Chancellor

UK Economy to be hit – leaked document reveals

Labour Party

Every sector of the UK economy will be hit following Brexit a leaked Government document has warned. The paper, drawn up by the Department for Exiting
the EU, revealed that growth in the UK could be up to 8% lower than if it
stayed in the EU.

In many ways it shouldn’t come as a huge surprise, only last week
Chancellor Philip Hammond painted his own bleak picture when he said that
UK economies could move “only modestly” after Brexit.

And the very best the International Trade Secretary could offer was to
tell people to effectively put up or shut up in relation to the economic
forecasts. He told the Sun Newspaper: “I know there are always
disappointed individuals but they’re going to have to live with
disappointment.”

The leaked paper, entitled EU Exit Analysis – Cross Whitehall Briefing,
explains that “growth would be 5% lower if Britain negotiated a free trade
deal and 2% lower even if the UK were to continue to adhere to the rules
of the single market.”

And yet critics of the leaked document say it doesn’t stipulate the
scenario if the UK Government manages to negotiate a special partnership.
They also argue that economic modelling is highly speculative, if that’s
the case then he same must be true in reverse.

With the negotiations in utter chaos, as evidenced by the Brexit Secretary
who gave woeful evidence last week before the Brexit Committee, a special
relationship is a long way off if at all achievable.

Over the next two days the House of Lords will debate the EU Withdrawal
Bill – some 200 peers are hoping to speak, it has been reported. It will
rightly face tough and rigorous scrutiny and its passage through the
chamber will not be an easy ride.

Honeyball’s Weekly Round-Up

Labour Party

After a week off, Lord Leveson will resume his inquiry into press standards today. Today it is the turn of Chancellor George Osborne. Yesterday’s Observer revealed his meetings with Murdoch will be under scrutiny and we will learn how the Tories relationships developed with News Corp executives following private social gatherings and Swiss chalet parties attended by News Corp executives.

Over the weekend Toby Helm’s piece said that ‘Sources close to the chancellor insisted last night that it was complete rubbish “to suggest that any deal to secure Tory support for the bid had been done struck in the chalet as Osborne had not learnt that the bid was happening until well after the election.’

The Labour Party has suggested that it will call for a new system of independent regulation of the press.

What exactly will emerge as a result of the  inquiry remains to be seen, but any new system of regulation will have to be robust and have power’s to impose sanctions on anyone falling foul of the rules.

That said, a free and independent press is something Britain rightly prides itself on and that must remain the case, but with a proper system of independent regulation. You can read Toby Helm’s piece here.

Meanwhile with the Olympics just 46 days away, Brooke Magnanti- better known by her alias ‘Belle de Jour’, is supporting a campaign which has written to the Mayor of London addressing fears that police tactics are compromising the safety of sex workers. The letter believes the raids are part of a clean-up operation which target sex workers working in establishments across London in the run up to the Olympics.

Police tactics must be proportionate and this is a sensitive area of policing.  Vulnerable women must not be deterred from reporting crimes or from coming forward to seek help and support.

Support must always be the ultimate goal and outreach work must never be compromised. You can read the article in full here.

Honeyball’s weekly round-up

Labour Party

Business Secretary, Vince Cable used the T word again today he was referring to a tax on bankers bonuses today when he was interviewed on Andrew Marr. The Coalition Government had promised it would be tough on banker’s bonuses, yet it looks as though this year we are going to see another round of very very hefty bonuses awarded to bankers. No doubt an icy chill will have fallen across the city, after the Business Secretary called for bankers to cool down the bonuses or else.

Or else what exactly? The Chancellor, George Osborne, doesn’t appear to have been anywhere near as vociferous in the banker’s bonus debate. If they don’t calm down they will be taxed, we’d rather they accepted that they must calm down their bonuses. The responsibility, he says, lies with the bosses of the banks, the coalition were clear that it would keep its eye on bank bonuses and they must not let this slip. You can watch his interview with Andrew Marr this morning here (approx 38:29 minutes into the programme.)

Cable will be appearing in an altogether scene than today’s when we see him appearing on the Christmas Special of Strictly Come Dancing, an accomplished ballroom dancer, this twinkle toes will undoubtedly impress us, but perhaps in a different way to Ms Widdecombe.

Vince Cable on Christmas Special of Strictly Come Dancing

What do Chairman Mao and David Cameron have in common? Rather a lot according to Andrew Rawnsley in today’s Observer. He says that one minister claims he will ‘unveil a cultural revolution in the public services.’ Rawnsley claims ‘I have actually heard more than one member of the cabinet explicitly refer to the government as ‘Maoist’. Needless to say Rawnsley’s conclusion is that we are governed by Maoists and his argument is set out here.

Women are to blam for the gender pay gap, says today’s Telegraph. A report ot be published by a leading accademic says it’s down to women’s life style choices. Oh and for good measure, and to stick the boot in,  Dr Hakim claims in a 12,000 word report described government policies to promote equality as ‘pointless’ and based on ‘feminist myths’. Dr Hakim the article said was the same person who claimed in a study called Erotic Capital earlier this year that the most successful people in modern society are those who are the most attractive in appearance and manner. It is incredibly disappointing, and that’s putting it mildly, that people still feel this way and that there is an attitude that ‘women want it all but must make sacrifices somewhere.’ 

Earlier in the year Equalities Minister, Lynne Featherstone, said she would tackle the view that women should appear a certain way, that image is everything and will get you on in life. Women have enough things to contend with – why do we also have to be worried about being the most attractive in appearance and manner? It’s absurd.