Brexit

The EU’s debt bondage expansion

In the global market for government debt, worth an estimated $92 trillion (£66 trillion), it amounts to little more than a drop in the ocean. The European Union this week issued the first €20 billion (£17 billion) of bonds to pay for its Coronavirus Rescue Fund. The money itself doesn’t amount to very much one way or another. And yet, the Commission’s President Ursula von der Leyen was surely right when she described it as a ‘truly historic day’. Why? Because, the Commission is already using it to seize control of fiscal policy, just as it used vaccine procurement to take control of health policy. Its enthusiasts have already hailed the

The real value of the Australia trade deal

If Britain had been unable to agree a trade deal with Australia, then Brexit really would have been pointless. The country is one of our greatest allies and we have no rational reason to fear its beef, its sugar or its people. A free trade deal, aligned with visa-free travel, ought to have been the easiest deal to do. A deal is now done, phasing in these freedoms over 15 years. But even this sluggish pace is too fast for the protectionists who are popping up. Some have predicted that our beef farmers will be ruined and the countryside laid to waste as our markets are opened to competition. Many

The UK-Australia free trade agreement is a triumph

How significant is the UK-Australia trade deal announced this week during Prime Minister Scott Morrison’s visit to Britain? Well, Australia already has 17 genuine free trade agreements, including with the United States, Japan and China. But the free trade agreement with the UK is undoubtedly one of the highest quality agreements Australia has ever reached. In terms of the liberalisation of markets, it is only exceeded by the free trade agreement Australia has with New Zealand. This demonstrates something very important: that the UK, having left the European Union, is going to be a genuine champion of global trade liberalisation. That will not only be good for the British economy

Brexit, lockdown and the fracturing of British politics

Is our society becoming less tolerant and more viscerally tribal? Or is our politics provoking people into committing more angry and desperate acts? The harassment of BBC Newsnight political editor Nick Watt in Whitehall this week by a group of anti-lockdown protestors recalled the ugly mood that descended on the environs of the Palace of Westminster during the Brexit stalemate of 2016-20. Back then, it was Remainer MP Anna Soubry who suffered the worst incident of intimidation, while the Leaver Jacob Rees-Mogg was also horribly abused by a pro-EU crowd as he walked home from a key vote with one of his children. Many of us might have hoped that

The protocol may be Boris’s greatest masterstroke

The jibes thrown at Boris Johnson over his unhappiness with the Northern Ireland protocol — based on the obvious observation that he was the one who signed it — have been based on the assumption that he is either a liar or a fool. A liar because he knew full well what he was signing up to, or a fool for not knowing what he was agreeing to. Does anyone think that officials told him that the protocol would prevent Northern Ireland having access to some cancer drugs? Or guide dogs being unable to move between GB and NI? Keir Starmer has repeated the jibe about Johnson. A further version is

Keir Starmer is alienating both sides in the Brexit debate

What is it with Labour and Brexit? An issue that during Theresa May’s premiership looked like it could rip the Conservative party apart has instead made them electorally invincible – and caused huge problems for the Labour party.  For that reason, Keir Starmer tends to avoid the topic these days, seeking to show that he and his party have ‘moved on’. But some days, he can’t help himself. Yesterday was one of those days. Speaking about the Northern Ireland protocol on the radio, Starmer said: ‘We do need to remind the Prime Minister that he signed on the dotted line: this is what he negotiated. If he’s saying it doesn’t

We don’t have to swap sovereignty for trade

A new court will be established with powers over both countries. Labour and product laws will be harmonised. Flags with kangaroos and crowns will flutter over buildings, there will be a special parliament moving weekly from Cairns to Coventry and an anthem that mashes up Rolf Harris and The Beatles will be played at every opportunity.  For years, we have been lectured by europhiles that free trade requires a pooling of sovereignty There were lots of things that could have been in the Australian-UK trade deal that was finally agreed today but which aren’t. In truth, the most significant point about the deal is not what it includes, but what

Boris Johnson’s Northern Ireland problem

In an at times grouchy press conference, Boris Johnson tried to calm the row over the Northern Ireland protocol. The Prime Minister declined to comment on what Emmanuel Macron is supposed to have said about Northern Ireland’s position in the UK. He said that the whole issue of the protocol had taken up a ‘vestigial’ amount of time at the summit. (Interestingly, Mujtaba Rahman of Eurasia Group, who is particularly well connected in EU capitals, says that he has been told it took up two-thirds of the conversations in the margins of the summit).  Instead, Johnson wanted to emphasise the vaccine commitments that the summit had made and how these

How to fix the protocol

The blame game between London and Brussels over the Northern Ireland protocol obscures the fact that there are solutions waiting to be found. There are, as I say in the Times today, ways to reform the protocol and better protect the Good Friday Agreement while not threatening the integrity of the single market. Three changes would render the protocol far more acceptable Three changes would render the protocol far more acceptable and would better position it to withstand the undoubted pressures it will come under when the EU and UK start to diverge their regulations.  The first of these is a trusted trader scheme for food. This would allow registered

Biden proves that Trump was a true British ally

Now that Joe Biden has landed in the UK, many Brits may be realising what a stalwart friend they had in Trump. Within minutes of arriving on UK shores, Biden was denouncing Britannia, Boris, Brexit — you name it. Far from hailing the UK, America’s most cherished ally, BIden was showing Britain a bullying disdain that should be reserved only for China or Iran. It is difficult to conceive of two stranger bedfellows than the golden-tongued Old Etonian and the awkward, plain-spoken ‘blue collar’ Joe Biden. But rhetoric, style and acuity aside, the two heads of government face divergent motivations when it comes to policy — these are likely to challenge the British-American partnership. Last

Joe Biden doesn’t understand Northern Ireland

Even a pessimist could be forgiven for being surprised by Joe ‘I’m Irish’ Biden’s ham-fisted intervention in the ongoing row over the Northern Ireland protocol. If Boris Johnson’s remark that the phrase ‘special relationship’ didn’t ring true before, they certainly must after the President opened his visit by quoting Y.B. Yeats on the Easter Rising… while visiting a Royal Air Force base. It will also be a wearisomely familiar routine for Ulster unionists, who have been scorning American pressure to abandon Britain since at least the days of Woodrow Wilson. How will the government respond? There remain many on the right bewitched by yesterday’s Atlanticism. It ought to be absurd

James Forsyth

Why this G7 summit matters more than most

It’s risky planning a trip to the British seaside at any time of year. But if the weather forecast is to be believed, Boris Johnson will get away with this gamble at the weekend’s meeting of the G7 at Carbis Bay in Cornwall. Brexit’s critics were always going to seize on any evidence that Britain was being sidelined by the rest of the world after we left the EU. So it is fortunate for the government that the UK is the host of this year’s summit because it has placed this country at the centre of things. This G7 is unusually consequential. It is the first time that these leaders

It’s time to revisit the Northern Ireland protocol

Britain has already seen two ‘Brexit days’ — when it formally left the EU on 31 January 2020 and the end of the transition period 11 months later. But given that it has taken less than six months for the Northern Ireland protocol to unravel, it’s horribly clear that our future relationship with the EU is anything but settled. The transport of sausages and other chilled meats from Britain to Northern Irish supermarkets may seem a trivial matter. But the attempt by the EU to enforce a ban on this trade demonstrates what so many people found problematic about the idea of an internal UK border down the Irish Sea.

Ed Miliband’s Brexit ‘embrace’ isn’t fooling anyone

Ed Miliband gave an interview this week in which he decided it would be a good idea to bring up the topic of Brexit. The interviewer spotted an opportunity and asked Miliband if he had ‘embraced’ our departure from the EU. ‘You’ve got to embrace it because that argument is over,’ was the former Labour leader’s response. That one sentence was a perfect demonstration of the way Labour’s top figures keep getting Brexit wrong, and continue to fail to understand why the issue hurts them as it did in Hartlepool a month ago. Labour now have two basic ways to go on Brexit. One is to become the soft anti-Brexit

Nick Cohen

Labour is in last chance saloon

If they have any sense – a proposition I will test later – officials from Labour, the Liberal Democrats and Plaid Cymru will be beginning meetings to work out a pact for the 2023/24 election. If they do not agree to a joint programme, there’s a good chance that Conservatives will be in power until a sizeable portion of this article’s readership is dead. The next redrawing of constituency boundaries in 2023 is almost certain to favour the Conservatives, adding ten seats to the already unhittable target of 123 constituencies Labour needs to win to govern on its own. There’s a possibility that Scotland could be independent by the end

Tim Martin isn’t a Brexit hypocrite

Heinz is expanding a huge factory in the UK. Tesla is reportedly scouting the north for locations for a new car or battery plant. Even the pound is bouncing to three-year highs.  It has been a difficult few weeks for some hardcore Remainers. Still, at least there is finally something to cheer them up. Tim Martin, the pugnacious founder of the pub chain JD Wetherspoon argued today that the government should relax immigration rules to ease a shortage of labour.  For the dwindling band of believers in the EU, it was a gotcha moment. At last, one of the leading backers of our departure from the EU was experiencing some ‘Bre-mourse’.

The DUP has been broken by Brexit

Are we witnessing the end of the DUP as the dominant unionist party in Northern Ireland? Tumultuous events in Belfast in recent days suggest as much. The DUP gathered on Thursday night to ratify the appointment of Edwin Poots and Paula Bradley as the party’s new leader and deputy leader. A dull rubber-stamping it was not; the meeting turned into the most public display of discord and factionalism in the party’s 50-year history. Rather than listen to Poots make his acceptance speech, Jeffrey Donaldson, the MP Gavin Robinson and both Nigel and Diane Dodds stood up and left. Dissatisfaction with how Arlene Foster was treated was given as the reason for

A brilliant, tense, ragged slice of drama: Waiting for Lefty reviewed

A Russian Doll is a monologue about Putin’s campaign to swing the Brexit vote in his favour. It stars Rachel Redford whose Borat accent becomes grating after a little. She plays Masha, a computer wizard and language expert, who works for a firm of hackers appointed to spread fake news ahead of the referendum. Masha uses two techniques. She poses as a British Facebook subscriber and drops scary comments on to her timeline. ‘If we don’t leave the EU, Muslim extremists will flood the country.’ Her other ploy is to share a quiz about bikinis with her female correspondents. If the offer is taken up, the bots can harvest data

Martin Vander Weyer

Who cares who runs the railways? We just want them to run on time

The long-awaited review of the railways by former British Airways executive Keith Williams chugged past the platform of public debate without creating much stir. Politicos noted that it had become ‘the Williams-Shapps Plan’, indicating an urge on the part of Transport Secretary Grant Shapps, in Tony Blair’s words, to be personally associated with eye-catching initiatives — in this case, especially those that have nothing to do with the issue of whether British holidaymakers will be allowed to fly abroad this summer. But the review’s core proposal — a new public body called Great British Railways that will control tracks, timetables and fares, and contract with private operators to run trains

The EU is overplaying its hand on Northern Ireland

The EU’s decision to take control of the vaccine programme was hardly a roaring success. The eurozone’s economy remains stuck in recession. And the EU’s foreign policy is a mess, as events in Belarus have just made clear.  Still, despite the evidence that she isn’t very good at managing anything, no one can argue that the European Union’s president Ursula von der Leyen lacks self-confidence. Last night, she made it clear there could be no possible compromise over the Northern Ireland protocol. The trouble is that she could easily bring the whole trade deal between the EU and the UK crashing down. As so often, the EU is overplaying its