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City's access to eu in question
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By (user no longer on site) OP
over a year ago
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Theresa May’s plan to secure London’s place as Europe’s financial services capital after Brexit will suffer a serious setback on Wednesday when Brussels and Paris are to publicly rebuff her proposals to maintain the City’s access to the EU single market.
What dose people think ? |
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What was it the EU has said since day one...
No access to the single market without accepting single market rules, and that includes free movement of labour...
How many times have the EU repeated this?
The Maybot and the Tory and Kipper brexiteers keep saying that in a negotiation both sides have to make compromises. Seems they still have not worked out this is not a negotiation. We have triggered article 50, we are leaving the EU at midnight on the 28th March 2019 and unless the EU decide to give us something (anything) at 00.01 on the 29th March 2019 we are out, our aircraft are grounded, our financial, banking and pharmaceutical industries access to the EU stop and all other UK good and services that we supply to the EU become goods and services supplied by a third country and subject to EU import duties and are governed by WTO rules.
I expect shortly after we are out we will find that what most of us have suffered over the last 8 years of Tory ideological austerity will pale into insignificance as UKPLC (how the tories love to call our country that) gets placed into the hands of KPMG, Deloittes, Ernst Young and PWC (after all they will all want a bit of the cake) to oversee the fire-sale of whatever is left of the British economy. Of course Trump starting a trade war now will just help to further weaken what is left of our economy so that in 15 to 18 months time (after the Maybot and her cronies have done their worst) Donny's mates will be able to buy up everything at even lower prices than they would have had to pay if he did not fuck up the world economy.
I think a perfect storm is coming our way. |
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Its the same problem for the Tories as its always been in these negotiations. They have no leverage to get what they want.
Being out of the EU cant have the same benefits of being in. The exact same way as being in any club or group cant give the benefits of members to non members. Companies dont gove health and pension benefits to their suppliers or customers, even if someone is both.
A no deal situation disproportionately hurts the UK. The UK has nothing to trade with the EU to get financial services their passporting rights. |
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"What was it the EU has said since day one...
No access to the single market without accepting single market rules, and that includes free movement of labour...
How many times have the EU repeated this?
The Maybot and the Tory and Kipper brexiteers keep saying that in a negotiation both sides have to make compromises. Seems they still have not worked out this is not a negotiation. We have triggered article 50, we are leaving the EU at midnight on the 28th March 2019 and unless the EU decide to give us something (anything) at 00.01 on the 29th March 2019 we are out, our aircraft are grounded, our financial, banking and pharmaceutical industries access to the EU stop and all other UK good and services that we supply to the EU become goods and services supplied by a third country and subject to EU import duties and are governed by WTO rules.
I expect shortly after we are out we will find that what most of us have suffered over the last 8 years of Tory ideological austerity will pale into insignificance as UKPLC (how the tories love to call our country that) gets placed into the hands of KPMG, Deloittes, Ernst Young and PWC (after all they will all want a bit of the cake) to oversee the fire-sale of whatever is left of the British economy. Of course Trump starting a trade war now will just help to further weaken what is left of our economy so that in 15 to 18 months time (after the Maybot and her cronies have done their worst) Donny's mates will be able to buy up everything at even lower prices than they would have had to pay if he did not fuck up the world economy.
I think a perfect storm is coming our way."
Nasty old Tories, have they not kept you to the manner you’re a coustemed too. |
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"
Nasty old Tories, have they not kept you to the manner you’re a coustemed too. "
Whats the point of a government that puts its citizens in increasingly worse positions?
I recognise glib statements and fantasy are all thats left for Brexiters. But that should be an indicator that its the wrong choice |
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"
Nasty old Tories, have they not kept you to the manner you’re a coustemed too.
Whats the point of a government that puts its citizens in increasingly worse positions?
I recognise glib statements and fantasy are all thats left for Brexiters. But that should be an indicator that its the wrong choice"
“Puts its citizens in worse positions” Depends on what your circumstances are, personally I’ve been worse off under Labour governments. |
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By *LCCCouple
over a year ago
Cambridge |
We are a services based economy, and are leaving the world's largest trading block that includes services, so we can make trade deals which don't include services with other countries. |
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By *ercuryMan
over a year ago
Grantham |
"We are a services based economy, and are leaving the world's largest trading block that includes services, so we can make trade deals which don't include services with other countries. "
Didn't the EU ask for "ambitious financial services cooperation" as part of "more than your average free trade deal" as part of their EU-USA TTIP deal? |
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"“Puts its citizens in worse positions” Depends on what your circumstances are, personally I’ve been worse off under Labour governments.
When? And how?
And those are serious questions."
Why do you need to know? We all look for different things from our governments, labour government wasn’t good for me but if you read my post I did say “ personally”. I’ve got no problem with people who vote Labour( or any party) if that’s what’s good for them and I’d never question someone’s motives for doing so. |
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By *LCCCouple
over a year ago
Cambridge |
"We are a services based economy, and are leaving the world's largest trading block that includes services, so we can make trade deals which don't include services with other countries.
Didn't the EU ask for "ambitious financial services cooperation" as part of "more than your average free trade deal" as part of their EU-USA TTIP deal?"
And what's the status of that deal? |
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"We are a services based economy, and are leaving the world's largest trading block that includes services, so we can make trade deals which don't include services with other countries.
Didn't the EU ask for "ambitious financial services cooperation" as part of "more than your average free trade deal" as part of their EU-USA TTIP deal?"
Yes they did, so the EU's posturing over this in the Brexit talks is frankly bullshit. |
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"Theresa May’s plan to secure London’s place as Europe’s financial services capital after Brexit will suffer a serious setback on Wednesday when Brussels and Paris are to publicly rebuff her proposals to maintain the City’s access to the EU single market.
What dose people think ? "
Every country In the world has 'access' to the EU and the single market. It's just a matter of what the terms are and to what degree that 'access' entails. |
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"
Nasty old Tories, have they not kept you to the manner you’re a coustemed too.
Whats the point of a government that puts its citizens in increasingly worse positions?
"
In case you forgot the people of the UK voted for Brexit, the government are delivering on the EU referendum result and delivering what the people voted for.
What's the point of a government who ignore the will of the people and who ignore the wishes of its citizens. |
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By *ara JTV/TS
over a year ago
Bristol East |
"Theresa May’s plan to secure London’s place as Europe’s financial services capital after Brexit will suffer a serious setback on Wednesday when Brussels and Paris are to publicly rebuff her proposals to maintain the City’s access to the EU single market.
What dose people think ? "
The UK, including its financial sector, leaves the EU.
So Frankfurt and Paris see an opportunity to replace London as the financial centre of the EU.
I'm surprised that anyone is surprised.
Cue lots of howling from the rabid Brexiteers - over half the funds of the Tory Party come from sources in the city of London, so they need to keep their paymasters happy.
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By *oi_LucyCouple
over a year ago
Barbados |
"We are a services based economy, and are leaving the world's largest trading block that includes services, so we can make trade deals which don't include services with other countries.
Didn't the EU ask for "ambitious financial services cooperation" as part of "more than your average free trade deal" as part of their EU-USA TTIP deal?"
The TTIP? The massive secret bilateral trade deal whose contents no-one knows apart from leaked snippets. The deal that was initially proposed in the 90s and so far taken at least 6 years to negotiate. The deal the Trump decided to just walk away from mid-negotiation, thus pretty much killing it.
Yeah, good one.
-Matt |
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By *oo hotCouple
over a year ago
North West |
Remember folks that your typical Brexiter is actually hoping and praying for an economic crash and burn so that all aspects of the economy as we know it will be destroyed. To them, we are in conflict with the EU and no true conflict comes without destruction and chaos. Most Brexiters are ok with the collateral damage that it will cause to the most vulnerable, just as long as the “Liberal Elite” are given a bloody nose.....
This is why economic stories about Airbus, Vauxhall, Ryanair and others are not scorned, but openly welcomed - they actually want the catastrophe. |
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By *ara JTV/TS
over a year ago
Bristol East |
"Remember folks that your typical Brexiter is actually hoping and praying for an economic crash and burn so that all aspects of the economy as we know it will be destroyed. To them, we are in conflict with the EU and no true conflict comes without destruction and chaos. Most Brexiters are ok with the collateral damage that it will cause to the most vulnerable, just as long as the “Liberal Elite” are given a bloody nose.....
This is why economic stories about Airbus, Vauxhall, Ryanair and others are not scorned, but openly welcomed - they actually want the catastrophe."
Government is littered with fiascos caused by policy being driven by ideology rather than evidence. Brexit is perhaps the most calamitous in a long line.
Ryanair's Michael O'Leary:
"I think it's in our interests - not for a long period of time - that the aircraft are grounded. It's only when you get to that stage where you're going to persuade the average British voter that you were lied to in the entire Brexit debate.
"You were promised you could leave the EU and everything would stay the same. The reality is you can leave the EU, yes that's your choice, but everything will fundamentally change.
"When you begin to realise that you're no longer going to have cheap holidays in Portugal or Spain or Italy, you've got to drive to Scotland or get a ferry to Ireland as your only holiday options, maybe we'll begin to rethink the whole Brexit debate. They were misled and I think we have to create an opportunity." |
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By *LCCCouple
over a year ago
Cambridge |
"Theresa May’s plan to secure London’s place as Europe’s financial services capital after Brexit will suffer a serious setback on Wednesday when Brussels and Paris are to publicly rebuff her proposals to maintain the City’s access to the EU single market.
What dose people think ?
Every country In the world has 'access' to the EU and the single market. It's just a matter of what the terms are and to what degree that 'access' entails. "
Exactly, that phrase should be banned. |
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"Remember folks that your typical Brexiter is actually hoping and praying for an economic crash and burn so that all aspects of the economy as we know it will be destroyed. To them, we are in conflict with the EU and no true conflict comes without destruction and chaos. Most Brexiters are ok with the collateral damage that it will cause to the most vulnerable, just as long as the “Liberal Elite” are given a bloody nose.....
This is why economic stories about Airbus, Vauxhall, Ryanair and others are not scorned, but openly welcomed - they actually want the catastrophe.
Government is littered with fiascos caused by policy being driven by ideology rather than evidence. Brexit is perhaps the most calamitous in a long line.
Ryanair's Michael O'Leary:
"I think it's in our interests - not for a long period of time - that the aircraft are grounded. It's only when you get to that stage where you're going to persuade the average British voter that you were lied to in the entire Brexit debate.
"You were promised you could leave the EU and everything would stay the same. The reality is you can leave the EU, yes that's your choice, but everything will fundamentally change.
"When you begin to realise that you're no longer going to have cheap holidays in Portugal or Spain or Italy, you've got to drive to Scotland or get a ferry to Ireland as your only holiday options, maybe we'll begin to rethink the whole Brexit debate. They were misled and I think we have to create an opportunity.""
"Only holiday options". I'm pretty sure there are plenty of holiday options outside of the EU. |
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By *abioMan
over a year ago
Newcastle and Gateshead |
"
"Only holiday options". I'm pretty sure there are plenty of holiday options outside of the EU. "
but without "open skies"..... because airlines set their schedules are set 12 months in advance.... if nothing as agreed by the end of the month.... airlines won't be able to in reality set schedules for flights from april 19 onwards.... because for example you won't know how many slots british carriers will have over EU airspace.....
for example... the US has already said they will give UK carriers less slots to fly to the US, which is going to push up prices... |
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By *ustJ0dieTV/TS
over a year ago
Burton-on-Trent |
"
"Only holiday options". I'm pretty sure there are plenty of holiday options outside of the EU.
but without "open skies"..... because airlines set their schedules are set 12 months in advance.... if nothing as agreed by the end of the month.... airlines won't be able to in reality set schedules for flights from april 19 onwards.... because for example you won't know how many slots british carriers will have over EU airspace.....
for example... the US has already said they will give UK carriers less slots to fly to the US, which is going to push up prices..."
Damn you and your facts! What about wishy thinking and belief??? |
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By (user no longer on site)
over a year ago
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"
"Only holiday options". I'm pretty sure there are plenty of holiday options outside of the EU.
but without "open skies"..... because airlines set their schedules are set 12 months in advance.... if nothing as agreed by the end of the month.... airlines won't be able to in reality set schedules for flights from april 19 onwards.... because for example you won't know how many slots british carriers will have over EU airspace.....
for example... the US has already said they will give UK carriers less slots to fly to the US, which is going to push up prices..."
Well it could affect a few people on here! No flights to hedo, mirage, cap & desire - some you can drive to - But then IDP required. Are there going to be issues with ferries? |
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The conservatives have misled the public and possibly themselves, they are so deluded. The stupid lot, such as boris and Davis, saying how easy it was going to be get an agreement that would be great for the UK, were deluding everyone - how could it possibly have worked that way,from a position of weakness!
The EU has been perfectly clear and have stuck to their side of the agreement but the UK government hasn't.
Any deal has to get complete agreement from 27 other countries. It's more likely that the negotiating power of the 27 is stronger than the half-baked UK Addams family lookalikes in May's government. |
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Of course it is possible to get agreements between UK and EU but its likely to take a lot longer than the remaining time left before official Brexit because of the technical and political difficulties - that means either a longer transition period is agreed, or we crash out with few arrangements in place or UK parliament vote to reject the 'deal' - it is possible that Article 50 could be revoked right up until the last minute. |
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By (user no longer on site) OP
over a year ago
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I don't think the eu want financial services to survive in London ,
Even if it leads to uk crashing out ,
if financial services are restricted they move some will move to Europe this big win uk loss europe gain ,
If they move to new York uk loose
That's good too it shows any other country that thinks they can leave it's not going to be good for them either ,
UK said by leaving the eu that it would be good for fishing industry ,you would get back control of uk waters ,
Eu says unless eu boats fish uk waters we put so much tariffs on your fish coming into the eu you won't have a market ,
Brexit from top to bottom was never taught through ,
|
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"I don't think the eu want financial services to survive in London ,
Even if it leads to uk crashing out ,
if financial services are restricted they move some will move to Europe this big win uk loss europe gain ,
If they move to new York uk loose
That's good too it shows any other country that thinks they can leave it's not going to be good for them either ,
UK said by leaving the eu that it would be good for fishing industry ,you would get back control of uk waters ,
Eu says unless eu boats fish uk waters we put so much tariffs on your fish coming into the eu you won't have a market ,
Brexit from top to bottom was never taught through ,
"
The financial services wont be able to operate from New York. They'll have to move to EU cities like Frankfurt, Paris and Dublin. The US doesnt have passport rights. The financial services will more than offset any losses from a no deal scenario. |
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By (user no longer on site)
over a year ago
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"
UK said by leaving the eu that it would be good for fishing industry ,you would get back control of uk waters ,
Eu says unless eu boats fish uk waters we put so much tariffs on your fish coming into the eu you won't have a market ,
"
Is this the EU version of Free Trade? |
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"I don't think the eu want financial services to survive in London ,
Even if it leads to uk crashing out ,
if financial services are restricted they move some will move to Europe this big win uk loss europe gain ,
If they move to new York uk loose
That's good too it shows any other country that thinks they can leave it's not going to be good for them either ,
UK said by leaving the eu that it would be good for fishing industry ,you would get back control of uk waters ,
Eu says unless eu boats fish uk waters we put so much tariffs on your fish coming into the eu you won't have a market ,
Brexit from top to bottom was never taught through ,
"
I suggest you go educate yourself an listen to chancellor of the exchequer Philip Hammond's (who is a remainer btw) speech about this yesterday. I think he addressed pretty much every point you raised there. The EU won't benefit as Hammond said yesterday any financial services that could potentially leave the UK would go to New York, Singapore or Hong Kong. Also the UK knows the EU tried to include financial services in the TTIP trade deal with the USA because UK officials worked on it hand in glove with the EU over past years. Like I said, go listen to Hammond's speech. |
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By *oo hotCouple
over a year ago
North West |
Hammond toed the Party line. Ultimately it is not going to happen.
The illusion of a “deal” has always been just that - an illusion.
Services is one of the four freedoms and as has been stated consistently from day 1 - the EU will not accept cherry picking.
Despite what has been said by many Brexiters about the U.K. holding all the cards and having a strong hand. This is just not correct. May has completely boxed herself in by immaturely red lining too many issues from day 1. As a result she is now fucked. |
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By (user no longer on site)
over a year ago
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"Hammond toed the Party line. Ultimately it is not going to happen.
The illusion of a “deal” has always been just that - an illusion.
Services is one of the four freedoms and as has been stated consistently from day 1 - the EU will not accept cherry picking.
Despite what has been said by many Brexiters about the U.K. holding all the cards and having a strong hand. This is just not correct. May has completely boxed herself in by immaturely red lining too many issues from day 1. As a result she is now fucked. "
It would of been wise for the whole country to read the book "Adults in the room". It's a big read, but it just summarises what it's like to go up against the EU. It's not nice and it's not right, but the fact of life is they don't back down! Having said that there is always a first? Time will tell. |
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"I don't think the eu want financial services to survive in London ,
Even if it leads to uk crashing out ,
if financial services are restricted they move some will move to Europe this big win uk loss europe gain ,
If they move to new York uk loose
That's good too it shows any other country that thinks they can leave it's not going to be good for them either ,
UK said by leaving the eu that it would be good for fishing industry ,you would get back control of uk waters ,
Eu says unless eu boats fish uk waters we put so much tariffs on your fish coming into the eu you won't have a market ,
Brexit from top to bottom was never taught through ,
I suggest you go educate yourself an listen to chancellor of the exchequer Philip Hammond's (who is a remainer btw) speech about this yesterday. I think he addressed pretty much every point you raised there. The EU won't benefit as Hammond said yesterday any financial services that could potentially leave the UK would go to New York, Singapore or Hong Kong. Also the UK knows the EU tried to include financial services in the TTIP trade deal with the USA because UK officials worked on it hand in glove with the EU over past years. Like I said, go listen to Hammond's speech. "
Financial services that leave the UK will go to the US and Asia?
And how would that be any benefit since those places are also outside the EU and have no passport rights?
And arent you forgetting that the financial services have already laid out their plans and have already said they'd be moving to the EU. Course you have because that proves what nonsense it is. |
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