Tuesday 30 October 2018

GOVERNMENT FINALLY RECOGNISES THE SI MOUNTAIN PROBLEM

Here's a giggle. The i News reported recently that the government is accelerating preparations for a no deal Brexit (HERE), suspending normal parliamentary business from 12th November in order to rush through around 900 Statutory Instruments to make sure the statute book is ready by next March 29th. This is the equivalent of fiddling while Rome burns. The statute book may well be in a good state of repair by next Spring but I wouldn't worry too much about the legal niceties, I don't suppose the Welsh sheep farmers or the car workers in Sunderland and Oxford will be too bothered either.

Housewives, unable to find the food they want on supermarket shelves, or holiday makers with useless flight tickets might have other things on their minds too.

The pound will reach parity with the penny long before next March if it begins to look like a no deal Brexit is likely. The economy will do the sort of dive that Tom Daley would be proud of. Ministers will have it all on to avoid being lynched. The Norman Lamont moment outside The Treasury on black Wednesday in 1992 will look like a glittering success compared with a no deal Brexit, even making the heroic assumption that it would ever pass through parliament.

This is the cabinet bravely if rather pathetically trying to look as if it's digging in and daring the EU to blink. Everybody will see it for what it is - assuming there is some truth in the story to begin with.