[Politics] Brexit

[sydney]

I would have thought the wealthy are hit the least though.

More likely to have overseas properties and bank accounts, which have gone up in value since Brexit.

It's the poor and elderly, who spend a greater proportion of their income on higher priced food and fuel due to the drop in sterling, who are likely to suffer most, not the rich.

ironically the ones who voted out ...apparently...

 

[sydney]

The constraints of monetary union claiming another victim. It's possible Italy will have to leave the EU or be allowed access to Central EU funding to have any chance of averting the looming disaster .. perhaps we are getting out just in time.

italy , france and greece....all fuct or about to be......hmmmm

 

[Baldseagull]

The constraints of monetary union claiming another victim. It's possible Italy will have to leave the EU or be allowed access to Central EU funding to have any chance of averting the looming disaster .. perhaps we are getting out just in time.

Perhaps as they were trying to pick themselves up off the floor, we have just kicked them in the nads. This is not good news for Britain, it is more trouble, and we are heaping some of it on.

 

[Jim in the West]

The constraints of monetary union claiming another victim. It's possible Italy will have to leave the EU or be allowed access to Central EU funding to have any chance of averting the looming disaster .. perhaps we are getting out just in time.

Won't leave the EU....but theoretically possible they could leave the Eurozone. It's a risky world out there!

 

[sydney]

Jean-Claude Juncker is facing calls to step down as European Commission President after it was revealed that he held secret meetings with Amazon officials involved in its tax avoidance strategy.

Whilst serving as the Prime Minister of Luxembourg, the Brussels bureaucrat, 61, hosted officials from the internet giant at a time when his country was offering cosy deals to big firms which let them pay little or no tax.

President of the European Commission, Jean-Claude Juncker, is to facing calls to resign following the revelation of secret meetings with Amazon tax officials
Mr Juncker, who was appointed EC President in 2014, did not disclose that he had met with four of the company’s senior tax officials in 2003, which critics have said could be evidence that he was “marketing” Luxembourg as a haven for tax avoidance.

Mr Juncker – who branded Brits “deserters” following the Brexit vote and is to play a key role in the UK’s negotiation to leave the EU – faced calls to resign following the claims.

More...https://www.thesun.co.uk/news/14415...t-meetings-with-amazon-tax-officials-exposed/

yes well ...fair grounds for a sacking , never mind resign....if amazon , google , apple etc paid their fair share of income tax then the planet may be a marginally better place...but that is another issue , Junker outed as just another pork barrelling Euro fink....!!

 

[Seagull58]

Good news. Hopefully a new head can talk up a remain deal.

Good news indeed, although Merkel has already lined him up for the sack so this is just another reason. I expect the new president to be under strict instructions to negotiate an exit that protects German and other EU trade interests, which will necessitate giving the UK a decent trade deal with immigration controls. Remain is a non-starter. You need to move on for your own health.

 

[Seagull58]

Perhaps as they were trying to pick themselves up off the floor, we have just kicked them in the nads. This is not good news for Britain, it is more trouble, and we are heaping some of it on.

Good job we are leaving, insulating ourselves from all this bad stuff.

 

[studio150]

yes well ...fair grounds for a sacking , never mind resign....if amazon , google , apple etc paid their fair share of income tax then the planet may be a marginally better place...but that is another issue , Junker outed as just another pork barrelling Euro fink....!!

I wasn't aware that companies paid income tax

 

[smeg]

I wasn't aware that companies paid income tax

picky

 

[Lincoln Imp]

Good news indeed, although Merkel has already lined him up for the sack so this is just another reason. I expect the new president to be under strict instructions to negotiate an exit that protects German and other EU trade interests, which will necessitate giving the UK a decent trade deal with immigration controls. Remain is a non-starter. You need to move on for your own health.

Obviously our trade deals would be even more decent with free movement and I wonder if the appointment of Boris - who didn't seem to have an immigration problem on 24 June - might make some sort of Norway deal a little more likely. I don't know how flexible Davis is on the specific question of free movement but Gove, who was almost religeously-anti, is out of the loop.

 

[ManOfSussex]

Latest Hitler parody.

 

[portslade seagull]

Latest Hitler parody.

Maybe a ban for you is in order

 

[El Presidente]

Obviously our trade deals would be even more decent with free movement and I wonder if the appointment of Boris - who didn't seem to have an immigration problem on 24 June - might make some sort of Norway deal a little more likely. I don't know how flexible Davis is on the specific question of free movement but Gove, who was almost religeously-anti, is out of the loop.

This is Davis's position

Sent from your mum using Tapatalk

 

[5ways]

This is Davis's position

Sent from your mum using Tapatalk

12-24 months to hash out trade deals with America, China and other 'favoured trading partners'? Am I understanding this correctly

 

[Lincoln Imp]

This is Davis's position

Sent from your mum using Tapatalk

Thanks for this. Ver interesting. I love the suggestion of £2bn going to support our indigenous motor industry. Morgan Cars will be over the moon.
If he's piling levies of that scale on EU cars coming to the UK then obviously the EU will return the complement. How long before Bentley manufacture moves to Dresden

 

[beorhthelm]

Thanks for this. Ver interesting. I love the suggestion of £2bn going to support our indigenous motor industry. Morgan Cars will be over the moon.
If he's piling levies of that scale on EU cars coming to the UK then obviously the EU will return the complement. How long before Bentley manufacture moves to Dresden

the suggestion is to impose reciprocal tariffs if they are imposed on us. the default position is to have no tariffs, if the EU doesnt accept that, then similar tariffs would apply. the demand for BMW, VW, Fiats, Renaults would still be high and the tariffs from that would generate a lot of tax for the UK. i dont expect the forecast to be accurate they never are (self-defeating, for a start, the tariff would rise the price, so lower demand so lower excise revenues.) but there's going to be revenue raised. but the objective of the leave, and that stated there, is to negotiate tariff free trade.

 

[El Presidente]

the suggestion is to impose reciprocal tariffs if they are imposed on us. the default position is to have no tariffs, if the EU doesnt accept that, then similar tariffs would apply. the demand for BMW, VW, Fiats, Renaults would still be high and the tariffs from that would generate a lot of tax for the UK. i dont expect the forecast to be accurate they never are (self-defeating, for a start, the tariff would rise the price, so lower demand so lower excise revenues.) but there's going to be revenue raised. but the objective of the leave, and that stated there, is to negotiate tariff free trade.

I think everyone is aiming for free trade of goods, but far more importantly services, as that is 77% of the UK economy. The sticking point will be if Davis can achieve that without free movement of labour, which the EU has not conceded in the past.

There are 51 trade deals that the EU has with other countries/blocs. They have taken an average of 7 years to negotiate, some considerably longer. In theory the UK should be able to negotiate them a bit quicker if the other countries simply want to Tippex out EU, and replace that with UK, in the documentation. The article I referred to above goes on to say

 

[GoldWithFalmer]

Worth a read..... http://johnredwoodsdiary.com/2016/06/16/how-joining-the-eu-led-to-a-big-decline-in-uk-industry/

It's all about Industry and our lack of it.. Since joining the common market

 

[pastafarian]

Obviously our trade deals would be even more decent with free movement and I wonder if the appointment of Boris - who didn't seem to have an immigration problem on 24 June - might make some sort of Norway deal a little more likely. I don't know how flexible Davis is on the specific question of free movement but Gove, who was almost religeously-anti, is out of the loop.

He is against Free Movement
Gave a detailed speech back in Feb about his plans for leaving the EU

http://www.daviddavismp.com/david-davis-speech-on-brexit-at-the-institute-of-chartered-engineers/

 

[Baldseagull]

Worth a read..... http://johnredwoodsdiary.com/2016/06/16/how-joining-the-eu-led-to-a-big-decline-in-uk-industry/

It's all about Industry and our lack of it.. Since joining the common market

You can blame the E.U. for Fishing, the rest has much more to do with Maggie.