No, Nissan’s move is not proof that Brexit will be a disaster February 7, 2019 I should have known better. In my last column, I tempted fate and wrote about the good economic news which the UK continued to experience, wondering out loud if Brexit could bring any bad news. Then it happened with one word: “Nissan”. No sooner had it been announced that production of the Nissan X-Trail would not, [...]
Sadiq Khan ‘falling short’ on housing after new home registrations fall by 10 per cent February 7, 2019 London mayor Sadiq Khan has been accused of "falling short" on housing targets after it emerged that new home registrations in London dropped 10 per cent last year to just over 16,000. There were 16,069 new home registrations in 2018, down from 17,932 the year before, according to the National House Building Council (NHBC), a [...]
Fire, brimstone and Brexit….it’s all getting a bit theological February 6, 2019 Given that the Brexit debate has touched on every element of our lives from food security to house prices, it was perhaps inevitable that it would end up as a theological discussion. And so it came to pass, yesterday, when EU Council President Donald Tusk told a press conference that he ponders about “a special [...]
Jean-Claude Juncker shoots down Theresa May’s backstop renegotiation plan February 6, 2019 Theresa May’s hopes of securing changes to the Brexit backstop have been dealt a serious blow by European Commission President Jean-Claude Juncker. In a press conference in Brussels on Wednesday afternoon, Juncker ruled out replacing the controversial plan with “alternative arrangements” – a move backed by UK MPs last week. He also refused to accept [...]
Greg Clark: Tariffs should remain in no-deal Brexit February 6, 2019 Tariffs would remain in a no-deal Brexit, business secretary Greg Clark said today after reports that fellow cabinet member Liam Fox would slash import duties in such a scenario. Speaking to the Business, energy and industrial strategy select committee this morning, Clark said he would examine such a policy but that it could have a [...]
Donald Tusk: Special place in hell for clueless Brexit campaigners February 6, 2019 There is a special place in hell for Brexit campaigners who had no plan for how the UK should leave the EU, the European Council President has claimed in an astonishing intervention. Donald Tusk made the jibe in a press conference alongside Irish Prime Minister Leo Varadkar in Brussels, in which he reiterated the Brexit withdrawal [...]
Big business needs to step up and take the reins of leadership from the politicians February 6, 2019 I wanna be the leader I wanna be the leader Can I be the leader? Can I? I can? Promise? Promise? Yippee I’m the leader I’m the leader OK what shall we do? Roger McGough did not know how prescient his poem was. The days of Churchill, Thatcher and Mandela are gone. Whether you agreed [...]
Britain needs more competition to get the railways back on track February 6, 2019 When the word “privatisation” is mentioned in the same sentence as “rail”, even some Tories feel a spurt of red go through them. At the forefront of their minds must be the fact that the broader public – about 56 per cent – have expressed support for nationalisation. But when asked why it is that people [...]
Charity Commission issues official warning to IEA over legal breaches in Brexit report February 5, 2019 The charities regulator has issued an official warning to the Institute of Economic Affairs (IEA) for breaking charity law in a report about Brexit. The Charity Commission today censured the Westminster think tank for a report into the post-Brexit economy in the UK, which was published in September but has since been taken down. Read [...]
May vows to avoid hard Ireland border as she seeks changes to Brexit deal February 5, 2019 Theresa May sought to reassure Northern Irish business leaders today that she will not allow a Brexit deal to create a hard border in Ireland. Delivering a speech in Belfast, the Prime Minister said her commitment to avoiding a hard border between Northern Ireland and the Republic of Ireland is “unshakeable”. Read more: Chris Grayling: [...]