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30 Dec 20, 4 tweets, 2 min read
Starmer goes hard on Johnson's false claim there will be no non-tariff barriers to trade with the EU. Twice asks Johnson to correct the record. He does not 1/
Starmer then lays out the wave of bureaucracy that's coming. `This treaty imposes far more red tape on British businesses than there is at the moment', the @UKLabour leader says 2/
You can read about the changes coming here 3/ bloomberg.com/news/articles/…
And here's our story on the ongoing debate ends/ bloomberg.com/news/articles/…

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More from @Joe_Mayes

Joe Mayes Profile picture
24 Dec 20
New: the U.K. is claiming victory over the EU in the Brexit talks. Let's take a closer look... 1/ bloomberg.com/news/articles/…
.@EuroGuido has shared a `scorecard' of the negotiations, claiming Britain `won' 43% of the issues in the talks. EU won 17%, 40% were mutual compromise. Bear in mind, this is the British negotiating team marking its own work.. 2/ order-order.com/2020/12/24/exc…
The key q is *how important* are the issues. Just tallying them up doesn't say much. If you won lots of small, low-impact areas, but lost in big areas important to your economy, that's what matters 3/
Read 10 tweets
Joe Mayes Profile picture
23 Dec 20
New: the queues at Dover are just a taster of what Brexit could bring, industry warns 1/ bloomberg.com/news/articles/…
`This kind of chaos, and this kind of delay, could easily be a presaging of what is to come,' says @Foodanddrinkfed's Ian Wright on @BloombergTV. `It's lifting the curtain a little on the chaos that could happen if it all goes horribly wrong.' 2/
Why could Brexit be worse? This week's chaos has been a short, sharp shock - temporary closure of one crossing with the EU, the French border. Brexit will be a structural change, affecting all ports at once, and creating customs checks indefinitely, says @RHADuncanB 3/
Read 6 tweets
Joe Mayes Profile picture
22 Dec 20
Breaking: a government fund to train customs agents for Brexit has run out of money 1/ bloomberg.com/news/articles/…
The £84m customs grant scheme was funding training courses and new IT systems to help firms prepare for the incoming wave of Brexit red tape (extra 200m customs declarations annually, deal or no deal) 2/
But now it’s been oversubscribed and applications are going on a waiting list, even amid ongoing concerns about shortages of personnel (industry says 50,000 extra agents are needed, Govt has been reluctant to say how many have been trained) 3/
Read 7 tweets
Joe Mayes Profile picture
15 Dec 20
New: EU hauliers are refusing deliveries to the U.K. in January, due to threat of Brexit border chaos. Excellent story by my colleague @alexlongley1 1/ bloomberg.com/news/articles/…
Trade experts have long warned of lengthy border queues post-Brexit, due to businesses not being ready for new customs documentation which will be required deal or no-deal 2/
And EU drivers are well aware of the threat. The result? Many simply won't attempt to cross the border in January, for fear of being caught up in the traffic. They can't afford to be idle for long, and they'll just take jobs elsewhere, says @RHANews 3/
Read 7 tweets
Joe Mayes Profile picture
7 Dec 20
While we wait for news, here's what's on the line if the Brexit talks fail... 1/ bloomberg.com/news/articles/…
Tariffs. This is the big one. Industries ranging from car-making to farming to food would face steep duties on U.K.-EU trade. Nissan, which employs 6,000 people in the Brexit-voting town of Sunderland, says its plant wouldn't be viable in that case 2/ bloomberg.com/news/articles/…
The City. We know finance is losing its passport to the EU, and has moved staff and assets into the bloc. But any hopes of an `equivalence' deal - where the EU deems UK-based firms compliant and therefore able to provide services - likely evaporate 3/bloomberg.com/news/articles/…
Read 16 tweets
Joe Mayes Profile picture
18 Nov 20
Exclusive: Companies are turning to cheap EU labour to fill in Brexit red tape, due to a shortage of workers in the U.K. 1/ bloomberg.com/news/articles/…
Reminder: hundreds of millions of customs declarations will apply to U.K.-EU trade after Brexit, even if there's an FTA. It's a consequence of leaving the EU's customs union. The docs cost between ~£35-£60 each, with an estimated total annual cost of ~£13 billion 2/
There is a shortage in Britain of trained customs staff to handle the paperwork, and the virus has hampered efforts to recruit more 3/ bloomberg.com/news/articles/…
Read 8 tweets

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