That incredible UK Free trade deal with Australia that will add perhaps 0.01% to GDP over 15 years, while destroying UK farming
ft.com/content/8c5f7a…
Fun fact a trade deal with New Zealand could actually reduce GDP by 0.01%
nzherald.co.nz/business/what-…
So in short the 0.1% added to GDP by the Australian deal will be wiped out by the 0.1% we lose in the NZ deal.
People asking "what's the point?" The point my friends is Brexit. There is no point.

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More from @Otto_English

19 May
The Australia-UK deal has no benefit to UK trade; it has nothing to do with sound economics, will in fact devastate British farming, won't benefit British consumers or the British people. It's not meant to. It's political. They NEED a Brexit win and they want you to fall for it.
It also plays to those romantic, frankly mad, Empire fantasies of the likes of Lord Hannan. His bonkers notion of a grand CANZUK alliance between Canada, Australia, New Zealand and the UK. Ladybird Libertarianism writ big
The truth is that nothing can replace our membership of the EU. It was good. It made sound economic sense and benefited us all. There's nothing that can replace it - however much Boris Johnson might waft chocolate Tim Tams about. That's why we joined in the first place.
Read 5 tweets
12 May
The Mandela Effect. Fake history, fake memory  and the curious case of C3PO's silver leg by me.
wp.me/p9bZ7t-13A
Also includes something I'm calling the Eric Morecambe Effect. All the right history, but not necessarily in the right order. Might need some work.
The Golden Wonder effect. Now realising that crisps were once very regional indeed.
Read 5 tweets
8 May
Sadiq Khan reelected Mayor of London after picking up 69% of votes in second round run off against Bailey
bbc.com/news/uk-englan…
#LondonElects
Laurence Fox - endorsed by Farage and Reform Party gets just 1.9% of the vote despite all that buzz and press. Image
And it's curtains for David Kurten formerly of the once mighty UKIPs. Image
Read 4 tweets
7 May
End of an era as Neil Hamilton - UKIP leader and former Tory MP just loses his seat in the Welsh Assembly. A humiliating 5.9% of the vote.
Sorry 5.09%
That's the death of UKIP. The party is officially a Norwegian blue.
Read 4 tweets
5 May
Untrue. The government has slashed spending on roads by £400 million leaving an estimated 8 million potholes on UK roads.

But you bought all the other lies so why not buy this?
In fairness the government has now declared it will try to fix the 10 million potholes that appeared and were left on its watch... but only by putting back the money they took out 5 years ago.
gov.uk/government/new…
Read 4 tweets
4 May
Bit by bit I'm walking the Green Chain walk with my son and it's an absolute eye opener. Yesterday we passed through Plumstead and discovered that there's a Neolithic barrow in the middle of Winn's Common.
ancientmonuments.uk/100286-burial-…
An hour or so earlier and we were at Abbott's Wood - a place I've driven through hundreds of times ... not knowing that there are the remains of an actual 12th c Abbey there that was destroyed during the dissolution
We walked for hours through woodland and felt like we were in a different part of the country altogether. I suppose the lesson is that even in suburban London there's this whole other world of history lurking just off the streets and byways.
Read 4 tweets

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