A few thoughts in advance of seeing the Brexit deal, assuming it's not scuppered at the last.

1. It will save industries, in the short term. For all the problems it *won't* solve, there is at least that. Tariffs would have finished off some sectors like switching off a light.

THREAD: Here are the essential points from the EU's time-limited, limited effect no-deal Brexit mitigation offer.

(Most concessions are unilateral measures it will implement. Some require UK cooperation - not clear what happens if we refuse to do

Air travel
"Unless there is a contingency measure in place on air transport at the end of the transition period, air traffic between the EU and the United Kingdom will be interrupted."

The EU is proposing 6 months of reciprocal concessions to keep (most) planes flying.

However, they're not offering any concessions on airline ownership requirements, so BA for one may come unstuck here (depending on how its restructured shareholding is going). Its message: you already had plenty of time to prepare, including a grace period.

Road transport

A) Haulage
With no agreement, hauliers would have to use ECMT permits to provide any freight transport between the UK and the EU. But there aren't nearly enough of those to go around. So they're giving a basic grace period of 6 months, as long as we reciprocate.

B) Bus services
"Furthermore, in the absence of an agreement on a future partnership between the EU and the United Kingdom by 1 January 2021, regular bus services to and from the United
Kingdom would have to be interrupted"

Here too, offer is 6 months of continued connectivity.

Ok, it's high time to look at the REAL effects of Brexit. As the Tories implode & Labour sits on its hands, companies are executing contingency plans, shifting jobs & assets, slashing investments, or redomiciling (accounting exercise). Happening NOW, not in a fantasy future. 1/95

Barden Corporation is closing down its Plymouth factory after 51 years, putting 400 jobs at risk, as its parent company Schaeffler shifts production to various sites outside the UK due to Brexit.

8 health providers have warned of medicine shortages in the event of a no-deal Brexit: "we do not believe that the current medicine supply plans will suffice, and we will have widespread shortages if we do not respond urgently."

Pfizer - $100 million on Brexit prep: "Pfizer’s preparations are well advanced to make the changes necessary to meet EU legal requirements after the U.K. is no longer a member state, especially in the regulatory, manufacturing and supply chain areas."

The Government has spent £4.2 billion pounds on Brexit preparations (£2.2 billion in previous Budgets, plus an additional £2 billion in the most recent Budget.)

Here we go. The final Brexit debate begins. The final splash of petrol on the dumpster fire before the match is lit at 11pm tomorrow night.

Boris Johnson deliberately mocks the SNP by calling them the Scottish Nationalist Party, despite being admonished by the Speaker. There speaks a man who doesn't give an itty bitty toss.

Boris Johnson: "Just as we've avoided trade barriers"

What? Ah, it's because he carefully defined them as "tariffs and quotas" just before lying about them.

There will be massive, massive non-tariff barries.

He's dodging the question about fishing and Northern Ireland, wriggling like one of those eels the EU won't be buying any more.

Boris Johnson is bigging up the speed with which the UK managed to reach a trade deal.

But a trade deal that favours the interests of your counterpart while securing almost none of your own *should* be a quick process. Biting your hand off takes no time at all!

UK Government just released 70 pages of case studies today, showing how the borders will operate after 1 January 2021.

They're essentially hardcore porn for red tape fetishists.

Doomed, we are. Doomed.

(e.g. exporting fish; exporting mechanical goods)
https://t.co/zWpkdGJeim

This is exactly what should have been presented years ago so that firms could prepare.

Or, arguably, before the Brexit referendum. Just the 70 pages of case studies released TODAY could have tipped the result the other way. Not everyone is blinded by sovrinty & hating forrins.

Going back to the examples...

The person in France buying (say) UK mechanical goods will take one look at the procedures involved, and Google an alternative supplier inside the EU instead.

As for the fish, they could probably swim to their intended destination faster of their own accord than following the new process, if only they had water in between to traverse.

The purchasers will smell them coming a mile away.

Auto parts. I am practically weeping at my keyboard.

As the transition period ends, the #BrexitDeal applies from tomorrow. But there's also a parallel significant legal change - most of the rest of the withdrawal agreement starts to apply. A thread on the legal issues in the rest of that agreement.

The citizens' rights provisions of the withdrawal agreement (on EU citizens who moved to the UK, and UK citizens who moved to the EU, before the end of the transition period) start to apply.

Annotation and detailed analysis of those provisions here:

After today, UK citizens newly moving to the EU, or EU citizens newly moving to the UK, are in principle governed by national law (partly harmonised by the EU, on the EU side).

However, the #BrexitDeal contains some provisions on visas for service providers.

The #BrexitDeal also refers to the matching unilateral decisions of the EU and UK to waive a visa requirement for short tourist visits. Analysis of the EU law on that issue here:

UK citizens resident in the EU on the basis of the withdrawal agreement (or who move to EU in future) should be covered by the EU law on long-term resident non-EU citizens, which provides for a limited form of mobility between Member States. Analysis here:

1/ What are the ‘new’ demands the UK says the EU has made in the Brexit talks and are they actually new? There are 3 specific areas of contention that have emerged, one each on state aid rules, the Level Playing Field/Governance, and fish. None of them should be a total surprise.

2/ First, on state aid. The UK says the EU wants the Commission and European Investment Bank to be given carve-outs from the subsidy control provisions in the deal. It says this would create an unfair imbalance, because there would be no similar exemption for British authorities.

3/ This is particularly relevant in light of the bloc's €750bn Coronavirus recovery fund. It has already been delayed by an internal political row, and the EU is keen to ensure that isn't exacerbated by legal disputes with the UK next year. Brussels denies this is anything new.

4/ The Commission is an ex ante regulator, meaning it is called in to pre-authorise state aid spending by EU countries. The EU wants the UK to set up its own independent regulator to approve subsidies in the same way. If it does so, many of the state aid problems will fall away.

5/ LPF/Governance. This is about the 'ratchet clause' which the EU has relabelled as 'equivalence' of standards. It addresses what happens if one side raises its standards on say environmental or labour rules in the future and the other doesn't, creating a competitive imbalance.

EU chief negotiator Michel Barnier has briefed Europe Ministers from EU member states that progress continues to be made in negotiations with the UK but not significantly when it comes to key sticking points: level playing field, fish, governance of deal /1

This briefing comes ahead of the EU leaders summit in Brussels end of this week, where Brexit will be discussed most likely I’m told on Friday morning. Both Michel Barnier and the PM once described this summit mid October as cut off point by which time a deal had to be agreed /2

This clearly will not be the case and each side predictably blames the other for that. Today a UK government source said: „The EU have been using the old playbook in which they thought running down the clock would work against the UK“ /3

„They have assumed that the UK would be more willing to compromise the longer the process ran, but in fact all these tactics have achieved is to get us to the middle of October with lots of work that could have been done left undone.“ /4

Both sides say they still want a deal and think it entirely possible to reach a deal this year, infact v soon, if only the OTHER side would just be „more realistic“ (ie make the big compromises) /5

1/ Brexit politics is built on fear. Frightened people tend to seek security in the tribe. Once that tribe might have been the Labour movement, but now in a fragmented post-industrial society it is the nation. Tribal identification is emotional, not rational.

2/ A tribe that feels under threat wants to control its borders, and who enters into its territory. It demands loyalty and solidarity, and its prime virtue is self-sacrifice - economic arguments won't persuade tribalists. Its members want to feel it is strong and powerful.

3/ Tribalism at a time of crisis is intolerant of dissent. The tribe must pull together against its enemies. Dissent and questioning cause division and disrupt the collective effort. Criticism is seen as treason. The Brexit right have ruthlessly exploited tribal psychology.

4/ To understand Brexit politics it is necessary to understand that the working and middle classes are dead as coherent political forces and that frightened and insecure people are now clinging to the only available powerful tribe, the nation-tribe.

5/ The Brexit right understands and ruthlessly exploits basic social emotions. In contrast the centre and centre-left mostly can see no further than the blinkered logic of rational individualism, from which perspective everything else is irrational and incomprehensible.