Opinion – Gus O’Donnell | Brexit is a massive venture. There’s no way these changes will happen smoothly | Opinion | The Guardian

Here’s a good op-ed from Gus O’Donnell in the Guardian. He argues that leaving the EU would have been enough of a challenge for a strong majority government but without clear political leadership, the UK is looking at an enormous downside risk.

Source: Gus O’Donnell | Brexit is a massive venture. There’s no way these changes will happen smoothly | Opinion | The Guardian

I’ve spent a large party of my life in delivering radical change, both in private & public sector. Even with the A-team handling delivery, the pivotal role is with the sponsor. Political meddling and change in sponsor leads to massive delays, huge cost overruns and failure to achieve objectives. In my experience, sponsors of radical change programmes usually impale their careers. In addition, it’s seriously questionable whether the government has harnessed the A-team. The first part is in negotiation of the changes and the UK has neither the strategy nor the expertise to face the EU.

Conservative MPs go on holiday comforting each other in their ideological solidarity but sadly that just one dimension of a radical transformation. Without independent risk assessment and costing, plus expert challenge of the strategy, we surely looking at a national train crash?

Thoughts?

UK faces tightest squeeze on household incomes for five years | Business | The Guardian

 

The Guardian reports that real disposable income per head fell 2% in first quarter of 2017 from year earlier, the steepest decline since end of 2011.

Source: UK faces tightest squeeze on household incomes for five years | Business | The Guardian

Finally, people are focused on the evidence as it’s hitting them in their pocket. The evidence will always prevail in a democratic country and populism will be discredited.

But really this is just the tip of the iceburg. With a hard-Brexit jobs will disappear and the UK will suffer years of lost growth, as well as inflationary pressures from lower Sterling levels.

The public sector are dreaming if they listen to the ‘Pied Piper of Islington’ promising pay increases. The UK will suffer years of erosion in national growth post Brexit – this can only be financed by borrowing (that’s already sky high), further cuts to public services or massive tax increases.

Thoughts?