If the UK government is not “scared” of leaving the EU without a trade deal, then it is because the interests of UK government ministers will not be harmed.
Reading between the lines of the BBC’s story, perhaps they expect the taxpayer to fund any businesses in which they have an interest?
The downside is that UK negotiator David Frost is saying your Tory government couldn’t care less if your business crashes to dust as a result of high tariffs that will be imposed by the EU nations in January.
Both sides want a deal agreed next month in order to have it signed off by politicians on both sides of the Channel by the end of the transition period on 31 December.
Differences remain on issues such as fishing and the level of taxpayer support the UK will be able to provide for businesses, also referred to as state aid rules.
The EU has said it wants full access for its boats to fish in UK waters in return for giving the UK fishing industry full access to EU markets.
On state aid, the EU has expressed concern that it could give business in the UK an unfair advantage over their European competitors and Mr Barnier has previously said the EU will require “robust” guarantees in this area if it is to agree a deal.
This Writer would be inclined to suggest that the EU should keep its nose out of the UK’s businesses if we could be sure that taxpayer funding for our firms could be administered in a reasonable way – but that’s not what we’re seeing.
Look at the Covid-19 crisis: the Tories have deliberately manipulated government procurement mechanisms to give whomping great wodges of public money to private companies run by their friends. That’s not reasonable!
On balance, the EU’s insistence on interfering in the way UK businesses are run is not acceptable, though. Does Michel Barnier really think a little state aid is going to make much difference for a single country dealing with the world’s largest trading bloc?
If This Writer was running a large concern, though, I would be worried.
Whatever happens, it seems UK businesses will end up paying large tariffs to sell into the EU, while receiving no support from their own government. Am I right?
Source: Brexit: Negotiator David Frost says UK not scared of walking away – BBC News
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The other side of this is that we will pay huge tariffs on imported goods. In the end it’s us, the consumer, who has to foot the bill. That’s quite apart from the added cost to business from the customs clearances that we didn’t need while we were in the EU. Again, it’s the end user that will foot the bill.