Its not inconceivable, everyone has to be in agreement tho. The race to the bottom exists now even with whatever regs are in place.
Brexited | the worst threads live the longest
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In the latest episode of the United Hour Podcast, Nik (@Rood) is joined by CEO Duncan Drasdo and Financial Director Andy Green from the Manchester United Supporters Trust for a special episode on all things behind the scenes at Old Trafford including a brief history of MUST and their aims today, views on INEOS and Sir Jim Ratcliffe so far, and the Old Trafford regeneration.
I thought you ate maltesers for breakfast
It's not inconceivable or unworkable but I don't see the point, what goal is that suppose to achieve? What would be the benefit for Stan? One of the important aspect of tarrifs is that they pay customs costs and unless we decide to just get rid of our relatively high quality standards we will have to monitor and control incoming goods which costs a lot of money.
Yes everyone. "I can do it cheaper" has always existed.
An example was some of the products I was dealing with in the early 2000s - Europe and the USA both decided to put a zero tariff on those products to assist China in their development.
Result - in the USA most of the companies manufacturing those products went bust and quite a few in Europe until they reintroduced tariffs
It's not unworkable or inconceivable if every country in the world is in agreement and everyone abides by the same regulations and everyone was on a fairly even playing field, it works in the EU and there are no customs or duties to pay within the EU.
One of the Davis/Gove/Johnson trio, can't remember which one, said that the tariffs would pay for the increased government investment in the NHS etc but the tariffs are paid by the importer and thus the consumer.
There's no advantage to Stan because someone who can produce it much cheaper somewhere else will undercut him.
Yeah, that's how I see it. What Stanley propose makes sense locally which is why the globe is divided in free trade areas.
we're too sweet for breakfast
Britain set to lose EU ‘crown jewels’ of banking and medicine agencies
https://www.theguardian.com/politics/2017/apr/15/britain-set-to-lose-eu-crown-jewels?
https://www.theguardian.com/politics/2017/apr/15/britain-set-to-lose-eu-crown-jewels?
Can't say I knew either were based here, but that was surely inevitable. Would've thought the parliament and ECJ in Belgium and France are the real 'crown jewels' tbh.
It was especially humerous though because the Express decided to run the story under a tagline of how the EU were 'punishing' Britain. By doing exactly what Leave voters voted for..
Months ago, I read that the EBA being in London was great for the Uk because it made it more vulnerable to lobbying. Do you know anything about that?
EU chooses to house EU institutions in the EU shocker.
Not really tbh. ECB was certainly widely seen as anti-London, resenting so much euro trading being settled in the City though.
Absolute horseshit. You do know the UK did trade with the world before the EU was invented.
You just quoted and bolded a line about a non-EU country not being allowed to compete for EU projects (which is completely true) and called it horseshit because pre-EU we used to trade with people? That was very confusing..
So the policy is utterly stupid, but sure Andy, only rich people drink coffee.
Leave means Leave except when it means Leave
Prior to the EU was invented UK companies couldn't bid to governmental contracts of other countries unless the latter gave consent. I know because we had a similar situation in Malta a few years back. Now every government contract is published outside and any company within the EU can place a bid for it. Once outside the UK, British based companies won't be given that luxury, unless of course, the UK accepts the 4 freedoms
I could be wrong but I think Jippy was trying to say there are a lot of statements of the bleeding obvious at the moment. Everyone knows.
Not got a clue how important they are but happy to post the inevitable consequences of leaving the EU every time they come up.
They will be saying that our MEP's won't be able to vote after we leave Europe next. The English hating European bastards.
Yes on both interrelated counts! How the hell that 'Brexit bill' will ever be agreed without us bending over in the hope of receiving some scraps from the trade table is beyond me.
Brexit could be about to take its second administration.
Wahaaaay, pounds on the rise, Paul will be pleased
More a case of the Dollar on the slide
How about 250 pips gain on the Yen and 200 on the euro?
The election announcement has helped the pound as well but FTSE also suffered biggest loss since the referendum, one goes up the other goes down.
If Le Pen loses the french election, I would expect a rise in the Euro.
Note that Hammond says he welcomed the rise in Sterling whereas before we kept being told the fall in the Pound was good for exports.
I don't expect major changes until we know how Brexit negotiations progress.
The world has changed a lot since then. The UK isn't going to return to pre-EU type trading deals and mechanisms.
Tbf, Hammond was never in the fall camp, I doubt any on the usual suspects Hannan, Farage and ReesMogg would change their tone.
That said, now May will have a chance to have a soft landing rather than a hard one.
That's shortsighted.
She could but as she changes her mind so often, who knows which stance she will take.
The world has, but to pretend that the UK would no longer trade with Europe is disingenuous to say the best.
The market was already down before the announcement tbh- lower iron ore prices weighing on the miners.
@Rado_N I think this is an example of the dull technical points we were talking about earlier, just realised...
Yes part of the reason for the FTSE fall was for the iron ore but also partly because of rise in Sterling, also partly the weakness of USD, quite a few factors today plus a vague possibility of a softer brexit.
The rise in sterling is somewhat counter-intuitive if May has carte blanche for hard Brexit. Currency markets are a bit of a casino.
I suppose you could argue that markets have already priced in the cost of a Hard Brexit and are reckoning on May having a better negotiating position?
Or equally I guess optimistically hoping that she might lose.
Or if she has a larger majority, with lots of lovely soft brexit tories, she doesnt need the hard brexit tories to get it through
She's 1/10 with Paddy Power so that's some optimism.
Can't see how a bigger majority becomes a bargaining chip when convincing Wallonia to let us keep our passporting rights tbh.