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"Businesses will face extra paperwork and costs when trading with the UK’s biggest export market. Freedom of movement for most UK nationals will end, with restr
by JohnTHaller 6y ago
"Businesses will face extra paperwork and costs when trading with the UK’s biggest export market. Freedom of movement for most UK nationals will end, with restrictions imposed on stays in EU member states. As a “third country” to the EU, coronavirus travel restrictions could be imposed on UK nationals as of 1 January."
- zests 6y agoAll I can remember from the last month is “Brexit was a bad idea —- without a trade deal the UK is ruined.”
- Isinlor 6y agoIt's not black and white. In all cases there is consensus that Brexit will be bad economically. UK went with the middle bad scenario according to their own leaked analysis [0]. The "no deal" scenario, which would see the UK revert to World Trade Organization (WTO) rules, would reduce growth by 8% over that period. The softest Brexit option of continued single-market access through membership of the European Economic Area would, in the longer term, still lower growth by 2%. [0] https://www.parliament.uk/globalassets/documents/commons-committees/Exiting-the-European-Union/17-19/Cross-Whitehall-briefing/EU-Exit-Analysis-Cross-Whitehall-Briefing.pdf https://www.parliament.uk/globalassets/documents/commons-com...
- pjc50 6y agoNo deal would have been a disaster. This is a deal, but doesn't address "non tariff barriers" like technical requirements. The trucks can roll again (once quarantine rules allow!) A few individual industries get whacked; one example I've seen is seed potatoes.