EU referendum: Michael Gove says there will not be an economic shock from Brexit in contrast to IMF, WTO and World Bank April 19, 2016 The International Monetary Fund, World Trade Organisation and World Bank are all wrong according to justice secretary Michael Gove, who has said there would be no economic shock after a Brexit vote. Speaking ahead of his EU intervention later, Gove said that there would not be a short-term shock from Britain leaving the EU, nor [...]
Osborne sparks a Tory backlash: Furious MPs blast Treasury report as chancellor George Osborne claims he’s given Britain the facts on EU referendum April 19, 2016 The Treasury's forecasts that UK households will be £4,300 worse off a year by 2030 if we leave the European Union were slammed by eurosceptics yesterday, with MPs calling the chancellor’s report “pathetic” and “desperate”. The split between pro- and anti-EU members of the Tory party widened into a chasm after the Treasury’s analysis claimed that a [...]
Meeting adjourned: Public Accounts Committee slams Home Office representative for turning up to meeting about confiscation orders seemingly underprepared April 18, 2016 The Public Accounts Committee (PAC) criticised "disappointing" progress on confiscation orders today, before adjourning a meeting early after a Home Office representative did not appear ready to discuss previously agreed points. The PAC took evidence from Mark Sedwill, permanent secretary at the Home Office, Mick Creedon, chief constable of Derbyshire Police and national lead officer for Serious and Organised Crime, [...]
How Brexit would affect the UK’s pharma, auto, financial services, digital, professional, steel and aerospace sectors, according to the Treasury April 18, 2016 The Treasury's 200-page report on the impact of a Brexit on the UK economy looks at exactly how bad things could get for certain sectors. You might not agree with it, but this is what the government's bean counters estimate will happen to some of the country's biggest and most important industries. Pharma The sector, [...]
EU referendum: Treasury’s Brexit claims rubbished by Vote Leave MP John Redwood April 18, 2016 Conservative MP and Vote Leave campaigner John Redwood has rubbished the Treasury's claims that a Brexit would cost each household £4,300 a year as "absurd". Last night it emerged the government department's analysis into the impact of the UK leaving the European Union – which was published today – would show that Britain's national income could be six [...]
EU referendum: This is what the Treasury thinks will happen if we vote for a Brexit April 18, 2016 A day after revealing its top line (and allowing plenty of time for the pro-Brexit camp to offer their arguments against it), the Treasury has released its 200-page report into the impact leaving the European Union will have on the UK. In it, the government department argues that whichever way you cut it, "the UK’s [...]
Dilma Rousseff impeachment moves up to senate after congress votes to remove Brazilian president April 18, 2016 Brazil has taken a step closer to the impeachment of its President Dilma Rousseff, with more than two-thirds of the congress voting for the case to be taken to the senate. The vote, which was overseen by lower house speaker and political rival Eduardo Cunha, ended late on Sunday night with 367 of the 513 deputies [...]
Treasury to weigh in on debate over economic cost of Brexit April 17, 2016 The Treasury will weigh in on the debate over the economic cost of a Brexit tomorrow, with chancellor George Osborne expected to use its report to trumpet the campaign to stay. Its analysis regarding the economic impact of Britain's exit from the European Union is set to be followed by a speech from Osborne, according to media reports. The report will [...]
Sir Beefy backs a Brexit from the EU and calls for closer trade with the Commonwealth April 17, 2016 The campagin for a British exit from the European Union has received the backing of legendary cricketer Sir Ian Botham. The former England all-rounder, known as Beefy, branded the EU “a racket” that the UK funds with £50m a day. In a scathing attack on Brussels he said money sent to the EU “gets swallowed up [...]
EU referendum: Quiz – Can you guess where these celebs stand on Brexit? After Ian Botham backs Leave campaign, do you know which famous faces have spoken out – and on which side? April 17, 2016 Ian Botham is the latest famous face to throw his cricket cap in the ring on Brexit, in what's been called a "coup" for the Brexit campaign. The cricketer nicknamed "Beefy", who was also a big backer of Shredded Wheat and buying British meat if his TV advert appearances are anything to go by, has called the whole Brussels [...]