Originally posted by scooterscot
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Indeed. So if it isn't ratified then we will default to WTO. Rock and a hard place. -
North of Wales? That's Cheshire and Lancashire. Bloomin 'eck luv.Originally posted by scooterscot View PostComment
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Are you sure, I mean 100% sure about this?Originally posted by GB9 View Post
It's just that the text of the agreement is not yet binding under international law and still has to be signed off by the Council of the EU and then it will be possible to provisionally apply CETA. Its full entry into force will be subject to the EU's conclusion, through a Council decision with the consent of the European Parliament, and by all Member States through the relevant national ratification procedures. In other words it actually hasn't been ratified yet...“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.”Comment
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I didn't say it had. I responded to the question about what's in it.Originally posted by darmstadt View Post
In an earlier post I pointed out it was being held up by Belgium.
I'm sure you are aware though that the commission has proposed the council sign it.Comment
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Brexit and the City
The issue at stake for the City of London, the heart of the UK financial services industry, is that leaving the EU would mean the loss of so-called ‘passport rights‘ which grant it privileged access to trade on the single market. The Financial Times (FT) has since reported that the May government is discussing paying billions in annual fees to the EU in order to retain those passport rights – in effect, a publicly-funded post-Brexit bank bailout.
As The FT reports, the financial case for Brexit was always weak. But now, it is in tatters:
The Office for National Statistics said the average annual net British contribution to the EU between 2010-14 was £7.1bn, once the UK rebate and the flow of money back from Brussels to projects and institutions in the UK was taken into account.
On top of any future EU payments after Brexit, the UK will also face a divorce bill from the bloc for as much as €20bn, according to a Financial Times analysis.
The plans have thrown up a deep inconsistency in the economic arguments of much of the media and political class. In short, those who advocate passionately for ‘free market capitalism’ when discussing the welfare state, the NHS, transport, and energy have turned overnight into cheerleaders for state intervention and publicly subsidised industry when it comes to banks.
The UK is just eight years down the line from the biggest taxpayer-funded bank bailout in history. According to the National Audit Office, the UK National Debt rose by £850bn as a result. This is almost twice the nation’s total annual budget. For this amount, the UK could have funded the entire NHS (£106.7bn a year) for 8 years, our whole education system for 20 years (£42bn a year), or paid the entire Jobseeker’s Allowance bill (£4.9bn a year) for 200 years.
Theresa May just dropped a Brexit bombshell, and it's going to cost us billions [TWEETS] | The Canary"A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George OrwellComment
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Brexit simulated in new Football Manager game
Gamers will have to manage the transfer of virtual football players in "soft" and "hard" versions of Brexit - affecting whether they are able to move freely between the UK and the EU.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Could you lot start posting these things when they come out and not hours / days later?Originally posted by Paddy View PostComment
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“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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It's more of a price of keeping passporting here and retaining UK jobs than a bailout.Originally posted by Paddy View PostThe greatest trick the devil ever pulled was convincing the world that he didn't existComment
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