You literally cannot legislate an Article 50 extension, what a fucking dumb idea.
Yeah, but that doesn't actually change anything unless the EU agrees to it first. What parliament should be trying to legislate is to Withdraw Article 50 if there is no deal passed by X number of weeks/days before the deadline. Because they can do that unilaterally. But none of them want to bite the bullet and actually do something that makes sense they just want to look like they are.You have to legally change the exit date, because that date is law. So maybe that's what he means.
Yeah, but that doesn't actually change anything unless the EU agrees to it first. What parliament should be trying to legislate is to Withdraw Article 50 if there is no deal passed by X number of weeks/days before the deadline. Because they can do that unilaterally. But none of them want to bite the bullet and actually do something that makes sense they just want to look like they are.
Probably the same thing. Neither the Tories or Labour want to be seen as the people who "stood against the will of the people" or some dumb shit.The SNP got shat on by everyone when they tried to do this last time round... let's see what happens next time...
massive smuggling of all and everything, massive tax evasion on imports.what would happen if the UK crashes out with no deal on the 31st of October and the UK simply happens to do nothing at all at the Irish border (while probably expecting Ireland / the EU to act first and close the border on their side so that they can then shift the blame entirely onto the EU)?
A (at least for the moment) hypothetical question: At the Macron press conference, Johnson stated that, regardless of what happens, the UK won't have border controls under any circumstances at the Ireland / NI border. I know that this is all posturing and playing the blame game, but what would happen if the UK crashes out with no deal on the 31st of October and the UK simply happens to do nothing at all at the Irish border (while probably expecting Ireland / the EU to act first and close the border on their side so that they can then shift the blame entirely onto the EU)?
Christ, I feel dumber already for merely envisaging that scenario, but here we are...
If the UK does nothing to defend the Irish border, then they can't apply anything to defend the GB border. Not legally anyway. The UK would be in breach of WTO commitments from day one. An open border is an open border.
This is correct though I think the word 'defend' is probably a bit confusing! My understanding is that without actual trade deals in place, we'd have no legal way to discriminate on what products are being brought into the country. If we allow imports from the EU with no tariffs, we'd have to apply the same to all imports from all areas. With an open border in Northern Ireland, neither the UK market or the EU market has integrity.
A (at least for the moment) hypothetical question: At the Macron press conference, Johnson stated that, regardless of what happens, the UK won't have border controls under any circumstances at the Ireland / NI border. I know that this is all posturing and playing the blame game, but what would happen if the UK crashes out with no deal on the 31st of October and the UK simply happens to do nothing at all at the Irish border (while probably expecting Ireland / the EU to act first and close the border on their side so that they can then shift the blame entirely onto the EU)?
Christ, I feel dumber already for merely envisaging that scenario, but here we are...
Hate to pull the 4D chess stuff, but Macron knew exactly what he was doing.
It's less about pleasing remainers and more about creating an image for Boris and himself. Impulsive people are easy to take advantage of and Macron has already shown a penchant for that kind of stuff (see his interactions with Trump)."Here you are Boris, stick your foot up on that. Ian Dunt's going to love it".
It's less about pleasing remainers and more about creating an image for Boris and himself. Impulsive people are easy to take advantage of and Macron has already shown a penchant for that kind of stuff (see his interactions with Trump).
Again, I'm not a fan of this MASTER STRATEGIST line of thinking, but it's a very Macronesque thing to do.
It's less about pleasing remainers and more about creating an image for Boris and himself. Impulsive people are easy to take advantage of and Macron has already shown a penchant for that kind of stuff (see his interactions with Trump).
Again, I'm not a fan of this MASTER STRATEGIST line of thinking, but it's a very Macronesque thing to do.
Hasbro, the US toymaker behind My Little Pony and Play-Doh, has snapped up the Peppa Pig owner Entertainment One in a £3.3bn takeover.
Earlier this week Hong Kong's richest family bought the 220-year old pub and beer company Greene King in a £4.6bn deal. Last month the US private equity group Advent International agreed a £4bn buyout of the UK aerospace and defence supplier Cobham and the Netherlands-based Takeaway.com agreed a £5bn takeover of the UK-listed food delivery rival Just Eat. In June, Merlin, which operates attractions including Alton Towers, Madame Tussauds and Legoland, was taken private by a consortium including the family that controls the Lego toymaking empire.
And, as the Daily Telegraph (paywall) is reporting this morning, even if Johnson were to find an alternative to the backstop acceptable to the EU, Tory Brexiters are telling him that that would not be enough to persuade them to vote for the withdrawal agreement because there are other aspects of it that they want to change
It's a shame that Macron seems to be a bit shit domestically, because I like what he's doing on the international stage.
When I say "because of brexit", I quite literally mean because you can now buy UK companies at firesale prices due to the weak pound.Cobham is a biggie. It's super entrenched in the defence sector and their products are all over the world. I don't think it's related to Brexit, but the weak pound may have helped.
It's one of the things that make me wonder if half of the hardcore leavers among the Tories are bluffing. Disaster capitalism may be tempting, but there's a chance that the damage may be too extense. The manufacturing base would be ravaged, but even large management firms could be hit much harder than anticipated if the pound tanks.When I say "because of brexit", I quite literally mean because you can now buy UK companies at firesale prices due to the weak pound.
Happened a lot right after the Brexit vote too.
So I see Boris is saying to the us to stop the tariffs on China and visa versa like they will listen to him when he literally has no cards
Honestly this feels exactly like the sort of thing from exactly the sort of person Trump would actually listen to and change his mind from.
Brexit has turned into a hostage situation. Boris Johnson is the kidnapper, Ireland is the captive and the backstop is the ransom. The British message to the EU is, "Drop the backstop or we'll kill the hostage in a no-deal shootout". Doubtless the UK could inflict much harm on Ireland, particularly in agriculture: near 70 per cent of UK beef imports come from Ireland, for example. And crashing out could badly interrupt Ireland's global supply chain. Nearly half of the 475,000 Irish freight containers of cargo per year going through British ports go to the EU. That said, the Irish economy is much less dependent on the UK than many Brexiters imagine.
Here they are. In 1953, when Winston Churchill was prime minister for the last time, 91 per cent of Irish exports went to the UK. Today, that figure is 11 per cent and falling.
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Today, Irish firms in the UK employ more people than UK firms in Ireland.
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Today, little Ireland remains the UK's fifth largest export market. Britain exports more to Ireland than it does to China with its population of 1.4bn. Furthermore, the UK runs a large trade surplus with Ireland — in fact, its second-largest trade surplus after the US. Strangling Ireland would hurt UK business much more than the other way around.
Ireland buys more from Britain because Ireland is much richer. Rich people buy stuff. On a conservative estimate, the Irish are now over 25 per cent richer than their UK counterparts. Irish income per capita rose from €13,934 in 1995 to €40,655 in 2018 — growth of 192 per cent. In contrast, UK income per capita rose from £21,716 in 1995 to £30,594 in 2018 — growth of roughly 41 per cent. Ireland is growing nearly five times faster than the UK every year.
This export-orientation ensured that Ireland is today a formidable trading machine. Based on the most recent data, the value of all goods and services exports per employed person in Ireland was €126,630 per year, compared to just €17,627 in the UK. Total trade in Ireland was 178 per cent of Ireland's gross domestic product, which was significantly higher than the EU overall (77 per cent) and the UK (54 per cent). If there is a Singapore of Europe, it wears green not red, white and blue.
Ireland can't stop the UK if it intends to go down this route, but the EU single market and customs union are far more important for us. We understand the yearning for sovereignty, identity and independence, believe me. But just one piece of advice: the first 70 years are the hardest, after that it gets easier.
A pretty ruthless splash of cold water in the FT, for those brexiteers thinking Ireland can easily be brought to heel... with some eye watering stats on how Ireland has transformed and decoupled from the UK since joining the EU.