[Politics] Brexit

pastafarian said:

and its worth repeating

For someone that has been constantly saying the British people are too stupid to vote in referendums and shouldn’t be given this opportunity on this issue anyway, your stance that there should now be a second referendum reeks of rank hypocrisy as always.

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The Clamp said:

Have a day off, fella.

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pastafarian said:

For someone that has been constantly saying the British people are too stupid to vote in referendums and shouldn’t be given this opportunity on this issue anyway, your stance that there should now be a second referendum reeks of rank hypocrisy as always.

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pastafarian said:

its not surprising the remoaners dont want to address this

“Emanuel Macron, the new French President, spoke about an open door, he said that if Britain is changing its mind it will find an open door, I agree, I don`t disagree with him But like Alice in Wonderland not all the doors are the same. It will be a brand new door, with a new Europe, a Europe without rebates, without complexity, with real powers and with unity. That is the door towards Europe.”

completely in denial

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Kinky Gerbils said:

Philip Hammond has undermined the Prime Minister's mantra that "no deal is better than a bad deal" on the eve of Britain's Brexit talks, after he suggested that "no deal would be a very, very bad outcome for Britain."

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JC Footy Genius said:

So says the Telegraph. He then set out a worse option (bad deal) which supported the PM's view that no deal is better than a bad deal. In other news, he confirmed we are leaving the Single market and customs union.

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Banks, accountants and law firms that facilitate offshore tax schemes face a Europe-wide crackdown, according to a leak of draft legislation.

Brussels will publish proposals this Wednesday to force financial intermediaries to automatically disclose any new cross-border tax schemes offered to clients. Those designing and promoting aggressive avoidance structures will have five working days to file details with their local tax authority, according to a leaked version of the proposals, drawn up by the European commission.

The clock will begin ticking as soon as the scheme has become available to a client. Where there are several intermediaries in the chain, one will be made to take responsibility for disclosure. And where all intermediaries in the chain are based outside European member states, the obligation to disclose will fall to the client.


“The ultimate objective”, according to the commission, “is to design a mechanism … that will dissuade intermediaries from designing and marketing such arrangements.”

The new rules will come into force in 2019 and are aimed at cross-border schemes that involve more than one country, so long as one of the jurisdictions involved is within Europe.

Since 2004, UK statute books have had legislation forcing those who market tax schemes to report them to Revenue & Customs. Portugal and Ireland have similar rules. However, the commission’s proposals would further tighten the screw on British-based intermediaries.

This is because all European member states will be obliged to share with each other, every three months, details of the tax schemes disclosed. A central directory of avoidance schemes will be created, to which all member states will have access.

It is possible the regulations will never be adopted by the UK. However, if Britain negotiates to remain part of the single market, it would be subject to the same tax and financial regulation as full members of the union.

Research shows that globally, the majority of intermediaries are based in Hong Kong, the UK and the United States. A study of the ICIJ Offshore Leaks database, which contains data from the Panama Papers and previous leaks, identified 140 intermediaries linked to offshore entities. Nearly 90% of them have an office, a subsidiary or an affiliate in Europe.


The most active facilitators were the Swiss banks UBS and Credit Suisse, which were linked to 24,500 offshore entities between them, according to the report, which was commissioned by the Green and European Free Alliance groups in the European parliament.

Trident Corporate Services, which has offices in London’s Portland Place and was linked to 8,500 offshore entities, is the third largest and the first in a string of middlemen whose names are largely unknown outside the world of offshore companies.

“If we go for a softer Brexit, as now seems more likely, these rules would apply in the UK,” said a Green MEP for south-west England and Gibraltar, Molly Scott Cato. “We call on member states to adopt the proposal as soon as possible and to scale up resources in their tax administrations.”

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Herr Tubthumper said:

So. Negotiations start today. Should be interesting.

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The Clamp said:

Crappy, low paid, zero hour jobs with no security or pensions that cost the taxpayer billions in tax credits and other benefits. They do the country and the economy more harm than good.

I wonder if there will come a point when even the hardcore brexiteers that are in denial will come
come clean and admit it's a monumental **** up.
Fiddling while the ship sinks.

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Kinky Gerbils said:

When do you think the Express will start blaming the EU?

Tomorrow?

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Kinky Gerbils said:

When do you think the Express will start blaming the EU?

Tomorrow?

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Titanic said:

5000 more crappy, low-paid, zero hours jobs with no security...

http://www.bbc.co.uk/news/business-40324352

Car maker Jaguar Land Rover is to hire 5,000 staff to enhance its expertise in autonomous and electric technology.
The firm said it would hire 1,000 electronic and software engineers and 4,000 workers across other sectors, including manufacturing.
Most of the jobs will be based in the UK, with recruitment taking place over the coming year.
The carmaker, which is owned by India's Tata Motors, employs more than 40,000 people globally,
The company will build its first electric vehicle, the I-PACE, in Austria.
However, it has indicated it would like to make such models in the UK if conditions such as support from government are met.
Jaguar Land Rover has indicated half of all new models will be available in an electric version by the end of the decade, necessitating new skills among its staff.

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lincoln imp said:

good news that half at least of those jobs will be in the uk. I suppose that a fair number have to be abroad as jlr are electing to build their first electric vehicle in austria. As you seem interested in this sort of thing, did you see that bmw's controlling shareholders are prepared to pull out of the uk, writing off their £2bn investment (and tens of thousands of british lives) if the brexit deal threatens to damage the single market?

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Lincoln Imp said:

Good news that half at least of those jobs will be in the UK. I suppose that a fair number have to be abroad as JLR are electing to build their first electric vehicle in Austria. As you seem interested in this sort of thing, did you see that BMW's controlling shareholders are prepared to pull out of the UK, writing off their £2bn investment (and tens of thousands of British lives) if the Brexit deal threatens to damage the Single Market?

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nicko31 said:

The BMW situation is a worry

http://www.oxfordtimes.co.uk/news/1...ive_amid_fears_BMW_could_pull_out_investment/

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