The EU is now moving to attack the London clearing house trade in the hope to make Boris back down from continuing with the Internal Market Bill. Clearing house are the middle people between buyers and sellers during trade transactions. Both sides have been going at each other over this as Paris are looking to weaponised this area to use against London. The EU is now seeking clearing houses for Euros to be within the Eurozone, regulated by the European Central Bank. Yesterday Boris sent a warning shot to the EU as Boris Johnson’s Internal Market Bill passed its first hurdle winning by 77 votes / 340 votes to 263.
The likes of remainer Former Chancellor Sajid Javid said he wouldn’t be supporting the bill unless it was amended (softened to appease the EU). Another was Sir Rodger Gale Conservative MP for North Thanet, Kent, who said he voted against this bill as a “matter of principle” to maintain international law. His excuse on the BBC was: “I think that this is damaging our international reputation for honest and straight-dealing at a time when we are about to embark on a series of trade negotiations. “I took the view that you fight this tooth and nail at every step.” It’s unbelievable that 263 MPs in the U. K. Parliament are willing to vote down this bill that puts a safety ring around the United Kingdom.
Yesterday Boris exposed and expressed the real threats coming from the EU as they aim to carve up the United Kingdom with tariff barriers mounting up to 90% on certain products. With this genuine threat on our horizon, it’s clear to see some of the Pro EU supporters in Parliament are willing to do all that is necessary to support the EU’s aim under the guise of Principle to uphold international law. The question to ask is, Why?