Although a brexsh!tter won't even be bothered to read a synopsis, obviously.
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"...If you strip away the detail."...blather, blather....spin....jingoistic claptrap....misdirection...rabbit in the headlights.If you strip away the detail there's absolutely nothing in the agreement, except you've agreed to the terms of the EU for a withdrawal agreement, and you are suggesting that we light the touchpaper on our economy, in the same way that we lit the touchpaper on our negotiation by triggering article 50 when we had absolutely no f*cking clue what we were doing.
The thorniest issue in the customs union backstop proposal is how violently lopsided it is. For a start, Britain has lost all say over how the customs union operates, or the regulations which are embedded in it. And things only get worse from there.
We will now be stuck in a trade coma. When the EU signs a trade deal with another country, we will have to open up our market to their goods under whatever tariff arrangement they've come up with. But we won't get reciprocal access to their market unless we negotiate it ourselves - because the deal is only for EU members. And we'll have very little chance of doing that, because they'll already have what they want, which is full access to us. It's horrible.
The customs union backstop will also have plenty of other damaging effects. It doesn't come anywhere near replicating the economic arrangements the UK currently has. Services will take a massive hit, because it offers no provision for them. Agricultural products - especially animal based ones - will have have lots of extra bureaucratic requirements when they're exported. UK companies will no longer be able to self-certify products for the EU market.
I believe we are well within FFP. Selling Brereton for 6M will help that too. The leadership are, I believe, on top of this stuff. Having said that I fully expect them to sell Worrall too to keep this going.It's possible to be well within ffp, and still have substantially increased costs. Particularly with a write off from a purchase. The interesting question is not whether we are currently within ffp, but when do the increased costs and accounting offsets catch up with us. If we are promoted, then the wave of riches solves all problems (see Leicester). If we are not, what does that mean for us in the coming couple of seasons? Our expenditure significantly exceeds our income. The mr macawber principle suggests that ultimately has a consequence. At least in the current regulatory environment.