Brexit

Sir Philip Green has dug deep into his bulging pockets to plug the gap in BHS’s pension scheme. But the newspapers are in agreement: the tycoon’s £363m gesture counts for precious little. Even this huge payout won’t save Green’s reputation, says the Sun, which argues that while the former BHS boss has done the ‘right thing’, he should have done it eight months ago. Instead, the Sun says, Green had to be ‘strong-armed by politicians and an avalanche of bad publicity’ to make the right move. So while his decision to cough up will ease the worries of ex-BHS employees, it’s clear that Green has ‘become the poster boy for corporate

Eight months ago a majority of voters opted to leave the European Union. I believed then – as I do now – that was an historic mistake, but it was one – once asked – that the British nation had every right to make. The Government cannot ignore the nation’s decision and must now shape a new future for our country. Some changes may be beneficial: others may not. A hard Brexit– which is where we seem to be headed – is high risk. Some will gain. Others – will lose. Many outcomes will be very different from present expectations. We will find, for example, that – for all the

Its economy will be destroyed by leaving the single market. Losing access to European sales will destroy swathes of industry, and without free movement, employers will be crucified by skill shortages. Nicola Sturgeon is no doubt already preparing her lines for a vote on Scottish independence once the UK leaves the EU. Right now, that looks as if it could come a lot sooner than anyone imagined. It is reported that as soon as the Prime Minister Theresa May triggers Article 50 and starts the process of leaving the European Union, Scotland’s First Minister will announce plans for a second referendum on independence – a demand that May could find

Labour is doing its share of soul searching this morning following its disastrous defeat in the Copeland by-election. There are many reasons being put forward for why the Tories were able to snatch the seat from Labour. But Emily Thornberry thinks she knows exactly why Labour lost: fake news. Lady Nugee suggested that the ‘big worry’ about the future of the Sellafield nuclear power plant was the decisive factor in voters abandoning Labour. And she said that the party was defeated because ‘word had got out that Jeremy is not in favour of nuclear power’: ‘That isn’t true, that is what you call fake news’ Nugee went on to say

It is many a Brexiteer’s fantasy: In 2019, shortly after the UK formally leaves the EU, Theresa May welcomes Donald Trump to Downing Street to ink a trade pact. Out with the old, in with the new, and the ‘special relationship’ standing tall. But how likely is that scenario? A trade deal would certainly be politically meaningful for both sides. For Trump, who is facing pressure over his protectionist rhetoric, it would be an opportunity to boost his pro-trade credentials. While Theresa May could use it to show that Britain has trade options beyond the EU. The prospect of a deal with the US could also boost her hand when it