Gilbert & George Come Out….
As Brexiteers

Who knew?

Siemens to Cut European jobs, Expand in UK

Siemens, the most blue-chip of German manufacturers, is cutting some 3,000 jobs in Germany, over 1,000 across Europe and nearly 2,000 in the US. At the same time, despite the company campaigning vociferously against Brexit and threatening to with withdraw future investment, it is now investing €39 million to expand its largest UK plant in Lincoln which employs 1,500 people… 

75% of European Medicines Agency Staff Want to Stay in London

Predictable howls from Remain ultras that the European Medicines Agency relocating back to the EU somehow proves Britain is a diminishing power. The EMA is a European Union agency. It helps authorise the sale of drugs across the EU’s single market. We are leaving the EU and the single market. Would be pretty odd for the EMA to still be based here…

What of the brain drain of top scientists that Remainers are promising? In the real world, a poll of the EMA’s 890 workers found that 75% of them want to stay in London. An obvious opportunity for the UK to poach the boffins who would rather live here than in Holland. Everyone needs to calm down.

Just 12% of MPs Vote to Stay In Customs Union

A mere 76 MPs – just 12% of the Commons – voted for Ian Murray’s amendment last night to keep open the option of staying in the customs union. 311 voted against. Corbyn whipped Labour MPs not to back the amendment. Staying in the customs union is not Brexit, it’s good to see an overwhelming Commons majority now agrees. Remainers are forever demanding parliament has its say – well parliament has spoken…

City Moved on Passporting Months Ago Despite Remain Press Hype

The Remain press is going mad about Michel Barnier saying that banks in the UK will lose their financial passports. See the Indy and the Evening Standard for the usual hyped coverage. The truth is this is no surprise. The City retreated from its previous demand for an EU passport ages ago, with TheCityUK dropping passporting from its list of priorities as far back as January. The same month the International Regulatory Strategy Group, which is co-sponsored by TheCityUK and The City of London Corporation, published a report on “Alternatives to Passporting” and concluded “the focus of the Brexit negotiations should be on designing and delivering a bespoke UK-EU deal rather than reforming or adapting existing frameworks“. The City has long moved on from passporting, though still the Remain media is disingenuously throwing its toys out of the pram.

What do they think financial institutions have been doing for the past year and a half? It was obvious passporting would go, and its importance is often overstated anyway. As a spokesman for TheCityUK explains:
“For our industry, it isn’t the mechanism of the passport itself which is critical, it is the market access rights which passporting enables. That’s why we are seeking a bespoke deal which delivers the widest possible range of market access, similar or comparable to those we currently have. The best outcome will be a comprehensive and ambitious deal based on mutual regulatory recognition and cooperation. Achieving this would set a new gold standard for trade and investment agreements into the future and acknowledges the importance of services to both the UK and EU economies. Such a deal will enable the barrier-free market access that businesses and their customers and clients expect and require, keeping down costs and maximising efficiency.”

The big shift in recent months is that large banks are revising their estimated job moves downwards as they figure out ways to minimise disruption. Indeed, the Europeans are furious that banks are realising they don’t have to shift thousands, more like hundreds. Not that you’ll read that in the Indy or the Standard…

Unilever’s Remain Ultra CEO Threatens to Drop London Listing

Pro-Remain papers and Vince Cable are jumping on reports yesterday that Unilever is considering dropping its London listing and reporting only to the Amsterdam stock exchange (it is currently listed with both). It’s the latest move from Unilever’s Remain ultra CEO Paul Polman, whose previous efforts to fight Brexit include ordering his staff to vote Remain, accusing the Leave campaign of lying, demanding Theresa May seeks an even longer transition, claiming Brexit would cause job losses and even threatening 50% tariffs on ice cream. Remember, for all Unilever’s Europhilia and pro-Remain campaigning, that does not extend to their profits remaining in high-tax EU states. They book their profits in Switzerland

City figures say this is part of a wider campaign by Polman. One says:

“It looks like there’s a nasty campaign by Remainer-in-Chief and Unilever CEO Paul Polman to switch the company to exclusive Dutch listing. He is putting his politics before rational economics. This won’t go down well with shareholders, even after Unilever stitched up a cosy tax arrangement in the most recent Dutch coalition deal.”

Worth noting that none of Unilever’s 7,500 UK jobs would be affected if they drop their London listing. Still, gets a good anti-Brexit headline…

Gisela v Bad Al

Polite machine-gunning of Alastair Campbell by the ace Gisela Stuart. Killer line: “You want a bad deal to prove you’re right…”

Grieve: Brexiteer Tory MPs “Unhinged”

Dominic Grieve spent five minutes on Pienaar decrying certain Leave-supporting newspapers for their OTT language, then labelled his Brexiteer Tory colleagues “unhinged“. Well done.

‘Brexodus’ Was Bogus

All that talk of a ‘Brexodus’ of EU citizens following the Leave vote was bogus admits The Times, which informs us on its front page today:

“The number of EU citizens working in Britain rose to a record high in the year after the Brexit referendum, official figures revealed yesterday. Despite fears of a so-called Brexodus, 2.37 million migrants from EU states were employed between July and September, an increase of 112,000 on the same period last year.”

The Times of course say this is “despite Brexit”…

Not only that, but the number of EU citizens employed in the UK has risen every quarter this year. The Remain press’ shameless fear-mongering will have made EU citizens living in Britain uncomfortable. The good news is they didn’t buy into the Remainers’ view that they aren’t welcome in Brexit Britain.

Meanwhile, in other Despite Brexit-ry, billionaire businessman and former New York City mayor Michael Bloomberg gave a resounding vote of confidence in London, saying the city is set to continue as the financial heart of Europe:

“[London will] be the financial centre of Europe for the foreseeable future. It has the things the finance industry needs: it is English speaking, it is family-friendly, it has a lot of cultures so you can attract those people here. It is a city with the best transportation and communication and scale and it is already here, so it’s hard to see that going away.”

Naturally, this was written up by the Independent: “Michael Bloomberg says London will remain Europe’s financial capital despite Brexit.” Some classics of the genre this week…

Brexiters Livid With Bonkers Telegraph Front Page

It is hard to exaggerate how annoyed senior Brexiters are by today’s Telegraph front page, which splashes on the faces of 15 Tory MPs and dubs them “the Brexit mutineers”. Prominent Leavers are tearing their hair out at how politically stupid this is and are at pains to make clear it doesn’t represent their views. It’s one thing taking apart Dominic Grieve’s arguments, but monstering 15 Remainers like this very obviously risks hardening their stance. Indeed the likes of Anna Soubry are already using it to rile up other Remain MPs. Brexit minister Steve Baker has tried to calm things by distancing Leavers from the Telegraph splash:

Brexiter Dominic Raab, who spoke for the government during last night’s debate, has also slapped down the front page:

Given the lack of political direction at the Telegraph it is likely they just have no idea what they are doing. Slightly maddening for this supposedly Brexit-backing paper to be helping Remain ultras like this…

Frank Field On Hilary Benn’s Houses

Labour’s Brexit wars spill out into the open as tonight’s EU Withdrawal Bill debate kicks-off…

“We Know What You Are Doing…”

At first Guido thought Theresa May’s words in the City last night were a a warning to the ultra-Remainers trying to sabotage the democratic will of the people for Brexit. Turns out she was warning that other enemy of free democracy – Putin.

BBC Reports Positive Unqualified Economic News

Shocking scenes in the BBC Newsroom as a positive story about the UK economy is reported without the “despite Brexit” suffix qualifying the headline. Do you think the continuous mocking from Brexiteers – not least Jacob Rees-Mogg on Question Time – has resulted in a change of policy? If a memo has gone out, it is a victory for our campaign against this Remainstream media meme…

Brexit Day: 11pm 29 March 2019

The government has tabled a cross-party backed amendment to the EU Withdrawal Bill revealing the precise moment Britain will finally break free from the shackles of the European Union. Brexit is set for 11PM GMT on Friday 29th of March 2019. Extension to last orders required…

Theresa May makes the announcement today, writing:

“It will be there in black and white on the front page of this historic piece of legislation: the United Kingdom will be leaving the EU on March 29, 2019 at 11pm GMT.”

The PM took the opportunity to slap down any Brexit-wreckers in the Commons, including on her own backbenches, warning:

“But I am just as clear of this: we will not tolerate attempts from any quarter to use the process of amendments to this Bill as a mechanism to try to block the democratic wishes of the British people by attempting to slow down or stop our departure from the European Union. The British people have been clear. Parliament itself voted for Article 50 – and for this Bill at its Second Reading. We are leaving the European Union on March 29, 2019.”

Confirmed…

IMF Says UK GDP Growth Mid-Table for G7

Anyone following the arguments will have heard the Remainers’ refrain that the UK has gone from having the fastest GDP growth in the G7 to the slowest GDP growth in the G7. That has never rung true to Guido. The latest IMF forecast – which should still be treated with scepticism – puts UK GDP smack bang in the middle of the G7 growth table. Behind Canada, the US and Germany, ahead of France, Italy and Japan for 2017. Treat this with scepticism because the IMF predicted the UK would be in the depths of a recession by now…

Other forecasts are even better; the German Council of Economic Experts predicts German GDP growth will be 2% in 2017 and Britain’s equivalent the OBR predicts UK GDP growth will also be 2%. Hardly the hit you read about in the FT…

GDP forecasts are unreliable approximations, it is fair to say the UK economy is not racing away, it is nevertheless growing and the interest rate rise from the Bank of England is a sign that the MPC think growth is far from weak. Phil Hammond’s budget needs to drive home good economic news to boost confidence…

Simon Stevens Embraces £350 Million For NHS

NHS England chief executive Simon Stevens used to hype up the risks to the NHS of leaving the EU. He even went on Marr during the referendum to personally condemn Vote Leave’s £350 million a week figure. So Guido welcomes Steven’s conversion to the cause at today’s NHS conference in Birmingham, where he has called on the government to spend the Brexit dividend on the NHS: “Vote Leave for a better funded health service – £350 million a week”. Having his cake and eating it? Or is Stevens finally embracing the benefits of Brexit…

Britain Happier Despite Brexit

Despite all the doom and gloom from the BBC, Faisal Islam, The Times, FT and Guardian, Brexiting Britain is actually happier:

Taking back control feels good, the statisticians cite ‘statistically significant improvements in average ratings of life satisfaction, feeling the things we do in life are worthwhile and happiness for the UK overall’. These are actual ONS figures, not a forecast…

Could this be because all the depressing forecasts of doom and gloom from the government and the media have turned out to be BS? Remember HM Treasury’s official guidance to voters, in a letter sent to each and every household, was that on a Leave vote Britain faced:

  • a year-long recession
  • loss of 500,000 jobs
  • GDP around 3.6% lower

GDP has grown in every quarter by an average of 0.4% since the referendum. Weak growth is not a recession.

GDP is 6.1% higher than the Treasury forecast it would be, according to BrexitCentral.com that is equivalent to £135 billion of extra annual production over their estimate, or just over £2,000 for every man, woman and child.

317,000 new jobs have been created since the referendum, that is 817,000 higher than the Treasury forecast.

The Remainstream media reporting of those Treasury forecasts implied that those of us who wanted to Leave were, in the words of the then Chancellor George Osborne, “economically illiterate”. Leaving aside whether he should have accused us of being “economically innumerate”, it turned out it was in fact him who was totally wrong. 

Is Britain happier because the forecast doom and gloom has not materialised? There will be another happiness dividend when the new Project Fear claims of airplanes not flying, cancer patients going untreated and exports rotting in ports turns out to be untrue…

Pesto’s Brexit Conversion

Self-confessed metropolitan elitist Robert Peston says he has become sympathetic to the will of the British people and the cause of Brexit. Peston’s new book WTF is not exactly an ode to the cause of Leavers, but the ITV pol ed does admit:

“Please don’t throw me out of the family, I now fear that those that did were on the right side of an important argument and the right side of history.”

In an interview with Iain Dale Peston said:

“When I discovered it wasn’t just me but my entire circle were out of touch with millions of people I genuinely felt ashamed… this was the only opportunity millions of people were ever going to have to say to the people who run this place ‘you’re not listening to us’, it was a massive wake up call to everybody… I take my hat off to them, they have thrown all the cards up in the air… it was the right thing to do.”

Everyone comes round in the end…

BBC: Home of Despite Brexit

Last week David Dimbleby unwisely challenged Brexit champion Jacob Rees-Mogg when he pointed out the BBC had regularly pushed the “despite brexit” agenda. A clearly riled Dimbleby tore into Rees-Mogg on Question Time:

“Can you actually specify an occasion when you’ve heard that… have you got a quotation?… Are you sure, are you sure?”

Well… how about these, all from the BBC News website…

We’re sure, Mr Dimbleby…

Open Britain Taking a Beating

Here was Open Britain’s chief continuity Remainer James McGrory earlier on the 0.25% interest rate rise:

Meanwhile in the real world, interest rates have risen to, er, where there were before the referendum for the previous eight years:

More sensible Remainers are ignoring Open Britain’s hype:

[…] Read the rest

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Quote of the Day

Former public schoolboy Chuka Umunna told the  ‘Exit From Brexit Dinner’…

“Remainians, Remoaners, I don’t care what the label is, I’m proud. It’s fashionable to label everyone in this room as the liberal metropolitan elite . . . This caricature is promoted by a bunch of former public schoolboys!” 

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