A number of UK companies are to be given a pre-Brexit leaving present by the EU – a substantial fine. According to this piece in Bloomberg, the European Commission intends to complete its investigation into a controversial tax break for U.K.-based multinationals will be ready later this year. None of the companies involved in the U.K. probe is accused of wrongdoing. It is the government’s tax system is the issue for regulators in Brussels.
With the second anniversary of the Brexit vote looming, here is a timely reminder of why we voted to leave – to take back control from these unelected bureaucrats.
Another reminder was provided by Michel Barnier, the EU’s chief negotiator. He warned that we would be ejected from Europol and from the European Arrest Warrant (EAW). Although meant as a threat, if his words are to be taken at face value. they ought to be a cause of rejoicing for Brexit campaigners. On this website, we have repeatedly highlighted the failings of the EAW and have stated that Brexit must mean our withdrawal from it.
Unfortunately, things are not that simple. Barnier’s words are most likely designed to pile additional pressure on Theresa May, who is desperate to keep us in the EAW. Still, who knows, more by accident than design, thanks to the government’s lack of progress, we could end up with a better Brexit at least in the area of criminal justice than the Government actually intends?