News0 min ago
It's Starting To Look A Little Bleak Again For The Brexiteers.
Heseltine, Major, Clegg , and Blair. all calling for a referendum on the conditions for leaving, if we ever do?.
Even talking about a second referendum.
Even talking about a second referendum.
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// Nothing has changed since the first [referendum]. //
Of course things have changed.
We now know it will cost €60Billion cash to leave.
We now know a big red bus won’t be touring hospitals every week distributing £350million.
We now know our Governing Party is so racked by divisions that it is unable to negotiate anything meaningful.
We now know that travel and trade costs for the public and manufacturers will result in more expense.
We now know... zzzzzzz.
Of course things have changed.
We now know it will cost €60Billion cash to leave.
We now know a big red bus won’t be touring hospitals every week distributing £350million.
We now know our Governing Party is so racked by divisions that it is unable to negotiate anything meaningful.
We now know that travel and trade costs for the public and manufacturers will result in more expense.
We now know... zzzzzzz.
Under the terms of Article 50, a departing Member State can request that the deadline for negotiations is extended. If the withdrawal agreement presented to the Westminster parliament this autumn is rejected by MPs, their is every possibility that there then WOULD be time to organise a referendum on leaving.
Given the level of intelligence displayed by the British public (on both sides!) since the original referendum, I'm not in favour of another one. But the government's hand may be forced by the mechanics Ich described (The Gina Miller syndrome etc).
Given the level of intelligence displayed by the British public (on both sides!) since the original referendum, I'm not in favour of another one. But the government's hand may be forced by the mechanics Ich described (The Gina Miller syndrome etc).
I'm pretty sure that if the Irish border were genuinely a non-issue then neither side would be so obsessed with it. NJ is talking rubbish in dismissing it.
It's pretty obvious why it *would* be an issue: by definition, if rules on either side of a border are different, then both sides will want to check that their rules are being followed. This requires border controls; however, the "soft" border in Ireland is important for the island's economy and in view of the Good Friday Agreement.
Trying to find a solution to this, where the UK goes its own way on Customs rules, is basically trying to square the circle. It's impossible -- at least, not without a great deal of effort, or use of technology that either doesn't exist or certainly won't be ready in time. Stop pretending that it's not a problem.
It's pretty obvious why it *would* be an issue: by definition, if rules on either side of a border are different, then both sides will want to check that their rules are being followed. This requires border controls; however, the "soft" border in Ireland is important for the island's economy and in view of the Good Friday Agreement.
Trying to find a solution to this, where the UK goes its own way on Customs rules, is basically trying to square the circle. It's impossible -- at least, not without a great deal of effort, or use of technology that either doesn't exist or certainly won't be ready in time. Stop pretending that it's not a problem.
Meanwhile for those who care to step out of the EUSSR fantasy world.
//Wages in the UK have risen faster than at any time in almost 10 years, just months ahead of the official Brexit date.
Pay rose by 3.1 percent in the three months to August, compared with a year ago, while inflation for the same period was 2.5 percent, the Office for National Statistics said.
The rise outstripped the growth of 2.9 percent in the three months to July and the 2.6 percent forecast by economists and experts.
The new estimates show that average weekly earnings for employees, when adjusted for price inflation, increased by 0.7 percent excluding bonuses, and by 0.4 percent including bonuses, compared with a year earlier.
It was also revealed Tuesday that there were 832,000 job vacancies for July to September 2018 — 35,000 more than a year earlier and close to a record high.//
//President Donald Trump’s administration wants to agree a “cutting edge” free trade agreement with the United Kingdom “as soon as it is ready” after leaving the European Union, the U.S.’s chief trade negotiator has said.
In a letter to Congress on Tuesday, Trade Representative Robert Lighthizer said that the U.S. will be “well prepared” to begin negotiations on a “broad and deep trade and investment relationship”.
“The United States and the United Kingdom are the first and fifth largest economies in the world, respectively, and maintain a broad and deep trade and investment relationship.
“An ambitious trade agreement between our two countries could further expand this relationship by removing existing goods and services tariff and non-tariff trade barriers and by developing cutting-edge obligations for emerging sectors where US and UK innovators and entrepreneurs are most competitive,” Mr Lighthizer wrote.
Acknowledging that the UK is hamstrung in negotiations whilst still tied to the EU, the U.S. trade representative noted that he and British international trade secretary Liam Fox had been collaborating on laying the groundwork for a “potential future free trade agreement so that we will be well prepared to begin negotiations once the United Kingdom has formally exited the European Union”.//
//Wages in the UK have risen faster than at any time in almost 10 years, just months ahead of the official Brexit date.
Pay rose by 3.1 percent in the three months to August, compared with a year ago, while inflation for the same period was 2.5 percent, the Office for National Statistics said.
The rise outstripped the growth of 2.9 percent in the three months to July and the 2.6 percent forecast by economists and experts.
The new estimates show that average weekly earnings for employees, when adjusted for price inflation, increased by 0.7 percent excluding bonuses, and by 0.4 percent including bonuses, compared with a year earlier.
It was also revealed Tuesday that there were 832,000 job vacancies for July to September 2018 — 35,000 more than a year earlier and close to a record high.//
//President Donald Trump’s administration wants to agree a “cutting edge” free trade agreement with the United Kingdom “as soon as it is ready” after leaving the European Union, the U.S.’s chief trade negotiator has said.
In a letter to Congress on Tuesday, Trade Representative Robert Lighthizer said that the U.S. will be “well prepared” to begin negotiations on a “broad and deep trade and investment relationship”.
“The United States and the United Kingdom are the first and fifth largest economies in the world, respectively, and maintain a broad and deep trade and investment relationship.
“An ambitious trade agreement between our two countries could further expand this relationship by removing existing goods and services tariff and non-tariff trade barriers and by developing cutting-edge obligations for emerging sectors where US and UK innovators and entrepreneurs are most competitive,” Mr Lighthizer wrote.
Acknowledging that the UK is hamstrung in negotiations whilst still tied to the EU, the U.S. trade representative noted that he and British international trade secretary Liam Fox had been collaborating on laying the groundwork for a “potential future free trade agreement so that we will be well prepared to begin negotiations once the United Kingdom has formally exited the European Union”.//
There will have to be a solution that avoids any sort of extensive customs checks. Quite simply. Nothing else will be acceptable. How that is achieved without a customs union between the two parts of Ireland is hard to see: the DUP and indeed the hard liners refusal to accept this reality is perplexing: but accept it they will have to unless the mythical rabbit hops out of the metaphorical hat!
Togo
FT
//
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Not all is rosy in the labour market. Although wage growth has risen a little, real wage increases dropped away after the Brexit vote as inflation climbed well above the Bank of England’s 2 per cent target. Prices rises have recently exceeded expectations and wage increases have been struggling to match them.
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With wage increases not matching price rises in 2017 and 2018, household real incomes have faced a nasty squeeze. But Britain’s consumers appear to have thrown caution to the wind ever since the EU referendum, increasing borrowing and lowering savings to spend today rather than tomorrow. //
FT
//
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Not all is rosy in the labour market. Although wage growth has risen a little, real wage increases dropped away after the Brexit vote as inflation climbed well above the Bank of England’s 2 per cent target. Prices rises have recently exceeded expectations and wage increases have been struggling to match them.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https:/
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With wage increases not matching price rises in 2017 and 2018, household real incomes have faced a nasty squeeze. But Britain’s consumers appear to have thrown caution to the wind ever since the EU referendum, increasing borrowing and lowering savings to spend today rather than tomorrow. //
"NJ is talking rubbish in dismissing it."
Am I? Perhaps you could answer this, then, jim (which I keep asking):
The UK has no intention of policing a hard border. Ireland has no intention of policing a hard border. Both have categorically stated this. The EU itself has neither the resources under its control nor the authority to do so. Since presumably the EU’s concern is traffic entering the EU from Northern Ireland, what will happen on 31st March next year if we simply leave the other parties (i.e. Ireland and the EU) to it?
There are already different rules between north and south even with both nations as EU members: there are different rates of excise duties, different rates of VAT, different rates of corporation tax (and they are just those I can think of without looking them up). Goods, people and businesses traverse the border and are subject to these different rates quite satisfactorily. For the EU to suddenly fear that the Irish border will be a route that will facilitate vast quantities of “smuggled” goods into the EU via the UK is simply laughable. There are simple solutions available to cope with the Irish border which are already in existence and which could be easily adapted within the two year extension to the UK’s EU membership that has been proposed. The EU is using the issue in an attempt to force the UK into prolonging or even remaining indefinitely in some form of customs union. This will mean the UK continuing to impose tariffs that it perhaps would not want to impose, 80% of the revenue from which is remitted directly to Brussels.
There is clearly no will on the part of the EU to facilitate a pragmatic Brexit and that has been obvious from day one. They’d much prefer us to continue to act as unpaid tax collectors for them. That’s their privilege. But, disregarding our welfare (which they clearly have), for their remaining members' benefit it would pay them to negotiate properly a way forward without simply saying "no" to everything that is proposed and without threatening the integrity or the sovereignty of the UK. But if they cannot or will not there is no reason why the UK government should acquiesce to such nonsensical demands.
Am I? Perhaps you could answer this, then, jim (which I keep asking):
The UK has no intention of policing a hard border. Ireland has no intention of policing a hard border. Both have categorically stated this. The EU itself has neither the resources under its control nor the authority to do so. Since presumably the EU’s concern is traffic entering the EU from Northern Ireland, what will happen on 31st March next year if we simply leave the other parties (i.e. Ireland and the EU) to it?
There are already different rules between north and south even with both nations as EU members: there are different rates of excise duties, different rates of VAT, different rates of corporation tax (and they are just those I can think of without looking them up). Goods, people and businesses traverse the border and are subject to these different rates quite satisfactorily. For the EU to suddenly fear that the Irish border will be a route that will facilitate vast quantities of “smuggled” goods into the EU via the UK is simply laughable. There are simple solutions available to cope with the Irish border which are already in existence and which could be easily adapted within the two year extension to the UK’s EU membership that has been proposed. The EU is using the issue in an attempt to force the UK into prolonging or even remaining indefinitely in some form of customs union. This will mean the UK continuing to impose tariffs that it perhaps would not want to impose, 80% of the revenue from which is remitted directly to Brussels.
There is clearly no will on the part of the EU to facilitate a pragmatic Brexit and that has been obvious from day one. They’d much prefer us to continue to act as unpaid tax collectors for them. That’s their privilege. But, disregarding our welfare (which they clearly have), for their remaining members' benefit it would pay them to negotiate properly a way forward without simply saying "no" to everything that is proposed and without threatening the integrity or the sovereignty of the UK. But if they cannot or will not there is no reason why the UK government should acquiesce to such nonsensical demands.
Neither side wants a hard border, it is true, but if the rules on both sides diverge (which, presumably, would be the entire point of leaving the EU, otherwise it's just a massive upheaval for literally no effort), then there is no way to enforce those rules unless that border is policed.
There's your answer: nobody wants the border to be "hard", but both accept that it would be necessary to do so without some form of arrangement that -- as I say -- squares the circle.
This issue was, incidentally, something that had been raised before the referendum even happened, so it's a nonsense to claim that the EU is only raising it afterwards, as leverage. People had foreseen this; it is hardly their fault that Brexiteers were so obsessed with labelling any possible ramifications as "Project Fear" that they have ignored genuine difficulties.
Once again, then, Brexit supporters ignoring this, or blaming the EU, are determined to abdicate responsibility for their own decisions. You chose to take us down this path; the onus is therefore on you -- not the EU, not Remainers, not anyone else -- to come up with solutions for the problems that path will encounter.
There's your answer: nobody wants the border to be "hard", but both accept that it would be necessary to do so without some form of arrangement that -- as I say -- squares the circle.
This issue was, incidentally, something that had been raised before the referendum even happened, so it's a nonsense to claim that the EU is only raising it afterwards, as leverage. People had foreseen this; it is hardly their fault that Brexiteers were so obsessed with labelling any possible ramifications as "Project Fear" that they have ignored genuine difficulties.
Once again, then, Brexit supporters ignoring this, or blaming the EU, are determined to abdicate responsibility for their own decisions. You chose to take us down this path; the onus is therefore on you -- not the EU, not Remainers, not anyone else -- to come up with solutions for the problems that path will encounter.
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