A look at David Davis, the UK’s Brexit minister

I have long been an admirer of David Davis. Personally, I hoped that he would be Conservative Party leader but he lost to David Cameron. For me, Davis is one of those Tories who had a real career before entering politics, unlike the privileged lives of David Cameron and George Osborne. Davis came from a very ordinary family and used education and hard work to find his way in life. Prior to politics, he spent many years working for Tate & Lyle, working his way up the ladder and has an MBA from Harvard.

It’s a new era, post Brexit referendum – Cameron resigned and yesterday George Osborne was apparently fired by the new PM, Theresa May.

Davis is a tough, no nonsense politician and a strong negotiator. He’s more right wing than Cameron and Osborne. And most importantly, he supported Brexit.

A few days ago, unaware that he would become cabinet minister in charge of Brexit, he published a blog setting out his views on Brexit. He argued that we need to shift towards a more export-led growth strategy, based on higher productivity employment.

Source: David Davis: Trade deals. Tax cuts. And taking time before triggering Article 50. A Brexit economic strategy for Britain | Conservative Home

Key points emphasized by Davis included:

  1. Taking back control of trade
  2. Cutting taxes and cutting red tape – but protecting workers.
  3. Single market access – and why we should take time before triggering Article 50.
  4. Brexit – The Big Picture

Thoughts?

Opinion – The Huge Challenge Facing Theresa May – John Cassidy – The New Yorker

John Cassidy in the New Yorker looks at Theresa May’s challenges ahead. He suggests that May’s term of office will be defined by how she deals with two issues: Brexit and the economy.

Source: The Huge Challenge Facing Theresa May – The New Yorker

May has provided the ‘A – Team’ for handling Brexit, with David Davis leading, Liam Fox in charge of international trade and Boris Johnson as Foreign Secretary – all three were prominent Brexit supporters. Johnson’s appointment was not expected and will be intensely debated in the coming months. But the lead negotiator will be Theresa May – as a pastor’s daughter, like Angela Merkel, with a similar personality and work ethic, it is important that the two leaders can work effectively together.

The second major issue is the economy. It is suggested that the Hon. George Osborne was unceremoniously fired with the suggested that his divisive form of economic leadership was no longer required. Philip Hammond, formerly Foreign Secretary, replaces Osborne. Unlike most UK Chancellors, Hammond studied economics at Oxford in his PPE degree. Hammond is regarded as a safe-pair of hands, hard-working and has a liking for spreadsheets. Hammond will introduce his first budget in the Autumn and it will be interesting to see how his policies differ from those of Osborne. Remember the UK has high levels of debt and is sensitivity to the opinions of rating agencies and financial markets. Personally, I hope that Hammond will signal the way to:

  • Greater investment in the UK, both in the public and private sectors, with additional incentives for poorer areas
  • Massive incentives to reskill and retrain, especially foreign languages
  • Huge incentives to exporters and people who gain work experience overseas
  • Massive consolidation and rationalization of the public sector
  • Reduction of corporation tax but a crack-down on the abusive tactics of multi-nationals

Thoughts?