Westminster News

The public sector and derivatives

I have highlighted before Network Rail’s use of derivatives. In their last annual accounts to end March 2020 they report progress with winding down foreign currency futures, as they gradually eliminate the foreign currency borrowings previous managements had taken out.

Growing more at home

One of the big wins from current changes should be more home grown food. There is a big opportunity for farmers as we leave the EU and as people respond to environmental and pandemic concerns.

Saving lives and livelihoods – the policy dilemma

The government is accused of mixed messages and shifts of policy in response to the pandemic. It is in practice trying to achieve a precarious balance between bearing down on the virus and allowing the resumption of more normal economic life.

The government’s legal statement

Parliament is sovereign as a matter of domestic law and can pass legislation which is in breach of the UK’s Treaty obligations. Parliament would not be acting unconstitutionally in enacting such legislation.


We voted for Brexit to take back control. Brexit voters wish to live in a free self governing independent country. Remain politicians thought the vote should be about trade. They wrongly asserted we would definitely be better off in and thought that was all that mattered.

Why I support the UK Single market Bill

I have stated why I think this Bill is necessary and legal. Let me remind those who write to me to complain about the draft legislation.

We still need a stronger recovery

GDP figures for July showed growth of 6.6%, continuing the recovery that started in May as the lock down began to ease. It still leaves the UK economy 11.7% down from the February peak.

How to tackle the virus

The government waited until the virus had fallen to very low levels. It then began a gradual relaxation of controls, essential to economic recovery and allowing freedoms back.

Qualifications for the class of 2021

Yesterday I raised in the Commons some questions about how exams should be set and marked and how standards of our main educational qualifications should be upheld for the class of 2020.