Reply to post: Re: a pointless exercise

Brexit has shafted the UK's space sector, lord warns science minister

codejunky Silver badge

Re: a pointless exercise

@ Alan Brown

"The EU has no interest or intent to impose actual penalties"

You may need to double check that. As I said there is little the EU can actually do to us which is why they are in a mad scramble to find anything to negotiate over. 70% of Euro clearing is done in London (a financial capital of the world) and the EU wants to impose rules to take that into the EU but want the Euro to be an international reserve currency. They want to punish UK banking trade into the EU (banks got around it) so badly they pissed off *the Swiss?* who were gonna give them bailout money for their failed currency area but put it on hold if the quid pro quo banking access was hit by the EU's poorly thought punishment rules. Now stopping us from paying and building for their projects.

As they do keep saying, the UK must be punished, the UK must not be allowed to be seen to succeed outside the EU. Of course that is because others will probably follow.

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