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New EU Treaty - a good deal or not?

(841 Posts)
vegansrock Thu 24-Dec-20 07:15:10

I thought this deserved its own thread. This deal is about to be announced and I’ve just heard Farage on the radio claiming it will be sellout. Trying to stir the pot already. Just wondered how it will be spun. There will be a lot of relieved businesses and relief that there is no deal at least.

GrannyGravy13 Sun 27-Dec-20 16:10:41

I understand democracy thank you very much!!!!

GrannyGravy13 Sun 27-Dec-20 16:11:10

That was in reply to growstuff

Whitewavemark2 Sun 27-Dec-20 16:12:51

Interestingly the terms are to be revisited every 5 years, which hilariously complies with the cycle of the commission and parliament. So 2026, just right for the next government.

It is clear that this will continue to figure heavily in political party manifesto’s for decades to come.

Kandinsky Sun 27-Dec-20 16:28:23

I think it’s very sad that some remainers will spend the rest of their lives angry & bitter over leaving the EU.
What a waste of energy.
Leave it to the politicians to argue over every detail ( that’s what they’re paid for ) & just get on with your life ( what’s left of it )
I doubt Michel Barnier worry’s this much about Brexit as some of you lot.

Whitewavemark2 Sun 27-Dec-20 16:29:06

So am I right in thinking this is more or less May’s deal? Give or take?

Apparently the Partnership Councils decision are as I said binding, but what I didn’t appreciate is that U.K. parliament only has the right to be informed.

Urmstongran Sun 27-Dec-20 16:29:58

It's a shame you don't understand what democracy is all about. It's not just about a vote. It's about government of all the people too, not trampling over their rights and feelings

Oh like David Cameron growstuff? He announced his resignation when the Remain vote didn’t go his way.

I remember my husband saying ‘thanks Dave, you obviously weren’t interested in the rest of us!’. Only wanted to be P.M. of those who voted his way.
?

varian Sun 27-Dec-20 16:37:30

Martin Wolf, writing in the FT refers to "A deal to end the Brexit delusions"

After four and a half painful years, we have reached the end of the beginning of Brexit. We have a deal. It is, inevitably, a damaging deal for the British economy compared with remaining inside the EU. But it is far better than the stupidity of no deal. Above all, it maintains a working relationship with the UK’s close neighbours and principal economic partners.

No responsible government would leave mere days for businesses to adjust to the complexities of this new situation. Still less would it do so in the midst of a pandemic. This will remain a foolish and unnecessary divorce. But the reality of Brexit may even bring some benefits.

The EU should already seen some. It would almost certainly have been unable to agree its €750bn pandemic recovery fund if the UK had remained at the table. From now on, the EU will be able to move faster towards its shared objectives.

For the UK, too, Brexit will bring the big benefit of separating reality from delusion.

Some delusions have already disappeared. Brexiters told the country that it would be easy to secure an excellent free trade agreement with the EU, because it held “all the cards”. In fact, it has proved quite hard to do so and the UK has had to make difficult concessions since 2016, notably over the money it owed the EU, the Irish border, and EU demands for a “level playing field”.

www.ft.com/content/63e62ff5-8f06-42ef-8cf1-ecd977862beb

David0205 Sun 27-Dec-20 16:37:42

GrannyGravy13

Nezumi65

Loss of passporting won’t have an immediate impact because British banks have already moved a thousands of jobs to the EU. I suspect more will follow. The slow puncture scenario.

Many European banks have applied for licenses to trade in London also.

The rules on passporting are not known yet because HSB and Santander, both foreign, have not made changes yet, but it doesn’t really make sense for UK banks to have retail accounts overseas.

Nezumi65 Sun 27-Dec-20 16:41:24

Not angry and bitter. We (my family) won’t be affected as much as others and my children and grandchildren can retain EU citizenship and the right to freedom of movement. Just saddened for those who have lost more and sorry that the country will become poorer. Worried for Northern Ireland. Disgusted by the populist narratives that accompany Brexit (& will be with us as those Brexiteers in charge try to sell the new British identity (boak). Those unpleasant narratives have always been around though. They’re just more mainstream now.

Whitewavemark2 Sun 27-Dec-20 16:44:11

varian yes I think that has a good deal of truth.

Whitewavemark2 Sun 27-Dec-20 16:51:24

Unfortunately the populist narrative continues though with the danger of continued division, and a prime minister who lies and who can’t be trusted not to mislead the public.

Lies must be called out, regardless of your party loyalty.

MaizieD Sun 27-Dec-20 16:58:48

^ but it doesn’t really make sense for UK banks to have retail accounts overseas.^

It's not just banks offering retail services in the EU/EEA, though, is it, David0205?

Mamie Sun 27-Dec-20 17:03:57

Actually not all UK banks are closing to migrants in the EU. Ours is fine, I have only heard of a couple ending services.

Whitewavemark2 Sun 27-Dec-20 17:05:25

I can’t see how it meets the Labour red line list though.

MayBee70 Sun 27-Dec-20 17:14:54

I think things have changed now we’re in the middle of a pandemic. A lot of compromises must be made.

Whitewavemark2 Sun 27-Dec-20 17:20:00

I am surprised to hear Sunak talk about the virtues of free ports.

Freeport’s are one of the biggest tax havens in any country, and the ability to evade customs charges, tariffs, tax and VAT will be an absolute gift to unscrupulous people, particularly the ultra wealthy like Sunak.

Freeport’s are also heavily linked to terrorist activities, like gun running, all forms of criminal activity and corruption.

Urmstongran Sun 27-Dec-20 17:23:00

Sunak is very intelligent. If he thinks they’re a good idea I’m with him. Thinking about them is above my pay grade. I know my intellectual limitations.

David0205 Sun 27-Dec-20 17:23:12

MaizieD

^ but it doesn’t really make sense for UK banks to have retail accounts overseas.^

It's not just banks offering retail services in the EU/EEA, though, is it, David0205?

No it isn’t just retail, if banks want to have business customers or share dealing they can get a licence if they want to. For relatively small private accounts probably would not be worthwhile.

Whitewavemark2 Sun 27-Dec-20 17:25:55

Urmstongran

Sunak is very intelligent. If he thinks they’re a good idea I’m with him. Thinking about them is above my pay grade. I know my intellectual limitations.

I expect Sunak will advise you to jump off the nearest pier soon, but could I advise you to think critically and what is in your interest?

Mamie Sun 27-Dec-20 17:42:43

David0205 If you read my post of 1703, you will see that the vast majority are not cancelling our accounts. We have lost Barclaycard after 50 years but the UK bank account is fine.

Nezumi65 Sun 27-Dec-20 17:47:36

I have similar qualifications to Sunak and am unclear why we shut our Freeports in 2012.

MawBe Sun 27-Dec-20 17:47:58

I expect Sunak will advise you to jump off the nearest pier soon, but could I advise you to think critically and what is in your interest?

Don’t be facile

Whitewavemark2 Sun 27-Dec-20 17:52:51

MawBe

^I expect Sunak will advise you to jump off the nearest pier soon, but could I advise you to think critically and what is in your interest?^

Don’t be facile

I would suggest that because you figure Sunak is more intelligent than yourself and you are prepared to believe what he says without apparent criticism is facile, not my reaction to such a comment.

Whitewavemark2 Sun 27-Dec-20 17:55:48

Nezumi65

I have similar qualifications to Sunak and am unclear why we shut our Freeports in 2012.

They had negligible benefit to our economy, but seen as havens of tax avoidance.

varian Sun 27-Dec-20 18:03:17

Urmstongran

Sunak is very intelligent. If he thinks they’re a good idea I’m with him. Thinking about them is above my pay grade. I know my intellectual limitations.

Thank you for admitting that * UG*. So many brexiters are still unaware of their intellectual limitations.