February 11, 20205 yr I didn’t vote for any of this, just saying. Most didn't, as much as some will like to pretend otherwise.
February 11, 20205 yr From The Guardian. Gove starts to come clean. Michael Gove has told businesses that trade with Europe they need to prepare for “significant change” with “inevitable” border checks for “almost everybody” who imports from the EU from next year. In the first official confirmation that the government is going to impose trade barriers post-Brexit, he warned there would be checks on food and goods of animal origin, plus customs declarations and mandatory safety and security certificates required for all imports. “You have to accept we will need some friction. We will minimise it but it is an inevitability of our departure,” he told delegates at a Cabinet Office event held in central London on Monday, entitled Preparing Our Border for the Future Relationship. Gove, who as chancellor of the Duchy of Lancaster is de facto deputy prime minister, also warned delegates it could take five years to get a smart border involving online processes up and running and said businesses had to be ready for the change next January, whatever the outcome of the next phase of Brexit negotiations. “In questions and answers his officials talked of an ‘operational border’ from the beginning of 2021, which they said was laying the foundation for best borders in 2025,” said one delegate, who reported that Gove had warned the UK must be ready for the completion of Brexit on 1 January next year when the transition period ends. Later the government issued an official update confirming checks on both imports and exports. The update warned that the “policy easements put in place for a potential no-deal exit will not be reintroduced as businesses have time to prepare”. The “easements” that will not apply include deferred VAT payments on imports, which the government had considered in a no-deal plan. Echoing Boris Johnson’s comments in a speech last week, Gove spoke of pursuing a Canada or Australian-type deal, which EU trade commissioner Phil Hogan has said was “code for no deal” as the bloc does not have a deal with Australia. Edited February 11, 20205 yr by Crazy Chris
February 11, 20205 yr All this will surely cause long delays at ports and massive lorry tailbacks starting Jan. 1st. Edited February 11, 20205 yr by Crazy Chris
February 11, 20205 yr All this will surely cause long delays at ports and massive lorry tailbacks starting Jan. 1st. If only people had been warned this would happen. Oh, wait,...
February 11, 20205 yr All of the stuff the experts said would happen has started to happen! Who'da thought experts would know a bit more about this than everyone else eh! I'm shocked!
February 12, 20205 yr Just watch the cards start to fall now. Vauxhall at Elsmere Port will go, new owners PSA have been very clear about that. Nissan in Sunderland is edging closer towards the exit door. Both would devastate the local economies and the national economy. And they’re just the high profile names. Thousands of business rely on frictionless trade. They’ll seriously struggle with the rising costs We’re gonna see a self inflicted recession in 2021. In other hard Brexit news, German bank N26 has pulled out of the UK. Definite end of passporting means it would have to get a UK banking licence and it’s decided it’d rather chew on some broken glass
February 12, 20205 yr All this will surely cause long delays at ports and massive lorry tailbacks starting Jan. 1st. I have four words for you, and they just so happen to be my favourite four words in the English language. I TOLD YOU SO
February 12, 20205 yr it's been 4 minutes but vidcapper still isn't here with the "now now, let's not fight and make this work!!1". Strange.
February 12, 20205 yr I’ve been saying this shit for almost a year. The ports are going to be crazy, not only that once the regulations change just think how difficult it’s going to be to import raw food materials in to the country. It’s going to be ridiculous, businesses will pass the extra costs on the consumers. Tell you this for a fact now for free!
February 12, 20205 yr it's been 4 minutes but vidcapper still isn't here with the "now now, let's not fight and make this work!!1". Strange. And he won’t ever be
February 12, 20205 yr Just watch the cards start to fall now. Vauxhall at Elsmere Port will go, new owners PSA have been very clear about that. Nissan in Sunderland is edging closer towards the exit door. Both would devastate the local economies and the national economy. And they’re just the high profile names. Thousands of business rely on frictionless trade. They’ll seriously struggle with the rising costs We’re gonna see a self inflicted recession in 2021. I doubt there'll be a recession, mainly as the government will likely do everything to avoid one. I wouldn't be surprised to see tax cuts/business rate cuts to try to off-set any added costs. Although that means increasing borrowing which may result in the debt starting to increase as a % of GDP once again.
February 12, 20205 yr Nissan are in fact staying in Britain regardless of the Brexit end state because - according to internal discussions obtained by the FT - they are counting on: 1) UK consumers no longer being able to afford cars built abroad due to a) increased import costs of cars built abroad b) UK consumers becoming poorer overall and 2) other manufacturers leaving, reducing competition for domestically-built cars It's good news for Sunderland that they are staying but they are betting on Brexit making Britain poorer. Which is quite a safe bet.
February 12, 20205 yr That’s interesting. I wonder if they will expand to making more products from the wider group. It’s the only way the plant would remain fully viable. That or cutting production and shifts. It is smart logic by the Alliance, I would be inclined to agree with their assessment. Wee-er poorer and isolated. Sounds like the path we’re on
February 13, 20205 yr One of the things I'm interested in is if there's going to be a bigger shift to manufacturing more locally (UK/Europe). In part due to Brexit, but also the recent corona virus outbreak has highlighted just how much a lot of places depend on China.
February 13, 20205 yr From Sky News. Trump is set to strike a trade deal with the EU ahead of the UK as his relationship with Boris Johnson sours Donald Trump looks set to prioritise trade talks with the EU over the UK. Trump’s administration had previously insisted that the UK would be “at the front of the line” for a new trade deal but this seems to now not be the case. However, White House economic adviser Larry Kudlow told Bloomberg News last week that because of the existing “structure” in trade talks with the EU, “reigniting that will be easier” than starting from scratch with the UK. Trump’s relationship with European countries has suffered in recent months following his threats to impose tariffs on the EU and trigger a trade war. However, both sides have signaled they are willing to reset relations since Ursula van der Leyen was installed as European Commissioner late last year. “No one around here is salivating for a trade war,” Kudlow said. “Believe me, no one.” Meanwhile, diplomatic relations between Donald Trump and his “friend” Boris Johnson seem to have cooled significantly in recent weeks.
February 13, 20205 yr From Sky News. Trump is set to strike a trade deal with the EU ahead of the UK as his relationship with Boris Johnson sours Donald Trump looks set to prioritise trade talks with the EU over the UK. Trump’s administration had previously insisted that the UK would be “at the front of the line” for a new trade deal but this seems to now not be the case. However, White House economic adviser Larry Kudlow told Bloomberg News last week that because of the existing “structure” in trade talks with the EU, “reigniting that will be easier” than starting from scratch with the UK. Trump’s relationship with European countries has suffered in recent months following his threats to impose tariffs on the EU and trigger a trade war. However, both sides have signaled they are willing to reset relations since Ursula van der Leyen was installed as European Commissioner late last year. “No one around here is salivating for a trade war,” Kudlow said. “Believe me, no one.” Meanwhile, diplomatic relations between Donald Trump and his “friend” Boris Johnson seem to have cooled significantly in recent weeks. If only someone had warned people about this. Oh, hang on, they did.
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