required field
- 03 Feb 2016 10:00
Thought I'd start a new thread as this is going to be a major talking point this year...have not made up my mind yet...(unlike bucksfizz)....but thinking of voting for an exit as Europe is not doing Britain any good at all it seems....
mentor
- 01 Feb 2017 11:18
- 6328 of 12628
Speculating once again, How we can get a better deal..............
New trade agreement with EU will have to go further to provide for services, says NIESR
(ShareCast News) - When negotiating a new free trade agreement with the European Union, Britain will have to go further than any other deal that is currently in existence to provide for its services industry, the National institute of Economic and Social Research said.
NIESR also revised up its forecast for UK growth in 2017 by 0.3 percentage point to 1.7% and expects it to improve to 1.9% in 2018. But this marks a slowdown from the 2% reading in 2016. The think thank warned that rising inflation would affect consumer spending.
The world economy is predicted to grow faster in the next couple of years, from 3% in 2016 to 3.1% in 2017 and 3.5% in 2018.
The think tank said that the current European Union trade agreement is more comprehensive and goes further than most free trade deals as it covers non-tariff barriers, which encompass regulations for services, mutual recognition of intellectual property and passporting rights.
The financial services industry has been concerned with passporting rights which allows them to conduct business across the EU through a single license, especially since the Prime Minister Theresa May said that Britain will no longer be a member of the European single market and customs union.
NIESR estimated that once Britain leaves the single market and if it adopts World Trade Organisation rules for a deal with the EU there will be a 59% reduction in UK trade with the bloc, consisting of a 58% reduction in goods and 61% in services.
If the UK negotiates a new free trade agreement with the EU, the NIESR expects a 45% reduction in UK trade consisting of 35% decline in goods, a 61% fall in services.
When compared to Britain gaining free trade agreements with leading emerging economies such as the BRIICS (Brazil, Russia, India, Indonesia, China and South Africa), there will be a 19% gain in trade, consisting of 26% in goods, but none in services. This is similar to a free trade agreement with Anglophone countries - the US, Canada, Australia and New Zealand - with a 12% gain, consisting of 26% in goods and none in services.
For total UK trade, NIESR predicted that leaving the European single market could lead to a long-term reduction between 22-30%, while the increased trade from new trade deals with all the BRIICS nations and Anglophone countries will come to just 2.6% and 2.2%, respectively.
Fred1new
- 01 Feb 2017 11:54
- 6329 of 12628
Dumbo,
A natural place for you to be.
jimmy b
- 01 Feb 2017 12:00
- 6330 of 12628
I'd love to be with those elephants ,lot better than listening to a misery guts.
Haystack
- 01 Feb 2017 13:36
- 6331 of 12628
Fred1new
- 01 Feb 2017 14:41
- 6332 of 12628
Dumbo,
You would feel at home.
cynic
- 01 Feb 2017 15:08
- 6333 of 12628
one step at a time ...... it's certain that A50 will be approved by the MPs and the lords would be committing suicide not to follow suit
thereafter remains to be seen with a great many twists and turns and surprises and shocks along the way
VICTIM
- 01 Feb 2017 15:21
- 6334 of 12628
How does anything get done any where if these sort of losers interfere like this , maddening .
mentor
- 01 Feb 2017 15:59
- 6335 of 12628
Nigel Farage had as usual his show on the European parliament telling off at most of the top men there for taking down Trump
video http://www.bbc.co.uk/news/uk-politics-38833590
Haystack
- 01 Feb 2017 19:42
- 6336 of 12628
Parliament has voted for A50 498 to 114
Haystack
- 01 Feb 2017 20:37
- 6337 of 12628
Next stage is the Committee Stage (Public Bill Committee). The Bill will be examined line by line. That shouldn't take long as it is one line long. Then we have the Report Stage. This is when amendments will be considered. The deputy Speaker will choose which amendments are to be allowed for consideration.
MaxK
- 01 Feb 2017 20:43
- 6338 of 12628
What is Corby going to do about the rebels?
Three line whip??
Haystack
- 01 Feb 2017 20:46
- 6339 of 12628
Diane Abbott abstained from the Article 50 vote tonight, in defiance of Corbyn’s order to vote to deliver. Her team are briefing that she is ill. Yet last night:
On Twitter:
Baroness Chakrabarti, Lady Nugee & Comrade Abbott ordering 2 G&Ts & a Laphroaig in The Red Lion #workersunite
ExecLine
- 01 Feb 2017 23:42
- 6340 of 12628
The EU (Notification Of Withdrawal) Bill has successfully navigated its first hurdle, but much of the course is still to be run.
Here's what happens next:
2 February: Prime Minister Theresa May will publish the Government's strategy for leaving the European Union. She has said the issue of EU nationals living in the UK will be among those "referenced" in the White Paper.
6 February: Article 50 legislation begins its scrutiny by Parliamentary committee. A number of amendments have already been tabled for discussion at this stage.
8 March: The bill will receive its third reading and the Commons will vote again.
20 February: The House of Lords is likely to begin debating the bill after the Parliamentary recess. If the Lords table any amendments it will be returned to the Commons and then back to the Lords until the text is agreed. If there are no amendments it will be sent to the Queen for royal assent.
7 March: The Government hopes the bill will have become law by this date, allowing Mrs May to inform the European Union that she is triggering Article 50 and the UK is leaving the bloc.
9-10 March: An EU summit in Malta could provide the Government with the opportunity to start the gun on the two-year divorce process.
31 March: The Government has said it intends to inform the EU by this date at the latest.
Posted in:
BREXIT
mentor
- 01 Feb 2017 23:46
- 6341 of 12628
re - Article 50 vote tonight
Labour painfully divided on the voting this evening
I can see ( Rebellion by the Bitches ) this time are not behind Corbyn but getting him more RED than he already is, and causing more trouble on the Labour Party
Fred1new
- 02 Feb 2017 09:20
- 6342 of 12628
mentor
- 02 Feb 2017 12:04
- 6343 of 12628
MPs who backed Brexit bill 'an example to us all', says Tory peer
Conservative Lord Spicer asks what date Article 50 will be invoked, beginning the process of leaving the EU.
Brexit minister Lord Bridges reminds peers that the government has set a target of triggering Article 50 by the end of March and "we remain committed to that timetable".
Perhaps trying to head off any attempts to amend or frustrate the Article 50 bill once it arrives from the Commons, Lord Spicer asks: "Is there very much left for this House to do except give the bill safe passage?"
Lord Bridges thinks there is "a considerable amount for this House to do".
Last night, MPs voted by a majority of 384 to allow Theresa May to get Brexit negotiations under way. The bill faces further Commons debate before peers get to consider it.
Another Conservative, Lord Forsyth, suggests that MPs who put their personal views aside to back the bill in line with the referendum result are "an example to us all".
mentor
- 02 Feb 2017 12:48
- 6344 of 12628
Can you believe it the main "Bitch" Diane Abbott (Hackney North) did not go to vote
claiming she got migraine with a "sicky"
But
Surprise surprise, she was speaking against Trump on one of the parliamentary rooms a couple hours earlier, very eloquently and nothing wrong with her
conclusion
Boot the lot with "Freda" the first one
Fred1new
- 02 Feb 2017 13:51
- 6345 of 12628
Mentor,
As you seem to be a dog, was your mother a bitch?
But there, there, she may be proud of you.
grannyboy
- 02 Feb 2017 15:06
- 6346 of 12628
THERE!! See what you've done mentor...You've mentioned Diane Abbott
and that to little fred is like a red rag to a bull...his bedroom walls are full
of diane abbott pics, no cartoons of abbott anywhere allowed in his gaff...