Author Topic: Brexit has well and truly begun!  (Read 46409 times)

0 Members and 4 Guests are viewing this topic.

Offline Vertigo Swirl

Re: Brexit has well and truly begun!
« Reply #1080 on: February 13, 2019, 08:44:57 PM »

“Bank of America, one of the biggest banks in the world, has spent $400 million shifting people and operations out of the UK in anticipation of Brexit and will not be bringing them back under any circumstances, its vice-chairwoman has said.

Anne Finucane told a conference in Dublin that the bank would never make London its European headquarters again. “Dublin is our headquarters for our European bank now, full stop. There isn’t a return. That bridge had been pulled up,” she said”
"The answer is that no-one here believes the parents were directly involved in MM's disappearance" - G-Unit.

Offline Carana

Re: Brexit has well and truly begun!
« Reply #1081 on: February 13, 2019, 10:56:19 PM »
Not quite sure how negotiations with the WTO are going... I'm hearing varying stories, and trying to work out what's true.

Most of the negative news was back in October (which I missed). Still problems, apparently.


https://news.sky.com/story/wto-sees-devilishly-complicated-brexit-challenge-11635617
« Last Edit: February 13, 2019, 10:58:44 PM by Carana »

Offline Carana

Re: Brexit has well and truly begun!
« Reply #1082 on: February 13, 2019, 11:03:11 PM »
“Bank of America, one of the biggest banks in the world, has spent $400 million shifting people and operations out of the UK in anticipation of Brexit and will not be bringing them back under any circumstances, its vice-chairwoman has said.

Anne Finucane told a conference in Dublin that the bank would never make London its European headquarters again. “Dublin is our headquarters for our European bank now, full stop. There isn’t a return. That bridge had been pulled up,” she said”

Even if Article 50 were revoked tomorrow, it would take a hell of a lot to coax agencies and big businesses back again. Once trust is lost, it's hard to get back.

Offline Angelo222

Re: Brexit has well and truly begun!
« Reply #1083 on: February 14, 2019, 12:30:30 AM »
Even if Article 50 were revoked tomorrow, it would take a hell of a lot to coax agencies and big businesses back again. Once trust is lost, it's hard to get back.

Good riddance I say.  A new era beckons and those who believe in the British economy will endure and prosper.
De troothe has the annoying habit of coming to the surface just when you least expect it!!

Je ne regrette rien!!

Offline Angelo222

Re: Brexit has well and truly begun!
« Reply #1084 on: February 14, 2019, 12:35:03 AM »
“Bank of America, one of the biggest banks in the world, has spent $400 million shifting people and operations out of the UK in anticipation of Brexit and will not be bringing them back under any circumstances, its vice-chairwoman has said.

Anne Finucane told a conference in Dublin that the bank would never make London its European headquarters again. “Dublin is our headquarters for our European bank now, full stop. There isn’t a return. That bridge had been pulled up,” she said”

It doesn't take much to work out where Finucane's allegiance lies.  The Republic of Ireland will be on a sticky wicket after a no deal BREXIT as they will be paying into the EU instead of receiving handouts.  They will also be at the mercy of the UK since they rely on us to buy their farm products.
« Last Edit: February 14, 2019, 12:40:18 AM by Angelo222 »
De troothe has the annoying habit of coming to the surface just when you least expect it!!

Je ne regrette rien!!

Offline Carana

Re: Brexit has well and truly begun!
« Reply #1085 on: February 14, 2019, 03:33:21 AM »
The state of play re UK/EU roll over deals.

https://www.thesun.co.uk/news/brexit/8414522/liam-fox-6-of-40-trade-deals/

Not totally up to date: the EU deal with Singapore has just gone through, apparently.


Offline Carana

Re: Brexit has well and truly begun!
« Reply #1086 on: February 14, 2019, 03:36:17 AM »

Offline Vertigo Swirl

Re: Brexit has well and truly begun!
« Reply #1087 on: February 14, 2019, 07:13:29 AM »
It doesn't take much to work out where Finucane's allegiance lies.  The Republic of Ireland will be on a sticky wicket after a no deal BREXIT as they will be paying into the EU instead of receiving handouts.  They will also be at the mercy of the UK since they rely on us to buy their farm products.
What has any of that got to do with the Bank of America desetrting Britain?
« Last Edit: February 14, 2019, 08:17:01 AM by Vertigo Swirl »
"The answer is that no-one here believes the parents were directly involved in MM's disappearance" - G-Unit.

Offline Vertigo Swirl

Re: Brexit has well and truly begun!
« Reply #1088 on: February 14, 2019, 07:16:07 AM »
"The answer is that no-one here believes the parents were directly involved in MM's disappearance" - G-Unit.

Offline Angelo222

Re: Brexit has well and truly begun!
« Reply #1089 on: February 14, 2019, 08:23:49 AM »
Belgium’s government is in turmoil — yet again. France’s peacock president is having his feathers plucked by a bolshy populace. The German chancellor is soon to depart this political life. Italy and Brussels may have papered over their rancorous dispute over Rome’s spending proposals, but neither is likely to play nice for long. Spain has a hideous unemployment problem, and poor Greece, the crucible of Western democracy, has lost control of its own affairs and is turning into a third world country.

Poland and Hungary, of course, are pursuing non-liberal policies that have earned them the contempt of the European institutions. And all this before we even start contemplating Commission President Jean Claude Juncker’s hiccups.

The UK is forging ahead with a new beginning, many in Europe will in the end be jealous of our new found independence.  We will have total control over our borders, who we do trade with and on what terms.
« Last Edit: February 14, 2019, 08:26:56 AM by Angelo222 »
De troothe has the annoying habit of coming to the surface just when you least expect it!!

Je ne regrette rien!!

Offline Vertigo Swirl

Re: Brexit has well and truly begun!
« Reply #1090 on: February 14, 2019, 08:28:29 AM »
Belgium’s government is in turmoil — yet again. France’s peacock president is having his feathers plucked by a bolshy populace. The German chancellor is soon to depart this political life. Italy and Brussels may have papered over their rancorous dispute over Rome’s spending proposals, but neither is likely to play nice for long. Spain has a hideous unemployment problem, and poor Greece, the crucible of Western democracy, has lost control of its own affairs and is turning into a third world country.

Poland and Hungary, of course, are pursuing non-liberal policies that have earned them the contempt of the European institutions. And all this before we even start contemplating Commission President Jean Claude Juncker’s hiccups.

The UK is forging ahead with a new beginning, many in Europe will in the end be jealous of our new found independence.  We will have total control over our borders, who we do trade with and on what terms.
Don’t you think you should have put this in quotes and given a credit to Quentin Letts artilce in the Sun, rsther than present them as your own words?
https://www.thesun.co.uk/news/8065493/brexit-countdown-eu-economic-success-quentin-letts/
"The answer is that no-one here believes the parents were directly involved in MM's disappearance" - G-Unit.

Offline Carana

Re: Brexit has well and truly begun!
« Reply #1091 on: February 14, 2019, 09:49:11 AM »
"We will have total control over our borders, who we do trade with and on what terms."

- The UK already has control over its borders.

- The UK can already trade with any country it wants to, including free trade with 69 countries.

- Only 10% of  roll-over agreements have been negotiated so far (and Switzerland has updated theirs, amongst other things to limit the number of new work permits for UK citizens to 3,500, in the event of a no-deal).

- Negotiating new free trade agreements from scratch could take between 6-10 years. They take ages not just to negotiate, but the ratification takes years in itself. All WTO members have to agree (that's 164 countries).

Offline Carana

Re: Brexit has well and truly begun!
« Reply #1092 on: February 14, 2019, 10:04:45 AM »
A few informative documents / threads


No-deal Brexit and WTO: Article 24 explained
https://commonslibrary.parliament.uk/brexit/no-deal-brexit-and-wto-article-24-explained/

Extending Article 50: could Brexit be delayed?
https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8496

A Twitter account by a non-WTO expert (AFAIK), but who appears to have researched his points and is followed by several trade negotiators who would have corrected him if he'd misunderstood anything.
https://twitter.com/uk_domain_names/status/1086003435772751872



NB:

And another one on how long FTAs actually take:
https://www.open-britain.co.uk/new_research_trade_deals_with_five_key_countries_could_take_26_years_to_negotiate

« Last Edit: February 14, 2019, 10:14:33 AM by Carana »

Offline Carana

Re: Brexit has well and truly begun!
« Reply #1093 on: February 14, 2019, 10:31:38 AM »
An issue that I hadn't fully appreciated is the Rules of Origin (ROO) conundrum.


Faisal Islam
‏Verified account @faisalislam

Trade Department assess Turkey trade rollover deal “not possible” by 30/3 according to Sun document

Not just that. engines account for biggest single bit of a cars total value. Will UK made engine count as EU “content” post 30/3? Eg Korea cd slap tariff on EU car with Uk engine
1:21 PM - 13 Feb 2019

https://twitter.com/faisalislam/status/1095825320022806528

Offline Carana

Re: Brexit has well and truly begun!
« Reply #1094 on: February 14, 2019, 02:44:48 PM »
USDA says filler once known as 'pink slime' can be labeled ground beef
Robin Shreeves
Robin Shreeves
February 11, 2019, 10:44 a.m.

https://www.mnn.com/food/healthy-eating/blogs/usda-says-pink-slime-can-be-labeled-ground-beef