I note that our stabby friend from Russell Square with the 'mental health issues' has

[Brentwood]

The UK won't go that way since the UK hasn't been a protectionist economy since the repeal of the Corn Laws. We invented the idea of free trade and revel in it. Our whole Brexit effort is predicated on having the freest possible trade with the world at large.

Damn bad luck having to eat Norwegian cheese, btw. That brown stuff is particularly nasty.

I can't stand it, but Jarlsberg isn't bad. I sometimes pop over the border to Sweden to buy the EU stuff as it's only just over an hour away

What happens if the EU decide to charge the UK a high tax to sell our stuff in the EU, and we retaliate with higher taxes for them to sell into us?

[Burney]

I can't stand it, but Jarlsberg isn't bad. I sometimes pop over the border to Sweden to buy the EU stuff as it's only just over an hour away

What happens if the EU decide to charge the UK a high tax to sell our stuff in the EU, and we retaliate with higher taxes for them to sell into us?

Why on earth would they do that? If we left the EU tomorrow, we'd overnight become its biggest export market. Do you really think they're prepared to cut their noses off to spite their faces to that extent? Do you think a German government will be able to justify layoffs from its car companies on the basis that they were necessary to 'punish' Britain for leaving the EU? Not going to happen.

[Brentwood]

Why on earth would they do that? If we left the EU tomorrow, we'd overnight become its biggest export market. Do you really think they're prepared to cut their noses off to spite their faces to that extent? Do you think a German government will be able to justify layoffs from its car companies on the basis that they were necessary to 'punish' Britain for leaving the EU? Not going to happen.

All 27 countries have to agree on the terms of our new arrangement, I believe? I assume every country will want to punish us in some way, so that no other country amongst the 27 is tempted to do the same and destroy the whole thing for them. It would be pretty ridiculous if we walk away with better trading terms and don't have to accept the 'bad' bits we're walking away from. I assume that there'll be countries among the 27 who see opportunities to snatch industries from us who'll throw spanners in the works somewhere along the line. Banks are already carrying out due diligence exercises about moving to Paris or Frankfurt, running marketing campaigns to try to be the destination of choice for those in the financial industry

Assume that in the worst case scenario, most car manufacturers leave the UK and we can only buy from foreign manufacturers or niche UK ones that have remained here. We'll have to buy more expensive imported cars (or be left with a limited selection of UK produced ones) and the EU countries won't care about not being able to buy our cars.

[Sir C]

All 27 countries have to agree on the terms of our new arrangement, I believe? I assume every country will want to punish us in some way, so that no other country amongst the 27 is tempted to do the same and destroy the whole thing for them. It would be pretty ridiculous if we walk away with better trading terms and don't have to accept the 'bad' bits we're walking away from. I assume that there'll be countries among the 27 who see opportunities to snatch industries from us who'll throw spanners in the works somewhere along the line. Banks are already carrying out due diligence exercises about moving to Paris or Frankfurt, running marketing campaigns to try to be the destination of choice for those in the financial industry

Assume that in the worst case scenario, most car manufacturers leave the UK and we can only buy from foreign manufacturers or niche UK ones that have remained here. We'll have to buy more expensive imported cars (or be left with a limited selection of UK produced ones) and the EU countries won't care about not being able to buy our cars.

Both Nissan and Toyota have committed to staying.

[Burney]

All 27 countries have to agree on the terms of our new arrangement, I believe? I assume every country will want to punish us in some way, so that no other country amongst the 27 is tempted to do the same and destroy the whole thing for them. It would be pretty ridiculous if we walk away with better trading terms and don't have to accept the 'bad' bits we're walking away from. I assume that there'll be countries among the 27 who see opportunities to snatch industries from us who'll throw spanners in the works somewhere along the line. Banks are already carrying out due diligence exercises about moving to Paris or Frankfurt, running marketing campaigns to try to be the destination of choice for those in the financial industry

Assume that in the worst case scenario, most car manufacturers leave the UK and we can only buy from foreign manufacturers or niche UK ones that have remained here. We'll have to buy more expensive imported cars (or be left with a limited selection of UK produced ones) and the EU countries won't care about not being able to buy our cars.

What you're suggesting then, is that the EU might behave appallingly and against the interests of its own populations in the pursuit of propping up an organisation that has to frighten people into staying?
And that's an organisation of which you wanted to remain a part?

Also, there is literally zero evidence that any of this is going to happen. What will happen is that there will be lots of posturing, there will be some token bits of give and take and everyone will do the deal that suits them.
Also, as pretty much anyone will tell you, the idea that Paris or Frankfurt could replace the City is laughable.