[Politics] Brexit

[Pretty pink fairy]

Have you had a glass of prosecco Nibble
regards
DR

 

[Simster]

what you need to realise is TRADE DOESN'T JUST HAPPEN OVER NIGHT leaving the EU gives us further opportunity to other trade deals but we don't know how long these will take BUT it won't be the end of the world for the UK on the world stage as the doom merchants would have it, this is the future we're going into IT CANT BE ALL DOOM AND GLOOM for eternity otherwise we might as well chuck the towel in now
regards
DR

And equally, it will take years to see the negative effect of leaving the EU. Consider this: we have spent 40 years building an economy where components have been able to move back and forth across the channel in the knowledge that this movement is not attracting tariffs. Clearly that isn't going to be case after we leave.

So if you're a manufacturer in the UK, using components that have been shipped back and forth across EU member states, you have a decision to make. Do you close your non-EU factory or not? Probably not - the tariffs you're now attracting because of being outside the single market are probably outweighed by the cost of building a brand new factory *inside* the EU, and training up new staff. But, and it's a big but, when that UK factory reaches end of life, what company in their right mind is going to rebuild the factory here, when tariffs can be avoided altogether by building it pretty much anywhere else in the EU?

 

[vegster]

To much of this country is foreign owned and this needs addressing ASAP

Er, and how do we buy back all the transport and utility companies that have been sold to foreign companies ? How do we compete against the big multinationals on every High Street who's business ethos is to take as much profit out of the country and pay minimum tax ? How do we buy back the swathes of houses and buildings owned by offshore " Investors " ? any plans ? or, are you going to click your heels together and hope you go back to 1970 in Bournemouth ?

 

[Pretty pink fairy]

And equally, it will take years to see the negative effect of leaving the EU. Consider this: we have spent 40 years building an economy where components have been able to move back and forth across the channel in the knowledge that this movement is not attracting tariffs. Clearly that isn't going to be case after we leave.

So if you're a manufacturer in the UK, using components that have been shipped back and forth across EU member states, you have a decision to make. Do you close your non-EU factory or not? Probably not - the tariffs you're now attracting because of being outside the single market are probably outweighed by the cost of building a brand new factory *inside* the EU, and training up new staff. But, and it's a big but, when that UK factory reaches end of life, what company in their right mind is going to rebuild the factory here, when tariffs can be avoided altogether by building it pretty much anywhere else in the EU?

ALL HEAR SAY , in it together, the only way is up in the long term no point living in doom and gloom, the EU will be the losers in the long term losing their biggest pay master must have been a real kick up the arse for them, EXPECT TO SEE THEM CRUMBLE IN YEARS TO COME as more countries find out they're picking up the tab for our departure and not getting much back for it.
regards
DR

 

[rigton70]

Can someone who knows please explain why we have to pay a brexit bill for leaving.

 

[daveinprague]

Can someone who knows please explain why we have to pay a brexit bill for leaving.

Commitments already agreed.

 

[rigton70]

Commitments already agreed.

I thought i read somewhere ( probably wrong ) that the EU finances were calculated till 2019 then there re calculated again. If this is true then how do we owe money as that's the year were leaving.

 

[The Merry Prankster]

I thought i read somewhere ( probably wrong ) that the EU finances were calculated till 2019 then there re calculated again. If this is true then how do we owe money as that's the year were leaving.

Ongoing commitments like pensions.

 

[beorhthelm]

Commitments already agreed.

really? why or how could we have agreed to tens of billions past the current budget cycle?

 

[portslade seagull]

I thought i read somewhere ( probably wrong ) that the EU finances were calculated till 2019 then there re calculated again. If this is true then how do we owe money as that's the year were leaving.

Merkels brown envelope which she will share with Juncker

 

[rigton70]

Ongoing commitments like pensions.

Whose and what other commitments.

 

[The Rivet]

Telling isn't it that on deadline day we are so resigned to NOT signing a striker that the Brexit thread is continually in the top sphere of NSC threads. Depressing.

 

[JC Footy Genius]

I thought i read somewhere ( probably wrong ) that the EU finances were calculated till 2019 then there re calculated again. If this is true then how do we owe money as that's the year were leaving.

The budget cycle runs to 2020. Apparently, the Eu have come up with a random figure they think we owe without showing their workings or the legal basis and expect us to pay. There is also no mention of assetts that we have helped pay for just supposed liabilities. We have asked for more information and presented a detailed analysis why there is no legal basis for us to pay anything after we leave. They find this unreasonable ..

 

[JC Footy Genius]

Telling isn't it that on deadline day we are so resigned to NOT signing a striker that the Brexit thread is continually in the top sphere of NSC threads. Depressing.

TBH all those copycat transfer threads and hilarious fake ones were giving me a migraine the main board is a mess.

 

[Pretty pink fairy]

Can someone who knows please explain why we have to pay a brexit bill for leaving.

we don't , the EU just want a pay out to SOFTEN THE BLOW
regards
DR

 

[Pretty pink fairy]

commitments already agreed.

Bollocks
regards
DR

 

[rigton70]

The budget cycle runs to 2020. Apparently, the Eu have come up with a random figure they think we owe without showing their workings or the legal basis and expect us to pay. There is also no mention of assetts that we have helped pay for just supposed liabilities. We have asked for more information and presented a detailed analysis why there is no legal basis for us to pay anything after we leave. They find this unreasonable ..

So what are these commitments others are saying but not explaining then?

 

[rigton70]

we don't , the EU just want a pay out to SOFTEN THE BLOW
regards
DR

I did state someone who knows, not to sure why you replied.

 

[JC Footy Genius]

So what are these commitments others are saying but not explaining then?

Good question, no idea

 

[daveinprague]

So what are these commitments others are saying but not explaining then?

Seems the clearest overview

'It says Britain's budget obligations include:

Outstanding commitments to the EU's previous budgets and the current budget, up to the point Britain leaves

Commitments Britain has made covering the period after it leaves in 2019, up to the end of the current 7-year budget period in 2020

Liabilities such as pensions for EU officials

Contingent liabilities to cover things such as the risk of countries ranging from Ukraine to Ireland defaulting on an EU loan

Costs related to the withdrawal process, such as the cost of relocating the two EU agencies currently located in Britain; the European Banking Authority and the European Medicines Agency
- It also wants Britain to pay costs associated with ending its membership of EU institutions and funds, including the European Investment Bank, European Central Bank and European Development Fund.

- Other commitments the EU wants Britain to honour include the funding of British teachers seconded to European schools until 2021, and the cost of obligations undertaken by bodies such as the European Defence Agency, before it leaves the bloc.'