Sam Coates Times @ samcoatestimes
David Davis declares the government economic service modelling on trade is wrong. "The best modelling in the world is wrong," he says when asked this.
On this basis, DD appears to reject the principle of economic modelling to inform government policy altogether.
He's talking at the commons brexit select committee.
Tbh since brexit has been taken over by the Cabinet office and May has sidelined Davis, I haven't been bothered to watch. Seems a waste of time.
Anyway, this has somehow been buried:
www.instituteforgovernment.org.uk/blog/capita-collapse-would-be-far-messier-carillion
Capita’s collapse would be far messier than Carillion’s
Yesterday Capita reported a £513 million annual loss, and now the company, one of the Government’s most favoured outsourcing providers, is planning to raise £701 million from shareholders.
This has drawn inevitable comparisons with the recent collapse of Carillion, which went into liquidation in January following the release of three profit warnings in the preceding six months. The Government has managed Carillion’s collapse with relatively little interruption to public contracts, continuing to pay staff working on them.
But if Capita was to fail, managing its collapse would not be as easy, and the damage would be significantly worse for government departments, local councils and the British public.