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Fionna O'Leary #FBPE #FBIR 🔶
@fascinatorfun
, 4 tweets, 3 min read Read on Twitter
@sturdyAlex It is worse than that.

1Trillion US$ worth of assets and business moved from Financial and Services sector due to Brexit. Conservative estimate. EY tracker. Only 222 firms tracked and public announcements.

cnbc.com/2019/01/07/bre…
@sturdyAlex 2/. That report was a month ago.

Last week the High Court gave Barclays permission to move £191 BILLION assets from the U.K. to Ireland. To protect against no deal Brexit.



Link to the judgment

bailii.org/ew/cases/EWHC/…
@sturdyAlex 3/. Yesterday Royal Liverpool also given High Court permission to move £1 billion assets to Ireland.

Royal London given permission by High Court to move £1bn

independent.ie/business/brexi…
@sturdyAlex This is all just ONE sector. Financial and Services.

Not manufacturing.

I am truly truly scared.
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Fionna O'Leary #FBPE #FBIR 🔶
@fascinatorfun
Labour members.

Corbyn has, again put two finger up to you and your best judgment.

What are you going to do about it? He is busy losing you what you want. Losing the country.

Losing the next election.

He is going to have to fully own Brexit.
My regular reminder that a Customs Union is a hard Brexit, just less hard than No Deal and a bit less hard (if comprehensive) than and FTA.

vimeo.com/229297381

And will leave the path wide open for any Govt with a majority to rip it up
Dim.
Bugger the 6 test and policy
Also a reminder that he is purporting to be able to determine OUTCOMES of the Political Declaration when he can do nothing of the sort.

The Political Declaration is not legally binding. Pointless.

And the ERG know it and will exploit that obvious weakness ruthlessly.
Read 3 tweets
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Fionna O'Leary #FBPE #FBIR 🔶
@fascinatorfun
Worth listening to the whole context of Tusk’s comments

“ The EU is primarily a peace project....this is why we insist on the backstop, a visible guarantee for peace in NI

A sense of responsibility tells us to prepare for a possible fiasco...

THEN he says. (Having said out that preserving Peace is the aim)

“I have been wondering what the special place in Hell looks like for those who promoted Brexit without even a sketch of a plan as to how to carry it out safely”

I.E. With no deliverable plan for preserving peace
Microphone picks up @campaignforleo warning @eucopresident: "they'll give you terrible trouble". Tusk nods and laughs (“Yes. I know”.)
Read 8 tweets
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Fionna O'Leary #FBPE #FBIR 🔶
@fascinatorfun
Membership has declined by more than 10% since summer 2017 (575k) but the rate of loss of existing members has been accelerating.
NET membership has declined by around 6,000 in each of the past two months, from 524,000 at the start of December, to 512,000. theguardian.com/politics/2019/…
As suspected, the loss was not obvious immediately as members who simply did not renew are still counted as members for 6m after their renewal date has lapsed.

Other reports suggest that it is established members who have been drifting away and those dissolusioned with FB Brexit
* disillusioned* (with the LP Front Bench stance on Brexit)
Read 3 tweets

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Steven McCaffery
@StevieMcCaffery
Media coverage to date focused on the structure of this single @IrelandsFuture event rather than the reasons for it taking place. In more than 20yrs covering politics, I can't recall many, if any bigger political gatherings outside party conferences/ard fheiseanna.
The loudest applause so far were for 'we didn't vote for #Brexit', applause against the bomb in Derry, and applause in support of the Principle of Consent (respecting majority view in NI/North).
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Anna Isaac
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The biggest #Brexit fig you haven't heard of: £45 trillion. This is the value of a bunch of financial contracts - called derivatives. These are at risk because the EU hasn't confirmed they will be recognised after March 2019. UK has. What's a derivative contract? Well...1/thread
Like all contracts it’s a legally enforceable deal. This kind is a way for a company to manage risk. They cover lots of financial areas like bonds, mortgages and currencies. They are often also called futures contracts or swaps. 2/
Here’s a futures eg: I’m need a load of copper two years from now, but I’m worried the price will go up. I buy the option to get several tonnes of the metal in 2021. I agree with another company that I will pay a set value now, and lock it in. I can budget accordingly. 3/
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UK Rants #StandUp4Brexit
@uk_rants
Thread: "#Brexit & #Chequers, the sellout. Dump it, let's move on".
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I keep hearing "Where is the plan?" and a load of misinformation on #Brexit, pushed on UK media by irrelevant & biased commentators, elevated simply because they are avid Remoaners.
They aim to distract.
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We already knew from those tasked with the negotiations, there had been a definite direction of travel & #Brexit plans were well advanced, prior to #Chequers.

2/19
David Davis & his team had been constantly rebuffed by Number 10, as they tried to pursue a proper #Brexit plan, but they HAD been making progress.

3/19
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Polly Polak
@PolakPolly
"#Brexit According to Google"

A poem inspired by Brian Bilston, constructed entirely from auto-completed searches on Google.

(Thread)
why is brexit good
why is brexit bad
why is brexit such a big deal
why is brexit mad
brexit is depressing me
brexit is making me ill
brexit is really all about China
brexit is not real
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Tony Addison
@TonysAngle
Services: 80% of UK economy (architecture, management consulting, legal, creative etc) & big services surplus UK runs with RoW & EU. So why does Govt want to damage economy in #Brexit plan being discussed by cabinet today (focusing on goods only?) ft.com/content/2ce78f… via @FT
And anyway services get bundled in today's global value chains for high-value high-tech goods (c. Aircraft engines & their maintenance) which is what UK government is supposed to be promoting via its (mysterious) industrial policy announced back in 2016.
If you wanted a better trade & industrial policy for UK (which is desirable to create high-paying jobs via higher productivity) you wouldn't put it together in the way that #Brexit is taking us (raising barriers to trading with UK's big EU markets).
Read 8 tweets

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