International Bus - UK

Stakeholders. Theresa May and her Conservative Party must hate them. Probably not all of them, just the other political parties derailing her Brexit plans. The Democratic Unionist Party of Northern Ireland (DUP) and the Scottish National Party (SNP) being the main perpetrators. The UK and EU failed to strike Brexit agreements due to the DUP’s refusal to agree to terms that would separate Northern Ireland from the rest of the UK . This is due to the DUP’s coalition with the Conservative Party to obtain majority parliamentary seats. However, this has proven the cost of power to be assured weakness. What does this mean for the UK? Well, any progression in Brexit talks will likely be hampered by national parties looking to gain political capital whilst the central government loses ground and its own political capital. This shows Brexit to be a charade of politics whilst live and futures hang in the balance.

It is all doom and gloom. Today, we found out that the Impact assessments of Brexit on the UK 'don't exist’ according to Brexit Secretary David Davis. News like this creates absolute uncertainty for everyone; it creates particular uncertainty for businesses looking to invest in the UK. This is because with everyday that goes by it becomes more apparent that the British government are at wits end with Brexit; and understandably so. Brexit itself is unchartered territory. It is also increasingly apparent that the EU are highly unlikely to afford Britain a completely comfortable exit, therefore ensuring some sort of hit on the British economy. The extent of the hit is what will worry many businesses looking to trade within the UK as well as the EU. With the BREXIT SECRETARY himself so far failing to complete an impact assessment, this should bolster further negative speculation and worry all stakeholders.

Ahh Brexit. Its seems as though every new day brings along a new issue with no promise of any benefits and no light at the end of the tunnel. Today arose the issue of regulations and regulatory alignment . EU nations are required to comply with EU regulations in order to ensure the quality of products being traded freely within the bloc. Britain leaving the bloc raises the questions of whether or not to keep the same regulations. The creation of new regulatory standards is thought to be a long and tedious process and is further complicated by Northern Ireland and The Republic of Ireland’s border disagreement. A difference in regulations between the two nations means more regulatory barriers between Ireland and the rest of the UK.

On the 5th of November 2017 the second largest data leak in history occurred. Confidential documents containing details of offshore investments were made public and included some prominent names such as Prince Charles and Queen Elizabeth amongst others.   The premise of the Paradise Papers is an exposé “on how wealthy individuals and companies use offshore accounts to make their fortunes untraceable and unreachable.” The leak was always going to have political implications across the globe but the involvement of British corporations, individuals as well as monarchy will likely bear particular significance on the future of British politics. Why? Because inequality has been one of the major political talking points in the UK for the past few years. The issue of inequality appears to be on the heart and minds of britons and is generally seen as one of the major driving forces behind the majority leave vote during the EU referendum. In June 2017, the issue of inequalit...

As BREXIT are still in the talks, and processing we now see why Ireland is being part if it’s problem. It looks like the border is currently invisible, with no boarder control and traffic can run smoothly and no military check point. What’s the problem here, that BREXIT would leave Northern Ireland outside of the EU, which mean any goods going in would need to be inspected and it’ll require a tariff. But the EU thinks Northern Ireland should remain inside the internal market.     Read more Here-> http://money.cnn.com/2017/12/01/news/economy/irish-border-brexit/index.html     Work Cited Riley, Charles. “Irish Border: The 'Oxymoron' That Could Derail Brexit.” CNNMoney , Cable News Network, money.cnn.com/2017/12/01/news/economy/irish-border-brexit/index.html.