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Thread: Brexit.

  1. #1021
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    Default Re: Brexit.

    Businesses on Brexit

    Brexit is unsurprisingly cropping up in a string of earnings statements. On Wednesday alone:

    • Grocer J Sainsbury said it’s cutting costs in an effort to avoid raising prices as a result of a falling pound
    • Broadcaster ITV shook up its executive ranks amid a Brexit-derived advertising slowdown
    • Software company Sage Group flagged the U.K.’s withdrawal from the EU as a risk to hiring
    • Tim Martin, chairman of pubs chain JD Wetherspoon, attacked the business lobby for its position on Brexit
    • The oil and gas lobby wrote to May asking her to guarantee access to markets and labor in the Brexit talks


    In a boon for business, the Institute for Government said the U.K. may have to accept free movement of workers from the EU for years beyond Brexit.


    Bloomberg’s Jill Ward writes on Thursday how services, rather than manufacturers, have the most to worry about with Brexit given the hurdles it could pose to their trade with the European market.
    Still, nobody seems to have told Europe’s power industry about the breakup. There are at least 12 projects worth more than €10 billion combined in the works to expand the island nation’s connection to the surplus generating capacity on the continent.
    As a general rule the most successful man in life is the man who has the best information.

  2. #1022
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    Default Re: Brexit.


    First insights into Brexit negotiation choreography: Several EU diplomats believe formal Brexit talks should be conducted in “rigorous four-week cycles, in Brussels,” with progress published monthly. Playbook’s Commission source said the EU’s chief Brexit negotiator Michel Barnier proposed the following monthly negotiation cycle:


    Week 1: Preparation with EU27 and the other EU institutions.


    Week 2: Exchange of papers with the U.K.; if needed, preparation and finalization of negotiating position with EU27 and other EU institutions.


    Week 3: Negotiations at chief negotiators’ level and in technical groups.


    Week 4: Reporting to EU27 and other EU institutions; start of preparations for the next round of negotiations.


    Jacopo Barigazzi and David Herszenhorn have the full details, including that the talks may be held in the Albert Borschette Congress Center or the Berlaymont, and that Brussels will insist London pick up every last centime (or make it pence) of the cost of the whole exercise. Final approval of the format will come after the British election in June.


    Tony Blair to participate in the EPP group meeting in Ireland next week: No word yet on whether the party will thrust a membership form Blair’s way.


    Norway to be in the loop: The EU reassured Norwegian Prime Minister Erna Solberg on Thursdaythat her country will be able to provide input during Brexit talks. Solberg, speaking during a press conference with European Council President Donald Tusk on Thursday, said she is happy “there will be an open door for Norway to deliver our views into the process … When negotiations become closer and tougher it’s also important to have that little toe inside to see what is happening.

    Gina Miller’s daily death threats: Life after the court case that forced Britain’s parliament to vote on triggering Article 50. Irish Times.


    Brussels wants to reclaim euro clearing from the City of London. As previously flagged in Playbook, the Commission confirmed the move Thursday.


    Citizens’ rights study: The European Parliament research service published a handy (but dense) guide on EU citizens’ rights.
    As a general rule the most successful man in life is the man who has the best information.

  3. #1023
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    Default Re: Brexit.

    Theresa May’s and England’s Miscalculations on Brexit

    Why Germany’s Angela Merkel felt compelled to end the Tories’ delusions | By Stephan Richter, Berlin

    Read on The Guardian | Over 4000 comments
    As a general rule the most successful man in life is the man who has the best information.

  4. #1024
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    Default Re: Brexit.

    Richter has form, a bit of a German apologist. However, he hits some nerve endings.

  5. #1025
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    Default Re: Brexit.

    Heavy sarcasm on the Times letter page.

    "If you go far enough to either extreme of the political spectrum, Communist or fascist, you'll find hard-eyed men with guns who believe that anybody who doesn't think as they do should be incarcerated or exterminated. " - Jim Garrison, Former DA, New Orleans.

  6. #1026
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    Default Re: Brexit.

    The shires won't waver. Even without EU money they are well off. Pity the poor Welsh sheep farmers and the Scots.

  7. #1027
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    Default Re: Brexit.

    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

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