GBP/USD: Firm around 4-week high, ignores Brexit news amid UK’s political optimism
Neither of the main candidates to be prime minister sees benefit for themselves брексит события in a realistic debate about Britain’s European future. Why should they?
Nigel Farage said his Brexit Party won’t contest seats held by Boris Johnson’s Conservatives in order to prevent a hung or pro-Remain parliament. THE EU’s trade chief has controversially declared Boris Johnson will either get a “bare bones” trade deal from Brussels next year or none at all. NIESR estimates that Boris Johnson’s Brexit deal would deliver an economy £70bn smaller after a decade, with negative consequences for the public finances. The UK economy is already estimated to be about 2.5% smaller than it would have been under remain. Labour wants to renegotiate the PM’s Brexit deal then put it to a referendum within six months, with the option of staying in the EU.
As for Johnson’s powers of persuasion, they are fictional. He achieved removal of the backstop by abandoning a promise not to permit a trade border between Northern Ireland and mainland Britain, burning the DUP and reverting to a Brexit model he had once vigorously rejected.
Northern Ireland’s Democratic Unionist Party has criticised the proposed deal, saying it would put a legal, customs and economic border down the Irish Sea. Loyalists have objected to the deal on the basis that it would create an “economic united Ireland” and called the Brexit deal “the Betrayal Act”. The EU and UK have agreed a new Brexit deal, yet to be ratified by the British and EU parliaments, that would lead to Northern Ireland leaving the EU customs union with the rest of the UK but subject to EU customs rules that would mean goods would have to be checked at ports in Northern Ireland or Britain. Britain’s main opposition Labour party officially kicked off its election campaign on Thursday.
Just 27 per cent thought Mr Corbyn came out on top. That doesn’t mean Brexit will still dominate headlines. If the Tories prevail on polling day they will have a mandate to change the subject, and a vanquished opposition will not foist Brussels business back into the news. Jeremy Corbyn is already trying to foist it out of the election campaign.
General election 2019: Lib Dems promise £50bn ‘windfall’ from stopping Brexit
And its candidate in the Houghton and Sunderland South constituency, Kevin Yuill, believes Brexit has shaken up old political allegiances in a city that has voted Labour for decades. As we approach the general election, Brexit – and that bunch of bananas – is having an effect, shifting electoral loyalties once defined by class and party. Therefore, the idea that Labour Leavers would be in a better position by voting tactically for the Brexit Party is a total and utter fallacy. EU Counmcil chief Donald Tusk urged Remioaners not to give up and EU Trade Commissioner Phil Hogan sadi the UK will only get a swift trade deal next year if it signs up to a Europe-wide level playing field. That leaves two likely options, the EU’s Director General for Trade Ms Weyand said; a thin “bare bones” deal or a hard exit from the transition period without any deal, “for which our No Deal planning is very useful”, she added.
Realism is a gloomy song, a meandering number with dissonant harmonies and no prospect of satisfying resolution. It is not a hummable tune. It lacks the upbeat tempo of “Get Brexit done”, https://finprotect.info/referendum-o-vyxode-britanii-iz-es/ which has the makings of a one-hit wonder to top the electoral charts by Christmas. But then the months go by, it is December 2020, Johnson’s jaunty tune is an awkward memory.
But, on this showing, I believe that Boris Johnson will have advanced his cause in the public mind as someone who can deliver Brexit — an issue which continues to cloud Mr Corbyn’s mind — and govern as a prime minister who is competent, human and down to earth. The action was heavily criticised as the re branded account could have fooled potential voters that the messages praising Boris Johnson could have been coming from an independent brexit news fact checking organisation, rather than the Conservative Party. The Liberal Democrats and SNP yesterday lost a High Court challenge to have Jo Swinson and Nicola Sturgeon included in the debate. The two parties claimed ITV’s decision was unlawful because it breached impartiality rules. Lawyers for the Lib Dems claimed that with Labour sitting on the fence on Brexit, ‘the voice of Remain has been excluded’ from the debate.
- And it involves much more than Brexit.
- Why should they?
- The UK tried to retain privileges of EU membership without abiding by the rules, failed, and watched its deal deteriorate as a result.
Boris Johnson tells supporters he needed to get Parliament working again, as he launches the campaign.
Banks told Reuters that he thinks Farage will also stand down candidates in Labour marginals to avoid splitting the Brexit vote. Perhaps surprisingly for a place so strongly associated with Brexit and the leave vote, Sunderland brexit новости has a strong contingent of remain voters too. Some, such as Green Party candidate for Sunderland Central Rachel Featherstone, fear framing the election as being about Brexit risks squeezing out other important issues.
The event could also witness other party leaders sticking to their agenda. What was interesting to note was that the Liberal Democrats (LibDems) and the Scottish National Party (SNP) were then barred by judges from taking part in the ITV’s head to head election debate, up for publishing on November 19.
Second, Phil Hogan, the EU trade commissioner, has said a year is sufficient. Third, people said Johnson couldn’t ditch the backstop from Theresa May’s deal, but he did; he is the naysayers’ nemesis.
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“He’s going to negotiate a deal that suits him, which is a Remain deal and suits the EU, who want us to stay in. Morgan claimed the Labour party were only offering Britons the choice of “remain or remain”. Good Morning Britain hosts Piers Morgan and Susanna Reid took Labour’s Shadow Health & Social Care Secretary Jonathan Ashworth to task this morning as they grilled him about the Labour party’s plans for Brexit and if they would hold another referendum.
The party has not said which side it would take in such a vote. Because in the event that voters opted for Brexit in that referendum, which is promised by Labour for June, a Labour government would have even less time than Johnson – essentially no time at all – to negotiate a fully operable trade deal, if it wants to be properly out by the end of next year. I had half expected Corbyn to make a big thing of the risk that even if Johnson gets his self-styled microwaveable Brexit deal zapped and approved by MPs, such that the UK leaves the EU on 31 January, there remains a significant residual risk we’ll tumble into something very like a no-deal Brexit by the end of 2020 – since it is stretching credibility that a useful trade deal with the EU could be negotiated and approved by then, for all that Johnson claims the contrary. Boris Johnson and Labour leader Jeremy Corbyn went head-to-head in the first televised debate of the General Election campaign.
And Brexit is still not done. First overboard in the great betrayal will be fishermen. Brexit offered them false hope that foreign trawlers would be banished from UK waters. But hated quotas will be back.