Actually why would the EU do anything to ameliorate the UK decision? - the UK is now a 3rd country, obviously a large trading partner but one which on the UK side is looking elsewhere for its trade (a forlorn hope in my opinion) and whilst the UK is a large market for a few of the 27 the switch to an more internal EU market will develop quite quickly as the numerous bureaucratic impediments bite. Markets formerly occupied by large UK exports especially meat should be fairly quickly fill by internal EU trade - the UK backed down re fish so self-generated EU fish will be little affected but for the specialised fresh seafood sector here the trade can be switched on or off at short notice by whim of the EU and to me seems a market which cannot survive under present conditions.
My feeling is that Covid can continue to be the scapegoat for problems but within a few months serious questions need to be asked re the viability of certain, up to now, important export markets.
The much more interesting scenarios arise when the EU decides to move more of the current UK + London based financial trade 'on shore' as it were - the UK offshore finance centres, set up to exploit certain markets, are going to be in a dodgy situation without the UK in a position to have a say in the arrangements - I would be surprised if the online gambling industry for example will be allowed to remain beyond the control of the EU.
My feeling is that Covid can continue to be the scapegoat for problems but within a few months serious questions need to be asked re the viability of certain, up to now, important export markets.
The much more interesting scenarios arise when the EU decides to move more of the current UK + London based financial trade 'on shore' as it were - the UK offshore finance centres, set up to exploit certain markets, are going to be in a dodgy situation without the UK in a position to have a say in the arrangements - I would be surprised if the online gambling industry for example will be allowed to remain beyond the control of the EU.
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