Rolling coverage of the day’s political developments as they happen, including the start of Theresa May’s national tour to try to win support for her Brexit deal
Despite a ruling passed by the House of Commons, the Tories are to withhold the legal advice for Brexit. Says it all really.
without trying to sound stupid...the parliamentary debates regarding Brexit are already televised...doesn't this constitute a televised debate about Brexit?
At this point my position on it all is pretty much that I still don't agree with the EU as it exists. I also still think that Brexit was always perfectly attainable, I never expected to walk out on day one surrounded by treasure chests of gold etc but the idea that the UK couldn't operate without being in the EU has always been and remains a fairly ludicrous one.
That was never in question, of course the UK can operate outside of the EU.
What you're confusing here is the leave claim that we'd be able to magic up some miracle deal with rainbows and unicorns that was somehow going to be better than the trading terms we currently have and have been building upon within the EU framework for the last 40 years.
That's why it'd be interesting to see how things would pan out if we stayed in the EU as much as leave, the issues that come with both won't have been addressed and won't go away and for the EU Brexit is just one effect of a growing issue it faces that as yet it's shown little movement on addressing.
We currently pay into the EU (after the rebates we negotiated) £8.6 billion (2016 figures), this is a net loss of between £32.4 billion and £142.4 billion (or £623,000,000 to £2,884,615,384 a week).
Tell me again where this £350,000,000 a week Brexit windfall for the NHS is coming from.
Now ask yourself where the shortfall in tax revenues due to that reduction in GDP is going to be made up from.
We currently pay into the EU (after the rebates we negotiated) £8.6 billion (2016 figures), this is a net loss of between £32.4 billion and £142.4 billion (or £623,000,000 to £2,884,615,384 a week).
Tell me again where this £350,000,000 a week Brexit windfall for the NHS is coming from.
Now ask yourself where the shortfall in tax revenues due to that reduction in GDP is going to be made up from.
Well now it simply HAS to be stopped from going through at all costs. The insanity has now turned into a very real tumour than needs slicing out and incinerating, along with all the people that suggested and started this madness in the first place.
Technically by 2023/24, from 2016/17 the NHS budget will have increased by a lot more than £350m per week so the government already has that box ticked... it's just doing that had little to do with Brexit.
Rolling coverage of the latest economic and financial news, as BoE governor Mark Carney defends his latest Brexit scenarios
The Bank of England is getting shredded for its doomsday analysis of No Deal. Personally, whilst I'm fully expectant that it would deliver a sharp economic hit I'm wary of quite extreme projections because they've been flat out wrong so far.
Carney has attempted to backtrack his comments. They ask him what will happen when MP's vote down the deal and he says he won't talk about hypothetical situations which displays the gross stupidity on show here. Still, it's expected to further pressure May to back down.
Carney has attempted to backtrack his comments. They ask him what will happen when MP's vote down the deal and he says he won't talk about hypothetical situations which displays the gross stupidity on show here. Still, it's expected to further pressure May to back down.
Not planning for the undesired outcome is what got us into this mess in the first place!
Yvette Cooper calls May's bluff on the No Deal scenario and May Matrix bends to dodge the bullet in MP question time which is showing that May shows an unwavering determination... on dodging answering anything at all.
Meanwhile, net migration from the EU to the UK has reached its lowest levels in six years
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