'No alignment' with EU after Brexit - chancellor
Sajid Javid warns businesses UK and EU regulations will differ after Brexit, saying firms must "adjust".
In summary: ▪️An end to frictionless trade ▪️The chancellor doesn’t know what the trade agreement will look like ▪️Businesses won’t be able prepare for anything ▪️The new trade agreement with the EU will much worse than the existing free trade agreement
“You know how we told you business would notice no change during transition? We were lying. And it’s too late for you to do anything about it now.”
Latest #Brexymoron from Sajid Javid: "There won't be alignment, we won't be a ruletaker." BUT UK firms that don't follow EU rules (e.g cars, pharma, food and drink) won't be able to sell to the EU.
Dr Lindsay Maxwell #FBPE
Javid demands businesses adjust to new regulations whilst refusing to say what they will be. How precisely do they do that? And he wants economic growth to double at the same time? He’s an idiot.
Ed Davey MP 🔶
The first Conservative Chancellor & Government to want to make trade harder since Lord Liverpool’s Tory Government of 1815 A sellout of British business & Britain’s economic future
The chancellor has warned manufacturers that "there will not be alignment" with the EU after Brexit & insists firms must "adjust" to new regulations. A recipe for uncertainty, job losses, higher costs, loss of exports, but millionaire ministers don't care.
Parody Boris Johnson
Chancellor Sajid Javid confirms that we are breaking the first great promise of Brexit - 'We will have all the benefits of the single market without any of the costs' To make up for this we are keeping my personal promise to 'fuck business'
Brexit: 'No alignment' with EU on regulation, Javid tells business: Can the Tories be that stupid?
Javid’s comments point to big trouble ahead for fragile UK economy...Brexit Far From Done. Brexit: 'No alignment' with EU on regulation, Javid tells business
David K Smith
So that's the end of 'just-in-time' manufacturing and the death knell for the car/plane industry in all those traditional Labour areas the Tories just won seats in. As predicted, all the Tories care about is deregulating their chums in the city. #r4today
Justin Williams #FBPE
What the fuckety fucking fuck are these idiots doing? "No alignment" with our nearest & biggest trading partners? Do they actually WANT to destroy our economy, jobs & any chance of prosperity?
It beggars belief that even after being told repeatedly by different industries, politicians just don't get basic concepts like #JIT, which we imported from Japan in the 80s. Lean manufacturing moves to where friction is least; welcome to #Economics101...
"Sajid Javid admitted not all businesses would benefit from #Brexit. [...] 'There will be an impact on business one way or the other, some will benefit, some won't,'"
So The Saj wants to double economic growth to 2.8%, whilst enacting the version of one of the few policies where government has a near-direct impact on economic growth which will have the most negative effect on economic growth
This is true but deeply disingeneous. What will be the effect on the economy as a whole vs alternative alignments? Don't recall this in the manifesto. Let's hold this cocksure govt to account, in detail. 'National interest'? Or vassal statehood to USA?
‘No alignment' with EU on regulation, Javid tells business
Brexit: 'No alignment' with EU on regulation, Javid tells business
And so it begins ...
Javid said the extra growth would come from spending on skills and infrastructure in the Midlands and the north of England - even if they did not offer as much "bang for the buck" as projects in other parts of the country.
"Mr Javid declined to specify which EU rules he wanted to drop" or what new regulations would be in place
Production meeting at UK Car plc: CEO: so, Jo, what’s happening today? Jo: well, the 1st car is for a UK customer to UK regs. Then we’ll stop, convert to EU regs and make one for them. Then stop again and make one for the US. CEO: sighs . . .