UK will retain access to the EU single market, says Brexit leader Johnson

Boris winging it as usual.

Boris Johnson combs his hair lot like Trump. Coincidence? Not likely.

The only way the UK can retain access to the EU single market is by also accepting continuation of the EU freedom of labour movement rules. So in other words, the very best that can be hoped for is the Norway-Switzerland model, whereby the country remains subject to all rules and obligations of the EU, but with no vote and no influence. And that is the most optimistic scenario; it is likely that the EU will not allow a deal even as good as those of Norway and Switzerland, because they will want to punish Britain for leaving, and discourage other countries from following suit. So again, the VERY BEST that can be expected is worse than the existing/previous status as a full EU member. All because that fathead Boris wanted to be prime minister a year or two sooner. What a mess.

While no one can be sure of what the future holds, I find it hard to believe that the EU will open its arms to envelop the UK with love after it gave them the rhetorical slap across the face.

The liar Johnson cannot promise continued access to the single market: the EU will decide the terms, not Johnson or any other UK politician.

There is zero chance of banks in the City of London retaining their passporting rights to operate in the EU. They will be forced to move to Frankfurt, or elsewhere in the EU and there will be nothing that the windbag Johnson will be able to do about it.

I hope there is a general election soon and Johnson loses his seat. The majority of his constituents want to remain in the EU. UK In, Johnson Out.

It is in both EU and UK interests to have free trade and services agreements less the immigration & federal EU rules. This is workable and has already been a model for many nations and trading blocs around the world in past decades of globalization. EU was dogmatic yet too ambitious and had embraced a straightjacket for a too diverse 28-nations, and Merkel too stubborn on Middle East immigration ignoring European/UK citizens concern on immigrants/terrorism related religious/culture differences roots.

EU reaction will show whether it is both petty to their UK Anglo-Saxon brethren and overly generous to Middle East migrants, or taking an objective pragmatic balanced approach of live and let live with their UK neighbors.

@mr_jgb: It is in both EU and UK interests to have free trade and services agreements less the immigration & federal EU rules.

Yeah, exactly. But surprise, surprise! Immigration is not likely to stop even after the Brexit is finalized.

Your comment reminds me of a child saying I want to play with you but on my own terms. While I agree that the EU immigration policy has gone overboard, you cannot call the union a petty child if it wants Britain out as soon as possible. Despite what many leave voters have been led to believe, in addition to being a contributor, Britain is also benefiting from being a member.

It is in both EU and UK interests to have free trade and services agreements less the immigration & federal EU rules

This is how it used to be when it first started, but slowly the bureaucrats came in and started changing thins all in the name of "free trade."

There is zero chance of banks in the City of London retaining their passporting rights to operate in the EU.

London banks were doing well before the UK joined the EU. All that means is that now when they go to the airports, they have to follow the same procedures as someone from the USA going there. I doubt the banks will move, since like it or not, of all the EU countries, England is probably the most stable.

One of the reasons why people voted to get out of the EU was due to the needles regulations that a non-elected group in Brussels tries to dictate the everyday life of regular Britons. Case in point, the tea pot.

The EU is now going to take a look at limiting the size and power of toasters and kettles after the Brexit vote. The European Commission plans to unveil long-delayed ‘ecodesign’ restrictions on small household appliances in the autumn. They are expected to ban the most energy-inefficient devices from sale in order to cut carbon emissions.

The plans have been ready for many months, but were shelved for fear of undermining Brexit vote if they were perceived as an assault on the British staples of tea and toast.

Jyrki Katainen, the Commission’s vice president for growth, said they should push ahead with the plans for standardized energy usage limits as they could contribute significantly to emissions targets (where is the real science data to back that up). But he “admitted that ecodesign standards were sometimes ridiculed in the media in terms of the political and geostrategic issues the union was faced with", according to official minutes of the meeting.

Much like those "low flow" toilets that do more harm than good, they (EU) realized that they had to wait to do this since the Brits would see this as an affront to them. Even though the UK is only about 11% of the population of the EU, they account for 1/3 of all kettle sales, probably due to their love of tea.

What's the connection, well for some enterprising person out there, I would start making sure that I began producing English made teapots (short and stout) and start marketing them and selling them. It comes down to all politics being local, it's those little local businesses that have been replaced by the big chain stores that gets their good cheaply made outside of your country in China and then flooded on the local market. Small local business make money, and yes not large like the big stores they make money that makes the economy go. I'd rather see a small business make sales and hire people to stimulate an economy, than having a bunch of refugees come into your country, and get government handouts as a way to stimulate an economy by their spending.

Well, one way or another a critical part of the Leave campaign will have to abandoned to keep EU access, not sure how the Leave voters will accept that

It's not for him to decide - not least because he has no role in negotiations at this point, and desperately needs to see a hair stylist. It's up to Britain's representatives to negotiate the terms of access, and the EU members are in no mood at the moment to compromise. The British have managed to score an own goal while simultaneously shooting themselves in both feet.

@Alphaape

London banks were doing well before the UK joined the EU. All that means is that now when they go to the airports, they have to follow the same procedures as someone from the USA going there. I doubt the banks will move, since like it or not, of all the EU countries, England is probably the most stable.

Wow. ..er..

I don't know how to break this to you, but "passporting rights" has nothing to do with the airport.

It refers to the agreements that have allowed all of those foreign banks, insurance companies and investment houses in London to do business in the UK (and the EU and their respective home countries). Said rights also allow UK banks to do the same. It refers to the free movement of money and financial services across borders. Without those rights in place, London will no longer be a financial centre, and the UK will lose a very large portion of its GDP.

Didn't you read about any of this before the vote?

Alphaape: It's hard to see how limits on electric kettle power will save any energy. It will just take longer to boil the same amount of water; the energy used will be the same.

The loss of passporting means banks will no longer be able to trade in Euro-denominated products from the UK and will be forced to move to Frankfurt or Paris. Jobs in London will certainly be lost as there would be little point in setting up an operation there if all you can do is trade in pounds.

Liars like Johnson who claim things will be otherwise will have some explaining to do when they come back from Brussels empty-handed. Johnson claimed he wanted to be out and out is what he will get.

I doubt the banks will move, since like it or not, of all the EU countries, England is probably the most stable.

Wasn't this stability - taxpayers bailing out bankers - a major bête noire for Brexiteers?

I don't know how to break this to you, but "passporting rights" has nothing to do with the airport.

Understand, but the bottom line is that if the UK wants to keep them, and more importantly if the EU wants them to be there, regulations will be passed to allow them to do so. It works like that in the USA, and we are not part of the EU. So saying that those banks will have to move, I just don't see it.

Alphaape: It's hard to see how limits on electric kettle power will save any energy. It will just take longer to boil the same amount of water; the energy used will be the same.

I agree, but somehow those who are pushing this in the EU don't see it. Similar think happened and still is going on in the US, in places like CA, where they local governments mandate the use of "low flow" toilets. End result, not that much water is being saved and they are more of a pain to those who have them for other reasons. Yet, unlike with the EU, the consumer has somewhat of a choice. A city may not sell them, but one can just drive to another area and pick one up. Unlike the EU, where what's supposedly good for Brussels is good for all.

Understand, but the bottom line is that if the UK wants to keep them, and more importantly if the EU wants them to be there, regulations will be passed to allow them to do so

Let's not lay any bets on the EU wanting them. Brexit has opened a major can of worms with the potential to divide many societies.

It works like that in the USA, and we are not part of the EU.

https://www.youtube.com/watch?v=Qw9oX-kZ_9k

Yet, unlike with the EU, the consumer has somewhat of a choice. A city may not sell them, but one can just drive to another area and pick one up

Haven't we heard an analogy regarding Chicago where the author totally ignores this rationale?

I don't know how to break this to you, but "passporting rights" has nothing to do with the airport.

In regards to special banking privileges, Switzerland is in the center of Europe, not a member of the EU, controls its borders and many of the rules of he EU don't apply to them and they have many "special rights" or agreements with the EU and other nations. So if they can do it, why can't the UK/