
air was =E2=80=98at the top of my in-tray=E2=80=99.

Conservative MP Chris Philp was interrupted mid-interview by a French naval=
 exercise in which a patrol boat appeared to fire a round of gunshots.

Zelensky met with President Trump today. Read Lisa Haseldine=E2=80=99s  rep=
orting [https://spectator.com/article/what-can-europe-expect-from-americas=
-nato-3-0-review/] on Trump=E2=80=99s new Nato positioning on Coffee House.

Most read on The Spectator

The =E2=80=98Burnham bounce=E2=80=99 surely won=E2=80=99t last [https://sp=
ectator.com/article/the-burnham-bounce-surely-wont-last/?status=3D=
=
Non-subs=
=
] =E2=80=93 Gareth Roberts

What on earth would you cook for Meghan? [https://spectator.com/article/wh=
at-would-you-ever-want-to-cook-for-meghan/?status=3D=
Non-subs=
=
] =E2=80=93 Julie Bindel

Spain=E2=80=99s response to wildfires has been infuriating [https://specta=
tor.com/article/spains-response-to-wildfires-has-been-infuriating/?status=3D=
=
Non-subs=
=
] =E2=80=93 Jim Lawley

=2E

=E2=80=98Andy wants to tour the country and meet some of his subjects=E2=80=
=99

=2E

=
=
=
 =
=
=


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=
rldwide =E2=80=93 with our concise summary, delivered every weekday lunchti=
me.

SIGN UP HERE  [https://www.spectator.co.uk/lunchtime-espresso/?utm_source=3D=
blend]

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From Spectator Life

What on earth would you cook for Meghan? [https://spectator.com/article/wh=
at-would-you-ever-want-to-cook-for-meghan/?edition=3Dus?status=3D=
=
Non-subs=
=
]

Julie Bindel

Reading isn=E2=80=99t dead [https://spectator.com/article/reading-isnt-dea=
d/?edition=3Dus?status=3D=
Non-subs=
=
]

William Atkinson

Hell is a holiday resort [https://spectator.com/article/hell-is-a-holiday-=
resort/?edition=3Dus?status=3D=
Non-subs=
=
]

Daniel Seifert

=2E

Barometer

Oil price (barrel of Brent crude)

$83.57

down 5.42% on the day, up 19.95% on a year ago

GBP/USD exchange rate

$1.33

down 0.44=C2=A2 on the day, down 1.34=C2=A2 on a year ago

Average new two-year fixed-rate mortgage

5.62%

up 0.02pts on the day, up 0.60pts on a year ago

Rates from Moneyfacts

Follow us                                           Sign up for more Specta=
tor newsletters  here [https://www.spectator.co.uk/emails]

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Reg no.  01232804 [tel:01232804] Copyright =C2=A9 2026 The Spectator (1828=
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4; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; =
&#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8=
204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204; &#8204;</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
                    =
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=
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=

                 =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.=
cmail19.com=
/ti/j/57/36F/8ED/221858/images/header_eveningblend_f=
=2Ejpg" width=3D"550" alt=3D"Evening&#32;Blend&#32;|&#32;Spectator&#32;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;" >
                                &zwnj;
                              </td>
                            </tr>
                          </table>
                        </td>
                      </tr>
                    </table>
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								=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>
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                              <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.=
cmail19.com=
/ti/j/57/36F/8ED/221858/images/byline-isabel.png" al=
t=3D"Isabel&#32;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;" >
	Now Burnham gets technical</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>
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                              <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.=
cmail19.com=
/ti/j/57/36F/8ED/221858/images/byline-isabel.png" al=
t=3D"Isabel&#32;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;" >
                          &nbsp;
                        </td>
                      </tr>
                    </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 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;" >
	Having solved the cost-of-living crisis last week, Andy Burnham is spendin=
g this one addressing some of politics=E2=80=99 most intractable problems. =
These problems have become so ingrained in our society that we all accept t=
hey need to be solved, while lacking the urgency to do much about them righ=
t now. Instead, successive politicians are able to get away with truisms ab=
out the need for reform, without ever getting into trouble for not actually=
 doing anything.<br />
	&nbsp;</p>
<p style=3D"margin-top:0;margin-bottom:0;margin-right:0;margin-left:0;" >
	Today the problem is the education system in England and the way it focuse=
s on academia rather than the technical and vocational skills that our econ=
omy actually needs. The new Prime Minister has not had a unique revelation =
about the poverty of technical education in this country: instead, he=E2=80=
=99s largely repeating the truisms of his predecessors about improving it. =
He argues, rightly, that: =E2=80=98We=E2=80=99ve had a system built for too=
 long around the university route and it sends a message to some young peop=
le that they=E2=80=99re some kind of second-class citizens, and it=E2=80=99=
s just not right.=E2=80=99 And he points out that with the growth of AI, sk=
ills are going to become more valuable.<br />
	&nbsp;</p>
<p style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:0;" =
>
	All very well and good, but what really makes this push on technical educa=
tion different? Burnham is modelling his reforms =E2=80=93 which will see p=
upils aged 14 encouraged to take technical classes at school, along with co=
re subjects such as maths =E2=80=93 on the Manchester Baccalaureate. Rather=
 than dictating from the centre (as Labour has been increasingly doing sinc=
e returning to power), he wants to give local areas power over the type of =
technical education on offer, in part to respond to the demands of employer=
s nearby. There are some places where the demand is obvious from large loca=
l manufacturers, like Barrow-in-Furness and Derby. Others, where the indust=
ry is largely long-gone, or which have functioned as dormitory towns for se=
rvice-based economies, won=E2=80=99t find it quite so easy to define what t=
hey should be teaching their children.<br />
	&nbsp;</p>
<p style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:0;" =
>
	It=E2=80=99s striking that Reform hasn=E2=80=99t been hostile to this anno=
uncement, and that=E2=80=99s because many Labour-to-Reform switchers tell f=
ocus groups that they see higher education as a bit of a con. The Tories ha=
ve meanwhile been arguing that so long as it=E2=80=99s easier to be on welf=
are than to work, young people aren=E2=80=99t going to care what they=E2=80=
=99re studying in school anyway. Listen to James Heale, Michael Simmons and=
 Natasha Feroze on whether the reforms will work on our latest <em>Coffee H=
ouse Shots</em> podcast.<br />
	&nbsp;</p>
<p style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:0;" =
>
	Still, as Burnham will also find the more he pursues another reform with a=
 long history of failure =E2=80=93 social care, on which he is due to prono=
unce tomorrow =E2=80=93 the design is only a fraction of the problem here. =
It=E2=80=99s also the political attention span for problems which are despe=
rately important but that keep being superseded by the urgent in politics i=
nstead. And one of those urgent things is that we keep changing prime minis=
ters and wider ministerial positions so that no one is really able to be te=
nacious in solving the big problems.</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;" >
																			<a href=3D"https://blend.spectator.co.uk/t/j-l-yduugik-=
dujyitlidt-n/" style=3D"outline-style:none;color:#b30517;text-decora=
tion:underline;" ><img src=3D"https=
://i7.cmail19.com=
=
/ei/j/BD/199/6EC/csimport/BeaujolaisNouveau.170254.png" width=3D"2=
75"  label=3D"HouseAd_App" height=3D"275" style=3D"width:100% !important;ve=
rtical-align:top;border-style:none;height:auto !important;" /></a>
																		</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;" >
	<b style=3D"color:rgb(51, 51, 51);font-family:EBGaramond, Garamond, &quot;=
font-size:26px;font-weight:700;" >Explore the <em>Spectator</em> Club</b></=
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. <em>Spectator</em> business edit=
or Martin Vander Weyer and Boisdale founder Ranald Macdonald will host a fi=
ve-course lunch, during which you will enjoy three Beaujolais Nouveau 2026 =
wines, along 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-yduugik-dujyitlidt-=
p/" style=3D"color:#fff !important;text-decoration:none;display:block;paddi=
ng-top:11px;padding-bottom:11px;padding-right:11px;padding-left:11px;outlin=
e-style:none;" >Watch now</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;" >&nbsp;</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;=
" >
		Andy Burnham announced reforms to technical education which will see scho=
ols offer vocational courses to children aged 14 and over.</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;" >
			Kemi Badenoch called for emergency legislation to halt the early release=
 of prisoners. The Tory leader also said =E2=80=98sorry=E2=80=99 for her pa=
rty failing to build enough prisons when in government.</p>
	</li>
	<li style=3D"margin-top:0;margin-bottom:10px;margin-right:0;margin-left:0;=
" >
		Education Secretary Lucy Powell said ensuring the student loans system is=
 fair was =E2=80=98at the top of my in-tray=E2=80=99.</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;" >
			Conservative MP Chris Philp was interrupted mid-interview by a French na=
val exercise in which a patrol boat appeared to fire a round of gunshots.</=
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;" >
			Zelensky met with President Trump today. Read Lisa Haseldine=E2=80=99s <=
a href=3D"https://blend.spectator.co.uk/t/j-l-yduugik-dujyitlidt-x/=
" style=3D"outline-style:none;color:#b30517;text-decoration:underline;" >re=
porting</a> on Trump=E2=80=99s new Nato positioning on&nbsp;<em>Coffee Hous=
e</em>.</p>
	</li>
</ul>
                              </td>
                            </tr>
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                 =20
                    <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
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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
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                 =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-yduugik-dujyitlidt-=
m/" style=3D"color:rgb(51, 51, 51);outline-style:none;text-decoration:under=
line;" >The =E2=80=98Burnham bounce=E2=80=99 surely won=E2=80=99t last</a>&=
nbsp;=E2=80=93 <i>Gareth Roberts</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-yduugik-dujyitlidt-=
c/" style=3D"color:rgb(51, 51, 51);outline-style:none;text-decoration:under=
line;" >What on earth would you cook for Meghan?</a>&nbsp;=E2=80=93 <i>Juli=
e Bindel</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-yduugik-dujyitlidt-=
q/" style=3D"color:rgb(51, 51, 51);outline-style:none;text-decoration:under=
line;" >Spain=E2=80=99s response to wildfires has been infuriating</a>&nbsp=
;=E2=80=93 <i>Jim Lawley</i></p>
                              </td>
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                 =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>
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                 =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 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=
://i8.=
cmail19.com=
/ei/j/BD/199/6EC/csimport/Screenshot2026-07-28at17.2=
2.27.172239.png" width=3D"286"  label=3D"Image" height=3D"363" style=3D"wid=
th:100% !important;max-width:286px;vertical-align:top;height:auto !importan=
t;" />
                              </td>
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                            <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=98Andy wants to tour the country and meet some of his subjects=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>
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                          </table>
                        </td>
                      </tr>
                    </table>
                 =20
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										<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&nbsp;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&nbsp;weekday&nbsp;lunchtime.
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															<table width=3D"100%" border=3D"0" cellspacing=3D"0" cellpad=
ding=3D"0">
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																		<td align=3D"center" style=3D"padding-top:10px;mso-line-h=
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-yduugik-dujyitlidt-=
a/" style=3D"color:#262222 !important;text-decoration:none;display:block;pa=
dding-top:11px;padding-bottom:11px;padding-right:11px;padding-left:11px;out=
line-style:none;" ><strong style=3D"color:#262222 !important;font-weight:70=
0;" >SIGN UP HERE</strong> </a></p>
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										=
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=
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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>
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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>
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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-yduugik-dujyitlidt-f/" style=3D"outline-style:none;colo=
r:#b30517;text-decoration:underline;" ><img src=3D"https://spectator.com/wp=
-content/uploads/2026/07/meghan.jpg?resize=3D468,312" width=3D"234" alt=3D"=
Image description" height=3D"156" style=3D"width:100%!important;vertical-al=
ign: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-yduugik-dujyitlidt-z/" style=3D"outline-style:none;colo=
r:#b30517;text-decoration:underline;" >What on earth would you cook for Meg=
han?</a></p>
                                        <p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
                                        <em>Julie Bindel</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-yduugik-dujyitlidt-v/" style=3D"outline-style:none;colo=
r:#b30517;text-decoration:underline;" ><img src=3D"https://spectator.com/wp=
-content/uploads/2026/07/book.jpeg?resize=3D468,312" width=3D"234" alt=3D"I=
mage description" height=3D"156" style=3D"width:100%!important;vertical-ali=
gn: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-yduugik-dujyitlidt-e/" style=3D"outline-style:none;colo=
r:#b30517;text-decoration:underline;" >Reading isn=E2=80=99t dead</a></p>
                                        <p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
                                        <em>William Atkinson</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-yduugik-dujyitlidt-s/" style=3D"outline-style:none;colo=
r:#b30517;text-decoration:underline;" ><img src=3D"https://spectator.com/wp=
-content/uploads/2026/07/resort_553d32.jpeg?resize=3D468,312" width=3D"234"=
 alt=3D"Image description" height=3D"156" style=3D"width:100%!important;ver=
tical-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-yduugik-dujyitlidt-g/" style=3D"outline-style:none;colo=
r:#b30517;text-decoration:underline;" >Hell is a holiday resort</a></p>
                                        <p style=3D"margin-top:0;margin-bot=
tom:10px;margin-right:0;margin-left:0;" >
                                        <em>Daniel Seifert</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;" >$83.57</=
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;" >down 5.42% on the day, up 19.95% 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;" >$1.33</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;" >down 0.44=C2=A2 on the day, down 1.34=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;" >5.62%</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 0.02pts on the day, up 0.60pts 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>
                 =20
                    <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"=
0">
                      <tr>
                        <td style=3D"line-height:0;mso-line-height-rule:exa=
ctly;" >
                          <div style=3D"font-style:normal;font-variant:norm=
al;font-weight:normal;font-size:1px;font-family:courier;line-height:0;color=
:#fff;" >
                           =20
                          </div>
                        </td>
                      </tr>
                    </table>
                 =20
              </td>
           =20
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                    <td align=3D"center" style=3D"padding-top:50px;padding-=
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imes New Roman, Times, serif;line-height:30px;color:#333;mso-line-height-ru=
le:exactly;" >
                     =20
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