We have all read how Foreign and EU companies have been buying up UK companies (See Selling off Britain is not a sign of strength.. and Independent Article). How much does this cost the UK?  What does it cost you and me? Foreign owned UK companies accounted for 50% of all UK business turnover in …

One of the most puzzling aspects of the EU Referendum campaign was the enormous support for the EU by the Scottish voters and the SNP. The main reason for the demand for Scotland to be independent is that money flows out of Scotland to the South East of England.  The …

There has been much talk over the past year or so of the public flagrantly ignoring the advice of the experts on public policy such as Brexit.  What is surprising is that those supporting the experts seem to have so little knowledge of how well experts perform on matters of …

Theresa May’s Mansion House Speech contained some promising items but also reflected the ideological roots of May and Hammond. Particularly promising was that she would re-negotiate the EU Commission’s first draft of the agreement reached in December (presumably with regard to NI) and  “We are close to agreement on the terms …

There have recently been many wild claims about the effect of Brexit on the Fishing Industry. The most important three facts about the UK fishing industry are that almost half of UK fish quotas are caught within the UK 200 mile limit, Foreign fishing companies operating in UK can easily …

The House of Lords has just published its inquiry into energy security after Brexit – see Brexit: Energy Security. This publication is fairly complete in its coverage of the changes that will be needed in the coming year.  The government will have had almost 3 years to plan for Brexit by …

“My father was a miner, I am working class and supported remaining in the EU”, so said a primary school headteacher not long after the Referendum.  Obviously the headteacher was not working class but it is amazing how many people who are middle class or even upper middle class identify …

The attack by Multi-National businesses on Brexit has now been fully organised.  It consisted in late 2016 of two main groups, “UK-EU Open Policy” which poses as an independent think tank but is dedicated to reversing the Referendum and “Common Ground” which pushes for continued membership of the Common Market …

Is the Treasury producing reports for political motives?  The Treasury report before the Referendum, called HM Treasury analysis: the immediate economic impact of leaving the EU was so extreme that everyone called it “Project Fear”.  The punch line of the report was “..a vote to leave would represent an immediate and profound …

The UK has a trade deficit with the Eurozone of about 90 billion euros per annum.  The Eurozone has a trade surplus with the world in general of about 200 billion euros pa so the UK supplies almost half of the Eurozone trade surplus. When pundits praise the Eurozone for its trade surplus …

Unlike the vast publicity given to the sharp, but relatively small, fall in the pound after the EU Referendum, the recent recovery of the pound has had little mention. The graph below charts this recovery: You can check this graph for yourself at XE.COM, a major commercial currency and foreign exchange …

Those who follow economics now know that the economic “experts” were wrong about their predictions for the period between the Referendum and today.  This has scarcely been covered by broadcasters and this lack of coverage has left many Remain voters believing that an economic disaster is imminent.  The absence of any coverage …

Many of those who voted Remain in the EU Referendum are campaigning to overturn Brexit.   Suppose the UK abandoned Brexit, what would happen then? Read on to discover how strong the UK would become within the EU and what would happen over the decade or two after abandoning Brexit. Click …

Remain economists predicted that a Leave vote in the referendum would produce an immediate meltdown of the UK economy.  The meltdown was the expected result of voting Leave and the “uncertainty” this might cause.  As George Osborne neatly summarized: The predictions were explicitly for the period from the Referendum to actual Brexit …

Broadcasters say the Russians bent Brexit but about 78% of the tweets came after the Brexit vote on 23 June 2016 There is no doubt that Eastern Europe and Russia offer cheap social media campaigns. My own experience suggests that the Remain campaign use Ukrainian social media trolls, amongst others, …

The UK economy has been losing productivity relative to historical trends since 2008: The fact that the fall in productivity after 2008 is exactly coincident with the banking crisis shows that it is related to the behaviour of banks.  Bank lending to business has been appalling in this period, the …

The amazing thing about the “Tory mutineers” is that they are being portrayed by the media as rebels.  Rebel is certainly the wrong word.  Lets look at three of them: Dominic Grieve  is one of the most forthright of the mutineers. Grieve is another victim of the suppression of news by …

Global Investment Banks have created a web of vehicles for dodging tax.  The Panama Papers, Luxembourg Leaks and the Paradise Papers show how these banks are syphoning billions away from the Tax Authorities globally. What is happening is that International Banks effectively own offshore tax havens. They supply most of …

The broadcast media has suppressed coverage of the actual trade figures during the UK-EU Brexit negotiations.  Here is the important data with links (in bold) that you can click to see the original sources to check for yourselves. How important is UK-EU Trade? The figures above are for both Goods …

International air transport is governed by the International Civil Aviation Authority (ICAO), not the EU.  Rights such as overflight, access to Air Traffic Control, access to ground services are governed internationally. The ICAO also governs market access and the EU and UK are committed to providing access to airlines from …