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Old 04-09-2016, 12:21   #1524
Ignitionnet
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Re: Post-Brexit Thread

Japan surveyed a bunch of their businesses, and have produced a document directed at both the UK and the EU.

It basically indicates the level of disruption the Japanese will tolerate from Brexit without it endangering their investments here and in the EU.

These requests will, for those opposed to EEA membership or something very close to it, be unacceptable.

They also ask that the EU be reasonable in its dealings with the UK and if necessary offer businesses appropriate transition arrangements.

Full document is here.

Faisal Islam at Sky's analysis here.

There is nothing in here that wouldn't be expected from a 3rd party that invests in both areas, and the UK will be getting a bunch more communications like this, with the caveat that for the most part they'll probably be kept private. We'll likely have received or be receiving much the same from the USA, China and others.

Following on from this is the comment from Obama that we are indeed still at the back of the queue, and the USA is concentrating on TTIP and TTP first, which makes sense.

The Conservative government are in an unenviable position. Is the plan to turn the UK into a giant tax haven economy to retain these businesses, which will have horrendous effects for equality of wealth and income. At what price 'control'?
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