Remainer MPs can stamp their feet as much as they like, no deal is still the legal default and there’s nothing they can unilaterally do to prevent it…
The latest OECD figures show that the UK has held on to its top spot in Europe for Foreign Direct Investment yet again – only the US and China surpass the UK globally. The UK’s inward investment stock totalled $1.89 trillion by the end of 2018. More than double Germany’s $920 billion – in fact it’s more than Germany, Spain and Poland combined…
Liam Fox blasts “those who would talk down Britain’s economic performance” saying that they’ve been “proven wrong once again”. It comes on top of EY revealing earlier this month that the UK has now also become the world’s most attractive destination for M&A activity, overtaking the US for the first time. So much for George Osborne’s warnings about foreign investment collapsing after a vote to Leave…
This morning Graham Brady distributed a letter from Liam Fox to the Parliamentary Conservative Party explaining the clear disadvantages of signing up to the Customs Union. Perhaps Labour MPs ought to read it too…
Fox explains that by signing up to a customs union, that the UK would be stuck in the worst of both worlds, both unable to set its own international trade policy and subject without representation to the EU’s whim. “The UK would have a new role in the global trading system – we ourselves would be traded.”
There would also be no point in a Secretary of State for International Trade and President of the Board of Trade if the UK can’t negotiate trade deals…
Fox has a point, the direction in opinion polls is not encouraging for Brexiteers…
#Marr: Will the government be breaking a promise if #Brexit is delayed?
International Trade Secretary Liam Fox: “I hope we can avoid that” https://t.co/kakizrGsLS pic.twitter.com/IqHUMptX1U
— BBC Politics (@BBCPolitics) March 3, 2019
A far cry from the unequivocal promises the Government has repeatedly given over the past two years…
Liam Fox says that MPs who don't "honour the result of the referendum" deserve to be punished at the ballot box #Ridge
Catch up on today's political stories here: https://t.co/IRSvzsA9u5 pic.twitter.com/QNrmWnsSen
— Sophy Ridge on Sunday (@RidgeOnSunday) February 3, 2019
“Those who get elected on that promise and then don’t follow it through… will have a difficult time with voters the next time. And if that happens then they deserve it…”
