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UK GDP - what's going on?

including Budgets
ursaminortaur
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Re: UK GDP - what's going on?

#356343

Postby ursaminortaur » November 13th, 2020, 9:01 pm

Nimrod103 wrote:
tikunetih wrote:
dealtn wrote:Then we hit the potential Brexit wobble in January where it is still too early to accurately predict what will happen given the terms of transition are still unknown and negotiations continue).


Technical point of order: we left the EU on 31st Jan this year, and we are currently in the transition period, during which the UK remains subject to EU law and we continue to participate in the EU's single market and customs union.

But, that transition period ends in ~50 days time because the UK Govt declined to seek, by the 30 June deadline that applied for such an action, the 12-24 month optional transition period extension which the Withdrawal Agreement had made provision for.


How much transition do we need? It's been 4 1/2 years already.


Since things like the necessary IT systems, needed whether there is a bare-bones deal or not, are either not completed or not fully tested it looks like we could certainly do with a little more time.

tikunetih
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Re: UK GDP - what's going on?

#356345

Postby tikunetih » November 13th, 2020, 9:13 pm

New HMRC CDS system - having already been reduced in scope/functionality - entering Beta testing on 23rd Dec. Interesting!
In reality, likely to be Alpha-level in completeness/stability, but rushed out into Beta for optics.

On the plus side, Northern Ireland looks "all set"!
'No realistic chance' CDS will work for Northern Ireland shipments by 1 January
https://theloadstar.com/no-realistic-ch ... 1-january/


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