Is anyone else coming to the realisation that May is seriously out of her depth?
To be fair, it's a very deep and turbulent bit of murky water she's in. Pretty much everyone would be out of their depth in her situation.
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Is anyone else coming to the realisation that May is seriously out of her depth?
To be fair, it's a very deep and turbulent bit of murky water she's in. Pretty much everyone would be out of their depth in her situation.
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Vicki Young (@BBCVickiYoung)
09/01/2017, 11:31
Theresa May sets out a "new philosophy" - an active government that makes the system work for everyone.. "Government stepping up" #May
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Was it written by an expert?
Fortunes are being made as we speak. Not here though.
Shrinking Currency 1 by LaidBackBikes, on Flickr
NOTE - The ZAR was devalued in this period (!)
Shrinking Currency 2 by LaidBackBikes, on Flickr
@Stickman
From the reviews of yer book;
an enjoyable read on the way to the Irish or French embassy passport department
a country that has effectively knocked down a main supporting wall of its own house
Any chance of a loan when you're done with it?
"Any chance of a loan"
That's what the Chancellor is asking.
@IWRATS: I got the Kindle edition.
@Stickman
You youngsters and your technobooks. Could you read it aloud and put the file on soundcloud?
Also, sad head-shaking from former friends;
I'm sure the UK could leave the EU without dooming the majority of its citizens or even EU citizens already resident here, but there seems not to be any willingness or plausible structures and mechanisms in place to achieve that.
"I'm sure the UK could leave the EU without dooming the majority of its citizens or even EU citizens already resident here, "
Yes.
"but there seems not to be any willingness or plausible structures and mechanisms in place to achieve that."
Yes and no.
Or at least the "in place" definitely puts the "any willingness or plausible structures" in a suitable context.
I think it's safe to say that the Tory/May bluster about 'getting the best deal for Britain" will fall well short of what they imagine is possible and well short of being the best for most people here - however they voted.
Unless things go really wrong (which is entirely possible still), when it's 'settled' - 2 years or 10 - most people might not notice too many differences that they can really say was 'because of Brexit' (good or bad).
Any trade benefits might well have been undermined by the fall in the pound - raw material imports will be more expensive and wages might go up to pay for the increased cost of imported goods and also because the 'cheap worker' tap is turned off.
Whatever happens, it seems unlikely that the 'Just About Managing' will feel better off - materially and financially and also if they make much use of the NHS or sundry care services and foreign born staff 'go home' or aren't replaced if they leave/retire.
Meanwhile there's still Climate Change and 'many middle income jobs replaced by robots' to look forward to.
If only the Government had the undistracted time/resources to plan for the future...
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The UK’s powerhouse financial sector would face heightened risk and an exodus of well over 10,000 jobs without certainty over Britain’s Brexit deal, MPs have heard.
Xavier Rolet, chief executive of the London Stock Exchange (LSE), said his customers “simply would not wait” and would move operations if the LSE did not have a clear path for continuing its global operation.
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Though as one commenter says
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I think many many more than that were lost after the bank bailout and hey, the world didn't end.
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Seems to have escalated rapidly!
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The UK’s powerhouse financial sector would face heightened risk and an exodus of 232,000 jobs without certainty over Britain’s Brexit deal, MPs have heard.
Xavier Rolet, chief executive of the London Stock Exchange Group (LSE), said two thirds of the job losses would be felt outside Greater London, with the blow coming as soon as the euro clearing operation leaves Britain’s shores.
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Bad for banks, good for the countryside?
Sounds like some pretty rusty wheels are grinding over the Sheuch;
http://www.irishcentral.com/opinion/brexit-means-irish-unity-is-now-inevitable
Smart borders rather than hard borders. EU VAT has been handled for years across borders. We do it every three months at LB. Everything is possible when you work with people.
Lesley Riddoch in National today mentions that T May is thinking of charging a £1k levy on every EU worker in UK.(!)
Low skilled agri workers would be exempt if they stayed less than 6 months.
Nissan will get deal of course and NI (or not as Stormont will have no-one there till a new NI election).
Scotland will not get any deals as that could give it an advantage over rUK which would reward our pro EU vote. (The Scottish economy has underperformed since I was born. Must be my fault.)
T May was asked whether she had read the SG Brexit options paper. You know the answer.
This is not going to end well.
"Chancellor tells German newspaper"
I'm sure something has been lost in translation...
Or maybe this is just a fact -
"This is not going to end well."
It will end well - just not for most people.
Our parliamentarians are still behaving like this wasn't a coup in the making, which is quite charming really.
http://www.publications.parliament.uk/pa/cm201617/cmselect/cmexeu/815/81502.htm
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Following speculation Theresa May will announce at a major speech on Tuesday that Britain is prepared to leave the single market and the customs union, the Labour leader warned Ms May was pursuing an “extremely risky” strategy.
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T May to speak. Wealth creation for currency speculators!
It just gets more beautiful.
https://www.ft.com/content/6ebff604-d8e3-11e6-944b-e7eb37a6aa8e
Paywall.
Gist?
It's based on a House of Commons research paper from last November, principally the use of "Henry VIII powers" (effectively legislating by decree). These would allow the UK Government to amend EU based primary legislation with no/very limited UK Parliamentary scrutiny.
Details: http://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7793#fullreport
Rats. Gist was that the proposed Great Repeal Act would require conferring 'Henry the Eighth' powers on the Prime Minister to alter primary legislation through secondary legislation - Orders in Council - that don't need a vote in parliament to become law. The country might at that point not count as a democracy and could be expelled from the EU....only joking.
The House of Lords is not best pleased at this prospect, as they are committed democrats.
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A hard Brexit with deep cuts to immigration would force Britons into longer working lives in order to maintain a sustainable ratio of workers and pensioners, according to modelling conducted for the Guardian.
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https://www.theguardian.com/uk-news/2017/jan/15/hard-brexit-means-retiring-later-britons-warned
More details tomorrow (or not).
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