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The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.
The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.
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Bruges Group Blog

Spearheading the intellectual battle against the EU. And for new thinking in international affairs.

The Cost of Lockdown and Then What We Do Next

Boris-Whitty-and-Valance
Lockdown has absolutely crippled the economy and what for? We have a similar death rate to Sweden which never locked down, the average age of death from COVID in the UK is 82.4 when the average age of death for the UK as a whole is only 81.2. Not only that, what I would like to see published is the death rates from other illnesses such as cancer, h...
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  880 Hits

The power of the City is a double-edged sword, but it is yet to be respected

The power of the City is a double-edged sword, but it is yet to be respected The City of London
Samuel Johnson famously said, 'when a man is tired of London, he is tired of life'. However, unlike S.Johnson, it seems that B.Johnson has succumbed to this, in light of the lack of news surrounding the future of our greatest financial asset, the City of London. Whilst the recent focus has been perpetually on State Aid and fishing rights, the City ...
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  12 Hits

Busting the Food Price Myth in a No Deal Brexit

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By Catherine McBride  On Friday the BBC headline news included an item entitled: Shoppers could pay more after no-deal Brexit. The story was planted by the British Retail Consortium (BRC) who said that tariffs would add £3.1bn a year to the cost of importing food and drink unless the UK and the EU can strike a free trade agreement. This was a ...
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  462 Hits

The Alternative to Tax Rises - A Recovery Plan for Britain

Boris-and-Rishi
As reported in The Sunday Telegraph last week, and again today, some Treasury officials have been flirting with the idea of tax increases to foot the bill for the COVID measures put in place and for the lockdown that the left and media were so desperately pressuring for. However, according to several media sources, Number 10, Boris Johnson and Domi...
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  1537 Hits

Why Those Who Believe in the Free Market Should Support 'Defund The BBC'

Defund-the-BBC
The Defund The BBC campaign launched last month with the aim of decriminalising failure to pay the TV licence fee by the end of 2020 and reducing its remit to cover BBC content only, rather than all Live channels. The campaign has enabled a much-needed debate about the BBC's role in modern Britain and, should it succeed, we can expect to see a much...
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  2199 Hits

The Need for an Income Tax Rate and Corporate Tax Rate Cut

Reagan-and-Kennedy
Professor Patrick Minford and The Bruges Group are rightly calling to: Cut corporation tax by 10%: £32 billionAbolish the very top additional 5% rate: £1 billionCut the top rate of income tax to 30%: £15 billion.Cut the standard rate of income tax by 5%: £28 billion. The history of tax cuts in the United States demonstrates why these proposals will...
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  664 Hits

Margaret Thatcher - The Heroine of Brexit

Thatcher-and-the-EU
Margaret Thatcher's Bruges Speech to the College of Europe in September 1988 - YouTube https://www.youtube.com/watch?v=rqv8HF84EOs&t=1s The Bruges Group was set up in 1989 in honour of one speech, a now landmark address made by our then Prime Minister Margaret Thatcher to the College of Europe on 20th September 1988 on the 'Future of Europe'. L...
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  3193 Hits

Sir Geoffrey Howe: A Revolutionary Thatcherite Chancellor

Sir-Geoffrey-Howe
During this pandemic, I felt it would be the perfect opportunity to take a closer look to the careers of some political giants who don't always get the recognition or remembrance they deserve. One of my greatest interests is political history and every Friday I will publish an article outlining the career and some interesting facts about some polit...
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  1456 Hits

Willie Whitelaw: Every Prime Minister Needs a Willie - Maggie's Loyalist Minister

Willie-Whitelaw-and-Thatcher
During these awful and bleak times, I felt it would be the perfect opportunity to take a closer look to the careers of some political giants who don't always get the recognition or remembrance they deserve. One of my greatest interests is political history and every Friday I shall publish an article outlining the career and some interesting fa...
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  2882 Hits

Cecil Parkinson: Maggie's Political Soulmate

Cecil-Parkinson-and-Thatcher
During these awful and bleak times, I felt it would be the perfect opportunity to take a closer look to the careers of some political giants who don't get the recognition or remembrance they deserve. One of my greatest interests is political history and every Friday I shall publish an article outlining the career and some interesting facts about so...
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  2296 Hits

Prof. Tim Congdon: 2020 Could See the Highest Peacetime US Money Growth

Prof-Congdon
​Institute of International Monetary Research Analysis Professor Tim Congdon CBE is a member of The Bruges Group Academic Advisory Council  A lot of interest has been drawn from my recent emails to my fellow macroeconomists and monetary analysts where I pointed out that bank deposits at US commercial banks soared in the fortnight to ...
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  815 Hits

Sir Keith Joseph: The Architect of Thatcherism

Sir-Keith-Joseph-and-Margaret-Thatcher
During these awful and bleak times, I felt it would be the perfect opportunity to take a closer look to the careers of some political giants who don't get the recognition or remembrance they deserve. One of my greatest interests is political history and every Friday I shall publish an article outlining the career and some interesting facts about so...
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  2541 Hits

In Remembrance of Our Greatest Peacetime Leader Margaret Thatcher: 13th October 1925 - 8th April 2013

Margaret-Thatcher-Union-Jack
Margaret Thatcher's Bruges Speech, 1988 on The Bruges Group YouTube channel https://www.youtube.com/watch?v=rqv8HF84EOs Today marks the death of our greatest peacetime leader, Margaret Thatcher, a woman who defined British politics for more than a generation. Elected as the first female leader of any major political party in the UK in 1975, su...
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  2760 Hits

A People's Budget By a People's Government

Rishi-Sunak
Last Wednesday, the Chancellor of the Exchequer, Rishi Sunak, celebrated 28 days in Number 11, following Sajid Javid's resignation, by presenting his budget to the House. This budget delivered by the Richmond MP is arguably the most favourable budget since the days of Nigel Lawson standing at the dispatch box outlining his financial forecasts and s...
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  1315 Hits

Post Brexit Priorities

Government
Boris Johnson and the Conservatives winning a more than impressive 365 seats last December, it gives the PM a working majority, something we haven't seen since the close of the Blair/Brown era.It is fair to say that the next step of Brexit will soon be taken; having left the EU further delays for implementation legislation were not tolerated. But w...
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  2624 Hits

Communitarianism and the Suprastate

Reagan-and-Thatcher
"I wish it need not have happened in my time," said Frodo. "So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us." JRR Tolkien. Although the bunting is out for Brexit in the wake of a resounding victory of a Conservative Government, ...
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  1366 Hits

Statement from Barry Legg, Chairman of The Bruges Group on the Withdrawal Agreement

mayandboris
The Bruges Group is opposed to the acceptance by Parliament of the Withdrawal Agreement and Political Declaration which has been released today. The Bruges Group has always put the highest priority in maintaining the integrity of the United Kingdom. This agreement provides for a different status for Northern Ireland and therefore has the potential ...
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Recent Comments
Guest — Will Podmore
Quite right, thank you.
Friday, 18 October 2019 13:35
Guest — Adam Hiley
if Boris Johnson tries to sneak in Theresa May's nonsensical Withdrawal Deal He will deserve to be thrashed at the inevitable Gene... Read More
Friday, 18 October 2019 20:17
Guest — Heather
So why is Bill Cash saying they will vote for it, very confused?
Saturday, 19 October 2019 19:57
  6066 Hits

The Brexit Speeches

Brexit-Speeches
PDF to Full Speeches   The following article and above PDF are speeches by Richard Tice MEP for the Brexit Party and also property businessman; Swedish-British billionaire businessman Johan Eliasch who is CEO of sportswear giant Head; Sir John Nott the former Secretary of State for Trade and Industry then Defence under Margaret Thatcher; ...
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Recent Comments
Guest — Peter Railton
An excellent series that identifies the real mirage of European integration, but can't we also refer to the demolition of our Moto... Read More
Saturday, 27 July 2019 12:26
  2920 Hits

The Brexit Game Changer – Import Excess Tax

 A policy model for a clean Brexit - no queues at Dover, no Irish hard border Membership of the EU Customs Union and the (largely contrived) Irish border issue are once more on the front pages. After success in the Lords, Remainers smell blood and are slavering at the prospect of defeating the Government in forthcoming Commons votes. Given thi...
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Recent Comments
Guest — M Bailey
Do you think it’s possible for any of our politicians to grasp such a sensible concept and then negotiate it? In any case there do... Read More
Sunday, 02 September 2018 12:37
  5352 Hits

Brexit: the end to austerity

Unlocking the benefits of leaving the EU

By Bob Lyddon

Bob is the author of The UK’s liabilities to the financial mechanisms of the European Union for the Bruges Group, and the Brexit Papers for Global Britain – www.brexitpapers.uk

23rd June 2017
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The current Government led by Theresa May has noticeably failed to bake any “Brexit dividend” into its policies for the coming 5-year Parliament. This is concerning because it may indicate either that they have not yet figured out the sources and extent of the financial benefits from Brexit, or that they are not going to pursue the negotiations with the EU in order to garner them, or both.

 

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Recent Comments
Guest — Brian Coyle
How do you arrive at your figures of £961m per day?? That's almost £7b per week/£364b per annum. The 'guideline financial benefit'... Read More
Sunday, 25 June 2017 16:57
Guest — Terry Howard
A link to this research which shows that EU migrants in the UK cost a net £10,000 per annum per head please?
Sunday, 25 June 2017 18:14
Robert Oulds
Per week
Monday, 26 June 2017 13:54
  15191 Hits

Brexit: UK now able to tackle tax havens

The EU is a dysfunctional organisation in the area of corporate tax

17th December 2016
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Summary

The EU is a dysfunctional organisation in the area of corporate taxes because:

 

1.      the EU Commission is not able to prevent EU countries such as Ireland, Belgium and Luxembourg operating as tax havens (this is because member states have not conferred legislative competence on the EU over direct taxation), and

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Recent Comments
Guest — Darc
You've got it the wrong way round. The EU has been going after tax evaders, just look at the news. Comapny after company is being ... Read More
Tuesday, 03 January 2017 12:37
Guest — Darc
To add to the previous post, my work in civil service does not overlap with my political opinions. I ensure that in that capacity ... Read More
Tuesday, 03 January 2017 12:39
Robert Oulds
Thanks for your comment. You can see below a series of articles that show how the ECJ has continually been making decisions that a... Read More
Tuesday, 03 January 2017 19:56
  5426 Hits

EU tax law creating £55 billion black hole in UK finances

HMRC has set aside £55 billion to cover the potential cost of payments, including interest, which the European Court of Justice will force upon the British taxpayer.

3rd December 2016
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EU law and direct taxes

The UK, in common with other EU member states, has not conferred any authority on the EU for direct taxes.  The Court of Justice of the European Union (CJEU) assumed this authority in the late 1990s by adopting a more expansive interpretation of the fundamental freedoms.


The staggering cost of EU law tax litigation
One of the consequences of being a member of the EU is that EU law is superior to English law.   Large UK based companies are, therefore, able to use EU law, and EU courts, to retrospectively challenge the legality of the tax laws enacted by Parliament.   This is highly profitable form of activity for large UK companies and their advisors, which is costing the UK Government tens of billions.  When UK companies challenge the legality of the UK’s tax laws under EU law they know they are “knocking at an open door”, because the CJEU is keen to expand its authority over Member States under the guise of “ironing out inefficiencies” in the operation of the single market. 


HMRC has set aside £55bn to cover the potential cost of the litigation in which it is involved.  There are two reasons why this figure is so large.  First in a number of cases involving EU law, UK companies are able to reclaim corporate taxes, dating as far back as 1973.  Second, EU law requires the UK Government to pay compound interest on these claims.  In the Littlewoods case, a claim of £208m, covering the period from 1973 to 2004, cost the Exchequer £1.2bn when compound interest was included.  The UK Government had previously estimated that the Franked Investment Income case (C-362/12) would cost £5-7bn.  However, this case could easily cost the Exchequer £30bn when compound interest is included, as it covers the period from 1973 to 1999.

 

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  5842 Hits

Tax Reform - Post-Brexit

Tax simplification for Brexit

Flat taxes to drive economic growth

Sir David Roche
9th November 2016
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The sole aim of Tax Reform is to get in more taxes.

 

The UK is running a large deficit between what it receive in taxes and what it spends on services. Albeit money is cheap, it cannot go on for ever. With money so cheap it is an ideal time to make changes.

 

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  4934 Hits
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