Brexit discussion

[1andrew1]

Originally Posted by Stuart

Let's wait and see, shall we? We have vague promises from the likes of Trump that they will trade with us, but let's see what they offer to a group of negotiators negotiating on behalf of one country of 70 million compared to those representing several countries, and 400 million people.

The Brexit Committee's own report kicks OB's assertion well and truly into the long grass. Per slide 14, such deals will only add 0.2% - 0.7% to GDP. By leaving the EU and adopting a free trade agreement with it, the report suggests a reduction in GDP of 3%.

https://www.parliament.uk/documents/...l-Briefing.pdf

[denphone]

Originally Posted by 1andrew1

The Brexit Committee's own report kicks OB's assertion well and truly into the long grass. Per slide 14, such deals will only add 0.2% - 0.7% to GDP. By leaving the EU and adopting a free trade agreement with it, the report suggests a reduction in GDP of 3%.

https://www.parliament.uk/documents/...l-Briefing.pdf

Yep OB thinks it will be like taking candy from a baby when it is likely to be much much harder then that.

[jonbxx]

Any day now Volkswagen, Siemens and BMW will tell Angela Merkel what's what and she will get the rest of the EU to get in to line.

Any day now....

[heero_yuy]

Quote from jonbxx:


Any day now Volkswagen, Siemens and BMW will tell Angela Merkel what's what and she will get the rest of the EU to get in to line.

Any day now....

Well now that she's solved her local difficulties she can get back to running the EU.

[Carth]

Originally Posted by heero_yuy

Well now that she's solved her local difficulties she can get back to running the EU.

oooh you are awful . . but I like you

Interesting number plate, seen on a car in Hong Kong...

https://twitter.com/The_Evil_Barbie/...65817415667712

[denphone]

l will start the bidding at a pound..

[Gavin78]

Seems the EU now want billions for crap like this.

EU demands £2.4bn in unpaid customs duties from UK over Chinese fashion imports

https://news.sky.com/story/eu-demand...ports-11281225

[1andrew1]

An interesting report which looks at the costs to the EU and UK of Brexit.

More than three-quarters of the impact of Brexit will fall on just five sectors in the EU and the UK, according to new research, and would disproportionately affect specific regions such as London in the UK and Bavaria in Germany.

The hardest hit sectors will be financial services, automotive, agriculture, food and drink, chemicals and plastics, says the study to be published on Monday by consultancy Oliver Wyman and the law firm Clifford Chance....

In Ireland, the agricultural sector’s exposure to UK consumers made it particularly vulnerable, while in Germany, four of the 16 states — Bavaria, North Rhine-Westphalia, Baden-Württemberg and Lower Saxony — would shoulder more than three-quarters of the impact on the country because of the importance of the automotive and manufacturing sectors in those regions.

https://www.ft.com/content/435d4698-...8-60d3531b7d11

The annual ‘red tape’, or tariff and non-tariff, costs of Brexit for EU27 exporters is around £31 billion and for UK exporters is around £27 billion even after initial steps to mitigate costs have been taken. This is proportionately 4 times larger for the UK as a percentage of Gross Value Added (GVA1).

70% of the aggregate impact falls in just five sectors in both the EU27 and UK.

Disproportional impacts in specific regions such as Bavaria in Germany and London in the UK.

A future customs arrangement equivalent to The Customs Union reduces the EU27 impact to around £14 billion and the UK impact to around £17 billion. Mitigating the costs of Brexit are non-trivial and impacted firms need to be taking steps now. Small firms will be least able to mitigate these costs and in turn pose risks to their supply chain.

https://www.businesswire.com/news/ho...port-Estimates

[heero_yuy]

Quote from Forces Network:


The Royal Navy should be strengthened to help protect British fishing waters from the "armada" of EU trawlers post-Brexit, ministers have been told.

Conservative MP Philip Hollobone said supporters of remain and leave were united in the need for the UK to leave the Common Fisheries Policy, which he labelled the "very worst aspect" of EU membership.

Brexit minister Steve Baker said surveillance will be boosted to ensure UK waters can be patrolled and regulations enforced.

When referring to the UK leaving the EU, Mr Hollobone told the Commons: "On that day the armada of EU trawlers that have been plundering Britain's historic fishing grounds since 1973 are not going to be happy their best years are behind them."

Iceland were effective in protecting their territorial waters from our fishermen. We should be prepard for the same.

[Carth]

Originally Posted by heero_yuy

Iceland were effective in protecting their territorial waters from our fishermen. We should be prepard for the same.

Damn, just when approaching retirement age and can put my feet up it seems I could get called up to 'dads army'

[jonbxx]

It seems our EU Parliamentary representative to the EU Fisheries Committee, one N. Farage wasn't very effective. Maybe turning up to more than one out of 42 meetings of the committee would have better represented our interests

[Mr K]

Originally Posted by jonbxx

It seems our EU Parliamentary representative to the EU Fisheries Committee, one N. Farage wasn't very effective. Maybe turning up to more than one out of 42 meetings of the committee would have better represented our interests

Oh come on he only gets an £84k salary; bit much to ask him to turn up to meetings. Farage is very happy to be on the EU gravy train and will happily accept a pension from them (which we'll be paying for !)

[1andrew1]

Originally Posted by heero_yuy

Iceland were effective in protecting their territorial waters from our fishermen. We should be prepard for the same.

Post-Brexit, nothing will happen on the fishing front for a little while as the UK has had to yield to its far larger negotiating partner.

Michael Gove, environment secretary, has called for an immediate renegotiation of fishing quotas and access for EU vessels in British waters from March 2019, when the UK will leave the bloc.
But the British government is set to accept on Monday demands set out in the EU’s draft transition text, which includes a clause making clear that the UK share of the “total catch” will remain unchanged during the two years after the UK leaves the EU.

https://www.ft.com/content/89ef8760-...e-cc62a39d57a0

Typical of the corrupt EU telling us what we can do, in our own god damn waters. NO DEAL!