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[maxk] 16/12/2020 12:58

UK plans to rival Singapore and woo shipping companies post-Brexit

Experts say the UK’s departure from the EU is an opportunity for the shipping industry

By
Simon Foy
16 December 2020 • 10:48am


The UK is drawing up plans to woo shipping companies to Britain post-Brexit as it seeks to make London into a rival of Singapore as a hub to register vessels.

Plans being submitted to ministers include expanding the scope of the UK's shipping tax and regulatory regime by counting storage vessels and oil rigs as "ships" for tax purposes to attract more business, the Financial Times reported.

This is currently not allowed under EU rules, and could result in more shipping companies registering their vessels under the UK flag.

Unions and industry bodies have been canvassed about the reform of the industry’s tonnage tax post-Brexit, with the overhaul of the UK's regime estimated to be worth £3.7bn to the economy over three years.

The plan could create 2,500 high-quality jobs directly, on top of another 25,000 new roles in related companies, according to calculations provided to the Government.



More:

[johnkettleyistheweatherman] 16/12/2020 12:36

more tears from our resident IDIOT BOY minerve2

[minerve 2] 16/12/2020 12:34

grahamite2

Yes, cookie messages are annoying but there are serious issues here that I doubt you have the capacity to understand. :)

By-the-way, you need to get up-to-speed with how to use your computer properly so those messages are not so large an issue for you.

Just let me know if you want any help. :)

[k38] 16/12/2020 12:33

...932I hear minnie is taking part this time so I will not miss it.......;))

[geckotheglorious] 16/12/2020 12:29

hehe, spot on Graham....

:)

[geckotheglorious] 16/12/2020 12:22

Sen. Johnson: Congress Should Have Been Told About DOJ Hunter Biden Probe
Sen. Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, said Congress should have been told that Hunter Biden’s business dealings were being investigated as they were conducting President Donald Trump’s impeachment inquiry and trial.



“We all know once Biden senior is in the WH this will all get brushed under the carpet and the Biden family corruption will continue unabated”

[geckotheglorious] 16/12/2020 12:20

I see Dr John Campbell finally got round to Ivermectin!!!

Dr Chris Martensen was on this back in April/May...

But the evidence mounts...

Ivermectin and COVID 19

[minerve 2] 16/12/2020 12:15

Don't fight your fantasy MM2.

[xxxxxy] 16/12/2020 12:03

Today: Upbeat Ursula says there is a path to an agreement but warns that talks over fisheries are "still very difficult". Meanwhile, Boris tells Brexiteers not to fear, as MPs are primed to vote for a potential deal next week.Agreement still possible after good progress, says Ursula: Ursula von der Leyen has said that there is a 'path to an agreement' whilst speaking to the European Parliament in Brussels. "The path may be very narrow but it is there," she added. The Commission President indicated that fishing rights is the biggest obstacle but that progress had been made on the level playing field. "We have found a way forward on most issues but two issues still remain outstanding: the level playing field and fisheries," she said. "I am glad to report that issues linked to governance now have largely been resolved. The next days are going to be decisive."Fisheries 'still very difficult': Ursula said that talks on fisheries were "still very difficult" and that the EU is asking for predictability and stability for their fishermen and fisherwomen. She said that the EU and UK had agreed a "strong mechanism" of "non-regression" on labour, social and environmental standards. Progress had also been made on subsidy law towards an agreement that would allow Brussels to take unilateral actions such as tariffs to redress unfair competition from the UK, she said.No agreement for years if UK goes no deal, says Barnier: The Sun is reporting that von der Leyen has told Boris to accept the trade deal on the table or risk years of wrangling between Britain and the EU. In a phone call on Monday, Ursula warned that it was now-or-never for the tariff and quota free agreement. Barnier told insiders that failure to reach a deal would result in a long No Deal period and "sector-by-sector" talks, pointing to the EU's Canada deal as an example of how long trade negotiations with Brussels can drag on.MPs prepare for potential vote on Brexit deal next week: So the prospects of a deal are looking more likely, but fisheries could yet derail plans for an agreement to be tied up in the coming days. Nicholas Watt, policy editor at BBC Newsnight, said that yesterday Tory MPs had been suggesting that the UK is heading towards a Brexit deal with Brussels. MPs were being told that the first sign will come if and when Jacob Rees-Mogg announces that the Commons will sit on Monday and Tuesday next week. Watt also said that there had been an informal cabinet push to reassure Brexiteers that their concerns have been addressed. They are being told that the UK and EU have agreed to a mechanism in which they would observe common rules but in a way that respects Britain's sovereignty. The UK is said to have seen off the threat of "lightning tariffs" and instead divergence would be managed by a joint dispute mechanism which would decide on appropriate punishment - meaning no unilateral punishment by the EU. If the Commons is to consider the agreement on Monday and Tuesday, Brexiteers say they want to see it by Thursday and no later than Friday in order to give enough time to properly scrutinise it. Boris tells Brexiteers not to fear: The Telegraph are confirming much the same version of events, with senior Government sources saying that Boris Johnson is preparing to push back the Christmas recess should he secure an agreement with the EU by the weekend. "It appears to be an indication that the Government thinks it is likely that there will be a free trade agreement," one said last night.In a bid to reassure Brexiteers on Tuesday night, Boris issued a message to ERG members, telling them: "Never fear folks we will vindicate the people in full or else, as I have said many times, we will start the new year on WTO terms!" In the Telegraph, Martin Howe says that "we cannot afford to yield ground on the level playing field in Brexit trade talks" and warns against signalling a fear of going into WTO terms with the EU by extending talks beyond deadlines. He urges Boris not to succumb to a deal requiring the UK to keep or follow EU laws in the years ahead.No 'pay-as-you-go' for EU programmes: There has been a lot of talk about the EU's Erasmus programme after it emerged that Brussels had rejected British demands for "pay-as-you-go" access to certain programmes such as a research fund and student exchange. The EU instead insisted the UK commits to paying for membership over seven years.Boris to visit India to strengthen relations: The Prime Minister will travel to India next month for his first major bilateral trip since taking office as he looks to refocus attention on the Indo-pacific after Brexit. The UK's trade and investment relationship with India is worth around £24 billion a year and supports more than half a million jobs, while 842 Indian companies exist in the UK with a combined turnover of £41.2 billion. In India, there are more than 400 British companies. Boris said he was "absolutely delighted" that 2021 would start with a visit to India, in what would be "the start of an exciting year for Global Britain". Dominic Raab met with his Indian counterpart on Tuesday to set out the UK's ambition for a strengthened UK-India relationship over the next decade. "As COP26 President and G7 President next year we will work closely with our Indian friends, as they return to the UN Security Council, to boost trade, promote peace and work together as a force for good throughout the Indo-Pacific," Raab said.For the latest news and developments throughout the day, please do follow @GlobalVision_UK on Twitter.Thanks for reading, and enjoy the rest of your day.

[crazi] 16/12/2020 11:57

Good updates

Katya Adler
@BBCkatyaadler
·
11m
Replying to
@BBCkatyaadler
EU sources saying U.K. has accepted the idea of ‘managed divergence’ in exchange for preferential access to single market. Ie if U.K. divergences from EU standards (which U.K. gov demands as its post #Brexit ‘sovereign right’) then EU has right to retaliate eg with tariffs /2
Katya Adler
@BBCkatyaadler
·
9m
Obvs right to retaliate would go both ways eg if U.K. views EU businesses as having unfair advantage after Brussels changed standards. Still to be agreed: what mechanism to judge whether unfair advantage exists or not.. EU has accepted it can’t take unilateral action /3

The above +more bilateral shifting means EU feels its priority in the deal is on way to being sorted ie protecting single market and European businesses in it even if UK gets tariff and quota-free access. U.K. principle of sovereignty - right to make own rules - protected too /4
Katya Adler
@BBCkatyaadler
·
9m
Leading EU diplomat to declare “We’re getting there.” BUT not when it comes to fish .. Here it’s not just about ongoing U.K.-EU differences but also tensions between EU coastal nations /5
Katya Adler
@BBCkatyaadler
·
9m
France has famously been outspokenly tough on fish. Wants to protect French fishing rights in Channel. If it gets anything near what it wants, I’m told by EU insider, then EU wld have to compensate by giving up rights in other waters eg around Cornwall, also north of Scotland /6
Katya Adler
@BBCkatyaadler
·
9m
Spain v concerned. Danish and Dutch too. They ask why they should lose fishing jobs to placate Macron .. These are just the complications intra-EU, never mind finding final fishing agreement with U.K. /7


Katya Adler
@BBCkatyaadler
·
12m
On EU side, guesses are that chief negotiator Barnier will -in the end- call the bluff of EU coastal nations. Along the lines of: If you don’t compromise on fish, we’ll have no deal at all - at far greater cost!.. This is for the coming hours/days, Im told /8

[geckotheglorious] 16/12/2020 11:54

Spot on Sikhthetech.
Post 14498 nails it.

[geckotheglorious] 16/12/2020 11:52

k38
Post 324926
"If the media, CNN or the WH want excuse they blame the... Russians"

More likely to be the Chinese but the corrupt Biden family are up to their eyeballs in Chinese money...as are many others in the House of Reps.

"RIDING THE DRAGON: The Bidens' Chinese Secrets (Full Documentary)"

[geckotheglorious] 16/12/2020 11:50

K38

Yes, spot on.

Trump got 10 million more votes than he did in 2016. The parades were huge.
Contrast that to Biden spending most of the time in his bunker,and when he did venture out, the meetings were small, and uneventful energy wise.

Hardly any attendees yet the blue wave that failed to materialise didn't stop Biden getting 12million+ more votes than Obama(whilst Trump added an extra 20 million too on top of his 2016 count. So NO LEAKAGE from the Republican vote at all to Biden!!)

In fact Trump got much more of the Latino and Black vote than any other Republican president.

So where did ALL these NEW VOTES for Biden come from???


Trump spoke about ballot fraud for so long because it was obvious the Democrats were going to cheat.

Russia collusion - epic fail.

Ukrainegate - Biden actually guilty of what Trump charged with.

The riotings of Antifa/BLM, vanished now. Funny that.


In fact Democrats realised the only way they'd win would be by cheating.

So they cheated royally.