Amid all the announcements today, it's easy to overlook that the OBR has updated its scenario on a no-deal Brexit. It exposes an undeniably hard reality for the Govt that claims that the UK would "prosper mightily" under no-deal next year.

(Short thread)

IT’S HERE The new bumper @ukandeu report that tells you all you need to know – or at least all the questions you need to ask – about the UK after Brexit. https://t.co/S1lHP6TBJ1 1/27

A disclaimer. What follows is a selection of randomly selected highlights, nothing more nothing less. There’s far, far more in this report than I can possibly cover here. And the cricket got exciting so I ran out of steam. 2/27

It is made up of 70-odd pieces (I counted twice and came up with diff numbers) by an eye watering collection of eminent social scientists . Explaining the big issues from housing to dealing with China, from prospects for the economy to the prospects for the Labour Party 3/27

It’s intended as a guide to the key questions that will confront us over the years to come. Each contributor ponders,where we’ve come from, where we are now and where we’re headed. And because we’re really kind, we’ve divided things up into a number of sections. First: 4/ 27

And oh, my Lord do we have a stellar line up of people, including inter alia, @_Paul_Tobin_ @tcstvns @watsonjim2 @CharlieBEU @drsarah_hall @BD_Stew @AntovaIvanka @PRT1969 @IvanRajicUK @cartelsman
Download it, tell your boss your wifi has crashed, and have a read. 5/27

Scoop...Britain faces dearer electricity and occasional black-outs if it bans EU fishing boats from its waters after 2026. This de facto power over the UK power market is handed to the EU in the post-Brexit deal which MP’s will wave almost unread through parliament today. 1/10

The trade deal enshrines a link between continued EU access to British waters and UK frictionless access to the EU power grid and gas network. This has scarcely been noticed though it was mentioned and brushed aside by last night’s statement by the ultra-Brexiteer ERG. 2/10

The link – drawn to my attention by a senior EU source – is spelled out in dates, not words. The fisheries part of the deal grants EU boats continued access with a 25% cut in quotas over five and a half years until 30 June 2026. After that there are “annual negotiations” 3/10

The energy part of the agreement allows the UK virtually unchanged access to the continental electricity and gas markets. But that expires on exactly the same date as the fish deal - 30 June, 2026. After that (guess what?) there are “annual negotiations". 4/10

Coincidence? Not at all, my source says. The link is “more than implicit”. The energy deal “ends by default” unless both sides agree to extend it.
If the UK bans, or severely restricts, EU boats in British waters from June 30, 2026….easy access to EU energy will also end. 5/10

There are a lot of Brexiters in the media this week making points about sovereignty, and about how the EU has not come to terms with the UK's independence.

I have some questions, which it might well be fruitful to ask them. 1/9

1. How do you understand the concept of sovereignty? What are the circumstances in which you might agree to make binding commitments to other independent states or trading blocs? 2/

2. What sort of commitments are you prepared to make in order to get trade deals with other states/blocs? And, to what end (why not trade on Australian-style terms with the wider world)? 3/

3. Do you accept that the EU has the right to impose its own rules as a condition for access to its market? Given the UK's involvement in the single market, and in the creation of its regulatory infrastructure, this feature should not come as a surprise. 4/

4. Do you accept that there is a need for borders (which were not needed while the UK was part of the single market) between states/blocs with different regulatory regimes? 5/

The UK refusing to give full diplomatic status the EU's mission in London is baffling at at time when @BorisJohnson is trying to connect with @JoeBiden - because it recalls what Trump administration did to the EU ambassador back in 2019. Stay with

@JoeBiden The spat has been going for a while - we reported it in May, when the #Brexit trade talks were getting testy and - I assumed - it was the UK seeking a bit of leverage as the talks progressed. But we have a deal...and still no deal on the EU

@JoeBiden Essentially the UK government wants to treat the @EUdelegationUK as a "international organisation based in London" - and not accord it full diplomatic status, as almost every other country in the world does, including the United States /3

@JoeBiden @EUdelegationUK Indeed when EU formed it's External Action Service (EEAS) the UK supported the idea that EU representatives should be full ambassadors - a fact reflected in the Treaty of Lisbon which we signed - and which reflected on fact EU had a currency, made laws etc. /4

@JoeBiden @EUdelegationUK It took some time for everyone to recognise this, but after @BarackObama came to power in 2016 even the USA did the same....then along came Donald Trump and in 2019 surreptitiously downgraded the status of the EU ambassador @D0Sullivan /4