|
||||||||
Brexit: Chancellor backs a transitional period... |
![]() |
|
|
|
Thread Tools | Search this Thread |
|
|
#1 |
|
Forum Member
Join Date: Aug 2006
Posts: 30,189
|
Brexit: Chancellor backs a transitional period...
Signs of the split in Government.....Philip Hammond openly promoting the idea of a transitional period...will he be slapped down by Number 10 or John Redwood? ![]() Quote:
In a hint of the differences that have emerged within Britain's government over its strategy for leaving the bloc, Hammond said businesses, regulators and "thoughtful politicians" were increasingly supportive of a transition period.
Britain is due to launch a two-year process of Brexit negotiations by the end of March and the European Commission has said it wants an even shorter period for the talks, saying they should be completed by October 2018. That tight deadline has raised concerns among businesses, including many British-based financial services firms, about what will happen if the new relationship is not agreed by then. Prime Minister Theresa May said last month she understood business concerns that Britain could fall off a "cliff-edge" after the negotiations and she promised to address those fears in Brexit talks. Speaking on Monday, Hammond - considered to be one of the most prominent advocates of a so-called "soft" Brexit - said a transition could be used to phase in the terms of a deal successfully negotiated during the two-year divorce period, or to bridge the lack of a final settlement. Sterling added to its gains earlier on Monday as Hammond spoke. |
|
|
|
|
Please sign in or register to remove this advertisement.
|
|
|
#2 |
|
Inactive Member
Join Date: Nov 2002
Location: 47°9′ S, 126°43′ W
Posts: 2,948
|
More summation guessing the governments next step.
|
|
|
|
|
|
#3 |
|
Forum Member
Join Date: Nov 2005
Posts: 2,422
|
More likely he was the sacrificial lamb. It was an official statement at the hearing and it would have seemed like a total climb down coming from one of the Brexiters or Theresa May. At least people will expect Hammond to say this and no doubt he will castigated.
|
|
|
|
|
|
#4 |
|
Forum Member
Join Date: Nov 2007
Posts: 20,481
|
He can hope for what ever he wants.
Its up to the EU to grant us whatever they want once we trigger A50. |
|
|
|
|
|
#5 |
|
Forum Member
Join Date: Nov 2002
Posts: 76,809
|
If there wasn't going to be a transition period then the Brexit negotiations could be donne and dusted in a few months because they would only concern the process of leaving, ie divvying up assets, agreeing ongoing contributions for things like pension payments, relocating of some EU staff from the UK.................
The 'leaving' negotiations sre very straightforward This is what Euro people are referring to when they say tings like 'it should be done in 18 months' like the guy did a few weeks ago They are talking about negotiations for us to leave We are always taking about putting something in place 'after' we leave the two things are not the same but the obfuscation and terrible news spinning here makes it appear that they are Hard Brextiers like Gove just want us to leave .............six months ? ..............and sort out the future relationship with the EU and the rest of world 'after' we leave, ie from a position of being outside the EU Soft Brexiters want to sort out the future relationship before we leave ..........so probably many years of negotiations .............and they see a transitional agreement as essential to bridge a gap between leaving and the conclusion of negotiations on the new relationship. The assumption being that we will still have an 'intiminate' relationship with the EU or what is there to negotiate ? Therefore anytime anyone mentions transitional arrangements they're signifying 'soft Brexit' May did this with her speech on avoiding the cliff edge Hammond does it all the time Boris vacillates between one and the other ................a cynic might suggest that he doesn't want to alienate either wing Davies, I think, is a quick exit man as is Gove. I think Fox probably is as well there's the dividing lines for the next round of Tory in-fighting over Europe |
|
|
|
|
|
#6 |
|
Forum Member
Join Date: Oct 2013
Posts: 9,312
|
Brexit is a turd, no matter how you dress it up it's still a turd.
|
|
|
|
|
|
#7 |
|
Forum Member
Join Date: May 2015
Posts: 1,204
|
Thread is wrongly titled as "Brexit Chancellor ...".
He's a remainer, and is doing his best to undermine the government whilst trying to keep his job. Maybe he should be called a tightrope walker. |
|
|
|
|
|
#8 |
|
Forum Member
Join Date: Apr 2009
Location: Leafy London
Posts: 20,380
|
Quote:
Thread is wrongly titled as "Brexit Chancellor ...".
He's a remainer, and is doing his best to undermine the government whilst trying to keep his job. Maybe he should be called a tightrope walker. Peter Lilley thinks he's referring to a period whilst all the customs forms are re-designed. How did these empty-heads ever find their way into Parliament? To quote Basil Fawlty - I've seen more intelligent beings on their backs on the bottom of ponds. |
|
|
|
|
|
#9 |
|
Forum Member
Join Date: Jan 2013
Posts: 695
|
Quote:
If there wasn't going to be a transition period then the Brexit negotiations could be donne and dusted in a few months because they would only concern the process of leaving, ie divvying up assets, agreeing ongoing contributions for things like pension payments, relocating of some EU staff from the UK.................
The 'leaving' negotiations sre very straightforward This is what Euro people are referring to when they say tings like 'it should be done in 18 months' like the guy did a few weeks ago They are talking about negotiations for us to leave We are always taking about putting something in place 'after' we leave the two things are not the same but the obfuscation and terrible news spinning here makes it appear that they are Hard Brextiers like Gove just want us to leave .............six months ? ..............and sort out the future relationship with the EU and the rest of world 'after' we leave, ie from a position of being outside the EU Soft Brexiters want to sort out the future relationship before we leave ..........so probably many years of negotiations .............and they see a transitional agreement as essential to bridge a gap between leaving and the conclusion of negotiations on the new relationship. The assumption being that we will still have an 'intiminate' relationship with the EU or what is there to negotiate ? Therefore anytime anyone mentions transitional arrangements they're signifying 'soft Brexit' May did this with her speech on avoiding the cliff edge Hammond does it all the time Boris vacillates between one and the other ................a cynic might suggest that he doesn't want to alienate either wing Davies, I think, is a quick exit man as is Gove. I think Fox probably is as well there's the dividing lines for the next round of Tory in-fighting over Europe Well said.. And a good summary of the current situation. A50 is the process, and procedure to leave the EU. To withdrawal or exit from the EU treaties, and the A50 negotiations are regarding tidying up the loose ends, of that exit. The post A50 relationship between the EU and UK, is somewhat different and will take a number of years negotiation, hence the need for what is called a "transitional agreement and period. |
|
|
|
|
|
#10 |
|
Forum Member
Join Date: Mar 2007
Posts: 9,568
|
Quote:
Thread is wrongly titled as "Brexit Chancellor ...".
Quite a difference.... |
|
|
|
|
|
#11 |
|
Forum Member
Join Date: Mar 2010
Location: Wammy's House
Posts: 4,784
|
There's a good article over at the Guardian, the tl;dr version is that Brexit voters will ultimately be betrayed. The only question is who they will blame.
https://www.theguardian.com/commenti...sa-may-promise EDIT And here is Peter Lilley to scupper the idea of a transitional deal https://www.theguardian.com/politics...nsitional-deal Last edited by Miasima Goria : 13-12-2016 at 10:51. Reason: Added a link |
|
|
|
|
#12 |
|
Forum Member
Join Date: May 2005
Posts: 59,682
|
Quote:
He can hope for what ever he wants.
Its up to the EU to grant us whatever they want once we trigger A50. Quote:
There's a good article over at the Guardian, the tl;dr version is that Brexit voters will ultimately be betrayed. The only question is who they will blame..
|
|
|
|
|
|
#13 |
|
Forum Member
Join Date: Jun 2003
Posts: 97,113
|
Quote:
Signs of the split in Government.....Philip Hammond openly promoting the idea of a transitional period...will he be slapped down by Number 10 or John Redwood?
![]() http://www.bbc.co.uk/news/uk-politics-38297595 |
|
|
|
|
|
#14 |
|
Forum Member
Join Date: May 2015
Posts: 1,204
|
Quote:
Ah, that must be what "take back control" was all about....
Of course some will feel "betrayed" and there will be a significant minority of Faragites who won't accept anything which looks like a compromise but the reality is that a deal needs to be done which will give us the best possible outcome. If May & Co can pull off a settlement which satisfies enough of the 48% and 52% then it really doesn't matter what the hardcore leavers think. They can huff and puff and the next election but they would just look more and more like a lunatic fringe. This will put the Tories at risk of losing their overall majority and ending up back in a coalition, which they certainly don't want. And, it could even put Corbyn into No. 10. |
|
|
|
|
|
#15 |
|
Forum Member
Join Date: Oct 2013
Posts: 9,312
|
Quote:
They may look like a lunatic fringe, as you put it, but they have votes and are likely to use them to vote for UKIP if they have been betrayed.
This will put the Tories at risk of losing their overall majority and ending up back in a coalition, which they certainly don't want. And, it could even put Corbyn into No. 10. |
|
|
|
|
|
#16 |
|
Forum Member
Join Date: Sep 2003
Location: Devon
Posts: 47,995
|
At the rate things are going we won't even have officially told them we are leaving by 2018.
|
|
|
|
|
|
#17 |
|
Forum Member
Join Date: Feb 2008
Posts: 20,494
|
Quote:
They may look like a lunatic fringe, as you put it, but they have votes and are likely to use them to vote for UKIP if they have been betrayed.
This will put the Tories at risk of losing their overall majority and ending up back in a coalition, which they certainly don't want. And, it could even put Corbyn into No. 10. |
|
|
|
|
|
#18 |
|
Forum Member
Join Date: May 2005
Posts: 59,682
|
Quote:
They may look like a lunatic fringe, as you put it, but they have votes and are likely to use them to vote for UKIP if they have been betrayed.
This will put the Tories at risk of losing their overall majority and ending up back in a coalition, which they certainly don't want. And, it could even put Corbyn into No. 10. If May delivers a soft-ish exit and the economy remains stable until 2020 then I can't see many Tories wanting to rock the boat and UKIP could be a small fringe party by then. |
|
|
|
|
|
#19 |
|
Forum Member
Join Date: Mar 2010
Location: Wammy's House
Posts: 4,784
|
Quote:
Ah, that must be what "take back control" was all about....
Of course some will feel "betrayed" and there will be a significant minority of Faragites who won't accept anything which looks like a compromise but the reality is that a deal needs to be done which will give us the best possible outcome. If May & Co can pull off a settlement which satisfies enough of the 48% and 52% then it really doesn't matter what the hardcore leavers think. They can huff and puff and the next election but they would just look more and more like a lunatic fringe. Judging by what Kier Starmer is saying at the moment, May need not worry about the 48%. With each passing day a deal seems harder - unless the EU gives way on FoM. |
|
|
|
|
#20 |
|
Forum Member
Join Date: Mar 2007
Location: Hampshire
Posts: 20,806
|
Quote:
Brexit is a turd, no matter how you dress it up it's still a turd.
|
|
|
|
|
|
#21 |
|
Inactive Member
Join Date: Nov 2002
Location: 47°9′ S, 126°43′ W
Posts: 2,948
|
Quote:
The EU is a turd, no matter how you dress it up it's still a turd
|
|
|
|
|
|
#22 |
|
Forum Member
Join Date: Nov 2007
Posts: 20,481
|
Quote:
Judging by what Kier Starmer is saying at the moment, May need not worry about the 48%. With each passing day a deal seems harder - unless the EU gives way on FoM.
|
|
|
|
|
|
#23 |
|
Forum Member
Join Date: Aug 2006
Posts: 30,189
|
Quote:
More summation guessing the governments next step.
Quote:
....transitional arrangements for leaving the EU, do you think they are necessary?
Hammond gave a lengthy response.Quote:
There is an emerging view among businesses, among regulator and among thoughtful politicians and quite a universal view among civil servants on both sides of the channel, that having a longer period to manage the adjustment between where we are now as full members of the European Union and where we get to in the future as a result of the negotiations we will be conducting would be generally helpful. It would tend towards a smoother transition and would run less risks of disruption including, crucially, risks to financial stability which must be a very real concern.
The chairman of the select committee put to Hammond that the answer is 'yes', to which Hammond replied, 'you could say that, yes'.As far as I am aware Hammond so far hasn't had a slap on the wrist from Number 10. |
|
|
|
|
|
#24 |
|
Forum Member
Join Date: Sep 2003
Location: Devon
Posts: 47,995
|
The problem with talking about transitional arrangements which are easy enough to come up with such as remain in the EEA, is what is the arrangement the government wishes to get to? In other words what is it going into the exit negotiations as its end game as a transitional arrangement is only a stepping stone to that.
|
|
|
|
|
|
#25 |
|
Forum Member
Join Date: Aug 2006
Posts: 30,189
|
Quote:
If there wasn't going to be a transition period then the Brexit negotiations could be donne and dusted in a few months because they would only concern the process of leaving, ie divvying up assets, agreeing ongoing contributions for things like pension payments, relocating of some EU staff from the UK.................
The 'leaving' negotiations sre very straightforward <snip> As for the exit ministers I think David Davies quickly discovered what he wrote just days before becoming a Minister is impossible to implement. Although he still comes out with fantasies which Number 10 promptly slaps down. I suspect Liam Fox remains hardline and wants all ties cut, look what he said about British businesses to see the nature of the man. As for Boris Johnson, he can string two words together but has been exposed as a bluffer, who can't be taken at face value. |
|
|
|
![]() |
|
|
All times are GMT. The time now is 23:29.




