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Sarah Ludford 🔶pro-European Profile picture
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12 Mar, 5 tweets, 2 min read
I’m sure there is not the slightest reason to worry about Tory govt plans to scrap EU regs post-Brexit to ‘reduce burdens’ on City firms in order to ‘improve its competitiveness’. ft.com/content/387084…
“the City - ever quick to scent an opportunity - is positioning itself to have greater influence over the reshaping of the post-Brexit rulebook”
ft.com/content/199e20…
“Proposals by Lord Hill, former EU fin servs commissioner leading govt’s review into City, to change UK listing rules have been welcomed by financiers keen to attract more flotations, but questioned by investors who fear the London market’s high standards are being compromised.”
“Hill review also recommended including ‘competitiveness’ or ‘growth’ in FCA’s mandate - something that was removed from the regulatory framework following financial crisis because of potential for tension with other (more pressing) aims such as stability and consumer protection”
“”there is a sense in the City that, thanks to Brexit or perhaps just passage of time, the regulatory pendulum is starting to swing back in its favour; that there is a chance to undo some of the so-called gold-plating that finance feels has been slowing it down in recent years”

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More from @SarahLudford

Sarah Ludford 🔶pro-European Profile picture
14 Mar
Key point:
‘The Judge confirmed that @ReclaimTS’ assessment of
the law is correct: not all protest is, or can be treated as, illegal
under the Tier 4 rules.’
“unless it is necessary and proportionate to prevent persons gathering to exercise their right to freedom of expression and assembly, having regard to the individual facts and circumstances of the protest in question, such a protest is not prohibited by the Tier 4 regulations”
“this means that Arts 10 & 11 require police to facilitate & uphold the right to protest and that they only prevent it where, following a proper assessment, this is necessary and proportionate in the particular circumstances of the
protest in question”
Read 5 tweets
Sarah Ludford 🔶pro-European Profile picture
8 Mar
“Fittingly, the Liberal candidate to whom Maxwell gave her support, Jacob Bright, was a prominent advocate of women’s suffrage”
“event was widely recorded in the press, with Yorkshire Post reporting that ‘a woman actually voted!’ Taking a hostile view, it suggested that the polling clerk should have ignored Maxwell’s claim when she appeared to vote, ‘as he would have ignored that of a child 10 yrs old’.”
“Just 5 months earlier, the Commons had rejected – by 196 votes to 75 – John Stuart Mill’s proposal to extend the franchise to women by substituting the word ‘person’ for man in the 1867 Reform Act.”

An appropriate use of gender neutral terminology in legislation...
Read 5 tweets
Sarah Ludford 🔶pro-European Profile picture
5 Mar
Just feeling maudlin - 70th birthday in a week’s time, without Steve.
Not asking for sympathy, I know so many other people have suffered losses.
But it’s a bugger, nonetheless.
Had a lovely chat last week with my mother-in-law (100 in May) when she reminded me that ‘Stephen always joked that he married an older woman’.
This was because I was 2 months older than him!
Cheering myself up with some of my favourite booster tracks:
- Bryn Terfel & the Dunvant Male choir: Calon Lan
- Phil Coulter/Nathan Carter: The Town I Knew so Well
- Rod Stewart: Grace, & Downtown Train
Read 5 tweets
Sarah Ludford 🔶pro-European Profile picture
23 Jan
“Simon Spurrell said he has lost 20% of his sales overnight after discovering he needed to provide a £180 health certificate on retail orders to consumers in the EU, including those buying personal gift packs of his award-winning wax-wrapped cheese worth £25 or £30.”
“He says he had hoped to take part in the ‘sunny uplands’ promised by the government post-Brexit but has instead seen the viability of his online retail come to a ‘dead stop’.”
“To save his business he will now have to switch a £1m investment he was planning to make in a new distribution centre in Macclesfield to the EU, with the loss of 20 jobs and tax revenue to the UK.”
Read 6 tweets
Sarah Ludford 🔶pro-European Profile picture
23 Jan
“Despite Johnson's repeated claims that Brexit is a great opportunity for British exporters and would lead to some kind of revival for free trade, the reality is very different”
“While it should be a source of embarrassment for the PM that his deal has made life very difficult for many of the industries that he has championed post-Brexit, Johnson's public statements on the matter suggest he is oblivious to the reality that many are facing.”
“chief executive of Scotland Food and Drink:
‘This isn't as simple as an IT glitch that needs fixing. In a matter of days, we went from being able to send fresh food to Madrid with a single cover sheet of paperwork. Now there are roughly 26 steps for each transaction’.”
Read 5 tweets
Sarah Ludford 🔶pro-European Profile picture
23 Jan
1940s civil servant on how Britain had fallen into the second tier post war:
“We are not a great power and never will be again. We are a great nation, but if we continue to behave like a great power we shall soon cease to be a great nation.”
ft.com/content/7192f6…
.@philipstephens:
“Anthony Eden’s disastrous Suez expedition and the Brexit decision 60 years later were bookends in this search for a role - the first, empire’s last trumpet, the second a refusal even after four decades of EU membership to accept a more modest role.”
“The Brexiters have long confused sovereignty with power. The notional sovereignty now reclaimed from Brussels does not confer a capacity to act. Instead, Britain has lost its voice in European affairs and diminished its influence in Washington.”
Read 4 tweets

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