Thread by @JJHTweets

1/6 Thirty three days folks. That's all that's left for UK to request an extension to the Brexit talks and be able to continue to enjoy many of the benefits of being an EU member.

33 days to formalize an agreement on fishing rights and more importantly "equivalence for FinServ"

2/6 Financial Services equivalence will reduce the need for UK companies to relocate out of the UK to the EU with the danger of massive tax income loss to HM Treasury but at the same time equivalence would mean UK FinServe regulators being bound to EU regulations.

3/6 So, not only do we have 33 days to have agreement on fishing, citizens rights, payments into EU budget, and the Irish Border but also the complex issue of Financial Services Equivalence in order to save whats left of the UK economy post Covid19.

Its vital to secure these

4/6 by the end of June because we have to get everything else (dozens upon dozens of chapters on other agreements) completed by the EU Summit on October 15/16th.

That gives just 3 and a half months after we conclude the first phase in the next 33 days! Following the Oct Summit

5/6 each individual EU member state will then decide whether to ratify (or not) the final agreement for it to begin on 1st January next year.

So folks, the next 33 days are CRITICAL to the UKs future. Miss that boat and we drown.

Lose the benefits of the Transition period

6/6 automatically at the end of 2020 and it will be a disaster for the UK. WTO wont/cant help the UK and we simply cannot be prepared to crash out over a cliff between now and the end of the year.

Dangerous times we live in folks and not just because of a global pandemic.