Wednesday, January 18, 2017

Jonathan Arnott's View On 'That Speech' By Theresa.

Well, Theresa May has finally given a speech steeped in platitude about what Brexit means. There are some positives, I'll give her that, because at the very least she's talking about the need to control immigration and to have the ability to negotiate trade deals with third countries. In some areas she is talking about our strengths at the negotiating table. Yet, #despiteBrexit (TM), the pound is up nearly 1.5% against the euro and 2% against the dollar today. I have mixed feelings about the pound recovering because of the need to boost manufacturing at present, but the weaker pound has been a plank of the arguments of Remainers that the economy is weakening. A stronger pound would be good for buying foreign goods, and ultimately help stem the increase in petrol prices, but not so good for our exports.
She's also right that no deal is better than a bad deal.
The devil though, as ever, is in the detail.
It won't be a hard Brexit, a soft Brexit, or even a red, white and blue Brexit. It's going to be a slow-motion Brexit with 'phased implementation and 'interim measures' not starting until April 2019, almost three years after the British people gave their mandate in a referendum. And that's assuming that there are no further delays, which itself is questionable. There's no deadline for when this process would be completed, and no time limit, but we're helpfully told that some things will take longer than others (but not which are which).
We won't, we're told, be paying 'vast contributions' into the European Union budget. Will we, in fact, be paying smaller sums into the EU budget under May's proposals? We don't know. I'd have liked to see a much firmer line here.
Then there's fishing, an essential component of any speech on Brexit. Not mentioned once.
Plenty of need for UKIP to hold this government to account!

Joel 2.

The Day of the  Lord. 28  “And afterward,      I will pour out my Spirit on all people. Your sons and daughters will prophesy,      your old...