Yesterday's #BrexitDeal is the first free trade deal in history to disintegrate a trading partnership rather than build a new one, erecting and defining barriers between markets. politico.eu/article/uk-eu-…
One of the most extraordinary aspects of these negotiations is that both sides fought so intensively over fish, a very small part of their economy.
But the UK didn't put up much of a fight on services, which is *80%* of the UK's economic activity.
But the UK didn't put up much of a fight on services, which is *80%* of the UK's economic activity.
There is no provision for financial services in the #BrexitDeal. Passporting that allowed automatic access for British firms to EU market, will suddenly end in 6 days.
This will make a heavy impact on the UK economy given 40% of the UK's exports to the EU are services.
This will make a heavy impact on the UK economy given 40% of the UK's exports to the EU are services.
The deal also doesn't fulfil British businesses' wish for Mutual Recognition of Professional Qualifications, which would've allowed workers like doctors, engineers & architects to continue having their qualifications recognised in EU.
UK has protected their 🐟, but not their 👨💼.
UK has protected their 🐟, but not their 👨💼.
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