Author Archives: johnredwood

Why the EU paper on transition is unacceptable

I am glad David Davis objects to the language of the EU paper. I trust he also objects to the following in it “The UK may not become bound by international agreements entered into in its own capacity in the areas of exclusive competence of the Union….” “For the purposes of the Treaties,during the transition […]

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The Bank seeks to slow the economy some more

As I have reported before, the Bank of England has been tightening money conditions for sometime because it wishes to slow the UK economy. It has recently increased the base rate to 0.5%. It used macro prudential policy to seek to rein in consumer credit. It has been particularly successful at reducing car loans and […]

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Negotiating a deal

Both the EU and the UK government would be wise to study why their last negotiation before the referendum went so wrong. The two parties wanted the same outcome – a deal which enable the UK to vote to stay in the EU. Their failure has left the EU struggling with the departure of one […]

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What is a Customs Union – a set of restrictions on trade

It is most important not to confuse a free trade policy with a Customs Union policy. The main point about a Customs Union is the wish to impose tariffs and barriers against the rest of the world that are legal under WTO rules, knowing that the WTO would prefer the members of the Customs Union […]

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The costs of belonging to the single market and customs union

In what passes for a debate about Brexit I have got used to the barrage of commentary that thinks it is wholly or mainly about trading arrangements, when it is really about how we are governed, to whom our government is accountable, who raises and spends the tax money and who makes the laws. Many […]

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There is more intergenerational co-operation than battles

I have long disagreed with my old friend David Willetts and those who think the baby boomer generation have done too well at the expense of the generations that follow. I am not pessimistic like them about the upcoming generations, who may well go on to harness new ideas and new technologies to make themselves […]

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The last stage of the EU negotiations

The PM’s critics say she does not know what she wants from the EU. Those who say this should read what she has written and spoken. The following things are crystal clear in her statements: The UK is leaving the EU on 29 March 2019 The UK is leaving the single market and the customs […]

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Where will the new jobs come from?

It is fashionable to be gloomy amongst leading commentators and economists. One of the things many of them are now worrying about is what new jobs will emerge to provide alternative employment, as the robot and artificial intelligence revolution gets into full swing?  My message is they should relax and study a little history. Past […]

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My speech during the debate on the Restoration and Renewal of the Palace of Westminster, 31 January

John Redwood (Wokingham) (Con): There is good news in this debate, which is that there seems to be universal agreement, from Members in all parts of the House, that where urgent work needs doing to guarantee the future safety of those who work in this place and those who visit, we should press on with […]

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Silly figures about the UK economy

It’s been ground hog week in the Commons. Labour has tried to imply the government was suppressing bad news, when Ministers were merely refusing to publish forecasts that look widely inaccurate and are similar to the wildly inaccurate short term forecasts and probably wildly inaccurate long term forecasts the Treasury published for everyone to consider […]

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  • About John Redwood


    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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