BC BREXIT
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NEW: ๐Ÿšจ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿš›๐Ÿšš๐Ÿค๐ŸŸ๐Ÿšข๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ช๐Ÿ‡บ๐Ÿšจ Building of Brexit border posts faces delays via...industry calling for delay to July 1 U.K. #brexit border roll out - my latest via โฆ@FinancialTimesโฉ

@FinancialTimes This goes back to last year, when UK gov got ยฃ430m of bids for new Border Control Posts and only funded ยฃ194m worth - and those bids that won took a 33pc 'haircut'. Result, everyone unhappy - those that got nothing, and those that won, got not enough /2

https://t.co/tk22KFIUGe
@FinancialTimes The result is that ports looking to build BCPs to accommodate new border coming in from July 1 say they haven't got enough money. They want either delays to border on July 1, or flexible implementation. /3
@FinancialTimes So as @timgmorris of @UKMajorPorts group tells me: โ€œWe need urgent action from the government to show flexibility either on the July 1 deadline orย what is requiredย on that date....or acceptย potentiallyย serious implications for traffic flows this summer." /4
@FinancialTimes @timgmorris @UKMajorPorts As @richard_bpa of @britishports says โ€œThere is now a real danger that customs infrastructure wonโ€™t be ready by July in some ports and weโ€™re urging ministers to take a pragmatic approach to ensure that goods can continue moving at those locations,โ€ /5
@FinancialTimes @timgmorris @UKMajorPorts @richard_bpa @britishports Among the leading ports facing shortfalls is Portsmouth, a local council-owned facility that requested ยฃ32m in funds but received ยฃ17.1m to cover essential schemes it has estimated will cost ยฃ22.3m โ€” leaving a ยฃ5.2m shortfall. /6
@FinancialTimes @timgmorris @UKMajorPorts @richard_bpa @britishports The port has had to rule out building a ยฃ7m BCP for live animals (UK sends about 30,000 animals a year, lots of them breeding stock to EU - and about same come the other way)...but is also short for its main BCP /7
@FinancialTimes @timgmorris @UKMajorPorts @richard_bpa @britishports The port is Portsmouth City council owned, and today the Cabinet was sent a report detailing the issues by the directors/8

https://t.co/wkQW81BBOQ
@FinancialTimes @timgmorris @UKMajorPorts @richard_bpa @britishports Port Director @mikesellersPIP says they are "far from having the funds to meet even the most basic requirements.โ€

And the report gov handling - @cabinetofficeuk and @DefraGovUK - has been "inadequate, inequitable and ponderous". /9
@FinancialTimes @timgmorris @UKMajorPorts @richard_bpa @britishports @mikesellersPIP @cabinetofficeuk @DefraGovUK The government says they are making "significant preparations" to beย ready for the border in July and "full border checks will be introduced from July 2021" based on Port Infrastructure Award grants.

Will they stick to that,? On past form, if chaos looms, I bet not. ENDS

More from Peter Foster

Peter Foster
Peter Foster
@pmdfoster
๐Ÿšจ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ช๐Ÿ‡บ๐Ÿ’„๐Ÿ‘ ๐Ÿ‘—๐Ÿ’…๐Ÿป๐Ÿ•บ๐Ÿ’ƒ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿšจ
UKโ€™s ยฃ35bn fashion industry warns of โ€œdecimationโ€ from #brexit - big names sign open letter to @BorisJohnson urging action. Many of 50,000 SMEs on the rack due to VAT, customs and work permit issues. Stay with me/1


You can read the full text of the letter here, co-ordinated by Fashion Round Table @FashionRoundTab, but tl;dr it says that #Brexit has left a "gaping hole" in an industry that relies of free movement of professionals. It's a familiar cry /2



@FashionRoundTab The industry, already whacked by #COVID19, is now discovering that cross-border sales are a horror (VAT, Customs, long delays) and models, stylists, photographers that used to blat around Europe can't any more. They need permits, for themselves, for their gear /3

It is on one level amazing that this is only just fully dawning - as the musician industry found out recently - but fashion is not just big names and big companies. It's actually a mountain of small companies and sole traders often that feed into a huge (ยฃ35bn) industry /4

I've written about fashion models issue before (they need tier-5 sponsorship visas) and how that will erode London's status as a hub, but this goes so much wider than this - hence the #dontmakefashionhistory campaign - and comes down the lack of a mobility chapter in the deal /5
ECONOMY
Peter Foster
Peter Foster
@pmdfoster
BREAK: The UK drops all its 'law breaking' clauses - including plans for more in forthcoming taxation bill - after @michaelgove
and @MarosSefcovic agree deal on terms of implementing Northern Irish Protocol. 1/

https://t.co/MdBbcI8vjd


@MarosSefcovic This is obviously very good news - recalling that it relates to the implementation of last autumn's deal to allow #Brexit to happen without returning a trade border to island of Ireland...but leaving one in the Irish Sea. /2

@MarosSefcovic The statement says that the two sides have determined "criteria for goods to be considered 'not at risk' of entering the EU" - though the extent to which goods pay tariffs UK-EU will depend on whether we get an FTA with the EU. (Even if we do, some still will) /3

@MarosSefcovic The two sides have also agreed on the 'reachback' of Article 10 or the "application of State aid under the terms of the Protocol" which the UK govt feared could be used to constrain UK govt subsidy decisions after January 1 /4

@MarosSefcovic This was because EU state aid law applied to UK in respect of NI Goods - so risk of 'catching' a UK decision to, say, give a bank a tax break if it had NI Clients...thereby blowing hole in @BorisJohnson 'sovereign' Brexit. An understanding has been reached here. /5
TAXATION BILL
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Peter Foster
Peter Foster
@pmdfoster
It's OUT! The first #Brexit Briefing of 2021...which explores how unrealistic some industry expectations are about 'fixes' to the current deal, now the penny is dropping about what it means for supply chains and UK position vis-a-vis EU

So take the example this week, where the @Foodanddrinkfed raised the issue that UK-hubs for food and drink were "unworkable" since goods that came in from the EU were attracting full tariffs when the were spun back into Ireland or other EU members /2



They were backed by other EU associations - and both said they would lobby UK govt and @EU_Commission to 'fix' what they presumed was an "unintended consequence" of the deal....except that both EU officials and UK govt have basically shrugged. The deal is the deal. /3

@EU_Commission This is in no way confined to food industry - clothes and retailers are also hard-hit.

But lots of industry has wrongly bet that 'common sense' and 'self interest' would prevail once the nasty negotiations phase was out the way...but that's not the signal being sent. /4

As one EU official puts it: โ€œYou canโ€™t expect the UK to remain the food import hub for the EU. Itโ€™s not sustainable, and makes no sense in the mid-to-longer run." And that applies to financial services, clothing, retail goods....a bureaucratic curtain has descended. /4
BREXIT
Peter Foster
Peter Foster
@pmdfoster
๐Ÿšจ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ช๐Ÿ‡บ๐Ÿš›๐Ÿค๐ŸŸ๐Ÿฅฌ๐Ÿ“ฆโœˆ๏ธ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ช๐Ÿ‡บ๐Ÿšจ
So here it is. After the euphoria, the @FinancialTimes @FTMag long read of how @BorisJohnson did his Trade deal with the EU. Tl:dr...not so much โ€œbuild back betterโ€, more โ€œbuild back the bordersโ€ - stay with me/1.

@FTMag @BorisJohnson The really under-appreciated part of this story is the extent to which the Johnson government, having won its 80 seat majority promising to "Get Brexit Done" then explicitly and actively chose the hardest possible version of #brexit in defiance of commercial interests /2

@FTMag @BorisJohnson Our story begins in January last year when David Frost commenced what Whitehall insiders call a "Star Chamber" process to strip away anything that might be considered more than a "Canada-style" deal - regardless of the fact that UK doesn't trade with EU like Canada! /3


@FTMag @BorisJohnson So what did that mean in practice?

Well, for example leaving EU aviation safety agency (EASA); Chemicals agency (ECHA), not getting a waiver of 'safety and security' declarations for hauliers, not seeking special arrangements for animal products...on and on it goes /4

@FTMag @BorisJohnson Didn't industry object? Well yes it did - but those who yelled too hard found themselves shut out of the door.

Did Whitehall object? Yes it did - Defra and Beis and Treasury all tried at some level to temper the revolutionary fury. But mostly failed. /5
BREXIT
Peter Foster
Peter Foster
@pmdfoster
๐Ÿšจ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ช๐Ÿ‡บ๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐Ÿ‡ฎ๐Ÿ‡ช๐Ÿšš๐Ÿšš๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ช๐Ÿ‡บ๐Ÿšจ

As #brexit talks drift towards the rocks, trade groups say plans for Irish Sea trade border after Brexit are โ€˜in a messโ€™ via, my latest via @FT ...this is an issue coming deal or no deal. Stay with me 1/


So to recap, under Northern Ireland protocol negotiated in the Withdrawal Agreement all goods going from Great Britain to NI must confirm with EU customs code. To avoid new border in Ireland, that means trade border in Irish Sea - new paperwork, new systems. Operational Jan 1/2

The problem is that because the FTA negotiations are stuck, the negotiations in the Joint Committee on how to implement the Protoocl (and @michaelgove is with @MarosSefcovic talking today) haven't yet born fruit. That means a LOT of uncertainty. /3

@michaelgove @MarosSefcovic How much uncertainty? Well, as @MichaelAodhan tells me, a lot. Research by the Northern Ireland Business Brexit Working Group (NIBBWG) found only 20% of members were ready. And its not their fault: need info on tarifs, computer systems etc. And are not getting answers /3


@michaelgove @MarosSefcovic @MichaelAodhan Now. The Government has earmarked ยฃ200m for the Trade Support Service run by Fujitsu and the Customs Clearance Consortium with @ShankerASingham @RobHardyFR8 to help business process new paperwork...BUT even it cannot answer lots of Qs, and won't help with animal/SPS issues. /4
BREXIT

More from Brexit

DK *deep waist bows+appropriate physical distance*
DK *deep waist bows+ap...
@justadandak
1/7 My thoughts on what could happen within a decade after #Brexit with the formation of the #UnitedCelticNation as a new country:

2/7 After the #Brexit transition period ends on 31 Dec 2020, the Scottish Parliament will announce a new independent referendum (under a Section 30 order which the PM has to agree to - he won't - they will change their laws to enable them not to need his approval).

3/7 This new Scottish independent referendum will happen within the first 6/9 months of 2021 and result in the decision to leave the UK.

4/7 An application to rejoin the EU will happen immediately after the Scottish referendum result and within months the EU will accept Scotland back in (justified as 'the will of the people' plus how recent their exit was).

5/7 Within 3-5 years of #Brexit, Wales will also hold its own referendum on independence (fuelled by the decline in economy plus the example set by Scotland) and will also be successful. EU membership will also be sought and gained with an accelerated timescale within a year.
BREXIT
Peter Foster
Peter Foster
@pmdfoster
๐Ÿšจ๐Ÿšจ๐Ÿšจ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿš›๐Ÿš’๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿšจ๐Ÿšจ๐Ÿšจ serious #brexit story alert - companies now starting to see penny drop on what rules of origin does to supply chains (food for example) but Brussels seems deaf to both EU & U.K. pleading. A bellwether? ๐Ÿ˜ฌ Stay with me. 1/


So first the problem: its a tad complicated but basically goods that are imported into UK and then 'hubbed' onwards into Ireland or other parts of the EU are facing full EU tariffs - this is particularly bad for food stuffs, which attract high tariffs. Why is this? /2

It's a function of the Rules of Origin clauses that mean that goods have to sufficiently "originate" in the UK to qualify for zero-tariff entry to EU (and vice versa).

But to qualify, you have to do something to the goods - process them or add value - not just punt them on /3

The brilliant @AnnaJerzewska does a better job than me of explaining, but the important thing is that this is a nightmare for companies that 'hub' /distribute products through the UK - and that's both EU and UK companies /4


So both the @Foodanddrinkfed and EU groups like @CAOBISCO_EU (chocs etc) say they want the EU Commission to fix this with a derogation/waiver that takes into account proximity and interdependence of EU/UK supply chains. /5
BREXIT
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Simon Usherwood
Simon Usherwood
@Usherwood
Your regular reminder that Brexit is going badly because the UK has still to decide what the purpose of leaving the EU is

1/

#EUref came about as piece of party mgt by Cameron, rather than as culmination of considered and structured debate about UK's place in the world

2/

Yes, we talked a lot (A LOT) about 'Europe' and the EU, but primarily as a function of lots of other things

A touchstone of dissent, if you will (h/t @PaulAdamTaggart)

3/

Referendum campaigns on both sides were simply about getting people to vote their way, not efforts to set out settled plans of What Comes Next

"Vote for us and everything will be dandy" is not a plan

4/

That might have been alright if post-vote there had been a national discussion on how to proceed in an inclusive manner, but instead the political logic pointed to trying to capture the meaning of it all to serve particular agendas

All very majoritarian, as per

5/
BREXIT
Objective Columnist
Objective Columnist
@Sime0nStylites
A quote from this excellent piece, neatly summarising a core impact of Brexit.

The Commissionโ€™s view, according to several sources, is that Brexit means existing distribution networks and supply chains are now defunct and will have to be replaced by other systems.


Of course, this was never written on the side of a bus. And never acknowledged by government. Everything was meant to be broadly fine apart from the inevitable teething problems.

It was, however, visible from space to balanced observers. You did not have to be a trade specialist to understand that replacing the Single Market with a third country trade arrangement meant the end of many if not all of the complex arrangements optimised for the former.

In the absence of substantive mitigations, the Brexit winners are those who subscribe to some woolly notion of โ€˜sovereigntyโ€™ and those who did not like freedom of movement. The losers are everyone else.

But, of course, thatโ€™s not good enough. For understandable reasons Brexit was sold as a benefit not a cost. The trading benefits of freedom would far outweigh the costs. Divergence would benefit all.
BREXIT
European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f
European Unity #FBPE ๐Ÿ‡ช...
@EuropeanUnity1
#Brexitadventcalendar

31 liars & hypocrites who facilitated brexit

Some are mad, some are bad

All are millionaires, some are billionaires

Theyโ€™ll profit from UK companies failing, keep their money abroad to avoid UK tax and travel freely with their EU passports

#RejoinEU


https://t.co/mZRr9u1RPb


https://t.co/BY6hKloR9d


https://t.co/NdC0ltLeSM


https://t.co/BLnRLotso7
BREXIT

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One day, Rishi Narada( Kalahapriya) arrived in Dwaraka and met Sathyabhama. In between the conversation he hinted that Krishna exhibits affection more to Rukmini than her. Worried Sathyabhama asked what can should be done to gain Krishna's undivided attention.
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Sathyabhama was sure that she have enough wealth to balance Krishna.

She went to Krishna and told about her vow to Narada. Krishna patiently listened to her and accepted the challenge. Satyabhama arranged to bring large scales to weigh and brought all her precious jewels.


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2 weeks later the richest men begun getting arrested...

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1/ The first 18 months of starting a company is often life or death. I must've made 5 different companies that each failed within 9 mo. ๐Ÿ˜ญ Each time the company failed I figured out what I could do better. Eventually startup #6 got to $40K/mo by month 18. Hereโ€™s what I learned...

2/ Stay focused! Ignore things that are a waste of time: meetups & conferences, meetings with no clear agenda, fundraising if you're not fundraising, reading lots of tech media articles, etc. Every week should feel like significant progress in the first year.

3/ Your first 5 hires will be the difference between life or death. Choose carefully. Be picky. Many of the things we do at the company still are a result of those early hires' legacy. Have fun as a tight knit team. It will change & evolve as you get bigger so enjoy this moment.

4/ Growth may be flat for the first 9 months. It's gonna be okay. Almost every company has experienced this: Airbnb had to sell cereal in-between, Slack failed as a gaming company first, Tesla sold only 147 cars after 6 years! You probably won't be an overnight success either.

5/ In the beginning, do customer support yourself. You will learn a lot about why your product sucks. I did 5,000+ support tickets when it was the two of us. Delight customers & fix things fast while you learn. It will help you build an amazing intuition about your customers.
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Joe Rogan's podcast is now is listened to 1.5+ billion times per year at around $50-100M/year revenue.

Independent and 100% owned by Joe, no networks, no middle men and a 100M+ people audience.

๐Ÿ‘

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Joe is the #1 / #2 podcast (depends per week) of all podcasts

120 million plays per month source https://t.co/k7L1LfDdcM


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PAKISTAN-INDIA WATER ISSUES โ€“ HOW INDIA STOPPED WATER IN PAKISTAN's CANALS IN 1948

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After partition in 1947, the water system was also bifurcated between Pakistan n India.

India cheated Pakistan when on April 1, 1948, India suddenly n without warning stopped...
1/n


...the supply of waters flowing into Pakistan's Central Bari Doab and Dipalpur Canals.

The boundary award on the partition of the sub-continent had left the headworks of these canals in Indian territory, and in accepting it India had implied her willingness to leave...

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...the historic distribution of common waters undisturbed.

India's action was therefore in flagrant disregard not only of international law n morality, but of her solemn commitments with Pakistan and a gross violation of this country's historical rights over common waters.

3/n

Faced with a threat of utter desolation of millions of acres of fertile land, Pakistan had perforce to sign a document with India in which she agreed to "India's progressively diminishing water supplies to these canals and to the West Punjab government's tapping...

4/n

...alternative resources".

A specific reservation was made in the document with regard to India's claim that she had full property rights over waters flowing into her territory, and could therefore use them as she liked.

The issue was, however, to be examined...

5/n
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