Quote:
Originally Posted by jonbxx
If predicting future economic states is futile, who asked the civil servants at DExEU to compile a study, knowing it's a waste of time? Can we be sure and be assured that government policy will not be affected by any study predicting the effects of different types of Brexit?
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You're right. It's a bit awkward for the Brexit Dept and far from surprising that the Department has such a high staff turnover if your boss stabs you in the back...for doing your job properly!
Two bits of other news today:
1) In a U-turn, the Brexit economic impact reports will now be published.
https://news.sky.com/story/ministers...study-11230715
2) The EU has confirmed that there can be no special cake-and-eat-it deal for the UK financial services sector.
Quote:
EU Brexit negotiators have set out a tough line on financial services, ruling out an ambitious trade deal for the lucrative sector and arguing that Europe would benefit from a smaller City of London, according to confidential discussions among the other 27 EU member states.
In a rebuff to the UK, which is seeking to put financial services at the heart of a trade deal with the bloc, an internal EU27 meeting this week concluded that future arrangements should be based on “equivalence” — the limited and revocable access given to third-country institutions — rather than a wide-ranging new pact.
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https://www.ft.com/content/7f7669a4-...0-9c0ad2d7c5b5