Politics

The richest countries in the world have this week collectively advised Britain to reverse Brexit or risk destroying its economy. The Organisation for Economic Co-operation and Development (OECD), an intergovernmental economic organisation made up of 36 member countries, made the explosive suggestion of a further referendum to reverse Brexit after a report warned of severe consequences following the divorce. Its analysis suggests a “no-deal” Brexit would wipe up to a staggering £40 billion off UK economic growth by 2019, with...

Australian analysis of a post-Brexit trade deal with Britain paints a gloomy picture of life outside the European Union. With the UK starting the consultation process for the Australian trade agreement Steve Analyst posted a report that already details what a future deal might look like from an Australian perspective, and it doesn’t look good. Despite promises from Liam Fox to reinvigorate the Commonwealth partnership with a host of trade deals after Brexit a parliamentary enquiry on trade relationship with...

“I have no constituency vote clouding my view of Brexit. I have no ambition driving my support for it. I have no party whips demanding loyalty before conscience"

Conservative ministers have today revealed that the number of people affected by the infamous ESA blunder has more than doubled. Last year it emerged that some 70,000 people had been underpaid the Employment and Support Allowance (ESA) for up to 6 years. But now the Department of Work and Pensions says up to 180,000 claimants were victims of the mistake, leaving arrears of £970 million to be paid out by the government just a day after very costly plans to...

South Thanet MP Craig Mackinlay, 51, overspent on his 2015 General Election because of the “threat” posed by the former UKIP leader

MP Frank Field has warned that the government’s flagship welfare project is driving women into the sex trade as opposition to Universal Credit continues to mount.   In a nod to I, Daniel Blake he said women in his Birkenhead constituency are taking to the red light district for the first time in order to make ends meet. Speaking in the Commons, the independent MP invited work and pensions secretary Esther McVey to “come to Birkenhead and meet those women’s...

After giant AstraZeneca said it will keep its freeze on investments in Britain if Brexit fails to give enough clarity on future trading relations, the Government has been accused of  ‘ideology and incompetence’ putting the industry at risk. AstraZeneca Chairman Leif Johansson reportedly told France’s Le Monde newspaper the company would keep its freeze on manufacturing investments without clarity on future trading relations. GMB, the union for workers at AstraZeneca has warned the Government’s mishandling of Brexit talks is putting...

English and Welsh households are paying £53 each a year to service the debts of private water companies that were accumulated after they doled out ridiculously high dividends to shareholders, a London School of Economics report has revealed. Payments on £1.2 billion worth of debt have landed directly on the laps of households according to a study by Karol Yearwood of the LSE. The main beneficiaries of the borrowing policy were shareholders, which received payouts far in excess of any...

As David Davis urges ministers to rebel against the Government's Brexit deal in a defining week of the negotiations with the EU, IW Capital reveals investor sentiment towards the leaving process with less than six months to go until the UK leaves the European Union. Key stats include: Three in ten - 8.7 million - said that securing a good deal with the EU was crucial to them continuing to invest into UK SMEs. 12.6 million – 43% - feel that...