Tag Archives: treasury

Government forced to publish data showing less than 3 in 10 UK exporters are prepared for ‘no deal’ Brexit

New data obtained by the Liberal Democrats from HM Treasury shows less than 3 in 10 exporters to the EU are ready for a ‘no deal’ Brexit. Figures suggest most will not be ready until the beginning of 2021.

In a no-deal Brexit, businesses that currently only trade with EU countries will need to apply for an Economic Operator Registration and Identification (EORI) number to trade goods into and out of the UK. HMRC uses this number to identify the business and collect duty on their goods.

Various business lobbying organisations have been warning for months of a serious lack of …

Posted in News | Also tagged and | 16 Comments

LibLink: Matthew Oakeshott – The Treasury needs a new team to stop this slide back into recession

In The Guardian Matthew Oakeshott writes:

Britain’s economy after this week’s grim GDP figures looks like an old steam train struggling up Shap Fell. George Osborne, the driver, is doing his best but there’s just not enough coal in the firebox, the train’s lost momentum, and it’s slipping back down the hill. We need two massive growth locomotives, called housing and banking, with a new team on the footplate to stop the slide.

That’s why I’ve been saying we need a bold plan A+, making banks lend, especially RBS,

Posted in LibLink | Also tagged and | 14 Comments
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