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26 Jun, 9 tweets, 1 min read
The DUP’s fifth leader with his deputy Image
‘It’s been a difficult & bruising period…we’ve all played a part in that.’
The new leader quickly gets onto the Protocol, attacking it for undermining the principle of consent.
‘My priority…will be to right the wrong that has been done by the imposition of this Protocol.’
He said Edwin Poots did not attend today ‘due to prior commitments.’
He is not drawn on what this ‘big win’ is on the Protocol which Edwin Poots says the Sec of State has promised.
He says any solution must respect the integrity of the UK single market as well as the EU single market.
He says Irish govt ‘cheerleading’ for the Protocol is unacceptable & Dublin must listen to unionist concerns. Will not be business as usual on N-S issues if Irish govt continues to support the Protocol.
Very nice meadow at the DUP meeting venue Image

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More from @JP_Biz

JPCampbellBiz - Open a window, keep your distance Profile picture
28 Jun
Sefcovic tells MLAs the EU is ‘prepared to take bold steps’ on flexibilities if UK is committed to implementing Protocol in full, including changing EU laws if necessary. He’s quickly onto a Swiss-style SPS deal.
He describes the Art 16 debacle as a ‘genuine mistake’ for which the commission President has expressed regret & apologised.
Chilled meats: Remains confident of a solution in next 48 hours. (ie. grace period extension to be confirmed.)
Read 16 tweets
JPCampbellBiz - Open a window, keep your distance Profile picture
26 Mar
Theresa May’s former Brexit advisor @RaoulRuparel has some ideas on how to tackle the Irish Sea border agrifood (SPS) issues. It’s these which have caused most of the practical problems politico.eu/article/brexit…
To recap: NI is still in EU single market for goods. GB is not. This means food products GB-NI face a range of onerous EU certifications & checks. These processes are not yet fully implemented due to grace periods & govt support.
Two broad solutions have thus far been suggested: ‘Swiss’ or ‘New Zealand’. Raoul says neither of these is really a runner.
Read 7 tweets
JPCampbellBiz - Open a window, keep your distance Profile picture
25 Mar
UK Brexit Minister Lord Frost says the Specialised Committee will meet tomorrow. This is the technical/ official committee which sits below the Joint Committee.
Frost also took two questions on SPS. Not budging on Swiss style alignment as UK would have to accept EU laws.
He says they proposed an equivalence deal in the TCA but the EU were not open to that. (There is a world of difference between equivalence & dynamic alignment.)
Read 5 tweets
JPCampbellBiz - Open a window, keep your distance Profile picture
25 Mar
Nat West’s business in the Republic of Ireland has been fined 38m euro for regulatory breaches in its handling of some mortgage customers.  The fine on Ulster Bank is the largest ever imposed by Ireland’s Central Bank.
The Central Bank uncovered what it described as "serious failings" in treatment of 5,940 customers over a 16 year period. Earlier this year Nat West announced it was closing the Ulster Bank business in the Republic but staying in Northern Ireland.
The investigation was all about tracker mortgages. These were very popular in the Republic of Ireland during the economic boom years - the interest rate was fixed at a certain level above the European Central Bank (ECB) base rate, often for the lifetime of the mortgage.
Read 5 tweets
JPCampbellBiz - Open a window, keep your distance Profile picture
25 Mar
There was an improvement in living standards in NI in the year before the pandemic, official figures suggest. Most indicators of poverty fell with significant decline in poverty among working age adults. Typical weekly wages also grew by 4% during 2019, well above inflation.
In 2019/20 13% of individuals were in absolute poverty, a fall from 16% the year before. The fall was bigger among working age adults, down from 16% to 11%. There was also a statistically significant decline in relative poverty among working age adults, from 18% to 14%.
This probably reflects the historically strong labour market in NI pre-pandemic where on some measures it looked close to technical full employment.
Read 4 tweets
JPCampbellBiz - Open a window, keep your distance Profile picture
9 Feb
NI’s Alliance Party has written to the EU & the UK govt suggesting a veterinary agreement as a way to tackle the most acute issues on the Irish Sea border - the trade in food products.
They have asked the EU to extend the current grace periods, and then use the Trade Specialised Committee provided for with the Trade and Co-operation Agreement to agree the necessary measures.
They suggest three outcomes:
1) A comprehensive UK-EU veterinary agreement. With the Protocol, this would in effect apply to GB to EU trade. This is the Swiss option & not v attractive to sovereignty maximisers.
Read 7 tweets

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