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Faisal Islam Profile picture
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19 Oct, 9 tweets, 3 min read
“Intensify talks” though “as stated by VDL on Friday”... this is like the world’s slowest tennis rally....
“Based on legal texts” seems a bit stronger though... but Frost clearly did not answer in the actual call with Barnier whether this was enough, and we await the presumably tweeted reply
ExPM-as-GIF content amply provided for by this cutaway of Theresa May responding to Gove arguing that no deal Brexit provides new opportunities for border protection/ security cooperation...
Non-denial, as some mechanism like this was in the agreed NI Protocol
Full May q & Gove answer, in which he quotes back “no deal better than a bad deal”...
👇🏾
Slow rally continues ...
don’t think we broadcast this quote from French Europe minister on the last Newsnight - but he volunteered the idea of post No Deal negotiations at some point after January...

Can see the route to this now...
And more on that concept here:

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More from @faisalislam

Faisal Islam Profile picture
20 Oct
PM confirms Greater MAnchester moved to Tier 3

Coming in to force midnight Thursday
& PM confirms the £22m support figure after Burnham found out live on TV from media

PM says distribution of virus this time round is very uneven, which is why local lockdowns appropriate...
Read 6 tweets
Faisal Islam Profile picture
20 Oct
...European Commission just started raising first part of €88bn 10/20 year AAA debt on international markets to support 17 member states’ pandemic employment programmes - half going to Spain and Italy, as social bonds...
essentially deploys AAA credit of northern EU to help more fiscally challenged members - as was long argued about during eurozone crisis - and was cause of some UK concern as a member - “the appetiser” ahead of main course of €1 trillion issuance by 2026 ec.europa.eu/commission/com…
Example of EU moving ahead on pooling sovereignty more quickly than would have been the case had UK still been a member - Remains to be seen what proportion the ECB buys in secondary market - a sort of EU-wide QE. Bundesbank wants to make sure it’s a one off... but it’s happened.
Read 6 tweets
Faisal Islam Profile picture
19 Oct
Government: “it’s a question of semantics at the end of the day, sure” on the use of the phrase “Australia-style terms” to describe no trade deal/ tariffs with EU - also was headline of the overnight press release
use of “Australia-terms” is even more puzzling, because it is obviously designed to reassure...

But actual point of campaign launched today is to get 10,000s of UK businesses to prepare & react.

Surely they want to say very directly “prepare for tariffs”...“prepare for checks”?
Similar issue Govt ad campaign, which some say looks more like kwik-fit tyre change ad - is Govt communicating this is a really big deal, potentially major business risk which will require weeks of prep? Or is it something you can sort out on the way back home from shops one Sat?
Read 6 tweets
Faisal Islam Profile picture
18 Oct
“The EU effectively ended trade talks last week” - Michael Gove tells Marr “door is ajar if EU changes it’s position - but we are ready to leave on Australian terms”...
Marr: “but could be called Mongolian or Afghan terms”
Gove says he backs promising UK during referendum “we hold all the cards” though he tells Marr “we hold cards”
Marr: “Do you think the public is going to thank you for leaving the EU without any trade deal the middle of a global pandemic?”
Gove: “Public like me would rather we had an FTA but would not thank us if Eu still in control .. ultimately want us to take back control”
Read 7 tweets
Faisal Islam Profile picture
16 Oct
Coming up on @BBCNewsnight with me - exclusive first UK TV interview with Macron’s Europe minister Clement Beaune responding to No 10 saying talks over & Barnier should not come to London. on fish, state aid, internal market bill, and a “misunderstanding” about Canada ...
So progress made over past week, areas of compromise were starting to open up on state aid/ governance.

But PM’s Oct 15 deadline gambit all about getting EU summit to adapt Barnier mandate - didn’t happen... in that respect it is worth careful look at what minister told me yday:
1. Asked reaction to “talks over” & Barnier shouldn’t travel to London @Cbeaune tells me “still willing to discuss” & “now up to UK to say whether its worth discussing”.. if UK say “we’re ready to do another round of discussion” we “willing and happy”

Read 17 tweets
Faisal Islam Profile picture
15 Oct
Charles Michel EUCO President specifically singles out level playing field and uses example of car industry, and the UK wanting freedom to subsidise (ie state aid) at same time as expecting full tariff free access to single market, says it risks 100,000s of jobs
Barnier - “our positions have been crystal clear from day 1 - if you want access to our market of 450 million, there must be a level playing field” says EU27 remain united and calm
Lord Frost responds as BArnier giving presser:

Read 20 tweets

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