“Britain risks losing its tariff-free and quota-free trading rights with the EU if it diverges too far below European regulatory standards —- singling out a recent controversy over a UK government decision to authorise a previously banned pesticide.”
1/ 5
“ But Barnier was also clear that both sides need to learn to live with the structural changes resulting from Brexit, ranging from checks on imports of farm produce to a ban on travellers bringing meat sandwiches with them when they cross the external border. “
2/ 5
“Mr Barnier specifically laid responsibility for any difficulties facing British musicians squarely at the door of the UK government.”
3/5
“ the EU had proposed special travel rights for musicians as well as journalists and artists during the future relationship negotiations, only for the UK not to take up the offer.”
4/5
“I very much regretted the fact that when it comes to mobility between the two sides that the British didn’t display any greater ambition. We had a number of initial proposals on this,”
5/5
PS: this is a confirmation of what Barnier said when the deal was done 👇
The impact of the £20 million Murdoch investment in a new TV station with Andrew Neil and Nigel Farage is bigger than the invested money.
Imagine every journalist in the land will be invited for interviews to join the new station.
A short thread ...
1/6
The media industry has suffered in the last years, many redundancies. Journalists have families to feed, mortgages to pay.
They will keep that in mind whether they will join or not the new bully TV channel. They want to keep their options open...
2/6
Others, who will not consider joining on principle, might not want to be subject to Andrew Neil and Nigel Farage bullying so they will go soft on subjects dear to the bully boys and their billionaire owner.
So the self censorship will only grow not to upset the bully boys.
3/6
The National Audit Office has published few weeks ago a damaging report on the Brexit Government waste of advertising campaign "Get Brexit done" before the general elections in 2019. But no media has paid attention to it.
One of the conclusions of the audit report is: "the business case of the campaign did not demonstrate increased impact for the proposed spending on the air campaign compared to lower-cost alternatives."
...
3/
"The business case did not attempt to quantify the potential impact of increased spending on the air campaign in prompting public action and therefore did not assess the additional value to be derived"
Let me tell you a little story from my corner office from where I stamp many business plans.
All entrepreneurs I have seen are ambitious: they want their ideas and businesses to thrive. They are not content with standing still.
As such they are continuously looking ...
1/
... they are continuously looking to grow their business, to find new markets and to reduce costs.
Many of them operate in multiple business sectors. And they want to allocate their capitals efficiently.
This means they will invest more ...
2/
... they will invest more in projects where the returns are higher.
So for them efficient markets with standardised practices which allows constant review of the cost base is very important for the capital allocation.
3/
Let me tell you a little story about BBC finances.
This is particularly relevant as they cut £80 million.
BBC has an exporting arm called BBC Worldwide with sales in excess of £1 billions.
Because of Brexit, BBC Worldwide is losing £100 million per year
1/4
This loss of revenue comes at the expense of US and European content.
There are rules within the EU that EU broadcasters and platforms (such as Netflix) should have a certain % of European content where the excellent BBC content did qualify but now it doesn’t.
2/4
Additionally, UK content - like the US content - will be subject to withholding taxes (up to 10% depending on the country) so sales will either go down by this % or will be replaced by other content.
3/4