Tag Archives: public accounts committee

14 November 2018 – today’s press releases

It’s been a long day today, with the last press release issued after 10 p.m….

  • Tories “unacceptably risky” on impact of Brexit food shortages
  • Number Ten bows to pressure on FOBT stakes
  • Failures on women’s health becoming the norm
  • DUP “punishment beating” comments unacceptable and dangerous
  • ‘No Brexit’ still a very real possibility
  • Country still none the wiser on PM’s blindfold Brexit
  • Brexit will rob UK of crucial cross-border crime-fighting tools

Tories “unacceptably risky” on impact of Brexit food shortages

Liberal Democrat MP Layla Moran has warned the Tories are being “unacceptably risky” as a House of Commons committee finds that failures in preparing for Brexit mean food shortages …

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Layla Moran: Public Accounts Committee report shows Government in Brexit chaos

In a report published today, the influential Commons Public Accounts Committee slams the Department of Business, Energy and Industrial Strategy’s approach to Brexit. The Chair, Meg Hillier, had this to say.

The Department for Business, Energy & Industrial Strategy appears to be operating in a parallel universe where urgency is an abstract concept with no bearing on the Brexit process.

The Department is responsible for around a fifth of the work streams the Government must complete as the UK leaves the EU. It is an extremely important, challenging and time-sensitive workload.

Yet the Department told us it had not re-prioritised its overall programme of work, had not begun procurement for around a dozen essential digital systems and could not provide vital information about its workforce.

We have grave concerns about this apparent complacency, compounded by the lack of transparency on the Department’s progress with what in some cases will be critical projects.

Our Layla Moran is a member of the Committee, said that all that BEIS had done was add to the sense of chaos surrounding Brexit:

A functioning business and energy department is crucial to the future success of our economy, the fact that there is no confidence about its preparedness for Brexit is deeply concerning.

The Liberal Democrats have asked BEIS on several occasions how it will spend allocated funds on Brexit but so far we have not been given any substantive information.

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Opinion: Get real about corporate tax

Companies currently pay corporation tax in the country where they are incorporated. A campaign is under way, in the Guardian, and the Commons Public Accounts Committee, that companies should instead pay tax where they make their sales. The proposal has populist appeal, but is impracticable.

Many companies, including UK companies, make export sales without costly incorporation in each sales country. If a US coal producer sells 1m tonnes of coal to UK powerplants for £100m, and makes £5m profit, it submits accounts in the US for tax authority scrutiny, and pays US tax on the £5m. Should this profit be …

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Opinion: Should we be selling state assets to reduce debt and create jobs?

One of the unexpected by-products of the controversial privatisations of the 1980s was the discovery of shockingly poor real estate management by state bodies – a rare glimpse of a problem only brought to the surface when the need for proper balance sheets arose.

UK government departments and agencies have since been shown to exhibit appalling asset management, as any sweep through Public Accounts Committee (PAC) or National Audit Office (NAO) reports will demonstrate – stories of unused land & buildings, ‘forgotten’ landholdings, leases on punitive terms, opaque sale of land at below market prices. Government departments also own very large …

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LibLink… Paddy Ashdown: Defence cuts? Why, they’ve barely started

In today’s Times (£) Paddy Ashdown argues that the Ministry of Defence is “no longer fit for purpose.”

Ashdown says that the current government are not making enough progress with addressing the Ministry’s problems: the large annual deficit, bureaucratic blunders and project overruns and puts them down to a lack of political direction.

Here’s an excerpt:

The dust is now settling on the Strategic Defence and Security Review, published last October. And what it reveals is that the deeply painful cuts already announced are not going to be enough to balance the books. There will have to be more — there may

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Recent Comments

  • User AvatarRichard Underhill. 14th Oct - 7:38pm
    Peter Martin 14th Oct '19 - 11:59am The Independent had a cynical comic strip which is now in the Daily Telegraph. Do you agree that...
  • User AvatarRichard Underhill. 14th Oct - 7:25pm
    Senator Elizabeth Warren can win the US Presidency in 2020. Sunday Times 13/10/19, Main News section Page 25, columns 2-4. Niall Ferguson, Hoover Institution, Stanford....
  • User AvatarArnold Kiel 14th Oct - 6:29pm
    In my logic, any sovereign activity, i.e. any exercise of power over citizens should be publicly run: prisons, probation, social "services" awarding (e.g.means-testing), or decisions...
  • User AvatarPaul Barker 14th Oct - 6:01pm
    The really big argument against Labour is that they are pulling the usual Right-Wing Populist trick of saying two contradictory things at the same time...
  • User AvatarColin Paine 14th Oct - 5:10pm
    Good to see Chuka distancing us from Labour on this, let's hope we do the same as regards their policy on renationalisng the energy industry.
  • User AvatarChris Cory 14th Oct - 5:04pm
    Agree with David R. Being interested in economic/business policy I just looked on the Lib Dem Business and Entepreneurs website (as mentioned above). Full membership...