But first the story itself: ft.com/content/b5be23…
1/Thread
HOW can Whitehall design this new GB-NI border or customs 'filter' UNTIL it knows what the shape of the UK-EU deal is....I mean this is officialdom being as polite as it can be about politicians being daft /2
Does biz need to pay tariffs? Well, depends if UK done a 'zero tariff' deal.
Does biz need to do Rules of Origin checks? Well, depends if (see above)
See the table below again /3
They just go the full Dalek...We are leaving! We are leaving! We are leaving! Exterminate! Exterminate! /5
Well, here's the thing... /7
That's when the light bulb goes on - until now it's all been phoney war. UK political factions fighting and negotiating with themselves.
That ends on Friday if Johnson wins...but something else ends too. /8
"The die is now cast, and this country is about to embark on the most fundamental re-wiring of its society and economy for a generation..."
There is a chance for a rebalancing - of labour markets, of the north-south divide...etc /10
Now that deed is done, we need to chart the course ahead after proper consultations with industry, with the regions and devolved governments and wider civil society. etc etc /11
And when we hear the click of that door behind us and turn our faces to the wind, we may feel it icy on our cheeks...but there is no going back. /12
@BorisJohnson if he wins, has another chance. He has talked of the "One Nation" approach but left himself precious little political space /13
Is there anything more misleading than the phrase "zero-tariff, zero-quota Free Trade Agreement"...? /14
telegraph.co.uk/business/2019/…
But it won't... /16
fdf.org.uk/corporate_pubs…
But this is paperwork to do what you could do before, for nothing. And it's cost that needs to be absorbed...in higher prices or lower wages /19
It won't be easy, and it won't be all bad...but the public must be trusted with the facts as those documents show.
Before you jump out the plane, best learn how to deploy your chute. 20/ENDS