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Opening gambits in EU / UK exit negotiations;


keithisco

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5 hours ago, spud the mackem said:

N.I. has 2 choices , stay with Britain or stay with the E.U. 

it would seem they have another choice too... have a referendum for a united Ireland. 

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22 hours ago, Aaron2016 said:

What if Sinn Fein become the lead party in Northern Ireland and call for a referendum on Irish unity and reintegration into the European Union?  If the UK leaves will the EU keep the door open just in case they want to rejoin?  If Northern Ireland goes, then Scotland would surely follow, and England and Wales might find their future unsustainable, so in order to keep the United Kingdom together it might be better to just call quits on the whole idea of Brexit.  Going through with it is certainly a big gamble.  I think many MPs are asking themselves "why take the risk?  If one of us were in parliament would we take that risk, especially if our constituency voted to remain.

 

 ...why wouldn't Sinn Fein call for a referendum? isn't that what Brexit was all about. taking back control. does it really make a difference if its leaving the EU or the UK as long as its the peoples will. 

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Can Britain afford to keep Northern Ireland?

 

 

Eufunding1.png

 

List of EU money sent to Northern Ireland.

 

EUfunding.png

 

Will the Bank of England have to foot the bill for many of these programmes, or will they just scrub everything out and start fresh?

 

 

Edited by Aaron2016
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Meh... 3 Billion Euro's every six years.. or 500,000 Euro's per year ? 

Small change. 

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7 minutes ago, RoofGardener said:

Meh... 3 Billion Euro's every six years.. or 500,000 Euro's per year ? 

Small change. 

How about the 2-3 billion of EU funding for scientific research? 

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On 2/7/2019 at 1:37 PM, RabidMongoose said:

When we leave the EU then we are in unknown territory when it comes to knowing how the external environment will change. It is simply too complex for any business to accurately predict. After we have left and things settle down then they can ascertain how they need to adjust. For now their scenario planning needs to buffer them against realistically possible levels of disruption.

I would say that customers are unlikely to hold a grudge against any delays because they realise its not the fault of the business. They will later on against those firms which are slow to adapt. At the end of the day organisations have had 2 years to prepare and get their affairs in order to handle any disruption while the dust settles. And I dont see it as being unreasonable to expect them to have disruption scenarios planned out.

Environments constantly change, businesses need to change with them. Some firms wont be able too because they lack the resources, some firms will need to reinvent themselves as it no longer become tenable to offer their existing products and services. Thats the nature of business and new organisations will replace those ones we lose which are suited to trading in the new environment.

Some will also refuse to change. The UK high-street is full of organisations which refuse to change - HMV, Debenhams, Game, M&S, are some. Some that already went bust because of it are BHS, Comet, and Woolworths. With them they either refused to move most of their business online or failed to adapt to changing consumer trends. With most of them its a leadership failure caused by having directors which think they are always right so they dont listen to other views. As a result flexibility and adaptability is non-existent in them.

Brexit will catch some out too. There will be naïve business owners who even right now have set their firms up in such a way that they assume we will remain in the EU. No scenario planning will have occurred. Firms need to plan for remain, Soft leave, Hard leave, and extension of Article 50, so they are covered whatever happens.

After things settle down we will do better than what we have been doing in the EU as policy will more closely match the needs of just our businesses not the ones across the whole of the EU. And the lifting of austerity will prevent any recessions and in my opinion will cause a boom.

Bear in mind that only about 8%-11% of UK companies actually export to the EU. 

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Just now, danydandan said:

How about the 2-3 billion of EU funding for scientific research? 

Over what time period ? If that figure is annual, then do bear in mind that 1 Billion Euro's of that 2-3 Billion is the UK's contribution to the EU research program. So we're only actually 1-2 Billion out of pocket. 

The total Government spend on research (excluding the European contribution) was about 12 Billion last year. In addition, the UK gets to CHOOSE what to spend that money on, whereas the EU funding is based on decisions made in Brussels, which may or may not benefit the UK. 

So I'm not unduly concerned at this stage. 

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6 hours ago, RoofGardener said:

Over what time period ? If that figure is annual, then do bear in mind that 1 Billion Euro's of that 2-3 Billion is the UK's contribution to the EU research program. So we're only actually 1-2 Billion out of pocket. 

The total Government spend on research (excluding the European contribution) was about 12 Billion last year. In addition, the UK gets to CHOOSE what to spend that money on, whereas the EU funding is based on decisions made in Brussels, which may or may not benefit the UK. 

So I'm not unduly concerned at this stage. 

This is the same country which builds £1Bn Warships.

our contributions to the EU £19.2BN Gross £12Bn Net. not counting the £7Bn tariffs/VAT collected by the UK on behalf of the EU. 

lets be honest the UK, this small, insignificant Island. who also just happens to be the EU's second largest Net contributor. can afford whatever we choose. this is the same country who gives away £13Bn in foreign aid.

EU contributions. £19.2Bn.

Tariff/VAT to EU £7Bn

Foreign Aid £13Bn.

Worst comes to worst. £40Bn. cash on the hip to spend here at home. in fact our EU contributions alone if taken over 15 years. apply tax multiplier, money spent, taxes raised on it. guess what £1.2Trillion.

 

 

 

 

Edited by stevewinn
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Arklow Shipping, a major Irish shipping firm, withdrew its support from Seaborne "without warning". as a result the contract as been cancelled. The Department of Transport said it made the decision after the company's Irish backer pulled out.

No taxpayer money has been transferred to Seaborne. The government said its confidence in the viability of the deal with Seaborne was based on Arklow Shipping's backing of the company and the assurances it received from them.

 

 

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I hope that March 30th will see a decrease in Corporation Tax to 10% (undercutting Eire's 13%) which will have a massive positive effect on Inward Foreign Investment and completely negate any hiked Tariffs imposed by the EU Commission. A reduction in Income Tax to 20% which will be an enormous boost to spending in the UK (Tax Income neutral to the UK) and preserve any potential job losses.

Massive investment in Team UK Technology Parks and Centres of Excellence for research funded through shared IP, and even greater Entrepreneur funding.

The future could be more than good, it could be the renaissance of UK fortunes whilst the EU continues its downward spiral to irrelevance

 

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2 hours ago, keithisco said:

I hope that March 30th will see a decrease in Corporation Tax to 10% (undercutting Eire's 13%) which will have a massive positive effect on Inward Foreign Investment and completely negate any hiked Tariffs imposed by the EU Commission. A reduction in Income Tax to 20% which will be an enormous boost to spending in the UK (Tax Income neutral to the UK) and preserve any potential job losses.

Massive investment in Team UK Technology Parks and Centres of Excellence for research funded through shared IP, and even greater Entrepreneur funding.

The future could be more than good, it could be the renaissance of UK fortunes whilst the EU continues its downward spiral to irrelevance

 

The futures exciting we can build a country for everyone.

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15 hours ago, stevewinn said:

 

A general election will be required first if Farage is going to be an any position to contest the extension.

By the time a General Election occurs either it will have already been extended (in which case Farage has already failed) or Brexit will have been completed/abandoned, in which case he doesn't need to contest the extension...so at best his position on extension to article 50 is irrelevant.

 

14 hours ago, Captain Risky said:

 ...why wouldn't Sinn Fein call for a referendum? isn't that what Brexit was all about. taking back control. does it really make a difference if its leaving the EU or the UK as long as its the peoples will. 

I consider it highly likely that brexit is simply the prelude to the breakup of the UK.  NI will join RoIreland, Scotland will go, and probably build a wall..

The welsh might hang around a bit longer, but only because they're like that spouse who has been beaten so often they don't know its possible for them to leave...

 

 

 

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3 hours ago, keithisco said:

I hope that March 30th will see a decrease in Corporation Tax to 10% (undercutting Eire's 13%) which will have a massive positive effect on Inward Foreign Investment and completely negate any hiked Tariffs imposed by the EU Commission. A reduction in Income Tax to 20% which will be an enormous boost to spending in the UK (Tax Income neutral to the UK) and preserve any potential job losses.

Massive investment in Team UK Technology Parks and Centres of Excellence for research funded through shared IP, and even greater Entrepreneur funding.

The future could be more than good, it could be the renaissance of UK fortunes whilst the EU continues its downward spiral to irrelevance

Tax rate adjustments should be made based on and only based on the level of demand in the UK economy.

When we boom taxes need to go up, when we are doing badly they need to come down. I predict Brexit wont be bad for the economy so when austerity gets lifted we will get a massive boom. Taxes will need to go up to prevent high inflation.

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4 hours ago, Torchwood said:

 

A general election will be required first if Farage is going to be an any position to contest the extension.

By the time a General Election occurs either it will have already been extended (in which case Farage has already failed) or Brexit will have been completed/abandoned, in which case he doesn't need to contest the extension...so at best his position on extension to article 50 is irrelevant.

 

I consider it highly likely that brexit is simply the prelude to the breakup of the UK.  NI will join RoIreland, Scotland will go, and probably build a wall..

The welsh might hang around a bit longer, but only because they're like that spouse who has been beaten so often they don't know its possible for them to leave...

 

 

 

Look at it as a NEW Party in response to events.

just as UKIP spawned out of Maastricht and our potential membership of the Euro.

Nigel Farage as UKIP leader took votes from the Tories and Labour he had the two parties panicking. he also led UKIP to a National victory and i stress the word national  victory in the European Elections.

A new political party for a new era with the lessons learnt from his UKIP days, with a better membership and political candidates, he, Sir Nigel Farage could very well lead a party into Govt (as a consequence if the current parties don't deliver Brexit)

 

Edited by stevewinn
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3 hours ago, RabidMongoose said:

Tax rate adjustments should be made based on and only based on the level of demand in the UK economy.

When we boom taxes need to go up, when we are doing badly they need to come down. I predict Brexit wont be bad for the economy so when austerity gets lifted we will get a massive boom. Taxes will need to go up to prevent high inflation.

No...it is interest rate rises that control inflation, and a rate of 3-4% would encourage savings as well as spending. It would also give the BoE some latitude to weather the next global downturn. The ECB with negative rates is on a path to horrendous austerity with the next turndown with nowhere to go

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4 hours ago, Torchwood said:

 

A general election will be required first if Farage is going to be an any position to contest the extension.

By the time a General Election occurs either it will have already been extended (in which case Farage has already failed) or Brexit will have been completed/abandoned, in which case he doesn't need to contest the extension...so at best his position on extension to article 50 is irrelevant.

 

I consider it highly likely that brexit is simply the prelude to the breakup of the UK.  NI will join RoIreland, Scotland will go, and probably build a wall..

The welsh might hang around a bit longer, but only because they're like that spouse who has been beaten so often they don't know its possible for them to leave...

 

 

 

The Brexit Party will go "live" if there is an extension to Art.50 that means the UK will also have to hold elections to the EU Parliament. This is not about fighting a GE at all. Nigel Farage will keep his powder dry unless that scenario becomes a reality and I suspect that there will be a near clean sweep for the new party. UKIP was the only party representing the majority of Leavers but they have lost that loyalty due to some truly stupid internecine rivalry and appointments.

Edited by keithisco
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1 hour ago, keithisco said:

No...it is interest rate rises that control inflation, and a rate of 3-4% would encourage savings as well as spending. It would also give the BoE some latitude to weather the next global downturn. The ECB with negative rates is on a path to horrendous austerity with the next turndown with nowhere to go

Fiscal policy is used to control demand and part of that is tax rate increases or rises. While it might seem counter-intuitive to you, you  dont reduce taxes during good times. You increase them to cool down the boom.

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The Evidence is damning. Ministers in DexEU giving this evidence to the committee. yet Where is the BBC? Why is it not highlighted on the 10 O'Clock News? we all know why. the bias. Since the Brexit vote the BBC has lost 3.5Million people who've cancelled their TV licence. 865,493 in 2018. no wonder the BBC cancel free TV licence for over 75's, and increasing the licence by £4. people are turning off because the BBC no longer reflects peoples outlook on life.

Anyway 47 days till the EU has to compete on the global stage for our business. there's a £100Billion surplus up for grabs im sure the world market is licking its lips. the EU is losing its treasure island.

 

 

 

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21 minutes ago, stevewinn said:

The Evidence is damning. Ministers in DexEU giving this evidence to the committee. yet Where is the BBC? Why is it not highlighted on the 10 O'Clock News? we all know why. the bias. Since the Brexit vote the BBC has lost 3.5Million people who've cancelled their TV licence. 865,493 in 2018. no wonder the BBC cancel free TV licence for over 75's, and increasing the licence by £4. people are turning off because the BBC no longer reflects peoples outlook on life.

Anyway 47 days till the EU has to compete on the global stage for our business. there's a £100Billion surplus up for grabs im sure the world market is licking its lips. the EU is losing its treasure island.

 

 

 

The BBC dosen't even try to hide it's bias anymore.

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15 minutes ago, hetrodoxly said:

The BBC dosen't even try to hide it's bias anymore.

and that's why its losing licence fee payers, and more people are switching to Netflix, Amazon Prime, and other streamable media, people are fed up with the BBCs outlook and PC driven crap contained within its output. - just look at Cbeeies that's the age the BBC starts its brainwashing.

Just look at Brexit its blew the lid.

 

Edited by stevewinn
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up to date the UK as signed 18 continuity trade agreements with countries such as Iceland, Switzerland, Chile & Mexico to mention just four, the next one to sign an agreement looks to be Egypt. (in the coming days) See of these 19 countries they are not EU members so have no desire to crash their economies on the rocks for the sake of the EU project.

But as we approach the 29th March even EU members will be getting nervous, as bilateral deals are being signed inroads by non-eu countries is being made at the expense of EU members, when it comes to market share in the UK.

Well it looks like the inevitable is happening, the first to bolt, is Italy. as the headline says "Italy explores its own bilateral Brexit deal with Britain" Italy is drawing up emergency plans to safeguard financial stability and keep trade with the UK flowing even if there is a no-deal Brexit, if necessary through a bilateral deal between Rome and London.

https://www.telegraph.co.uk/business/2019/02/10/italy-explores-bilateral-brexit-deal-britain-economic-crisis/

The EU was fearful this might happen. even referring it to as the British attempt to divide and rule. 

Question now is, if such a deal is signed with Italy. how long before ‘every man for himself’


 

 

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Here are prelim. stats for 2018 growth:

G7 2018.

1,USA 3%

2,Canada 2.1%

3,UK 1.4%

4,Germany 1.1%

5,France 0.9%

6,Italy 0.1%

7,Japan 0%

@RAyMO

I remember you saying we where the slowest growing in the G7 in Q2. I said wait till years end and see where we are. 3 third position. not bad considering Brexit.

related News.

No delay or increase cost of Toblerone

(question to the remainers, Switzerland is land locked how in the event of a No deal with the EU will the UK / Switzerland be able to transport goods by land)

 

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Switzerland and UK have also signed the agreement today whilst in other news:

Quote

 

Whilst some Remainer MPs push for an ultra-watered down Brexit in the style of a ‘Norway-style’ exit, many Norwegians are actually pushing back against the arrangement themselves.

Inside the European Economic Area, Norway still has to accept EU rules and freedom of movement which is causing increasing friction in a country where only around 20% people want to join the European Union and around 70% oppose such a move.

 

Source:

Oops...SNAP!

Edited by keithisco
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4 hours ago, stevewinn said:

3 third position.

amazing the impact that stockpiling has

-50 days... the clock is ticking....

 

Edited by RAyMO
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