No only are cabinet and Tory MPs blinking, now even the Daily Express seems to have joined in.
Quote:
FORMER World Trade Organisation boss Pascal Lamy dismissed claims from Brexiteers suggesting the UK would enjoy better trade regulations with international partners without a Brexit divorce deal with the European Union.
Pascal Lamy claimed a no deal Brexit would make "no sense" as British tradesmen would see tariffs and barriers instituted on all trade with the European Union.
The former World Trade Organisation (WTO) chief insisted the British Government should strike an arrangement securing continuity past March 29 because of the deep connection British and European business have built over the past 40 years. Speaking to Euronews, Mr Lamy said: "I know there’s a view on the Brexit side that they become independent, they regain control. "In a world which is globalising, integrating, I think it makes absolutely no sense."What would be the sense of having a regulation for 60 million people when the world is moving to zones who have regulations for 500 million or 600 million people? It makes no sense."
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https://www.express.co.uk/news/uk/10...Juncker-latest
---------- Post added at 10:38 ---------- Previous post was at 10:28 ----------
Quote:
Originally Posted by nomadking
The GROUP may make those profits, but the INDIVIDUAL companies won't. Cross-subsidies are not allowed. You could unfairly use profits from one company to prop up another, thereby putting competitors of that unprofitable company out of business.
The payments seem to be mainly related to excessive green taxes. Certain processes use a lot of energy, there is no getting around that. If there was, they would use it regardless of any green taxes.
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Companies cross-subsidise loss-making divisions all the time. When you set up a company in a new country, that company may not make a profit for a long time. In the case of Eleven Sports in the UK, it may never make profits here before closing down. Mike Ashley is cross-subsidising House of Fraser with his other stores at the moment in the hope he can turn it around.
Where it becomes an issue is if a company is deliberately trying to drive competitors out of business so it can dominate the market unfairly. That's always a hard one to prove.
---------- Post added at 10:54 ---------- Previous post was at 10:38 ----------
Quote:
Originally Posted by Angua
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There's no plan to open a factory in Bridgend. Ratcliff has suggested that Ford may wish to pitch to assemble his SUV there on a contract basis. Ford currently has an engine plant there. Magna in Graz, Austria which has contracts with Mercedes, Jaguar Land Rover and BMW is tipped as the most likely location.
---------- Post added at 11:41 ---------- Previous post was at 10:54 ----------
Quote:
Originally Posted by Sephiroth
Those cabinet members were/are Remainers. Or did I misunderstand you. Where’s the wobble?
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They're blinking by threatening to vote against the PM. They've kept their nerve upto now.