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 …

Posted in News | Also tagged , , , , , , , , , , , , and | 2 Comments

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.

Posted in News | Also tagged , and | 1 Comment

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 …

Posted in Op-eds | Also tagged , , , and | 29 Comments

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 …

Posted in Op-eds | Also tagged and | 6 Comments

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

Posted in LibLink | Also tagged , and | 6 Comments
Advert



Recent Comments

  • User AvatarWilliam Fowler 16th Jun - 9:10am
    Surely Boris's ability to twist and turn, not really mean what he says, and use his charisma to get out of trouble is just what...
  • User AvatarThomas 16th Jun - 9:02am
    Peter Martin, Michael BG - how about? M-X = -3 and T-G = 1 then S-I = 2? Or: M-X =-2 and T-G =0 then...
  • User AvatarPeter Martin 16th Jun - 8:50am
    "I did not disagree with the need to reduce the public sector deficit and debt " That's 'cos of his neoliberal tendencies! If anyone wants...
  • User AvatarIan Sanderson (RM3) 16th Jun - 8:34am
    Recently, in our local area police have been trialling facial recognition and, in at least one case, getting high-handed with someone who shielded his face...
  • User AvatarDenis Loretto 16th Jun - 8:09am
    As has already been said in this thread there is no such thing as people moulded into separate distinct cadres suitable only for specific political...
  • User AvatarPeter Martin 16th Jun - 6:44am
    @ JoeB, "In an open economy, national saving is the sum of private savings, the public saving, and net capital inflows" Ok so what does...