My #Remainer's Diary Day 300: I mull over a joint statement from the First Ministers of Wales and Scotland, Carwyn Jones and Nicola Sturgeon about the repeal bill. It says: “We have... put forward constructive proposals about how we can deliver an outcome which will protect the interests of all the nations in the UK, safeguard our economies and respect devolution. “Regrettably, the bill does not do this. Instead, it is a naked power grab, an attack on the founding principles of devolution and could destabilise our economies.” So a constitutional crisis that was latent ever since 23rd June 2016 is due to be thrashed out in Westminster debates. A spokeswoman for the Maybot said she was not aware of a contingency plan for what might happen if Scotland or Wales refused legislative consent. That is apart from the rows there will be about the bill's Henry VIII clause powers and putting human rights in doubt. As the clock ticks, businesses act to protec...
For 298 days I have kept my #Remainer's Diary on Facebook. Two nights ago my FB account became inaccessible without explanation. So I'm back on Blogger. Diary Day 299: the UK's Office of Budget Responsibility published its first Fiscal Risks Report, a 312-page tome, in accordance with a requirement introduced by Parliament in October 2015 that the OBR must produce a fiscal risks report at least once every two years. It is freely downloadable by anyone. Fiscal is a fancy word for pertaining to government finances. Derivation: 16th century, from Latin fiscālis concerning the state treasury, from fiscus public money, the public purse. It is about government income and spending. The Fiscal Risks Report refers to a wide range of "fiscal pressures", and says that the risks posed by Brexit "do not supplant the possible shocks and likely pressures that we have already discussed, but they could affect the likelihood and impact of many of them." It...