What is far from clear is what Corbyn really thinks and wants other than some form of “socialism in one country” outside the current EU or inside a “reformed” EU.
One silver lining from the Brexit debacle is that the Tories have been exposed as deeply divided and hopelessly incompetent. If Labour can successfully exploit these divisions, there is a very real opportunity to put the Tories out of power for a generation.
‘The status quo that brought us to Brexit will not get us out of it. While that time has gone, it is clear a new way of talking about the future was sorely needed anyway, even more so two years on. Meanwhile we are presented with an opportunity: in the breaking down of established common sense comes an opportunity to recreate and redefine.’
‘There is a saying among global trade negotiators that the world is divided between cannibals and lunch. The UK may be finding painfully that leaving the protection of the cannibals has condemned it to become lunch. It was certainly Stephen (Haseler)’s view that the English superstate was just as incapable of responding to new challenges internationally as it was domestically.’
[Goodwin] told Alistair Darling that conditions were very bad and that RBS had been considering whether to stop lending to customers. Darling asked Goodwin what would resolve the situation and Goodwin said ‘long-term funding’. How ‘Fred the Shred’ continued to ignore the warning signals, nevertheless.
‘…the devolution settlement is in flux and it will remain to be seen whether Westminster will firmly establish itself in the driving seat or whether Scotland and the other devolved nations will gain true additional powers….’
To mark the tenth anniversary of the financial crisis, Sceptical Scot’s new series focuses on home-made follies; the extraordinary mistakes made by two once revered and typically prudent Scottish institutions: the Bank of Scotland and the Royal Bank of Scotland.
‘… were legislation introduced the day parliament returned from the party conference recess, on 9 October, the earliest Thursday on which a referendum could be held would be 28 March – the very day before exit day. Of course, the introduction of legislation so soon is very unlikely, and there is plenty of scope for delays along the way…’
The current domestic debate in the UK thus represents the beginning of the Brexit process, not the end, and it would benefit from a greater understanding of what drives the EU in this process.
‘This week’s court (Supreme Court) case may prove not to be the end — or even the beginning of the end — of the constitutional crisis. Perhaps we will find that it was merely the end of the beginning.’