Political relations between UK-EU

  • Thread starter Thread starter Ric
  • Start date Start date
west didsblue said:
I'd love it to be true and not an exaggeration. Are there any other links other than the Telegraph? Nothing comes up on Google.
Click to expand...
Sounds like this started last year. From the article

"HSBC says outflows reached half a trillion euros in the fourth quarter, an annualised pace of 20pc of GDP. It quickened to €250bn (£214bn) in the single month of December. The scale is breathtaking. It happened before the vaccine debacle condemned Europe to an extra quarter of economic recession and social despair.

“Relative to GDP, these outflows were the largest we have seen going back 20 years,” said Paul Mackel, HSBC's currency chief. Hedging contracts have prevented this setting off a disorderly slide in the euro but that does not change the fundamental picture.
 
jaseirai said:
Sounds like this started last year. From the article

"HSBC says outflows reached half a trillion euros in the fourth quarter, an annualised pace of 20pc of GDP. It quickened to €250bn (£214bn) in the single month of December. The scale is breathtaking. It happened before the vaccine debacle condemned Europe to an extra quarter of economic recession and social despair.

“Relative to GDP, these outflows were the largest we have seen going back 20 years,” said Paul Mackel, HSBC's currency chief. Hedging contracts have prevented this setting off a disorderly slide in the euro but that does not change the fundamental picture.
Click to expand...
So nothing to do with UVDL's comments over the last few days.

Odd that I can't find any reference to this outside that article. There's no shortage of articles that tell us about trillions of pounds worth of assets moving from the UK to the EU.

It looks like that quote from the HSBC currency chief relates to movements away from the Euro currency, not necessarily transfers into the UK.
 
west didsblue said:
So nothing to do with UVDL's comments over the last few days.

Odd that I can't find any reference to this outside that article. There's no shortage of articles that tell us about trillions of pounds worth of assets moving from the UK to the EU.

It looks like that quote from the HSBC currency chief relates to movements away from the Euro currency, not necessarily transfers into the UK.
Click to expand...
Not linked to Useless Fond of Lying but threatening to steal legally purchased private property isn't going to help.

"There has been steady buying of sterling during New York opening hours by US funds. Japan’s giant life insurers and pension funds are scooping up gilts. RBC Capital says they purchased a net $5.5bn of UK bonds in January alone, the highest in five years.

BNY Mellon, the world’s top custodian bank with $41 trillion under watch, says its iFlow data is detecting a marked shift into UK assets by global fund managers. “It is not just a one-off story after the Brexit deal. It has been going on since last year. Funds are rotating back into UK equities,” said Geoffrey Yu, the bank’s Europe strategist"

Firefox/Iceraven with ublock origin and bypass paywalls enabled in add ons.
 
yet another Brexit bonus - all your Polish and Romanian doormen and women have gone back home because they don't like living in a place thats hostile to them............ever get the feeling Brexit was never really thought out?


www.bbc.co.uk

Shortage of bouncers could stop clubs reopening

The body representing security staff says it may not be able to meet demand when nightlife restarts.
www.bbc.co.uk www.bbc.co.uk
 
bluethrunthru said:
yet another Brexit bonus - all your Polish and Romanian doormen and women have gone back home because they don't like living in a place thats hostile to them............ever get the feeling Brexit was never really thought out?


www.bbc.co.uk

Shortage of bouncers could stop clubs reopening

The body representing security staff says it may not be able to meet demand when nightlife restarts.
www.bbc.co.uk www.bbc.co.uk
Click to expand...
Shortage of vets too.

And daffodil pickers.
 
Titan airways (air charter) opening base in Malta. They were told there would be reciprocal arrangements but for a flight to / from the EU they need a licence for the route from the (sovereign) destination country - which some are granting only if an EU carrier can't do it (and finding out takes time). UK not bothered and granting permits to EU carriers. Same for flights within EU, or EU to further afield.

So they were lied to, even as the govt hailed the deal.
 
Last edited:
A bit of nostalgia ....

I checked what I'd been posting in the Brexit thread a year ago....

Me:

Here's the CAA's list of what they assume happens if we have no deal:

The UK leaves the EU at 11 pm on 31 January 2020. Through the EU (Withdrawal) Act 2018, all European aviation laws are adopted at the point of exit. Changes will be made to ensure those laws are legally operable.

The UK continues to mirror EU aviation regulations for at least a two-year period.

The UK withdraws completely from the EASA system on 1 January 2021, meaning that the CAA will need to fulfil regulatory functions without having EASA as a technical agent and without having access to EASA and EU-level capabilities.

The UK is no longer included in EU-level Bilateral Aviation Safety Agreements. New UK agreements will come into effect.

There is no mutual recognition agreement between the EU and the UK for aviation licences, approvals and certificates.

UK-issued licences and approvals (issued when the UK was an EASA member) will continue to have validity under UK law but only those contained in EU Regulation 2019/494 will continue to have validity within the EU system, as defined by that regulation.

The EU treats UK airlines as Third Country Operators.

All licences issued by the CAA under EU legislation, and all type approval certificates and third country approvals issued by EASA under EU legislation, will continue to have validity under UK law, provided they were effective immediately before 1 January 2021.

The UK has minimised additional requirements for licences, approvals and certificates from EU aviation and aerospace companies providing services and goods in the UK.


One poster responded:

Its not because you have zero clue as to what future agreements will be in place.

If you want to believe because it suits your narrative that UK airlines wont be able to set up routes in the EU then knock yourself out.

Im not buying it nor agreeing with it though, sorry.

And another offered (the bolding and the verbosity are clues...)

Shock / horror No.1

The lead negotiator of the EU, during key period leading up to commencement of negotiations and recognising the sycophancy at Westminster that undermines the UK, chooses to suggest a range of possible outcomes that will set hares running and feed the sycophancy and be possibly debilitating to the UK's negotiating position.

Shock / horror No. 2

Remainers desperately scraping around for something / anything - no matter now weak - seek to use it as if it represents some 'nugget' - even if it is really nothing more than yet more mineral pyrite


Both no longer post.
 
bluethrunthru said:
so they are looking to deal with illegal immigrants in a strong manner - rather like people want to happen here? I have no doubt Patel will deploy the same tactics for EU citizens living in the UK who also fail to get their residency sorted out.
Click to expand...
Highly likely. And nobody can protest.
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top