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Remember “securonomics”? It was the buzzword Rachel Reeves gave to her economic philosophy back before the election.

The idea was that in the late 2020s, the old ideas about the way we run the economy would or should give way to a new model.

For a long time, we ignored where something was made and by whom and just ordered it in from the cheapest source. For a long time, we ignored the security consequences of where we got our energy from. The upshot of these assumptions was that over time, we allowed our manufacturing base to become hollowed out, unable to compete with cheap imports from China. We allowed our energy system to become ever more dependent on cheap Russian gas.

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The whole point of securonomics was that it matters where something is made and who owns it. And not just that – that revitalising manufacturing and energy could help revitalise “left-behind” corners of the economy, places like the Midlands and the North East.

Back when she came up with the coinage, Joe Biden was in power and was pumping billions of dollars into the US economy via the Inflation Reduction Act – a scheme designed to encourage green tech investment. So securonomics looked a little like the British version of Bidenomics.

That’s the key point: the “security” part of “securonomics” was mostly about energy security and supply chain security rather than about defence.

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But when Rachel Reeves became chancellor, it looked for a period as if securonomics was dead on arrival. Most glaringly, Labour dramatically trimmed back the ambition and scale of its green investment plans.

But roll on a year or so, and we all know what happened next.

A new era

The Democrats lost, Donald Trump won, came into office and swiftly triggered a chain reaction that panicked everyone in Europe into investing more in defence. Today, much of the focus among investors is not on net zero but on defence.

All of which is to say, securonomics might be about to resurface, but in a markedly different guise. In the spring statement, I expect the chancellor to bring back this buzzword, but this time, the emphasis will not be on green tech but on something else: the defence sector.

Expect to hear about weapons

This time around, the chancellor will say securonomics 2.0, which is to say government investment in the defence sector will also bring an economic windfall, as old naval ports like Plymouth and Portsmouth see regeneration. This time, the focus will not be on solar and wind but on submarines and weapons.

Whether this rendition of securonomics is any more successful than the last remains to be seen. For the chancellor hardly has an enormous amount of money left to invest. While this week’s event is billed as a mere forecast update, the reality, when you take a step back, is more serious.

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What do you need to know about the spring statement

The chancellor will have to acknowledge that, without remedial action, she would have broken her fiscal rules. She will have to confirm significant changes to policy to rebuild the “headroom” against these rules. These will stop short of tax rises. Instead, the spending envelope in future years will be trimmed (think 1.1% or so spending increases rather than 1.3% or 1.4%). Those welfare reforms announced last week will bring in a bit of extra cash. And thanks to an accounting quirk, the decision (announced a few weeks ago) to shift development spending into defence will also give her a bit more space against her rules.

The austerity question

But even these changes will raise further awkward questions: is this or is this not austerity? Certainly, for some departments, that spending cut will involve further significant sacrifices. Are those benefits gains really achievable, and at what cost? And, most ominously, what if the chancellor has to come back to parliament in another six months and admit she’s broken her rules all over again?

The return of securonomics might be the theme she wants to focus on in the coming months – but that, too, depends on having money to invest – and the UK’s fiscal position looks as tight as ever.

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No more investigations into ‘non-crime hate incidents’ after Linehan case, Met Police says

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4 hours ago

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October 20, 2025

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No more investigations into 'non-crime hate incidents' after Linehan case, Met Police says

Metropolitan Police is to stop investigating “non-crime hate incidents” to “reduce ambiguity” after prosecutors dropped a case against Graham Linehan.

Linehan, 57, will face no further action after being arrested over his social media posts about transgender people.

The Father Ted and IT Crowd creator said his lawyers had been told the case wouldn’t proceed. The Crown Prosecution Service confirmed the move.

Linehan, 57, was arrested on suspicion of inciting violence when he landed at Heathrow from his home in the US on 1 September.

The incident drew criticism of the police and government from some politicians and free-speech campaigners.

Met Police said today it would stop investigating “non-crime hate incidents” to “reduce ambiguity” and “provide clearer direction for officers”.

Posting on X, Linehan announced : “After a successful hearing to get my bail conditions lifted (one which the police officer in charge of the case didn’t even bother to attend) the Crown Prosecution Service has dropped the case.

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“With the aid of the Free Speech Union, I still aim to hold the police accountable for what is only the latest attempt to silence and suppress gender critical voices on behalf of dangerous and disturbed men.”

The union said it had hired a “top flight team of lawyers to sue the Met for wrongful arrest, among other things”.

“The police need to be taught a lesson that they cannot allow themselves to be continually manipulated by woke activists,” it added.

A Crown Prosecution Service spokesperson confirmed it had reviewed the case file and decided “no further action” would be taken.

Linehan said he had to be taken to hospital on the day of his arrest. Pic: PA
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Linehan said he had to be taken to hospital on the day of his arrest. Pic: PA

In one of his posts, Linehan wrote: “If a trans-identified male is in a female-only space, he is committing a violent, abusive act. Make a scene, call the cops and if all else fails, punch him in the balls.”

Another was a photo of a trans-rights protest, with the comment “a photo you can smell”, and a follow-up post saying: “I hate them. Misogynists and homophobes. F*** em”.

A Met Police statement after the case was dropped acknowledged “concern” around Linehan’s arrest.

It added: “The commissioner has been clear he doesn’t believe officers should be policing toxic culture war debates, with current laws and rules on inciting violence online leaving them in an impossible position.

“As a result, the Met will no longer investigate non-crime hate incidents.

“We believe this will provide clearer direction for officers, reduce ambiguity and enable them to focus on matters that meet the threshold for criminal investigations.”

What is a non-crime hate incident?

A non-crime hate incident (NCHI) involves an act perceived to be motivated – wholly or partly – by hostility or prejudice towards someone over a particular characteristic, such as their race, disability, sexual orientation, religion or transgender identity.

They can often take the form of abusive or insulting social media activity which doesn’t meet the threshold for a crime. For example, there is no physical threat to someone, or an incitement to harm them.

For something to be a hate crime, it has to be an actual offence – such as an assault, vandalism, harassment, or threats – motivated by prejudice against someone with one of the characteristics listed above. The Home Office advises a “common sense” and proportionate approach to police recording an NCHI.

It says “even where the speech is potentially offensive, a person has the right to express personally held views in a lawful manner” – including through controversial humour and satire.

An NCHI should only be recorded against someone if it will mitigate a real risk of significant harm in the future, or of a criminal offence being committed.

Linehan said on his blog that he was arrested by five armed officers and had to go to A&E after his blood pressure reached “stroke territory” during his interrogation.

Police said the officers’ guns were never drawn and were only present as Linehan was detained by the aviation unit, which routinely carries firearms.

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What you can’t say online

JK Rowling, who’s regularly shared her views on women’s rights in relation to transgender rights, was among those who had criticised the arrest, calling it “utterly deplorable”.

Reform’s Nigel Farage, shadow justice secretary Robert Jenrick, and ex-foreign secretary Sir James Cleverly also hit out at the treatment of Linehan.

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Maccabi Tel Aviv fans will not be able to buy tickets to Aston Villa match next month, Israeli club says

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4 hours ago

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October 20, 2025

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Maccabi Tel Aviv fans will not be able to buy tickets to Aston Villa match next month, Israeli club says

Maccabi Tel Aviv fans will not be able to buy tickets to their club’s match with Aston Villa next month, the Israeli club have said.

In a statement, they said: “The wellbeing and safety of our fans is paramount and from hard lessons learned, we have taken the decision to decline any allocation offered on behalf of away fans and our decision should be understood in that context.”

It comes after the UK government said it was exploring what “additional resources and support are required” to allow “all fans” to attend.

Supporters of the Israeli side had been told last week they would not be allowed to go to November’s game in Birmingham after a decision by Birmingham’s Safety Advisory Group (SAG).

The group – made up of local stakeholders, including representatives from the council, police and event organisers – said the decision was due to a high risk of violence based on “current intelligence and previous incidents”.

Maccabi Tel Aviv said the club believed “football should be about bringing people together not driving them apart” and that it had “been working tirelessly to stamp out racism within the more extreme elements of our fan base”.

However, it added: “Unfortnately those issues are not restricted to Israeli football, and they are problems the sport has been grappling worldwide including in the UK.”

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Ex-England footballer Stuart Pearce’s son Harley dies in tractor crash

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10 hours ago

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October 20, 2025

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Ex-England footballer Stuart Pearce's son Harley dies in tractor crash

The son of former England footballer Stuart Pearce has died in a crash, his family has said.

Harley Pearce, from Marlborough in Wiltshire, was driving a tractor near Witcombe, Gloucestershire, on Thursday, when he was involved in a collision, police said.

The 21-year-old farming worker died at the scene, on the A417 Old Birdlip Hill in Witcombe, around five miles from Gloucester.

No other vehicles were involved, Gloucestershire Constabulary said. Emergency services were called to the scene of the incident at about 2.30pm on October 16.

Stuart Pearce at last year's FA Cup Final at Wembley. Pic: PA
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Stuart Pearce at last year’s FA Cup Final at Wembley. Pic: PA

Harley Pearce was 21 and worked in farming, according to reports.

‘Our shining star’

In a tribute posted on Facebook, Harley sister, Chelsea Pearce, said the family was “truly shocked and utterly heartbroken at the loss of our cherished son and devoted brother, Harley”.

He was, the family said, was a soul “who left an unforgettable imprint on all who knew him”.

“He was a golden boy with an infectious smile, and this shocking tragedy will leave a huge hole in the hearts of those who were fortunate enough to have known him.”

He had “a quiet, understated strength and deep kindness”.

The family said they were “so proud of the young man he had become, exhibiting a wonderful work ethic and entrepreneurial spirit in the farming industry.

“He will always be our shining star. Rest in Peace, our beautiful son and brother. You will never, ever be forgotten.”

What have police said?

Harley ran his own company, Harley Pearce Agricultural Service, talkSPORT said.

Gloucestershire Constabulary said on Thursday: “The driver of the tractor, a man in his 20s and from Wiltshire, was pronounced dead at the scene.

“His next of kin are aware and being supported by specially trained officers.”

The force is appealing for any witnesses or anyone with dashcam footage to contact them.

‘Tragic news’

Harley’s father, Stuart Pearce, played 78 times for England and was part of the Three Lions squads which reached the semi-finals of the 1990 World Cup and Euro 96, the FA said on its website.

He was later the head coach of the England Under-21s.

During a long club career, he made more than 400 appearances for Nottingham Forest, many of them as captain, during a 12-year spell at the City Ground.

He later managed the club, as well as another former club, Manchester City.

Pearce currently works as a pundit on talkSPORT, which said on its website that Harley and Chelsea were the two children he had with his ex-wife Liz.

Presenter Jim White said during a broadcast on Monday that “everybody here on this show and at talkSPORT sends our heartfelt condolences to the family of Stuart Pearce after that tragic news we’ve just heard”.

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Several of the clubs he played for posted tributes on X, including Forest, who said they were “deeply saddened”.

The club said: “The thoughts of everyone connected with Nottingham Forest are with Stuart and his family at this truly difficult time.”

West Ham United said: “We are saddened to hear of Harley Pearce’s passing.

“Everyone at the Club sends their deepest condolences to Stuart and his family at this tragic time.”

Manchester City said: “Everyone at Manchester City sends their love and thoughts to Stuart and his family at this very difficult time.”

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