Page 32 - DIY INVESTOR MAGAZINE - NOVEMBER 2018
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        BREXIT BULLETIN:
‘EVER GET THE FEELING YOU’VE BEEN CHEATED? GOOD NIGHT!’
 ‘There’s unlimited supply, and there is no reason why, I tell you it was all a frame, they only did it ’cause of fame, Who? E.M.I.’1
Perhaps the lyric should be amended slightly to read; ‘There’s unlimited supply, and there is no reason why, I tell you it was all a frame, she only did it ’cause of fame, who? M.A.Y’ – writes Philip Gilbert on November 16th.
So, we have finally capitulated.
The PM who proudly told us that, ‘No deal for Britain
is better than a bad deal for Britain,’ obviously did not mean it. What the PM meant to say was; a bad deal was always going to be better than no deal.
What the population got was Churchillian rhetoric and Chamberlain’s actions.
There can be no better summary of our capitulation than that offered by Deputy Chief negotiator at the European Commission Sabine Weyand; ‘the European Union will still have control over the customs union after the UK leaves on March 30, 2019’.
She has said on the proposed Brexit ‘deal’:
• ‘This requires the customs union as the basis of the future relationship...They must align their rules but EU will retain all the controls’.
• They apply the same rules. UK wants a lot more from a future relationship, so ‘EU retains its leverage’
• Ms Weyand added Britain ‘would have to swallow a link between access to products and fisheries in future agreements’.
Now, for anyone still in doubt about my thoughts on Brexit, I am a committed ‘remainder’; however, if we are going to leave, then let’s leave. The PM has delivered her version of political hokey cokey; is our left leg in and our right leg out? Or is our right leg in and our left leg out?
This is dumping your girlfriend and saying, ‘don’t worry darling, here’s £39bn, we can still be friends, and you can pick the film we see next week.’
To add insult to injury the PM said in the commons, ‘the British people want us to get this done’. Yes, ma’am, and we have been well and truly done!
THE BRITISH PEOPLE WANT US TO GET THIS DONE’. YES, MA’AM, AND WE HAVE BEEN WELL AND TRULY DONE!
But, how did the Cabinet react?
• Brexit Secretary Dominic Raab resigned, saying, ‘First, I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the U.K.’ ‘Secondly,’ he added, ‘I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit.’
The resignation of the man charged with delivering Brexit says it all; this an intrinsically dysfunctional government and so is the deal they are selling
• Work and Pensions Secretary Esther McVey also quit
• Junior Northern Ireland minister, Shailesh Vara, resigned in protest at the deal
• Junior Brexit minister Suella Braverman, and parliamentary private secretaries Anne-Marie Trevelyan and Ranil Jayawardena also stepped down
• Jeremy Corbyn called it a ‘botched deal’ that breaches the government’s own red lines
• The value of the pound dropped by over 1%
• There is ongoing speculation about International
Development Secretary Penny Mordaunt resigning and Michael Gove is a will he/won’t he after apparently being offered Raab’s job.
Click on the link to see all Brexit Bulletins:
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