The Brexit Thread

[diggedy derek]

Voting twice for Boris Johnson as London mayor is in no way something to boast about, or even admit in intelligent company.

[ursus arctos]

That's a difficult question to answer quickly.

A starting point would be that they generally aren't retail, but are directed at corporates, investment funds, other financial institutions and high net worth individuals.

City rather than high street

[DCI Harry Batt]

A finding of equivalence by the EU will be needed in order for UK firms to continue to offer many financial services to the Union from the UK after 1 January.

So it's a financial services thing. Ta.

What are financial services, by the way? I realise I dont' really know what services are being sold into the EU.

[Toby Gymshorts]

[Evariste Euler Gauss]

Why would I click through when the visible excerpt includes the statement "I voted for him twice as London mayor"? That's all I need to know I am bound to agree with Nef on this one.

[gt3]

Nef's appropriately extensive analysis is fully correct.

Nef has played a blinder on this thread. Thank you Nefertiti2

[wingco]

Nef's appropriately extensive analysis is fully correct.

[Gangster Octopus]

So, someone to ignore. Ta.

[Nefertiti2]

He was (and still is) Tony Blair's chief cheerleader in the Independent. Used to be at the new Statesman. probably still thinks of himself as Centre Left.

[Gangster Octopus]

Is he yet another of these right-wing journos who I never heard of and everyone else on here keeps posting links to for no apparent reason?

[Nefertiti2]

Rentoul is a cunt.

[Diable Rouge]

John Rentoul appropriately writing for the Spectator:

https://twitter.com/JohnRentoul/status/1342856852216930304

[ursus arctos]

A finding of equivalence by the EU will be needed in order for UK firms to continue to offer many financial services to the Union from the UK after 1 January.

[DCI Harry Batt]

What does that mean, the equivalence thing?

[ursus arctos]

Oh

That would explain the lack of guidance

[Ginger Yellow]

No equivalence decision:

The Commission has assessed the UK's replies to the Commission's equivalence questionnaires in 28 areas. A series of further clarifications will be needed, in particular regarding how the UK will diverge from EU frameworks after 31 December, how it will use its supervisory discretion regarding EU firms and how the UK's temporary regimes will affect EU firms. For these reasons, the Commission cannot finalise its assessment of the UK's equivalence in the 28 areas and therefore will not take decisions at this point in time.

[Lang Spoon]

A triumph!

[Belhaven]

So, if I have got this right, tariffs are removed from products Britain will have to import from the EU (principally food), but not from the UK's one big export sector (financial services).

[Diable Rouge]

Some light Stephen's Day reading:

https://twitter.com/MichelBarnier/status/1342763875847045122

[Eggchaser]

the Spectator

https://twitter.com/afneil/status/1342233377454305287?s=20

Nice bit of Yellow Peril for the 20s.

[Diable Rouge]

As will Erasmus for NI students:

https://www.bbc.com/news/uk-northern-ireland-55442685

[Moonlight Shadow]

One bit of positive, EHIC will carry on...

[Patrick Thistle]

Can't have them knowing what it's like elsewhere

that's just for the poshos

https://twitter.com/NaomiOhReally/status/1342125765987627012?s=20

And another way the UK government shows itself to not care about the other nations in this toxic "union"

https://twitter.com/Feorlean/status/1342252818846113795?s=19

[Nefertiti2]

the Spectator

https://twitter.com/afneil/status/1342233377454305287?s=20

[Nefertiti2]

Most of the early commentary suggests the EU has little cause for complaint, so if Johnson wants to celebrate a "win", that's his own affair.

It's not his own affair- it's ours.

if you think that the far-right racist (and anti irish) politics will stop when people realsie they've been cheated you've another think coming.

this won't stop.

https://twitter.com/SteveNickSmith/status/1342233818657415169?s=20

The far right have discovered they can get away with anything

And they will

Ps Starmer is a moron

https://twitter.com/lowles_nick/status/1342238178229551108?s=20