@BritainThinks@GreenAllianceUK@ChiefExecCCC@jbuckland13@timbolord Road pricing is obvious example -- the shift to electric vehicles will cost the Treasury £30bn a year in lost fuel duties — equivalent to a 6p rise in income tax -- so the money has to come from somewhere, and as @timbolord says, when explained this way, become easier /2
@BritainThinks@GreenAllianceUK@ChiefExecCCC@jbuckland13@timbolord It's also possible to phase in slowly, as @jbuckland13 advises, to compensate for lost revenues that will also taper away over time -- and it can be advertises as a fairer approach, with higher rates on city/congested driving than rural areas where cars are essential/3
@BritainThinks@GreenAllianceUK@ChiefExecCCC@jbuckland13@timbolord There is also the question -- as Chris Stark says -- of doing this in the round. So money saved from electric vehicles is indirectly used to fund harder parts of the road to Net Zero..notably buildings, which require high investment for lower returns on operating costs/4.
@BritainThinks@GreenAllianceUK@ChiefExecCCC@jbuckland13@timbolord Obviously, as Stark says, "tax is rarely popular" -- people are happier to virtue signal about it, than pay it -- but **fairness** and **communication** is going to be vital to retaining public support for the Net Zero path. Focus groups show explaining why is key /5
🚨🚨🚨🇪🇺🇬🇧🍾🍾🍾🍾🇬🇧🇪🇺🚨🚨🚨NEW: English sparkling wine (aka ‘Brexit Juice’, as some called) producers feeling the #brexit pinch — transport, labelling and customs issues adding frustration and costs. Want govt to do more to help. /1
No need to labour the point these days, but the biggest issue is still groupage -- smaller exporters struggling to get freight companies to take single or double pallets. They'd prefer to run back to EU empty than risk hassle of being stopped, per @Wine_GB /2
@Wine_GB The industry accepts that Brexit means Brexit but wants the govt to do more to help, says @wstauk boss @WSTA_Miles lowering excise duty rates, making it easier to import equipment by getting rid of tariffs and consolidating more tariff codes /3
🚨🚨🇪🇺🇬🇧💉💊💉💊🇬🇧🇪🇺🚨🚨 So. Drug industry sounding alarms over cost of #brexit red tape on supplies to Northern Ireland, warning of “sharp curtailment” of treatments to patients from Jan 1 2023 without a fix. @SarahNev and me in @FT Stay with me /1 on.ft.com/3gnuRp4
The NI Protocol requires drugs going from GB into NI to follow EU rules - see the list in Annex 1 (20) of the Protocol...just a taster here, but it's a long list /2
@SarahNev@FT There was a grace period to give businesses time to adapt agreed to run to Dec 31 2021, but presenting the Protocol to Parliament in Dec last year, the govt seemed committed to business adjusting to requirments on batch testing & import requirements. /3
🚨🚨NEW: rare Labour intervention on #brexit debate - Rachel Reeves @RachelReevesMP tells me in @FinancialTimes that “arrogant” Tory govt is “disturbingly relaxed” about hit to exporters/SMEs from new red tape as @OBR_UK spells out costs. Stay with me/1
@RachelReevesMP@FinancialTimes@OBR_UK So Labour have generally shied away from #brexit consequences debate -- politically too many minds are made up, so it's a lose-lose issue - but back in March, after Budget, Reeves wrote to OBR noting lack of impact assessment by @RishiSunak
of #Brexit /2
@RachelReevesMP@FinancialTimes@OBR_UK@RishiSunak The OBR chair Richard Hughes replied to Reeves on March 29, setting out in detail it's assessments to date on impacts of #Brexit - which it reckons at 0.5% short term to GDP in 2021 and 4% productivity hit over longer term (15 years) /3
🚨🚨🚨NEW: as #COVID19 lockdowns start to end Northern Ireland hospitality sector faces Brexit ‘trouble’ after suppliers told they can’t use supermarkets easements scheme - which begs some interesting Qs. Stay with me/1
The background to this comes as a) the UK and the EU try and agree a "road map" or "work programme" to get the Protocol moving again after another stand-off/EU legal action after UK unilaterally extended easements for GB businesses sending stuff to NI /2
And b) as NI prepares to chart its path out of lockdown, re-opening pubs/cafes/restaurants etc which the NI Executive is under growing pressure to do - BUT that means sharp up-tick in volumes of goods going to supply them /3
🚨🚨🚨🚨🏫🏫🏫🏫🚨🚨🚨🚨 NEW: The government is “clawing back” millions of £££ from the very same FE colleges that it wants to advance its new skills agenda - all for failing to run enough courses during #Covid_19 lockdown. It’s mad. 🤦♂️ Stay with me. /1
This one is a real head-scratcher - but earlier this month the @ESFAgov announced that Colleges that had not put on 90 per cent of course they'd promised would have to hand back cash to the @hmtreasury
from December, a so-called "clawback" /2
@ESFAgov@hmtreasury This is not new in itself...it's a way of retrospectively matching grants to output - *BUT* during #COVID19 its been impossible for a lot of Colleges to run courses - you can't teach welding or English to non-speakers via zoom...and yet colleges get penalised /3
🚨🚨☀️🌤🕶🏞🎸🎪🌤🕶🚨🚨NEW: just as you thought #COVID19 lockdown was ending and the Summer of Fun was beginning UK festivals & events are warning of cancellations unless government underwrites insurance - stay with me, this could become a thing/1
So what's the problem? Its that with a third wave in Europe the risks of putting on mega events is very high without cancellation insurance - in case, say, the govt reverts to 'max 30 gatherings for EG'. Lots of festivals are SOLD OUT, but that doesn't mean they'll go ahead. /2
How do we know this? Well, some are already cancelling - like the Belladrum Tartan Heart music festival - which specifically cited insurance issues, which is unavailable in the commercial market after $8bn losses in 2020 /3