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Alberto Nardelli
@AlbertoNardelli
, 3 tweets, 1 min read Read on Twitter
May said in #PMQs that due diligence was carried out on Seaborne by Deloitte, Mott MacDonald and Slaughter & May.

Deloitte: “The standard tests could not be completed on Seaborne given a lack of existing financial information due to it only being incorporated in April 2017.”
via the National Audit Office report: nao.org.uk/wp-content/upl…
Mott MacDonald: "The review flagged 'significant execution risks' relating to the Seaborne bid."
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Alberto Nardelli
@AlbertoNardelli
NEW: Theresa May Told Donald Tusk That Brexit Might Have To Be Delayed Even If MPs Back Her Deal buzzfeed.com/albertonardell… via @albertonardelli
EU27 ambassadors were told today that PM May told Tusk at their meeting in Sharm that the UK might need a short extension even if MPs back the withdrawal agreement, according to a note of the ambassadors meeting seen by @BuzzFeedNews
@BuzzFeedNews The 27 diplomats were also told that the chances of May getting her deal through parliament are slim. The EU reiterated its position, where it can help, that the backstop cannot be changed. Efforts by the UK to find alternatives are "fading away"
Read 4 tweets
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Alberto Nardelli
@AlbertoNardelli
“In February, Departments reported being on track for just under 85% of no deal projects but, within that, on track for just over two thirds of the most critical projects.” - no longer a secret: the UK isn’t ready for no-deal gov.uk/government/pub…
"Despite communications from the Government, there is little evidence that businesses are preparing in earnest for a no deal scenario, and evidence indicates that readiness of small and medium-sized enterprises in particular is low"
Read 6 tweets
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Alberto Nardelli
@AlbertoNardelli
Britain’s post-Brexit trade conundrum. A short story.

I had a meeting this morning with a Japanese diplomat who said Japan doesn’t want to simply replicate the same terms of its EU FTA with the UK (as reported by the FT here: ft.com/content/5ce60a…).
The diplomat said the EU FTA was a good basis, but Japan wants the FTA with the UK to be “more ambitious.” Asked what he meant by this, and examples, they mentioned the UK liberalising rules and regulations in some areas once it leaves the EU
The diplomat also said the two sides has been exchanging views, but hadn’t yet started negotiations proper.
Read 7 tweets

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Shaun Lawson
@shaunjlawson
THREAD: THAT letter being shared tonight. Which you can find here: docs.google.com/forms/d/1cuDi0…
I understand why the letter's been written. It's very well-intentioned for the most part. But expecting good people to sign something which effectively says "I am guilty" when they're not guilty; and "we are guilty" when we're not guilty, is just plain wrong.
All this goes to the very heart of an increasingly, alarmingly inept response by the Labour Party to this most important, most sensitive of issues. This is a party which is now riven with division, with finger pointing, with paranoia... and with leaks too.
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Seth Hanlon
@SethHanlon
🚨 Politico is reporting that the Trump Administration is planning to flagrantly break the law by refusing to hand over Trump's tax returns to Congress.

THREAD. 1/
The law *could not be clearer.*

If the Ways and Means Chairman (@RepRichardNeal) requests any tax returns, the IRS is obligated to provide them. Here is the language in the tax code, 26 U.S.C. section 6103(f) (emphasis added):

2/
"Upon written request," the Treasury Secretary, who oversees the IRS, "shall furnish such committee with any return or return information specified in such request..."

Not "may furnish." Shall furnish. SHALL.

This has been the law for almost 100 years.

3/
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Dr Robert Bohan
@RobertBohan
Thread: As we commemorate #ArmisticeDay100 let’s look at two Irish war artists - Sir John Lavery & Sir William Orpen. Orpen travelled to the Front & observed the slaughter at close hand whereas Lavery depicted the Home Front #Armistice100
Both artists moved in high society in London. Lavery painted the royal family in 1913, indicating his success. He also painted singular portraits of the King & Queen. Orpen moved amongst the rich & titled too (Oscar Beit, 1913)
Orpen joined up in 1915 & painted Churchill in 1916. He became an official war artist in 1917. Self-Portrait (1917) & NCO Pilot (1915). Constant themes of his were wry self portraits displaying his general amusement at life.
Read 22 tweets
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Headsnipe01
@Headsnipe011
JUSTICE!

The Royal Bank of Scotland Agrees to Pay $4.9 Billion for Financial Crisis-Era Misconduct

@drawandstrike @ThomasWictor @HNIJohnMiller @jihadaeon1 @rising_serpent @_ImperatorRex_ @Debradelai @LarrySchweikart @GodlessNZ @TheChiIIum

justice.gov/usao-ma/pr/roy…
Settlement Is Largest Penalty Imposed On A Single Entity By The Justice Department For Financial Crisis-Era Misconduct
BOSTON – The U.S. Attorney’s Office in Massachusetts announced a $4.9 billion settlement with The Royal Bank of Scotland Group plc (RBS Group) resolving federal civil claims that RBS Group’s subsidiaries in the United States (RBS) misled investors...
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Winstons Back #FBPE
@WinstonsBack
1/ No Madam you are wrong. This goes to the heart of & undermines the very essence of what it means to be #British. Our sense of #fairplay , playing by the rules, and above all to our model of #democracy based on free & fair elections. #FBPE #CambridgeAnalytics #BrexitGate
2/ If we ignore this blatant cheating & interference by a foreign power in the British Democratic process then we throw away all that is best about Britain, our history. #FBPE #CambridgeAnalytics #BrexitGate #BrexitWhistleblower #PMQs
3/ If we ignore this election fixing & cheating we betray our ancestors, grandparents, great grandparents who sacrificed & gave so much to preserve our democracy & way of life. #FBPE #CambridgeAnalytics #BrexitGate #BrexitWhistleblower #PMQs #Brexit #EUReferendum
Read 8 tweets
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Laura Kuenssberg
@bbclaurak
1. Draft treaty from Brussels will ruffle feathers today, no doubt about that - crucial to see whether EU has actually dropped the language that fudged it in December
2. DUP are scheduled to have two questions at #PMQs today so May v likely to have to respond BUT.....
3. Govt expected to dismiss today’s draft as being just that and Brexiteers have been given private assurances that govt position hasn’t and won’t change - and about speech on Friday
Read 4 tweets

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