Discover and read the best of Twitter Threads about #BrexitFail

Most recents (2)

LORD KERR
"FARCICAL proceedings, rubber-stamping a CRUCIAL Bill in an afternoon"😱
What's most striking =treaty's ASYMMETRY: We are a service economy running goods deficits & service surpluses, yet this treaty gives the 27 free access here for their goods but gives us nothing..
❌NOTHING in return on services:
❌NOTHING for the City or Edinburgh;
❌NO passporting
❌NO equivalence
❌NO recognition of qualifications
❌NOTHING on data adequacy
❌NOTHING for the digital or creative economy, hard hit by the loss of free movement.💔😭
As for exports of UK goods, on top of the NEW BORDERS & BUREAUCRACY, our negotiators have LOST on:
Rules of origin, on SPS & on testing & certification.😭

EU exporters to us face no similar costs here, so it is not just asymmetrical, it is LOSE-LOSE😭#BrexitReality #BrexitDeal
Read 7 tweets
LORD PURVIS was wondering what a cynical govt wd do if knew it could only get a POOR #BrexitDeal🤔👇

▪leave it to the last minute
▪issue a misleading press statement
▪only allow minute scrutiny
▪seek to prevent post-legislative scrutiny
▪refuse to publish impact assessment
The INDEPENDENT UK Trade Policy Observatory assessment stated:
“Even with the FTA announced on Christmas Eve, Brexit INCREASES UK-EU trade COSTS, REDUCES TRADE btwn them, & requires resources for form-filling, queuing..These in turn, lead to change in consumption which..
REDUCE
UK residents’ welfare.”
It goes on to a sobering conclusion:
“Exports of value added will fall by nearly 5.5% relative to a pre-Brexit scenario & GDP by 4.4%.”
My noble friends Lord Fox and Lady Kramer will outline this in more detail.
Read 8 tweets

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