The demands by the French President and Finnish Prime Minister for a formal Brexit plan by the end of the month have been rebuffed by Downing Street saying that the UK will table its proposals when we're ready to do so! PLEASE SUPPORT MY YOUTUBE WORK ON PATREON:
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The government has rejected the French and Finnish deadline for tabling written Brexit proposals by the end of September, with a government spokesman saying:
"We have been having detailed discussions with the commission’s Taskforce 50 in recent weeks. We have now shared in written form a series of confidential technical non-papers which reflect the ideas the UK has been putting forward. We will table formal written solutions when we are ready, not according to an artificial deadline, and when the EU is clear that it will engage constructively on them as a replacement for the backstop."
So, basically it's we'll let you know when we're ready, not before.
Now, these 'non-papers' as they are called, are a method of floating ideas for discussion but without making any commitments.
But the EU now wants a firm, formal, written position that it can presumably leak to the press then watch our own UK Remainers do their best to rubbish it, while stepping in occasionally to add their tuppence worth.
The UK Brexit Secretary Steve Barclay has told business leaders in Madrid that more flexibility was needed by the EU to strike a deal and that some risks needed to be taken by them.
"A rigid approach now at this point is no way to progress a deal," he said. "and the responsibility sits with both sides to find a solution.
"We are committed to carving out a landing zone and we stand ready to share relevant texts. But it must be in the spirit of negotiation with flexibility and with a negotiating partner that itself is willing to compromise."
And he went on to remind them that the French soldier and former president of France, General Charles De Gaulle had said that "...a true statesman is one who is willing to take risks..." so a refusal by the EU Commission to take a risk would be 'a failure of statecraft' said Barclay.
Not sure the Eurocrats see it quite that way though?
And I'm not sure Brexiteers want the EU to take the sort of risk that might saddle us with a version of Theresa May's surrender treaty.
But while the government sets about negotiations with the EU, the whole Remainer push is back home in the Supreme Court trying to get the prorogation of parliament ruled unlawful so they can then attempt to get it recalled to complete its anti-Brexit work.
But although the court case itself ends today the reports coming out are that a judgment will not be forthcoming until next week.
And even if the advice, which I'm not sure anyone has actually seen, that Boris gave to the Queen is deemed unlawful, there is still no guarantee that the prorogation itself can be overturned or terminated.
According to reports, it looks like the Supreme court decision might come out as an overall view of the court to take account of any splits in opinion, with different sections being written by different judges.
I will say though that the Remainer press is reporting that most pundits are calling it against the government, especially as there seems to be very detailed discussions on possible legal remedies to the situation, but they would say that, wouldn't they?
We'll just have to wait and see.
But the judges are going to displease a good proportion of the population, whichever way they go with this.
Now, I recently reported that the European Central Bank (ECB) had lowered its deposit rate further into negative territory in the face of growing economic problems in the eurozone and that it had restarted its quantitative easing programme at 20 billion euros a month to stimulate growth.
Today it was the turn of the Bank of England to get its Monetary Policy Committee (MPC) together to decide on what the UK would be doing.
Well, the MPC voted unanimously to maintain the bank rate at 0.75%.
It also voted unanimously to maintain its current stocks of £10 billion of corporate bonds and £435 billion of government bonds.
So we seem to be weathering the global economic storm a bit better than the eurozone as a whole at the moment, don't we?
#Brexit
#SupremeCourt
#InterestRates
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