Stands2Reason

Stands2Reason

61p

221 comments posted · 3 followers · following 7

1 day ago @ http://www.conservativ... - WATCH: May - "In 2023-... · 0 replies · +1 points

Sorry meant "doing more with less"...

1 day ago @ http://www.conservativ... - WATCH: May - "In 2023-... · 3 replies · +1 points

The UK has an efficient business sector, where ‘ continual process improvement’ & ‘doing less with more’ have been necessary for 20 years. There is much there that the NHS might emulate (IT systems, processes, internal controls, internal audit cycle, lean six sigma).

The NHS should hire more of its managers from the business sector.

1 day ago @ http://www.conservativ... - WATCH: May - "In 2023-... · 0 replies · +1 points

We all know there is huge scope for more efficiency in the NHS. Lots of practical suggestions by Dr Redwood yesterday on how to do that: http://johnredwoodsdiary.com/2018/06/16/quality-a...
With more good comments & ideas below the line there.

1 day ago @ http://www.conservativ... - WATCH: May - "Parliame... · 1 reply · +1 points

“Parliament cannot and should not overturn the will of the British people” - Amen to that.

Mrs May mentions efficiency in the NHS. We all know there is huge scope for that. Lots of practical suggestions by Dr Redwood yesterday: http://johnredwoodsdiary.com/2018/06/16/quality-a... With more good comments & ideas below the line there.

4 days ago @ http://www.conservativ... - Sheila Lawlor: The Lor... · 0 replies · +1 points

DIT are the good guys. They can already work on UK trade https://www.conservativehome.com/platform/2018/01... , & are currently novating existing WTO & ASA agreements https://www.conservativehome.com/video/2018/03/wa...
They should also be working on a UK Trade Policy (FTAs), but Heywood-Robbins-May won't let them: https://www.conservativehome.com/platform/2018/01...

4 days ago @ http://www.conservativ... - Sheila Lawlor: The Lor... · 0 replies · +1 points

The World Bank economic forecast argues that if the UK fails to secure a FTA with the EU, on WTO terms the UK’s (smaller) exports to the EU would drop by at most 2%. The UK’s exports to the EU are around 12% of UK GDP, so a 2% fall reduces GDP by c.0.25%. http://documents.worldbank.org/curated/en/1648215...

The World Bank’s study says the impact is small because the EU’s import demand for UK exports is fairly inelastic. This means that EU importers that will bear most of the £6Bn potential EU tariff (HM Treasury would have £16Bn more to spend). http://johnredwoodsdiary.com/2018/02/22/leaving-t...

The UK could easily re-point this 0.25% of GDP by being far more nimble than the EU in doing FTA deals with non-EU countries.
And since the UK’s much larger goods imports are more elastic, the UK has greater scope for import substitution than does the EU.

And on Services the UK should insist on a better deal than at present. Despite the UK’s strength in Services, our Services export surplus is a mere £14Bn due to widespread heavy protectionism by EU member states: http://facts4eu.org/news_nov_2017.shtml#pp http://commentcentral.co.uk/ditch-eu-procurement-sham/

4 days ago @ http://www.conservativ... - Sheila Lawlor: The Lor... · 1 reply · +1 points

This study by Professor Minford shows why No Deal is fine for the UK, but is bad for the EU. http://www.politeia.co.uk/the-economics-of-brexit...
Paradoxically, the surest way to get an FTA (CETA+++) would be if the UK were to announce WTO terms will apply on 30 March 2019 …the Council would sideline the Commission if necessary…they go bust without our money. And French farmers use both manure & tractors to lobby very effectively.

4 days ago @ http://www.conservativ... - Sheila Lawlor: The Lor... · 0 replies · +1 points

A very interesting report by David Smith. On Page 8: "More intriguing are the results of the two tax reduction scenarios which suggest that the UK may now be on the wrong side of the aggregate Laffer curve. " This means that lower tax rates will actually increase the tax received by HMT.

And on P9 Conclusions include:
" these simulations suggest that the need to finance the large sums of money handed over to the EU may have acted as a cumulative drag anchor on the British economy and partly contributed to persistent Budget deficits."

Yes I am sure that must be right, and equally true of the UK's other cash outflows: https://www.conservativehome.com/thetorydiary/201...

4 days ago @ http://www.conservativ... - Sheila Lawlor: The Lor... · 3 replies · +1 points

Yes WTO tariffs are maximum tariffs. I believe we need to retain UK tariffs & then reduce to 0% via FTAs - to secure better market access for our Service & remaining manufacturering industries in exchange for tariff-free imports ... exactly what we should let the 3,200+ DIT employees get on with.

No need to have final FTAs, interim FTAs are also very effective (for both EU & RoW): https://www.politico.eu/article/britain-10-year-i... https://www.conservativehome.com/thetorydiary/201...

4 days ago @ http://www.conservativ... - Sheila Lawlor: The Lor... · 0 replies · +1 points

One important point in assessing EU/RoW G&S exports is that an adjustment is needed for the misallocation between EU/RoW due to the 'Rotterdam-Antwerp Transhipment effect': https://www.conservativehome.com/thecolumnists/20...