Watchdog summons Corbyn and McConnell to meeting over misuse of statistics
The staff of Labour leader Jeremy Corbyn and shadow chancellor John McDonnell have been summoned to a meeting by the UK’s statistics watchdog over the misuse of stats. Statistics Authority chairman...
View ArticleThe pressure is on to fix the broken audit market
Accountancy may be “an art, not a science”, but there needs to be less “Jackson Pollock”. That’s according to the Labour MP Rachel Reeves, chair of the Business, Energy and Industrial Strategy Select...
View ArticleHere are the six (yes, six) reviews the audit sector is currently facing
As 2018 continues to be the annus horribilis of audit, bean counters are finding that sector reviews are, as the saying goes, like buses. With news this week that MPs are going to launch their own...
View ArticleAmber Rudd: MPs will block a no-deal Brexit
Amber Rudd, the new work and pensions secretary, has appeared to rule out a no-deal Brexit on the basis that the House of Commons will vote through the draft withdrawal agreement put forward by Prime...
View ArticleMcDonnell: Labour could form a minority government without an election
Shadow chancellor John McDonnell has said Labour could form a minority government without a general election if Theresa May's Brexit deal is voted down in parliament. His comments mark a change of tack...
View ArticleVenezuela is a brutal lesson to the UK’s socialist apologists
I know it is very hard to believe, but at some point we shall stop talking about Brexit. We shall get back to discussing what we can do to improve our lives and those of others. And we shall look for...
View ArticleMcDonnell agrees Labour support for new Brexit referendum is...
Labour’s John McDonnell believes it is “inevitable” his party will soon back another referendum on Brexit. In an interview on Wednesday afternoon, the shadow chancellor gave the clearest indication yet...
View ArticleA new Brexit referendum could be held in 22 weeks, says Greening
A new Brexit referendum could be held within six months, according to former Conservative cabinet minister Justine Greening. The Putney MP said today that if parliament defeats Theresa May’s Brexit...
View ArticleEditor’s Notes: Check back in with the forecasters in 2033
The Treasury’s Brexit scenarios, released this week, boiled down to a claim – made with pinpoint accuracy - that the Prime Minister’s deal will leave the UK economy 3.9 per cent smaller in 15 years,...
View ArticleEditor’s Notes: The Bank of England must protect its independence
Former chair of the US Federal Reserve Janet Yellen once said “the principle that a central bank should be independent from the government is unassailable.” Donald Trump probably thinks unassailable...
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