✅UK has taken back control
✅EU has protected the integrity of the (now smaller) single market
🤷‍♀️But business has been the awkward teen caught in the divorce.
So bring the leftovers and let’s figure out what this deal means for an A-Z of some of our leading sectors shall we? 1/
✈️Aerospace
So this industry obvs v. worried about reality of customs, but also departure from the EU agency EASA.
This is the first annex I read in full. And it feels like the negotiating teams have pulled off a pretty impressive job here, forging a process to allow 2/
recognition of certificates issued by each other’s agencies. Way beyond anything in CETA. Starts with airworthiness, with the potential to be expanded to include things like pilots training. So going backwards to build up again. But certainly beat my expectation. Points.
🍐Agrifood
Much less of a win here. 0 tariffs and 0 quota a big deal. But otherwise things've gone wrong here. Very high barriers to trade food will exist: the need for meat/dairy exporters’ establishments to be approved, vet checks etc. As Faisal says 4/

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Nicole Sykes

Nicole Sykes Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @NicoleSykes_

7 Dec
As we twiddle our thumbs waiting for white smoke from Brussels, this prompted me to reflect on how badly business lost this game. Deal or not, whatever emerges, whenever it emerges, will be a million miles from what business hoped for. How did it go so badly wrong? 🧵(1/)
I’ve lost track of how many times I’ve been told over the last 5yrs that it’s because business wasn’t loud enough. 1st during the referendum (though post-🗳️ analysis tends to agree the economic argument was won, it just wasn’t important enough). 2nd during the negotiations (2/)
I’ve said a lot about this in the past, ultimately - yes biz could have been louder. But there are many reasons why they weren’t.
And volume really isn't everything. Any lobbyist knows that you’re only loud when you’re already losing. It’s a symptom, not a cause, of loss (3/)
Read 15 tweets
23 Nov
I know, I know. A lot of news today. But gimme like… 70% of your attention for 2mins.

We know that charities have seen a buttload of additional demand this year. 55% tell @probonoecon they may not be able to service it all. But where’s it coming from? This gives us a clue (1/)
Charities like @DeafBlindUK make up some of the 19% seeing more demand from their existing clients as they help them literally navigate the pandemic.
For them, it's mostly the first kind of demand we've identified - direct Covid consequences such as loneliness, isolation etc (2/)
Then, sure, there are crisis spillover effects. Foodbanks are definitely making up some of the 39% with existing service users needing more help AND new people coming to them.

But (SPOILERS) there are 3 other kinds of demand charities are facing we should pay attention to (3/)
Read 11 tweets
17 Nov
Now 4 months into working in the charity sector and… boy. Those 5 years I spent sarcastically muttering at the void about government needing better partnership with and support for business… I didn’t know how good the private sector had it. THREAD (1/10)
At every corner during the Covid crisis, financial support schemes have been designed for the private sector and (with the noteable exception of the £750m fund) charities have to make do with it. But it’s like charities have been handed their big brother’s oversized jumper (2/10)
Furlough works if you run a brewery chain. Send staff home and claim back their salaries when pubs close and orders dry up. But it doesn’t work it you run a charity providing support to families of alcoholics, seeing rising need and unable to bench your teams to save costs (3/10)
Read 10 tweets
13 Aug
Yesterday’s GDP numbers showed a wee uptick in June, but we’re all still expecting jobs to keep bouncing down the rocky hill for a long while yet. Some of the reasons are obvious -end of furlough, second wave- but, in case of interest, some of the other less obvious ones: (1/6)
1. JRS/loans were designed for firms facing immediate loss of demand. But a bunch will experience a lag eg. The visual effects artists still able to work on film shot over Winter over Spring. But once processed, there’s nothing new to work on & help is less useful/withdrawn (2/6)
On a larger scale is fashion. There’s a debate raging about the wasted stock that was never sold this Spring. Reselling in Spring 2021 would strip work from fashion designers and manufacturers. One solution to drag it out rather than create new gap (3/6) drapersonline.com/news/is-covid-…
Read 7 tweets
18 May
So you’re a CEO trying to run a business from your study. Your husband’s looking after the kids for the afternoon, you miraculously have a spare 5 minutes. With the news about negotiations, Brexit has been nagging at the back of your mind. What are we doing on that again? THREAD
You start emailing the lead of your Brexit planning team. Damn. They’ve been seconded onto your coronavirus team because crisis management skills are useful.
After 15 minutes of digging you give up, ask your PA if they can find the plans, call your CFO about the latest figures 2/
4 virtual meetings about face mask procurement and the rising mental health issues of your staff later, at least one and half of the kids are asleep. Your email pings with a file from your PA containing your old no deal plans. You open it. Swear again. 3/
Read 12 tweets
1 May
Brexit has started to be A Thing again. Which is weird. But I’m told it’s my job to… you know… engage with it. So. Storytime.

Companies have obviously been dealing with the much bigger fire that is a global pandemic and the many resulting crises.
(1/something)
Turns out “all my customers are shut, all my suppliers are shut, I’m shut, how do I pay my staff/rent/bills?” is a more important question than “what about diagonal cumulation?” Also if your firm goes bust in May you care less about possible non-tariff barriers from January (2/)
But some firms have are now started to turn some thoughts to the topic again. So.
Here are three things that keep coming up on how coronavirus interacts with the UK-EU FTA negotiations from a business perspective: (3/)
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!