1/ A challenge in parsing Brexit news is that businesses are facing overlapping types of challenges that can be difficult to separate.

The key questions are:
1⃣ Given the model of Brexit chosen, could this have been prevented, and by whom?
2⃣ Can it get better?

1. This beautiful and thought provoking piece of 21st century art was shared widely in anti-EU Facebook groups, Twitter replies to journalists and elsewhere online, in 2016.

Is it an untrackable, untraceable, Cambridge Analytica-style, fake?

2. The design is obviously substandard, to be charitable .

But look a bit closer, it appears intentionally bad.

3. A lightning strike blended through a Union Jack is not the work of a beginner, in Photoshop.

4. Is it believable that a designer capable of creating that effect in Photoshop, would also be virtually illiterate?

Literate enough to spell “Sovereignty” correctly.

5. But not literate enough to spell “corrupt”.

Many bearish sentiments across the mortgage sector because they believe companies won't succeed as much when rate finally go back up (3 maybe 4 years from now). Which makes sense except for $GHIV and here's why. In 2016 Brexit came & rates went down which lead to huge success...

in mortgages. Business was great for many companies but then in ‘17 and ‘18, rates went up. What happened you might ask? A lot of people got compressed, margins got compressed, rates went down, & people struggled in the mortgage market...

Well UWM ( $GHIV ) compound annual growth rate, from ‘16 to ’18, was 28%. Companies that focused on refi struggled, so obviously a very successful company like Rocket or Quicken, they went down 14% in compound annual growth rate in those years...

$GHIV actually grew, and so did their profits, so the opportunity to continue to grow in all cycles is a big differentiator for UWM, and the broker channel versus a lot of our competitors. When rates rise, it's actually even better for $GHIV (UWM)..

If rates stay low, great UWM will continue to crush but when the rates rise, they will continue to steal even more market share because of how they operate in the mortgage sector. People also talk about the speed in closing a loan & that other competitors are faster...

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.

Prof Valsamis Mitsilegas tells NI committee that the agreement on JHA is dynamic, as EU values UK inputs, and EU law will evolve over time, and value of system to UK will mean adaptation

Prof Steve Peers of Esssex Uni. Tells NI cttee that deal keeps 3/4 of previous arrangement, missing quarter is SIS II and some other capabilities in data exchange. Says quite a lot has been preserved by two sides, esp compared to no deal situation

Simon Hoare MP - is the deal adequate to challenge of policing NI, and IRL: Dr Gemma Davies (Northumbria law school). Says Data Protection issues v complex, PSNI/AGS co-operation might be better facilitated by specific agreement (not going beyond EU agreement, but clarifying)

Colin Murray tells NI cttee that Norway/Iceland extradition arrangements with EU put in place 10 years ago, now working in ways comparable to EU arrest warrant. Operational issues get easier to fix over time.

Colin Murray says there are break clauses in the TCA, and the police element could break down in a relatively short period (in theory).

@SpecCoffeeHouse @NicholasTyrone I think you have missed the essential point that we have now passed peak Brexit. From now on only the disastrous reality will come at us from all sides. 57% already were Remainers on the day we joined. Soon a huge majority will hate Brexit. I expect poll tax riots response level

@NicholasTyrone Already the biggest vote winner, fish , has turned out to be a disaster. We’ve ended up with a FTA smaller than the UK itself. Gibraltar joined Schengen, Falklands shafted. UK regions never wanted It. #BrexitReality . #Brexitbenefits , there are none. #Brexitears from now on

@NicholasTyrone Remember too, this was a Tory internal civil war foisted on an uninterested country that they only won because of the #Austeridiocy policy falsely foisted after the financial crash. It was a protest vote. There are no benefits to Brexit. It’s a #ToryBrexitShambles .

@NicholasTyrone There will only be one direction of travel now, back towards the EU. We are currently effectively a vassal state and #Whatsovereignty ? We have only lost it. We have also become a sprat in a puddle not the leading big fish in the big bloc, the EU. This was always a fishy affair

@NicholasTyrone Oh yes. We’re also one of the biggest jokes on the planet, and will take centre stage as the worlds biggest Buffoon departs.... #Brexitisntworking #brexitleavesbritainnaked