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Tom Kibasi, IPPR @TomKibasi
, 5 tweets, 2 min read Read on Twitter
The government has been promoting this video on Twitter. The problem is there appear to be rather a lot of misleading statements (1/5)
The claim that regulatory cooperation will protect just-in-time supply chains is false.

The #PoliticalDeclaration clearly omits to mention 'frictionless' trade which is what would be required to do this.

The EU has been clear that this is due to the Govt's own red lines (2/5)
This is highly misleading.

While it is true that this ambition has been stated, it hasn't been agreed, and, more importantly, would be vastly inferior to the status quo.

This really matters because we run a large trade surpluses in services (3/5)
There is nothing in either of the texts to back up this assertion.

The current deal means that financial services firms will lose passporting rights.

The crucial issue for FS is non-tariff barriers which we know there will be more of post-Brexit (4/5)
First, what on earth is a 'best in class' agreement on digital?

We know that Paris, Berlin and Lisbon are all competing to replacing London and the European tech hub.

This appears to be pure fantasy or fiction (5/5)
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