EU REFERENDUM - MAKE AN INFORMED DECISION
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last week in brexit 17/10/16

17/10/2016

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Last week, tensions rose in the House of Commons as cross-party MPs called for a parliamentary vote on the terms of the negotiations; Labour used it's opposition day to talk Brexit and gave David Davis 170 questions; Nicola Sturgeon said that a second Scottish independence referendum is now closer than ever, and that Scotland may seek to do it's own trade deal with the EU; The boss of Nissan visited the PM to talk about the future; Philip Hammond continued to urge caution, and finally, Donald Tusk said that it will be "hard Brexit or no Brexit", and even suggested we could walk away from Brexit if the negotiations don't go well.

reading list

Richard North gets the top spot this week, brilliantly exposing the general uselessness and misleading nature of the term Hard brexit, and why the media really isn't helping the debate to move forward. North is an outspoken, some might say cantankerous Brexiteer, but has done some of the best work on the subject and is consistently months ahead of the media, so is very worth keeping up with.

Ian Dunt on the other hand, is an equally outspoken remainer and anti-Brexiteer. This week Dunt argues that David Davis is driving us off a cliff edge following his performance in the commons last Monday.

The pound keeps on falling, and there is an alarming amount of disagreement about whether this is a good or a bad thing. Duncan Weldon explains how the value of the pound is now based on politics, not economics, and is now the primary opposition to the government. Aditya Chakrabortty argues that the falling pound punctures the delusion that Brexit will Flourish, whilst Roger Bootle and John Mills suggest that we should celebrate the fall of the pound, and try to keep it low.

Before the referendum, the details of the Norway option and the potential for Britain to join EFTA was a regular talking point, but has since vacated the debate almost entirely. This great piece by Nat O'Connor at EFTA4UK combats this, and looks at the possibility of EFTA being the basis for a new EU-UK relationship. A must read.

​​The IndyRef 2 news cannot be ignored. Steve Peers breaks down the possibilities and legal implications on his excellent law blog; Bagehot explains in The Economist how the announcement gets Nicola Sturgeon out of a tight spot; and Iain Martin does not hold back in his view that Sturgeon's answer to hard Brexit is to wreck the Scottish Economy.

​alex.davies@gmchamber.co.uk
@GMCC_Alex

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