IMF U-Turn: Britain Will Be Fastest Growing Major Economy This Year


The IMF, which claimed before the referendum that a Leave vote would cause a recession, have revised their forecasts to now predict Britain will be the fastest growing economy in the G7 this year. Before the referendum Lagarde also warned share prices would crash. Today the FTSE 100 rose above its all-time closing high, at one point trading at 7,104.

This is how the Remain elements of the media are reporting the news:

Quite something.

Remain Oaf’s Pompous Brexit Whinge


On Sunday Theresa May warned that city law firms seeking to block Brexit through the courts are “not standing up for democracy, they’re trying to subvert it”. The original letter sent around Europhile lawyers was pompous enough. But check this out from Edwin Coe LLP, who are representing hairdresser Deir Santos in his sad attempt to JR Article 50:

“Mr Santos is asserting his constitutional right to challenge the authority of the Government to exercise a right to serve the Article 50 notice. To accuse him and others of being anti-democratic is both wrong and inflammatory. It will merely serve to increase the heat in this debate which turns on simple legal and constitutional principles. The Government should not criticise the challenge but welcome it because it will give certainty to the Article 50 process. This is about the rule of law.  That issue should stand above all others. It is a principle that the Government should uphold and not damn.” 

Santos calls himself “an ordinary guy”. Get over yourself.

Tory Chairman’s Drive-By on NiMo


The leader of the Europhile rebel alliance is, to the disappointment of her Remain colleagues, Nicky Morgan. Sacked NiMo is ridiculously claiming that a ‘hard Brexit’, which in reality means controlling borders and delivering the referendum result, will encourage “intolerance and bigotry”. She’s also been attacking selective education despite looking round private schools for her own son. Patrick McLoughlin uses the first interview by a Tory Cabinet minister with the Mirror in two decades to issue a public slap down:

“Nicky Morgan when she was Education Secretary very rightly allowed grammar schools to expand in the areas they have got them… So with the growing numbers you have got to allow this sort of opportunities to be there and that is what I would point out to Nicky Morgan, as I say she was Education Secretary that allowed grammar schools to expand.”

This should be seen as an indicator of the regard in which No. 10 now holds Morgan.

Worth remembering that this time last year Morgan nakedly declared her desire to lead the party. When Guido text one MP asking if she had a chance, they replied simply: “Haha”. Tory Leavers are privately referring to the Remain awkward squad of Morgan, Soubry, Herbert and Clarke* as the “New Bastards”NiMo kneecapped her chances with the party long ago…

*More affectionately known as “that ol’ bastard.”

No Colleagues Attend Remain MP’s Brexit Whinge

The Independent’s puff piece for Remain Tory MP Neil Carmichael and his Conservative Group for Europe event yesterday makes it sound as if someone cared. According to the Indy there were “loud cheers” at the “80-strong reception”, where “Pro-EU Tory rebels” “revealed” a “plan” to “fight a hard Brexit”. You have to wait for the final six words of the Indy news story for it to completely unravel: “no other current MPs were present”. What about those “Tory rebels?” It was one man’s lone whinge in a room with a bunch of kids and some health lobbyists. Makes NiMo look serious.

Germany Realises They’re Going to Be EU’s ATM


Liam Fox told the Spectator that Germany risks becoming the world’s biggest cash machine after Brexit because it may end up paying for a failing European Union that is in danger of imploding:

“If I were a German politician I would be worried that, without Britain, Germany has the potential to become the greatest ATM in global history.”

They’ve figured this out for themselves…

Of the 28 current members of the EU it may surprise co-conspirators to learn that only 12 countries were net contributors. Ireland has become the the thirteenth net contributor for the first time since it joined in 1973, hitherto it has been a net beneficiary to the order of €50 billion. Expect Irish attitudes to the EU to change as that equation changes.

Even after Margaret Thatcher’s rebate, Britain was the second biggest contributor to the EU’s budget. German Finance Minister Wolfgang Schäuble had his ministry’s experts calculate what Brexit would mean for Germany’s federal budget. As a result of the European Commission’s budget contribution equation, Germany’s share of the overall economic strength of the EU would rise from today’s 21% to 25%. Thus the German taxpayers’ share of the EU budget will rise by about €4.5 billion a year in 2019/20. How do you like them apfels?

Pro-EU Spin Shop Humiliated By Press Regulator


“InFacts”, the fanatical pro-EU website, has been repeatedly slapped down by the press regulator for making spurious complaints about factual newspaper headlines. Five complaints were made by InFacts over articles written by Eurosceptic papers during the referendum. The two claims against the Telegraph and three against the Express were all rejected by IPSO because their articles were accurate. Ironically InFacts, which was founded by FT journalist turned Remain campaign charlatan Hugo Dixon, has a code of ethics claiming their journalists “hold accuracy sacrosanct” and “check their facts systematically and thoroughly”. Something Guido always doubted given it is rumoured to have been funded by that maestro of spin, Roland Rudd. In any event after deliberation the press watchdog clearly doesn’t agree. Step away from the keyboard Hugo, you’re embarrassing yourself…

Chuka Attacked Vote Leave For Wanting to Quit Single Market


25 April: Chuka Umunna tweets the above image attacking the Leave campaign for wanting to quit the single market. He posed alongside the word “seriously“.

22 August: Chuka Umunna tells HuffPo we should be prepared to quit the single market in order to secure control of borders.

Two-faced Chuka finds a new, original way to divide the Labour Party…

H/T Steve Hawkes

House Prices Up 4%, Osborne Forecast 18% Drop


In the post-Brexit vote period house prices have risen 0.7% month-on-month in September (vs -1.2% in August) and were up 4.0% year-on-year (vs +4.1% in August), according to real-estate website Rightmove. This contrasts with the 18% drop predicted by the Treasury when George Osborne was Chancellor. That figure was clearly calculated in the same way he worked out the deficit would be cleared by 2015, HS2 will be economically viable and the Hinkley Power station is good value for money. They are all figures pulled out of his arse nowhere…


Incidentally, the big businesses funding George’s Nothern Powerhouse Partnership pressure group, do they by any chance have a “sod-the-taxpayers there’s gold in them there subsidies” stake in his plans? Of course they do…

Owen Smith: UK Could Join Euro and Schengen If I Become PM

Oily doubles down on lunacy…[…]


Owen Smith: I’d Ignore Referendum Result

One of several moments during last night’s Labour leadership Question Time that Owen Smith was booed by the audience:

Dimbleby: “Unless I misunderstood you, you said you would like to see Labour going into the next election saying: our party policy is to go back into the EU.”

Smith: “Yes.”

Dimbleby: “To ignore the Brexit vote?”

Smith: “Exactly.”

Dimbleby: “Exactly?”

Smith: “Exactly.”

It’s like he’s trying to prove he could destroy Labour faster than Corbyn…[…]


Not That Guy: Verhofstadt to Be Brexit Negotiator


In July Juncker appointed hardline Britain-basher Michel Barnier as his chief Brexit negotiator, today the Conference of Presidents has named Guy Verhofstadt as his counterpart. What can we expect from Farage’s old bête noire? The week after the referendum result, Verhofstadt mused: “The rats are fleeing the sinking ship”.[…]


Crowdfunded Juncker Legal Challenge


Jean-Claude Juncker is in hot water after issuing a potentially unlawful decree to EU commissioners ordering them not to negotiate with Britain. Juncker told them he was using a “Presidential order” to block talks, but embarrassingly the Commission was later forced to admit no such thing exists. […]


71% of Economists Will Be Proved Wrong About Brexit


The above survey by Bloomberg was published on June 29, 2016, just 6 days after Britain voted for Brexit. It is a survey of the City’s leading economists, some of the highest paid brains in Britain. 71% of them predicted Britain would go into recession in 2016. […]


Remainers Split Over Freedom of Movement


The remnants of the Remain campaign have descended into an almighty squabble over their future direction. Britain Stronger In Europe has rebranded as Open Britain, a new lobbying group which has ditched the commitment to freedom of movement, a pillar of Europhile principle. […]


MPs Demanding Brexit Vote Didn’t Turn Up for EU Debates


Labour MPs in denial about the referendum result have been demanding parliament gets a vote on triggering Article 50. Sore loser David Lammy cries: “We can stop this madness and bring this nightmare to an end through a vote in parliament.[…]


EU Leaders Discussing Brexit Without Britain, Again

merkel hollande

Leaders of every EU member state bar Britain will meet in Bratislava in mid-September to “continue a political reflection” post-Brexit. The event, which was scheduled after the last meeting in Brussels, is ostensibly for the leaders to debate “further reforms in line with our strategic agenda”.[…]


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Quote of the Day

Trump supporter Raheem Kassam responds to Suzanne Evans calling him “far right”:

“We’re going to rise above it. When she goes low, we go high, to quote Michelle Obama.”

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