I had always supposed that the issue of the status of EU citizens in Britain (and conversely that of British citizens in Europe) was a no-brainer. But no, the EU high command has come up for air with an impossible proposal.
The EU is now insisting that all EU citizens in Britain must be guaranteed in perpetuity the same employment and social rights that they enjoy today. It means that we would have to operate two systems of law in the UK – one for indigenous inhabitants and another for more favoured new arrivals (Lithuanians, Romanians, Slovaks – all fine people, no doubt, but who have come here for their own personal advantage). The exit deal would include a provision for the European Court of Justice to continue to oversee legacy laws pertinent to EU citizens.
It reminds me of Mughal India where different laws – and of course taxes – were applied to Muslims, Christians and Hindus…It is toxic – an incitement to social unrest. There is simply no way that Mrs May could agree to that.
by Zak Mir| Trading| 1 mins. to read I do not normally follow up on "winning" calls, as one usually ends up acquiring the appearance of being a nasty hybrid between a used car salesman, an estate agent and a politician.
by Robert Stephens| Equities| 4 mins. to read Special dividends have long been overshadowed by share buybacks. The latter has proven popular with company management due in part to its positive effect on EPS.
by Zak Mir | Trading | 1 mins. to read There is an interesting shuffling of the fundamental pack as far as Angus Energy (LON:ANGS) is concerned, it has been announced today.
by Evil Knievil | Evil Diaries | 1 mins. to read Driving back from Oxford on Tuesday afternoon I passed a large roadside advertisement, put up by UKIP, calling for "less intergration".
by Nick Sudbury | Funds | 5 mins. to read Normally you would expect the best performing investment trusts in a particular segment of the market to trade on the tightest discounts or largest premiums, but there are other factors that can distort the situation.
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