Re: BOE Prepared for NO DEAL!! HOORAY!!
Originally Posted by
Donkeyman
->
I think your wrong there solly, where do you think uk gets the money
they use to subsidise the eu???
The trade they do with eu is only a fraction of what they do with
the REAL world!!
Donkeyman! 👍😇👍
I think donks, that the UK is starting to wriggle?
Britain and Brussels have each accused the other of holding up a decision on the City of London’s ability to do business in EU markets from next year, prolonging the financial services’ state of uncertainty about the future.
Michel Barnier, (sidelined?
) the EU’s chief negotiator, told the Eurofi financial regulation thinktank that the UK had answered only four of 28 questionnaires Brussels had sent seeking information about regulation of financial services.
“So we are not there yet”, he said. “We will only grant equivalences in those areas where it is clearly in the interest of the EU; of our financial stability; our investors and our consumers.”
There are concerns in the British government that the EU wants to delay a decision until there is clarity over the ongoing negotiations over a trade and security deal.
Barnier said he could not accept the UK proposals, which he described as seeking “the benefits of the single market without the obligations”.
https://www.theguardian.com/business...ys-uncertainty