Political Headlines – Brexit, HS2 and carbon targets

Today’s Political Headlines include ‘the worst possible Brexit deal’. EU planning a ‘no deal’ Brexit scenario, Chinese firms as frontrunners to operate HS2 and the Government warning it will miss carbon targets. 

May’s former aide warns that the UK risks ‘the worst possible Brexit deal’
The Daily Telegraph reports that Theresa May’s former aide Nick Timothy has warned that the UK risks agreeing what the paper calls ‘the worst possible Brexit deal’, with free movement of workers set to effectively continue under proposals to be discussed by the Cabinet. Ministers have been warned that there are only six weeks of negotiations left to agree a deal by the EU summit in October. The Guardian claims that Theresa May will tell her fellow leaders that the Government is making progress on Brexit at today’s EU summit.

EU works on no deal Brexit as it prepares to issue warning about negotiation progress
The Financial Times says that the EU is increasing work on emergency plans to cope with a hard Brexit, including transitional measures covering transport, financial services and customs to be implemented if no deal is agreed. The paper also claims that Theresa May will be given a ‘serious and grave’ warning over the progress of Brexit negotiations by fellow EU leaders at today’s summit.

Chinese firms are frontrunners to operate HS2
The Times reveals that the Chinese firms Guangshen Railway Co and MTR are the frontrunners to operate HS2 because two British-led consortia, including Virgin and First Group, are unwilling to take on the financial risk required. Final bids are due early next month, with a decision due next May.

Government warned that it will miss carbon targets
The Guardian carries details of a report by the Committee on Climate Change, which warns that the Government will miss its legally binging carbon budgets in 2025 and 2030 because not enough progress had been made in cutting emissions from buildings and transport. The committee, chaired by the Tory peer Lord Deben, accuses ministers of not pursing low-cost options such as onshore windfarms, home insulation and tree-planting.

Truss rebuked by Downing Street over speech
According to The Times, the Chief Secretary to the Treasury, Liz Truss, has been rebuked by Downing Street after she criticised Government policies and mocked Michael Gove in a speech. The Financial Times suggests that Defence Secretary Gavin Williamson could quit if he doesn’t secure extra funding. The Daily Mail adds that senior backbenchers are becoming fed up with Cabinet infighting, with Nigel Evans telling ministers to ‘put a sock in it’.

Welsh Conservative leader resigns
The Guardian reports that Andrew RT Davies, the Welsh Conservative leader, has resigned ‘unexpectedly’. The paper says that supporters and opponents of Davies have linked his resignation to his support for Brexit and his comments about Airbus last week, which were criticised for being ‘inflammatory’ by defence minister Guto Bebb.

Mordaunt to use foreign aid to support Commonwealth veterans
The Daily Telegraph says that Penny Mordaunt, the International Development Secretary, will announce today that the aid budget will be used to support war veterans living in poverty in the Commonwealth. She will also outline plans to work with the Ministry of Defence to support islands in the Commonwealth affected by hurricanes.

Clark requests £100m for satellite system feasibility study
The Financial Times claims that Greg Clark, the Business, Energy and Industrial Strategy Secretary, has made a formal request to the Treasury for £100m to fund a two-year feasibility study for a British satellite navigation system as an alternative to the EU’s Galileo programme. Officials plan to launch the first tenders for the new system in the autumn.

Learn more about Vuelio Political Services.