>The European Union would likely move quickly to launch infringement procedures against the UK and suspend their trade agreement if Boris Johnson’s government puts forward legislation to revoke its commitments over trade with Northern Ireland, a person familiar with the matter said.
>
>As well as freezing the privileged access that UK companies have to the EU single market, the bloc would also halt talks over the status of Gibraltar, the person said, asking not to be identified commenting on private discussions.
>
>The European Commission, the EU’s executive arm in Brussels, would be responsible for recommending a course of action while the final decision on the details and timing of any measures would need the backing of member states.
>
>The threat illustrates what’s at stake after UK Foreign Secretary Liz Truss on Tuesday night said the EU’s latest proposals on trading arrangements won’t work, signaling she’s prepared to take unilateral steps unless a new agreement can be negotiated. A suspension of the trade deal would effectively mean a return of the “no-deal Brexit” the accord was meant to avoid. …
>
>([🪞 link](https://archive.ph/vh28J))
The latest economic outlook from the National Institute of Economic and Social Research (NIESR) said the Northern Ireland economy outperformed the UK average, and is now recovered to pre-pandemic levels.
It said Northern Ireland’s trading conditions with the European Union (EU) are an economic advantage.
It said: “Northern Irish output, as measured by Gross Value Added (GVA) has slightly outperformed the UK average.
“This is partly an outcome of the Northern Irish Protocol and its special status in the Brexit arrangements, including better trade and investment conditions as part of the EU’s single market and customs union.”
But critics of the protocol said its economic impact has been muted as it is not yet being fully implemented due to “grace periods”.
Belfast Chamber chief executive and former DUP minister Simon Hamilton says his message is clear: “Get back to work”.
“Businesses were now hoping that they were going to move from coming out of the pandemic edging towards recovery, hoping for a period of stability. Now we’ve got the exact opposite, potentially, at Stormont,” he said.
“We understand that there are difficulties with the protocol, we know that from our own membership that some businesses have struggled to deal with it, others have adapted much better.
“But no one is saying to us that they don’t want to have an executive.
“What they should do is get back around the executive table.”
Mr Hamilton said recent history had shown that not having a functioning executive for a protracted period is “not good for Northern Ireland, it’s not good for our economy and it’s not good for society generally”.
[…]
‘Hugely frustrating’
In a recent survey of members of the Londonderry Chamber, 92% of north-west businesses said the lack of a functioning executive post-election would harm their business.
President Aidan O’Kane said: “We don’t see it as being a choice between an executive or the protocol. We’re asking for the executive to reform and start to support businesses.
“We would ask that the UK government and the EU start to work together to iron out the problems with the protocol – that shouldn’t stop the formation of a government locally.”
He said it was “hugely frustrating” for businesses and “society as well”.
The Federation of Small Businesses in Northern Ireland (FSBNI) has also raised concerns about the impact of not having an executive on the economic landscape.
Head of FSBNI Roger Pollen said: “With so much at stake, our priority is to see the formation of a stable executive which can take decisions that will provide stability for small businesses at a time of rising costs and deep uncertainty.
“It is only through effective collaboration that we will begin to see progress on many outstanding economic policies that will help protect jobs and boost prosperity right across Northern Ireland.”
[removed]
Which is what the Tories and their right wing media want, all so they can use it as distraction from everything else and keep pushing the Brexit lies of EU = Evil and more headlines of “EU at WAR with the UK”
Sorry to sound like an idiot but what’s does this all mean?
Like my mum says “the EU should grow up”.
Dont Understand Politics.
Please, push that button.
gets popcorn ready..
*Popcorn is delayed, something tells me the EU might win this one.
9 comments
>The European Union would likely move quickly to launch infringement procedures against the UK and suspend their trade agreement if Boris Johnson’s government puts forward legislation to revoke its commitments over trade with Northern Ireland, a person familiar with the matter said.
>
>As well as freezing the privileged access that UK companies have to the EU single market, the bloc would also halt talks over the status of Gibraltar, the person said, asking not to be identified commenting on private discussions.
>
>The European Commission, the EU’s executive arm in Brussels, would be responsible for recommending a course of action while the final decision on the details and timing of any measures would need the backing of member states.
>
>The threat illustrates what’s at stake after UK Foreign Secretary Liz Truss on Tuesday night said the EU’s latest proposals on trading arrangements won’t work, signaling she’s prepared to take unilateral steps unless a new agreement can be negotiated. A suspension of the trade deal would effectively mean a return of the “no-deal Brexit” the accord was meant to avoid. …
>
>([🪞 link](https://archive.ph/vh28J))
[Business leaders urge politicians to form executive](https://www.bbc.co.uk/news/uk-northern-ireland-61385412)
Economic advantage
The latest economic outlook from the National Institute of Economic and Social Research (NIESR) said the Northern Ireland economy outperformed the UK average, and is now recovered to pre-pandemic levels.
It said Northern Ireland’s trading conditions with the European Union (EU) are an economic advantage.
It said: “Northern Irish output, as measured by Gross Value Added (GVA) has slightly outperformed the UK average.
“This is partly an outcome of the Northern Irish Protocol and its special status in the Brexit arrangements, including better trade and investment conditions as part of the EU’s single market and customs union.”
But critics of the protocol said its economic impact has been muted as it is not yet being fully implemented due to “grace periods”.
Belfast Chamber chief executive and former DUP minister Simon Hamilton says his message is clear: “Get back to work”.
“Businesses were now hoping that they were going to move from coming out of the pandemic edging towards recovery, hoping for a period of stability. Now we’ve got the exact opposite, potentially, at Stormont,” he said.
“We understand that there are difficulties with the protocol, we know that from our own membership that some businesses have struggled to deal with it, others have adapted much better.
“But no one is saying to us that they don’t want to have an executive.
“What they should do is get back around the executive table.”
Mr Hamilton said recent history had shown that not having a functioning executive for a protracted period is “not good for Northern Ireland, it’s not good for our economy and it’s not good for society generally”.
[…]
‘Hugely frustrating’
In a recent survey of members of the Londonderry Chamber, 92% of north-west businesses said the lack of a functioning executive post-election would harm their business.
President Aidan O’Kane said: “We don’t see it as being a choice between an executive or the protocol. We’re asking for the executive to reform and start to support businesses.
“We would ask that the UK government and the EU start to work together to iron out the problems with the protocol – that shouldn’t stop the formation of a government locally.”
He said it was “hugely frustrating” for businesses and “society as well”.
The Federation of Small Businesses in Northern Ireland (FSBNI) has also raised concerns about the impact of not having an executive on the economic landscape.
Head of FSBNI Roger Pollen said: “With so much at stake, our priority is to see the formation of a stable executive which can take decisions that will provide stability for small businesses at a time of rising costs and deep uncertainty.
“It is only through effective collaboration that we will begin to see progress on many outstanding economic policies that will help protect jobs and boost prosperity right across Northern Ireland.”
[removed]
Which is what the Tories and their right wing media want, all so they can use it as distraction from everything else and keep pushing the Brexit lies of EU = Evil and more headlines of “EU at WAR with the UK”
Sorry to sound like an idiot but what’s does this all mean?
Like my mum says “the EU should grow up”.
Dont Understand Politics.
Please, push that button.
gets popcorn ready..
*Popcorn is delayed, something tells me the EU might win this one.