Just bringing together my various bits and pieces on the UK-EU. The first reactions - a significant agreement...

Breathless accounts of brilliant negotiating are oddly unaccompanied by statements of UK wins.

Twice the PM has signed up to deals he previously said no PM could sign up for. The level of self-deception in turning these into triumphs is off the scale.

A wise man has suggested that Johnson's self delusions are good for the UK in the way he folds under EU pressure but denies it - that this actually delivers the best result.

But it doesn't do much for the country's politcal debate to have such delusions at the heart of the most important economic relationship. And they don't have such delusions in Belfast.

Perhaps it is the way of UK politics that no leader can be seen to be pro-EU, that the UK must be seen to be bigger than the EU, even though the UK is obviously smaller and needs the EU for trade.

The first working day of the new UK-EU relationship. We're going to hear a lot this year from all sides (remain and Brexit in UK, EU, etc) using any possible scrap of evidence. But what we need to look for is trends, over time, so a few to think about in this thread... 1/

Obvious disruption or reduction to UK-EU trade flow. Here we may be thinking e.g. of a permanent 10% fall in traffic, or regular queues, or indeed no change. And apart from goods, the same with individual travel, for work, residence etc... 2/

As a reminder we're not expecting permanent scenes like those of the week before Christmas when borders were closed. But 5-10% reductions in UK-EU traffic would not seem to be out of line with economic forecasts of a hit to the UK economy. 3/

Then we'll need to look at whether UK-EU trade is being substituted by UK-non EU trade. This probably should happen to a degree, and in theory efficiencies could come this way. But its also possible that all UK trade falls, with the UK no longer an EU entry point. 4/

Inward investment is another key post-Brexit indicator. There isn't a single obvious data set here, but the impression of the last four years has been a fall off in manufacturing, but not in services, particularly tech. Continuation would suggest economy tilting to services. 5/

While we await white smoke signalling a #Brexit deal, let us consider what the end of the transition period on 31 Dec (deal or no deal) will mean for the future of UK politics. Will the end of the Brexit process lead to the end of British #populism? I am very sceptical.
Thread 1/

This thread serves as an English summary and translation of a long essay I published in the Swiss @RepublikMagazin last week. Contrary to its title, it is not just about @BorisJohnson

British populism is a political method, not an ideology. It is not identical with Trumpism, even if it shares some of its traits. The populist method in the UK does not become redundant with #Brexit, because its use hasn't been limited to the UK's relationship with the EU.
3/

The populist method in the UK consists of two key elements:
1) the emotionalization and over-simplification of highly complex issues (such as Brexit, the pandemic, migration, culture or history)
2) the reliance on bogeymen ('enemies') both abroad and at home

4/

Populists depend on enemies, real or imagined, to legitimize their actions and deflect from their own shortcomings. There has been an obvious candidate for the enemy abroad since 2016: the EU. But once transition is over, this may, in the long term, become more difficult.
5/

As @michaelgove admitted yesterday we are expecting significant disruption in our #trade flows with the EU in coming days. The fact he is willing to say this confirms what most of us feel, that problems are building. This thread is a summary of what I have learnt in the past week

DISCLAIMER I run a trade body and spent the week in my back bedroom on the phone to members, reading the media and on zoom calls. I’m not on the ground and I am not in the operation rooms. So my info is second hand and partial. No one has a complete view. IT IS HIDEOUSLY COMPLEX

The first obvious problem is the number of different actors involved. On the commercial side - within 1 exporter there are multiple depts. There is also the buying company and the logistics company. They all have to sync. 1 load of goods involves multiple commercial actors.

On the government side its even more complex. In UK there are dozens of departments and agencies involved, and the same if not more in every member state of the EU. there are hundreds of thousands of decision makers involved.

They all have the same rule book though - YES true but its 1200 pages long and it's 15 days old - also - here's the thing with red tape, it's open to interpretation. (It's why lawyers tend to drive nice cars) and so being BORDER READY means different things to different actors.

Short fun thread on Brexiters expressed through the medium of the Sicilian word "minchia" & its variants.
N.B. "minchia" is not necessarily a vulgar word, having been used by authors as diverse as Giovanni Verga & Frank Zappa in their works, but it is uniquely expressive >>

Proprio un gran minchione!

'sta minchia di...

Chi minchia cumminastivu?l

Cu minchia è?

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

FELIXSTOWE, England (Reuters) -

In just one month of post-Brexit trading, British logistics expert Jon Swallow has seen exports dive, prices rise and customers so desperate that he is practically offering a counselling service.

Swallow is one of thousands of freight forwarders and customs brokers based around Britain’s biggest ports who have described the overnight introduction of a full customs border as akin to the country placing economic sanctions on itself.

Britain’s New Year’s Eve departure from the European Union’s orbit after 47 years of membership means exporters must now provide customs and safety declarations, health checks and rules of origin details to trade with its biggest partner.

We are now at a disadvantage to people trading within the EU,” Swallow, a co-director of Jordon Freight, told Reuters in his office next to the vast cranes that tower over Felixstowe docks, Britain’s biggest container port, on the south east coast of England.

“We’re a very fast-paced business, but now we’re just like walking through mud. There’s just paperwork everywhere.”
Those companies that trade goods between Britain and the bloc are paying a price, particularly small firms.