Drudge Retort: The Other Side of the News
Monday, December 04, 2017

he UK and EU have failed to reach an agreement to move to the next stage of Brexit talks, Theresa May has said. The prime minister said differences remain on a "couple of issues". She said talks would reconvene "before the end of the week" and she was "confident we will conclude this positively". The BBC's Laura Kuenssberg said the deal had been "sunk" by the DUP, which reacted angrily to reports of concessions on the Irish border issue. Mrs May is understood to have broken off from talks with European Commission President Jean Claude Junker to speak to Arlene Foster, after the DUP leader had held a press conference saying her party "will not accept any form of regulatory divergence" that separates Northern Ireland from the rest of the UK.




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"During the call it was made plain to the PM that the DUP, whose support is vital to the government being able to pass their Brexit legislation, had significant concerns about the deal being discussed that gave concessions to the Dublin government," the BBC's political editor said.

"I understand Foster told Theresa May that she would not be able to support such a deal. It's been suggested too that there are 20 or so Conservative MPs who had serious misgivings about the compromises that were understood to be on the table."

The UK was reportedly prepared to accept that Northern Ireland may remain in the EU's customs union and single market in all but name....


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I am so excited!



#1 | Posted by ChiefTutMoses at 2017-12-04 12:14 PM | Reply

By the time the UK is ready to actually leave no one in the country will want to go any longer.

#2 | Posted by Zed at 2017-12-04 12:30 PM | Reply


Ya know, I've been thinking along those lines lately.

From what I've been reading, support for BRExit seems to be dropping as more and more of the ramifications become more widely known.

Frankfurt, Germany has been a winner so far.

Frankfurt prepares for Brexit: 'It has put extra wind into our sails'

...Recently praised by the chief of Goldman Sachs, Germany's financial capital is in pole position to gain banking jobs from the UK.

Peter Ferres, founder-headteacher of Frankfurt's Metropolitan school, knows a thing or two about London bankers: he used to be one. For seven years, Ferres worked as a managing director for Credit Suisse in the City, marshalling billion-dollar stock market flotations of emerging market companies.

In 2005, he chucked in his career in the Square Mile. After completing a teacher training course, he headed to Frankfurt's Rödelheim district to found one of the city's 13 international private schools.

Ten years later, the City is catching up with the German ex-banker again: in the wake of Britain's vote to leave the European Union, he is on a daily basis fielding calls from London financiers whose employers are considering moving parts of their operation to Germany. Some banks have already block-booked places for the new year at the school where means-tested fees range from €1,800 to €11,500 a year.

Which banks and how many places, the headteacher is not allowed to say, but it has been enough to give him confidence to further expand the school: over the next two years, the Metropolitan is building an additional 10 classrooms.

"Frankfurt was booming anyway, but Brexit has put extra wind into our sails," he says. "Probably even if Corbyn were to get elected tomorrow and decide to overturn the vote."...

Frankfurt's gain is the UK's loss, and that realization is beginning to sink in within the UK.

#3 | Posted by LampLighter at 2017-12-04 12:42 PM | Reply

Looks like negotiations fell through today.

Brexit Breakthrough Fails as Irish Allies Flex Muscle With May

...London and Brussels failed to clinch a long-sought breakthrough on Brexit after a series of dramatic twists that saw a tentative deal derailed by the delicate question of the Irish border....

The Irish border was always going to be an intractable challenge that would require political will on all sides. The invisible border now is only possible because both Northern Ireland, which is part of the U.K. and the Republic of Ireland are members of the EU's single market and customs union. When the U.K. leaves the EU, Northern Ireland goes with it....

Another possible sticking block was the role of the European Court of Justice. The ECJ has totemic importance for the Brexit backers in May's Conservative Party, who see it as a symbol of lost sovereignty.

On the EU side, it's a possible deal-breaker as the veto-wielding European Parliament has made clear the court must have a role in protecting the rights of EU citizens living in the U.K. after Brexit. ...

#4 | Posted by LampLighter at 2017-12-04 02:27 PM | Reply

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