politicalbetting.com » Blog Archive » The chances of the UK leaving the EU on March 29th are surely
politicalbetting.com » Blog Archive » The chances of the UK leaving the EU on March 29th are surely greater than 54%
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Edit/ fifth already...
Mr. Glenn, I'm enormously surprised by that ruling but it's got to put rocket-boosters under Remain MPs of various parties.
Edited extra bit: ah, does require full ruling though to become binding. But still helpful for Remainers in the Commons.
It was difficult for a short while, as things adjusted to the new normal, but the U.K. is full of resourceful people who soon worked out how to benefit from the changed arrangements.
Brexit has the potential to be the same, if only the politicians on all sides could see the opportunity staring them in the face and get behind leaving the EU. 90% of worldwide economic growth in the next decade is forecast to come from outside the EU.
*runs away*
Schengen (Shengen?) and eurozone opt-outs are in treaties and would remain, ahem, if we were to stay in, but not if we were to rejoin.
Back to to status quo ante Article 50.
I think this overstates the case a bit - they say they recommend 6 months, but they stress that it's not a legal requirement.
That said, I agree that it's getting too late for a referendum without an Article 50 extension. I think you can actually turn this on its head and say that it's an argument why TMay may have to agree to a referendum, even if she doesn't want to. If she wants to hang on to her job (seems in character), and she can't get her deal through parliament (it's looking a bit tricky) and the government hasn't done enough to prepare for No Deal (is hasn't) then she'll need the EU's permission to kick the can. And they'll only agree to that if there's something that might actually move things in a different direction: A general election (aargh) or a referendum.
Edit to add: ^ Post overtaken by events, apparently...
Brexit is dead. Remainers won't give up when they are so close and leavers won't unite behind anything to ensure it happens. As long as enough unite to stop no deal , brexit is now over and out.
Which means it's highly likely we're staying.
Perhaps “revoke, royal commission to work out how we do it better the second time, reinvoke”
Then have a second referendum: May or Boris's Deal.
Sorted.
If there's pressure to leave the EU again in the future, then we need to know exactly how we're doing it in the future. Not a leap into the dark.
I just hope there's a right-leaning sensible political party i can vote for after this, not a bunch of loons and fruitcases taking over the Tories
Look at last night’s ComRes, the voters are prepared to an economic hit for Brexit.
Plus UKIP, now that they have confirmed they are the BNP/EDL in blazers will riot.
Most MPs will worry about suffering the same fate as Jo Cox if they revoke Brexit.
https://twitter.com/davidallengreen/status/1069871927915933696
https://www.telegraph.co.uk/politics/2018/12/03/sorry-brexiteers-parliament-doesnt-want-no-deal-mps-will-kill/
*Innocent Face*
Remain or deal. I don't see the dup changing their minds and this ruling means no labour remainer rebels will, but maybe it'll sway a few previously against. Not enough though.
https://twitter.com/zackpolanski/status/1069641592909250561?s=21
Coughs *364 economists*
https://twitter.com/xtophercook/status/1069870056052535297?s=21
https://twitter.com/xtophercook/status/1069873061128744961?s=21
If you don't want parliament to ignore the big vote there is a deal to leave on the table, get on to your old Etonian pals to take it.
Time to for MPs to step up to the plate and stop this madness in its tracks.
"backstop, backstop, Ireland, i hate customs unions, my unicorn is shiny etc etc etc"
Nah, too implausible.
Goodbye brexit, you're done. I hope the ERG truly believe inadequate brexit was not worth it otherwise they will soon be crying about this.
The EU is inward-looking, protectionist (especially in agriculture), and spends years or even decades negotiating trade deals that go into excruciating detail on design of widgets - yet almost completely ignore financial services, intellectual property and developing technologies.
It’s a big wide world out there, and it’s growing massively compared to what’s going on in Europe, where the last recession is still being recovered from and many places still have huge unemployment.
(Looks out of window 3,500 miles away and counts 72 cranes in less than perfect visibility - on a good day it’s probably over a hundred)
The opportunity is massive and we have one chance to take it. Yes there will be some adjustment needed, and probably some temporary government intervention required in certain areas, but IMO the chance of success is too big to turn down.
A successful U.K. outside the EU terrifies the EU more than almost anything else, hence the way the negotiations have been played. Sadly our political leaders and their risk-averse civil servants have been taken along for the ride.
We'll have to wait and see whether it is followed by the CJEU.
I think not buy just checking
https://www.ft.com/content/6ab20026-f71c-11e8-8b7c-6fa24bd5409c
I've honestly tried to put my best unbiased probabilities on this. The result is:
May's deal goes through 47% (made up of 20% passed first time, 16% passed second time after a tweak with the EU, 15% as a result of a second referendum - probability 36% of this happening).
Norway+ deal 15% (as a result of parliament successfully getting an A50 extension and going for this option rather than a second referendum)
No Brexit 22% (as a result of defeat of May's deal at first or second attempt 64% X UK asks for A50 extension 80% X Parliament agrees 2nd referendum 70% X No Brexit wins 60%)
No Deal 16% (made up of 13% Parliament opts for a managed no deal plus 3% as a result of a second referendum)
The probability of May's deal going through at first or second attempt in time for 29 March is 36%. If it doesn't go through, there is a 13% chance of a no deal - probably with a small extension for mini agreement to lesson the blow and a 51% chance of an agreed extension to A50.
So I think the chances of the UK leaving the EU on 29th March are surely less than 54%. I certainly wouldn't bet on it.
Back my deal or the House will vote to revoke A50.
And it does make a second referendum actually doable within the timeframe (though not overwhelmingly likely).
Initially it wasn't even there! It only got added in after they realised how week May was and they could get away with it.
Should we revoke Article 50?
Yes
No
http://trade.ec.europa.eu/doclib/docs/2018/august/tradoc_157228.pdf#page=361
Also not seeing the excruciating widget design details in there, maybe they're included by a reference to some other agreement or something???
So the deal still isn't happening.
He prefers a Corbyn government if Mrs May doesn’t deliver the precise Brexit Lilico wants.
But I don't see why they'd want to, as long as the "no fucking around" clause is in there to stop people revoking Article 50 when they intend to remain. It's not like the rest of the EU is massively jealous of the UK for the chance to take part in excruciating, all-consuming negotiations while the EU agencies relocate and the rest of the EU makes its decisions without them.
Be interesting to see if weight of money causes a bigger shift.
Right now, you can get 4 and 4.5 on a second referendum Remain or Leave vote, respectively, but if the referendum's more complicated than that it could throw up potential problems.
If you really want Brexit in name only try permanent Single Market and Customs Union which may be what we end up with if the Deal is voted down or under PM Corbyn