Philip Hammond confirms he will borrow more and look at tax changes in ‘no deal’ December 5, 2018 Philip Hammond has confirmed the government would be forced to borrow billions more and consider tax changes to counter the economic impact of no deal. Appearing before the Treasury Select Committee on Wednesday, the Chancellor said the onus would be on the government to keep blood in the veins of the economy as the Bank of [...]
Brexit legal advice: No way out of the backstop without a trade deal December 5, 2018 The UK will be locked in a customs union with the EU even if other ways of avoiding a hard border with Ireland are found, according to the government’s top lawyer. The secret legal advice given by the Attorney General to the Cabinet on the proposed Brexit deal makes it clear the UK would struggle to [...]
Three simple answers to the UK’s productivity puzzle December 5, 2018 With political and policy attention focused almost entirely on one complex puzzle, it is easy to forget that there are others requiring urgent attention. Today's Business, Energy and Industrial Strategy (Beis) select committee report is a timely reminder that government action on the productivity puzzle is long overdue. Britain’s growth in productivity lags behind our [...]
No-deal Brexit is ‘default option’ if May’s withdrawal agreement voted down, says Leadsom December 5, 2018 A no-deal Brexit would be the “default” outcome if parliament votes against the Prime Minister’s Brexit deal next week, according to the leader of the House of Commons. “Unless government were to do something completely different to change tack, or indeed to pass this deal, then we will be leaving the EU on 29 March [...]
The EU has hit a home run with the most one-sided treaty in history December 5, 2018 In baseball, a game unfamiliar to many in the UK, when a player hits a home run it is normally considered good manners – and a sign of respect for your opponent – not to gloat, but to run the bases quickly without admiring the ball as it clears the fences, and certainly without making [...]
DEBATE: In light of the ongoing court case, should ‘ethical veganism’ count as a protected belief? December 5, 2018 In light of the ongoing court case, should “ethical veganism” count as a protected belief? Beth Hale, technical director at CM Murray, says YES. It is likely that Jordi Casamitjana, the claimant in this case, will be successful in persuading the tribunal that “ethical veganism” is a protectable belief under the Equality Act 2010. Provided he can show [...]
Fixing the rail system means putting passengers first December 5, 2018 The headlines yesterday that Govia Thameslink Rail (GTR) must spend £15m on passenger improvements to hold onto its franchise will be welcome if overdue news for the droves of commuters whose lives were made hell during the timetable chaos earlier this year. The Department for Transport labelled GTR’s performance “unacceptable”, and has not only decreed [...]
Theresa May suffers historic defeat as Parliament takes back control of Brexit December 4, 2018 Theresa May suffered a humiliating series of blows on Tuesday as the government was found in contempt of Parliament for the first time in history and MPs backed a rebel amendment to her key Brexit legislation. During a day of high political drama the pound fell at one point to its lowest level against the dollar [...]
Nigel Farage quits Ukip over anti-Muslim policies and link with Tommy Robinson December 4, 2018 Nigel Farage has dramatically quit Ukip in protest at the party’s anti-Muslim policies under leader Gerard Batten. The former Ukip leader slammed the appointment of far-right activist Tommy Robinson as an adviser and the party’s “fixation” with Islam. Writing in the Daily Telegraph, Farage said he was leaving Ukip “with a heavy heart” due to [...]
Why a river of dirty money flows through the United Kingdom December 4, 2018 Britain first passed a law allowing for the creation of limited-liability companies – described by the Economist in 1999 as “the key to industrial capitalism” – in the mid-19th century. They quickly exploded in popularity. Those arrangements are now under close scrutiny, after landing at the heart of the money-laundering scandal that has enveloped Danish [...]