Profile picture
Steven Swinford
@Steven_Swinford
, 4 tweets, 2 min read Read on Twitter
Exclusive:

Liam Fox tells Tory MPs Customs Union will be 'worst of both Worlds'

'The UK would have new role in global trading system. We would ourselves be traded.

'As famous saying in Brussels goes, if you are not at the table, you are on the menu.'

telegraph.co.uk/politics/2019/…
Liam Fox says that Labour 'do not presently seem to understand' issues with Customs Union

'We would be stuck in worst of both Worlds, not only unable to set our own international trade policy but subject to policy of an entity over which MPs would have no democratic control'
You can read Liam Fox's four-page letter to Sir Graham Brady, the head of the 1922 committee, in full on Telegraph's website

'A customs union would allow EU to negotiate access to UK markets irrespective of the interests or wishes of the UK.'

telegraph.co.uk/politics/2019/…
It feels like Cabinet discontent with the PM's Brexit strategy, which has been raging behind closed doors, is going public this morning.

* Liam Fox condemns customs union as 'worst of both worlds'

* Andrea Leadsom tells PM to renegotiate withdrawal agreement with Merkel
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Steven Swinford
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @Steven_Swinford see all

Profile picture
Steven Swinford
@Steven_Swinford
Exclusive

The Geoffrey Cox legal advice that Theresa May hopes will save her Brexit deal

AG has circulated advice with Tory MPs on how backstop could be terminated under terms of the Vienna Convention

But 'Star Chamber' says it is 'badly misconceived'

telegraph.co.uk/politics/2019/…
Geoffrey Cox argues backstop could be revoked if it has a 'socially destabilising effect on NI'

'It is in my view clear and undoubted in those exceptional circumstances that international law provides the [UK] with the right to terminate the Withdrawal Agreement'
BUT there's a sting in the tail.

Star Chamber of Eurosceptic lawyers, which includes Nigel Dodds, has panned advice

In a 5-page analysis they say it is 'erroneous' and 'badly misconceived'

It represents a significant blow to the PM's bid to win over Eurosceptics & DUP for MV3
Read 3 tweets
Profile picture
Steven Swinford
@Steven_Swinford
Exclusive:

Labour whistleblower says Corbyn allies intervened in anti-Semitism cases as 'matter of routine'

Former official said dealing with sensitive complaints was 'like stepping on an an electric rail'

Labour says claims are 'malicious lies'

telegraph.co.uk/politics/2019/…
Here's the Labour whistleblower:

'Cases were routinely discussed by the leader’s office

'It was like stepping on an electrified rail whenever we suspended someone known to Jeremy Corbyn. Loto [the leader’s office] engaged in disciplinary cases as a matter of routine'
Here's Labour's response:

'These are malicious lies from a disgruntled former employee.

'A request was made to individuals in leader’s office for help in clearing a backlog of cases, which was complied with in good faith. No evidence has been provided to back up these claims'
Read 3 tweets
Profile picture
Steven Swinford
@Steven_Swinford
Exclusive:

Geoffrey Cox has abandoned attempts to secure a hard time-limit or unilateral exit mechanism to Irish backstop

The aims, which represent the central demands of Eurosceptics, are considered too 'blunt' and have been rejected by EU

telegraph.co.uk/politics/2019/…
Geoffrey Cox now focusing on an enhanced 'arbitration mechanism' that allows UK and EU to give formal notice that they want to break off from backstop

UK wants independent arbitration panel to decide whether backstop can end

EU is flatly rejecting - it wants ECJ to have role
Steve Baker on Cox abandoning backstop time-limit & unilateral exit:

'This seems to indicate a satirical approach to fulfilling Brady amendment.

'Brady required you replace backstop with alternative arrangements

'That's light years away from tweaking arbitration mechanisms'
Read 4 tweets

Related threads

Profile picture
John Locke
@johnlockesclock
Excellent letter from Liam Fox to Sir Graham Brady setting out the real implications of a Customs Union with the EU post-Brexit. It makes for frightening reading and beggars belief that anyone would understand this and still support it. Thread.
THE RT HON DR LIAM FOX MP {North

HOUSE OF COMMONS
LONDON SWIA 0AA
020 72194198

08 April 2019

Dear Graham

Following my appearance at the 1922 committee on Wednesday last week, I committed to sending a letter setting out the issues around a customs union and
trade policy.
Let me begin by repeating what I said at the meeting. Trade is not an end in itself but a means to an end. It is the way in which we spread prosperity more widely. That prosperity underpins social cohesion which in turn underpins political stability.
Read 36 tweets
Profile picture
Yusha Yuseef
@MIG29_
#Exclusive : military source tells me that the Russian jets bombed the weapons and ammunition of Nour al - Din al - Zanki in Western Aleppo countryside .

HTS trying to transfer the weapons of Al- Zanki groups , and the Russian aircraft bombed it .
Russian jets bombed the weapons and ammunition of Al-Zanki groups in Western #Aleppo

إحدى الغارات الروسية على أسلحة وذخيرة الزنكي بريف حلب .. #نووي
Read 3 tweets
Profile picture
South Cambs LibDems
@SCLibDems
A short thread on how we got to where we are:

#Tory Party 2015:

Cameron:
Those extremist Eurosceptics in my party need to be stopped.
I'll call a Referendum on Europe once and for all
I'm a winner, I've just won a GE no one expected & Scottish Indy campaign
I know how to win
#Tory Party 2016:

Leaver #Tories: Let's
Take Back Control
They need us more than they need us
Those German Car makers will get Merkel to give us a good deal
It'll be the easiest trade deal in the world

People: Ok - let's #Brexit

Cameron: I know I started this but I'm off
May:
I'm here.
Strong and Stable.

May:
There will be no General Election till 2020
We will be out of the Customs Union
We will not be under ECJ rule
I'll remove your rights to live & work in EU but I'll call it a good thing because Immigrants are bad
Read 13 tweets
Profile picture
Zafar Shaikh
@zafargs79
#New Traders, Understand #Mathematics Of #Profit In Market Before You Put Hard #Earned Money On Risk.

Expectancy = Success Rate x Reward Risk Ratio

Lets Talk About Expectancy Of Short Term Directional Trading System.

Read On (1/n)
Success Rate = No Of Profitable Tades/ No Of Loss Making Trades

Reward Risk Ratio = Average Profit Per Trade / Average Loss Per Trade

If Success Rate is 0.5 and Reward Risk 2, Then

Expectancy = 2 x 0.5 =1

For Making Profit, Expectancy Should Be Positive Number (2/n)
To Calculate Expectancy, You Need Defined System With Rules To Get Success Rate and Reward Risk. If You Have No System To Take Decisions, You Are Hanging In Thin Air and Will Never No Whether You Will Keep Making Or Loosing Money In Future (3/n)
Read 12 tweets
Profile picture
Adam Payne
@adampayne26
Exclusive: Liam Fox is plotting to scrap EU food standards using controversial Henry the 8th powers, multiple sources have said. uk.businessinsider.com/liam-fox-trade…
Michael Gove's DEFRA is pushing back against Fox's plans to do away with European food standards. "DEFRA and DIT are not pals... DEFRA have a big trade team now which sees its mandate as stopping DIT from doing silly things," one source said. uk.businessinsider.com/liam-fox-trade…
now deleted
Read 5 tweets
Profile picture
Adam Payne
@adampayne26
Liam Fox interview on Brexit coming shortly...
Exclusive: Liam Fox tells BI that extending Brexit talks would be "complete betrayal" and shouldn't be done even if there is no deal by March uk.businessinsider.com/liam-fox-inter…
Fox took aim at the European Commission, accusing it of putting "theological attachment" to treaties before the wellbeing of Europeans

He accused the EU of being vague: "They can't keep rejecting things without telling us exactly what it is they want" uk.businessinsider.com/liam-fox-inter…
Read 3 tweets

Trending hashtags

#السعودية #territories #alcohol #Trader #Moscow #exitfrombrexit #Hayek #Germany #MHRA #cars #Sanaa #Strauss #France #Madagascar #prohibit #WorkersRights #MFN #tariffs #UN #exporters #Singapore #revokeA50forthwith #vote #jeans #product
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!