About

The Rt Hon John Redwood MP

John Redwood won a free place at  Kent College, Canterbury, and  graduated from Magdalen College Oxford. He is a Distinguished fellow of  All Souls, Oxford. A businessman by background, he has set up an investment management business, was both executive and non executive chairman of   a quoted industrial PLC, and chaired  a manufacturing company with factories in Birmingham, Chicago, India and China. He has been MP for Wokingham since 1987.

John was an Oxfordshire County Councillor in the 1970s. In the mid-1980s he was Chief Policy Advisor to Margaret Thatcher. He urged her to begin a great privatisation programme, and then took privatisation around the world as one of its first advocates before being elected to Parliament for Wokingham. He was soon made a minister, joining the front bench in 1989 as Parliamentary Under-Secretary in the Department of Trade and Industry. He supervised the liberalisation of the telecoms industry in the early 1990s and became Minister for Local Government and Inner Cities after the 1992 General Election.

Shortly afterwards, John joined the Cabinet and served as Secretary of State for Wales from 1993 to 1995. In opposition he  acted as Shadow Secretary of State for Trade and Industry (1997-1999), Shadow Secretary of State for the Environment, Transport and the Regions (1999-2000) and Shadow Secretary of State for Deregulation (2004-2005). In the 1990s he campaigned widely to keep the pound, and wrote several books and articles explaining why the Euro would be wrong for the UK. (Our Currency, our country; Just Say No).

John subsequently served as Chairman of the Economic Policy Review (2005-2010) undertaken by the Opposition. A copy of the report is available here. He has been Chairman of the Conservative  Economic Affairs Committee since 2010. John stood for the leadership of the Conservative Party in 1995 and again in 1997.

John was a fellow of All Souls from 1972 to 1987 , again from 2003 to 2005, and since 2007. He is currently a Visiting Professor for Middlesex University Business School and has published a number of books including ‘Superpower Struggles‘, on the European Union, China and the United States, ‘Just Say No‘ on why the UK should reject further European integration, and ‘Singing the Blues‘, his personal history of the Conservative Party throughout the last thirty years. His most recent publications are ‘I Want to Make a Difference, But I Don’t Like Politics‘, which examines the reason for the decline in membership of political parties and those voting in local and General Elections, and After the Credit Crunch: No More Boom and Bust, which considers the reasons behind the global recession and why Britain has been hit especially hard.

John is a frequent commentator in the media and is a keen cricketer and water sports enthusiast, and supports a number of different charities. He is an Ambassador for the Variety Club of Great Britain.

70 Comments

  1. Sheila Bailey
    Posted December 12, 2011 at 12:52 pm | Permalink

    Heard you on the radio this am. Thank you for voicing what so many feel. What influence can one voice have in such a medley of disparate interests? I remember when we stood alone in 1939, and thank goodness we did!

    I was reminded of “Dare to be a Daniel! Dare to stand alone! I think it was a temperance hymn which went on “Dare to stand outside a pub and take your wages home!” Perhaps not totally inappropriate. It would be good for the UK not to have to fund the European machinery.
    Kind regards

    Sheila Bailey

    • Heather Pfeiffer
      Posted December 12, 2011 at 5:52 pm | Permalink

      Dear John Redwood
      Oh dear! I see you chose to publish the above email with its inappropriate reference to 1939 when we stood up to Nazi Germany when Germany was controlled by a brutal dictator. As you said yourself Germany is now a modern democracy and we stand shoulder to shoulder to preserve the values of western Europe and our shared economies. References to 1939 are appropriate only to the speeches of popular demagogues and those who breed hatred.
      Heather Pfeiffer

      Reply: I refer to Germany and German as a modern democracy. I try not to censor too much on this site when others have differing v iews.

    • david
      Posted January 12, 2012 at 10:04 pm | Permalink

      ‘It would be good for the UK not to have to fund the European machinery.’

      Indeed….

      http://hat4uk.wordpress.com/2012/01/12/eu-crisis-scandal-pension-liabilities-of-france-germany-are-half-of-eu-total/

  2. Patrick Foreman
    Posted December 21, 2011 at 11:13 am | Permalink

    Durihg a long working life, I was careful to create a pension that would serve me in addition to the state pension once I had retired.
    Due to the latest revisions in G.A.D. etc., upon the standard 5-year review, the amount I get monthly has been reduced by some 40%. !!
    This is my money – I still pay tax on it – and yet the Pensions Minister (Steve Webb) decided – against the will of the whole pensions industry to reduce this by a crippling amount. This is entirely unfair, mostly to Conservative voters i.e.those who bother to save!!!
    This must be something that your core voters need our M.P. to take up the cudgels for.

    reply: Are you saying your pension in payment has been cut by 40% gross? If so, which scheme and why?

  3. Posted January 18, 2012 at 9:12 am | Permalink

    Dear Mr Redwood

    With regards to your recent e-mail with regards to the English Passport Blog.

    Please note that the orginal article was taken from:-

    Here >>

    http://blogs.walesonline.co.uk/devolution/2012/01/english-nationalism-in-conserv.html

    If this is NOT what you said then please forward the correct words to MyStory@EnglishPassport.org and the original article will be amended.

    Many thanks

    English Passport
    Reply: The place to take my view from is this website, which contains exactly what I wrote. Anyone can see my view has been doctored, and I have written a formal letter requiring that it be corrected with an apology.

  4. andrew Paton
    Posted March 24, 2012 at 10:30 pm | Permalink

    you are amazing a true english gent with a great sense of humour

    • Gordon
      Posted June 26, 2012 at 5:38 pm | Permalink

      Hear, hear!

  5. Maggie Heath
    Posted September 21, 2012 at 11:33 am | Permalink

    Can you please explain why the Conservatives think we will all rush out and build conservatories when people are struggling with lack of jobs and income coming in ? I know this is over simplyfing it but personally I feel somewhat let down by this government – they just do not seem to “get it” – people will not spend if they feel they wont have a job next week – it is not simplified planning that is required or big new shopping centres. They seem not to have run out of ideas but not to have had any in the first place – very disappointing.

  6. Remington Norman
    Posted July 16, 2013 at 11:26 am | Permalink

    John,

    It would be interesting to have your views on the news that HMRC is to write off £950m in ‘uncollectable’ PAYE. It has seemed to me for some time that government is incapable of handling public projects wisely or cost-effectively. For example: Home Office, unfit for purpose; border agency, unfit for purpose; rail infrastructure costs – grossly underestimated; defence procurement – massively over budget (Eurofighter etc) yet front line forces ill-equipped; IT projects – many abandoned after hundreds of millions spent; fire-stations: new build to consolidate services – now unrentable white elephants. Now the NHS, for which Mr Cameron has (ill-advisedly, in my view) ring-fenced expenditure, is seen to be sub-standard in many critical areas.

    Why is no one accountable for mis-application of funds, or prosecuted where injury or death results from incompetence? In the private sector, as you are well aware, such defalcation would be heavpunished.

  7. Chris
    Posted February 19, 2014 at 8:50 pm | Permalink

    Why is there no mention on this page of the royal SPANKING you got from the other John… you know…. John Major, seriously his political carreer was almost dead, the country would pick anyone but him… yet still your party would rather have him than you… LOL

  8. Raymond Parrott
    Posted November 1, 2014 at 1:01 pm | Permalink

    To my mind, it is an indictment of the Conservative Party members and leadership that you have not been given more power and influence. Since having discovered your website many months ago now, I have been an assiduous reader…

    Redwood for Leader and Prime Minister!

    How about then enlisting Lord Tebbit as Chief Policy Advisor?

    Well, one can but dream…

  9. Doug Hope
    Posted March 15, 2015 at 11:08 am | Permalink

    Sir, I’ve just watched you’re recent speech outlining your concerns about the ever increasing influence of the EU in our lives. I welcome the measured , succinct and irrefutable arguments you put forward. What an asset you would be to us UKIP supporters who have left our traditional parties for precisely the reasons you so eloquently outline. Please consider joining us before your worst fears are realised.

  10. Posted June 13, 2015 at 11:10 pm | Permalink

    Sir,

    Since more than 80% of UK law is made in Brussels why does parliament still employ 650 wasteful troughers at vast expense? They have no more power than the average parish council.

    Reply The last Parliament declined to cut the number of MPs when we proposed it. This Parliament has the task of restoring powers to Parliament to make the jobs more worthwhile. Parliament still has a lot more power than the average parish council!

  11. Sophie Martin
    Posted January 31, 2016 at 11:41 am | Permalink

    Dear Mr Redwood,
    I heard you for the first time on Radio 4’s ‘Any Questions’ on Saturday and it was thoroughly absorbing listening to your erudite and thoughtful comments on our reasons for leaving the EU and I very much hope you play a pivotal role and your voice is heard through the coming months on why it is time for the United Kingdom need to leave the European Union.
    Very best regards,
    Sophie Martin.

  12. John H Webb
    Posted March 15, 2016 at 6:12 pm | Permalink

    Hi John
    Just reading through your site for the first time having previously had the pleasure of listening to you at first hand.
    Although the first item above is friendly, it is dated 2011. The latest at the top would produce a more modern appearance.

  13. Jo Marsh
    Posted March 30, 2016 at 7:47 pm | Permalink

    Please correct me if I’m wrong, but under The Education Act 1996, Article 406, “Political Indoctrination” is unlawful in schools.

    My point here is the suggestion by the prime minister who urges youngsters to tell their parents and grandparents to back EU membership. This is wrong and he should not say such things. Whatever the case, our youngsters must not be ‘indoctrinated’.

    Mr Cameron further stated “think about your children, about your grandchildren, think about the country and the world you want them to grow up in”. I personally find his remarks offensive as I don’t need the prime minister suggesting how I should vote.

    While the prime minister is entitled to hold and express his PERSONAL views on the EU, he should not at the same time be directly, or indirectly, aiming remarks at children who don’t have a vote in the first place.

    Personally, I want my children and grandchildren to grow up in a self governing island nation, as it once was, that is free to make its own laws and to trade with whomever we wish on a GLOBAL basis, and where the UK parliament and our court structures are supreme, and the unelected EU and its courts are not.

    I do NOT want them growing up in a federalist union where the UK is simply a zone of an unaccountable, undemocratic political union with continental Europe, which has been forced upon UK citizens over decades at ever increasing costs, and without any mandate whatsoever.

    For these and MANY more reasons, WE MUST BREXIT to take back control of our own country. We have the right as free citizens to point OUR country in the direction WE want, in our national interest as a free nation. NO UK prime minister has the right to give away our national heritage or sovereignty, yet Mr Cameron and those before him seek to do exactly that.

    Some may call this ‘inward looking’, but the reverse is true. The EU is ‘protectionist’, but the majority UK opinion is to reach out on a global basis, and re-establish our strong links with The Commonwealth (hardly inward looking). We cannot achieve our preferred desire of self governance, and so on, whilst the UK stays shackled in political union with continental Europe.

    There are many things we’re not part of, like the Euro and Schengen, to name but two examples, and we never will be. But there are many more things the UK is part of, and these don’t require EU membership.

    Make no mistake, the ONLY direction of travel so far as the EU elite are concerned, is to achieve a federalist community called EUROPE, and I believe they wont stop THEIR agenda to reach their goal.

    Mr Cameron is on record as saying he will NEVER allow the UK to slide into a federal Europe, yet that is exactly what he and others seek to keep us attached to – AT HUGE COST TO THE UK. At present the UK is the second highest net contributor to the EU. Is it not time we had our money back to do our own thing? We don’t need another very expensive tier of unaccountable bureaucracy to be successful. EU ‘red tape’ costs UK business £billions every year, yet around 95% of UK business does not export to the EU.

    The ONLY way to put the brakes on is by voting BREXIT.

    We MUST, if we are to take Mr Cameron seriously, remember what he set out to achieve. If we are now to believe he achieved substantial “renegotiation” that everyone knows he never achieved, then he is, with respect, deceiving the British people into thinking otherwise, and deluding himself.

    One may then query, rightly in my opinion, as to WHY Mr Cameron and others are attempting to surrender our country ‘down the river’ without a shot being fired, with ‘surrender’ being the operative word.

    Indeed, why would the prime minister of ANY country seek to sell out their own citizens.

    Reply I moderate this site and find these very long contributions are very time consuming. If you wish to remove a past post then let me know and I will delete it up I can locate it. You can always post a replacement

  14. Jo Marsh
    Posted April 5, 2016 at 10:31 pm | Permalink

    Thank you John. I appreciate and understand your response. Would you please delete my post dated March 29, 2016 at 7:19pm (and this reply). Keep up the great push for brexit. It is much appreciated. Thank you

  15. Posted April 7, 2016 at 3:23 pm | Permalink

    thanks for the truth, I am with you on out,bring the pm down here , whats he frighten of.

  16. Margaret
    Posted May 2, 2016 at 8:08 pm | Permalink

    How many steps will it take before the remainians have orders put on them as they take us into a downward futile spiral.

  17. RJO
    Posted May 15, 2016 at 7:50 am | Permalink

    Whatever concessions your friend Mr. Cameron claims to have secured from the EU, what guarantee is there that they will not be reversed within time? And if we stayed and the concessions were reverse, how long before there’s another vote to leave?

    As much as I like European nations and cultures, I totally reject the EU dictatorship and its corrupt culture. It’s time to get out.

  18. Tracy
    Posted May 25, 2016 at 6:34 pm | Permalink

    Dear John
    Thank you for the speech you made in parliament yesterday, a great many no doubt agree with you about the lack of patriotism of the leaders of government….not something I ever expected to say about DC and GO.

    The desperation of those in the remain campaign seems to be increasing. I only hope that it results in an enormous ‘backlash’ from the electorate. Here’s hoping that everybody that can, makes an effort to vote in the referendem. If Denmark can achieve a 74% turnout, so should we!

    Best

    TB

  19. Tad
    Posted June 25, 2016 at 11:53 am | Permalink

    Chancellor John Redwood ?
    Gonna need a lot of clear thinking and steady neves to negotiate trade deals and formulate some new rules now, or we could get ourselves in a worse position.
    Come on John… you’re the man for this.

  20. Martin Stokoe
    Posted July 8, 2016 at 7:42 am | Permalink

    A sound political agenda should deliver a sound economy followed by a ‘fair’ social agenda. Without the former the Government is not in a position to do anything on a ‘foundation’ of rock, without the latter it makes it difficult for it to deliver the former to deliver the latter.

    No one should underestimate the complexities and challenges of running the country. Aims and objectives are everything.

    Whether of the right or of the left the motivators for most voters are those of self interest rather than overall good from which we individually benefit. Here then is the nub. To motivate and reward on the basis of self interest (including reward for hard work and effort) whilst maintaining an equitably fair society.

    As a lifelong Conservative voter (apart from the last election when I voted Liberal as a reward for its contribution towards the coalition which in effect, at least to my mind, helped rescued the economy) I would be interested to understand where Mr Redwood stands on the issue of personal borrowing and debt. It being one thing to borrow to achieve a beneficial aim (buying a house, building a business) as opposed to ‘jam tomorrow’ as my father would say. I ask this because as far as I can see a country that runs on tick is one that is setting itself up to fail (again accepting the fundamental principles of some borrowing).

    To my mind money is lent to those with little in the form of credit. They pay heavily for the privelage and use the money to purchase goods and services, those benefiting from the sale of which then lend money in the form of credit, all the while backing each way through hedge funds, that is saying one thing whilst praying for the opposite.

  21. Posted July 18, 2016 at 9:25 am | Permalink

    I keep wanting to send your diary posts to colleagues. Have you an aversion to Twitter? It would be good to be able to click on a Twitter button on each post, which in my case would bring it to the attention of 1964 readers, many of them academics.

    Reply Yes, these are tweeted each time

  22. Percival Smithers
    Posted July 25, 2016 at 9:23 pm | Permalink

    Dear John, what are you (and the country..) going to do when financials and other services exporters lose patience on all of this mess hardcore Brexiteers are doing to scupper plans to retain passporting/single market access…it’s going to be comical to start to see jobs move when employers have had enough waiting on this Tory parlour game (and I am a Tory voter myself, heaven forbid)…oh and by the way to your post “I see no recession” there’s something called PMI you might want to acquaint yourself with.

    reply I have written on passports and PMIs If you wish to make a sensible contribution here, start by reading what I write so you do not make yourself look ridiculous.

  23. Posted July 26, 2016 at 11:32 pm | Permalink

    John,

    I didn´t vote either way. But now the result has come out Brexit, I can´t help but notice that those who advocated for Britain´s departure are now notably silent on the matter. IS THIS A CASE OF COLD FEET?

    John Price

    Reply I have been saying lets get on with it!

  24. Posted July 27, 2016 at 4:52 pm | Permalink

    Where will Mark Price SUDDENLY find over 300 skilled negotiators, when Brussels ALREADY HAS THEIR MAN IN PLACE’????!!!!

  25. Posted July 28, 2016 at 1:05 am | Permalink

    John, the only person in Britain with any sense is YOU. When are they going to listen to you?

  26. Jo Marsh
    Posted July 28, 2016 at 3:04 am | Permalink

    Dear John

    I am extremely concerned Nicola Sturgeon and others are attempting to prevent Brexit despite the Leave result. I also note (named US Investment bank ed) Co is suggesting Brexit may be reversed. I consider such interference as rather unhelpful to what was a clear 4% win on a high turnout for the much debated Brexit.

    May I through your pages suggest to those having an alternative opinion to Brexit to check out the US 2012 elections. They will find Obama won the popular vote by a clear 4% on a low turnout. No-one suggested the US should re run their election, nor did world leaders interfere with it.

    A clear UK 4% win is no different to a clear US 4% win.

    The House of Commons has a pro-EU majority (unless all members now accept the will of the people must be observed). The only way forward as I presently view things is for government to use The Royal Prerogative. and I wish they would get on with activating Article 50 so everyone knows what is happening to provide absolute certainty.

    Thank you for keeping up the pressure to Leave, and I would like to see Theresa May PM giving the country regular updates on Brexit progress, say bi-weekly.

  27. Posted August 2, 2016 at 3:15 pm | Permalink

    This is Ted he is a 96 year old WW2 veteran. He came in to my pub today for his lunch. I couldn’t help but notice his medals I just had to go and ask him about his life and say thanks you for his service to our country. He became really overwhelmed and cried. He said “thank you young man no one cares about what I have to say anymore.”
    I told him that am sure there is so many people that do. Can we all please like and share this post and show him just how many of do care about our veterans and prove to Ted he’s not forgotten. I will show him this post when he comes back for his dinner next week.

  28. Posted August 6, 2016 at 3:54 pm | Permalink

    When is MY WHEELY BIN OF GARDEN WASTE GOING TO BE REMOVED!!!!

  29. Posted August 6, 2016 at 4:26 pm | Permalink

    Well, Mr. Redwood, on Brexit, I must admit that is one of the most refreshing and optimistic statements I’ve heard in a very, very long time.

  30. Posted August 7, 2016 at 4:43 am | Permalink

    Sooner or later there will be pressure to create a slave race of moronic sub-humans to do all the boring and dirty jobs using Chimera technology – like the two men who scrape the dried excrement and toilet paper off the black rubber tarps on the railway tracks at Paddington Station at 03:00 a.m.on hot summer nights. The smell: utterly indescribable and I can´t believe anyone needs the money that badly. You throw up from 50 ft away after 30 secs of inhalation. As they loosen it with their rakes, an awful stench permeates the entire station. I regularly got the 03:30 a.m. train to Oxford and, clucking bell, I am not kidding!

  31. Posted August 14, 2016 at 4:14 am | Permalink

    Any delay to the Brexit process is likely to draw criticism from the pro-leave side of May’s Conservative party, with senior members such as John Redwood calling for a quick departure from the bloc.

  32. Posted August 14, 2016 at 5:09 pm | Permalink

    John Redwood, what can you bring to the table to expedite matters? Extract below from Reuters shows Remainer May is dragging her heels as I see it!

    Britain’s exit from the European Union could be delayed until at least late 2019 because the government was too “chaotic” to start the two-year process early next year, the Sunday Times reported, citing sources it said were briefed by ministers.

    Britain voted to leave the EU on June 23, but views differ over when it should invoke “Article 50”, which sets the clock ticking on a two-year deadline to leave the bloc, with some senior politicians calling for a quick departure.

    Prime Minister Theresa May, who campaigned for Britain to remain in the EU and leads a cabinet of ministers from either side of the debate, has said she will not trigger Brexit talks this year as Britain needs time to prepare.

    But British government ministers have warned senior figures in the City of London, London’s financial district, that Article 50 was unlikely to be triggered early in 2017 because the situation in government was “chaotic”, the Sunday Times reported on Sunday.

    “Ministers are now thinking the [Article 50] trigger could be delayed until autumn 2017,” one source, who had spoken to two senior ministers, told the newspaper.

    “They don’t have the infrastructure for the people they need to hire. They say they don’t even know the right questions to ask when they finally begin bargaining with Europe.”

    Asked about the reported delay to triggering Article 50, a Number 10 spokeswoman said: “The Prime Minister has been clear that a top priority for this government is to deliver the decision of the British people to leave the EU and make a success of Brexit.”

    “The PM has set out the government’s position on Article 50 and has established a new department dedicated to taking forward the negotiations,” she said.

    European leaders have taken a firm line on the speed of Britain’s exit, with German Chancellor Angela Merkel saying that while it was understandable that Britain would need a few months to figure out its strategy, “nobody wants a long period of limbo”.

    But behind the scenes, there has been a growing realisation in Europe’s capitals that the two-year window for negotiating Brexit is far too short.

    Britain created two new government departments to handle Brexit and international trade, led by David Davis and Liam Fox, two prominent “Leave” campaigners in the referendum.

    Davis has recruited less than half of the 250 staff he needs for the Brexit department, the Sunday Times said, while Fox has fewer than 100 of the 1,000 trade negotiators he is seeking.

  33. Posted August 14, 2016 at 5:28 pm | Permalink

    John, we need yuor help on Brexit and soon. I think needs to get you ´off the bench´ and into the scrum. As I have understood it the first steps below need a pro-Brexiteer and a senior one at that. That, John, is very obviously YOU!

    Triggering Article 50, formally notifying the intension to withdraw starts a two-year clock ticking. After that, the Treaties that govern membership no longer apply to Britain.
    The terms of exit will be negotiated between Britain’s 27 counterparts, and each will have a veto over the conditions.

    Two vast negotiating teams will be created far larger than those seen in the British renegotiation. The EU side is likely to be headed by one of the current Commissioners.

    The renegotiation process will be lengthy and difficult, because each state will have its own political imperatives. Given this has never happened before the future is a very uncertain one.

    I, and several of my friends – all of whom are small and medium sized business operators, seek some clarity from those with a clear view of the future and who are not afraid to opine. John, let´s hear your thoughts!

  34. Posted August 14, 2016 at 5:32 pm | Permalink

    John,

    I am holding the ñine as it were with some of my Doubting Thomas friends, colleagues and associates. A few are making for the door whilst I have been deliberately unnervinf them with scare stories about the folly of going ex-Pat. Examples here.

    How will it affect expats living in the EU?

    While the result will have major bearing on the future of Europe and on the futures of Britain’s political parties, it will also have a major impact on the lives of many Brits living throughout the EU.

    The fall in the value of the pound will have severely hit the value of pensions often the only form of income for British expats and may make it unaffordable for many to stay abroad.

    Nobody can really be certain what will happen next at this early stage but the most immediate impact will be volatility in the markets which will affect exchange rates and therefore the value of spending in other countries.

    John, any thoghts you could add to keep people chained to their oars would go a long way.

  35. Posted August 14, 2016 at 5:34 pm | Permalink

    John,

    help with hosing down this one is a priority.

    Transferring a UK pension to a QROPS will protect savers money from the political and economic earthquake that’s erupting in the UK.

    Thanks mate.

  36. Posted August 14, 2016 at 6:04 pm | Permalink

    John,

    Let´s have some pushback to all the bad news pouring out of what is eminently the correct approach for Britain. Out!

    What say you of this Britain to plug 4.5 billion pound EU funding gap for farms, colleges?

    Best wishes John

  37. Posted August 14, 2016 at 6:05 pm | Permalink

    UK construction output declines 0.9 pct m/m in June, as expected. Surely John a blip?

  38. Posted August 14, 2016 at 6:06 pm | Permalink

    Will all our problems be swiftly solved with Brexit John?

    Monetary policy only offers short-term balm for UK: BoE’s Haldane

  39. Posted August 15, 2016 at 2:29 pm | Permalink

    I am truly worried about some of the posts I see here.

    Is Britain a safe place anymore?

    I jeard that state pensions will be scrapped after Brexit

    Reply Of course they will not be scrapped!

  40. A Anderson
    Posted August 16, 2016 at 4:22 pm | Permalink

    Where are when we we need you Ike?

  41. John Sense
    Posted August 16, 2016 at 4:53 pm | Permalink

    Amid nuclear spat, Britain’s May tells China – We want stronger ties.

    John, can one infer from the above . readig between the lines . that May has accepted Britain´s loneliness in the world?

    I recall that at university, friendships were formed over the first six weeks and anyone without a circle by then was like an African boy who had missed the initiation ceremony through illness or travel. Is Britain alone in the world?

  42. John Sense
    Posted August 16, 2016 at 4:59 pm | Permalink

    The African boy who missed his initiantion – his life never really ´worked´properly.

    And the same sort of thing was true at Uni for the ditherers who thought that Fresher´s ´week´ was a party that would never end. It did. And promptly. After 6 weeks, friendships solidified.

    Is Britain´s party over at last? Dare I say it? Relegation from Greater to Middle Power?

  43. John Sense
    Posted August 16, 2016 at 4:59 pm | Permalink

    Treason? OR Home Truth?

  44. John Sense
    Posted August 16, 2016 at 6:00 pm | Permalink

    Asked if Britain needed pressing to get on with the talks, he added: “There is no need for further political pressure. I am quite sure that the economic pressure from Britain itself will be strong.”

    What could that mean? Is Germany threatening us?

  45. Ng Dilod
    Posted August 16, 2016 at 6:05 pm | Permalink

    Can we have some clarity on annuities please?

    Extract from Telegraph

    Eight years ago, a 65 year old with a £100,000 pot could have bought an income of £7,855.

    Just six months ago in January, a 60 year old could get a better deal than a 65 year old can today: then, a £100,000 could have bought an income of £4,930. That means they would have received five extra years of income compared to what a 65 year old would get today.

  46. Ng Dilod
    Posted August 16, 2016 at 6:10 pm | Permalink

    I am in financial agony here.

    Brexit has added to my pains of a saver wanting to buy income in the form of annuities, with the referendum outcome pressing down payout rates by almost 4pc.

    Ayeeeeh!

  47. Ng Dilod
    Posted August 16, 2016 at 6:14 pm | Permalink

    Tom McPhail, head of retirement policy at Hargreaves Lansdown, said: “Annuity rates are disappearing off the bottom of the chart. There is no certainty whether or when rates will go back up again.

    “It is also important to note that in recent years, anyone who decided to delay buying an annuity may well be worse off today.” 17 July 2016.

    He suggested that anyone planning to buy an annuity shouldn’t delay because rates today are lower than the past.

    “For many investors a mix and match strategy, putting some of their pension into an annuity and leaving some invested, may well be the best approach,” he said.

  48. Posted August 17, 2016 at 3:04 pm | Permalink

    As he prepares to leave his military career next month, Prince Harry has called to bring back National Service after revealing how his experience helped him.

    Look!!! If it´s good enough for Harry then what are we mucking about for?

    John, any help from your end would be most welcome.

  49. John Sense
    Posted August 17, 2016 at 6:53 pm | Permalink

    John,

    Will National Service be brought back after Brexit? Of so, is this the thin end of the wedge to restore conscription in a future war against ISIL in Iraq?

    Reply No

  50. John Sense
    Posted August 17, 2016 at 7:09 pm | Permalink

    Britain created the circumstances that caused investors to take a short position on the pound sterling. Investors have the skill of a shark when they smell blood in the water. Leavers understand none of this. Just as Soros made a billion when he took a short position on the pound, so will others. The pound is expected to fall to about $1.20 against the USD. That is an immediate problem for people who have saved money, since their money has lost one eighth of its value. It makes your goods cheaper and your businesses cheaper to buy for others. That will end with tariffs once Article 50 is invoked. Leavers will cheer as the ship of state slowly sinks into the sea. They will have their “freedom” at last.

    Reply Mr Soros was of course betting against a mad EU project called the ERM which gave him a successful pone way bet.

  51. John Sense
    Posted August 17, 2016 at 7:10 pm | Permalink

    As George Soros pre-warned: Some people will get very rich from Brexit, the rest of population will be considerably poorer. And lo, it came pass…

  52. John Sense
    Posted August 17, 2016 at 7:12 pm | Permalink

    The pound is the worst performing major currency this year, and this is just the start, just wait until we loose unfettered access to the world’s largest trading block. A weak currency is a very good indication of economic strength and long term prospects.

  53. John Sense
    Posted August 17, 2016 at 7:14 pm | Permalink

    The pound is the worst performing major currency this year, and this is just the start, just wait until we lose hitherto unfettered access to the world’s largest trading block. A weak currency is a very good indication of economic strength and long term prospects.

  54. Dustin Hoffman
    Posted August 18, 2016 at 5:06 pm | Permalink

    The case emerges as the cost of care homes continues to rise steeply, and as criticism grows of the Government’s plans to reform care funding. Legislation to introduce a “lifetime care fees cap”, which would limit care costs paid by any individual to £72,000, is going through Parliament now. It is supposed to become effective next year. The cap excludes accommodation and other costs, and so could still see people paying well over the proposed £72,000 limit.

  55. Jack Tervis
    Posted August 18, 2016 at 5:12 pm | Permalink

    Let´s take another look at releasing Harold Shipman in licence from prison to get rid of a load of old crumble.

    These doddering old people who don´t play golf everyday and drink red wine for their hearts are destroying Britain!

  56. Jack Tervis
    Posted August 18, 2016 at 7:41 pm | Permalink

    Call for UK coal mine closures to be reveresed. Send all those lazy scroungers down pit!

    “Coal markets, after five years of declining prices, appear to have found a bottom in the first quarter,” Australia’s Whitehaven Coal said on Thursday, as its shares hit a three-year high on the release of its annual results.

    “Reasons for the increase in prices include mine closures in Indonesia, United States and Australia and policy change by Chinese authorities,” Whitehaven said, adding it was confident that coal prices will rise.

  57. Jack Tervis
    Posted August 18, 2016 at 7:46 pm | Permalink

    Follow the market

    China’s power consumption has also risen against expectations, jumping 8.2 percent from a year ago in July to reach 552.3 billion kilowatt hours.

    Teresa needs to jump all over this. Britain has the coal sitting there. And a bunch of lazy dole scroungers can be sent direct from the dole office to dig it out. China wants it. LET´S GO!!!!!!

  58. Jack Tervis
    Posted August 19, 2016 at 3:41 pm | Permalink

    Remainer May is backsliding John. I can feel it in my water John. etc ed

    LONDON – British Prime Minister Theresa May will not begin formal divorce talks on leaving the European Union before the end of the year, a government spokeswoman said on Friday.

  59. Jack Tervis
    Posted August 19, 2016 at 3:43 pm | Permalink

    I have just returned from the golf club and the feelings about May are unanimous. Any help from your end John would be most useful.

  60. Jack Tervis
    Posted August 19, 2016 at 3:56 pm | Permalink

    You know. Like NEW LABOUR, NEW DANGER. But for tourism.

    Take your holidays her in Bridlington not abroad – it´s dangerous overseas!!!

    That sort of thing – John- are you the right conduit?

  61. John Rice
    Posted August 19, 2016 at 4:05 pm | Permalink
  62. Dull B´stard
    Posted August 19, 2016 at 6:19 pm | Permalink

    I am truly terrified now.

    LOOK!!!

    Think of it as the 1939 “phoney war” before five years of the real thing.

    “(The) retail sales data tell us next to nothing about the health of the UK economy after the Brexit vote,” Andrew Brigden, chief economist at Fathom Consulting, said.

  63. John Sense
    Posted August 19, 2016 at 8:19 pm | Permalink

    Why, oh why do the Remainers keep spoiling our Brexit Fun.
    Only five minutes ago an article on commercial property doom poppd up on Reuters.
    Free speech is one thing, but saying things that could damage Britain is just plain wrong.

    LOOK!!!

    Alcohol makes me very happy.

  64. Jack Tervis
    Posted August 31, 2016 at 12:12 am | Permalink

    “Where is our Queen? Where is her Flag?”

  65. Adebowale Maduako-Ng
    Posted September 16, 2016 at 11:11 am | Permalink

    I notice that Teresa May didn´t get an invite to the September EU Summit and we are now hearing that UK doesn´t have a voice, no-one care what we say and we had better get used to it. Any thoughts John? When I was at school the world map had Britain in the centre, where it rightly belonged.

  66. Jack Tervis
    Posted September 16, 2016 at 11:21 am | Permalink

    Britain, unfortunately, will have little or no say over what happens next. Theresa May is not invited to Bratislava. The summit will take place without her. The government is not being asked for it views on the crucial issues confronting Europe and, if it chooses to air them, it is increasingly likely, as time goes by, that it will be ignored. The EU wants only one thing from Britain right now, as Donald Tusk, the European council president, reminded May last week: a firm date for starting exit negotiations. And this, unfortunately again, May is unwilling or unable to give them.

  67. Jack Tervis
    Posted September 20, 2016 at 1:43 pm | Permalink

    I refer Thomas to my earlier post!!!!!

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    John Redwood won a free place at Kent College, Canterbury, He graduated from Magdalen College Oxford, has a DPhil and is a fellow of All Souls College. A businessman by background, he has been a director of NM Rothschild merchant bank and chairman of a quoted industrial PLC.

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