The chancellor, Philip Hammond, says Britain could transform its economic model if deal with EU is unsatisfactory(15/01/17)
In an interview with the German newspaper Welt am Sonntag, Hammond said that if Britain were closed off from European markets after leaving the EU, it would consider abandoning a European-style social model with European-style taxation and regulation systems, and “become something different”.
The chancellor made his remarks in response to the suggestion that “the impression on the European continent is that your government sees the future business model of the UK as being the tax haven of Europe”. Read the full interview in Die Welt am Sonntag
EU negotiator wants 'special' deal over access to City post-Brexit (13/01/17)
The EU’s chief negotiator in the Brexit talks has shown the first signs of backing away from his hardline, no-compromise approach after admitting he wants a deal with Britain that will guarantee the other 27 member states continued easy access to the City.
Michel Barnier wants a “special” relationship with the City of London after Britain has left the bloc, according to unpublished minutes seen by the Guardian that hint at unease about the costs of Brexit on continental Europe - twice as many euros are traded in London than in the 19 countries of the single currency combined. Read the full article in The Guardian
QUEEN DID ATTACK EU ‘Grumpy’ Queen DID have a go at me over the EU, former Deputy Prime Minister Nick Clegg finally claims(13/01/17)
The ex-Deputy PM has told friends Her Majesty attacked the 28 country union during a lunch with him. She accused the rise of Brussels for downgrading the role of the Commonwealth, which she leads.
Mr Clegg previously denied any dust up with the 90-year-old monarch when The Sun first broke the bombshell story that revealed her strong Euroscepticism. Read the full story in The Sun
Brexit will be good for universities, Oxford’s new Head of Brexit strategy says(12/01/17)
British universities will establish global networks and recruit the world's "best and brightest" students outside of the European Union, Oxford University's head of Brexit strategy claimed yesterday.
Speaking publicly for the first time since his appointment in December, Professor Alastair Buchan told the Education Select Committee that membership of the EU had "sidelined" Canadian and American researchers who used to come to work at British universities, as freedom of movement made it easier to recruit Europeans. Read the full article in the Daily Telegraph
Businesses could be hit with annual £1,000 charge for every skilled EU migrant they bring in after Brexit(11/01/17)
Businesses could be hit with a £1,000 annual charge for every skilled EU worker they employ after Britain leaves the European Union, a minister has said. Robert Goodwill, the immigration minister, suggested that the Government is considering extending the charge which will apply to non-EU citizens from April to EU migrants.
The move is designed to encourage companies to "train our own people" and reduce the levels of migration instead of relying on foreign labour. Read the full article in the Daily Telegraph
UK in ‘Front Seat’ for US Trade Deal, top Republicans confirm(10/01/17)
Following Brexit, the UK will be in the “front seat” for a new trade deal with the U.S. under the Trump administration, senior Republicans have confirmed.
Senate Foreign Relations Committee Chairman Bob Corker made the declaration after meeting British Foreign Secretary Boris Johnson, who said he was confident the UK would be “first in line” for such a trade deal, the BBC reports. Read the full story on Breitbart London
UKIP's leader Paul Nuttall interviewed on Daily Politics show
Paul Nuttall spoke to Daily Politics presenter Jo Coburn - along with Conservative MP Nadhim Zahawi and Labour MP Lucy Powell - about poll ratings, policies and political defections. Watch the 9 min interview
'We’re leaving' Marr slaps down Sturgeon for thinking UK can remain in single market(08/01/17)
Scotland’s First Minister was dealt the blow after repeatedly threatening to hold a second independence referendum if her demands for single market access are not met. During the interview on the BBC’s Andrew Marr Show, the host told Ms Sturgeon, in no uncertain terms, that Britain’s vote to Leave included exiting the EU’s free trade agreement.
In a 50-page documented titled “Scotland’s Place in Europe”, which it released in December, the Scottish Government proposed a “differentiated” Brexit arrangement from the rest of the UK. Read the full article in the Daily Express
Brexit economic experts are like medieval doctors with leeches - pseudoscience to trick the layman(09/01/17)
Mark Carney and City economists prophesied a 'technical recession' but Britain has grown faster since the vote. How could they get it so wrong?, asks Daniel Hannan. Read the full article in the International Business Times
Assuring EU citizens of right to stay 'would lose UK negotiating capital'(09/01/17)
The UK would lose “negotiating capital” in Europe if it unilaterally granted EU citizens the right to remain after Brexit, the government has said.
In a letter to a group of EU citizens from the office of the home secretary, Amber Rudd, the government said it “recognises that EU nationals make an invaluable contribution to our economy and society”. Read the full article in the Guardian
Bank of England admits 'Michael Fish' moment with dire Brexit predictions
The Bank of England has admitted its dire warnings of a downturn in the wake of the Brexit vote were a “Michael Fish” moment and said that the economics profession was now in “crisis”.
Andy Haldane, the Bank of England’s chief economist, said there was a “disconnect” between political warnings about Brexit and the “remarkably placid” state of the markets, adding that the worst predictions may turn out to be “just scare stories”. Read the full story in the Telegraph
Manufacturing accelerates on export boom as factories ramped up output in December at levels not seen since 2014 (03/01/17)
British factories ramped up output in December as strong export and domestic demand stimulated growth in the manufacturing sector, according to an influential private sector survey. Sterling’s weakness since the referendum has made UK-produced goods more attractive internationally, helping the industry rebound from a spell of uncertainty following the Brexit vote.
The purchasing managers’ index (PMI) put together by IHS Markit hit 56.1, its highest level since mid-2014. Any index score of above 50 indicates the sector is expanding. Read the full article in the Telegraph
Afghan who beheaded Dutch woman is allowed into Britain... where he assaulted a Gatwick staff member and two police officers with a HAMMER(05/01/17) Note: the Single Market comes with freedom of movement to all EU citizens....
A convicted murderer from Holland was able to walk through Britain’s porous borders without any checks and went on to attack two police officers with a claw-hammer. Afghan-born Jamshid Piruz was allowed to enter the UK unchallenged despite being sentenced to 12 years in jail for slaughtering his female tenant in cold-blood after watching a Taliban beheading video. Fury erupted after it emerged that the jobless 34-year-old was the latest in a string of foreign criminals to commit horrific offences in Britain after exploiting EU free movement rules. Read the full story in the Daily Mail
Brexit: banks consider whether to start moving business out of UK(03/01/17)
Brexit could have an impact on the City in the coming months as banks decide whether to implement contingency plans to ensure they retain access to the remaining 27 EU member states by moving business out of the UK. A surprisingly well-balanced article from the Guardian
Population of Britain is set to overtake France within 13 years due to high immigration
Britain's population is set to overtake that of France within 13 years because of the impact of high immigration, EU estimates have said. Numbers of people living here will top French levels in 2030 and will keep rising to make Britain the most populous country in Europe by 2050, they predicted.
The key reason why the British population is going up so quickly compared to that of neighbouring countries is immigration, according to the projections from Eurostat. Read the full article in the Daily Mail
The Establishment is on trial, and the verdict is guilty(09/12/16)
The British Constitution is an oxymoron. Its being unwritten is an advantage if it is executed by men of goodwill who respect its spirit. In the hands of scoundrels it is an instrument of tyranny. That public for too long accorded an undeserved deference to politicians, judges and commentators who brought this country to its knees under the pressure of mass immigration, fiscal incompetence, judicial indulgence of criminality (though not of Christian bakers) and globalist anti-patriotism. Read this excellent indictment of the judiciary and the Establishment in the light of their resistance to Brexit Reaction Life
UK will create 400,000 jobs if it quits the customs union as part of Brexit talks, analysis finds(03/01/17)
Britain will become a “beacon of global free trade” and create nearly 400,000 new jobs if it quits the customs union as part of the Brexit negotiations, it has been suggested.
An analysis by Change Britain, a group with the backing of Michael Gove, said that leaving the European Union’s customs union and striking trade agreements with just eight foreign countries will create hundreds of thousands of jobs in manufacturing and service industries. Read the full article in the Telegraph
Sir Andrew Green: Single market membership means more mass immigration(29/12/16)
Excellent article by Sir Andrew Green of Migration Watch on what continued membership of the Single Market will mean for immigration and the resulting impact on the UK. The best bit is at the end when he says: "even now, it seems that elite opinion has still not woken up to the enormity of what all this means for our country as a whole. The well-off inhabitants of Islington, whose properties have shot up in value, who have easy access to cheap nannies and who can afford private health insurance, might well look on complacently. But those large numbers who voted for Brexit did so for good reasons." Read the full article on Conservative Home
Remoaner Paddy Ashdown ludicrously claims Brexit is 'similar' to the rise of Hitler(02/01/16)
The peer and former Liberal Dem leader branded Brexiteers as “dispossessed and voiceless” as he compared the rise of Hitler in Nazi Germany in the 1930s to the referendum result. He made the outrageous claims during an interview on the BBC’s Pienaar’s Politics show.
Speaking alongside Vote Leave and key Brexit campaigner Iain Duncan Smith, Lord Ashdown said: “I’m deep into the 1930s and boy does this age remind me of the 1930s. Read the full article in the Daily Express
23rd June 2016 - our greatest triumph for Party and Nation
Look back on 2016 and watch David Dimbleby announce to the nation on the morning of 24th June that we voted to leave the EU. He brings glad tidings and great joy! Watch the 1 min video
Big business groups vow to make Brexit a success(01/01/17)
Britain's five biggest business groups have joined forces for the first time and promised to make a success of Brexit as the UK starts the process of leaving the European Union.
In a letter to The Sunday Telegraph, the five organisations, which speak for companies employing more than half of workers in the private sector, around 13 million people working in manufacturing, services, construction and agriculture, pledged to work with firms from “all corners of Britain”. Read the letter and article in the Telegraph
Why Nigel Farage is the Daily Express 'Man of the Year'(29/12/16)
The scale of Nigel Farage’s achievement means that he is the only possible contender for the title of Daily Express “Man of the Year”, writes Leo McKinstry. He ends:
'The lurid propaganda about Farage could hardly be more wrong. He is a traditional patriot and democrat who believes in our self-governance. The real extremists are those who want to destroy our nationhood. But they lost in 2016, thanks to him. Our liberated country will be eternally in his debt.' Read the full article in the Daily Express
International Trade Secretary Liam Fox welcomes £16billion investment in Brexit Britain as sign businesses are confident about future(30/12/16)
Trade Secretary Liam Fox has hailed £16billion of foreign investment in British industry as a huge “vote of confidence” in Brexit Britain. The splurge by international firms comes a day after the value of Britain’s top companies hit a record level on the London stock market. Read the full story in the Sun
Lidl invests in post-Brexit Britain with a £70m headquarters and 5000 jobs
Lidl is to create 5,000 jobs in London and invest £70 million in a new UK headquarters in the latest victory for the post-Brexit economy. The German budget supermarket said the jobs are part of plans to open nearly 250 new stores in London as it pushes ahead with a three-year £1.5 billion UK investment plan.
Meanwhile Lloyd's of London expects to hire just a few dozen staff on the Continent after Brexit – despite warning that the vote could force 34,000 jobs overseas. Insiders said the Remain-backing 328-year-old insurance market – a key part of London’s financial scene – would set up a European subsidiary with around 50 employees. They believe this will allow it to maintain access even if the UK reaches no trading deal with the EU and our relationship with Brussels sours. Read the full story in the Daily Mail
Laura Kuenssberg says source told her the Queen backed Brexit(26/12/16)
The BBC’s political editor, Laura Kuenssberg, has reignited the row over whether the Queen was in favour of Brexit, saying a source told her before the referendum that the monarch made comments supportive of leaving the EU. Nine months after the Sun sparked controversy by publishing a headline, “Queen backs Brexit”, in March, Kuenssberg recalled what a contact had told her. Read the full story in the Guardian
'Clean Brexit' could save UK £450m a week, claims pro-leave group(27/12/16)
A pressure group backed by a string of former Vote Leave campaigners from Michael Gove to Gisela Stuart has claimed that exiting the EU with a “clean Brexit” could save the country £450m a week. During the referendum campaign, Vote Leave controversially argued that leaving the EU would leave an extra £350m a week to spend on the NHS. But research from Change Britain goes a step further by arguing that a complete break with the EU could be even more beneficial. Read the full article in the Guardian
French town to get 'Brexit street' to pay 'tribute to the sovereign British people' says Front National mayor(27/12/16)
A French town is to christen one of its streets "rue du Brexit" in a move its far-Right Front National mayor says is to "pay tribute to the sovereign British people" who chose to leave the European Union. Read the full story in the Telegraph
UK moves up 'best for business' list #despiteBrexit fears
The UK has moved up the list of the best countries in the world to do business - despite wider fears over how Brexit could hit trade and slow economic growth. It climbed from tenth to fifth in the annual chart published by US publication Forbes. Read the full article on Sky News
All I want for Christmas is... an ultra-hard Brexit (and nine other pro-growth policy wishes)Graeme Leach is chief executive and chief economist of macronomics, a macroeconomic, geopolitical and future megatrends research consultancy.
Here is my Christmas wish list for Santa. Ten policy measures which, if implemented, would make future growth prospects truly joyous, with Christmas every day of the week.
But these are also economic policy measures Santa won’t be too familiar with, as he boards his sleigh somewhere north of the Nordic economies. I don’t pretend these are politically possible today, I merely suggest them as a way to substantially improve prosperity in the long term. Read the full article in City A.M.