Mark Carney warns no-deal Brexit shock would be ‘instantaneous’ August 2, 2019 Bank of England governor Mark Carney has hit back at accusations that he is stirring fear about Brexit, warning that the UK would be hit by an “instantaneous” economic shockwave if it cannot strike a deal with the EU. Carney said this morning it is “not helpful” to deny the challenges that a no-deal scenario [...]
A truly radical and pragmatic Prime Minister would let parliament get a cat August 2, 2019 Parliament is infested with vermin. According to an internal report seen by the MailOnline, the Westminster war on mice is being lost, despite £111,498 spent on pest control last year. As political conundrums go, this one has an obvious solution: allow cats on the parliamentary estate. Lots of them. Practical, inexpensive, and ruthlessly effective, this [...]
Boris Johnson’s majority cut to one after Liberal Democrats win Brecon and Radnorshire by-election August 2, 2019 The Liberal Democrats have won the seat of Brecon and Radnorshire from the Tories in a by-election, leaving Prime Minister Boris Johnson’s new government with a majority of one. Lib Dem candidate Jane Dodds beat incumbent Conservative Chris Davies by 1,425 votes, overturning a majority of 8,038. Read more: Boris Johnson at odds with Leo [...]
Populism is back, and the Democratic candidates are veering left August 2, 2019 The Democratic primary is heating up – and some of the policy proposals are as red as fire. This week, 10 hopefuls took to the stage in Detroit, for the second debate leading up to the 2020 presidential election. And what we saw was an extreme ebbing and flowing of liberalism and socialism, raising serious [...]
Chinese army in Hong Kong releases anti-protest video August 1, 2019 China’s army in Hong Kong has released a video that shows its forces engaged in riot control, in what has been seen as a warning to protesters in Hong Kong. The video, which was released yesterday and is now circulating on social media, contains captions such as “All consequences are taken at your own risk” [...]
Boris Johnson faces first electoral test as polls open in Brecon and Radnorshire by-election August 1, 2019 Boris Johnson faces his first electoral test as Prime Minister today as voters head to the polls in the Brecon and Radnorshire by-election. The by-election in the Welsh seat has been called following a recall petition by residents against the incumbent Tory MP Chris Davies following his submission of a false expenses claim. Read more: [...]
Here’s one simple tax trick that Boris Johnson could borrow from Donald Trump August 1, 2019 It’s been great to see the new government hit the ground running, and even better to see it focus on a hugely important idea which our think tank has been beating the drum for: incentivising business investment. Britain likes to think of itself as a business-friendly country. We have slashed corporation tax. We have a [...]
Sajid Javid unveils extra £2bn to ‘turbo-charge’ no-deal Brexit preparations July 31, 2019 Britain’s new chancellor Sajid Javid has announced an extra £2.1bn of funding to “turbo-charge” preparations for a no-deal Brexit, including money to ensure the “continuity of vital medicines”. Read more: Irish central bank: No-deal Brexit would see growth plummet From the money, £1.1bn will be provided to departments and devolved administrations immediately, while £1bn will [...]
New £300m no-deal Brexit freight plan risks legal delays, experts warn July 31, 2019 A new £300m plan to acquire additional freight services in the event of a no-deal Brexit risks descending into chaos because of the government’s pledge to leave the EU on 31 October, experts have warned. Fears have been raised that the government could be forced into another high risk freight procurement process because of Boris Johnson’s commitment [...]
Emily Thornberry: Labour would be ‘off our rockers’ not to campaign for Remain July 31, 2019 Emily Thornberry has said Labour would be “off our rockers” not to campaign to remain in the EU regardless of whatever Brexit deal was negotiated. The shadow foreign secretary said any Brexit deal – whether it was one negotiated by the Tories or Labour – should be put before a public vote, and that Labour [...]