More hyperbole from the London Evening Standard

Today’s leader column in the Daily Osborne London Evening Standard ends with this: "There is no escaping the simple economic truth: outside of a customs union, the cost of the things we buy will go up. The opportunities for British firms to sell abroad will be reduced. Britain will have consciously engaged in the biggest act of protectionism in our history." Continue reading

WATCH: Former Met Commissioner, Lord Hogan-Howe, voted for Brexit. Find out why

Lord Hogan-Howe, the former Metropolitan Police Commissioner, gave a great speech in the House of Lords yesterday explaining why he voted for Brexit. If you think that the UK's security is at risk when we leave the EU, listen to what Lord Hogan-Howe has to say about it. Here's an extract: "Concerns have been expressed about our future security, but our security is built on a strong military, intelligence and policing infrastructure. However, I argue that maintaining all these does not require the UK to be a member of the EU. In defence, our military strength depends on our own investments and innovation, together with those of our allies. Our major military bulwark is NATO. It does not rely on Europe but it does rely on America." Continue reading

WATCH: Lord Cavendish of Furness defends Brexit

in an excellent speech in the House of Lords yesterday, Lord Cavendish of Furness proudly defended Brexit against the attacks of Remoaner Peers. This is how he concluded his speech: "Since the dawn of time, far earlier than the Magna Carta, in these soggy islands—places of such beauty and enduring romance—it was established that we would be governed by consent and not by diktat. The settlement has at intervals been challenged by the Norman invasion, by the Stuarts and, dare I say it, by families like my own, who from time to time got out of control and had to be reined in. These same people I met on the campaign trail also understood why their ​parents and grandparents suffered and gave their lives so that we, their successors, could enjoy the golden benefits of the rule of law and breathe the sweet air of freedom. I have inherited their passion and, in consequence, ask for this Bill to be given safe passage." Continue reading

Gove is right. We do risk becoming an outdated "VHS economy"

According to the Daily Telegraph, Michael Gove has said that Britain risks becoming an outdated "VHS economy" if it accepts calls by big business for the UK to be closely aligned with the EU after Brexit. He's right. The CBI is about as corporatist as it gets. Those big businesses who run the CBI love all the rules and regulations cascading from Brussels. It prevents many rivals from entering the marketplace. The CBI wants barriers to free trade. The CBI is a 1980s car phone in a smartphone age. The CBI, of course, does have its supporters in Government. Philip Hammond being its main cheerleader. Here's a section from today's Telegraph: Continue reading