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Cliff Edge anyone?

(1001 Posts)
whitewave Fri 30-Jun-17 07:31:33

This term gets bandied about in relation to Brexit without any of the consequences attached to it.

I have just done some research/ reading and thought it was time we all had the opportunity to discuss what exactly a "cliff edge Brexit" means and whether it can be taken seriously as a "no deal is better than a bad deal" deal.

So talks have failed and our government decides to go it alone.

It is day one of Britains great adventure

We have no trade deals with the EU or the rest of the world.
The economy goes into recession
We now have in front of us several years of negotiating trade deals both with our potentially biggest customer -Europe and the rest of the World.
Countries like Argentina and others that bear a grudge will block any dealings with the WTO.
Getting exports to Europe will become an absolute nightmare, as even if we have successfully arranged our borders for a post Brexit scenario, Europe has only just begun to get their border controls in place for the flow of goods to and from the UK.
The SE becomes a huge lorry park as good stand waiting to be processed. There is a potential for shortages to occur- particularly in relation to food, as there is only one port in Europe that is set up to deal with this commodity, and that is not yet functioning.
Issues like "country of origin" causes complete chaos for business and everything becomes a bureaucratic nightmare.
Flights are delayed/cancelled until the UK can do its own deals with regard to flight rights.
And of course as we have read only recently, nuclear material will dry up, threatening cancer and other treatment.

References are available on request????

daphnedill Wed 05-Jul-17 22:07:23

Big business does want to stay in the EU. The businesses which want to leave are hedge fund managers and insurance companies, etc, which many people would claim aren't businesses at all, because they aren't manufacturers. The reason they want to leave is because the EU is more committed to closing down tax loopholes than the UK.

whitewave Wed 05-Jul-17 20:53:04

Daily Express a strong leave supporter had an article about Brexit and talked about If the UK leaves

The EU apparently had a meeting and agrèed that the UK would be welcomed back when/if it changes it mind.

durhamjen Wed 05-Jul-17 17:03:52

Yes, Tegan.
A million+ jobs in transport, and 44% of exports going to EU.
A big gap to fill.

Tegan2 Wed 05-Jul-17 16:59:24

I still have the leave campaign leaflet saying that Nissan supported them.I thought the company were going to take them to court over it? Still can't get over the shock and disbelief when Sunderland voted leave.

Welshwife Wed 05-Jul-17 16:49:07

The honest tax paying ones do want to stay!

Welshwife Wed 05-Jul-17 16:46:18

Just so depressing when you think where it is likely to lead for al the young families.

petra Wed 05-Jul-17 16:45:35

^another reason why big business wants out of the eu*
I'm sure I read somewhere on here that it was exactly the opposite. I.e. That big business wanted to stay in the eu.
I must have read the many posts wrong.

whitewave Wed 05-Jul-17 16:43:52

The screws are gradually turning

Welshwife Wed 05-Jul-17 16:41:09

Two other things today - Peugeot have been the go ahead for the take over of Opel/Vauxhall and Japan and the EU have agreed to fee trade deal. No need for Nissan or Honda to keep UK factories open any longer - they will no doubt do as they say and continue to honour the current contracts. Plus of course this will impact on the parts suppliers.
Canada is also talking again of a trade deal.

durhamjen Wed 05-Jul-17 16:11:38

The EU has now adopted country by country reporting on tax for multi-national companies.

www.eureporter.co/frontpage/2017/07/04/country-by-country-reporting-increased-tax-transparency-without-jeopardizing-competitiveness/

Another reason why big business wants out of the EU?

whitewave Wed 05-Jul-17 13:51:22

Anyone heard of the " International Investment Law"?

Apparently it is being used to allow foreign investors to sue the U.K. government over loss of income because of Brexit.

GillT57 Tue 04-Jul-17 18:58:59

Varian agree with your comments. On QT there seems to be quite a few of the swivel-eyed lunatics. My DM has a friend who voted Brexit to 'keep the foreigners out'. This is someone who has a DiL, a lovely Fillipino girl, stuck back in the Phillipines unable to join her husband.....oh the irony. I could never figure out why Farage was a hero to so many, he admitted taking allowances and not attending the meetings that he was paid to attend, why would anyone, ever, think this was something to be applauded? Fools. There must surely be grounds to reverse this bloody madness, it was based on lies and deliberate misinformation, any other contractual agreement would be declared null and void.

devongirl Tue 04-Jul-17 16:07:11

I really fear that it's going to happen too late sad

varian Tue 04-Jul-17 16:02:58

loopyloo says she thinks brexit makes sense because the EU has problems. Of course it has problems but we are in a much better position as members to address these issues and help solve problems.

I find that leave-voters who still attempts to justify leaving do so for the flimsiest of reasons. I'm not talking about the swivel-eyed angry brexiters who seem to belong to some deranged cult. I don't suggest loopyloo is one of these.

She seems more like my leave-voting friend who made up her mind because she thinks too much EU money is wasted on mismanagement and corruption and cites in particular the staggering amount raked in by Nigel Farage -that's right the same NF who stirred up this mess.

My friend claims he made millions and hardly ever even turned up and she's right but that seems like the worst reason for her to support him. I hope as things unfold she will begin to see sense as so many are now beginning to do.

Welshwife Tue 04-Jul-17 15:42:02

It was a topic on the health debate on Parliament channel - number of UK doctors being trained and those from EU and the rest of the world.

whitewave Tue 04-Jul-17 14:47:43

Guardian report shows Hunt holding a paper on the way to cabinet which includes the heading "hard Brexit will mean people fleeing the UK"

Presumably he is interested because of the NHS.

whitewave Tue 04-Jul-17 13:35:53

tegan not sure any of them are either competent of give anyone any confidence.

The City and service industry have given up and decided to negotiate on their own, and manufacturing etc are getting really concerned at the lack of any action or information.

Tegan2 Tue 04-Jul-17 13:24:53

So, of all of the leavers who is actually doing anything positive, other than slimy Gove who is positively trying to ruin our relationship with Ireland at the same time as wiping out fish stocks [which probably wouldn't even exist now were it not for EU regulations].

whitewave Tue 04-Jul-17 13:12:45

It really is bizarre. So Dominic Cummings was the official Leave campaign director has now said that the referendum was a mistake.

What a mistake a to make a!!!!!!!

Bloody fool.

Tegan2 Tue 04-Jul-17 11:49:35

Maizie; I've just read that. I don't know how he sleeps at night. Maybe he should spearhead a campaign [free of charge] to scrap brexit. It was a very clever campaign, full of meaningless soundbites that the remain campaign couldn't hope to compete with. Vote remain; you know it makes sense sort of stuff could never compete with 'take back control' etc sad.

whitewave Tue 04-Jul-17 10:28:07

Manufacturing - lack of clarity by the government is forcing the manufacturers to make painful cuts. This warning given by the Engineering Employers Federation.

CBI alarmed at the slow pace over how to ensure economic stability.

Business Leaders extremely concerned over governments apparent inability to outline how to retain access to European markets and employees. This is already beginning to hold back growth and likely to become critical.

This complete lack of clarity means that business is unable to forward plan with any confidence.

Scuoler - the EEF - chief executive, said that the situation if not addressed soon will be as tragic as it is harmful.

Domestic demand is falling,

Exports are weak despite the fall in sterling.

Growth is declining.

MaizieD Tue 04-Jul-17 10:08:18

In yet another bizarre twist the organiser of the Leave Campaign, Dominic Cummings, has said this on twitter:

odysseanproject‏
@odysseanproject
Following
More
Replying to @davidallengreen
Lots! I said before REF was dumb idea, other things shdve been tried 1st. In some possible branches of the future leaving will be an error
2:01 PM - 3 Jul 2017

He's the one who also admitted that the £350 million a week to the EU was the lie that won it for the Leavers.

MaizieD Tue 04-Jul-17 10:04:07

loopyloo

As just about every economics 'expert', which includes the Governor of the Bank of England, the UK Treasury department, the IFS and countless others, says that Brexit is going to make the country immeasurably poorer (and recovery, if it happens at all, could take decades) how does it make any sense at all?

Especially as we already have Parliamentary sovereignty and Parliament does make its own rules. this is what it makes rules about:

-Health policy. Education. Fiscal policy. Public expenditure. Monetary policy. Income tax. Corporation tax. Capital gains tax. Inheritance tax. Border control and security. Non-EU immigration. Pensions. Welfare. Foreign policy decisions. Defence. Military Intelligence. Development cooperation and humanitarian aid. All local government. National policing. Crime. Media and press regulation. Family law. Property law and succession of estates.

It's nothing at all to do with democracy. You do realise, don't you, that if we do leave the EU and make trade deals with other countries there will still be 'rules' imposed on the UK which aren't actually 'made' by the UK. This is a part of trading with the outside world.

daphnedill Tue 04-Jul-17 09:55:24

In what ways does Brexit make a lot of sense loopyloo?

I'm seeing a lot of nonsense and chaos.

Democracy is about more than putting a cross in a box on one particular day. Democracy in the UK is increasingly being undermined. People are becoming aware that the UK has always made its own rules.

Cindersdad Tue 04-Jul-17 09:52:16

Whitewave - I do so hope that you are right and that the timorous majority will not wait until it is too late.

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