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Showing posts with the label U.K. history

Autumn Statement

On Wednesday, Britain's Chancellor of the Exchequer delivered what is known as the "Autumn statement" to the House of Commons. This is one of two economics-forecast statements each year. It was much anticipated. Parliament wanted to know what the government knows, or believes, about the consequences of Brexit. The Chancellor, and those who work under him at the Office for Budget Responsibility, haven't given many hostages to fortune in their statements, though. They assume that the UK will leave the European Union in April 2019. They guesstimate that the purely administrative costs of departure will amount to GB ₤ 412 million (around US$511 million). But on the critical issue of "passporting," they don't take a view. That is: in a "soft Brexit" scenario the banks headquartered in London will be able to negotiate for themselves or with the help of their government "passports" with the EU or constituent nations that will allow...

Neville Chamberlain

In the final season of Downton Abbey, we and the characters are living through the year 1925. The government was trying to make the hospital system in the country more rational and efficient, and to that end of Minister of Health tours around listening to ideas of experts and prominent non-experts alike. He comes to Downton Abbey in this capacity and we witness a dinner in his honor. The name of the health minister is Neville Chamberlain. To some extent, I think, the writers have taken a historical liberty here. Chamberlain was the Minister of Health at one point in the 1920s, but I believe by 1925 he had moved upward, becoming Chancellor of the Exchequer. Anyway, since his name became famous/notorious as a result of events late in his life/career, so if its a bit of fictional fudging, it's an understandable bit. At the dinner, two hospital-affiliated professionals with very different views on public health issues begin to argue in front of him. Chamberlain says, "I ...