Brexit: Negotiations

[Number_25]

Hammond threatens EU with aggressive tax changes after Brexit

The chancellor, Philip Hammond, has suggested Britain could transform its economic model into that of a corporate tax haven if the EU fails to provide it with an agreement on market access after Brexit.

In an interview with the German newspaper Welt am Sonntag, Hammond said that if Britain were closed off from European markets after leaving the EU, it would consider abandoning a European-style social model with European-style taxation and regulation systems, and “become something different”.
The chancellor made his remarks in response to the suggestion that “the impression on the European continent is that your government sees the future business model of the UK as being the tax haven of Europe”.

Hammond responded that “most of us who had voted remain would like the UK to remain a recognisably European-style economy with European-style taxation systems, European-style regulation systems etc. I personally hope we will be able to remain in the mainstream of European economic and social thinking. But if we are forced to be something different, then we will have to become something different”.

Asked to clarify his remarks, Hammond said: “We could be forced to change our economic model, and we will have to change our model to regain competitiveness. And you can be sure we will do whatever we have to do."

I feel that for parity here, I will keep all political beliefs to myself and look at these proposals from an objective viewpoint.

Firstly, this threat is obviously worthless as we still have both a trade and budget deficit to account for. Any attempt to cut our already scandalously low rate of corporation tax would further increase debt.

Secondly, these threats of effective self-harm (whatever we have to do) also puts us on the backfoot when it comes to negotiations as we're effectively showing ourselves to be helpless.

Thirdly, as far as I'm concerned we still want to remain members of the G7, and the OSCE - both of which have clear and concise rulings on ensuring fair and competition rates of corporation tax.

And lastly, it's clear that there exists no clear plan for Brexit. It's just empty nationalistic rhetoric as far as our European counterparts are concerned.

We're a joke, and we're about to have our trousers pulled down.

 

[Number_25]

LEAKED TO ME, PERSONALLY. THE BREXIT PLAN.

1. Britain will leave the EU, Brexit means Brexit.
2. We will make the best deals, really(!) People come up to us and say, "hey britian, we'd like to do deals with you". I've not been directly told this, but someone said it once. Trust me.
3. But not with the Europeans, they're pretty bad.
4. ???
5. Brexit.

 

[TheFinnFan]

Trump just stated he will do good deal with you guys

 

[Number_25]

Trump just stated he will do good deal with you guys

"Donald Trump’s trade chief has urged Britain’s rivals to exploit the “God-given opportunity” of Brexit to take business away from the UK, it has been reported.

Wilbur Ross, the incoming US Commerce Secretary, said Britain was facing a "period of confusion" following the vote to leave the EU and that it was "inevitable" there would be "relocations", which would leave Britain "ripe for exploitation."

 

[Ashtonian]

I think it was said the best.

How many people would change their stance on the issue if they knew back then that there was absolutely no plan if we were to leave?

Me, for one. I backed the leaving on certain opinions but if i knew not one person backing it actually had a clue or wanted to be involved, with the only one not even in the camp then i would have changed my vote.

the fact we aren't re running the vote based on this, shows us up as stupid. Leaving means leaving, aye but people who voted leave were lied to and given false information. They voted to leave based on essentially nothing in the end.

 

[Woolly Blue]

I feel that for parity here, I will keep all political beliefs to myself and look at these proposals from an objective viewpoint.

Based on the rest of your first post, I'm assuming the above was typed with tongue firmly in cheek ?

 

[The Cowboy]

LEAKED TO ME, PERSONALLY. THE BREXIT PLAN.

1. Britain will leave the EU, Brexit means Brexit.
2. We will make the best deals, really(!) People come up to us and say, "hey britian, we'd like to do deals with you". I've not been directly told this, but someone said it once. Trust me.
3. But not with the Europeans, they're pretty bad.
4. ???
5. Brexit.

This 'objective viewpoint' of yours isn't objective at all, is it?

 

[The Cowboy]

I think it was said the best.

How many people would change their stance on the issue if they knew back then that there was absolutely no plan if we were to leave?

Me, for one. I backed the leaving on certain opinions but if i knew not one person backing it actually had a clue or wanted to be involved, with the only one not even in the camp then i would have changed my vote.

the fact we aren't re running the vote based on this, shows us up as stupid. Leaving means leaving, aye but people who voted leave were lied to and given false information. They voted to leave based on essentially nothing in the end.

People who voted remain were lied to as well, Ash. Just leave it.

 

[Number_25]

This 'objective viewpoint' of yours isn't objective at all, is it?

Second post.

 

[coollino]

I'm just pleased it's in safe hand and everyone know what they are going

 

[coollino]

Trump just stated he will do good deal with you guys

Cheers mate.

 

[Frank Gallagher]

LEAKED TO ME, PERSONALLY. THE BREXIT PLAN.

1. Britain will leave the EU, Brexit means Brexit.
2. We will make the best deals, really(!) People come up to us and say, "hey britian, we'd like to do deals with you". I've not been directly told this, but someone said it once. Trust me.
3. But not with the Europeans, they're pretty bad.
4. ???
5. Brexit.

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

 

[Number_25]

Cheers mate.

"Donald Trump’s trade chief has urged Britain’s rivals to exploit the “God-given opportunity” of Brexit to take business away from the UK, it has been reported.

Wilbur Ross, the incoming US Commerce Secretary, said Britain was facing a "period of confusion" following the vote to leave the EU and that it was "inevitable" there would be "relocations", which would leave Britain "ripe for exploitation."

 

[Bruce Wayne]

Fellas, we've been around the houses on this for several months, and as nothing is likely to happen until March and the triggering of Article 50, I suggest we park this topic until then.