[Politics] The official match day thread: The UK/EU deal.

[Lethargic]

I still feel the Queen has gone with the wrong line up for this one, looks a poor defence to me and no creativity in midfield and the bench is down to the bare bones. The one plus is up front as Boris certainly has a good record of scoring although more domestic not so sure if he can deliver on the international front.

I think this game will go to the final wistle but a score draw the likeliest outcome with both teams claiming a win. Not looking forward to the reverse fixture.

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[Bakero]

Moderate Brexit backers have probably won.

What have they won and was it worth it?

 

[TomandJerry]

As a "Remoaner" it pleases me that the ERG haven't won. If they're pissed off, its as good a result as I could hope for.

The only real way the ERG would have won is a no deal.

They will be unhappy with this deal, but pleased we are out of the Customs union / single market. And that the ECJ no longer has a say in what we do.

Also that freedom of movement ends.

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[TomandJerry]

What have they won and was it worth it?

We are out of the Customs union / single market. And that the ECJ no longer has a say in what we do.

Also that freedom of movement ends. Which was one of the big ones.

Was it all worth it?

I'm sure we will find out in due course.



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[Baldseagull]

i gather they dont intend to cover financial equivalence in the deal, would come early next year. failure to agree puts a lot of European financial institutions at a disadvantage, blocking them from London markets, not the other way round (our authority has already said institutions here can use EU markets). EU want to build capacity for trading and clearing but cant decide where, so unlikely to ever happen. there is an odd scenario where EU traders may have to access derivative markets through New York as some agreement is in place.

I would not be so sure, there is already more than a Trillion pounds that was once in London now in the EU and mostly Frankfurt, along with a few thousand well paid jobs.

 

[WATFORD zero]

i gather they dont intend to cover financial equivalence in the deal, would come early next year. failure to agree puts a lot of European financial institutions at a disadvantage, blocking them from London markets, not the other way round (our authority has already said institutions here can use EU markets). EU want to build capacity for trading and clearing but cant decide where, so unlikely to ever happen. there is an odd scenario where EU traders may have to access derivative markets through New York as some agreement is in place.

You obviously missed my post on equivalence earlier

There seems to be some confusion about what has been agreed on services that make up that 80% of the UK's GDP, so here is a useful (if rather large) answer

View attachment 131727

I'm struggling to see a single area where the EU institutions are at a disadvantage as we seem to have granted equivalence in most areas whilst the EU have granted hardly any (and even those are short term).

Maybe you could explain where the 'EU financial institutions are at a disadvantage'.

Thanks

 

[Deportivo Seagull]

As a "Remoaner" it pleases me that the ERG haven't won. If they're pissed off, its as good a result as I could hope for.

Great isn’t it. The irony is that regardless of how this ended (deal or no deal) someone in the Brexiteer clan is going to be mightily pissed off. Boris will now be classed as a sell out and a target for some of his previously most ardent admirers. Magnificent.


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[Weststander]

Really? no one told us about that

Plenty of people, including some politicians and people here favoured a no deal.

 

[sparkie]

Moderate Brexit backers have probably won.

The EU haven't done too badly either.

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Moderate Brexit backers would have wanted a Norway or Switzerland deal.

There is still a long way to go before we get to that from this Switzerland-- deal, but this is the 1st small step on that path.

 

[Rugrat]

Questions, That's about the most sensible statement on the matter I've heard.

unlike this cockwomble

View attachment 131729

Does anyone still attribute this character with any sensible view? I'm surprised he still has the audacity to air his prehistoric opinions

 

[TomandJerry]

Moderate Brexit backers would have wanted a Norway or Switzerland deal.

There is still a long way to go before we get to that from this Switzerland-- deal, but this is the 1st small step on that path.

I don't see being outside the Custom union/single market as hard-line or anything like that. I would typically say it's more moderate.


Those who wanted a clean break/no deal are hard-line/erg types.

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[lawros left foot]

Huge congratulations to all those who voted to leave the EU.


Today is the day you find out what you voted for.

 

[sparkie]

Does anyone still attribute this character with any sensible view? I'm surprised he still has the audacity to air his prehistoric opinions

He's no doubt a little bit worried about what investigations Biden kicks off in the US next year.

 

[sparkie]

I don't see being outside the Custom union/single market as hard-line or anything like that. I would typically say it's more moderate.


Those who wanted a clean break/no deal are hard-line/erg types.

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Yes but we voted to leave the EU only on the ballot paper. We have already done that.

"No one is talking about leaving the single market".

Even Farage was a champion of a Norway deal before the vote.

They betrayed the mandate AFTER the referendum.

 

[Harry Wilson's tackle]

He's no doubt a little bit worried about what investigations Biden kicks off in the US next year.

Trump is busy pardoning crooks at the moment.....

 

[TomandJerry]

Here is PA’s report on the EU granting the UK “national listed status” to continue exporting animal products.

Exports of meat, fish and dairy products to the European Union will be able to continue beyond 1 January after the UK was granted “national listed status”.

The measure means live animals and products of animal origin can be supplied to the EU after Brussels confirmed the UK met health and biosecurity standards.

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[sparkie]

Trump is busy pardoning crooks at the moment.....

Blimey - that is true. I didn't forsee a pardon for Farage.

Let's hope any pardons for co-conspiritors get struck out when the investigations start.

 

[Eeyore]

My first present arrived today. Can I exchange it ? I preferred the older version..

 

[beorhthelm]

You obviously missed my post on equivalence earlier



I'm struggling to see a single area where the EU institutions are at a disadvantage as we seem to have granted equivalence in most areas whilst the EU have granted hardly any (and even some of those are short term).

Maybe you could explain where the 'EU financial institutions are at a disadvantage'.

Thanks

EU institutions, business and citizens will have less access to financial markets, finance and legal experts in London. just as its a disadvantage for general UK business to have restricted access to larger EU market, it would be a disadvantage to restrict access to the larger UK finance market. Institutions here are allowed to freely trade in instruments there, but not vice versa, so an office in London can trade markets in both jurisdictions, a office based in Paris cant - which is more restricted?

its far from ideal, we'll see how much is resolved in recognition of equivalence in coming months. i expect the EU to stand their ground though, except areas like clearing where centralisation is important.

 

[lawros left foot]

JO Morgan’s take on the ‘deal’