So... Brexit isn't properly happening and is getting caught up in red tape? FUCK. Does the UK enjoy being the EU's eventual test bed for Sharia Law or some shite like that?
Uh.... no.
No, it's just
cleared all the red tape and May is still well within her expected Timetable of "End of march" to inform the EU. She's actually ahead of her originally expected schedule as she is currently in no rush to get the bill royal ascent and it will be coming within the next few days. Had the process dragged for whatever reason then she may have rushed it, but had in fact planned far ahead in case there were court challenges and longer debates.
It's why the bill was kept so insanely simple to begin with, at just 136 words long, it was to cut down on the basis that they simply needed permission from Parliament to enact the referendum result thanks to the weaselling of scumbag Gina Miler who dragged an expensive case before first the High Court, then the Supreme Court.
Ironically, as Brexiteers pointed out, both parliamentarians on the remain side crowing about parliamentary sovereignty on this issue and needing a vote was proof that the process was
already working.
So what happens to all the trade deals the UK had with the EU? Do they have to do them all over again? Like what does the UK make that gives them economic leeway with the EU?
We dominate financial services in such a way all the talk of Frankfurt of Paris becoming a new financial powerhouse are
utterly laughable. London employs a staggering 1.5
million people in the financial services and trading sector, of which a scant 15-20% of its business being EU financial traffic.
Frankfurt and Paris, between them, boast about 70,000. It's like watching a 3 year old thinking it can go against a sumo wrestler.
We also import more from the EU than export, meaning that upon leaving we're their biggest single trading partner. It's in the EU's interest to keep the UK market sweet as we will suddenly have the entire global market at our fingertips for them to compete with for our money.
What about those agreements? The much vaunted 50-or-so agreements the EU had with external power houses like Mozambique, Libya and the Dominican Republic?
The EU's trade negotiations are an endless fucking joke and have been stalled for over a decade with actually useful agreements like CETA finding hurdle after hurdle in the way. Japanese-EU talks have been stalled for nearly a decade with no signs of them resuming.
In comparison, the UK already has a trade deal drafted and waiting to sign with Mexico, interest from MERCOSOR, South Korea, Australia, New Zealand, the USA, Canada, Nigeria, Kenya, Japan, India and China just to name a few with a lot of the Commonwealth of Nations now also steadily expressing an interest due to the UK's less guarded nature on agriculture being a likely boost for their own economies. Nearly all of them are looking at London's financial clout to help them raise money and The City will be only happy to deal for them.
