It's now looking quite likely that Brexit will coincide with both a third lockdown and - if the longterm forecasts are correct - severe flooding.
Any one of these events would be a national crisis.
Together they could amount to a national catastrophe.
God help us.

"The tangible benefits of #Brexit." A thread.

For the EU, the tangible benefits of Brexit have been immense. Not just in the way it has galvanised support for the EU across the bloc, but in the way that the UK has made itself...

/1

...the least competitive advanced economy in the world. Don't forget -- we're no longer a trading partner of the EU, but its main trading rival, and considering both their population and economy is 7x bigger than ours, we don't stand a chance.

/2

(Remember Boris Johnson's famous mutterings about business...? Something that could only have been said by a man born into fabulous wealth and privilege...)

/3

But the big win for the EU has been in the sheer, gob-smacking, eye-watering amount of assets that have been stripped from the UK and moved to banks and financial institutions in Dublin, Paris, Frankfurt etc.

$1.6 trillion as of October this year.

That is an INSANE amount.

/4

I'll try to put it into perspective: $1.6 trillion is over half our entire GDP. It's 1/64th of the WORLD'S entire GDP. If you stacked it up in $100 bills, it would reach FOUR TIMES the height of the International Space Station.

/5

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: “You can’t expect the UK to remain the food import hub for the EU. It’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

I’m feeling really sad today thinking about what we’ve lost over the last 5 years. But this is mixed with proud knowledge I, and many around me, did all we could to avert this disaster unfolding. This is a short thread to give a shout out to some of them 1/

First up is @GreenPartyMolly - I’ve already rung her today to say this and more. But she was both astute and persuasive in her tireless work before and after the referendum. I remain proud to have worked for her and supported her.

Second up is @ewgjones - one of the few who threw himself into election mode before the referendum and saw the pragmatic need for a persuasive targeted GreenerIn campaign. Without him @SW_GreenerIN probably wouldn’t have happened (or certainly looked very different)

Third up is my former colleague @aw_bell who pivoted quicker than anyone I knew through the grief of 2016 to try & make the best of the awful situation post referendum. He metaphorically shook me awake when I kinda wanted to hide under a duvet (and I think he did this for many)

Fourth up is Joe Williams - friend who helped set up @Bristol4Europe (who really led the national response post referendum). He was a calculated head in a room who dared to think big when others were panicking.

It's OUT! My latest #Brexit Briefing for @FinancialTimes - examining @BorisJohnson
"buy now, pay later" Northern Ireland Protocol, why the EU-UK trust deficit is killing it, how that can be restored - because it needs to work. /1

@BorisJohnson The danger here is that lingering animus over the opportunistic nature Johnson's Faustian bargain - dividing his Kingdom in order to 'get #Brexit done' and win an 80-seat majority - is clouding judgement on both sides of the Channel /2

@BorisJohnson The facts of the Protocol are no less true for Johnson's constant denial of them - that there would be checks, that there really is a trade border that now prevents plants and pets from travelling freely from Bedford to Ballymena as M.Gove reminds us. But these are other facts/3

@BorisJohnson Firstly, NI remains part of UK, even if it is now has EU customs rules.

Secondly, NI remains politically divided and fragile; the Good Friday Agreement is a constant work in progress.

Thirdly, both the EU and the UK agreed to this unsatisfactory arrangement jointly. /4

@BorisJohnson Fourthly, therefore, they have a joint responsibility to make it work because

Fifthly - and most importantly — there is no alternative to it. /5