{"id":58300,"date":"2017-11-27T04:15:30","date_gmt":"2017-11-27T09:15:30","guid":{"rendered":"http:\/\/www.gayfriendschat.com\/socialblog\/the-waugh-zone-monday-november-27-2017\/"},"modified":"2017-11-27T04:15:30","modified_gmt":"2017-11-27T09:15:30","slug":"the-waugh-zone-monday-november-27-2017","status":"publish","type":"post","link":"https:\/\/www.gayfriendschat.com\/socialblog\/the-waugh-zone-monday-november-27-2017\/","title":{"rendered":"The Waugh Zone Monday November 27, 2017"},"content":{"rendered":"

The Waugh Zone Monday November 27, 2017<\/b><\/p>\n

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1. PHARMA CHAMELEON<\/strong><\/h1>\n<\/div>\n<\/div>\n
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After being pleased overall with the way the Budget landed, Theresa May will be hoping to once more regain control of the political narrative with today\u2019s publication of the Government\u2019s long-awaited \u2018Industrial Strategy\u2019. Some ministers worried that the rumoured Royal engagement of Prince Harry and Meghan Markle would knock the item off the news agenda and some media have downplayed it. But the FT has splashed Greg Clark\u2019s plans and so far this morning it has led the BBC news (possibly the first time in weeks the No10 \u2018grid\u2019 has actually worked out). The strategy will focus on four big areas of medical tech, artificial intelligence, driverless cars and clean energy.<\/p>\n

The good news for the Business Secretary (who is due to make a Commons statement today at 3.30pm) is the warm reception for the announcement that two big life science firms are Merck and Qiagen are\u00a0creating 1,700 jobs<\/a>\u00a0with nearly \u00a31bn in investment in London and Manchester. The message is that big pharma is coming back, after Pfizer\u2019S plans to close two UK sites last year. The bad news comes in the shape of falling investment in our car industry (the BBC says it \u2018fell off a cliff\u2019 in the past two years, Clark said it was \u2018very lumpy\u2019 and figures \u2018go up and down\u2019) amid uncertainty of the wider impact of Brexit.<\/p>\n

And on Brexit, Michael Heseltine told Radio 4 last night that the most obvious solution was \u2018to stop the Brexit initiative\u2019. Many, not just Tory MPs, will think that\u2019s politically na\u00efve and underlines how some \u2018Remoaners\u2019 just won\u2019t accept the referendum result. Yet some ex-Remainers hope Clark has repeated to Big Pharma the (alleged) private nods and winks that he gave to Nissan and others: that Brexit will be fine because in the medium term we would keep the same EU regulation and trade deals, as well as high-skilled immigration. The trick to dealing with business\u2019s chameleon-like approach to investment is self-interest. If the self-interest of firms, like Brussels, can be aligned with the Government\u2019s interest in delivering a \u2018smooth\u2019 exit from the EU (while not infuriating Leave voters), a path can be forged through the thicket.<\/p>\n

It\u2019s clear that the NHS\u2019s sheer buying power, plus our world class medical research, is a draw for overseas firms. And Hammond\u2019s 33% increase in R&D spending to \u00a312.5bn by 2021 will help tackle the productivity gap that undermined his growth forecasts that generated so much gloom last week. The wider issue is whether today\u2019s strategy will tackle what the Bank of England\u2019s Andy Haldane called \u2018the long tail\u2019 of UK firms, often based in our small towns, that have seen no rise in productivity for years. That\u2019s why localism is another key feature of the strategy today. A review of local enterprise partnerships is included in the document, but councils and businesses are expected to lead the way. Meanwhile, a new Northern Powerhouse Parliamentary group launches today. And Theresa May\u2019s U-turn on Manchester terror funding<\/a> at least halted another row not meant to be on \u2018the grid\u2019.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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2. THE BORROWERS<\/strong><\/h1>\n<\/div>\n<\/div>\n
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John McDonnell has spent days since the Budget arguing that Philip Hammond\u2019s biggest mistake was in not using record low interest rates for a \u2018borrow-to-invest\u2019 strategy. On Peston on Sunday, the Shadow Chancellor again refused to say how much he expected Labour to pay in interest payments under his plans. He did however seem to semi-apologise to Today\u2019s Mishal Husain, saying he was \u201csorry if people thought I was arrogant\u201d when accusing her of \u201ctrite journalism\u201d for asking the same question last week.<\/p>\n

The Tories have seized on the candour shown by Shadow International Trade Secretary Barry Gardiner, who told Marr yesterday that it would be \u201cfoolish\u201d to say Labour would clear the deficit by 2031. McDonnell\u2019s spokesman swiftly insisted however the party would stick to its manifesto pledge to clear the deficit within five years. \u00a0Labour MP Emma Dent Coad is not to be outdone in the candour stakes, laying bare what she really things of Theresa May by retweeting an image of the PM suggesting she is \u2018ugly\u2019 because she has \u2018ugly\u2019 thoughts. (She was citing Roald Dahl\u2019s The Twits, but as the Shaun Bailey row showed, quote marks don\u2019t absolve you from controversy).<\/p>\n

Under pressure from Labour, Channel 4\u2019s FactCheck has now amended a post criticising McDonnell for his claim on Today that the extra debt interest costs would be \u2018minimal\u2019 because of a \u2018one-to-one multiplier\u2019 that every pound spent on investment would result in a pound of extra GDP. One version of the piece has been cached\u00a0HERE<\/a>, the final amended version is\u00a0HERE<\/a>\u00a0(at one stage readers just saw THIS<\/a>). FactCheck\u2019s initial tweet said: \u201cIt seems the shadow chancellor doesn\u2019t understand some key elements of government finances\u201d. But it has now changed the piece \u2018in the interests of clarity\u2019. Labour has done some digging of its own, pointing out Osborne\u2019s planned \u201cGoogle tax\u201d aimed at multinational corporations will have raised \u00a3700m less than forecast by 2020-21. Hammond vowed a review of this whole area, but kept quiet about that little black hole.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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3. HEALTHY, STEALTHY AND WISE<\/strong><\/h1>\n<\/div>\n<\/div>\n
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This Thursday, NHS chief Simon Stevens and his colleagues are due to hold a meeting working out just where they start rationing treatment after the Budget\u2019s failure to give them enough money. One of the most extraordinary post-Budget stories came in\u00a0Saturday\u2019s Guardian<\/a>, which reported that the real reason the NHS got only \u00a32.8bn was because Stevens had gone public with his \u00a34bn demand. Philip Hammond viewed it as \u2018very, very unhelpful\u2019 and sources said he couldn\u2019t be seen to give in to \u2018overt public blackmail\u2019. \u201cIf Stevens hadn\u2019t intervened the NHS would have got more,\u201d one source familiar with the pre-Budget negotiations said.<\/p>\n

Now this is quite a claim. Did Hammond really deny the NHS funds in a fit of pique with Stevens? Or is this just convenient \u2018stealth scapegoating\u2019 when many suspected Hammond just wasn\u2019t going to ever give more funds than the \u00a32.8bn? Stevens was already irritated he\u2019d been kept out of private talks with the Treasury (Jeremy Hunt led for the NHS instead), so how could he be blamed for going public? Whatever the real reason, NHS England\u2019s board meeting this week could be very difficult politically for the Government.<\/p>\n

Two front page stories underline health cost pressures today. The Guardian reports that the General Medical Council believes patient safety is being put at risk because inexperienced trainee doctors are too often left in charge of A&E and other units. The\u00a0Mail splashes<\/a>\u00a0that some ambulance chiefs in England are cutting costs by sending technicians instead of paramedics to 155,000 of the most serious 999 calls<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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BECAUSE YOU\u2019VE READ THIS FAR…<\/strong><\/h1>\n<\/div>\n<\/div>\n
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Watch this New Zealand cop recruitment video<\/a> that\u2019s gone viral.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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4. THE IRISH QUESTION<\/strong><\/h1>\n<\/div>\n<\/div>\n
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It\u2019s taken some time but it\u2019s finally dawned on many people that the issue of the Northern Ireland border is pretty crucial to Brexit. On SkyNews\u2019 Sunday with Paterson,\u00a0Liam Fox dug in<\/a>, declaring \u201cWe can\u2019t get a final answer to the Irish question until we get an idea of the end state\u201d. Note that he said \u2018final\u2019 answer, so maybe there\u2019s an interim answer that will be cobbled together for the EU summit next month.<\/p>\n

It remains to be seen just how much Dublin wants to push this right now, given its veto and leverage, or will wait until later. With the DUP resisting an Ulster-only single market, and the Irish government demanding one, London is indeed in a difficult position. Damian Green (whose fate could yet ensure this is not a quiet week for the PM) and chief whip Julian Smith were at the DUP conference this weekend, in a symbolic show of support. What doesn\u2019t lower the temperature is Twitter chat<\/a> like this from\u00a0UKIP\u2019s Gerald Batten<\/a>: \u201cUK threatened by Ireland. A tiny country that relies on UK for its existence\u2026\u201d and \u201cIreland is like the weakest kid in the playground sucking up to the EU bullies.\u201d The backlash started last night and will continue today.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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5. CYBER MON<\/strong><\/h1>\n<\/div>\n<\/div>\n
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Those who have only a vague awareness of \u2018Black Friday\u2019 will be even less aware that today is \u2018Cyber Monday\u2019 (the day in the US when online retailers expect to do most business). But the phrase is given another twist in the Mirror\u2019s splash which reports state-sponsored Russian cyber units are spreading false information about flu and measles jabs in the UK. NHS chiefs have had emergency talks about the spread of the so-called \u201cfake news\u201d.<\/p>\n

Meanwhile, the Telegraph reports that National Security Adviser Mark Sedwill wants to boost cyber warfare funding rather than increase conventional armed forces. Defence Secretary Gavin Williamson has his first Defence Questions in the Commons today and he wants an extra \u00a32bn in cash. One of his predecessors, Liam Fox yesterday admitted there were \u2018tensions\u2019 within Government over a fresh round of planned cuts that could see marines, the Navy or fighter jets cut. The Times reported on Saturday that defence minister Tobias Ellwood was ready to quit if cuts went ahead.<\/p>\n<\/div>\n<\/div>\n

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SUNDAY SHOWS ROUND-UP<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Had a lie in? Got a life? Don\u2019t worry,\u00a0here\u2019s all you missed<\/a>\u00a0from the Sunday shows in one place.<\/p>\n<\/div>\n<\/div>\n

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If you\u2019re reading this on the web, sign-up\u00a0HERE<\/a><\/strong>\u00a0to get The Waugh Zone delivered to your inbox.<\/h2>\n

Got something you want to share? Please send any stories\/tips\/quotes\/pix\/plugs\/gossip to\u00a0Paul Waugh<\/a><\/strong>,\u00a0Ned Simons<\/a><\/strong>,\u00a0Kate Forrester<\/a>,\u00a0<\/strong>\u00a0R<\/a>achel Wearmouth<\/a>\u00a0<\/strong>and\u00a0Owen Bennett<\/a><\/strong>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\nwww.huffingtonpost.co.uk\/entry\/the-waugh-zone-monday-november-27-2017_uk_5a1bd04be4b0d4906cafbceb<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Waugh Zone Monday November 27, 2017 1. PHARMA CHAMELEON After being pleased overall with the way the Budget landed, Theresa May will be hoping to once more regain control of the political narrative with today\u2019s publication of the Government\u2019s long-awaited \u2018Industrial Strategy\u2019. Some ministers worried that the rumoured Royal engagement of Prince Harry and … Continue reading The Waugh Zone Monday November 27, 2017<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2466,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107],"tags":[],"class_list":["post-58300","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nThe Waugh Zone Monday November 27, 2017 - GAYFRIENDSCHAT.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gayfriendschat.com\/socialblog\/the-waugh-zone-monday-november-27-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Waugh Zone Monday November 27, 2017 - GAYFRIENDSCHAT.com\" \/>\n<meta property=\"og:description\" content=\"The Waugh Zone Monday November 27, 2017 1. 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