Are we still a European force?

[Chicken Runner61]

By dint of not being part of this accord will the UK not effectively become a tax haven, but one with full access to the single market?

We might already be a tax haven - I don't know, if thats why those foreign banks came here we might be - Bushy

We won't be in the single market if most of the people that applauded Cameron get their way.

 

[User removed 4]

Possibly - but then you must think that the banks currently here are only here because a tax is imposed elsewhere?

The banks are here because the skilled workforce is here , and there are taxes elsewhere.

 

[narly101]

As I understand it we can have a say in the Euro so long as we are at the table. Obviously the nations that use the Euro are going to have a final say over us as its not our currency but thats not to say we don't get heard or taken notice of.

If we were involved we might be able to influence what happens about the financial tax but now they will be able to implement changes around us.
Basically if you are not at the table you won't see the menu let alone get to choose the meal.

26-1 is not a good score to come home with

We'll still be at the table, but not involoved in the fiscal compact. 26-1 is a media stance, and one that doesn't really hold merit with reality. The EU will continue to function in it's trade associations. The Eurozone parties are annoyed that we took a stance against them as they have a lot more to lose than we do. I don't really wsant the UK held to ranson over Greece, Spain and Italy who are incapable of resolving their huge budget defecits.

 

[Westdene Seagull]

Basically if you are not at the table you won't see the menu let alone get to choose the meal.

I highly doubt we'd not get to see the menu as you put it. The EU / Eurozone are hardly going to be able to keep plans secret - especially amongst fully paid up members ( which we still are of the EU ). We might not be able to influence polices around the Euro or around the dreaded fiscal union but what we CAN do is make our own polices more attractive than those of the Eurozone to attract business and investment. This daft doomsday scenario being suggested by the pro-EU lobby just isn't going to happen.

 

[User removed 4]

What on earth have we been doing at Brussels then? Of course we have shaped and influenced decisions.

We have rolled iover for the franco-german interests club, otherwise known as the EU.

 

[Herr Tubthumper]

The fact you class norddeutsche as a " major city bank " speaks volumes about your knowledge of the city.

So this discredits his opinion? Very poor response. 3/10. Try again.

 

[kano]

zeal·ot - pronunciation [Herr-Tubthumper] noun
1.a person who shows zeal.
2.an excessively zealous person; fanatic.
3.( initial capital letter ) a member of a radical, warlike, ardently patriotic group of Jews in Judea, particularly prominent from a.d. 69 to 81, advocating the violent overthrow of Roman rule and vigorously resisting the efforts of the Romans and their supporters to heathenize the Jews.​

 

[User removed 4]

So this discredits his opinion? Very poor response. 3/10. Try again.

No, it discredits yours.

 

[Herr Tubthumper]

The banks are here because the skilled workforce is here , and there are taxes elsewhere.

I am prepared to admit this is one reason Bushy. But only one, Binary Bushy.

 

[Herr Tubthumper]

No, it discredits yours.

FFS. It's not my view, it's Tom Brown's. Stop using semantics and petty detail to try and deflect away from the fact you have not come up with a decent response to HIS opinion.

 

[Herr Tubthumper]

We have rolled iover for the franco-german interests club, otherwise known as the EU.

In the past we have not. Last Friday we did.

 

[User removed 4]

FFS. It's not my view, it's Tom Brown's. Stop using semantics and petty detail to try and deflect away from the fact you have not come up with a decent response to HIS opinion.

I disagree with it, what more do you want me to say, i dont think it would make one iota of difference, Germany isnt a member of NAFTA, but deutsche till has a large presence in New York.

 

[SULLY COULDNT SHOOT]

I highly doubt we'd not get to see the menu as you put it. The EU / Eurozone are hardly going to be able to keep plans secret - especially amongst fully paid up members ( which we still are of the EU ). We might not be able to influence polices around the Euro or around the dreaded fiscal union but what we CAN do is make our own polices more attractive than those of the Eurozone to attract business and investment. This daft doomsday scenario being suggested by the pro-EU lobby just isn't going to happen.

Thats just funny... we, on our own, little england will be able to compete to make policies more attractive than the Eurozone. Good luck with that. Ive just made you my signature.

 

[Westdene Seagull]

Thats just funny... we, on our own, little england will be able to compete to make policies more attractive than the Eurozone. Good luck with that. Ive just made you my signature.

Thank you - I'm touched ! You seem to be ignoring that the Eurozone is bankrupt, propped up by only two main economies ( 3 at a stretch if you include The Netherlands ) and wholly artificial. Unless there is complete fiscal union including taxation ( which will NEVER happen ) it's unlikely to survive another decade ( and that's being generous ).

Well done on the "little England" phrase - only phrases missing are "nationalistic", "jingoistic", "Englander" and "right wing" and you would have won the soppy leftie EU bingo game.

 

[BensGrandad]

Not really up with the effect of this veto on us in Europe but I do remember Churchill saying that Europe will one day be controlled and run by Germany, how prohetic was this, along with their biggest allies in 39 -45 France..

 

[Herr Tubthumper]

Unless there is complete fiscal union including taxation ( which will NEVER happen ) it's unlikely to survive another decade ( and that's being generous ).

Rubbish. A German led Europe will keep going on and on and on. 10 years, they'll hardly be in their stride by then.

 

[paddy]

Anyway, I'm not talking about now. It's the future i'm concerned about. And I'm concerned that Cameron is focussing on only one part of the UK economy and even then only a sub-sector of it. And a sector which caused us the bloody problems in the first place. It does not make sense, I can only conclude that he is kowtowing to his family, friends and the sector which gives his party 50% of its funds. It stinks.

I think you'll actually find that the current EU regulatory framework precludes the UK from introducing the recommendations of Vickers - the EU is actually preventing us from regulating the banks!!

 

[User removed 4]

Rubbish. A German led Europe will keep going on and on and on. 10 years, they'll hardly be in their stride by then.

A thousand year Reich eh ?

 

[Herr Tubthumper]

I think you'll actually find that the current EU regulatory framework precludes the UK from introducing the recommendations of Vickers - the EU is actually preventing us from regulating the banks!!

You'll have to expand, you're not being clear.

 

[paddy]

You'll have to expand, you're not being clear.

The Vickers Report on banking reform made a number of recommendations for new regulations, many of which cannot be legislated for by Parliament. One recommendation was that banks maintain a 10% capital buffer. At the moment this is actually illegal under European law and Parliament cannot pass a Bill to implement it because the matter is covered by EU regulations.