LORD FOX #BrexitDeal#BrexitReality 2. Double regulation means double cost! Any UK company wishing to export to EU now must comply with both new UK regulations & standards & EU ones—an extra set of design, testing, certification & admin costs. Eg Chemicals = £1 bn of EXTRA cost!
What are Govt doing to alleviate millstone hanging around British industry? 3. Rules of Origin: #BrexitDeal does not allow for parts imported from regions outside UK & EU to be counted towards local content = diagonal cumulation.This will make it hard, or impossible☡😭 for...
our more complex MANUFACTURERS to avoid being hit by heavy tariffs from EU.😭What are Govt doing about that?
..undeniable issues. This Conservative treaty makes things WORSE for:
investors
workers
consumers
Finally, it is clear..there are many further deals to be made😱😭
..a welter of c'ttees to hammer out these details— 32 c'ttees & working parties....Noble Lords should remember that, if either party is not happy, the entire deal could be terminated with just 1 yr’s notice. The UK & the EU will be arguing about our relationship for YEARS!😭😬💔
☡☡"So much for this deal giving certainty to business. Business will soon realise that things are NOT fixed; they are still moving.
WITHOUT CERTAINTY, CAPITAL TAKES FLIGHT" (Lord Fox🔥)☡☡
LORD KERR
"FARCICAL proceedings, rubber-stamping a CRUCIAL Bill in an afternoon"😱
What's most striking =treaty's ASYMMETRY: We are a service economy running goods deficits & service surpluses, yet this treaty gives the 27 free access here for their goods but gives us nothing..
❌NOTHING in return on services:
❌NOTHING for the City or Edinburgh;
❌NO passporting
❌NO equivalence
❌NO recognition of qualifications
❌NOTHING on data adequacy
❌NOTHING for the digital or creative economy, hard hit by the loss of free movement.💔😭
As for exports of UK goods, on top of the NEW BORDERS & BUREAUCRACY, our negotiators have LOST on:
Rules of origin, on SPS & on testing & certification.😭
EU exporters to us face no similar costs here, so it is not just asymmetrical, it is LOSE-LOSE😭#BrexitReality#BrexitDeal
LORD MARKS #BrexitBill
=Draconian limitation of our scrutiny:
❌NO C'ttee stage
❌NO Report stage
❌NO amendments
❌3 mins each to speak
—flows directly from the Govt being too cowed by the ERG 😬to extend the transition period beyond tomorrow.😭😭
= Disgraceful Hobson’s choice
I will vote against the Bill..in protest against this bad agreement & its chaotic, UNDEMOCRATIC implementation. The Bill is UNDEMOCRATIC not just in its timescale but in its content, with MASSIVE, all-encompassing HENRY VIII powers in Clauses 31- 33
"The PM wrote to us all on Christmas Eve that the agreement prioritises the safety & security of citizens"🙄😜
..[NB lengthy list of counterfactuals]..
"The replacements are NO match for what we are losing.
Why, then, this series of RETROGRADE steps for security & justice?"
LORD WRIGGLESWORTH
🔥 "BONFIRE not of red tape, but OF BUSINESS" 🔥
+ "uncertain future for financial services"☡
"A PERVERSE & RETROGRADE step by a Conservative Party captured by an IDEOLOGICAL, ANTI-EUROPEAN group, fuelled by POPULIST XENOPHOBIC NATIONALISM." 🔥🔥🔥😭
As OBR has forecast, this 🔥BONFIRE OF BUSINESS will directly lead to a fall in GDP & to us being poorer, particularlythose at the bottom of the pile.😭
That alone is a very good reason for voting against the #BrexitBill, but there is an even more important reason...
..it represents a damaging change in role for the UK =wholly against the interests of its people😢
Never has there been a time since WW2 when we need close allies & the closest co-operation btwn the nations of the world more...to solve world problems that we all face together.💔
SO MANY constitutional experts condemn Exec abuse of powers @HLConstitution
Many distinguished figures eg Lord Hannay (former ambassador & Perm Rep to EU & UN) condemn as a TRAVESTY @HansardSociety said it was an 'abdication of constitutional responsibility' & a 'farce'!
THREAD
LORD HANNAY cont #BrexitBill UNTRUTHS
Does jurisdiction of ECJ in this country cease on Thursday?
No, not in NI, & not in respect of issues relating to the status of EU citizens living & working in this country
Are were gaining our independence?
No, we never lost it! #BrexitLies
How otherwise could we have decided to leave the EU?
Are we regaining unfettered sovereignty, that golden calf before which so many supporters of leaving the EU seem now to worship?
NO, this agreement we are debating inhibits the exercise of our sovereignty in hundreds of...
different ways, as does our membership of NATO, acceptance of the compulsory jurisdiction of the UN’s International Court of Justice & the WTO's dispute settlement procedures,as do the provisions of the rules-based international order we are, quite rightly, defending & promoting
@PeterHain🔥 #BrexitBill= a TRAGEDY😢
Dogmatism which confuses sovereignty with power & influence has triumphed. This thin deal is better than no deal...but no pumped-up, jingoistic celebrations can disguise an act of GRATUITOUS, ENORMOUS NATIONAL SELF HARM. 😭💔
Our weight and influence on the global stage as a senior member of the world’s biggest trading & diplomatic bloc is now reduced to that of a bit player in an increasingly dangerous multipolar world.. a rule-taker, excluded from the v European trade, defence, foreign & external..
security policy-making that still impacts directly upon us as a close neighbour & trading partner.
Leaving EU SM (which = around half our trade), will, Govt estimate, reduce national income per head by ~5% & have 2 to 3 times the medium to long-term economic impact of Covid-19.😱