Ross Clark

Britain is, of course, in a Brexit-driven recession of its own making, while other EU countries are powering on ahead without us. Or so we keep being told. The ideas is that we are distancing ourselves from European markets – and concerned manufacturers will move production to factories elsewhere in the EU. While this gloomy

There is never more excitement on the Left than when a Tory MP recants and concludes that his heartless party and its callous social policies are wrong. So it was on Friday when Nigel Evans, MP for Ribble Valley, announced that he had had a ‘road to Damascus conversion’ and realised that David Cameron’s legal

When Boris Johnson was foreign secretary, he was admonished for accusing the EU of wanting to administer ‘punishment beatings’ to Britain for its temerity in wanting to leave the EU. In the months since it has become clear just how apt his description was. At every turn, the EU has acted with one aim in

There is at least one person in Britain who would beat Theresa May in a contest to see how far they could kick a proverbial can down the road. Fortunately for her, it is the leader of the opposition. Why won’t he do it? Why won’t he table that motion of no confidence in Her

For once, I think Jean Claude-Juncker might have a point. “Nebulous” was a pretty good description of Theresa May’s mission to Brussels. What, exactly, was she expecting from EU leaders that was also going to please her own backbenchers? She must have known the EU would stonewall her over the backstop. She seemed merely to

The world of business is, apparently, appalled by the actions of the 48 or more Conservative MPs who have triggered a vote of no confidence in Theresa May as Conservative leader. According to the Institute of Directors, its members are ‘tearing their hair out’ over today’s news. The message seems to be that a change

How painfully clear it is what happens next. Theresa May returns from her European travels with some kind of non legally-binding piece of paper saying that the EU would rather not enact the backstop if it can possibly avoid it, and, some time in January we finally have the crushing Commons defeat that we should

The “People’s Vote” is celebrating the judgement by the European Court of Justice that Britain could unilaterally revoke Article 50 at any point up until 29 March next year and remain in the EU under existing terms. It destroys the argument that Michael Gove made last weekend: that reversing our decision to stay in the

Given how Remainers have lost no opportunity to accuse the official Leave campaign of telling porkies about how much money we send to the EU – £350 million per week according to Vote Leave but closer to a net £250 million once the UK rebate is taken into account – one might imagine that the

So will those Remainers seemingly hoping for a Brexit-related recession get what they want after all? This morning Purchasing Managers’ Index (PMI) for the service sector certainly points in that direction. The index, which is really just a questionnaire to businesses but which can give advance warning of swings in economic growth, fell to 50.4

How Remainers are feasting on the ruling (although not final judgement) from the European Court of Justice suggesting that Britain could unilaterally revoke Article 50 at any point up until 29 March next year and remain in the EU under existing terms. If the final judgement confirms the ruling it will destroy the argument that

What’s wrong with UK financial markets? The global economy is recovering, but British stocks and shares are not keeping pace. The pound has failed to recover from the slide it experienced in the wake of the EU referendum. This is frequently blamed on investors being spooked by Brexit, even more so by the possibility of

It is the decimal point which really gets me. If we have a ‘no deal’ Brexit, according to Treasury forecasters, the economy will be 7.6 per cent lower in 15 years’ time than it would be if we didn’t leave the EU. What, not 7.7 per cent? It is an age-old trick: express your guesswork

With the leak of a 26-page political declaration this morning – an enhanced version of last week’s briefer document – we now know the shape of the future EU-UK relationship which May and the EU negotiators want to achieve in the long run – if, and this could turn out to be a big if

Anyone trying to get about London over the past few days may have come across the activities of a group called Extinction Rebellion, which blocked Westminster and several other bridges on Saturday, blocked Lambeth Bridge today and plans to repeat the exercise later this week. Its tactics are simple – it gathers raggle-headed eco warriors,

Big UK business is often guilty of short-termism and the CBI’s response to Theresa May’s draft withdrawal proposal is no exception. Large companies are backing May’s appalling deal with the EU because they are preoccupied with ensuring that next year’s results are no worse than the guidance they have given markets. The opportunities which could