Monday 25 June 2018

Monday Brexit.

Another short Brexit post, as the month peters out and nothing of any substance has occurred.

There is no end or solution to the NI/Irish border problem, and a FOI request has shown that the body responsible for transport policy in NI has made NO preparations for a no deal Brexit.

Make no mistake, the queues and delays on both sides of the border will be every bit as disastrous as those in Kent for the Channel crossing. That the FOI request was no rejected because of security reasons, or cost, just that it does not exist seems to suggest that the Government is taking May's word that there will be no infrastructure on the border.

This makes the Government's threat to walk out of negotiations with the EU as laughable, as when the side threatening has done no preparations to make that "work", then it is an empty gesture, like the EU knew it would anyway. But wha does this mean: will the UK accept any deal at the end of March just to keep trade working and the GFA in place? Or are they really that clueless?

Well a Government that has May as PM, Grayling as Transport Minister, Gove in charge of Agriculture and the environment, DD in charge of Brexit, Leadsom in charge of getting bills through the house and Liam Fox is charge of getting trade deals done, clearly cannot be taken seriously.

And isn't.

As industry ramps up pressure demanding clarity, the Conservative Party tries to paint industry leaders as in the pay of the EU. That many hundreds of thousands of works rely on jobs with companies that do trade with the EU, you would have thought that the Government would listen to industry who, obviously, do know what they're talking about.

Meanwhile, Bloomberg ran a story today about how some of Brexit billionaire backers made hundreds of millions in profits, betting against the UK and the £ exchange rate in the aftermath of the referendum, and were helped in this by Farage conceding the result, to lull the markets. That Farage and co rail against the elite, without a hint of irony, if a friend of Nigel's can pocket £220 million in an hour hedging against his own country, then who is the elite here?

The clock is still ticking, Brexit in 9 months and the ratification process, if any, begins in three.

And some breaking Brexit news just in:

BMW said this evening that “if at the end of the day the supply chain will have a stop at the border, then we cannot produce our products in the UK."

And what goes for BMW goes for Honda and Nissan too. Still, told y'all so.

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