I have been asked to write about the so called cliff edge if we leave the EU without a deal. That is easy to do.

There is no cliff edge.

It’s another of those silly metaphors that have characterised much EU debate for years, like the instruction that we must get on the train, or be part of the convoy. The EU was never either a train or a convoy. It is a set of ever increasingly complex laws and rules, a single currency, common borders, the four freedoms and the rest as they progress to political union.

If we leave without a deal the planes will still fly from Paris to London on 30 March 2019, the Danish pig farmers, and French dairy industry and the German car industry will still send us their products.

I don’t understand why there is any lack of clarity on this simple subject. The UK owes our regular contributions up to the date of departure. The UK owes no contributions thereafter or special payments to leave.

If they want us to stay in the EIB we can come to an agreement about our capital in that Bank. If we want to stay in Erasmus and they want us in there will be a continuing payment related to our share of Erasmus spending as a non EU member of it. Our paid up capital in the ECB is small and not a major issue. If they want us to keep our small shareholding we could.

The volume of retail sales was up 0.9% in June. We now know that in the first year post the Brexit vote retail sales increased by 2.9% in volume, confounding pessimistic forecasts. The value of these sales rose by 5.7%, with petrol prices the most buoyant affecting the figures.

The single market was meant to promote good long term investment both ways across the Channel. The weakest type of business arrangement is an agreement to buy their exports. You can always switch to some other company and country to buy your next consignment. The strongest is founding businesses in other EU countries and growing them in situ.It is much more complex closing them down or selling up.

The French and Germans have been keen to exploit opportunities to invest in the UK and establish businesses. Just look at the way Aldi and Lidl have brought their business model to UK shoppers, and grown a large market share. Look at the way the French have exploited easy access for mergers to buy up large amounts of the UK utilities sectors. The UK does not have similar freedoms on the continent where nationalisation, government controls and directions impede similar investment.

In contrast, the UK’s largest food retailer, Tesco, has no shop at all in France or Germany (or for that matter in Italy or Spain). In general retailing, an area of UK strength, M and S set up a continental business only to close most of it down in 2001 claiming it was not profitable and had no future. M and S today has just a few shops in the Paris area, with nothing in Germany, the continent’s largest and richest market. Boots too has no stores in France or Germany.

Most UK multinationals have made far larger commitments to the USA and to Asia than they have to continental Europe. Some have found too many cultural and business model barriers to establishing in Europe. Most have found it easier and more worthwhile to establish in the USA. Perhaps the enthusiasts for the single market writing to this site could help us as to why this is true.

“Pound rallies strongly by 7% against the dollar as investors see positives in Brexit.” (Pound up to $1.30 from low of $1.20)

“UK economy grows 2% in year to end March 2017 as Brexit gives consumers a boost”

“Jobs bonanza in post referendum UK. UK reaches record levels of employment in the summer of 2017 after the vote”

“UK companies think main problem with Brexit is they may not be able to attract enough low cost labour from the continent to fuel their continuing expansion plans in UK”

The UK art market is one of the big three in the world, coming second after New York and a little ahead of Hong Kong/Shanghai. 98% of the world’s expensive paintings are sold through one of these three markets.These 3 account for 81% of total world art market turnover between them.

Only 3% of the UK’s art exports go to the rest of the EU. Imports from there account for 16% of the total. The EU has imposed two extra costs on the London market not charged to clients of New York or China. One is a VAT on imports. The other is the living artists levy on a re sale.

In typical EU fashion they have invented rules and taxes that make an EU based market less attractive. London has lost some market share to New York and China as a result. It has not helped continental centres. The UK has 21% of the global overall market, and 62% of the European market.

Once we have left the EU the UK could cut the costs imposed. The VAT has cost us some business, but collects very little tax as a result.

It would be good to hear more from other media about the opportunities for us to do better out of the EU in sectors we are good at or have a natural advantage in. I have talked about fishing before, and agriculture is another obvious one. The Art market is an excellent example of something we are good at, something which generates well paid jobs with a high level of training and interest. Out of the EU we can help it grow faster.

The ONS today announced a fall in the UK inflation rate in June. That came as no surprise to me, as the main upwards driver of the inflation rate has been oil and commodity prices, and they have weakened a bit recently. The BBC thinks our inflation rate has risen owing to a decline in the pound – a decline which started in the summer of 2015, not with the Brexit vote.

The ONS now confirms in their analysis that the UK inflation rate has risen and now fallen a bit in line with other countries – e.g. US and Euro area – owing to movements in commodity prices. Time for the BBC to catch up with reality.

I agree with the Chancellor about one thing. It is best if private conversations around the Cabinet table remain private. Every member should be able to put their case, and all come out telling us what was agreed. If we learn about everything that is said it makes it more difficult for Cabinet to consider awkward issues or unpopular views.

There seem to be two main arguments underway which are now the stuff of media speculation. There is the argument about public sector pay and spending levels. There is another argument about the nature of Brexit.

The pay round is now well advanced. The government did set guidance of a 1% overall payrise for the public sector. Individual Pay Review bodies can propose more in the light of supply/demand circumstances, current levels of pay and standards of living, comparability with other groups and the rest. Government is likely to accept the recommendations of the Review Bodies. I have suggested government give more consideration to productivity based deals where employees receive something for something, more money for working smarter. Government has plenty of scope to help employees work smarter with more technology back up and better training.

The issue of Brexit is meant to have been settled. The government reached a common position for the Article 50 letter and the White Paper. Apparently there are arguments about a transitional deal. We are still 20 months away from leaving, plenty of time to do a proper deal about our future relationship. Surely you would only consider an implementation phase near the end if there really are problems that will take a bit longer to work out. It will be no easier negotiating a transitional agreement than an agreement, so lets get on with the real thing.

There need be no cliff edge without an agreement. We know how WTO operates and what it looks like. There is plenty of time to put in place the landing rights, customs checks and the rest for continued EU trade. We should be doing that just in case there is no deal.

What a nonsense this row is about so called Henry VIII clauses.

All our current EU laws either were imposed direct with no reference at all to Parliament, or had to be voted through Parliament as Statutory Instruments in order to comply with decisions already made by Brussels. Thousands of EU laws became our laws with no opportunity for Parliament to debate and vote on them as draft Acts of Parliament. Parliament was warned it could not vote down SIs that were needed to implement Directives, and an alliance of the two main front benches ensured they always passed.

Now Parliament is debating at great length transferring all these laws into UK laws by a full Act of Parliament. Thereafter if we wish to change any of them we will be able to so, but again it will take a full Act of Parliament to do so. That is the restoration of the democratic control we voted for.

Because the draft Act says Ministers for a 2 year period may make technical adjustments so these laws still work in the way intended once they are Uk law by passing a Statutory Instrument Labour is wrongly saying this is not democratic.

The power will only be used for technical changes like striking out reference to other member states in what becomes a UK law, or substituting a UK’s court or other body to adjudicate or act where an EU institution does at the moment. Parliament will still be involved as any Statutory Instrument can be debated and voted on if the Opposition wishes.

It is embarrassing to hear and see so much airtime given over to this non story. Why did we never hear about the complete absence of democracy for all those laws the EU imposed on us? Why was it right to allow SIs for major changes to our law when it came from the EU, yet it is not even allowed to use SIs for technical changes to keep the purpose and effectiveness of the inherited EU law?