Today, Conservative Central Office revealed they have a Brexit countdown clock, ticking down the seconds until 23:00 on 31st October.
The chairman grinning and pointing at said clock is something that will come back and haunt the party.
A leaked Government briefing shows that, one day one (November 1st)
1. Trade and passenger flows slow at border Additional process at border. UK Vessels could no longer have access to EU waters.
2. UK nationals might lose access to services and residential rights.
3. In NO, cross border agri trade virtually stops. Legal basis of SEMS fails (?).
4. UK law enforcement would have to work through non-EU channels.
5. Volatility of currency and financial markets.
In first week (November 2019).
1. Potential consumer panic and food shortages, even in areas not directly affected by the border. Possible friction at sea between UK and EU vessels.
2. Possible increased threat of organised crime including people smuggling and illegal immigration.
3. Unlawful data transfer might lead to action by EU regulators. Disruption of data flows.
4. Continued volatility of markets with potential disruption to debt markets
After 1 month (December 2019)
1. Small businesses in NI face distress and law and order challenges.
2. UK nationals might not be able to meet EU residency rules, so might return to UK.
3. Heightened levels of policing unsustainable, operational gaps emerge.
4. Stirling settles at lower levels, 25% lower. BoE suggests near term business disruption.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment