Discover and read the best of Twitter Threads about #competiton

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The 7th round of 🇬🇧- 🇪🇺 talks start at 10am CET on Wednesday.

In terms of #StateAid, agreement ought to be reached on the basis of an independent UK State aid regime, which upholds similar high standards of subsidy control as the EU’s regime.

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The 🇪🇺 is open to such a State aid solution.

However 🇬🇧 has yet to publish any details of its regime.

In part, this is because the most fervent believers in the #Brexit project are convinced that the EU will accept anything, provided it is put forward at the 11th hour.

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But it is also because two factions have developed within @10DowningStreet.

One faction prioritises the needs of the UK #economy, wanting strong rules to ensure healthy #competiton between businesses and to avoid the taxpayer footing the bill for excessive subsidies.

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