UK coronavirus live: country facing ‘severe recession likes of which we haven’t seen’, says Rishi Sunak

      Comments Off on
UK coronavirus live: country facing ‘severe recession likes of which we haven’t seen’, says Rishi Sunak




Share This Story

Overall deaths in England and Wales in week up to 8 May were down for the third week in a row, at 12,657

David Henig, a former civil servant and trade specialist who now heads the UK Trade Policy Project for the European Centre for International Political Economy, has been looking at the UK government’s draft text for a proposed trade deal with the EU. He has posted a detailed Twitter thread on it starting here.

Bye bye afternoon plans… https://t.co/noKyfWoOuS

My summary of the draft UK text for the EU relationship – more ambitious than the FTAs we claimed to be using as a guide, combined with flimsy level playing field provisions, and the bizarre omission of a typical provision UK business would want (procurement).

Not a text that would ever be acceptable to EU or US. Also huge areas of detail missing, as we might expect, but which make reaching agreement in a few months difficult. This text and the one put forward by the EU are incompatible without huge compromises. /end

Continue reading…