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[stonedyou] 30/8/2020 14:16

UK ready to walk away from Brexit trade talks over state aid demands


The UK has said it will walk away from post-Brexit trade talks if Brussels does not drop its demand to align with EU state aid rules.

UK Brexit negotiator Lord David Frost has told his counterpart Michel Barnier that the UK is not willing to compromise on this point as the potential of a no-deal exit draws closer.

Read more: Cabinet draws up plans for simultaneous no-deal Brexit and second Covid wave




Brussels is demanding that the UK adopts EU rules that prevent the government from subsidising domestic companies at the detriment of Europe’s private sector.

Brussels is also demanding that the UK aligns its regulations on other things like labour and environmental standards in what would be known as a “level playing field” for businesses on both sides of the channel.

In return the EU would continue to trade with the UK on a no tariff basis.

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Level playing field demands have been the major obstacle to progress in negotiations, along with disagreements over EU fishing access to UK waters.

[patientcapital] 30/8/2020 14:01

How about adopting this IRS approach for the UK? Sorry, Alp., not directed at you but more generally. Green, et al."If you are a U.S. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside." - IRS

[alphorn] 30/8/2020 13:55

G2 - it is quite obvious - you can only tax those people/companies that have the money to pay, irrespective of the politics. Taxing others would have little tax yield.

[grahamite2] 30/8/2020 13:50

If you really were the person you pose as, you'd know all too well that the "Conservatives" have been bashing "the rich" for a decade now, bashing them as harshly as the socialists ever would.

[minerve 2] 30/8/2020 13:16

No doubt people like me will be the target for Boris to bail himself out of this debt trap of his own doing.

[utrickytrees] 30/8/2020 11:11

One off Grant's are no good. ALL we need to do is introduce apply VVAT (vendor value added tax) on all internet transactions at 17.5% or whatever it is these days

[maxk] 30/8/2020 10:47

Who else but the peeps in the middle?


The poor are skint

The rich have got opt-outs


Who's the last man/woman standing?

[utrickytrees] 30/8/2020 10:36

What heavy tax negotiators are those then Alphorn? Ursula van der Leyen lol Verhofstadt lol,lol or perhaps Jon Ola Sand head of Eurovision lol, lol, lol. Dont let your indecision take you from behind, trust your inner vision....dont let others change your mind.

[alphorn] 30/8/2020 10:30

The DM take may be more realistic. Tax the guys who are not at the negotiating table:

"Britain's middle class faces £30billion tax raid to pay for covid"

[alphorn] 30/8/2020 10:21

"The Chancellor is said to be conscious of the need to “address the balance” between major online retailers such as Amazon"

He won't have the heavy trade/tax negotiators in Brussels to help.

A moment ago Boris et al wanted to bring these guys on-shore to the new fantasy tax haven. But this was a Telegraph/Express article I expect.

[bargainbob] 30/8/2020 09:50

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Mark Blyth
@MkBlyth
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Aug 28
I keep getting asked about my views on Scottish independence. So there it is. I'm for it. Why? Because the UK growth model is unsustainable and Scotland can do better than simply subsist on inter-regional transfers.

[bargainbob] 30/8/2020 09:43

How will England fund itself Maxk. The main reason Boris and co are in a panic .
Takeaway the cash cow .


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maxk30 Aug '20 - 09:14 - 313476 of 313478
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bob.

If you jocks were to vote for indy. What would you do with it? How would you fund it?

[utrickytrees] 30/8/2020 09:22

This is the reality maxk.

44.6% of all Scottish adults, will not pay income tax as they will earn less than the Personal Allowance.

[maxk] 30/8/2020 09:14

bob.

If you jocks were to vote for indy. What would you do with it? How would you fund it?

[utrickytrees] 30/8/2020 09:11

Redwoods got a point 5xy. Jockistan spends 2K more per person on public services & debt repayment than the rest of the UK. How can you be in that much debt & keep spending money they havent got. Interestingly a few months ago some Jock brightspark bragged that all road bridges including the new Forth bridge was toll free. This gesture should be viewed by Westminster as an act of defiance. Bailout restrictions have to be placed on Scotland in a Similar way that Merkel imposed them on Greece.

[investtofly] 30/8/2020 08:57

Someone has to take the blame for the Civil Servants.You tell me that Boris reads EVERYTHING put in front of him?He only reads what he has too.....

[xxxxxy] 30/8/2020 08:39

470.Think that is spot on.