Category Archives: Uncategorized

The pound and the letter

Some said the pound would tumble more when we sent the letter. Instead this week in the run up to its delivery the pound has remained fairly steady at around $1.24 and Euro 1.15, above the lows of October last year when the pound reached $1.20 and 1.10 Euros. The cut in UK interest rates last […]

Posted in Uncategorized | 3 Comments

Independence!

Independence Day will forever be 23rd June. UK voters decided they wished to be self governing again on that day last year. March 29th will also be high in our affections. Today is the day we send in our formal withdrawal from the EU. As Lord Pannick argued in Court and in the Lords, the […]

Posted in Uncategorized | 43 Comments

The walk away option is real

The EU has constantly underestimated UK unhappiness with the EU and our resolve to leave as a result. They are in danger of doing so again. They are determined to believe just leaving is impossible, because it does not suit them. No worry that it forces them into their own Project Fear. No worry that […]

Posted in Uncategorized | 139 Comments

Henry VIII clauses

Henry VIII legislation is a pejorative term for laws passed without Parliamentary approval.  The EU has been good at using such powers. Henry VIII sometimes passed laws by proclamation, without reference to Parliament. That is exactly how the EU legislates when it puts through directly acting Regulations. The UK Parliament cannot amend or vote down […]

Posted in Uncategorized | 27 Comments

“The construction of European Unity is a bold far sighted endeavour” The Rome declaration

Now we know what the EU wants without the UK. The Rome Declaration signed last week-end sets out the full scheme for the Union. It is as Eurosceptics described. It is certainly not the minimalist EU based around a single market of Mr Blair and Mr Brown’s imagining. As the Declaration says, “We have built […]

Posted in Uncategorized | 99 Comments

Retail sales and inflation

The official forecasters and many commercial economic forecasters have now joined me in expecting around 2% growth in 2016 and 2017. They took their forecasts on a wild big dipper which I avoided,  plunging their estimates  to low growth or no growth. They thought both investment confidence and consumer confidence would bomb after the Brexit […]

Posted in Uncategorized | 37 Comments

Happy Birthday to the EU

I wish the EU well on its 60th birthday. The exit of the UK gives the EU a real chance to complete its currency union, and its borders union, two central features of the EU project that the UK under all parties in government was unwilling to accept. Freed of UK scepticism and reluctance, maybe […]

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Reassurance to all EU citizens living and working in the Wokingham constituency

I have always said to those worried that I am sure all EU citizens living and working legally in Wokingham now will be free to stay if they wish after Brexit. The UK government has always indicated that is it wish, but pointed out we need the same assurance for our citizens living on the […]

Posted in Uncategorized | 37 Comments

The President of the Commission gets it right at last

Mr Juncker in his recent interview at last acknowledges that granting the right to stay and to work on the continent for all those UK citizens who currently do so is “about respecting human dignity.” He now says  “This is not about bargaining”. I have been a sustained critic of the EU’s refusal to live […]

Posted in Uncategorized | 26 Comments

What should be the age to receive your State pension?

We have received a couple of reports this week discussing the age at which people should be entitled to a State pension based on their NI contributions. Current policy is to raise the age from 65 to 66 in 2020, and to 67 in 2028. As people live longer, so the cost of their pensions […]

Posted in Uncategorized | 121 Comments
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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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