Topic Archives: Economy

Reflections on Johnson and Davis

As we learn that we have a new Secretary of State for Northern Ireland (but not, as I write, knowing who), I wanted to reflect on the two most controversial appointments to Theresa May’s cabinet. Either the appointment of Boris Johnson and David Davis as Foreign Secretary and Secretary of State for Brexit respectively is more…

A real Twelfth celebration. Three cautious cheers for Bombardier

And what about the effects of  Brexit?  The Irish Times takes forward the story reported by CBC Canada. Many thanks to Quebec, despite its secessionist tendencies.   The SWISS air flight on Friday also represents an important next stage of the C-Series journey that began for Northern Ireland at the Farnborough Air Show in the UK in 2008. Back more…

Westminster will find it hard to counter the Brexit case for Scottish independence

The UK Treasury chief who was at the heart of Project Fear during the Scottish independence referendum of 2014 is singing a different tune after the Brexit referendum. In an extraordinary article in the Financial Times (£)  summarised here,  Sir Nicholas McPherson sweeps away most of economic and financial problems associated with independence.. With the UK more…

US Consulate: “We anticipate that a US trade and investment delegation will visit Northern Ireland in the first half of 2017”

The Northern Ireland Secretary of State, Theresa Villiers, has, in effect, called ‘bullshit’ on Martin McGuinness‘ claim that a proposed US investment delegation to Northern Ireland has been postponed “directly as a result of the vote” in the UK-wide EU membership referendum. Unlike the Northern Ireland deputy First Minister, echoed by his party colleague, Conor Murphy, more…

On parliamentary sovereignty and post-Brexit Britain

House of Commons

The latest phase in the stages of grieving for Remainers is the idea that parliament can save the UK’s membership of the EU. How would that play in blue-collar England? As 78% of the men on the Clapham omnibus, in the London Borough of Lambeth, voted Remain, we’ll need someone different to act as our more…

After Brexit: the options

As time went on, speculation reached fever pitch. The internet was full of crazy theories about developments that would overturn everything we knew, seemingly convincing timelines of events that would soon unfold, and ingenious analyses proving that things were either nowhere near as bad as they seemed, or much worse than anyone imagined. I am more…

So what happens now?

Well, the markets are currently having their say, but I would strongly advise that we look at them in a week and a half and see if they recover from the initial shock. Now for Andy’s predictions on what happens from here. Negotiating our way out The next step is Article 50 notice to leave more…

We can already see a post-Brexit economy emerging. It’s grim.

Here’s a confusing financial press headline from today: German 10-year sovereign bond yields turn negative for first time. What does that mean in plain English: it means traders are so worried about what the UK economy would look like post-Brexit, they’re pulling their money out of the UK, and actually paying the German government to more…

Bilderberg 2016: “If I were a member of a technocratic elite that wanted its influence on public policy kept under wraps…”

It’s that time again!  The 64th Annual Bilderberg Meeting, “like a corporate cross between Santa Claus and a big friendly squid“, has just ended in Dresden, Germany.  Charlie Skelton was there again for the Guardian, and his post on Bilderberg 2016 is well worth reading in full.  It’s a “tickle under the chin of the more…

EU referendum: The Reverse Sturgeon Option?

From Eirigi's Facebook page

The activities of dissident Irish republican groups is clearly something on the minds of many in Northern Ireland and Westminster. Following-on from the Home Secretary’s warning last month that a fresh attack was “a strong possibility” a number of arrests have been made at the gatherings of various dissident groups in different parts of Northern Ireland. more…

Why we need more sixth century historians

“All this has happened before, and all of it will happen again.”  – Battlestar Galactica Vice-Chancellor of Queen’s University, Patrick Johnston, caused a furore this week with his comments claiming that “society does not need a 21-year-old that’s a sixth century historian”. Instead, he opined that “It needs a 21-year-old who really understands how to more…