Disintegrating Tories will void May’s pledge for Brexit deal in seven weeks

Prime Minister Theresa May in China met with President Xi Jinping. Here the May couple drinks Chinese tea with the country’s leader. (Taken on February 1, 2018. UK government work, public domain).

Last Friday, Theresa May, the British Prime Minister, said from China, where she was on official visit, that in seven weeks she will have a Brexit transition deal with the EU. Surely, nobody believes her. The reason is that her Tory governing party is so deeply split over the Brexit terms, up to the point that they have rendered democratic Britain into an ungovernable country.

In detail now, May, while in Shanghai, gave an interview to a prominent BBC journalist. When asked about the terms of the transition period after the official Brexit date of 29 March 2019 (it will last until the end of 2020), she answered “In seven weeks time, we will have an agreement with the European Union that is the timetable they have said on an implementation period.”

However, at the same time and from the same place somewhere else in the Shanghai Stock Exchange huge building complex, her Trade Minister Liam Fox, a hard Brexit champion said, “It is very difficult to see how being in a customs union is compatible with having an independent trade policy because we would therefore be dependent on what the EU negotiated in terms of its trading policies and we’d be following behind that.” He was also speaking to a major global news network. Let’s see what Fox exactly said.

Trade minister v May

To be noted, according to what the European Union negotiators have only too clearly stated and Theresa May has accepted, the offer of a transition period after Brexit up to the end of 2020, includes a freezing of the present status. This means nothing will change during it. It will be exactly like today’s standing of full UK membership of the club. Obviously, Britain during this period has to comply one hundred per cent with the EU rules, of course including the EU external trade terms and conditions, irrespective of what Britain plans to do after 2020.

There is more to it though. During the transition period the unobstructed access to the EU markets and the full participation in the customs union, goes together with the free movement of EU citizens in Britain, the preponderance of the European Court and EU’s legislation plus full payment of membership dues. All those terms are ‘red cloth’ for at least half the governing Tory party deputies.

Mad at the EU

It’s not the first time this party is deeply divided even ousting its leaders and prime ministers on differences about European Union issues. Actually, serving Tory Prime Ministers have been ousted from the leadership of the party, also losing, consequently, the country’s top job. Margaret Thatcher was forced to resign in 1990, during her third term as prime minister. Her party the Tories let her down in relation to a plan to introduce a European Union tax. It regarded the introduction of a new duty charge, related with the functioning of the then European Community.

The latest victim of the Tory split about whatever is related to the EU was David Cameron. He resigned from the party leadership and as prime minister, after having won a surprise absolute majority in the 2015 general election. He announced his decision to resign the next after losing the June 2016 referendum, where he had vigorously led the Remain campaign.

The impossible hope

Unfortunately for the Brexiteer Tories, they are now stuck with Theresa May as Prime Minister. If they oust her as many of them loudly wish, they would be confronted with the possibility of losing the next general election to the Labour Party and its old style socialist leader Jeremy Corbyn. So, they are cornered in the present Parliament, where the Remainers have a clear absolute majority. As a result, Brexiteer Tories’ only but impossible hope is to press May – initially a Remainer herself – so hard as to somehow, magically, she could pass their own aggressive and wild Brexit version in a Remainers House of Commons.

The governing Tories are also divided in relation to the party’s position, regarding the after Brexit future of London City golden eggs laying goose. The City needs full access to the EU markets if it is to continue producing more than 10% of Britain’s GDP, using just a single square mile of the country’s soil. The problem for the City’s financial hub is though, that only a few legislators really care about its future. In reality, only very lately there is some interest in the parliament even in the Labour benches, for the future of the financial sharks, who have made the City what it is today. The Tories are also deeply divided about that.

Multiple fractures

On the other shore of the English Channel, mainland Europeans are not willing to take care of the City’s worries, without a substantially watered down Brexit. Last Thursday, the European Commission Vice-President Valdis Dombrovskis said “Britain’s financial companies can either establish full-blown subsidiaries in the European Union after Brexit or fall back on financial regulatory “equivalence”. This means the London financiers after Brexit have to either pay too dearly their relocation to mainland or Britain has to apply the entire package of the relevant EU legislation (equivalent) in order the City to continue producing 10% of UK’s GDP.

This last case though also includes the preponderance of the European Courts and the full supervisory authority of Brussels, an anathema for the Brexiteer Tories. But in the case of a hard or wild Brexit it’s clearly impossible for the City’s financial hub to retain its ‘passport’ of doing business in the mainland from its London offices. Again, the Tory party is so deeply divided about these alternatives, up to the point to look like two different and ideologically opposite political groups. It seems it’s the fate of Tories to disintegrate, every time there is a European Union issue at stake.

Is there a solution?

Given all that, May’s statement about having an after Brexit transition deal within seven weeks is at least over optimistic. Under no circumstances the Tory party can agree to either a watered down Brexit or a hard one. The division is so deep and the stakes so high, that the 1990 demise of the powerful and triumphant Margaret Thatcher over a measly ‘community tax’, looks like a children’s play.

In conclusion, Britain under the Tories is really ungovernable. The country’s sonly chance to overcome this existential predicament is to elect a Labour government in an early election, as the only way to unite the Tories in ‘a free of charge’ opposition to a generously diluted Brexit, the House of Commons would vote for with a clear majority.

 

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

No barriers to free flow of non-personal data in the EU

Gender parity has a huge role to play in the fight to save our oceans

UN investigates systematic sexual violence across South Sudan

‘End the ongoing atrocities’ against people with albinism in Malawi, say UN rights experts

This entrepreneur is helping farmers get food to consumers during lockdown

Get out, stay out: how financial resilience helps end poverty

New UN poverty report reveals ‘vast inequalities’ between countries

Czech PM should resolve his conflict of interest as a matter of urgency say MEPs

Global hunger is on the rise. These simple steps could help eradicate it

The EU checks the multinationals for tax fraud but Britain may sail out of the EU via Panama

New UN Global Climate report ‘another strong wake-up call’ over global warming: Guterres

EU tells Britain stay in as long as you wish

These chefs are fighting hunger and poverty with gastronomy

‘Ticking bomb’ health warning over deteriorating conditions facing Cyclone Idai victims

Yes, together we can make a change! YO!Fest and EYE 2016

Can the EU afford to block China’s business openings to Europe by denying her the ‘market economy status’?

It takes far too long for a rare disease to be diagnosed. Here’s how that can change

How Jack Ma sees a thriving future of entrepreneurship in Africa

How to create a world where healthcare is a right, not a luxury

Food safety: more transparency, better risk prevention

Why the West supports the yen’s devaluation and Japanese over-indebtedness

World in grip of ‘high impact weather’ as US freezes, Australia sizzles, parts of South America deluged

Women in video games: ‘Accept it, or don’t buy the game’

Human Rights Council election: 5 things you need to know about it

Peru should help more young vulnerable people into work

COVID-19: Both WHO and Europe must learn from the current pandemic, say MEPs

Better air pollution data is helping us all breathe easier. Here’s how

Does the “climate change” require ombudsman services for environment?

Digital technology helped create the skills gap. Here’s how it can help close it

Did young people just kill television?

Restoring prospect of peace in Middle East is ‘our shared responsibility’ UN envoy tells Security Council

‘We will not give up on looking for peace for South Sudan’: UN deputy chief

EU-Turkey relations: Erdogan plays the refugee card while beefing up gas operations in the Eastern Mediterranean sea

Is Haiti better prepared for disasters, nine years on from the 2010 earthquake?

Timor-Leste Foreign Minister highlights value of UN in resolving conflicts

This new way of understanding disease is changing medicine

Asia-Pacific showing ‘decisive leadership’ on road to 2030 Sustainable Development Goals, deputy UN chief tells key forum

UN honours peacekeepers who ‘paid the ultimate price’, for the sake of others

FROM THE FIELD: Keeping Morocco’s indigenous culture and conservation in balance

THE COMMITTEES: ‘All roads lead to the Fifth’

‘Building back better’ – here’s how we can navigate the risks we face after COVID-19

Canada leading the way on women’s inclusion and empowerment, says OECD

Facebook: MEPs demand a full audit by EU bodies to assess data protection

Cultural Intelligence: the importance of changing perspectives

Central banking in times of complexity

Here’s how sustainable aviation fuel can take off in Europe

The European Council takes more measures to stem illegal migration

Legendary Harlem Globetrotters slam-dunk at the UN, with message that brings families, nations together

Eastern Partnership: Commission proposes new policy objectives for beyond 2020

ILO and EIB join forces for more and better quality employment

5 things you need to know about water

France-Germany: Divided in Europe, USA united in…Iran

‘Don’t forget Madagascar’s children’, UN appeals for long-term help as emergency worsens

EU Budget 2019: focus on the young, on migration and innovation

Scotland and First Minister Salmond enter the most challenging battlefield for independence: Europe

Take action on air pollution to save lives, and the planet, urges UN chief

‘Pioneering’ former Chilean President Michelle Bachelet officially appointed new UN human rights chief

Parliament ready to fight for a different EU budget

Tuesday’s Daily Brief: prizewinning journalists freed in Myanmar, new tracking tool for suspected terrorists, and a global bid to stop snakebite deaths

UN rights chief slams ‘unconscionable’ US border policy of separating migrant children from parents

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s