Thread: Brexit discussion
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Old 08-03-2018, 20:03   #2383
1andrew1
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Re: Brexit discussion
So, a few things came out today:

1) There will not be a Brexit dividend. After 15 years, annual net borrowing would be around £20bn higher under the EEA option, almost £60bn higher under the free trade agreement option and more than £80bn higher under the WTO option.

2) Free trade deals with new countries will have minimal benefit as these tariffs are already low. It is the non-tariff rules and regulations which are the issue and free trade deals do not solve these.

3) Tusk is prioritising the Irish border issue but not solving this won't be a requirement of a transition deal. I still think this form of "purgatory" is where we'll be for a long time.

https://www.parliament.uk/business/c...blished-17-19/
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