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Derek Flint

BREXITWATCH

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22 minutes ago, parchedpeas said:

I've never understood why Manx sentiment always sides with the English over all of the other four nations that surround us. They may be the most affluent nation, but they have the worst instincts. And Brexit is an extension of that.

100% agree. The Daily Mail is a real treat this morning. Full of pictures of drunken cretins in plastic Union Jack hats linking arms and singing and telling the EU to fuck off right on the stroke of 11. It’s like last night of the proms - all it needed was a bit of Land of a Hope and Glory belting out of the PA system! Totally embarrassing national hubris and jingoism. 

Edited by thesultanofsheight
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12 minutes ago, parchedpeas said:

Brexit will be a disaster for the Isle of Man because it will be a disaster for the UK...

What is it that you know then? Something others don't? It's a transition period ahead and all cards are on the table. What makes it surely a "disaster?"

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20 minutes ago, parchedpeas said:

Brexit will be a disaster for the Isle of Man because it will be a disaster for the UK and the only route they will have to pursue to try and keep the money coming in will be Singapore-on-Sea.

The frankly bizarre support for it from some on the Island - rooted in the same sad nationalism that we've seen in the UK (where many 'remain' supporters have been told the equivalent of if they don't like it there's a P and O Ferry in the morning) - really does beggar belief.

I've never understood why Manx sentiment always sides with the English over all of the other four nations that surround us. They may be the most affluent nation, but they have the worst instincts. And Brexit is an extension of that.

Why?  Because the island is a Crown Dependenciy that's why. 

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5 minutes ago, quilp said:

What is it that you know then? Something others don't? It's a transition period ahead and all cards are on the table. What makes it surely a "disaster?"

I believe that as far as the island is concerned it certainly is going to prove to be.

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7 minutes ago, thesultanofsheight said:

100% agree. The Daily Mail is a real treat this morning. Full of pictures of drunken cretins in plastic Union Jack hats linking arms and singing and telling the EU to fuck off on the stroke of 11. It’s like last night of the proms all we needed was a bit of Land of a Hope and Glory belting out of the PA system. Totally embarrassing hubris and jingoism. 

A latter day version of VE day and night.

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4 hours ago, Derek Flint said:

Well, the time has come. The transition has started. And as qualified on the news last night, still nobody knows what this is going to look like for the UK, let alone the Isle of Man. 

It seems a sensible time to start a hopefully sensible and measured thread for commentary on how the transition is affecting the Island. This may be for good or worse, we don’t know. So as things develop, let’s identify and analyze them.

A fall in UK GDP of 5% in Brexit year one is being anticipated, & all government departments there are being pressed to make spending savings of 5%

Difficult to see at this point what effect this would have on the IOM

Edited by Donald Trumps

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2 hours ago, quilp said:

Baron Boot hobnails it. Unfaltering in the face of the almost Paxmanesque grilling from renowned local journalist, John Moss. Twice a week his department are in contact with DEFRA, ensuring this nation's interests are best served. What more could we ask for? 

At least there is an admission here:

”we are influencers, not leaders”.

I believe this is a crucial element of how we navigate.  There is a real likelihood of a fractured union; I think it will be found to be impossible to administer a soft border on the island of Ireland. There is already soft momentum looking at unification. Scotland is still lobbying very hard for independence and re-entry into the EU. 

At some point, the question of where we sit in all this is going to have to be examined. The irrelevance of being a micro-nation is starting to heave into view. And if we have little, if any influence, then looking for a third way might well be advisable, however unpalatable it might be on first blush.

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3 minutes ago, Donald Trumps said:

A fall in UK GDP of 5% in Brexit year one is being anticipated, & all government departments there are being pressed to make spending savings of 5%

Difficult to see at this point what effect this would have on the IOM

We perhaps could learn about how departmental savings are made ? that would most certainly be a benefit !

 

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Unfortunately the third way option of joining the EU is not available to us at this time

We should have the right to elect a CM to lead
 

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4 minutes ago, asitis said:

We perhaps could learn about how departmental savings are made ? that would most certainly be a benefit !

 

It's a largely cosmetic exercise by Johnson to show they are anticipating a fall in GDP and are cutting the cloth to fit

Lord knows how the Gammon Brexiters will howl if defence cuts of 5% are made

Edited by Donald Trumps

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I don't see it massively affecting most of us at a personal financial level as, worst case scenario, we can move business elsewhere.

Plus - lots of work for accountants and lawyers.

Probably those most likely to be affected negatively will be those who have supported it or been neutral.

Edited by pongo

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4 hours ago, thesultanofsheight said:

I’ve never felt Brexit will have a positive outcome for the IOM and I still don’t. We now potentially have a country that will be pursuing a low corporate tax agenda, that already has light touch regulation, and which is very forward focused sat right on our doorstep. It’s hard to see why any business would come to the IOM with these sort of options likely now available out of the UK. In fact we’re already seeing larger operators here look to re-domicile back to the UK now the Brexit pathway seems clear. We’re also seeing a big focus by Boris to placate the northern cities that turned their back on labour which helped him get in. They’ll be pumping billions into those Northern Powerhouse cities which are again right on our doorstep offering a lower operating cost base, better business facilities, and better infrastructure than the IOM. Plus it’s still unclear how the customs union is going to work moving forward and a lot of corporate activity here relies on the our interaction with the customs agreement with the UK and onwards to the EU. Sadly unlike other crown dependencies we still collect more each year in VAT share than we do in direct taxes so this too could have a considerable impact to our finances. 

Suspect the pumping of billions into the Northern Powerhouse cities is something of a Johnson fiction, they're stripping funds away from Labour led northern local authorities as far as I can see

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3 hours ago, asitis said:

He's a count ! or some title ! won't affect him !!

Baron Bootykins

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2 hours ago, parchedpeas said:

Brexit will be a disaster for the Isle of Man because it will be a disaster for the UK and the only route they will have to pursue to try and keep the money coming in will be Singapore-on-Sea.

The frankly bizarre support for it from some on the Island - rooted in the same sad nationalism that we've seen in the UK (where many 'remain' supporters have been told the equivalent of if they don't like it there's a P and O Ferry in the morning) - really does beggar belief.

I've never understood why Manx sentiment always sides with the English over all of the other four nations that surround us. They may be the most affluent nation, but they have the worst instincts. And Brexit is an extension of that.

Do we side with the English particularly?

It is the power of the BBC & the other mainstream media which are the major influencers and their dominance I suppose is all pervading

Local media could be accused of taking little interest in the goings on in our immediate neighbours and reporting it to the public

 

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