Britain outside the EU

[1andrew1]

Another Brexit benefit for our competitors found.

London has lost its rank as Europe’s biggest stock market to Paris. The gap between the two markets has been narrowing since the Brexit vote in 2016.

https://www.dailymail.co.uk/news/art...ges-ahead.html

[jonbxx]

There was good news for manufacturers published by the government yesterday. It has been decided to extend recognition of CE marking for another two years. Goods were due to need UKCA approval by the end of this year but this has now been extended to the end of 2024.

Linky- https://www.gov.uk/government/news/b...ng-flexibility

[1andrew1]

Originally Posted by jonbxx

There was good news for manufacturers published by the government yesterday. It has been decided to extend recognition of CE marking for another two years. Goods were due to need UKCA approval by the end of this year but this has now been extended to the end of 2024. UKCA may tick the box for sovereignty purists but the reality is it makes British business less competitive.

Linky- https://www.gov.uk/government/news/b...ng-flexibility

I suspect this will continue to be kicked down he road by future governments.

[Sephiroth]

Originally Posted by 1andrew1

I suspect this will continue to be kicked down he road by future governments.

… and so it should be. To export goods to the EU we need CE compluance. I can’t think of any derogation we would need. Pig-headed sovereignty is pointless.

[TheDaddy]

Originally Posted by 1andrew1

Another Brexit benefit for our competitors found.

London has lost its rank as Europe’s biggest stock market to Paris. The gap between the two markets has been narrowing since the Brexit vote in 2016.

https://www.dailymail.co.uk/news/art...ges-ahead.html

On top of George Useless sorry Eustice saying our trade deal with Australia is a complete disaster, nothing says sovereignty more than having to rely on other countries for your food

---------- Post added at 18:37 ---------- Previous post was at 18:33 ----------

Originally Posted by Sephiroth

… and so it should be. To export goods to the EU we need CE compluance. I can’t think of any derogation we would need. Pig-headed sovereignty is pointless.

Indeed our everyday sovereignty is causing more than enough problems

[ianch99]

Originally Posted by Sephiroth

Pig-headed sovereignty is pointless.

Finally ...

[Sephiroth]

Originally Posted by ianch99

Finally ...

Originally Posted by Sephiroth
Pig-headed sovereignty is pointless.

.... as, of course, is the EU.

[1andrew1]

We're feeling the pinch now.

Brexit and drop in workforce harming economic recovery, says Bank governor

Britain is suffering worse economic performance than its rivals because of Brexit and a stark drop in the size of the workforce since the Covid pandemic, the governor of the Bank of England has said.

Bailey said UK GDP remained about 0.7% below its pre-Covid level, compared with much stronger recoveries in the eurozone and in the US, where he said the levels of GDP had recovered to about 2.1% and 4.2% above pre-pandemic levels.

“It’s a dramatic difference,” he said. Asked whether Brexit was contributing to the country’s underperformance, he said that “there is an effect” from leaving the EU, including a “long-run downshift” in the level of productivity.

“It’s not [an impact] we’ve been surprised by. As a public official I’m neutral on Brexit per se, but I’m not neutral in saying these are what we think are the most likely economic effects of it,” he said.

https://www.theguardian.com/business...-bank-governor

[TheDaddy]

Originally Posted by 1andrew1

We're feeling the pinch now.

Meh, we wanted this and voted for it

[1andrew1]

No surprise the waters are being tested on this - you can't fight the gravity of trade rules, as I was fond of reminding Old Boy.

Britain mulls Swiss-style ties with Brussels

The government believes EU relations are thawing and could lead to ‘frictionless’ trade

Senior government figures are planning to put Britain on the path towards a Swiss-style relationship with the European Union.

The move, intended to forge closer economic ties, is likely to infuriate hardline Conservative Brexiteers.

Jeremy Hunt, the chancellor, last week signalled that Rishi Sunak’s administration intends to break from the approach adopted by Boris Johnson and remove the vast majority of trade barriers with the bloc.

In private, senior government sources have suggested that pursuing frictionless trade requires moving towards a Swiss-style relationship over the next decade. However, they insist this would not extend to a return to freedom of movement.

https://www.thetimes.co.uk/article/b...sels-nr0f7fw2k (paywall)

https://www.msn.com/en-gb/news/world...c38de3be9380e7 (no paywall)

[nomadking]

Originally Posted by 1andrew1

We're feeling the pinch now.


https://www.theguardian.com/business...-bank-governor

You can't really compare GDP between different countries, with different methods of measuring it. EG How do you compare GDP in Healthcare and Education with the US?

[1andrew1]

Originally Posted by nomadking

You can't really compare GDP between different countries, with different methods of measuring it. EG How do you compare GDP in Healthcare and Education with the US?

He's not comparing GDP levels between countries though.

[TheDaddy]

Originally Posted by 1andrew1

No surprise the waters are being tested on this - you can't fight the gravity of trade rules, as I was fond of reminding Old Boy.

https://www.thetimes.co.uk/article/b...sels-nr0f7fw2k (paywall)

https://www.msn.com/en-gb/news/world...c38de3be9380e7 (no paywall)

Switzerland have the best deal of anyone, due mainly to a referendum on joining that failed by 0.2% iirc, the EU thought it simply a matter of time before they joined. If their deal had been on the table in 2016 I'd have voted leave and if we get similar now it'd make this car crash worth it imo

[Sephiroth]

Originally Posted by 1andrew1

No surprise the waters are being tested on this - you can't fight the gravity of trade rules, as I was fond of reminding Old Boy.

https://www.thetimes.co.uk/article/b...sels-nr0f7fw2k (paywall)

https://www.msn.com/en-gb/news/world...c38de3be9380e7 (no paywall)

That’s an interesting one. The Swiss model is so complex and, by the way, is an a-la-carte agreement between the two entities. The hardliners won’t want to see a penny paid into the EU nor the applicability of EU law to the treaties elements.

I can see economic merit in easing trade, but the price to be paid will horrify some people. It would need putting to a referendum.