Why the UK economy could perform much better than it does at present

By John Mills, 

The table below summarises the balance of payments data published by the Office for National Statistics (ONS) on 29th March 2017.  Despite some improvement in the UK’s foreign payments outturn for 2017, no doubt largely due to sterling devaluation post the Brexit vote, the overall position remains very unbalanced.

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The Commonwealth

By John Mills

When at the start of 1973 we joined what was then the European Economic Community – otherwise known then as the Common Market – we severed a lot of links and trading preferences with the Commonwealth countries. Understandably, old friends such as Australia and New Zealand were upset both emotionally as well as economically as we raised tariff barriers against them and lowered them with our continental neighbours.  Now, with Brexit, the situation is beginning to reverse itself again. What is the future likely to hold?

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Where is Brexit heading?

By John Mills

Where is Brexit heading? How do current developments look to those of us who voted Leave in 2016 – and what do we think the Labour Party should now be doing?

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TRADE WITH EUROPE

By John Mills

How much difference will Brexit make to the UK’s trade with the EU27?  Most likely there will be some change but not nearly as much as some people fear.

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Trading with Europe

By John Mills, 

How much difference will Brexit make to the UK’s trade with the EU27?  Most likely there will be some change but not nearly as much as some people fear.

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John Mills, Chair of Labour Leave and Chair ofJML explaisn why manufacturing will increase after we leave the EU

When we joined the Common Market in 1973, about one third of our national income came from manufacturing. Now the ratio is less than 10%. Is there a connection here? There is, although it is not that straightforward and the links need a bit of untangling.

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Paul Embery, National Organiser for Trade Unions Against the EU calls on the TUC to listen to its grassroots

The TUC is in danger of rendering the trade union movement completely irrelevant to the lives of the very people it exists to represent. It has called Brexit wrong from the outset. So cynical was it about the ability of the working-class to defend itself against a Tory government outside the EU that it threw its lot in with the ranks of the Establishment – big business, the banking industry and all – in an attempt to keep us hitched to an explicitly anti-socialist and anti-democratic institution, and one which has at its core an agenda of austerity, privatisation and the rule of market forces.

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Why we should realise that sterling has been, and still is, much too strong

Below is a graph, based on data supplied by the International Monetary Fund (IMF), showing real relative exchange rate movements between sterling and the Chinese currency, the yuan or renminbi, over the past 40 years.

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Why are the Brexit negotiations looking so difficult?

By John Mills

Why are the Brexit negotiations looking so difficult? The fundamental answer is that the people who run the country – the political elite – have never fully accepted the result of the June 2016 EU referendum.

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Would a competitive exchange rate policy be effective? If it would be, is it possible?

By John Mills

Would it be effective?

The case for the UK moving to a much more competitive exchange rate - roughly parity between the pound sterling and the dollar - is as follows:

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KNOWN UNKNOWNS: WHY THE TREASURY’S CRYSTAL BALL NEEDS A POLISH

By David Price

Unlike so many Conservative MPs, former chancellor Kenneth Clarke’s pronouncements have a habit of cutting through. Thanks to his sardonic humour and slightly dishevelled look, the crumpled-suited Tory grandee somehow seems more authentic than many of his on-message colleagues who are always parroting the official party line.

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TRANSITION WILL ERADICATE BRITISH FISHING INDUSTRY

It is now clear that the “transition” would dig the UK into Brexit in name only. It is now unequivocal fact that the “Transition” means we will be trapped obeying all EU law including the disastrous Common Fisheries Policy (CFP) as some sort of vassal state.

The proposed “transition” is a grave constitutional concern and continuing locked into the CFP is existential threat to what is left of the British fishing industry and coastal communities.

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The Customs Union

By Brendan Chilton

Debate is taking place within the Labour and Trade Union movement on the question of the United Kingdom’s membership of the Customs Union. Some regard ongoing membership as a ‘soft’ Brexit that can be justified owing to the fact the Conservatives lost their majority in the 2017 general election.  

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Labour should Take Back Control

By Brendan Chilton

The slogan of the official ‘Vote Leave’ campaign was ‘take back control.’ It was one of the most effective and simple campaign messages of recent times. It was a phrase that resonated with people and one they could understand. It was also highly subjective and enabled individual voters to construe their own interpretation of the message and what it would mean for them, their family, community and country.  It was such an effective message that Labour should examine it closely and bring its meaning into campaign strategy and practice.

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The Lexit ‘mythbuster’ that never was

This paper performs a significant role in ensuring the everyday lives, hopes, and fears of the millions of Labour supporters who voted Leave, are at the heart of the Brexit debate on the centre-left. One important conclusion to draw from the paper is that, by shaking up the political kaleidoscope, Brexit gives fresh impetus to a radical reform agenda which seeks to improve working-class living standards.’ - Frank Field, MP


 

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The leaked Brexit report - highly dubious!

The leaked government Brexit report has been seized upon by Remainers as another weapon in their arsenal, but a closer look finds it conceals as much as it reveals.

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IMPRESSIONS FROM MEETING MICHEL BARNIER IN BRUSSELS

By John Mills, 

Michel Barnier is an impressive person, tough and charming, who is evidently well on top of his Brexit brief and thus a formidable person to have on the other side of the table as the Brexit negotiations take place. He wants to get a deal completed but not at any cost to the EU27.

 

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BLUE PASSPORTS: THE NEW FRONT IN BRITAIN’S CULTURE WAR

By David Price

Every Christmas, many British sun seekers leave their green and pleasant land (well, grey and dank) for a winter break in the warmer climes of southern Europe and north Africa. This year though, it seems the numbers may be dramatically down – because a Remain-supporting Twitter hate mob has declared that actually, Leave voters rarely travel beyond their hometowns. Indeed, most Brexiteers – if you believe these revelations – apparently live in Bognor Regis and have all the cosmopolitan credentials of Sid James and Bernard Bresslaw in Carry On Camping.

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It now seems that we may be heading for a Soft Brexit

By John Mills

It now seems that we may be heading for a Soft Brexit, with the UK being nominally outside the European Union, the Single Market and the Customs Union but continuing to comply with nearly all EU requirements. Those who voted Remain may be satisfied with this state of affairs. What about the 52% who voted Leave?

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Tony Blair confirms he is working to reverse Brexit

Tony Blair has confirmed that he is trying to reverse Brexit, arguing that voters deserve a second referendum because the “£350 per week for the NHS” promise has now been exposed as untrue.

In an interview with the BBC Radio 4’s The World This Weekend on Sunday, the former prime minister said that what was happening to the “crumbling” NHS was a “national tragedy” and that it was now “very clear” that the Vote Leave promise about Brexit leading to higher NHS spending would not be honoured.

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Labour Leave will campaign to achieve a fair deal from Brexit negotiations. We recognise the will of the UK public and will hold the government and the Labour Party to account.

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