Category Archives: Uncategorized

72% of Conservative members oppose the draft Withdrawal Agreement

I was surprised as many as 23% of Conservative members support the draft Withdrawal Agreement. Maybe they heard the Prime Minister say on tv that we are taking back control of our laws, our money and our borders and ending freedom of movement. We all agree with that. That is exactly what the EU Withdrawal […]

Posted in Uncategorized | 60 Comments

The economic benefits of leaving with no Withdrawal Agreement

The Eu’s refusal to discuss the future partnership and trade arrangements before we leave means we now have a simple choice. Sign an expensive and damaging deal and try another 21 months or more of talks, or leave and trade under WTO rules on terms we set out. Its obvious we must just leave. Doing […]

Posted in Uncategorized | 155 Comments

The detail is worse in the Agreement

So as we feared the ECJ has a big role, we cannot unilaterally leave the customs union and may have to stay in for a long time if there is no mutually agreed exit deal. All the government has achieved is the elimination of the Article 50 right to leave we currently enjoy. Our negotiating […]

Posted in Uncategorized | 284 Comments

The loss of two Brexit Secretaries is more than carelessness

The government has centralised the Brexit negotiations through the PM and Cabinet Office. Senior officials have negotiated under the PM’s authority bypassing the Brexit department and sidelining the good negotiating and political advice of two Brexit Secretaries. Cabinet members were not sufficiently involved or informed in crucial issues affecting the whole government and their departments.No […]

Posted in Uncategorized | 75 Comments

This is no deal – this is just a very bad Withdrawal Agreement to make us pay and bind us in

So the Cabinet took much longer to discuss the deal than the PM wanted. The news conference was cancelled and the statement at 5pm happened more than two hours late. The awaiting EU Ambassadors in Brussels lined up to welcome the Cabinet decision were stood down. Maybe ten Cabinet members expressed grave misgivings about the […]

Posted in Uncategorized | 251 Comments

German GDP falls in 3rd quarter

Whilst UK Gdp rose by 0.6% in Q3, it fell in Germany by 0.2%. I don’t expect the BBC to say that’s because of Brexit, though they would have done if it had been the other way round!

Posted in Uncategorized | 73 Comments

My contribution to the Second Reading of the Finance Bill, 12 November 2018

John Redwood (Wokingham) (Con): I have declared my business interests in the Register of Members’ Financial Interests. In the third quarter of this year, the United Kingdom economy grew considerably faster than the euroland economy, which is very welcome. It is a timely reminder that since 2010, under first the coalition and then the Conservative […]

Posted in Uncategorized | 75 Comments

The government must not sign this draft Withdrawal Agreement

This is a bad deal. The government should drop it now. Parliament is unlikely to pass the necessary legislation for it. I will vote against were they to try. If we cant get a good future partnership before we pay them any extra money, why would we get one once we have signed away the […]

Posted in Uncategorized | 131 Comments

The pound bounces around

News that there might not be a deal was said to have lowered the pound yesterday. Quite why signing a Withdrawal Agreement to force the UK to send another £39bn across the exchanges to the rest of the EU should be good news is anyone’s guess. Of course it was not quite like that. The […]

Posted in Uncategorized | 107 Comments

Machine gaming

The government decided to cut the maximum stakes allowed on gaming machines from £100 to £2. It is very worried about addiction to these machines by people who cannot afford the scale of losses some run up. The Treasury has decided to delay the implementation of this measure to give the gambling companies more time […]

Posted in Uncategorized | 80 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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