The best way to think about Brexit benefits...

It is untrue that there are *no* benefits to Brexit.

But it is categorically the case that the benefits of Brexit are far, far outweighed by the benefits of EU membership.

(We're winning a penny at the cost of a pound. Hurrah!)
For example:
- save the membership fee
- can strike our own trade deals
- greater control over VAT, including 0% rate
- boost to UK manufacturers that sell only to the domestic market
- return of duty-free shopping
etc.

NONE OF THIS OUTWEIGHS THE PAIN. But it's all "real".
So any debate that claims Brexit has no merit is unfairly slanted. Much better to be analytical about the situation. Yes, Brexit could give us A, B or C. But the X, Y and Z we lose as a consequence are much more significant that those gains.
Here's some examples from my book 'Slaying Brexit Unicorns' - there are more in the book.

(Ironically, given how rude Leavers *who have never read it* are about it, it probably gives a fairer shake to Brexit than any other publication I'm aware of.)
And here (not an exhaustive list) are some of the things we lost when we turned our back on EU membership...

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More from @uk_domain_names

16 Nov
Jul 2020: UK officially opts out of EU Covid-19 vaccine scheme.

Aug 2020: EU expands vaccine scheme with a 5th company, Moderna.

Oct 2020: EU fast-tracks Moderna approval.

Nov 2020: Moderna trial shows 95% effectivess from vaccine that doesn't need special storage.

Oh, well.
SOURCES

1. UK opts out of vaccine
bbc.com/news/uk-politi…

2. EU expands vaccine scheme to include Moderna
ec.europa.eu/commission/pre…

3. EU fast-tracks review process for vaccine approval
reuters.com/article/us-hea…

4. Moderna trial shows 95% effectiveness
theguardian.com/world/2020/nov…
If your immediate response is "but the UK didn't know the vaccine would be effective" that's to miss the whole point of the EU's scheme in the first place: by pooling resources, the EU has been able to place many more "bets" than the UK ever can manage when working alone.
Read 5 tweets
16 Nov
"Moderna Covid vaccine candidate almost 95% effective, trials show"

Good news. Also, it doesn't need complex refrigeration as it can be stored near room temperature. But the UK isn't at the front of the queue to get this one, unfortunately. theguardian.com/world/2020/nov…
This highlights the potentially checkered future that awaits us in 2021: different countries may have very different experiences of the pandemic going forward, based on which vaccines they bet on, and how soon those bets pan out.
Note that Moderna is already on the EU's radar as a vaccine partner, but not yet on the UK's. So EU countries are likely to get its vaccine much sooner than us.
ec.europa.eu/commission/pre…
Read 4 tweets
15 Nov
I wonder if the UK Government secretly sees no deal Brexit as a revenue-raising opportunity?

The UK imports huge amounts of food and other items that will incur tariffs in a no deal scenario.

Who pays? Consumers (ultimately).

Who gets the money? HMRC. uktradeforum.net/2017/09/28/who…
The UK government could then turn around and blame the Evil EU for the need to levy tariffs, because they were unwilling to roll over and submit to all our demands.

Result: higher prices in the UK, more revenue to HMRC, some people fooled into being furious at the EU.
So say we end up having to pay an extra £1 of tariffs on a pack of Lurpak. HMRC gains £1 from the situation that it didn't have before, and the butter buyer - you or I - is £1 worse off.

(This simplifies the situation, because importers pay tariffs, but they WILL pass costs on!)
Read 4 tweets
15 Nov
"both scenarios (no deal and FTA) will result in reduced product availability of EU products, reduced traded volumes across the UK and the EU, and higher prices for all types of products (branded, unbranded, and speciality)"

Thanks, Brexit!
lse.ac.uk/business-and-c…
"Import declarations alone could cost traders from both the UK and EU approximately £4 billion a year."

That's not for all industries, but merely for the food and drink sector. This extra cost equals nearly half our annual EU membership fee. And that's just import declarations!
"The lack of clarity of the Border Operating Model and the absence of functioning Good Vehicle Management System and Smart Freight Software further amplify the disruption in both scenarios."

Ah yes, the mythical computer systems. Which won't be ready. Chaos multiplied.
Read 7 tweets
15 Nov
George Eustice: "In a non-negotiated [Brexit] outcome, what would happen is companies like Arlo, which is a big Danish company selling brands like Lurpak in the UK that are manufactured in Denmark, would have to relocate that production to the UK."

Or... just give up on the UK.
He goes on to essentially throw away the entire UK sheep sector in a single sentence. Collateral damage, ground under the wheels of the Brexit cult bandwagon.
He also drops the nonsensical nugget that it would be open on the UK to drop tariffs.

That's only true if we do that consistently for the entire world.

So if we drop our tariffs on milk, anyone in the world can sell us milk tariff-free and that's the end of the domestic sector.
Read 7 tweets
15 Nov
With 47 days to go, the UK government still can't tell hauliers whether they need International Driving Permits or not.
That's not the only potential change. Take a gander at this... There's a tonne of things commercial drivers have to do to get prepared.
gov.uk/guidance/drivi…
And it's not just the drivers! Haulage firms have a laundry list of things they have to do to get ready in the next 47 days.

"you may need an ECMT or other additional permits for journeys to or through the EU" - note MAY. These permits are *scarce* btw!
gov.uk/guidance/carry…
Read 5 tweets

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