Eu

Mark Carney clashes with Jacob Rees-Mogg over BoE’s Brexit warnings

Jacob Rees-Mogg and Mark Carney’s clash at this morning’s Treasury Committee was a masterclass in passive aggressiveness veiled in pleases and thankyous. From the words being said, it wasn’t clear there was any enmity in the room. But Carney’s expressions couldn’t have made things clearer: there is certainly no love lost between these two. Before the referendum, Rees-Mogg said Carney had come under ‘undue influence’ during the referendum campaign from the Treasury. Today, the Tory MP went on the attack in the politest way possible as he tried his trump card question once again about whether Carney would have conducted himself in the same way during a general election. Last

MEPs tell Brits: Auf wiedersehen et bonne chance

‘I am deeply concerned. I am usually quite the optimist but this is probably the first time that I have ever been pessimistic about the future of the European Union. Brexit will feed populism across Europe. And we can hardly expect to bounce back with the heads of State and government that we have today in Europe.’ Françoise Grossetête is a veteran at the European Parliament. The French 69-year-old MEP first took office in Brussels in 1994. For the last two years, she has been the deputy leader of the EPP group, the europhile conservative group in the European Parliament. Grossetete is not her usual chirpy self, as she gives

Letters | 7 July 2016

Junior elitists Sir: In response to Andrew Peters’s reminder that in many cultures it is the older and more experienced whose views are respected, I am stunned by the social media tsunami of self-regard shown by so many apparently well-educated young people in the wake of what they see as an adverse referendum result (Letters, 2 July). I have heard many of them vehemently expressing a sense of betrayal by their elders and, not a few times, by those less educated than themselves. Do they not realise that they are already sounding like junior members of the self-serving, self-appointed elite, the very people whose blinkered arrogance led directly to Brexit’s

Sleepless by the strait

In my novel Three Daughters of Eve, a well educated housewife with kids looks at her motherland, Turkey, and thinks: ‘They are not that different. My own life and this land of unfulfilled potentials.’ I wrote this novel in English first. It was then translated into Turkish by a professional translator, after which I rewrote it with my own rhythm and vocabulary. It’s a bit crazy, this constant commute between English and Turkish. There are things I find much easier to express in English — e.g. humour, irony, satire — and others I find easier to say in Turkish — melancholy, loss. The book is published in Turkey this summer

Martin Vander Weyer

Is Brexit’s impact coming at us like a derailed train – or am I panic-mongering?

I enjoyed the Daily Mail’s lambasting of the Financial Times as ‘panic-monger-in-chief’ for its doom-laden post-Brexit tone: ‘Is it determined to provoke a downturn in a bid to justify its lurid predictions?’ And I’m happy to let ‘Britain’s most self-important business newspaper’ take some flak, my own rather downbeat column last week having been so at odds with our ‘optimist’s guide’ on other pages. Panic-mongering used to be the Mail’s own stock-in-trade back in the Gordon Brown era, when it regularly invited me to wax apocalyptic on ‘the death of the middle classes’ in response to stock-market wobbles and stealth taxes. But there’s a serious point behind its FT-bashing, which

Imperial ambitions

Early on the morning of Friday 24 June, Darren Gratton went into his butcher’s shop in Barnstaple and changed his wall signs, which at this time of year are mostly about barbecue packs. Emboldened in the Brexit dawn, he deleted all references to ‘kg’ and replaced each one with ‘lb’. Tempted to do the same to the labels inside the display cabinets, he decided not to, for fear of a threatening call from Trading Standards. But that small act of wall-chart insurrection was enough to spark an article in the local paper, which triggered a deluge of emails from other shopkeepers across the country in support of his brave action

Frexit – oui ou non?

In France, Brexit has provoked resentment and shock. For many years-Britain has been seen in both Paris and-Brussels as the European ‘bad boy’, out for what it can get and intending to give as little as possible in return. The first news was greeted with headlines such as ‘Can Europe-survive?’ but there was also a note of relief: ‘End of 40 years of love-hate’. Even before the referendum, Emmanuel Macron, the finance minister, had denounced the British record in Europe, claiming that the-United Kingdom had hijacked the great project and diverted the Union from its political destiny in order to reduce it to a single market. Last week, as hostilities

The question for Stephen Crabb, can you go toe to toe with Vladimir Putin?

The Tory leadership hopefuls all appeared before a packed out 1922 hustings tonight. First up was Michael Gove. His pitch was that he had the conviction, the experience and the vision to lead the party and the country. He argued that the Tories’ aim should be to help those on £24,000 a year. Surprisingly, Gove wasn’t asked any questions about what had happened between him and Boris Johnson last week. However, he was asked twice about his former adviser Dominic Cummings. Gove said that Cummings would have no formal role in his Number 10. Gove was typically fluent, answering nine questions in the fifteen minutes allotted to him. He was

Nigel Farage’s full resignation speech

I’m aware that not everybody in this country is happy. Indeed, a lot of young people have been wound up by scare stories and are actually very angry and very scared about their future. It’s an irony really, that it’s the youth of a country that appear to be worried right across the whole of the European Union. It is the under-30s that are protesting in the streets against undemocratic centralised control and indeed against the Euro and virtually everything that emanates from Brussels. In time, I hope that some of these sharp divisions can be healed when people start to realise that actually life outside the European Union is really very exciting and

Katy Balls

Ukip leadership: runners and riders

Today Nigel Farage has announced that he will be standing down as Ukip leader. Farage has pledged not to ‘unresign’ this time around, stating that now he has achieved his goal in the referendum, it’s time he ‘stood aside’ as leader of the party. This means that the search is on to find Farage’s successor. With Farage known to have a fractious relationship with some members of Ukip, his departure could mark a new more harmonious chapter for party relations. Steven Woolfe: Woolfe is the one to watch in the race. Loyal to Farage and with experience as an MEP, he has been being talked up as a future leader in Ukip circles

Fraser Nelson

Merkel tells Juncker: Britain needs plenty of time to invoke Article 50

Der Speigel has published a fascinating write-up giving last week’s extraordinary events from Angela Merkel’s perspective. Specifically, it seems, she’s had enough of Jean-Claude Juncker, the egregious president of the European Commission, and has told him to bow out from future negotiations with the UK. She’s fed up of him insisting that Britain rushes to invoke Article 50. Indeed, her “utmost concern,” says the magazine, is “giving Britain as much time as possible” for an orderly transition. Here’s an extract:- At 1 p.m. on the Friday after the Brexit referendum, Merkel makes a statement to Berlin journalists in which — in contrast to Schulz — she does not demand a rapid British withdrawal. One

It’s time for our warring politicians to wake up to what really matters

Well I might as well say publicly what I’ve been saying to everyone who will listen privately for the last week. It seems to me that our country will regret the distraction and levity we have shown this past week. For those who campaigned to leave the EU, June 24th was not an opportunity to take a break but the start of the real work. Of course it remains astonishing that having lost the vote the Prime Minister and Chancellor of the Exchequer chose to go into hiding and abandon the country they were in place to serve. But it is also unforgiveable that having won the campaign those who

James Forsyth

The Brexit test

Stephen Crabb made a passionate plea this morning for Tories to stop thinking in terms of Remain and Leave when it comes to picking a leader. He warned that if people carry on doing this, it will lead to the party splitting. But all things being equal, I do think it would be best for the next Prime Minister to be a Leaver. After all, David Cameron resigned because he had campaigned for Remain and the country had voted to leave and he thought that made it impossible for him to chart the country on the new course it must now follow. There are two main reasons for thinking a

Forget the fighting. We’re entering a period of unparalleled opportunity for the Tories

Auf wiedersehen, Boris. He’ll be back, like a blond, bloated Voldemort inhabiting another life form – Top Gear host? Archbishop of York? Or endless BBC camping tours of Britain on a bike, the Portillo of the Portacabin? As Boris’ agent collects the offers – and his publishers are still owed a Shakespeare biography by the end of this anniversary year – he leaves behind him a Conservative Party scarred but resilient. There’ll be recriminations this week. Yet there’ll also be enduring relief, as one of Britain’s oldest institutions finds itself finally free of wrangling Etonians, chaps whose Brobdingnagian entitlement so undermined the gospel of One Nation inclusivity that both presumed

Steerpike

Sarah Vine’s media warning fails to hold true

At times this week it has seemed as though Sarah Vine will soon be running the country — that is, if she isn’t secretly already. As well as informing readers, through her Daily Mail column, that she — along with her husband Michael Gove — has been ‘charged with implementing the instructions of 17 million people’ following the Leave vote, Vine is reported to have played a pivotal role in the Justice Secretary’s decision to turn his back on Boris Johnson and run for leader. In fact, the first sign that all was not well between the Johnson and Gove camps came when Vine seemingly accidentally sent an email on the topic

Letters | 30 June 2016

A rational vote Sir: There has been a lot of bile poured out about those who voted Leave by the Remainers. Their intelligence, their racial tolerance and their general moral standing has been called into question. I was a Remain voter, but live in an area that was 69 per cent Leave, and work with people who were strongly anti-remaining. To take one example, being anti-free migration is being referred to as racism. For many people migration is not anything to do with race or even nationality: 1,000 people from the next town would create the same degree of concern as 1,000 Poles. When jobs, houses, school places and so

Diary – 30 June 2016

Referendum day is as nondescript and wet as the day before, happily spent in Cambridge at my son’s Leo’s graduation. Even here the coming vote intrudes. Some students say that the master of Trinity College has come out for Brexit. Leo’s boyfriend Eddie, newly graduated in German studies and about to head to a job in Berlin, worries about job prospects. Our lunch table is shared with genial and smiling but very divided family. The polling station is equally lively, a place for chat with neighbours. The working day is uneventful. Dinner with friends in the evening, asleep before the first results. I wake in the middle of the night,

La bomba Britannica

In Italy, media coverage of the triumph of Brexit has been wall-to-wall as Italians worry about the collateral damage and wonder if they too dare… So far La bomba Britannica has hit the Milan stock market much harder than the London one. On Friday, Milan fell by 12 per cent against the FTSE-100’s 3.5 per cent. Italy’s banks — too numerous, too small, undercapitalised and saddled with alarming levels of toxic debt — took the biggest hit. New eurozone rules that ban government bailouts for big depositors have turned them into sitting ducks. Shares in Monte Paschi di Siena (bailed out once already in 2013 by Italy’s central bank) fell