Blog: Andrew Neil demolishes Project Fear warnings as pound surges against dollar – Daily Express

Brexit: Sigrid Kaag warns the ‘threats are even bigger’

Sign up to receive our rundown of the day’s

top stories

direct to your inbox

Invalid email

When you subscribe we will use the information you provide to send you these newsletters.
Sometimes they’ll include recommendations for other related newsletters or services we offer.
Our Privacy Notice explains more about how we use your data, and your rights.
You can unsubscribe at any time.

Sterling soared to 1.3954 against the US currency on Thursday, a huge increase of 0.7 percent. The UK currency also gained 0.3 percent against the euro, ending the day at €1.1554 and edging closer to a near year-long high. In his latest takedown of Project Fear warnings, Mr Neil wrote on Twitter: “The £ is nudging up close to $1.40 today.

“Not that long ago Goldman Sachs told us that Brexit meant £ was heading for parity with $.

“Wise financial heads nodded in agreement.”

Neil Jones, head of FX sales at Mizuho Bank, said the pound is benefiting from the fact that the currency market is already looking at a “post-COVID world”.

He said: “The pound is benefiting from its vaccine currency status.

brexit andrew neil

Brexit news: Andrew Neil has destroyed Project Fear warnings (Image: BBC / TWITTER)

“Expectations for a more rapid economic recovery are kicking into play.”

ING strategists said amid the improved forecast for the UK economy, the pound has proved to be the most resilient G10 currency against the US dollar.

They told clients in a note: “It is a matter of time when GBP/USD breaks above the 1.40 level.”


European Commission President Ursula von der Leyen

European Commission President Ursula von der Leyen (Image: Getty)

7.33am update: ’Time for counteroffensive’ French launch war on English language ‘completely crushed’

English should be replaced by French as the official language of the European Union, a French commentator has claimed, as he demanded a counter-offensive be launched.

French right-wing author and commentator Éric Zemmour told CNEWS this week he believes the English language has “crushed” French and called for a boycott of English in the EU post-Brexit.

Mr Zemmour argued that now the UK has left the Brussels bloc and only two countries remain in the EU with their first language as English, it is time to recall French as the EU’s official language.

6.50am update: Channel crossing: Border forces stop 70% of migrant attempts in post-Brexit crackdown

Border forces have prevented more than 70 percent of Channel crossings this year.

Boris Johnson’s Government has increased a post-Brexit crackdown on asylum claims to the UK. The new figures show a sharp contrast to the Anglo-French border forces efforts to prevent 55 percent of crossings last year.

In 2020, a record 8,410 migrants made the treacherous Channel crossing journey by small boats.

This was four times more than the 1,850 who made the journey in 2019.

5.40am update: Brexit victory: Truss hails ‘new chapter’ for Global Britain as £23bn trade deal secured

Brexit offers Britain a golden opportunity to forge an enduring, mutually beneficial partnership with India, International Trade Secretary Liz Truss has said.

And one analyst has said the £23billion trade deal which Mrs Truss signed off on during her recent Indian trip will help power Boris Johnson’s Global Britain vision – as well as helping the UK bounce back from the coronavirus pandemic.

Mrs Truss, MP for South West Suffolk, struck a confident tone during a comment piece from the Sunday Express in which she hailed the Enhanced Trade Partnership (ETP) as a “new chapter in the UK’s national story”.

4.40am update: We’re in charge now! Brexiteers sends EU warning over battle for City of London services

Britain no longer has to put up with Brussels’ attempts to bully it into submission, especially when it comes to the financial sector, the co-chairman of a new campaign group has said.

Speaking the day after the official launch of the CityUnited Project, Leigh Evans said with the UK no longer a member of the bloc, there was no reason to put up with the EU’s “bad behaviour”. And he stressed it was time for the nation to assert its sovereignty – while emphasising the City of London’s worldwide reputation.

Liz Truss

Liz Truss hails ‘new chapter’ for Global Britain as £23bn trade deal secured (Image: Getty)

3.40am update: Look after our OWN! Angry MEP explodes at anti-Brexit ‘revenge’ plot to fund Scottish kids

A Romanian MEP has warned his anti-Brexit colleagues to focus on funding Europeans instead of dishing out cash for Britons to participate in EU schemes.

Cristian Terhes, of the European Conservatives and Reformists group, said some in the European Parliament had let their “anti-Brexit agendas” get in the way of doing their real jobs.

His remarks come after more than 100 MEPs signed a letter calling for the European Commission to invite British students to participate in the EU’s Erasmus student exchange programme. Boris Johnson decided against rejoining the scheme after Brexit because the bloc’s offer did not good value for British taxpayers.

2.30am update: Joanna Lumley brilliantly pinpointed why UK voted Brexit: ‘Let’s get out!’

Joanna Lumley pinpointed the reason the UK voted for Brexit, admitting she understood why people “wanted to get out” of the EU.

The Absolutely Fabulous actress, 74, returns to TV screens tonight with her ITV show Joanna Lumley’s Home Sweet Home – Travels In My Own Land. The star, who is best known for her comedic roles, has also drawn a lot of attention for her campaign work.

Lumley has tried to raise awareness of the perils linked to climate change, the treatment of the Gurkhas and reunite the nation after Brexit.

1.10am update: EU crisis as one-third of UK shoppers stop buying EU exports since Brexit

More than a third of British consumers have stopped buying produce from EU countries since Brexit, a new survey has indicated.

And Brexiteer Sir John Redwood has said the results highlight precisely why the bloc needs to make it as simple as possible to get goods into the UK – instead of its current “curious” attitude.

The research, undertaken Censuswide for Eskenzi PR and Marketing, found of the 1,000 people surveyed living in the UK, 34 percent had stopped buying goods and services from the EU since the UK finally severed ties on December 31.

12.00am update: ‘Sturgeon rattled!’ Davidson tears into SNP over Salmond probe: ‘Must be hiding something’

Ruth Davidson has lashed out at the SNP’s “bizarre response” and claimed Nicola Sturgeon’s party is “rattled”, after a ruling body agreed to publish key evidence from Alex Salmond to the Holyrood inquiry.

On Thursday afternoon, the Scottish Parliamentary Corporate Body (SPCB) ruled a written submission from former Scottish first minister Alex Salmond, where he claims Nicola Sturgeon broke the ministerial code, can be published. The Holyrood committee is investigating the Scottish Government’s botched handling of harassment complaints made against Mr Salmond in 2018. A Court of Session in Edinburgh found the investigation had been unlawful and “tainted by apparent bias”, and Mr Salmond was awarded £512,000 in legal expenses.

9.40pm update: Buy BRITISH! John Redwood getting delivery of Cornish fish this week

Brexiteer Sir John Redwood has continued his push for people to buy British after revealing he is waiting for a delivery of Cornish fish as “some supermarkets are still not offering enough UK produce”.

Earlier this week, a new survey indicated a third of British consumers have stopped buying produce from EU countries since Brexit.

Sir John said the results of that survey emphasised exactly why the bloc needs to make it as simple as possible to get goods into the UK – instead of its current “curious” attitude.

The research, undertaken Censuswide for Eskenzi PR and Marketing quizzing 1,000 people living in the UK, found 34 percent had stopped buying goods and services from the EU since the UK finally severed all ties from the bloc following the end of the Brexit transition period on December 31.

Now Brexiteer Sir John has taken to Twitter to reveal he is awaiting an order of Cornish fish he made online to be delivered, while taking a swipe at the lack of fresh UK produce currently available in supermarkets.

He wrote: “Getting a delivery of Cornish fish this week from an internet order as some supermarkets still not offering enough UK fresh produce.”

8.45pm update: No chance! Deluded Lord Adonis demands UK rejoin EU customs union and single market

Lord Adonis has called for the UK to rejoin the EU’s customs union and single market as he took a swipe at Sir Keir Starmer’s coronavirus recovery plans.

The pro-EU peer took to Twitter after the Labour leader announced he would introduce recovery bonds in the wake of the pandemic.

Lord Adonis insisted the best way to boost Britain would be to rejoin the single market and customs union – despite the UK only cutting ties with the bloc at the end of the year.

The Labour peer tweeted: “The best ‘British Recovery Bond’ would be to rejoin the European Customs Union and Single Market – to boost our trade and cut prices.

“Not a good idea to issue bonds which simply drive up the government’s cost of borrowing, forcing taxes even higher.”

brexit lord adonis

Brexit news: Lord Adonis has called on the UK to rejoin the EU’s Customs Union and Single Market (Image: @Andrew_Adonis / Twitter)

8.05pm update: SNP splintering: Sturgeon crisis as own MPs still cant decide best way to get independence

The SNP is facing a new crisis after one of its own MPs argued the campaign for Scottish independence must be separated from the party itself, in the latest sign of divisions threatening Nicola Sturgeon’s second referendum hopes.

Kenny MacAskill, the MP for East Lothian and who served as Cabinet Secretary for Justice from 2007 to 2014, said many potential voters “are neither in a party nor want to be”.

He has called for other groups supporting Scottish independence to be “respected not directed” if a second referendum on a split from the rest of the UK does eventually take place.

Nationalists throughout Scotland continue to be split over the best way to deliver independence.

Some are demanding a second referendum on the issue to be held this year, but senior SNP members reportedly see this as an unlikely option.

The referendum campaign from 2014 saw Yes Scotland formed as an umbrella group for supporters throwing their weight behind a split from the rest of the UK.

The group was chaired by former Labour MP Dennis Canavan but relied predominantly on the SNP for finance and organisational capacity.

This led to Yes Scotland being branded as an “SNP front” by unionist parties, and now Mr MacAskill is calling for the new Yes campaign to be broader in scope than what was seen during the first referendum nearly seven years ago.

7.20pm update: ‘Would be easier with the Brits!’ France takes swipe at Merkel as EU unity crumbles

Emmanuel Macron and Angela Merkel are locking horns over the development of a joint fighter jet, sparking bitter discussions between rival officials – with one saying talks would be better with the UK due to “the same military culture”.

Costing more than 100 billion euros, the Future Combat Air System (FCAS) brings together Germany, France and Spain to forge an array of weapons amid deepening European defence cooperation.

Dassault Aviation, Airbus and Indra are involved in the scheme to start replacing France’s Rafale and German and Spanish Eurofighters from 2040.

The German Chancellor and French President kicked off the ambitious venture in 2017, when the EU was rattled by Britain’s decision to leave the bloc and deeply divided over other issues such as the migrant crisis.

But some sources close to the project have warned the plans have become tangled in suspicion and divergences between Berlin and Paris.

A senior French parliamentarian expressed doubts about the project’s viability, citing political constraints including Berlin’s refusal to participate in combat operations abroad.

They said: “To be honest, it would be a lot easier for us to work with Britain because we share the same military culture.”

Brexit timeline

Brexit timeline (Image: Express)

6pm update: Andrew Neil dismantles Scottish independence group’s ‘Trump-style lies’ as new row erupts

Andrew Neil has launched a scathing attack after branding a new claim from a Scottish independence group as “a lie of Trumpian proportions” as a new row erupted with nationalists over Scotland’s proposed split from the rest of the UK.

He has launched another scathing attack against a pro-independence group, lashing out at a claim they made on Twitter.

Now Scotland posted a map of the UK showing the routes for the high-speed rail link with lines connecting London, Birmingham, Leeds, Crewe and Manchester.

This map of the UK includes the text: “Scots are paying billions for HS2.

“In an independent Scotland, what would you spend that money on?”

Now Scotland accompanied this with a caption on Twitter that says: “What would YOU spend billions on, once Scotland is independent?”

But a furious Mr Neil hit back: “A lie of Trumpian proportions.

“Scots are paying nothing for HS2.

“Trump-style disinformation/lies now becoming a regular hallmark of such propaganda.”

4.30pm update: EU committed to ‘pragmatic solutions’ to NI trade problems

European Commission vice president Maros Sefcovic has said he is committed to finding “pragmatic solutions” to problems traders in Northern Ireland have faced after Brexit.

Additional paperwork and checks are now required under the protocol aimed at avoiding a hard border on the island of Ireland, but that has restricted the movement of some goods entering Great Britain.

Mr Sefcovic said: “Constructive meetings with business and civic society in Northern Ireland on challenges they face on the ground.

“They will help guide Joint Committee work.

“Together with Michael Gove, I am committed to the proper implementation of Ireland/Northern Ireland Protocol and finding pragmatic solutions.”

brexit maros sefcovic

Brexit news: Maros Sefcovic committed to finding ‘pragmatic solutions’ to NI trade problems (Image: @MarosSefcovic / Twitter)

3.22pm update: Scottish Parliament told hauliers have become their own customs agents following Brexit

MSPs have been told Brexit has seen hauliers become their own customs agents” due to shortages.

Martin Reid, the Scotland and Northern Ireland director for the Road Haulage Association (RHA), was appearing before the Culture, Tourism, Europe and External Affairs Committee at Holyrood, Martin Reid.

He said members of the RHA had been forced to recruit and train administrative staff because of a lack of qualified customs officers able to help exports move swiftly.

In the days following the end of the Brexit transition period on December 31, lorries queued for miles because of customs problems.

Mr Reid told MSPs: “There’s a lack of qualified customs agents, something that the Government deny.

“But we have seen that is definitely the case, so hauliers are now having to become their own customs clerks.

“They’re having to take on admin people, train them up on systems that are still in their infancy and that we’re still learning in order to deal with the additional paperwork that’s required.

“Nobody is saying that it’s an easy time for the Government but it’s not an easy time for anyone in this current environment.”

3pm update: Sefcovic and Gove hold talks with traders on issues related to Northern Ireland Protocol

European Commission vice president Maros Sefcovic and Cabinet Office minister Michael Gove have held virtual talks with trader on issues associated with the Northern Ireland Protocol.

Following those discussions, director of the Northern Ireland Retail Consortium Aodhan Connolly said: “This was an important meeting but it must be the start of a comprehensive dialogue including the establishment of a business consultative body to ensure the EU and UK can hear business concerns and use the expertise of the NI business community in finding solutions to the challenges we face.”

Mr Connolly said the April 1 grace period deadline, which limits the amount of red tape needed under the Protocol, could pile “unprecedented pressure” on supply chains.

He added: “The business community has proven that it will use best endeavours to make things work,” said Mr Connolly.

“We now need the EU and the UK to show that they have the political will to live up to their side of the bargain.”

brexit michael gove

Brexit news: Michael Gove held virtual talks with European Commission vice president Maros Sefcovic (Image: GETTY)

Paul Withers taking over live reporting from Steven Brown.

2.55pm update: French leader’s ‘preposterous’ plan to make UK and France one country before Brexit

Brexit has seen tensions between France and the UK soar in recent years making it hard to believe that one figure in Paris suggested the country unite with Britain.

The EU imposed a ban on shellfish imports from the UK this month, telling British fishermen they are barred indefinitely from selling live mussels, oysters, clams and cockles to the bloc.

Jersey is also at the centre of a fishing dispute – the Channel Island granted French boats temporary licences to fish in its waters after pressure from both Paris and Brussels.

The Brexit trade deal talks also provoked concern as French President Emmanuel Macron threatened to block an agreement being reached.

Relations between the UK and France haven’t always been this fraught however, as one French leader suggested his country could unite with Britain forming “Frangleterre”.

Prime Minister Boris Johnson

Prime Minister Boris Johnson (Image: Getty)

2.35pm update: Boris Johnson rewards Brexit talks chief Lord Frost with Cabinet role

Boris Johnson has rewarded his top Brexit negotiator with a place in the Cabinet. Lord Frost, who led the talks on Britain’s departure from the EU and its future trading relationship, will help ministers “maximise the opportunities” of quitting the bloc.

The peer will also have the job of resolving the disruption in Northern Ireland caused by rule changes.

He will take up his ministerial role at the Cabinet Office next month.

It comes after the Prime Minister decided to put the former ambassador in charge of a new international policy unit in No10, instead of taking over as National Security Adviser.

2.15pm update: Brexit coup: Switzerland welcomed ‘giant’ UK to ‘take on the EU’

Brexit will enable the “giant” UK to join forces with Switzerland as the country’s media claimed “we will never again be alone against the EU”.

Brexit was greeted with mixed feelings across Europe as many EU leaders expressed concern over the impact of an imminent UK departure.

This was seen during Brexit trade talks, as member states urged London and Brussels to come to a deal to avoid turbulence on both a political and economic front.

However, other European countries, such as Switzerland, watched the negotiations closely.

The country is outside of the EU, and embroiled in its own tense negotiations with Brussels over a partnership agreement.

Frexit campaigner Charles-Henri Gallois

Frexit campaigner Charles-Henri Gallois (Image: Twitter)

1.35pm update: EU humiliation: Morocco beats bloc on vaccines…despite rollout starting three weeks ago

The European Union has been shamed by Frexit campaigner Charles-Henri Gallois after he posted a list of countries across the world that are doing better than the bloc with their vaccination campaigns.

The Generation Frexit leader humiliated the Brussels bloc as he blasted its failed efforts to ensure Europeans are swiftly receiving coronavirus vaccines.

Posting on Twitter, Mr Gallois pointed out Morocco, which started its vaccination strategy three weeks ago, is already ahead of the EU.

12.30pm update: EU’s ‘morally reprehensible’ vaccine move sparks fears of international crisis

The EU’s “morally reprehensible” vaccine move sets the tone for everybody else, Boris Johnson’s trade adviser has told Express.co.uk, sparking fears of an international health crisis.

At the end of last month, the European Commission decided to temporarily restrict exports of vaccines produced in the EU after a dispute with AstraZeneca about supplies to member states.

The Commission claimed it had invested in the development process and was concerned about the way some manufacturers were handling orders.

The move came after AstraZeneca told Brussels it would not have been able to supply as many jabs as expected to EU countries in the immediate term.

French President Emmanuel Macron

French President Emmanuel Macron (Image: European Union)

12.15pm update: EU ‘expansionist’ agenda sparks war fears as bloc urged to step away from army plans

The European Union’s “expansionist” agenda has sparked war fears among experts as one said the bloc’s foreign policy is a “source of worry”.

Since 2016 the European Union has taken significant steps to increase EU security and defence cooperative efforts.

But Robert Oulds, Director of the Bruges Group, claimed the bloc has adopted an agenda aimed at the expansion of its borders.

Speaking to Narcissi, he said: “To give that organisation a military capability as they’ve already got to a small degree is actually worrying and it is an expansionist organisation that wants to push its borders out.”

11.35am update: Restart Brexit talks! Dominic Grieve demands Boris change EU agreement over security fears

Tory Remainers have demanded Boris Johnson reopen Brexit negotiations with Brussels, accusing his EU trade deal of leaving the UK “less safe and less secure”.

A report by the Conservative European Forum (CEF) lambasts the Prime Minister for “not being ambitious enough”.

The group, led by former Cabinet ministers Sir David Lidington and Dominic Grieve, says the decision to leave the European Arrest Warrant has put Brits at risk.

Labour leader Sir Keir Starmer

Labour leader Sir Keir Starmer (Image: PA)

11.16am update: Keir Starmer speech LIVE: Labour’s plan to topple Boris – as Rejoiner warns of Brexit snub

Sir Keir Starmer is hoping to reboot his leadership with a major speech giving the first indications of what life under a Labour government would look like.

Sir Keir has been coming under mounting presser from his members and backbench MPs after flailing in the polls.

Recent surveys have put the Tories ahead of Labour despite more than 100,000 people dying due to the coronavirus pandemic.

11.10am update: ‘France on knees before EU empire!’ Frexit fury as Macron pleads with Merkel over borders

Emmanuel Macron’s desperate bid to avoid border closures between France and Germany has sparked the furious reaction of a Frexit campaigner.

French health minister Olivier Véran and the Secretary of State for European Affairs, Clément Beaune, will today publish a press release written in French and German, aimed at explaining the current spread of coronavirus cases in the Grand-Est.

To avoid any unilateral closure that would take the inhabitants of the region by surprise, including 50,000 border residents who cross the Rhine every day to go to work, the two members of Emmanuel Macron’s government are considering an extremely rare initiative.

US President Joe Biden

US President Joe Biden (Image: Getty)

10.40am update: Joe Biden shamed by furious Britons over CPTPP row – ‘He does NOT rule the world!’

Joe Biden has been attacked by furious Britons over claims the US president is reluctant to join the UK in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).

Earlier this month, the UK applied to join the CPTPP on the first anniversary of Britain’s official departure from the EU. However, former Washington aide and commentator Peter Rough warned the US was unlikely to join the deal – dealing a blow to Boris Johnson’s hopes of a quick US trade deal and closer relationship.

Express.co.uk readers have hit out at Mr Biden in response, saying an American snub would not impact Britain’s trade dealings.

10.20am update: ‘Designed in Britain, engineered in Britain, built in Britain!’ Tice hails new Nissan cars

A top Brexiteer has celebrated “Brexit brilliance” after Nissan unveiled a new range of its Qashqai cars, which are being designed, engineered and built in Britain.

Nissan employs 6,000 people in its Sunderland plant, the largest car factory in UK history.

After Boris Johnson’s new EU trade deal was announced, the Japanese company vowed to continue mass manufacturing vehicles in Britain.

German Chancellor Angela Merkel

German Chancellor Angela Merkel (Image: Getty)

9.30am update: ‘Would be easier with the Brits!’ France takes swipe at Merkel as EU unity crumbles

Emmanuel Macron and Angela Merkel are locking horns over the development of a joint fighter jet, sparking bitter discussions between rival officials – with one saying talks would be better with the UK due to “the same military culture”.

Costing more than 100 billion euros, the Future Combat Air System (FCAS) brings together Germany, France and Spain to forge an array of weapons amid deepening European defence cooperation.

Dassault Aviation, Airbus and Indra are involved in the scheme to start replacing France’s Rafale and German and Spanish Eurofighters from 2040.

9.20am update: They just don’t get it! Deluded SNP demand Erasmus return – despite humiliating EU snub

The SNP have demanded permission to rejoin the Erasmus scheme, despite the EU’s humiliating refusal.

Scotland’s Constitution Secretary Mike Russell argued the devolved nations “were not told the truth” about Brexit by the Government and said Scotland should try to rejoin the student-exchange scheme.

Speaking to Holyrood’s Finance and Constitution Committee yesterday, Mr Russell said: “Let’s not give up.

SNP politician Mike Russell

SNP politician Mike Russell (Image: Getty)

8.50am update: Finally! Boris Johnson to SCRAP Brussels aid rules and put British businesses first

Strict EU rules limiting state aid for business are finally being ditched to enable the Government to offer more support to companies left crippled by the coronavirus pandemic.

Department of Business officials are exploring proposals to ease caps on cash that firms forced to shut up shop during extended periods of lockdown can claim.

The restrictions were imposed by the European Commission at the height of the coronavirus crisis last year and the UK was forced to comply under the terms of the Brexit transition period.

8.40am update: Petty Rejoiners MOCK Brexit as Lord Frost given top role – ‘Thought Brexit was done?’

Anti-Brexit activists have mocked the UK’s EU departure after Lord David Frost was appointed Minister for Britain’s future relations with Brussels.

Lord Frost led the UK’s successful Brexit negotiating team with the EU which resulted in Boris Johnson’s new trade agreement at the end of December.

Mr Johnson has now promoted Lord Frost to his cabinet and made him responsible for charting Britain’s future relations with the EU.

David Frost mocked for given top role

David Frost mocked for given top role (Image: Getty)

8am update: Ursula von der Leyen savaged over ’diplomatic disaster’ amid vaccine rollout ‘fiasco’

Ursula von der Leyen has been accused of orchestrating a “diplomatic disaster” after she triggered Article 16 of the Northern Ireland protocol, which was only supposed to be invoked in the face of “serious” problems.

Guy Verhofstadt, the senior liberal MEP, hit out at the EU chief over the bloc’s vaccines “fiasco” amid a new export approval that “burdens” the jab rollout.

According to the Times, he also hit out at Ms von der Leyen for pushing to create a hard Irish border last month, putting a strain on diplomatic ties with Britain.

7.55am update: Angela Merkel nightmare: Business leaders blast Chancellor as Covid chokes economy

Angela Merkel’s Government has been blasted by business leaders and trade groups as coronavirus continues to choke the economy, demanding an “opening strategy immediately”.

Germany suffered its largest economic contraction since 2009 last year due to the coronavirus pandemic, with gross domestic product shrinking by six percent.

Industry leaders are now calling on Ms Merkel to publish a strategy allowing pandemic restrictions to lift to help boost the economy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s