2017-08-17 10:18:53 UTC
"The recent reassuring words of the Chancellor and the Trade Secretary do
not detract from the fact that Project Fear is still going strong. The
summer of scaremongering by Remainers, trying to obstruct Britain's exit
from the European Union, includes the pretence that we must pay a colossal
£36bn 'divorce bill' to break the deadlock in negotiations."
"There is nothing in Article 50 of the Lisbon Treaty that stipulates we have
to pay a fine or settle a "divorce bill". That is a fiction, a spurious
invention. In fact, there would be nothing wrong with walking away without a
deal and paying nothing. It would be entirely legal, and it might make the
best business sense."
"Our negotiators ought to be in a powerful, even dominant position at this
stage. The European Commission desperately needs our money, and is ready to
buckle to our demands. If we make it plain that we're willing to walk away
without paying a penny, we have enormous leverage."
"Thanks to the fall in sterling since the referendum, British export
businesses are able to sell more cheaply to foreign markets. This makes our
goods even more competitive, which in turn increases British profits. That
could be offset against the cost of the tariffs - the government would not
need to fully compensate firms, because the natural laws of economics would
be doing that already.
All this adds up to one basic fact: we mustn't pay more for a free trade
arrangement (FTA) than it is worth. And unless the EU is prepared to
implement the deal fully before Britain leaves, then we shouldn't pay at
"Disastrously and not withstanding his recent pronouncements, it appears
that the Chancellor is trying to salvage a second-rate version of the
current EU agreement, and he seems willing to do this at a very high cost.
In this he is backed, not by small British businesses, but by the vested
interests of the multi-nationals and foreign owned companies."
"If he is not capable of grasping the opportunities, or prepared to fight
for Britain's best future, he should be sacked as soon as possible and
replaced by someone who will"
"The bottom line is that Remainers and Brexit saboteurs keep telling us that
Britain is in a weak negotiating position. They are lying. We hold the aces,
and the EU is desperate to make a deal with us."
The whole piece here:
thanks to RH