‘No deal is better than a bad deal’ claim unsubstantiated – News from Parliament – UK Parliament

English: Risk Assessment Methodology Flowchart...

English: Risk Assessment Methodology Flowchart showing different steps, input and output of this steps (Photo credit: Wikipedia)

Don’t rely on the heavily biased British media, read the minutes of the Brexit Parliamentary Select Committee. Significantly, it reports that the Government has not carried out economic assessment of ‘no deal’.

Source: ‘No deal is better than a bad deal’ claim unsubstantiated – News from Parliament – UK Parliament

There are two interpretations. Firstly, the Government has risk assessed the downside-risk of a ‘no-deal’ and recognized that it’s political and economic suicide, so they’ve buried it, shot the messenger or sent author back to rework his sums. Secondly, the Government has been negligent and ignored strategic best practice and risk assessment tools (see flow chart). Either way, Theresa May and her government are looking a bit flakey right now and liberal observers will be alarmed at the march to the right of the political spectrum.

Whatever you may think of individual members of the parliamentary select committee, their views are increasingly important.

Thoughts?

UK naive to expect easy ride in Brexit trade talks, says Lords report | Politics | The Guardian

This image was selected as a picture of the we...

This image was selected as a picture of the week on the Malay Wikipedia for the 48th week, 2009. (Photo credit: Wikipedia)

In this highly recommended article the Guardian reports that a cross-party group of peers accuse ministers of misunderstanding nature of free trade and overestimating negotiating position.

Source: UK naive to expect easy ride in Brexit trade talks, says Lords report | Politics | The Guardian

The government should come clean and publish a comprehensive green paper highlighting alternative Brexit strategies, quantifying projected risks, costs and benefits. Ultimately, it’s the government’s responsibility to show the UK people that they were conned.

Thoughts?