Discover and read the best of Twitter Threads about #UKIM

Most recents (3)

1/8 Under this historic trade agreement with the EU – the first based on zero tariffs/quotas EVER agreed by them – 🇬🇧regains control of our laws, borders, money, trade and waters. 🇬🇧 has the political and economic independence on 1 January 21 that was voted for in 2016.
2/8 On 1 January 2021, 🇬🇧 leaves the #CFP and becomes an independent coastal state. Something that, from the very start, the EU insisted could NOT happen. They tried to get the status quo tied into the original Withdrawal Agreement – we stood firm against that.
3/8 EU 'insisted' on maintaining status quo on #fishing with early calls for a 40-year adjustment period! 5.5 yrs is a huge climb-down for them compared with our opening compromise of 3 yrs. And, in that time, 🇬🇧 will receive a transfer of 25% of quota (15% in first year).
Read 8 tweets
The Government will publish the UK Internal Market Bill tomorrow.

It’s already controversial, in part due to today’s comments in Parliament, but also because the Devolved Administrations see it as a power grab.

gov.uk/government/new…
The #UKIM will establish a new “Office for the Internal Market” within the @CMAgovUK.

The exact powers of this body will be set out in the bill. However areas of oversight are stated in the press release to include consumer protection, food, animal welfare and the environment.
Not all powers repatriated from the European Commission are to be held in Westminster.

Under the UK Internal Market Bill, the Devolved Administrations will gain new powers in respect of
air quality, energy efficiency of buildings and elements of employment law.
Read 7 tweets
The UK Govt is publishing a white paper today on the UK #InternalMarket

Press release 👇talks about powers going back to the #devolveds & jobs being protected

This isn't quite how the devolved govts see it 🧐

Here's a quick overview of the challenge:
1/
gov.uk/government/new…
The European single market enabled frictionless trade within the UK even as devolved pwrs grew
🇬🇧🏴󠁧󠁢󠁳󠁣󠁴󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿

#Brexit opens the possibility for growing divergence & internal barriers to trade.

It's a knotty challenge to meet, given serious economic, policy & political differences.

2/
How can the #UKIM challenge be met?

@UKandEU @McEwen_Nicola
@DanielWinc & I outline 4 poss. approaches (& strengths, weaknesses, likelihood)

UKG White paper is option 1, but with elements of 2 & 3 included.

It's ambitious.
& bound to be contentious.

Here are the 4 options:
3/
Read 11 tweets

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