Again Kate Bingham comes out of this well - day 1 coordination with US - this argues, as Id heard, German efforts to push the Biontech (Pfizer) vaccine invented in Germany came up against a bet on sanofi and precautionary principle applied to new mRNA tech nytimes.com/2021/03/20/wor…
Ie EU grabbed this competence in health during crisis from nation states - then applied non crisis value for money procurement & risk averse precautionary principles to programme. Difficult not to see that eg Germany would have done better if this had stayed national competence
As NYT put it and I’ve detailed elsewhere UK & US went into business with the pharma industry as a type of VC partner, and derisked the investments too, and so got hold of the supplies first....
That said, fair to say that if the EU had done what the UK & EU successfully did then the net result of that would have been it would have effectively kept Pfizer/Biontech supplies for itself in first instance, and not exported them to for example the UK... which may still happen
Given that & interdependence, could be tempting for Downing St, given surplus vaccine supplies, to offer to help alleviate EU bottlenecks in mutual interest. Perhaps offer to fully supply RoI and commonwealth EU countries - Malta & cyprus, and guarantee flow of ingredients.
Domestically, supplying RoI makes some sense given common travel area. Commonwealth connections would justify Malta & cyprus...

Noteworthy that India is supplying the Oxford invented vaccine around the world emblazoned with Indian flags tweeted out by its foreign ministers...

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More from @faisalislam

16 Mar
Punchy response to PMs Integrated Review aim for UK “science superpower” from biggest UK private science funder ⁦@wellcometrust⁩ : research/ aid cuts/ no clarity on post Brexit Horizon research funding threaten to damage and eclipse ambition: wellcome.org/news/science-s…
“Aid cuts mean UK scientists will have to abandon work they’ve already started, often in partnership with academics in developing countries. It is unprecedented to not honour existing commitments..will damage our national reputation & flies in face of ‘global Britain’ ambitions”
On post EU Horizon research Wellcome warns of effective £1bn cut:
While “welcoming decision to continue participation in Horizon... they will be immensely frustrated, with good reason, if it’s going to be paid for by cuts to other research. We urgently need reassurance on this.”
Read 7 tweets
12 Mar
NEW
First month in new post Brexit trading arrangements sees UK exports to EU down 40.7% and imports down 28.8%: official ONS figures....

Some shifted in to Dec stockpiling, & lockdown a factor

GDP also fell 2.9% in Jan, much less than first lockdowns

ons.gov.uk/economy/nation…
Monthly figures can be erratic, and the Govt argued yesterday that some of this has normalised in port lorry flow data on February, but even taking all that into account that is still a significant fall. Important to see trend now over next few months.
ONS: “External evidence suggests some of the slower trade for goods in early January 2021 could be attributable to disruption caused by the end of the transition period. In addition, we also need to consider the stronger November and December stockpiling trade figures”
Read 4 tweets
11 Mar
NEW:

Govt delays post Brexit import paperwork checks due next month and in July... until October, and into next year
Govt: “we have not seen generalised disruption... however recognise scale and significance of challenges” in adjusting to Brexit changes at same time as Covid impacts:
Written ministerial statement from CDL Gove here:

questions-statements.parliament.uk/written-statem…
Read 15 tweets
10 Mar
Made point before - issue was EU at first insufficiently protective of its own exports, possibly as a result of listening to some of the bigger pharma companies, not controlling for example even some of the first vaccines it funded... unlike UK with govt funded and brokered AZ-Ox
consequence however of political pressure EU under here - is next time, or if ongoing need for an EU originating vaccine/treatment/component - they’ll find a way to insist on domestic first supply, as UK has... thread from a few weeks back explaining:
In general though, in context of AZ-Ox being distributed via India around developing world at cost price, difficult to sustain argument that UK has been vaccine “nationalist”... perhaps initially vaccine protective....

EU firms have made billions from these exports to ROW.
Read 5 tweets
10 Mar
Former top Treasury mandarin says test & trace “most wasteful and inept” public spending in history - and links acceptance of that in Govt to Bank of England effectively printing the money to fund it...
Can occasionally be forgotten that an adjustment made for the output of the test and trace system notably boosted Q4 GDP figure ...
Full report here... from cross party @CommonsPAC

key charge: didn’t achieve aim, that justified £37bn cost, of preventing further lockdowns..

& initially centralising this mistaken when local health officials have expertise here, like in Germany

committees.parliament.uk/publications/4…
Read 5 tweets
9 Mar
Manston Airport no longer required for customs checks on cross channel freight exports...
OBR’s updated traffic data confirm flow of lorries in Dover was in early Feb back to 2020 levels. “normal” says Govt (tho below 18/19 - 6,100 trucks a day) accords with Govt management data, shows worst case scenarios didnt materialise, but hit to actual trade yet to be revealed
But former PM Theresa May had some pretty sharp comments on the Budget -

“Every prospect Brexit will have continued impact in reducing the size of our economy”... expresses concern that the stimulus is entirely capital allowances not R&D tax credits “get on and do something..”
Read 6 tweets

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