Too Many Laws Spoil the State
This week as the Indian Steel firm Tata, decided to sell its British steel works and the focus switched to Port Talbot, the local Labour MP, Stephen Kinnock, ruled out nationalisation as a long term solution. Nor is EU protection against Chinese steel dumping the answer, as former Chancellor Ken Clarke MP made clear. Rather the industry must concentrate on those parts which can make a profit.
That's been the key to wider British success. Already Greybull Capital is in talks with Tata about the Scunthorpe plant and across the spectrum of British industry other commerce is going ahead, with investors determined to do business in Britain, not affected by the uncertainties of the Brexit debate. That's the judgement of the Mail's City Editor. 'The message [says Alex Brummer] is crystal clear. Even in the current overheated political atmosphere, commerce is not stopping, the prospects for the City look as bright as ever and all-comers are still arriving. So much for Brexit blight.'
In this week’s blog, Thomas Griffin, a founder and former Chairman of a GT Management, explains what lies behind the City's success and why it is that Britain’s financial sector would be better off out.
This week 250 business leaders announced their support for Brexit in the run up to the June referendum. Reflecting the huge range of British Business talent, from pubs and hotels, to banking, with the HSBC’s former chief executive backing Brexit, the message was clear: John Longworth, head of the British Chambers of Commerce until forced out for supporting Brexit summed up the business assessment. With Britain removed from EU 'shackles … jobs will be safer, Britain will be able to spend our money on our priorities and we can look forward to faster growth and greater prosperity in the future.’
The damage caused by those shackles will strike a chord with many people who work in the UK’s financial sector. The problem is one of too much bad law.
Let's give more hope at Easter for vulnerable refugees says David Burrowes MP
The fear of persecution, particularly among Christians, leads many refugees to avoid refugee camps. Evidence from the charity Barnabas Fund, indicates a history of militant groups ‘dominating and controlling’ refugee camps in past regional conflicts: this adds to the feeling of danger perceived by Syrian Christians. Evidence also suggests that refugees in host communities are less visible to the relevant authorities. Last month the International Development Select Committee highlighted how under-registration is particularly problematic among certain groups - the most vulnerable are often not registered with the United Nations High Commissionaire for Refugees (UNHCR); and there is considerable confusion and distrust of the registration process.
While figures are unreliable, estimates and media reports suggest that there may be as many as 200,000 to 400,000 unregistered Syrian refugees in Lebanon alone. Evidence from Lebanon suggests that under-registration arises from barriers to access, including: lack of information, misconceptions about the process, and physical access due to issues with transport and mobility. Crucially, it seems that these barriers may affect some groups disproportionately.
Let's Help Yazidi and Christian Refugees
Here, in an edited piece summarising their interview on Fox News and associated article, Rabbi Abraham Cooper and Rabbi Yitzchok Adlerstein propose three practical next steps.
Thursday 24th March: International attention across the western world has highlighted the plight of Christians and Yazidis in Syria and Iraq targeted by ISIS. In the US, John Kerry, the Secretary of State, told a news conference that this was nothing less than genocide by ISIS against groups in areas under its control. In Britain, a number of MPs signed an early day motion condemning the treatment of Christians and other minorities by ISIS including ‘beheadings, crucifixions, shootings, burnings, other murders, torture, rape and extensive violence’ as genocide. The European Parliament too has passed a unanimous motion of condemnation.
Christians and Yazidis have long been targeted by Muslim groups – not only ISIS – for ethnic cleansing. Churches have been burned, priests arrested. In the worst cases, Christians have been tortured, raped and even crucified.
Old Truths Not New Politics!
A Surer Way to Success for Mr Osborne
Nuclear Policy and the Energy Mix
Nuclear Policy and the Energy Mix
Friday 11th March: This week the French Finance Director of EDF resigned over his company’s decision to build the British nuclear reactor at Hinkley Point C. He believed that the expensive project could threaten the group, already stretched by rising debt.