Keir Starmer Announces Resignation

[Navy_Pete]

I will challenge that, London's finical hub was full of dirty Russian money while they were part of the EU, it's my understanding that much of that money fled back to the EU when the UK left.

Aside from London, BVI, Cayman Islands and Bermuda are huge tax havens, as well as the Isles of Jersey, Mann and Guernsey.

A huge amount of the laundering was also via real estate, so dumping it at a high point if you expect it to lose value isn't a surprise.

 

[Fishbone Jones]

the UK conservatives. They were in power 14 of the last 16 years.

Sorry? I thought we slid sideways into our own country's problems in comparison. When you brought up CUSMA, we switched to the west Atlantic landmass.

 

[Fishbone Jones]

What are you on about now? The US doesn't want us to be in an economic union, they want to raid our natural resource cupboard for themselves, while giving us nothing.

EU countries are still sovereign entities and equal parties, the US wants us to be their gimp. The UK also had an outsized influence on the EU as well, until they blew their softpower by letting the loudmouth idiots run things. Which is an obvious parallel.

I'll agree, to an extent. Yeah, he's a loud mouth, yes he threats, demeans, is controlling and merciless. But I don’t see much difference between him and Carney. Both are liars, both are hooked in to international finance and personal wealth growth. Both are extremely well known to each other to the point they would be freinds depending on the soiree they attended. Both have dealt with each other before. Carney's Brookfield owns the largest pipeline in the US.

So yeah, not at all as one sided as the Canadian government would like you to believe. A lot of the stall in trade agreements is Carney refusing to seriously come to the table, while flying around the world trying to find the deal he wants. He wants options. . Nobody is listening. He needs to keep the population fearing trump, making him the bad guy. He thinks he can fool Canadians again. I think not, but he seems incapable of taking advice or changing Meanwhile, the US is getting fed up with the waffling.

 

[Altair]

Sorry? I thought we slid sideways into our own country's problems in comparison. When you brought up CUSMA, we switched to the west Atlantic landmass.

Yeah, I figured. I withheld my snark. I'll specify next time.

That said, the UK Tories were definitely not woke by any measure, were hokdijg back spending on illegals and trying to get them deported to Africa, but still ended up with a lot of the same issues.

Not everything is transferable naturally , i dont think canada would have suffered from the small boat crisis, but I do think its interesting that left, right, in EU, out of EU, nobody can get a handle on that problem.

And neither party can get a leader who lasts a full term.

 

[Brad Sallows]

Another humorous day. On the one hand, models. On the other, accumulated data.

At NRO, an excerpt from an article at The Telegraph (paywalled). The bit excerpted at NRO makes the amusing point:

"Data from the OECD show that accumulated growth over 2016-25 was: UK (13.2pc), France (11.9pc), Italy (9.2pc), and Germany (8.0pc). An economic historian looking back half a century hence would struggle to detect any Brexit effect in the GDP figures.

The picture is less flattering in per capita terms, but the hard data does not validate claims that the UK economy has seen a cliff-edge fall since leaving the EU, which is a surprise to me given the adjustment shock. The proper question to ask is why the Eurozone keeps failing.

So how does one reach a conclusion that the UK economy is 6-8pc smaller than it would have been without Brexit? With difficulty, heroic cherry-picking, and a model so opaque that almost none of those who quote the findings as an article of faith have any idea how it was constructed."

"But the UK might have done better!". Maybe. But it sure isn't failing.

 

[daftandbarmy]

Another humorous day. On the one hand, models. On the other, accumulated data.

At NRO, an excerpt from an article at The Telegraph (paywalled). The bit excerpted at NRO makes the amusing point:

"Data from the OECD show that accumulated growth over 2016-25 was: UK (13.2pc), France (11.9pc), Italy (9.2pc), and Germany (8.0pc). An economic historian looking back half a century hence would struggle to detect any Brexit effect in the GDP figures.

The picture is less flattering in per capita terms, but the hard data does not validate claims that the UK economy has seen a cliff-edge fall since leaving the EU, which is a surprise to me given the adjustment shock. The proper question to ask is why the Eurozone keeps failing.

So how does one reach a conclusion that the UK economy is 6-8pc smaller than it would have been without Brexit? With difficulty, heroic cherry-picking, and a model so opaque that almost none of those who quote the findings as an article of faith have any idea how it was constructed."

"But the UK might have done better!". Maybe. But it sure isn't failing.

'It's complicated' seems to fit ...

Ten years on, Brexit's economic impact is becoming clearer​

"Among economists there is not much debate, but there still is among policy folks. The experts were right. It was, if anything, worse than we thought, but it's taken longer to get there," says Nick Bloom, a British Stanford University professor and author of one of the most prominent recent major studies using Bank of England data.

Put bluntly, the status quo will not hold. Ten years on, Brexit, and its impacts on the economy, remain very much with us, and the policy debates may be about to return.

Ten years on, Brexit's economic impact is becoming clearer

A decade ago, many economists argued the UK would sustain longer-term economic damage by leaving the EU. So what did happen?

www.bbc.com

 

[Halifax Tar]

Interesting move...

https://twitter.com/x/status/2074507312396403161

 

[Blackadder1916]

Interesting move...

https://twitter.com/x/status/2074507312396403161

Some background.

Why Farage is quitting as an MP amid scrutiny over gifts – but will stand again

Reform UK leader is to force a byelection in his Clacton seat as he reveals he faces a second parliamentary inquiry

www.theguardian.com

Nigel Farage has said he will resign as the MP for Clacton, and fight the resulting byelection, as scrutiny over his finances continues.

The Reform UK leader revealed that he was under a second investigation by the parliamentary standards watchdog over undeclared gifts.

Why is Farage standing down?​

Farage has been the subject of a standards inquiry after he did not make public a £5m gift from the crypto billionaire Christopher Harborne before the last election, as revealed by the Guardian in April.

He said on Tuesday there was now another inquiry over allegations that he was financially supported by the crypto gambler and convicted fraudster George Cottrell, who is a close friend.

In May the parliamentary standards watchdog opened a formal investigation over the £5m gift.

If the investigation were to find Farage had committed a particularly serious breach of parliamentary declaration rules, he could have faced suspension from the Commons. A suspension of 10 days or more could have triggered a recall petition, potentially forcing him to fight for his Clacton seat at a time of someone else’s choosing.

In his statement, Farage said he had taken the decision to force a byelection to let “the people of Clacton … be the judges of my actions”.

https://twitter.com/x/status/2074499712376303784

How much Farage’s Clacton by-election could cost the taxpayer as Reform leader quits

The Reform leader resigned amid two ongoing investigations over undeclared donations but claimed he would stand again in Clacton in a ‘people versus the establishment’ by-election

www.independent.co.uk

The high-stakes political stunt could cost the taxpayer £275,046 in election costs to be funded by the central government. The figure is based on the cost of the 2014 Clacton by-election, which totalled £193,463 after taking into account 12 years of inflation.

Taking to X after his speech was aired, the Reform UK said that his party has offered to cover the cost of the by-election, something that is not permitted under election laws.

And response from the other parties.

Nigel Farage resigns as MP for Clacton, triggering by-election which he says he will stand in

The Reform UK leader's statement follows reports he failed to declare financial support from an ally. He has also faced questions over an unregistered £5m gift from a donor.

www.bbc.com

Recap: Labour, Conservatives, Lib Dems and Restore Britain say they will not stand​

Since Nigel Farage announced this afternoon that he will trigger a by-election and stand again in his Clacton seat, a number of parties have come out and said they will not stand a candidate in such circumstances.
Here's what we've heard:

• A Labour spokesperson says the party will not stand a candidate, calling the by-election a "circus"
• Conservative leader Kemi Badenoch says the Conservatives will not stand a candidate in Farage's "fake by-election"
• Lib Dem leader Ed Davey has called for all parties to "stand aside and refuse to give oxygen to Farage's vanity project"
• Restore Britain's Rupert Lowe says his party will not participate in "a Reform-sponsored media circus"
• The Green Party has not yet confirmed whether it will put forward a candidate. A spokesman says it was a decision for local members in Clacton but adds: "We are a political party - we contest elections"

Reform UK's Robert Jenrick tells the BBC that if other parties are "too chicken to stand, that says more about them than us".

Our chief political correspondent Henry Zeffman writes that there is a precedent for an MP prompting a by-election in their seat which they then contest but others boycott - the 2008 Haltemprice and Howden by-election which Conservative David Davis forced in order to spark a debate about civil liberties went ignored by Labour and the Liberal Democrats.

 

[Kirkhill]

'It's complicated' seems to fit ...

Ten years on, Brexit's economic impact is becoming clearer​

"Among economists there is not much debate, but there still is among policy folks. The experts were right. It was, if anything, worse than we thought, but it's taken longer to get there," says Nick Bloom, a British Stanford University professor and author of one of the most prominent recent major studies using Bank of England data.

Put bluntly, the status quo will not hold. Ten years on, Brexit, and its impacts on the economy, remain very much with us, and the policy debates may be about to return.

Ten years on, Brexit's economic impact is becoming clearer

A decade ago, many economists argued the UK would sustain longer-term economic damage by leaving the EU. So what did happen?

www.bbc.com

Who knew that bureaucrats had opinions.