https://www.ft.com/content/c00ab524-...4-813cfd491bd5
A 'Benefits of Brexit' report is to be issued.
Fair play. This should put those of us that think Brexit is monumentality stupid properly in our place.
| + Visit Cardiff FC for Latest News, Transfer Gossip, Fixtures and Match Results |
https://www.ft.com/content/c00ab524-...4-813cfd491bd5
A 'Benefits of Brexit' report is to be issued.
Fair play. This should put those of us that think Brexit is monumentality stupid properly in our place.
The PAC not impressed so far it seems;-
https://www.bbc.co.uk/news/business-60308494
I give it 5 years and everyone will be screaming for another referendum. You can only hoodwink so many people for so long.Originally Posted by the other bob wilson
Well, the EU has been around for nearly 30 years now and there's millions of people here who seem to think it's entirely a bastion of goodness and perfection..
Perhaps Sir Kier will grow a pair and say what he thinks ready for the next election and suggest Labour will return to Europe , the election will then deliver a fair indication of peoples views as they are now much wiser , and if as you say if folk have been hoodwinked they can deliver their view in full at the ballot box .
No now's not the time. Too much Tory shit to clear out first. I don't think Keir will need to campaign for another referendum in a few years, it will become an open goal. I know you're different to most people but eventually the penny drops and people start to realise they've been gaslit.
Quite right, it is.
Exporter says he is one of the idiots who believed brexit lies
https://youtu.be/tJi9-E5A_BQ
Rule takers or rule makers?
Rees-Mogg sought to remove the need for UK standards and accept those from other trading blocs, including the EU, even though the UK government is busily introducing its own UK standards (requiring companies to double certify with the CE standard in the EU).
It would have been quite a victory for Rees-Mogg, removing the double labelling being introduced as a direct result of Brexit, if it hadn't been for those pesky bureaucrats in No 10!
https://twitter.com/pmdfoster/status...29713227579411
We really do need to draw a breath , personally I don't agree or see this rush to reverse it , I think Labour know this hence the new Brit flag waving efforts.
It's about time we forgot this silly project and get back to being part of the EU. Together stronger and let's start righting the wrongs of the world. Will you join me in starting a petition for another referendum? By the way, I've got faith in you, hold my hand and I can lead you there!
nothing to do with brexit but worth a mention
i like good economic news especially in South Wales so nice to see the Royal Mint investing
https://www.mtdmfg.com/news/the-roya...ste-into-gold/
Saw that on the news yesterday. Seemed very impressive
I am feeling more confident that the UK will remain strong outside of Europe, and remain a good support when needed, as we are now in Ukraine.
And good news folk are still intrested in investing, see below :
Pennsylvania-headquartered Crown Holdings has announced plans to build a new beverage can manufacturing plant in the UK.
Construction of the Peterborough plant will begin during the second quarter of 2022 with the first line expected to commence production during the second quarter of 2023. Additional lines are planned in a phased manner to reach over three billion units of annual capacity.
The finished 625,000 sq ft facility, expected to employ 280 people, will be ( Crown’s largest manufacturing facility for beverage cans in Europe.)
https://www.theguardian.com/uk-news/...iday-agreement
A bilateral trade deal between the US and the UK is “desirable” but will not progress while the Northern Ireland peace deal is being used for domestic political purposes, one of the most powerful American congressmen has warned.
Richard Neal, the chairman of the ways and means committee, has told the Guardian: “We will not entertain a trade agreement if there is any jeopardy to the Good Friday agreement.
“A bilateral trade agreement with the UK is desirable – there’s no question about that. I’m very open to that. But what I’m not open to is holding the Good Friday agreement hostage over domestic politics.”
More on the VAT Cut for the Spectator around the benefit of VAT in and out of EU last para is a good summary the truth lies in between I guess :
Labour’s Chris Bryant was quick to try to scotch Rishi Sunak’s claim that it was only thanks to Brexit that he was able to remove VAT on a number of home energy improvements, such as the installation of solar panels. Within a few minutes of Sunak making the claim, Bryant had tweeted:
'Contrary to what Sunak said, there is already a VAT exemption on solar panels and heat pumps already happens in the EU, so this is not a benefit of Brexit.'
So who is right? Is it Brexit wot gave us our VAT-free solar panels or is it just another Brexit myth, to be dismissed like the £350 million a week claim on the side of the Vote Leave campaign bus?
The truth, interestingly, lies somewhere in between. During Britain’s membership of the EU the country was subject to its VAT rules. Member states were generally required to levy VAT rates of at least 15 per cent. However, there were a couple of exceptions. Members states were allowed to levy a reduced rate of no less than five per cent in one or two areas. Moreover, states were allowed to continue to levy zero rates so long as those zero rates had been in place on 1 January 1991.
It was these rules which allowed Britain to continue to levy zero rates on items such as food, newspapers and children’s clothes, as well as to levy a reduced five per cent rate on domestic fuel. These rules were described as ‘transitional’ – the idea being that one day they would be swept away and VAT harmonised across the EU, which would have meant the UK having to impose VAT on food, for example.
In 1998, that five per cent rate was extended to ‘energy saving materials’ in buildings, which included solar panels. However, in 2015, UK government fell foul of a judgement by the European Court of Justice that its five per cent VAT rate on solar panels was in contravention of EU law. The court ruled that the reduced rate would be admissible if it applied to groups with certain social needs, but a general five per cent rate was not allowed: Britain’s standard rate of 20 per cent would have to be applied instead. As a result, the government came up with the rule that only the over 60s could qualify for solar panels at a reduced VAT rate of five per cent (ignoring the obvious objection that many over-60s are a lot wealthier than a lot of under 60s).
However, last December – nearly two years after Britain left the EU – the European Council approved a proposal to amend VAT rules so as to lower rates on certain goods and services with environmental objectives. Under the proposal, member states would be instructed to set VAT rates between zero and a maximum of five per cent on a basket of goods and services including 'Supply and installation of solar panels on, and adjacent to, private dwellings, housing and public and other buildings used for activities in the public interest.' It also included electric bicycles and waste recycling services. In other words, having taken Britain to court over the matter, the EU is now proposing to adopt the UK policy to which it had objected. The proposal cannot become law without first being voted on by the European Parliament.
The basic facts are, then, that Britain tried to reduce VAT on solar panels and other home energy improvements years ago, while still a member of the EU. The EU stopped us, but now, after we have left, it wants to copy our example. That is hardly a ringing endorsement for EU membership. Indeed, it reminds us of an underlying truth: that as members of the EU we had to obey high-prescriptive rules on VAT – and now we can set whatever rates we feel like.
I know someone who works in solar panel installation. It absolutely is the case that the UK couldn't reduce the VAT on them whilst bound by EU laws.
Let's be sensible and admit there are pros and cons of being in or outside the EU, but things like this are most definitely a positive.
Crikey, another post in Latin.
https://www.theguardian.com/commenti...ern-ireland-eu
We get regular Crace/Hynde stuff but I find that this is far clearer on the international mess this country is in than either.
Latin is more easily deciphered.
Inflation up to levels not seen since…..
It's more Stanley Unwin for those of a certain vintage
Nearly £90 quid for use of mobile abroad with roaming passes for me.
It all keeps adding up.
Not brext related as you well know unless you think USA is in Europe .
This might help you :
"" Countries experiencing conflict, upheaval or major economic problems in 2022 are expected to see inflation rates far above the global average of 7.4 percent.19 May 2022""
Countries experiencing conflict, upheaval or major economic problems in 2022 are expected to see inflation rates far above the global average of 7.4 percent. Among them are Venezuela, Sudan, Zimbabwe, Turkey, Yemen and Argentina.
https://www.statista.com/chart/27480...on-by-country/
Ffs. Did you really use this as your best hit
Posting Permissions
Reply With Quote