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Brexit

Westminstenders: Operation Yellowhammer 1q

965 replies

RedToothBrush · 09/09/2018 11:11

Boris Johnson is clearing the decks for a leadership challenge.

I guess that means that the Brexit we get all depends on what George, Michael and Boris decide over lunch and how good Operation Yellowhammer is.

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RedToothBrush · 11/09/2018 15:12

Faisal Islam @ faisalislam
NEW:
Jaguar Land Rover boss Ralph Speth, at the same event as the PM tells Sky News that no Deal Brexit could hit its profits by £1.2bn... said he is “very very concerned” by the prospect of cross channel blockages on supply chains “stopping the production lines”

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1tisILeClerc · 11/09/2018 15:12

On SKY news, JP Morgan sidling towards the exit, possibly 4000 to be relocated.

1tisILeClerc · 11/09/2018 15:16

On a selfish note, Mr Macron's speeches say he is wanting to make Europe more inclusive. As long as he includes little me in that aspiration I'll be happy. He is also wanting to reduce French reliance on the USA (so should boost job prospects in France with luck).

BigChocFrenzy · 11/09/2018 15:16

Losing 8% of current jobs would hammer the economy - and think of the other jobs dependent on them

RedToothBrush · 11/09/2018 15:17

Elizabeth Denham - head of the ICO - is giving evidence to parliament in 15 minds (3.30pm)

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DGRossetti · 11/09/2018 15:18

One plus side of losing all our manufacturing, is we also lose the ability to wage war and rain down death on innocents thousands of miles from us.

In fact, the elimination of UK manufacturing is such an obvious outcome of Brexit, it's hard not to believe that the JRMs of this world are actually undercover hippies.

BigChocFrenzy · 11/09/2018 15:18

Theresa May’s ‘bunker mentality’ Brexit

www.politico.eu/article/theresa-mays-brexit-bunker-mentality-chequers-residence-compare-to-tony-blair/

Tory MPs are not just angry about what Theresa May is doing on Brexit, they are also livid about how she is doing it < ERG seem especially angry / paranoid about last-minute cave-in ? >
....
“Theresa May’s disregard of the constitutional norms of Cabinet government would make Iraq War-era Tony Blair blush.
And he had a three-figure parliamentary majority,

DGRossetti · 11/09/2018 15:20

Is Boris island hoving into view ?

www.bbc.co.uk/news/uk-politics-45483679

Boris Johnson says May's Brexit plan 'worse than status quo'

(contd)

BigChocFrenzy · 11/09/2018 15:20

DG I'm not sure whether arms are included withing the manufacturing sector, or separately under "defenve industries"

Anyway, always a market for countries who will sell weapons that noone else will sell, to countries to which noone else will sell.

DGRossetti · 11/09/2018 15:21

Hang on a moment ...

weren't the hardest Brexiteers the ones who wanted TM to piss all over disregard convention to start with ?

Is this a case of the biter bit ?

BigChocFrenzy · 11/09/2018 15:22

Trivia warning: Grin

Ian Hislop on the One Show, suggested that

Boris recently wrote 2 letters to his wife:
One letter said he would Leave; the other said he would Remain Grin

DGRossetti · 11/09/2018 15:24

DG I'm not sure whether arms are included withing the manufacturing sector, or separately under "defenve industries"

Doesn't really matter. Nothing - nothing exists in isolation.

If the UK wants to be a big boy in the world of weapons, it needs a pretty decent civilian industrial base too. If the Brexiteers knew anything about WW2 (which I am seriously wondering about) they'd know how important shadow factories were.

Of course a decent civilian industrial base needs a decent education system. Which needs a decent social system and so on.

RedToothBrush · 11/09/2018 15:28

Mark Carney staying until end of Jan 2020 confirmed. That's an extra seven months.

Westminstenders: Operation Yellowhammer 1q
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BigChocFrenzy · 11/09/2018 15:28

City financial sector & services are prepping

https://www.bloomberg.com/news/articles/2018-09-11/risk-of-messy-brexit-mobilizes-corporate-europe-and-its-bankers

Travel company TUI AG warned of grounded vacation flights,
Cambridge University said its supply of fee-paying continental European students could run dry.
Corporate borrowers are stepping up efforts to avoid being caught off guard when Britain leaves the European Union next year.

Warnings about how Brexit might stop bond investors getting their money back are becoming lengthier,
while clauses allowing issuers to switch governing jurisdiction away from English law are appearing in documentation.
New courts to settle cross-border disputes are also opening in European capitals, a further sign of the looming threat to London’s status as a financial hub.
...
there’s still a risk that the financial institutions concentrated in London may find themselves isolated from their clients across a hastily constructed border.
To head off the unthinkable, scores of lawyers, lobbyists and bankers have been rewriting the debt-market rule books.

“A messy Brexit is not just a tail risk, it’s a bigger probability event and it needs more air time in documents,”
...
The ‘risks’ sections included in all bond prospectuses have become longer to incorporate “more fulsome” attention to the potential mishaps triggered by Brexit,

topcat1980 · 11/09/2018 15:30

This also talks about removing NTBs from trade.

So that'll be all health, saftey, environmental and emmission standards on imports.

It also repeatedly uses the term World Trade Deal, that's eroneous.

Saying farmers will be fine because they can use our contributions to the EU to invest in R and D and meeting new markets, same for manufacturing.

Funny that the NFU and manufacturing bodies have a different opinion isn't it. But they are the experts we don't like, we only like experts who fudge facts so that Brexit looks great.

SusanWalker · 11/09/2018 15:44

I literally can't take it amymore. All their lies and their manipulation. I switched on the tv this morning to see Mogg spewing his usual crap. He said that because we are co signatories to the trade deals signed by the EU the other countries have to roll them over. Then he said South Korea was ready to sign the same trade deal with us we already have and that they want a deeper relationship on top. So which one is it Mogg? If they have to roll them over then why say South Korea is ready to sign with us like it's an achievement? You fucking disingenuous bastard.

I had to put Netflix on and watch Friends until I calmed down. It's the blatancy of it all that gets to me.

topcat1980 · 11/09/2018 15:50

"He said that because we are co signatories to the trade deals signed by the EU the other countries have to roll them over. "

That's just not true.

thecatfromjapan · 11/09/2018 15:55

Me too, Susan.

I had a bad night, last night. Found myself awake and really, really angry.

1tisILeClerc · 11/09/2018 15:59

Courtesy DGR, {Doesn't really matter. Nothing - nothing exists in isolation.}
Ever get the feeling that the ERG are trying to disprove this theory?

woman11017 · 11/09/2018 16:05

susan and cat and thanks for the explanations topcat
It's just so frightening.

woman11017 · 11/09/2018 16:08

Boris Johnson says he would rather stay in the EU than accept May's 'humiliating' Brexit plan
uk.businessinsider.com/boris-johnson-would-rather-stay-in-eu-than-accept-theresa-may-brexit-plan-2018-9

RedToothBrush · 11/09/2018 16:09

An image that says a thousand words.

Westminstenders: Operation Yellowhammer 1q
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1tisILeClerc · 11/09/2018 16:10

Without dismissing all the great work of the contributors to the Brexit threads (this in particular) how the hell do the ERG think that the 'amateurs' like Mark Carney, the leaders of real companies in the UK and abroad, heads of banks, heads of other countries even don't notice they are talking complete crap?
Made all the worse in that it has the word RESEARCH in the group's title, when it is obvious that if they have done some they abandoned it and played with the unicorns instead.

DGRossetti · 11/09/2018 16:12

Not only does nothing exist in isolation spatially. Nothing exists in isolation temporally.

In the same way the UK now is not the UK of 1972, the EU now is not the EU of 2016. And come 2020, it's unlikely to be the same as now.

Some of the greatest mistakes I have seen in business have come from older people who somehow assume that next year will just be like last year. It was thinking like this which crippled a company that was part of my last employers estate, when some genius in 2005 laid down an executive rule that the over 50s "didn't use the internet".

Of course come 10 years later, when the 40-year olds of 10 years gone are now 50 and there is all presence on the internet, the company is in the crapper (as it's business was aimed at the over 50s).

It's like people predicting the return of the high street, or PC sales will explode, or that we'll never see autonomous cars etc etc etc.

I'm sure there's a young beat poet somewhere that could write a song about it. It might even make the hit parade.

RedToothBrush · 11/09/2018 16:12

Boris Johnson says he would rather stay in the EU than accept May's 'humiliating' Brexit plan

More both-siderism politics.

Read the statement as a leaver. Read it as a remainer. It pander to both. It's not a revelation nor a story. It's leadership campaigning.

Keep your eyes peeled for more of this from Johnson.

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