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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  • User AvatarNonconformistradical 26th Aug - 6:43am
    @Jayne Mansfield "If I have been able to take any lesson from what I know of the current Labour Party, it is that a divided...
  • User Avatarpmknowles 26th Aug - 6:00am
    One of the reasons that HS2 is needed (but north of Birmingham) is the capacity issue. I often stand on the station at Manchester Oxford...
  • User AvatarAntony Watts 25th Aug - 11:42pm
    Continental High Speed lines are a glue that holds the social cohesion of the Eu together. The issue is that the isolated UK does not...
  • User Avatarsiv white 25th Aug - 10:45pm
    THEAKES, You are overestimating how much people think or know about politics. It is quite simple, people either think Brexit is stupid or wonderful and...
  • User Avatarfrankie 25th Aug - 10:19pm
    There is a desire to get things finished with, let us return to nice times they squeal and many will sign up to that. A...
  • User AvatarKatharine Pindar 25th Aug - 10:12pm
    David Warren and Michael BG. I agree that the outcome of this working group has been rather disappointing, and it is strange in my opinion...