Shadow Minister Says Labour Government Will Re-Enter Single Market and Customs Union… as Exports to EU Hit Record High

Shadow justice minister Anna McMorrin has been caught by The Sun admitting a Labour government would try to undo Brexit, in order to rejoin the Single Market and Customs Union as a precursor to potentially rejoining entirely. Unfortunately for McMorrin, the leaked video came out the same day it emerged UK exports to the EU have hit their highest levels since records began…

McMorrin told a group of Labour activists last week:

“Customs union and single market at the very least, I think. In the future I hope we return to that… Certainly need to renegotiate the current deal, and I hope eventually that we will get back into the single market and customs union and then who knows?”

ONS figures released yesterday spell out in black and white that “EU exports have increased for the third consecutive month in April 2022 and are at the highest levels since records began.” Exports of goods to the EU, excluding precious metals, increased by £1.2 billion in April 2022, reaching £16.4 billion. Their highest level in current prices since the ONS began records in 1997. Good luck building a case to rejoin the customs union with these figures…

mdi-timer 15 June 2022 @ 08:47 15 Jun 2022 @ 08:47 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Labour Raised More Cash than Tories Last Quarter

This morning the Electoral Commission published its party donations and loans data for January to March 2022, and it’s good news for Sir Keir: Labour raised more cash last quarter than the Tories. Labour accepted a total of £5,229,989, while the Conservatives managed £4,608,213. In the last quarter of 2021, the Tories came out on top with £4,958,350, with Labour trailing at £3,837,167. A decent turnaround for a party that had to pass mass redundancies and offer real-terms pay cuts a few months ago. So much for Unite’s threats to bankrupt them…

Meanwhile the LibDems raised £1,368,419, the SNP raised £364,606, and the Greens took in £166,046. Laurence Fox’s Reclaim Party, which currently has no representation at any level of government, actually raised more cash than the Greens, with £300,000. Kerching.

mdi-timer 9 June 2022 @ 16:05 9 Jun 2022 @ 16:05 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
UK Unemployment Drops to Near 50-Year Low, Inflation Outpacing Wages

The latest figures from the Office for National Statistics (ONS) shows unemployment dropped to 3.7% in the first quarter of the year, the lowest figure since 1974, with the highest number of job vacancies on record at 1.3 million. For the first time ever, there are now more job vacancies than job seekers…

The figures still paint a mixed picture at best, though. The employment rate sits at 75.7%, 0.1% higher than last quarter, yet 0.9% lower than early 2020, just before the pandemic hit. Excluding bonuses, weekly total pay is also starting to seriously lag behind inflation, with a real terms fall of 1.2% this quarter. Don’t expect that figure to improve much next quarter either…

Half the dead tree press this morning splash with Bank of England Governor Andrew Bailey’s doom laden comments that he can’t control inflation, and the country will soon face “apocalyptic” food prices. Unemployment may be plummeting, yet there’s a recession looming around the corner…

mdi-timer 17 May 2022 @ 09:12 17 May 2022 @ 09:12 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Readers Divided on Starmer’s Best Course of Action

With Sir Keir expected to make a statement on Beergate at 4pm today, Guido asked co-conspirators how they’d advise Starmer if they were by his side in the LOTO office over the weekend. Resign right away? Wait for the police investigation? Tough it out…?

Thousands voted, and it turns out readers are divided. Half (49.6%) think Starmer should resign at the podium today – given he called for Boris’s resignation the moment the police launched their inquiry – 28.9% think he should resign only if fined, with a further 21.5% saying he should tough it out regardless of the police outcome. Guido’s own view is that the latter choice is politically impossible given his approach to Partygate. Demanding Boris and Rishi resign over a birthday cake set the bar incredibly high for his own behaviour – a bar he hasn’t met. If he’s not going to resign today, then his only real option is to promise he’ll go if Durham Police whack him with a fine…

mdi-timer 9 May 2022 @ 15:28 9 May 2022 @ 15:28 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Labour Gained Fewer English Council Seats Than LibDems, Greens, and Independents

Whilst it was obviously terrible for the Tories that they lost nearly 500 seats, now all the votes are in and the dust has settled, did Labour advance as the Tories retreated? They actually did relatively poorly.

Labour’s electoral performance outside their M25 enclave saw them gain just 22 councillors across England. That’s it. While the Tories’ results were obviously weak – although not at their worst expectations – any attempts to spin the numbers will have to contend with the fact that the LibDems, the Greens, and even independent candidates gained more net seats than Labour. Labour’s wins in London will be small beer when it comes to a general election.

  • Labour Councils: 65 (+3) Councillors: 2265 (+22)
  • Tories – Councils: 35 (-10) Councillors 1075 (-338)
  • LibDems – Councils: 16 (+3) Councillors: 712 (+192)
  • Independent – Councils 0 (N/C) Councillors: 145 (+27)
  • Greens – Councils 0 (N/C) Councillors 116 (+63)

Winning a net gain of just 22 councillors, and gaining control of the same number of councils as the LibDems, is not a strong showing. William Hague managed to do better in 2001, when the Tories won 120 seats and 5 councils – a consolation prize for getting pummelled in the general election the same day. 

Even within the capital, however, there are warning signs for Labour. While they pop champagne over wins in Westminster, Barnet, and Wandsworth, their losses in Croydon and Harrow to the Tories, and Tower Hamlets to Lutfur Rahman should raise a few eyebrows. Losing Tower Hamlets to a man who was temporarily banned from office over corruption isn’t exactly promising…

mdi-timer 9 May 2022 @ 12:00 9 May 2022 @ 12:00 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
UK Has Lower Covid Excess Death Rate than US, Spain and Germany

The World Health Organisation (WHO) has released grim new data on the overall Covid death toll, with an estimated 15 million people thought to have died from the disease since the start of the pandemic. Three times more than the last official count… 

The WHO also broke down the excess death rate – i.e. how many more people died beyond the pre-pandemic mortality rate – on a country-by-country basis. The UK is ranked 56th, with 109 excess deaths per 100,000 people. That’s below Spain, Italy, Germany, and the US… 

While Spain, Germany, and Italy all retained certain Covid restrictions for far longer than the UK, their excess death rates per 100,000 people sat higher at 111, 116, and 133 respectively. The global average is 96, although it’s worth bearing in mind the extreme – and deplorable – lockdown measures still used in countries like China to depress that figure. Sweden, which rejected most over-the-top legally-binding Covid measures throughout the pandemic, had an excess death rate of 56 – almost half the UK’s. Fancy that.

mdi-timer 5 May 2022 @ 16:39 5 May 2022 @ 16:39 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
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