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Re: Brexit
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Re: Brexit
Key quote from May’s Downing Street announcement:
“In a historic vote in 2016 the country decided to leave the EU, in 2017, 80% of people voted for parties that stood on manifestos promising to respect that result.” She seems to be co-opting the 2017 election result as a further reason not to hold a second referendum or to otherwise delay Art.50. As far as she’s concerned, we’re leaving on 29 March. As Noel Edmonds might day, Deal or No Deal. |
Re: Brexit
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Re: Brexit
looks like as she talking to other parties a softer Brexit will now be done as all other parties wont allow a no deal brexit
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Re: Brexit
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2. Other parties have no power to dictate a new Brexit deal, because there is no agreement in Parliament for anything at all. 3. Government still controls Parliament and can (and will) deny it enough time to pass the primary legislation that would be required to extend or cancel Art.50. |
Re: Brexit
I think May genuinely believes it's her duty to see out Brexit and respect the referendum so anything short of that would be forced on her by circumstance. I also think she strongly believes no deal is a disaster and a failure on her part.
I really don't know what's going to happen! It comes down to Parliament in the end. As I said before I think her deal with a customs union or some variant of EEA/EFTA will be what we leave with. I think a referendum is off the cards personally. |
Re: Brexit
William Hill reckons an extension of Article 50 is the most likely.
William Hill odds for 30/3/19 Article 50 still in place, i.e. extended 1/4 Article 50 revoked 16/1 Left EU with a deal 6/1 Left EU without a deal 6/1 http://sports.williamhill.com/bet/en...arch+2019.html |
Re: Brexit
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Whatever she comes back from Brussels with is only going to be the same deal with an infinitesimal improvement on the backstop clause - which will almost certainly still get voted down, unless the mood in the country and the economy had poisoned sufficiently by that point to persuade the rebel Tories and the DUP to get on board. The chances of a No Deal exit have increased massively tonight. |
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I think this is her last act in politics anyway. The Tories can't get rid of her so Parliament is all she has to worry about. The closer we get to no deal, the more pressure there will be to pass something. |
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The pattern and format of EU financial support for struggling eurozone economies is of course well known. Ask anyone in Greece or Italy exactly how poisoned a chalice it is. And, even assuming both those things happen, they won’t happen very quickly. If we leave with no deal Dublin is going to be in a flat panic, make no mistake. |
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Italy and Greece have economic and political structural issues that even the most ardent Eurosceptic would have difficulty blaming on the EU. The EU can move quickly if it needs to. ---------- Post added at 22:56 ---------- Previous post was at 22:54 ---------- Quote:
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Re: Brexit
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They need a presence within the EU, they don’t need to move their entire operation. The fact is, London is the world centre of the money markets and the case for retaining most operations in the City is overwhelming. Most institutions that have judged they need to have a presence within the EU post-Brexit have already opened satellite offices in Frankfurt or Paris. As a result, a few hundred jobs have shifted out of London, while at the same time general growth and expansion has added more new jobs than have been lost. Ireland has had success in the past in attracting major corporations like Apple, but they did so using tax incentives that have since been ruled illegal. Without rigging their tax system, they have the language and the time zone in their favour, while against them is the fact that it’s Ireland. If you don’t understand what a disincentive that is, there’s little point trying to elaborate ... |
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Ireland, on the other hand, wouldn’t be victim of circumstances they created here. I don’t want to sound like Jacob Rees-Mogg here but if the EU don’t act in Ireland’s interest then they could leave the EU if the economics favour all Ireland trade. That said, there’s another increasingly likely way to achieve that goal. |
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