Theresa May spokesman on the wires
- The government’s positions is that we can only resolve the financial implications of Brexit as part of a settlement of all the issues
There’s another negative for the pound.
Boris Johnson up too;
- €100bn is too much to pay the EU upon exit
- It’s up to the EU now to look at the UK’s offer on Brexit and make progress
The market doesn’t like the fact we’ve seemingly headed back to the same old impasse so soon after May’s trip to Europe to try and grease some wheels.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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I fully agree with May here, in any divorce settlement you look at everything together, be it the custody of the kids & access, look at share of assets, look at maintenance and/or final settlement deal, then and only then is an agreement finalised (to the wire as the boys said earlier). You don’t go and agree on kids access and weekends to then be stiffed on the money!! I really do think its time to get 40 copies of wto rules printed and bound and slapped on the table at the next meeting with barnyard and basically say’ enough is enough, yes the clock is ticking so let’s get to how we operationalize these wto rules, and we can come back to any deal if there’s time left’
I don’t think the EU are insisting on agreeing a final figure before they will move on they just need a list of liabilities the UK are willing to honour, the final figure can be calculated later.
well maybe not to the cent but the words of drunker or his merry band are looking to get the UK on point for a huge sum. sufficient legal reviews have clearly shown there is no liability per contract/agreement, so anything above this is pure payment on goodwill
not sure about any goodwill, the Germans and French know that any shortfall they will have to make up so they are keen as mustard to get a huge payment. The smaller members also fear losing grants as the UK will stops paying so they are unlikely to agree too easily. You seem to have decided that no deal is the only way and we should sort out the details of the WTO route. I think I agree.
Im afraid so, I think that the future is then open to some sharper deals but in the meantime lets get packing! you’re spot on I think re Germany et al too
Agreed, Germany will have to pay. France cannot. they have no money. Until merkel forms a workable government, you will hear very little coming from Merkel. She will be wary of how her new partners might react but she will be the singlemost decision maker in all things Brexit and not Juncker or EU negotiators. They are there to stall things while she is hamstrung. As for a no deal scenario. That seems unlikely but to the wire in true EU/EZ form? Definitely!
Perhaps they are using the divorce bill as a means of holding talks still while Mrs Merkel gets her government formed? She is limited as to what she can agree to without the full agreement of whoever she will be ruling Germany and therefore the EU. Germany will be the real decision makers on the EU side. They are after all, the paymasters. They will have to pick up the tab
Apologies for the delay in replying David. To the wire it is indeed likely to go in true EU style.