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Category: BREXIT

The betting markets respond to Johnson’s Charles the First Move

The betting markets respond to Johnson’s Charles the First Move

A no deal brexit seen as more likely UK seen as more likely to leave by Oct 31st My view is that this is Downing Street’s response to the agreement yesterday between all the opposition parties on the best way of stopping no deal. Number 10 can see the challenges ahead so why not use what power it has to curtail parliamentary time? The question is now how will opposition parties and Speaker Bercow react to what is clearly a…

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How special is special? The US-UK relationship

How special is special? The US-UK relationship

Be honest. How many G7 summits do you remember? How many are little more than talking shops with the same old photos of largely the same old characters? Last year’s summit, for instance, was mostly memorable for that photo of a defensive obstinate Trump surrounded by an exasperated Merkel and others. And this year? We have the sight of Trump showing off his latest pet, our very own Prime Minister, laughing a little too keenly  at the President’s bon mots (or…

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If O’Mara does quit as an MP on September 3rd the ensuing by-election will be a backcloth in the build up to October 31st

If O’Mara does quit as an MP on September 3rd the ensuing by-election will be a backcloth in the build up to October 31st

The timing might not help BJohnson The Sheffield Hallam MP, Jared O’Mara, has made it clear that as soon as the Commons returns from its summer break he will step down thus triggering what could be an interesting by-election in Nick Clegg’s old seat. Labour are already throwing everything at defending their great victory there at GE2017 while a full LD by-election operation is already in place. Assuming that the by-election is called almost immediately, then polling day could coincide…

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The coming Battle of Brighton could determine the fate of Brexit

The coming Battle of Brighton could determine the fate of Brexit

If Labour sticks to its current fudge of a policy, No Deal is the likely outcome Conferences don’t usually matter. These days, they’re mostly occasions when the party can try to sell itself and its policies to the media and the public – a glorified party political broadcast, if you like – while also acting as a bonding exercise for members of that party. It doesn’t always work out like that of course, but those are the primary aims. For…

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Why they just don’t put up a hard border in Ireland

Why they just don’t put up a hard border in Ireland

From Topping, who served there with the British Army during the Troubles It was sobering listening to Simon Byrne, a bluff Northerner and current chief constable of the Police Service of Northern Ireland (PSNI), this morning on the radio opining on the practicalities of policing a hard border should it be required. He feared a return to a paramilitary style of policing and how, with his 7,000 policemen, it would be impossible to fulfil such a remit. At the height…

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A man of principles. Boris Johnson and the EU

A man of principles. Boris Johnson and the EU

If consistency is the sign of a small mind, then Boris Johnson must have a brain the size of a planet. For he has slid from position to position on the EU like Bambi on ice. In 2003, he opened a speech to the House of Commons, in which he advocated Turkish membership of the EU, thus:  “It is hard to think of a measure that the Government could have brought to the House that I could support more unreservedly…

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The Season of Myths

The Season of Myths

As we approach witching hour, a handy cut-out and keep guide to some of the more common Brexit myths. Britain will be in good company outside the EU. There are lots and lots of countries outside the EU, mostly surviving, many thriving happily, say Leavers. What are we so afraid of? Well, yes, there are. The majority in fact. (Though not the majority of countries in Europe.) But it’s a false comparison. The number of countries who have been in…

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What will the UK interest rate be at the end of 2019?

What will the UK interest rate be at the end of 2019?

I really don’t know much about economics and the intricacies of how and interest rates are set by the Bank of England, looking at this market from Paddy Power is a bit like pinning the tail on the donkey for me. My theory on this market is that is Project Fear turns out to be very close to Project Reality then Sterling will seriously and quickly tank as we head to No Deal. The only time I can remember a…

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