Changes to data protection laws to unlock post-Brexit opportunity – GOV.UK

A raft of common-sense changes to the Data Protection and Digital Information Bill will build an innovative data protection regime in the UK, crack down on benefit fraud cheats, and allow the country to realise new post-Brexit freedoms while delivering new economic opportunities to the tune of 5.9 billion.

The changes include new powers to require data from third parties, particularly banks and financial organisations, to help the UK government reduce benefit fraud and save the taxpayer up to 600 million over the next five years. Currently, Department for Work and Pensions (DWP) can only undertake fraud checks on a claimant on an individual basis, where there is already a suspicion of fraud.

The new proposals would allow regular checks to be carried out on the bank accounts held by benefit claimants to spot increases in their savings which push them over the benefit eligibility threshold, or when people send more time overseas than the benefit rules allow for. This will help identify fraud take action more quickly. To make sure that privacy concerns are at the heart of these new measures, only a minimum amount of data will be accessed and only in instances which show a potential risk of fraud and error.

Another measure offers vital reassurance and support to families as they grieve the loss of a child. In cases where a child has died through suicide, a proposed data preservation process would require social media companies to keep any relevant personal data which could then be used in subsequent investigations or inquests.

Current rules mean that social media companies arent obliged to hold onto this data for longer than is needed, meaning that data which could prove vital to coroner investigations could be deleted as part of a platforms routine maintenance. The change tabled today represents an important step for families coming to terms with the loss of a loved one, and takes further steps to help ensure harmful content has no place online.

The use of biometric data, such as fingerprints, to strengthen national security is also covered by the amendments, with the ability of Counter Terrorism Police to hold onto the biometrics of individuals who pose a potential threat, and which are supplied by organisations such as Interpol, being bolstered.

This would see officers being able to retain biometric data for as long as an INTERPOL notice is in force, matching this process up with INTERPOLs own retention rules. The amendments will also ensure that where an individual has a foreign conviction, their biometrics will be able to be retained indefinitely in the same way as is already possible for individuals with UK convictions this is particularly important where foreign nationals may have existing convictions for serious offences, including terrorist offences.

Maintaining the UKs high standards of data protection is central to both the wider Bill and the proposed amendments which have been laid today.

Secretary of State for Science, Innovation and Technology, Michelle Donelan, said:

Britain has seized a key Brexit opportunity boosting small businesses, protecting consumers and cracking down on criminal enterprises like nuisance calling and benefit fraud.

These changes protect our privacy and data while also injecting common sense into the system - whether it is cracking down on cookies, scrapping pointless paperwork which stifles productivity, tackling benefit fraud or making it easier to protect our citizens from criminals.

These changes help to establish the UK as a world-leading data economy; one that puts consumers and businesses at the centre and removes the one-size-fits-all barriers that have held many British businesses back.

The Bills focus is to create an innovative and flexible data protection regime which will maintain the UKs high standards of data protection, streamline processes for companies, strengthen national security, and support grieving families. Making it easier to use personal data which will improve efficiency, lead to better public services, and enable new innovations across science, innovation, and technology.

Secretary of State for Work and Pensions, Mel Stride MP, said:

These new powers send a very clear message to benefit fraudsters we wont stand for it. These people are taking the taxpayer for a ride and it is right that we do all we can to bring them to justice.

These powers will be used proportionately, ensuring claimants data is safely protected while rooting out fraudsters at the earliest possible opportunity.

Home Secretary, James Cleverly, said:

My priority is to continue cutting crime and ensuring the public is protected from security threats. Law enforcement and our security partners must have access to the best possible tools and data, including biometrics, to continue to keep us safe.

This Bill will improve the efficiency of data protection for our security and policing partnersencouraging better use of personal information and ensuring appropriate safeguards for privacy.

The amendments tabled today show the practical steps being taken by the UK government to improve how the nation uses and accesses personal data, capitalising on the UKs departure from the European Union to introduce measures which will protect the public purse, strengthen national security, and offer important support to grieving families.

These amendments will also help the Bill realise its ambition of bulldozing burdens for businesses and removing restrictions for researchers, ensuring new advances in science, innovation, and technology can be fuelled by more practical ways to access data.

Full list of amendments tabled can be found here.

These amendments will be considered by the House of Commons at Report next Wednesday (29 November).

Further information on the Data Protection and Digital Information Bill can be found here.

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Changes to data protection laws to unlock post-Brexit opportunity - GOV.UK

Brexit backer Dyson says hypocrisy claim over HQ move abroad … – Reuters

James Dyson arrives at the High Court in London, Britain, November 21, 2023. REUTERS/Hollie Adams Acquire Licensing Rights

LONDON, Nov 21 (Reuters) - James Dyson, the billionaire inventor of the bagless vacuum cleaner, told London's High Court a 2022 newspaper column that branded him a hypocrite who had "screwed" Britain was "not only wrong but incredibly harmful" to his reputation.

Dyson is suing Daily Mirror publisher MGN over print and online articles by Brian Reade that lambasted him for moving the global head office of his company from Britain to Singapore after championing the economic benefits of Brexit.

Under the headline: "Message to young folks today is that cheats do prosper", Reade included Dyson in a rogues' gallery of people whom it was alleged had acted illegally or dishonestly, the 76-year-old said in a witness statement published on Tuesday.

Dyson said that, as someone who had invested heavily in Britain and its young people, he found the criticism "particularly damaging and distressing".

MGN argued in its defence that an honest person could hold the opinion that Dyson was a hypocrite, given he had publicly supported the benefits of Britain leaving the European Union and then moved his company's global head office abroad after Brexit.

Dyson's approach to the lawsuit was "wholly disproportionate and abusive" and MGN would seek to have the case thrown out of court at the end of the trial, MGN's lawyer Adrienne Page said in court filings.

Dyson's company, which makes vacuum cleaners, air purifiers and other appliances, said in January 2019 it was moving its corporate office to Singapore to be closer to its Asian markets.

It said at the time the move was not driven by Brexit or by tax, with much of its product development remaining in south west England.

Dyson said on Tuesday that Asia was "logically" the right place for the company, giving its manufacturing and much of its sales were there.

"The decision to establish the global headquarters had nothing to do with Brexit at all, nor did it conflict with or render hypocritical my previous statements, let alone amount to me screwing the country or setting a poor moral example to young people," he said in his statement.

"It simply reflected the long-term commercial reality of Dyson's global business operations."

Reporting by Paul Sandle Additional reporting by Sam Tobin Editing by Mark Potter

Our Standards: The Thomson Reuters Trust Principles.

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Brexit backer Dyson says hypocrisy claim over HQ move abroad ... - Reuters

Confidence in UK economy lower than at Brexit referendum – Proactive Investors UK

About Jessica Davies

Jessica has spent 15 years covering private and public markets, business, law and investment in the transition to cleaner energy.She spent several years as an editor at Dow Jones, covering private equity and private markets, where she led the team that broke the news of alleged misuse of funds at Abraaj Group. During her time at the company, she sat on the Women @ Dow Jones committee.She also spent four years as an editor and journalist at Centaur Media PLC covering investment in... Read more

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Confidence in UK economy lower than at Brexit referendum - Proactive Investors UK

Brexit-hating Manfred Weber launches WAR of words on Spain as … – Montana Right Now

Europhile and Brexit hating Manfred Weber has hit out at Spain and its dealing with Catalan separatists for power. Wading into the domestic policies of the country, Weber raged: "When corruption, violence and even terrorism go unpunished, it breaks the rule of law. "When people in Spain are no longer equal before the law, it breaks Rule of Law. We will not be silent about what is happening in Spain."Spain is currently in the throes of political turmoil which is threatening to spill into the EU. Prime Minister Pedro Sanchez has been attacked by European conservatives, including Weber accusing him of undermining the rule of law of the EU by offering an amnesty to Catalan separatists for political support. Following months of a political statement since a chaotic July election, Sanchez announced a deal with the Catalan separatists. Sanchez is seeking to form a minority government with their backing. But the deal has not gone down well in the EU with some suggesting that the deal would set a dangerous precedent. Weber said: "Spanish civil society, lawyers organizations, the highest court, they are all worried about the breakdown of the rule of law in Spain following the government agreement. "This is not a party issue, it's a rule of law issue. The left is silent in this House, but Europe is not."The EU has been accused of meddling in domestic politics by socialist allies of the Prime Minister. Socialist lawmaker Iratxe Garca, who leads the Socialists group in the Parliament, told reporters over the weekend during a party gathering in Mlaga, Spain. Citizens voted and the majority in Spain say that they dont want a government between conservatives and the far-right.Yesterday, the new cabinet of Prime Minister Pedro Sanchez take office and attend first meeting after forming new government. Sanchez, who won a vote in parliament to clinch another term last week after months of negotiations, added nine new faces to the 22-person cabinet.Spain's King Felipe swore in the new cabinet in which most of the senior ministers retain their positions.

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Brexit-hating Manfred Weber launches WAR of words on Spain as ... - Montana Right Now

The autumn statement shows Britain can’t afford Brexit – The New European

After weeks of leaks, Jeremy Hunts autumn statement held few surprises. Nor is it particularly shocking that the chancellor will attempt to keep Brexits impact on the UK economy out of the debate in the days to come.

No amount of personal or business tax cuts will undo the damage that Brexit has done and continues to do to our economy, said the European Movement UK after Hunts speech. The true extent of the economic damage of Brexit will take 15 years to fully materialise. The National Institute of Economic and Social Research predicts that by 2035 the economy will be between 5-6% smaller than it would be if we had not left the European Union. This means that if it were not for Brexit our economy would be much stronger than the economic picture presented by the chancellor in the autumn statement.

According to the group, Brexit is already costing each person in the UK about 850 a year and the situation is only going to worsen. The cost is set to reach 2300 per person, per year over the next decade. In a report released last week, the National Institute of Economic and Social Research (NIESR) estimated that this will increase to 5 to 6% of GDP a year (around 115-135 billion at todays prices) by 2035.

Britain cannot afford Brexit. Budget tinkering cannot hide that elephant in the room, said Sir Nick Harvey, CEO of European Movement UK. He added: If Jeremy Hunt wants to set the UK back on a path to growth and put more money in British pockets, he should announce a clear medium-term plan to get the UK back in the single market and invite other parties to sign up to it. That plan would take time to deliver. But it would start to restore investor confidence overnight.

Last week, the European Movement UK published its Business Impact Report detailing the post-Brexit experiences of over 1700 businesses. Just over 93% of businesses surveyed said that Brexit has affected them negatively, while 95.5% said that they would benefit from regaining access to the EU Single Market.

According to the EM UK, if the UK was still a member of the European Union todays autumn statement could have addressed the cost-of-living crisis, the impact of Covid on our economy and the inflation crisis. Instead, there was a Brexit-shaped elephant in the room.

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The autumn statement shows Britain can't afford Brexit - The New European

Brexit is not the problem, Europe’s lack of liquidity is – The TRADE – The TRADE News

The UK and the European Union must stop focusing on post-Brexit divergence and convergence and re-align their interests to tackle stagnant flows in Europe in comparison with the US and Asia.

That was the key takeaway from the FIX conference that took place in Paris earlier this week. Since their split at the start of 2020, Europe and the UK have been focused on emerging as the victor of Brexit with home of the European financial hub to be in either the City of London or Paris.

However, at what cost? As noted by panellists and audience members on Tuesday, the more important conversation to be had is how to boost volumes and liquidity in Europe. In a live poll asking whether regulatory change could devastate Paris or favour London in the coming years, around 72% of the audience voted no. In other words, its not a zero-sum game to be won.

The thing that will likely devastate Europe if not taken in hand is the level of fragmentation in the region made worse by Brexit and the stunted growth it has seen in the last few years. Unlike the US and Asia, Europe has produced stagnant volumes year on year, driven by several macroeconomic factors and a suffering IPO market.

Contributing to this lack of liquidity is the fact that a growing list of firms are now competing for a portion of a pie that itself is not growing alongside said list. Market structure in the US and Europe is starkly different. Europe has three times the number of exchanges, 10 times the number of listing venues and 20 times as many post-trade providers.

Speaking to this, Simon Dove, managing director, head of liquidity at Instinet, said: The challenge in Europe is that while competition has been positive it has also driven fragmentation which can make us less attractive versus the US and Asia. At the moment were all talking about volume how do we get more volume?

Brexit has created additional frictional cost for a market that is already struggling. And the EU and UK firms must create a game plan as to how to grow the region together as opposed to continue fighting over the remaining scraps.

Its a big world, Simon Gallagher, head of global sales at Euronext and chief executive of Euronext London, told The TRADE. There is interest in the UK and Europe as neighbours as we compete against the US and Asia. Its a realisation on both sides that we need each other and need to get creative with a symbiotic relationship. Its the last thing Europe needs, putting extra frictional cost into the system.

Brexit the good and the bad

The UKs departure from the European Union, while costly thanks to the need for duplicated services to support European clients, has also had some relatively positive impacts on the way that firms on either side of the channel operate. The conclusion its not been as bad as everyone thought it was going to be from a trading perspective.

From a trading perspective, the markets were well equipped [for Brexit], said one individual who wished to remain anonymous. The situation is less drastic than we expected. Not much has changed, apart from perhaps the way some firms communicate with the sell-side.

While many predicted the impacts of Brexit could have been catastrophic, the reality is that financial services in Europe were previously skewed too heavily towards the City. Many participants have subsequently suggested that the spreading of volumes to new centres such as Paris and Amsterdam have in fact future-proofed the resilience of the markets.

The benefit for the overall industry is that were more resilient. We have two financial centres instead of one, said one panellist.

Also noted during the Paris FIX conference, was the suggestion that many European firms were appreciative of the increased on the ground and local coverage that Brexit had enforced. Some individuals called it the natural next step for markets.

Financial services were over-centred in London. Clients appreciate that firms have more local coverage, said another panellist. Having an extra step between Paris and London is another link in the chain. The way the desk is set up you have the same methods of communication whether youre in a different room or different city. Nothing has really changed; there hasnt been a duplication of roles.

That is not to say of course that Brexit has been all roses. Thanks to the requirement for European firms to be serviced by European entities, institutions have been forced to duplicate their operations on the either side of the channel. While this hasnt necessarily resulted in the duplication of personnel and roles it has meant a duplication of implementation costs, a moving of infrastructure into the Bloc and increased cost around connectivity and compliance with regulation.

This unsurprisingly has proved to be an expensive and arduous process and has created an environment where larger firms that can shoulder the cost more easily have thrived, perhaps even sparking some of the consolidation seen in the last few years.

It is also likely to encourage further outsourcing. Noted during a panel exploring consolidation and competition during FIX Paris, was a recent piece of research that found that 20% of firms in Europe had outsourced part of their dealing activities and a further 20-25% were exploring doing so.

Brexit created unnecessary costs for end investors. There is a cost attached to implementation decisions made post-Brexit and this favours larger players, said one individual.

Read more Carrot or stick? How the EU plans to reduce reliance on UK CCPs for derivatives clearing

One part of the post-Brexit tussle that does have the potential to hamper institutions is the proposed active clearing account mandates suggested by EU regulators at the end of 2022. In December, the European Commission published a proposal as part of Emir 3.0 regulation that would require all participants to hold active accounts at European CCPs for clearing at least a portion of certain derivative contracts.

The decision has been argued against by many institutions and trading associations who claim the move will hamper competition in Euro-denominated products by encouraging participants to take certain uncompetitive prices just to meet a minimum threshold of activity.

The mandate to clear on EU houses will bifurcate liquidity in cleared swaps, said one individual at FIX Paris on Tuesday. Thats an attention point for us and we will be watching it carefully. It could increase costs and decrease liquidity.

This is certainly true and something to watch. However, FIX panellists and speakers were united in their stance that further splitting liquidity between the two regions is not the answer to the problem. Brexit is not, and should not, be the problem. The issue is adding new growth and liquidity to the region. And as close neighbours, the UK and the European Union should be facing issues around global volumes as one.

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Brexit is not the problem, Europe's lack of liquidity is - The TRADE - The TRADE News

A house divided against itself cannot stand: chaos over Brexit – North East Bylines

Part 1 Part 2 Part 3

A House divided against itself Cannot Stand is a famous speech by Abraham Lincoln in 1858. For a country to be prosperous and successful it must cohere and find common ground. Countries that choose confrontation and wedge issues are less successful, especially over the long term. America was descending into chaos at the time, and the American Civil War started a few years later. Once the War was over, the US cohered, entered a period of unprecedented growth, becoming the worlds dominant power some decades later.

This piece will not only look at how chaos/coherence played out over Brexit, but look over a longer period and makes one major recommendation.

As weve seen, the referendum was incredibly divisive. Could the UK cohere and form cross-party or even Tory Party consensus after the shock of a Leave victory? Sadly no. The chaotic period after the Brexit referendum has been comprehensively covered in The Parliamentary Battle over Brexit by Meg Russel and Lisa James, with a good summary on Raf Behrs pod Politics on the Couch and also in the TV series: Laura Kuenssberg: State of Chaos. The ongoing Covid Enquiry also paints a view of utter chaos in Downing St. when Johnson was PM, which had significant implications for Brexit (See Prof Chris Greys Brexit Blog What the Covid Inquiry tells us about Brexit).

Britain was about to enter its most difficult challenge since WWII: negotiating Brexit to gain the best deal possible for the UK against a much stronger adversary, the EU. Did Britain understand its relative negotiating strength or the battle lines? It seems not. The road to a successful Brexit went as much through Dublin as Brussels. Yet there was minimal understanding of this in London, particularly in Brexit Circles. The wicked problem was always going to be Northern Ireland and how to protect the Good Friday Agreement after Brexit. It was almost totally ignored during the referendum campaign.

An excellent early book on Brexit is Chris Cooks Defeated by Brexit (serialised in Tortoise Media). The very first lines are: The Brexit negotiations are not really about the UK and 27 other countries they are about Britains long and troubled relationship with Ireland. And while Dublin was prepared for that, it took London completely by surprise.

Irish politics has always been more consensus-driven, and British politics more confrontational. This is partly cultural, but is primarily driven by the difference between the voting systems: FPTP in the UKs case and STV in Irelands case. The Brexit challenge, however, drove both countries towards extremes. The UK descended into chaos. Ireland was never more coherent and united. Ireland was well prepared and had near unanimity across government, all political parties, the civil and foreign service and broader society. The polar opposite of the UK, coherence rather than chaos.

It was difficult to see how Brexit would work if the EU held together. There was a Brexiter belief that Ireland could be the first to peel off. Unquestionably, Ireland would believe in Brexit, and surely Irexit would follow? The first domino, possibly followed by the Netherlands or Denmark? Surely a world-leading G7 country which held all the cards, would prevail over Ireland, totally dependent on Britain. Ireland, according to Brexiters, was a backwater which survived on exporting agricultural products to Britain. 90% of Irelands exports according to prominent Brexiter Digby Jones went to the UK.

Ten days after the referendum, I flew over to Dublin and could take the temperature. Would Irexit be on the cards? Apparently not, it seemed. In fact, the exact opposite. Brexit was considered a catastrophic mistake, but the UK was a sovereign country and could do as it wished (though there was deep disquiet about England bullying Scotland and Northern Ireland, which voted Remain).

Ireland being sucked back into the UKs orbit filled people with horror.

Later at a meeting at UCD there was unanimous agreement on the following

The only disagreement was the motivation of the DUP in supporting Brexit. It was entirely logical that Republicans would support Brexit, as discussed in post#3, but bizarre that Unionists would. Some argued the DUP never thought Leave would win, and that an orgy of British Nationalist flag-shagging was both irresistible and risk-free. Others that they secretly wanted a land border and destroy the GFA, which they hoped Brexit would deliver. Others thought it pointless to try to comprehend their 17th-century mindset.

There is a myth that the Irish are embittered and hate the English, but that is totally untrue. The Irish and English get along very well. Its only the Tories we dislike, and even then, there is understanding that for a functional democracy, there is a need for a centre-right party, in European terms, an European Peoples Party (EPP) party. We have our own one in Fine Gael. We could agree to disagree with the One Nation faction, people like Rory Stewart, Dominic Grieve Davids Gauke and Liddington, for example, but the swing of the Tory party to the far right was frightening and repellant. What little appetite there ever was for rejoining the UK vanished long ago. There is, of course, a lot of history, some in my piece here, but it is increasingly driven by pragmatism rather than emotion. A quick comparison will reinforce this point.

Comparing countries can be difficult. Fortunately, there are many well-respected international league tables. Economy, health, education and lack of inequality are clearly important. But there are other areas, such as the quality of democracy, freedom, press freedom, and lack of corruption. Given both Ireland and the UK consider themselves as trading nations (and the UK a great one), a trade comparison is also useful.

One standard measure for the economy is Gross Domestic Product (GDP) per capita, but that is not a good measure for Ireland. Gross national Income (GNI) is far less distorting.

On economy, health, education and lack of inequality, there is an international benchmark that uses GNI, the UN Human Development Index (HDI) and the Inequality-adjusted version the IHDI. On the HDI ranking the UK is 18th and Ireland 8th. On the IHDI ranking, the UK is 16th and Ireland 6th.

On democracy, the most respected measure is probably the Democracy Index produced by the Economist Intelligence Unit. This ranks the UK as 18th and Ireland 8th.

On freedom, possibly the best measure is the Human Freedom Index (HFI), produced by the Cato Institute, the Fraser Institute, and the Liberales Institut at the Friedrich Naumann Foundation. This ranks the UK 14th and Ireland as 5th.

On press freedom, Reporters without Borders produces an annual report: the World Press Freedom Index, which ranks the UK 26th and Ireland 2nd.

On corruption, a respected measure is the Corruption Perception Index produced by Transparency International, which ranks the UK 18th and Ireland 10th.

On trade, a straightforward measure is the export ratio. There are a number of trade databases; two of the best are the Atlas of Economic Complexity (Harvard) and the Observatory of Economic Complexity (MIT). I would recommend both, but for the latest data (2022) Ireland exports 50% of the UK in goods and 70% of the UK in goods and services.

Another measure is balance of trade. Ireland runs a major surplus and the UK a major deficit. Macrotends has Ireland with the 3rd largest trade surplus in 2022 and the UK the 3rd largest trade deficit. (+$198bn/-$107bn).

Ireland is a clear winner, consistently in the top 10 with the UK in the top 20, apart from the Press Freedom Index, which is troubling for the UK. The UK exports considerably more than Ireland, but with 13x the population. Per capita, Ireland exports about 6.5x the UK in goods and 9x as much in goods and services. Perhaps the UK is not the great trading nation it thinks it is? Particularly given the stark difference in balance of trade.

For a lot of the time, the chaos in Westminster was all-consuming, but the important battle was external rather than internal.

The battle was fought on two fronts: Brussels and Washington. Luck was on Irelands side, with the appointment of Barnier as chief EU negotiator. The European Peoples Party (EPP) was the dominant force in the European Parliament. Barnier was an EPP member, as was Fine Gael, the government party of Leo Varadkar and Simon Coveney. Barnier was also very familiar with Northern Ireland, so could hit the ground running. Networking was used to the full. The Tory party had foolishly left the EPP and gone to the Eurosceptic right. They were unplugged. The EU also managed to cohere over Brexit. Keeping the 27 together was Barniers main task. Leaving his brilliant deputy Sabine Weyand to manage technical details. The UK was totally outgunned, even worse, as Chris Kendall says in his blog From the outset, the UK has burned through goodwill as if it were an inexhaustible, ever-renewable resource.

Washington was the other front. Never underestimate the power of the Irish-American lobby (my analysis here). The Irish effort was coherent and compelling. The Brexiter one, the opposite. The Lead envoy for Brexit in the British Embassy in Washington Alex Hall Hall, resigned over the impossibility of her job. She related that Liz Truss as Foreign Secretary claimed in Washington a no-deal Brexit on Ireland would only affect a few farmers with turnips in the back of their trucks. The Americans were utterly unimpressed.

In the chaos, two deals were struck. I was pleasantly surprised by the May/Robbins deal, particularly in terms of defusing issues over the Irish Sea Border. It was a much harder Brexit than many Remainers liked and not enough for hard-line Brexiters. The DUP opposed it, much to Mays bewilderment (the suspicion they wanted a land border in violation of the GFA was reinforced), and the agreement failed to pass in parliament, leading to Mays resignation. The May/Robbins deal kept the entire UK inside the Single Market for goods until the UK wanted to diverge (probably never), in which case the NI Backstop would kick in. This meant no Sea Border. Given that May had ruled out FoM, this arguably split the Four Freedoms and was a significant concession from the EU. Many member states were unhappy. In any event, May could not get the Deal through. May fell, and Johnson became PM.

Enter the Johnson/Frost tag team, high on Get Brexit Done! and machismo bravado to show those foreigners Whats What!. This proved utterly ineffective and counterproductive. The oven-ready deal that was produced was hailed as a triumph and gave Johnson an 80-seat majority in the 2019 GE on 43.6% of the vote. Fatigue had set in, and many just wanted the Brexit nightmare to end.

Sadly, the Johnson/Frost deal was considerably worse for the UK than the May/Robbins deal and a very hard Brexit. Many EU capitals breathed a sigh of relief. It was highly asymmetric in the EUs favour, prioritising goods rather than services. It came with the NI Protocol. A front-stop rather than a backstop and the DUP were predictably extremely unhappy.

Ireland had succeeded in keeping its place fully in the EU and preventing a land border. The Johnson/Frost deal was so poor that no one got what they wanted apart from some Irish Republicans who voted for it. Since the Brexit Referendum the Irish economy has done very well, in contrast to the UK. Ireland achieved its goals of damage limitation but would have far preferred if Brexit had never happened.

A recent book from the EU perspective, and one of the best, is Stefaan de Ryncks, Inside the Deal: How the EU got Brexit Done (video here). There is a lot of detail, and it is much as keen observers might have expected. I survived mainly on a diet of anything produced by Tony Connolly (RTE), Chris Greys Blogspot, and Cakewatch (very good from the Brussels perspective). If, however, your information came from the right-wing press or even the BBC, the book will come as a revelation. The main takeaway is that London was so tied up in internal chaos (and, in the Frost era, delusional exceptionalism), that it never understood the rules of the game and was simply outplayed.

Brexit is the worst systemic failure of UK over the past 50 years. There is, however, a bigger picture and it is worth further exploring why Ireland has been so much more successful than the UK over that period.

After gaining my PhD, I moved from UCD to Sheffield University in 1981. At the time S. Yorkshire alone had a greater industrial output than Ireland, and Yorkshire a greater GDP. Now Ireland has an industrial output 75% of the entire UK and a GDP greater than Yorkshire and Humberside, the North East of England and Scotland combined.

Within the first week at Sheffield, I met an economist in the common room, who said all this heavy industry (coal and steel) would be gone within a decade, and the retraining costs would be astronomical. Ireland is in a perfect position to move to 21st century industries and could easily overtake the UK. Very perceptive, but the former miners and steel workers were not retrained, but left to rot, as indeed were much of the North of England and industrial parts of Wales, Scotland and Northern Ireland. Many areas have never really recovered.

The Economist Russell Jones in the Tyranny of Nostalgia, describes the lure of former economic greatness and examines the increasingly desperate search for a panacea over the past 50 years, with erratic changes in direction, of which Brexit was only the latest example (video here), that could arrest the nations relative decline and return the country to its supposed former glories. The Thatcher revolution was another major change in direction.

Ireland had a different path and the respected American economist Noah Smith has recently blogged How Ireland got so rich: Once an underdog, the Emerald Isle is now on top. The true picture is complex, but is there a silver bullet? In the simple Brexiter mind, the answer is obvious Ireland is a Tax haven (ignoring the fact that Ireland is not even in the top 10 and the UK, with its crown dependencies, is peerless, rated by Transparency International as the number 1 tax haven in the world).

Irelands success is down to coherence; instead of moving chaotically, it has made stable progress and has had consensual governance over the period. It is not without its problems, housing is a real issue, partially because the population is rising so rapidly via inward FoM. In 2016 for example, there were 122,515 Poles in Ireland; this per capita was about 70% more than the UK.

This coherence is due to a number of factors, but the silver bullet is probably the electoral system. Not only does the Irish system produce more proportional representation, with candidates needing broad appeal to get transfers. Running on wedge issues does not work.

The current Irish coalition government was elected with votes of about 70% of the electorate. Quite a contrast with the UK, where large parliamentary majorities can be obtained with a much lower share of the vote. The impetus for consensus is also testified to by the fact that the two largest coalition parties are bitter historical rivals who have set aside their differences to share power.

Irish constituencies have between three and five seats. STV maximises choice, voters mark their ballot papers 1,2,3 etc., in order of preference, between as many candidates (and implicitly parties) as they like.

In combination with relatively small constituencies, STVs focus on candidates additionally ensures that a strong constituency link is maintained and most voters have a choice of government and opposition representatives when it comes to raising issues. Indeed, a 1997 study found that Irish TDs (MPs) dedicate more time to constituency work than their British counterparts. This ability to mix proportionality and solid local links keeps the constituency element missing in some other forms of PR.

There are few safe seats and many strong local connections. Many of the big names did not get in on the first count in the most recent GE (2020): Leo Varadkar 5th count, Michel Martin 6th count, Simon Coveney 8th count and Neale Richmond 8th count. All needed broader appeal to get elected. Elections are far more competitive than in the UK FPTP system.

This series started with the GE of 2015 with a narrow Tory majority with 36.8% of the vote, leading to Brexit (part 1). The 2019 GE led to an 80 seat Tory majority on 43.6% of the vote and a hard Brexit. In neither case, a majority of the electorate. 2019 may have been exceptional, but appealing to one section of the population to the exclusion of the majority is democratically unsound.

Wedge issues and culture wars sadly work in the UK. The Tories are increasingly desperate. Wedge issues and culture wars seem to be all they have left. Polarization appears to be getting worse. Rwanda seems deliberately designed to throw red meat to the very worst instincts of many people and is bitterly divisive.

It does seem likely that Labour will win the next GE. That will be an improvement but will not solve the coherence problem. Britain has been left in such a mess after 13 years of Tory government that Labour could become unpopular very quickly and may only serve one term.

If there is a silver bullet, it must be Proportional Representation (PR) and ideally with the Single Transferrable Vote (STV), or what is sometimes known as ranked preference voting. Without the more consensual politics it engenders, Britain seems doomed to eternal division and continuing relative decline.

The series finishes with Part 5, How do We Fix this Brexit Mess?

This article was first published atProgressive Pulse.

Original post:

A house divided against itself cannot stand: chaos over Brexit - North East Bylines

Martin Coleman: UK merger control in the post-Brexit era – GOV.UK

Introduction

I have spent much of my career advising businesses on complex mergers. Now, as chair of the CMAs Panel of independent experts, I preside over a process that has had to adapt to considerable changes in markets and in how we think about competition policy. In both roles one thing has been very clear to me the power granted to decision makers to prohibit mergers is considerable and that power has to be exercised with great responsibility. I propose to talk about how we exercise that responsibility, in particular that we do so in a manner that is demonstrably independent, clearly evidence-based, and procedurally fair.

There are 3 aspects to independence: independence in how we assess mergers; freedom from government intervention and, particularly since Brexit, appropriate cooperation with, but independence from, other global competition authorities.

The UK system is unusual by international standards in that phase 2 decisions are made by independent experts who engage open-mindedly with the cases referred from phase 1. Their background as senior business people, leaders in the professions, academia and consumer advocacy, as well as competition policy, means that they bring strong contextual understanding of issues relevant to modern merger control. This is coupled with a good understanding of merger policy concerns and cutting edge economic and legal thinking, developed at the initial induction, reinforced by a continuous programme of training and knowledge dissemination, and supported by advice from CMA staff, who approach phase 2 without being tied to the phase 1 conclusion. Throughout this process the importance of challenge including challenge to the phase one decision and the views of members of the staff team is hard-wired into the culture of the Panel including through the working methods of individual inquiry groups.

The law requires that at least one member of the Panel must also be a member of the Board. This makes obvious sense given that important aspects of the regime, such as the substantive and procedural guidelines, are agreed by the Board and have to be taken into account by decision-making groups. I make this point because one or two people have suggested that having Panel members on the Board is in some way incompatible with independence. In fact, professionals are perfectly capable of exercising different types of responsibility within complex systems, and there is nothing unusual about decision-makers in specific cases being members of a body that has wider regime-wide responsibilities. For example, serving judges sit on the Sentencing Council which produces binding guidelines on sentencing for the judiciary.

Second, the panel is independent of government. Other than in exceptional public interest cases, there is no role for ministers in merger decisions. I am told by advisers that they are sometimes asked by a client if government lobbying will improve their chances of achieving a successful outcome in the phase 2 process. In my time on the Panel, no minister, official or special adviser has been in touch with group members or staff to seek to influence how a group should decide a merger case. And if this was to ever change, they would be given short shrift. Similarly, media commentaries on mergers are part of what we expect from a free press, but our decision-making is based on the evidence, not media sound bites. A merger party that has confidence in its legal and economic arguments should focus on those rather than wasting everyones time lobbying government which might suggest a lack of confidence in the underlying strength of the case that the CMA has to decide.

Third, the panel is independent of other agencies. We receive different messages concerning international alignment. On occasions we are accused of being too closely aligned with other agencies and at other times we are criticised for not being sufficiently consistent with others. Our position is this. We do not lobby other agencies to achieve a particular outcome and they do not lobby us. We recognise that in many cases parties and the process benefit from coordination with other jurisdictions, and we strive to achieve this where it is possible within the legal framework. This is why we generally seek to align our timing and processes with other agencies to the extent we can, and why we ask merger parties to provide waivers that facilitate the exchange of information with other agencies. But ultimately, we have our own statutory duties: to prevent anti-competitive mergers for the benefit of UK consumers. And where the evidence points to a particular outcome, we shall not hesitate to exercise our responsibilities even if that means diverging from other authorities.

Mergers regimes are forward looking. We seek to anticipate what would happen in a market if the merger proceeds compared to what might happen if it did not. As with all the CMAs work, our decisions are made on the basis of significant volumes of evidence and data and applying legal and economic principles.

In phase 2 investigations, this exercise is invariably complex. Clearly unproblematic mergers do not usually come to us. Obviously anti-competitive mergers are also the exception. The cases that we normally consider are between these extremes sufficiently likely to give rise to concern to justify an in-depth phase 2 review, but generally not so clearly problematic or irremediable that the advisers and boards of the potential merging parties consider it to be a likely waste of time, money and reputation to take forward.

The analysis of certain mergers in dynamic markets or ecosystems was recently suggested extrajudicially by the President of the Competition Appeal Tribunal to be an exercise in crystal ball gazing or guesswork (footnote 1).

But the fact that an analysis is forward-looking does not mean that it is akin to fortune telling. Our role is not to predict market outcomes but to assess how the transaction would be expected to affect the competitive process in a market. We are seeking to understand how far, and in what way, the merger will affect the incentive of the merger parties and third parties to compete and how that may play out in practice. There is never 100 per cent certainty, and the legal test does not require that there should be. The test requires us to consider whether a substantial lessening of competition is more likely than not a more than 50% likelihood. This involves applying judgement to evidence and data. This is as true in established markets as it is in new and developing markets characterized by dynamic competition. In each case one is considering a range of data and evidence and seeking to draw reasonable conclusions from this as to what is likely to happen if the merger was to proceed.

We regularly consider vast amounts of data, internal documents and other submissions. The volume of evidence has increased significantly over the past few years. It is now common to receive millions of documents from merger parties. As the volume of documents and data has increased, we are now also using artificial intelligence systems to help identify more quickly the most relevant material and patterns within material.

We are sometimes warned by merger parties to be sceptical about comments of third parties such as competitors and customers because third parties have their own commercial axes to grind. We are well aware of this, and we exercise appropriate scepticism. Of course, the main parties also (and quite properly) have commercial positions to defend, and we exercise similar scepticism when considering their arguments. This is why more objective and contemporaneous evidence, untainted by the prospect of the merger, can often be helpful, for example data about how markets have operated in the past and their trajectory for the future, in some cases survey data, and in some cases internal documents of the parties and third parties, for example, emails, internal reports, executive committee minutes and the like, particularly where these predate the planned merger.

One of the benefits of having Panel members who have worked at senior roles in large organisations or as leading advisers to businesses is that they understand the strengths and limitations of putting weight on internal documents. The documents have to be understood in context, they may be prone to exaggeration or understatement, and may be motivated by a desire to promote, or discourage, a particular project or development. We get that and we make judgements on the weight to be given such documents accordingly.

We are also sometimes told that such documents are irrelevant because the views of the CEO or other senior executives trump anything in internal documents, especially if given as part of sworn testimony. Again, we give weight to this, but it is not decisive. CEOs obviously play a very important role in setting commercial strategy but are nevertheless one part of a companys decision-making machinery. Opinions can change as organisational and external circumstances develop, and a particular senior executives predictions can be wrong. If there is a difference in the view of how a business or market may develop between what a CEO says and what may be indicated in internal documents or by other senior stakeholders, including sometimes senior executives of other businesses, we have to assess what the totality of the evidence shows. We consider all this in the round.

A good example of this is the Sabre/Farelogix investigation. At the time, we concluded from Sabres internal documents and likely commercial incentives that, absent the merger, it would have continued to develop its merchandising solutions business in competition with Farelogix. Sabre, in its response to our provisional findings, said that this conclusion was entirely fantastical and fundamentally flawed (footnote 2). A few months after we blocked the deal, the Sabre CEO announced that this is exactly what it was going to do, stating that they were working to develop essentially a Farelogix replacement (footnote 3).

Another area in which judgements sometimes have to be made is the weight to put on contracts where parties argue that contractual obligations mean that they would have no ability or incentive to lessen competition post-merger, for example because, in a vertical merger, they would be contractually required to supply customers who might otherwise be foreclosed. As with all evidence, such obligations must be considered in context. This is not just an exercise in contractual interpretation. The terms of contracts will reflect the relative bargaining power of the parties at a particular point in time and contract terms can be amended, waived, or renegotiated. They can be interpreted more or less narrowly. While contracts are an important element of commercial life, contractual disputes are certainly not unknown and, in some cases, the cost of breaching a contract, including reputational costs, could be lower than the commercial gain from the breach. Such decisions by contracting parties will be taken in circumstances that may be very different from those in which the contract was entered into. A merger party who enters into a contract as a lesser evil compared to the alternative of having their merger prohibited or more onerous remedies imposed, may, once the merger is cleared, decide that its commercial interests are best served by renegotiating contract terms or interpreting them in a narrow way that a weaker dependent trading partner may have difficulty in challenging.

To recognise this is not to cast doubt on the sanctity of contract but to acknowledge that, as all who have actually run businesses know, contracts are an important, but not the only, element in defining a commercial relationship. And, significantly for us as a competition authority, where we find that a merger may harm the dynamics of competition in the UK with adverse consequences for UK businesses and consumers, this may be too important to be left to just the commercial decision making of the contractual parties.

The phase 2 process has to achieve a number of objectives. It has to get to the right outcomes to protect competition and consumers in the UK without restricting mergers that will not have a harmful effect. It has to do this using a process that is fair to, and seen to be fair by, all concerned the merger parties certainly but also third parties who may be impacted by the merger. The process must be conducted as efficiently and cost effectively as it can taking into account the other objectives. And the businesses concerned, the CMA and markets more generally have an interest in ensuring that the investigation is concluded as speedily as it sensibly can be.

The parties have repeated opportunities to engage directly with decision-makers. The Group will read all of the written submissions and the parties will meet the Group at least three times in-person (at the site visit, the main party hearing and the remedies hearing) before a decision is taken. This is a considerably higher level of engagement than in most administrative regimes.

However, no system is so good that it cannot be improved, and the recent consultation on possible reforms to the phase 2 process have helped highlight a number of areas for improvement that I, and the other inquiry chairs, have been considering for a while. In particular, the desirability of enhancing the quality of interaction with the decision-making group; improving the level of feedback to the parties as the process develops; tempering the inquisitorial aspects of the system with more discursive approaches; and adopting a new approach to the discussion of remedies.

I will outline our thinking on this shortly and Colin will go into more detail in his presentation later this afternoon but I would first emphasise that, while it is important that the process is fair and efficient, the outcome of a phase 2 investigation may depend also on the strategy that businesses and their advisers decide to pursue. Our process allows for different ways to engage with the CMA from the outset. Brad Smith, the President of Microsoft, very fairly made this point in his recent comments on the Microsoft-Activision transaction when he said: I think we at Microsoft, quite rightly, should accept a level of accountability ourselves. We do, I do, for the fact that we didnt figure out earlier how to unlock this problem and solve it I accept the CMA criticism of Microsoft that we should have figured this out sooner. I wish we had. I think that is our responsibility (footnote 4).

I want to highlight four changes that I think will be especially positive from the Panels perspective.

First, we currently have a site visit early in the process. This is valuable in giving the Group members an opportunity to hear about the transaction and is an important early opportunity for the business people and the decision-makers to meet each other. We are proposing to add an additional opportunity at the beginning of the inquiry for the parties to present their views on the phase 1 decision to the Group in person. I believe this will be helpful to start focusing everyones attention on the key issues at an early stage and I hope will give the parties confidence that the Group is engaged with their arguments from the very start.

Second, we shall publish an Interim Report at an earlier stage of our investigation than the current provisional findings. While this will replace the provisional findings as the primary way in which we set out our provisional decision, it will by its nature be an earlier and less definitive statement of the case. We are conscious that when we publish provisional findings there is sometimes more of a focus on the word findings than the fact that they are provisional. Both in the timing of the Interim Report, and the way in which it is framed, we hope we shall more effectively convey the message that we remain open to evidence based arguments.

Third, we will have a revamped main party hearing at which the merger parties will have the opportunity to present directly to the decision-makers after seeing the full version of the case against the deal set out in the Interim Report if that is the groups provisional view. This will help address the concern that Parties do not have sufficient opportunity to make oral representations on the substance of the case after provisional findings. This hearing will give the group members an opportunity to question the merger parties but will also allow more time for the parties to make submissions and for the adoption of a more discursive approach. In my experience a dialogue between group members and the business people is invaluable in helping the group appreciate the purpose and potential impact of the merger.

Finally, throughout the process, it will be open to merger parties to discuss remedies with the Group at an early stage, if they so wish. This is true under the current process, but the revamped procedure seeks to draw this into the light a bit more and builds in a number of hooks that might serve as a prompt for parties to consider whether their overall commercial objectives might be best served by beginning remedies discussions. Early-stage remedies discussions should also be facilitated by the increased direct engagement with the Group, and hopefully a clearer and earlier understanding by the merger parties of the Groups concerns.

These are positive changes, but their success will depend on how merger parties decide to constructively approach the many choices that have to be made throughout the process, such as whether to request a fast-track case, when to offer remedies, and how to engage with the Group when the opportunities arise.

It is through this combination of fair and efficient processes and effective engagement with merger parties, other businesses and consumers that we are best able to identify competition concerns and prevent or mitigate them where necessary.

[1] The Rise of Ecosystem Theories: Where are we after Microsoft/Activision and Booking/etraveli?, UCL Laws. YouTube. https://www.youtube.com/watch?v=SkQ7wmC__aE

[2] Anticipated acquisition by Sabre Corporation of Farelogix Inc, CMA, 9 April 2020.

[3] Sabre CEO Sean Menke, Q3 2020 Results, Earnings Call Transcript, 6 November 2020.

[4] The Times, 3 November 2023.

Excerpt from:

Martin Coleman: UK merger control in the post-Brexit era - GOV.UK

Brexit has wiped Britain off the map – The New European

After touring the European Parliaments museum in Brussels, I lingered in the gift shop and saw the tea towels, decorated with a map of the European Union. There was something odd about it. You know that bit of the North Sea just north of France and east of Ireland? The last time I looked at a map, the United Kingdom sat there. On this map, theres only sea.

I was staying in Brussels with my son, Peter, and his Spanish wife, Raquel. Most of Peters British contemporaries went home soon after Brexit, as opportunities in Brussels diminished. Brits in Brussels tend to be a generation older than him (hes in his late 30s), and almost none are younger.

I think Ive dealt with one British colleague since Brexit, a Hungarian EU staffer tells me, and the only Brits Peter knows were there before Brexit.

His friendship group is very international. Among the first 10 people I met at a Halloween party, given by a Belgian and her Hungarian fiancee, I counted nine different nationalities. The predominant language was English, but I heard snatches of French, Spanish, and Dutch. Peter and I were the only Brits, and he is the only Brit at most social gatherings.

Raquel and many of their friends work for the European Commission, a career path blocked for Peter unless he acquires citizenship of an EU country. But Peter put down roots in the city before Brexit, learned French and Spanish, and acquired affection for, and understanding of, the European institutions.

Are we missed? A bit. One Maltese employee at the commission remembers with nostalgia the press review when the journalists mocked the spokespeople a very British thing.

But mostly they dont think about us much, and when they do, theres a sense of bafflement.

We in Lithuania so looked forward to joining, so happy to be allowed to join, yet you threw it away, said one commission staffer. We are Europeans thats made clear in Lithuanian schools but many of us love the UK. I had friends at home who cried when they heard about the Brexit vote.

Her Spanish colleague chimed in: For us, free movement was important, because we didnt have it in the 1950s and 60s. It was seen as a huge opportunity. She still struggles to understand why Britain has grown to hate it. Theres a sense of failure, of betrayal.

Youve left us alone with these lunatics, said a Swede, only half joking, for Sweden used to rely on British support to resist further integration.

But at least, surely, English remains the language in which the European institutions work?

Well, in a sense. The language in which the commission does its business, in which meetings are held and all official documents are written, looks every year less and less like the language you and I speak.

The British staffers used to protect it, to point out gently that this or that construction might sound fine in French or Spanish but it wouldnt do in the language of Shakespeare. But they are no longer there, and of the two remaining Anglophone nations, Ireland has chosen to nominate Gaelic as its official language, and Malta has nominated Maltese.

So a new language is developing, which may eventually be related to English only in the way that Yiddish is related to German, or Niois to Italian. It is developing just as a new language always develops, by using English words in French, Spanish or Italian constructions, and by importing words from European languages. Id be tempted to call it Eurish.

In Eurish, you do not attend a meeting; you assist a meeting, because the French word assister means attend. You dont plan a project, you have a planification. A deposit is a caution (because it is in French.) Spanish has contributed a planning for a schedule, formation for education, and actually for currently.

More are added each year.

Replacing English as the commissions working language would be difficult. But the French are taking the commission to court over certain examinations for commission posts being in English only; and increasingly its Eurish anyway.

The waters of the North Sea really are closing over the British. I should have bought that tea towel while I had the chance.

Continued here:

Brexit has wiped Britain off the map - The New European

Brexit: The research evidence conference – UK in a Changing Europe

Governance after Brexit is major research programme conducted over the past five years into fundamental issues thrown up by the UKs changing relationship with the European Union. This conference brings together leading academics supported by the programme to discuss their research findings with policymakers and commentators. It will range across the impact of Brexit on migrants and migration, its ramifications in Northern Ireland and its consequences for identities, social attitudes and public opinion. The conference will explore the causes and consequences of a generationally significant episode of recent UK history. You will also have a chance to hear a keynote from Stian Westlake, Executive Chair of the Economic and Social Research Council.

Conference Agenda

9:30 10:15 Keynote Introduction: Dan Wincott Governance after Brexit

Keynote: Stian Westlake Economic and Social Research Council (ESRC)

Chair: Anand Menon UKICE

10:15 11:30 Panel 1: Brexit, migrants and migration The ending of free movement was seen by both major parties as central to Brexit. It has had significant impacts on individuals who used pre-Brexit free movement rights, on the UK labour market, and on broader UK migration policy. This panel explores these impacts and the wider economic consequences.

Chair: Catherine Barnard University of Cambridge; UKICE

Panellists: Charlotte OBrien University of York [download slides] Nando Sigona University of Birmingham [download slides] Kezia Tobin The 3 million Ian Robinson, Vialto

11:30 12:00 Break

12:00 13.15: Panel 2: Brexit and Northern Ireland Brexit challenged Northern Irelands position in the UK, as well as the relationship between Great Britain, Northern Ireland, and the Republic of Ireland. This panel brings together experts and commentators who have explored the economic and political consequences of Brexit for Northern Ireland and the rest of the UK.

Chair: Jill Rutter UKICE

Panellists:

Michael Gasiorek University of Sussex [download slides] David Phinnemore Queens University Belfast [download slides] David Sterling Former Head of Northern Ireland Civil Service Mary C. Murphy University College Cork

13:15 -14:15 Lunch

14:15 15:30: Panel 3: Street-level Brexit

Brexit focused political attention on the UKs regional inequality. Levelling up appeared as the solution to the problems of the left behind, raising questions such as those around how people feel about where they live, as well as opportunities and promises for change. This panel discusses the changes people expected from Brexit and the impact they think it has had.

Chair: Jill Rutter UKICE

Panellists:

Tamara Hervey City, University of London [download slides] Matthew Wood University of Sheffield Adrian Favell University of Leeds Anoosh Chakelian New Statesman

15:30 16:00 break

16:00 17:15 Panel 4: Brexit what did people want? How has the public responded to the choices, dilemmas and trade-offs posed by actually delivering Brexit? Has the process changed political affiliations, loyalties and identities in Britain? What about peoples hopes and expectations about how democratic politics should now work? This panel examines how public attitudes have changed since Brexit.

Chair: Anand Menon UKICE

Panellists: Sara Hobolt London School of Economics [download slides] Meg Russell University College London [download slides] John Curtice University of Strathclyde; National Centre for Social Research; UKICE Sophie Stowers, UKICE

Continued here:

Brexit: The research evidence conference - UK in a Changing Europe

Brexit, Rishi Sunak, and the reason the U.K. is such a mess right now. – Slate

  1. Brexit, Rishi Sunak, and the reason the U.K. is such a mess right now.  Slate
  2. Behind Britains turmoil, an unfinished Brexit  The Christian Science Monitor
  3. Short or long stay, Brexit Britains challenges remain  The Hindu
  4. EDITORIAL ANALYSIS:Brexit-Britain's challenges remain - INSIGHTSIAS  Insights IAS
  5. View Full Coverage on Google News

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Brexit, Rishi Sunak, and the reason the U.K. is such a mess right now. - Slate

UKs Brexit divorce bill stood at 36.7bn in 2021, EU audit reveals

The UKs Brexit divorce bill stood at 41.8bn (36.7bn) in 2021, according to the EUs official auditors.

The European court of auditors annual report revealed that the UK was expected to make 10.9bn in payments to the EU during 2022.

The Brexit divorce bill was down from 47.5bn (41.7bn) in 2020, reflecting payments made by the British government.

Tony Murphy, the president of the European court of auditors, said the final amount the UK pays to the EU was not expected to change much. Overall its pretty stable; there could be some adjustment, but I dont think it will be that significant.

EU estimates of the Brexit financial settlement have tended to be higher than those of the British government, which forecast Brexit spending commitments between 35 and 39bn.

The Treasury, however, in July revised the Brexit bill upwards by 5bn, from 37.3bn to 42.5b, blaming the rising cost on meeting the UKs obligations to pay EU staff pensions.

The Brexit financial settlement largely consists of EU projects the UK agreed to co-fund during its time as a member state, a category worth 28.6bn, according to the court of auditors. The second largest component, 14bn, is the cost of EU staff pensions, reflecting liabilities incurred during Britains 47 years of membership. Smaller elements include loan guarantees offered by EU member states, including the UK, to countries such as Ukraine.

When Britain left the EU on 31 January 2020, it had agreed a way to calculate the divorce bill, but not a figure. The final total depends on variables such as projects being cancelled, actuarial estimates changing, and EU loans going bad.

The report was published amid an improvement in EU-UK relations. Liz Truss, in contrast with her domestic troubles, smoothed relations with European neighbours last week by attending a European summit in Prague that brought together EU and non-EU countries to discuss the war in Ukraine.

Archie Bland and Nimo Omer take you through the top stories and what they mean, free every weekday morning

EU diplomats, however, say they have few illusions about her stance on the EU. The governments emollient tone on the Northern Ireland protocol is attributed to its domestic troubles and turbulence on financial markets, which are seen as reducing appetite for a trade war with the EU.

A UK government spokesperson said: These figures were originally published in the EUs 2021 annual accounts and are consistent with the Treasurys latest estimates. We recognise the importance of ensuring that taxpayers money is well spent and are committed to transparency we regularly report these figures to parliament.

Read more here:

UKs Brexit divorce bill stood at 36.7bn in 2021, EU audit reveals

No, Brexit is not the cause of our economic turmoil – Spiked

The UK economy is in a serious crisis. Inflation is biting, recession is looming and, of course, there is all of the turmoil in the markets. Now that Liz Trusss mini-budget has officially been killed off by new chancellor Jeremy Hunt, the post-mortems can begin. And for Britains hard-of-thinking commentariat and for some meddlesome outsiders all of these problems can be boiled down to one simple cause: the vote for Brexit in 2016.

It is Brexit that sits behind all that has unfolded, claims one Times columnist. Our economic troubles, he says, are the result of the six-year cult of Brexit gripping the Tory Party, driven by the mass sociogenic delusion of the Leave vote, in defiance of the technocratic consensus.

According to a senior French official, Trusss humiliating u-turns represent the ideology of Brexit meeting its dead end. Or as one excitable Remainer activist puts it: Brexit made it okay to sacrifice the economy for ideology despite expert warnings. Brexit was the manifesto of this self-titled jihadist government.

This Brexit Tourettes, this compulsion on the part of the great and good to blame Brexit for everything, is not anything new in itself. Since we left the EU, Remainer commentators have tried to link Brexit to everything from Putins invasion of Ukraine to Britains Covid death toll.

Nevertheless, there is something especially pernicious about the attempts to pin the current crisis on Brexit. What a mini-budget drawn up by a formerly Remain-supporting MP, six years after the referendum itself, has to do with Brexit is not at all clear. More importantly, so many of the decisions that have brought us to the brink of economic ruin were supported not by populist Leavers, but by the technocratic elites.

Given the profound global shocks of the past few years, from the pandemic to Putins war, finding Brexit at fault for our current economic woes is more than a little dishonest. Whats more, how the elite has responded to some of these shocks has made matters much worse.

Take Covid-19 and the lockdown policy. For two years, across the world, industry, trade and transport were either put on ice or severely disrupted and far more so by state-enforced restrictions than by the pandemic itself. Thanks to lockdown, the UK endured its largest fall in GDP in the history of industrial capitalism. Even as the economy opened again, supply chains remained snarled up. Shortages in goods and the means to transport them wreaked havoc, and they did so for months after the lockdowns ended. It is absurd to compare this level of disruption to extra bits of post-Brexit customs paperwork.

Whats more, in order to keep the economy on life support during the pandemic, governments and central banks across the world responded with ultra-loose monetary and fiscal policy. In the UK, public debt rose to over 100 per cent of GDP and the Bank of England pumped almost half a trillion pounds into the economy via quantitative easing. None of these policies was subjected to serious debate. There was a rock-solid elite consensus that there was simply no alternative. Yet these policies have clearly laid the groundwork for our current economic mess.

Then, in February, came the war in Ukraine. It has profoundly destabilised global energy supplies, sending gas prices to record highs. While no one but Russia can be blamed for the invasion, the resulting energy crisis in the UK has been far worse than it ought to have been. Indeed, an energy crisis was already on the horizon back in autumn 2021, triggered in part by economies around the world rebounding after lockdowns.

The Wests long-term embrace of green ideology has left us vulnerable and exposed to these energy shocks. For over a decade now, British politicians have shown a dogged hostility to domestic fossil-fuel production. And they have avoided carbon-free nuclear power. Before the current energy crisis, you would have struggled to find a mainstream politician who would say that our energy needs should come before the concerns of climate activists. Unreliable carbon-neutral energy sources have been subsidised to the hilt, while reliable fossil fuels have been demonised and defunded.

The energy crisis has inevitably forced the UK government to row back on elements of the green agenda. To shore up our future energy supplies, the government is scrambling to issue new oil licences and now says it is open to fracking for gas. This is, at the very least, a partial admission of fault.

Brexit did not plunge Britain into this economic crisis. Brexit did not take a sledgehammer to global supply chains. Brexit did not run up public debt and force us to print half a trillion pounds. And Brexit certainly did not run down our energy supplies. These problems stem from failed elite orthodoxies from the very technocratic elites who are now trying to pin everything on the Leave vote.

We must not let them get away with blaming Brexit for their own profound failings.

Fraser Myers is deputy editor at spiked and host of the spiked podcast. Follow him on Twitter: @FraserMyers

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No, Brexit is not the cause of our economic turmoil - Spiked

‘How’s Brexit going?’ British politics mocked at home and abroad – Reuters UK

ROME, Oct 17 (Reuters) - Britain's political and economic turmoil has been greeted with thinly veiled satisfaction among pro-European and leftist politicians abroad, with some commentators drawing parallels to chaotic Italy.

New British finance minister Jeremy Hunt will set out tax and spending measures on Monday, two weeks earlier than scheduled, as he races to stem a dramatic loss of investor confidence in Prime Minister Liz Truss's government. read more

"How's Brexit going?" tweeted veteran Belgian politician Guy Verhofstadt, an ardent pro-European, on Saturday. "One thing is for sure: the mess didn't start in 2022 but in 2016," he added, in reference to Britain's referendum to leave the EU.

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There was a similar hint of schadenfreude in remarks by Spain's Socialist Prime Minister Pedro Sanchez, who slammed Truss's original tax cut proposals as Britain's crisis unfolded last week.

"The neoliberal path failed in the previous financial crisis, created a great deal of suffering and will again lead to failure for those who follow it as we have just seen in the UK," he told the Spanish parliament.

Truss on Friday fired her finance minister Kwasi Kwarteng to replace him with Hunt, and scrapped parts of the government's economic package after it sparked a financial market rout including a steep dive in the value of the pound.

With the Conservative party plunging in opinion polls, social media has been full of memes and jokes revelling in its woes.

"Did you hear Kwasi Kwarteng flew back from the U.S. first class? Apparently they didn't want him near Business or Economy" read one joke doing the rounds on Twitter in reference to Kwarteng's rushed return from Washington to be fired by Truss.

Outside Europe, U.S. President Joe Biden called Britain's plan to scrap the 45% top income tax rate a "mistake".

Biden, a Democrat, frequently criticizes conservative "trickle down" economic policies, associated in the United States with former President Ronald Reagan and Republicans.

"I think that the idea of cutting taxes on the super wealthy at a time when - anyway, I just think - I disagreed with the policy," he told reporters in Oregon on Saturday. read more

Even Britain's staunchly conservative newspaper the Telegraph, which backed the Brexit referendum, acknowledged in a column on Sunday that its economic goals had failed.

"Britain's transformation into the new Italy is almost complete," was the headline of the article which drew numerous parallels between the two countries' economic declines and political instability.

Britain has had four prime ministers in the last six years, a new trend akin to Rome's notorious revolving door governments.

Officials in Washington last week for International Monetary Fund meetings said the upheaval in London could prove a salutary lesson for high-debt Italy, which has just elected a right-wing coalition also promising unfunded tax cuts.

"We have a lesson to learn perhaps, because what happened showed how volatile the situation is and so how prudent we should be with our fiscal and monetary mix," EU Economics Commissioner Paolo Gentiloni, an Italian, told a news conference without naming Italy directly. read more

Other officials in Washington were more open, speaking on condition of anonymity.

"The UK example of how quickly and aggressively markets can turn on you, is likely to keep Italian policy cautious. I am sure Rome is watching carefully what is happening in the UK," one senior euro zone official said.

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Additional reporting by John Chalmers and Jan Strupczewski in Brussels, David Latona in Madrid and Jeff Mason in Washington, Editing by William Maclean

Our Standards: The Thomson Reuters Trust Principles.

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'How's Brexit going?' British politics mocked at home and abroad - Reuters UK

Forget austerity, we need to reverse Brexit if we are to enjoy any form of economic growth – iNews

October 17, 2022 5:12 pm(Updated 5:33 pm)

For years the trend in GDP growth in the United Kingdom was 2.5 per cent, but since the financial crisis in 2008 we have struggled to get anywhere near this level. So it may have seemed reasonable to Conservative Party members tasked with electing a new leader to choose Liz Truss with her promise to prioritise growth.

The problem was that her chosen route, supported by her close friend and then chancellor, Kwasi Kwarteng, to reboot the economy was to institute unfunded tax cuts without the reassurance of a commentary from the Office for Budget Responsibility. Combined with a government-funded cap on energy prices, this spooked the markets, led to a collapse in the value of the pound, a sharp decline in the prices of government bonds and almost brought down a number of pension funds, necessitating an intervention by the Bank of England.

The previous chancellors poisoned chalice has now been handed to Jeremy Hunt and he has announced the reversal of virtually everything that was contained in Kwartengs mini-Budget. All that remains is the reversal of the National Insurance increases introduced by Rishi Sunak, stamp duty cuts, and support for households and businesses with energy bills to be reviewed in April 2023. The Truss Government had originally said that the support would be in place for two years, but Hunt has seemingly listened to Labour leader Keir Starmer who had been saying that six months was more fiscally responsible. Hunt added that further help after April would be targeted at those who need it most.

For the moment, the markets seem to have been reassured by Hunts statement. The currency markets saw a U-turn coming before the weekend and the pound strengthened. The prices of long-dated UK government bonds improved in response to the statement, with yields reducing by 0.5 per cent to 4.3 per cent. For the time being, things seem calmer, but the cost of government borrowing is still considerably higher than it was before the mini-budget.

All of this leaves big questions about the future of Liz Truss. When she appointed Kwarteng, she made it clear that cutting taxes and promoting growth was their vision, not just her vision. And yet, when it all went wrong, she seemed to think that calling her chancellor back from an IMF meeting a day early, sacking him and replacing him with Hunt would be sufficient to save her own skin.

Given that she only had the support of one-third of the Conservative parliamentary party in the leadership election, she could not afford to make any mistakes, and it is clear that Conservative MPs are now trying to find a way to replace her without having another divisive leadership contest involving the membership. It seems highly unlikely that Truss will still be Prime Minister by the end of this week.

Many are now calling for a General Election, but there is little likelihood of that. The Conservatives may have lost a few seats in by-elections, but they still have a hefty majority. They are facing electoral defeat whether they go to the polls now or in early 2025 but it is too much to expect that they might consider putting the country before their own jobs. No, we are in for another two years of disastrous Conservative rule during which time we can expect a deep recession accompanied by continued inflationary pressures, strikes, falling house prices, rising interest rates and the full economic impact of our departure from the European Union.

Speaking of Brexit, it is time for the Labour Party to stop avoiding the issue and face up to the fact that we need to rejoin the single market if we are to have any hope of achieving economic growth. I find it infuriating that Starmer, who was after all the Shadow Brexit Secretary, refuses to accept that this is essential if we are to recover from the horrors of the last few years.

His failure to even mention Brexit seems to be borne of a fear that the Red Wall seats will stick with the Conservatives, but that seems unlikely to me in the current circumstances. He needs to be brave and try and reunite us in some way with the rest of our continent. That is the only way that we can come back from the destruction that has been brought upon us by Boris Johnson, Liz Truss and all the other careerists who have put gaining power for themselves over their countrys welfare.

Nicola Horlick is the chief executive of Money&Co

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Forget austerity, we need to reverse Brexit if we are to enjoy any form of economic growth - iNews

Economy in crisis, Tories in meltdown: how I have told the sad, strange story of Britain – The Guardian

Since the 1990s Ive been interpreting events in Britain for an American audience through my journalism. Sometimes its easy: Londons glorious renaissance, Tony Blairs rise. Sometimes its less easy: the strangeness of a special relationship where one side cares too much and the other too little, the post-imperial hangover that courses through British life.

And sometimes its hard: the puzzle of Brexit, the precipitous downfall of the Conservative party. It helps that for Americans still living through the Donald Trump saga, nothing is outside the realm of possibility any more. It also helps when I explain to them that those two latest chapters of British history are connected.

I tell them that from the 2016 referendum onward, Brexit increasingly gave the Tories a focus. Never mind that Brexit was the most divisive event in postwar Britain; over time, the struggle to make it happen unified the party. Boris Johnsons Get Brexit Done 2019 election campaign cemented the transformation and, as far as Brexit went, silenced Labour.

Within six weeks, however, the Tory tide would turn. Once Britain formally left the EU, the Brexit-imposed discipline within the Conservative party began to unravel. Admittedly, the pandemic would have thrown any government off course, but Johnsons conduct in office didnt help the Tory brand or party unity. Swamped by scandal, he was out. Enter Liz Truss.

As the US and the world looked on, Trusss first weeks in office did not exactly restore confidence in Downing Street. Suddenly, the new government was shredding the Tories reputation for fiscal prudence and sound economic management. Friends of mine in the States could barely believe what they were witnessing. Even Americans who are ideologically opposed to the Conservatives were shocked to see the party of Churchill and Thatcher flying off the rails.

The Truss-Kwasi Kwarteng Growth Plan 2022 started out as a budget at war with itself, with vast emergency spending sitting alongside big unfunded tax cuts. It was also at war with Bank of England monetary policy. That was bad enough. Then came U-turns, the defenestration of Kwarteng and the naming of a new chancellor, Jeremy Hunt, hardly an ideological soulmate of the libertarian prime minister.

This story is far from over. From the outset, the reaction to the new governments fiscal event abroad was awful. Former US Treasury secretary Larry Summers said the worlds fifth-largest economy was behaving a bit like an emerging market. President Biden himself said that Trusss original plan was a mistake. The International Monetary Fund, which usually reserves its sermonising for developing economies, said: we do not recommend large and untargeted fiscal packages at this juncture, as it is important that fiscal policy does not work at cross purposes to monetary policy. Furthermore, the nature of the UK measures will likely increase inequality.

Still, with all the opprobrium heaped on Truss, its easy to forget that the damage began long before she got hold of Britains finances. Whats happening today cannot be separated from what happened in the last decade, leading up to Brexit. To explain those days to non-Britons, you have to wade into the weeds of British politics. There, we come upon Nigel Farage, who though never elected to parliament had an extraordinary influence on Westminster politics. Had it not been for the threat Farage and Ukip posed to the Conservative party, David Cameron may never have decided to call for a referendum. But, fatefully, he did.

As a dual US-UK citizen whos lived in London since 1996, the closest I could get to understanding a rationale behind Brexit was to see it in the context of what Blair once called post-empire malaise a vague if deep-seated yearning to regain the confidence and sureness of identity that, at least in the imagination, went hand in hand with running an empire. Take back control was surely part of that, fuelled also by heightened economic insecurity in the wake of the 2007-08 financial crisis and a concomitant unease about immigration.

Setting that logic aside, I have to say that virtually all the economic arguments in favour of Brexit looked specious at best and cynically misleading at worst. In that sense, Brexit is a kind of original sin that sits at the heart of todays UK economy. That should have been evident in the myriad dire economic forecasts blithely dismissed as remoaner scaremongering in the run-up to the 2016 referendum forecasts that turned out to be mostly accurate. And it should have been obvious as it was to the rest of the world in the downward trajectory of the Brexit pound, which fell from 1.50 to 1.33 to the dollar overnight after the 23 June 2016 vote and ultimately hit its lowest-ever recorded level of 1.03 on 26 September of this year.

Being liberated from the EU was never going to live up to the counterfeit promises made by the Vote Leave campaign before the referendum. Britains borders are no less porous than they were. The post-Brexit trade deals the UK has negotiated are insignificant compared with the loss of its largest trading partner. The jewel-in-the-crown deal with the US is not even on the agenda, as Truss admitted last month.

The pandemic, whose arrival coincided with Britains departure from Europe, camouflaged much of the toll Brexit was inflicting on the economy. But the harm is real. A year ago, the Office for Budget Responsibility was estimating that Brexits long-term impact on economic growth would be more than twice as damaging as that of Covid.

The effect on trade has been devastating. Modelling by the Centre for European Reform found that solely because of Brexit, British trade in goods was down during the first half of last year, ranging between 11 and 16% month to month. There is evidence that businesses face new and significant real-world challenges in trading with the EU that cannot be attributed to the pandemic, the House of Lords European affairs committee reported in December.

Ending the free movement of labour between Britain and the continent a Brexit cornerstone is hollowing out the workforce. According to the Office for National Statistics, the number of job vacancies stood at 1,246,000 in the third quarter of this year, up from about 823,000 before Brexit and Covid-19 set in. These shortages afflict businesses large and small, from cafes and pubs to farms and manufacturing plants.

Meanwhile, the OBR analysis from May shows a number of economic indicators all going in the wrong direction: as a result of leaving the EU, long-term productivity will slump by 4%, both exports and imports will be around 15% lower in the long run, newly signed trade deals with non-EU countries will not have a material impact, and the governments new post-Brexit migration regime will reduce net inward migration at a time of critical labour shortages. It has been some story to tell.

Theres a scene in the House Commons that keeps playing in my head. Its 2019 and Jacob Rees-Mogg, now Trusss business secretary, is speaking of the broad, sunlit uplands that await us thanks to Brexit. Then I contemplate where Britain is today: heading into a protracted recession under an enfeebled prime minister leading a wounded, fractious party. I hope Im proved wrong, and those sunlit uplands are out there over the horizon. No sign as yet. But Id be pleased to come back and tell everyone who has listened so far that I was mistaken.

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Economy in crisis, Tories in meltdown: how I have told the sad, strange story of Britain - The Guardian

Is the Brexit ideology running out of road? – RTE.ie

Many Conservative party members will be wondering where they go from here.

There is talk of damage limitation and trying to save as many seats as possible in the next election.

The latest polls show the Tories on just 19%, with Liz Truss's approval rating at 9%. These are historic lows.

Electorally those figures would represent a wipeout never seen before in British parliamentary history.

Party members might look at how they got here, and it is hard to find anyone who disagrees with the idea that the Tories, and Britain as a whole, has arrived at its present state of political disarray on a journey that started with Brexit.

For a start it is hard to see how Liz Truss would have become Prime Minister if she had not fitted the demands of the hard Brexiteers. She was not a front runner for the leadership race but she was willing to unilaterally rip up an international treaty with her Northern Ireland Protocol Bill and won the support of the powerful ERG group.

Sure, she was a Remainer at one stage but then again so also were the vast majority of the British people.

However, there was a revolution and a lot of it had to do with a rejection of established ideas.

The vast majority of economic experts argued against Brexit. When the skies did not fall in after the vote in June 2016, Michael Gove gleefully announced that the "country has had enough of experts ... saying that they know what is best and getting it consistently wrong".

Ever since the Brexit referendum campaign started there has been this idea - almost a conspiracy theory - that there were shadowy forces or institutions holding Britain back. Almost like the "deep state" theory in the US.

For Brexiteers it was mainly "unelected Brussels bureaucrats". However, it was also often the British establishment itself - "the blob" as Dominic Cummings called it.

In her leadership campaign, Liz Truss posed as a disruptor who would take on the "Whitehall Machine".

The party membership enthusiastically endorsed her vision of economic prosperity despite warnings that the sums did not add up just as they had done with Brexit.

In her conference speech Ms Truss widened her attack to the "anti-growth coalition" including those who "taxi from north London townhouses to the BBC studio to peddle the status quo".

As well as continuing to blame others, there has also been a consistent reluctance on the part of the Conservative leadership to provide a plan.

There was no detail for the Brexit project. "Not even the sketch of a plan" as Donald Tusk then President of the European Council once put it.

Liz Truss and Kwasi Kwarteng tried to avoid providing detail for their economic revolution by saying it was not even a budget and therefore not subject to scrutiny by the official watchdog the Office for Budget Responsibility (OBR).

Even in his speech Mr Kwarteng did not give even the vaguest notion as to how the government would manage the 45bn hole in public finances resulting from the tax cuts.

The markets who free marketeers usually regard as the source of wisdom recoiled. The IMF issued a warning.

Instead of Brussels or economic experts, there were new targets. Incredibly, Business Secretary Jacob Rees-Mogg and Foreign Secretary James Cleverly started criticising the IMF as biased. They both said the IMF is "not a friend of the UK".

Liz Truss even accused the markets of "group think" and the Bank of England was also being blamed.

Take this quote from a column in The Spectator by Charles Moore complaining about the IMFs warning being "insulting" to Britain.

"It is best seen as part of a pattern, like the early attempts to reverse Brexit, or the US governments related interventions over the Northern Ireland Protocol".

Mr Moore urged the Prime Minister and Chancellor to "fight back".

However, Rishi Sunak, himself a Tory Brexiteer, had described Ms Trusss economic plan as a fairytale. And there were already signs that some of the almost delusional thinking behind Brexit was beginning to clear.

Liz Truss was the architect of the Northern Ireland Protocol Bill and did not deny saying once that the impact of a no deal on Ireland would only "affect a few farmers with turnips in the back of their trucks".

But ironically the Irish Government is reporting a sea-change in attitudes since she became prime minister or a "different space" as Foreign Affairs Minister Simon Coveney put it.

Northern Ireland Minister Steve Baker recently apologised for his hardline Brexit stance and even talked of "eating humble pie".

There are different theories on why this has happened. Northern Ireland Secretary Chris Heaton-Harris himself said it was the war in the Ukraine and the resulting economic difficulties that brought home the need for co-operation

Another theory is Heaton-Harris and Baker saw for themselves the complexity of the Northern Ireland Protocol situation and, as they are both hardline Brexiteers, there was no one left to criticise them for being willing to negotiate.

Maybe Liz Truss was anxious to get a deal to avoid a trade war at a time of economic difficulty.

Or maybe it was just the Brexit ideology running out of road.

In any event there will be those saying that the Conservative party needs to get out a map and, this time, plan a route for the road ahead.

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Is the Brexit ideology running out of road? - RTE.ie

Former Brexit Secretary Calls for Government Action to Curb SLAPPs – The Epoch Times

Former Brexit Secretary David Davis has called on the government to take urgent action to stop so-called Strategic Lawsuits Against Public Participation (SLAPPs), as he raised in Parliament the case of several defamation actions which have been brought in the High Court in London against British media outlets.

Campaigners against SLAPPs say they are injunctions used by wealthy corporations and individuals to deter public interest journalism.

Davis used parliamentary privilege to raise the case of Jusan Technologies Ltd. (JTL), a UK-based company which The Telegraph, the Bureau of Investigative Journalism, and openDemocracy have claimed is linked to the former President of Kazakhstan, Nursultan Nazarbayev.

JTL denies it has any links with Nazarbayev and has served legal letters in which it says the claims are inaccurate and are causing financial losses to a UK company.

Labour MP Christian Matheson said he had tabled a written question in Parliament about the effect of SLAPPs on media freedom and was contacted by JTLs lawyers who urged him to withdraw that question.

Davis responded: They clearly dont understand parliamentary privilege. Secondly, what they are doing is trying to repress free speech and transparency in this country.

During an adjournment debate in the House of Commons on Monday, justice minister Gareth Johnson said: SLAPPs are wrong. They are a form of bullying and they need to be stopped and stopped through legislation.

MPs on both sides of the house called on the government to amend the Economic Crime and Corporate Transparency Billwhich is currently going through Parliamentto include curbs on SLAPPs.

Johnson said the governments proposals were not oven-ready, but he said the Ministry of Justice was committed to introducing legislation.

Several MPs said they planned to table amendments to the bill thatwould outlaw SLAPPs.

Dame Margaret Hodge, a Labour MP and former minister, said: We all agree the legislation is necessary, the problem is that if the minister doesnt take advantage of the legislation that is before uswhich is the Economic Crime BillIll tell you, hell be arguing behind the scenes on getting time for legislation for years and years and years.

She told Johnson, The opportunity is there, the need is there, please grasp that opportunity and put it down as amendments to the existing bill before the house.

Johnson said he could not give her that commitment and he said the governments position was that it would be better to have a single piece of legislation on the issue.

He said, The legislation at this stage is still being drafted and as a consequence its not oven-ready, if you like, to go straight into another piece of legislation thats before the house right now.

Davis said: The key issue is speed. If he can turn round to us at some point in the near future and say, yes, were going to do it in this session, yes, were going to do it soon, then hell find the Economic Crime Bill makes much easier progress than otherwise.

Last month Jusan Technologies issued a statement in which it said: JTL stresses that, in these lawsuits, it does not seek to silence truthful journalism in the public interest. JTL has no objection to robust reporting in relation to Mr Nazarbayev or his family.

However, to link JTL to allegations of corruption on the part of Mr Nazarbayev, as the articles that are the subject of the claims continue to do, is wrong. That is the basis for these lawsuits, it added.

PA Media contributed to this report.

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Chris Summers is a UK-based journalist covering a wide range of national stories, with a particular interest in crime, policing and the law.

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Former Brexit Secretary Calls for Government Action to Curb SLAPPs - The Epoch Times

How Brexit nearly scuppered the festival of Brexit – The Guardian

For some, the whole project was supposed to be a celebration of Britains departure from the EU. Which means there is more than a little irony in the fact a main concern of the festival of Brexit organisers was the impact of leaving itself.

Disruption to the supply of workers and materials, as well as increased costs, emerged as one of the risks overshadowing the project, according to records.

The 120m festival was controversial from the moment it was first announced by Theresa May in 2018, but this week was in the firing line once again after the spending watchdog said it is investigating after a series of rebrandings Unboxed: Creativity in the UK amid concern visitor numbers were less than 1% of early targets.

Though the festival failed to win over many who voted remain in 2016, some in the arts sector are suspicious the latest attacks have been led by Tory politicians, with some already on record as being unhappy at an apparent drift from the original idea of a post-Brexit festival that would showcase the best of British creativity.

Days after Julian Knight, the Tory chair of the Commons culture committee, said the project had been a catastrophic failure, its organisers remained guarded while there was no sign of its chief creative officer, the arts impresario Martin Green.

Among the few festival partners to speak out in defence of the festival was Liz Pugh of the outdoor arts organisation, Walk the Plank, who argued that the festivals legacy and true value would become apparent in the longer term and would outweigh the current focus on spending.

At the moment there is a feeling that the bean counters are not happy with how many beans there are, and that roots it very much in a financial and economic framework. Of course there needs to be accountability and value for public money, but we should allow for the other benefits as well, said Pugh. Her company was involved in the production of 20 large-scale outdoor artworks in secret locations across outstanding landscapes.

The festival, which runs until mid November, was unprecedented in the way arts companies had come together with collaborators in science and technology, creating internships and roles for students in the midst of a pandemic, she said, adding that they wouldnt have anything to do with it if it had been about Brexit.

I think that in years to come there will be many exciting things happening in the arts, and beyond, that came out of conversations that started during Unboxed, said Pugh.

Phil Batty, executive director of Unboxed, also pushed back agains Knights claims, adding: The project isnt an unmitigated disaster. It has really gone out of its way to engage people in all corners of the UK.

Like others involved in the 120m project, Batty believes there will be a strong success story to tell the National Audit Office (NAO) as well as a legacy in the form of job creation and investment across the arts sector even if its efforts were hampered by being associated with Brexit.

From the outset, it was never designed to be a Brexit festival that was never in a brief we were given. We were set two objectives by all the governments of the UK. The first was to bring people together. The second was to celebrate creativity, he added. Batty reiterated final visitor numbers will be far in excess of the figure of 240,000 frequently cited this week as the number that had visited events.

Brexit appears at no point in the published minutes of meetings convened over the past two years by the festivals board of committees and audit committee though it makes an indirect appearance in those from a meeting in September last year, which state: A new risk around logistics including purchasing commodities form the EU and the changing macro environment was identified including supply chain, tech and production, goods like timber, technology chips and labour market.

Other minutes show organisers continued to monitor a range of risks to the project, though only a sliver of the discussions are recorded. Those from a meeting in April last year, referred to the festivals branding, stating: It was noted that there are political sensitives to be considered.

Minutes from a meeting last January refer to reputational risk concerning the geographic spread of live events, but add: All committee members felt the conversation to debate new locations had passed and would now be a distraction from delivery. The chair would inform the board that the focus is now on reach of current activity.

Other records, such as a list of big ticket areas of expenditure which will be a focus of the NAO investigation, show how the project was a boon for a small group of consultants, particularly those working in branding, advertising and marketing.

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How Brexit nearly scuppered the festival of Brexit - The Guardian