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Brexit

So, May has said she intends to leave the single market but to retain tarrif free trade with members.

She also intends to take control of incoming EU immigration and that of Brits abroad.

She wants her cake and to eat it.

Thoughts ?

posted on 18/1/17

comment by rossobianchi - Got_Nameback (U17054)
posted 14 minutes ago
On the most basic level, this sums matters up nicely I think:

Maltese Prime Minister Joseph Muscat, whose country currently has presidency of the EU, warned:

"We want a fair deal for the United Kingdom, but that deal necessarily needs to be inferior to membership.

"Thinking it can be otherwise would indicate a detachment from reality."

If we want unfettered access to the single market it will be at a price, and it will require freedom of movement.

If freedom of movement is a red line and we still want access to the single market, there will be restrictions, and we will pay through the nose for it.

Otherwise, we gamble and walk away short-term before negotiating a new trade deal down the line. That gamble is all about whether the government can retain financial service organisations who do significant amounts of business in the EU or use the benefits of EU membership to do business with places elsewhere in the world. Nobody knows how that might work out.

I would suggest that slashing corporation tax would benefit nobody in the short or long term though. Not Britain or Europe.
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The House of Commons calculated a cut in cooperation tax would cost around £118 billion a year to the public purse.

With the loss of EU funding, resources, and governance, the government appear to be prioritising boarder control over the economy and public services.

posted on 18/1/17

^ So we put x into the eu and get more than that back? so where does the extra money come from? thin air?

posted on 18/1/17

Ah ive just found the answer myself, debt.

posted on 18/1/17

comment by Adam 'The Interview' Lallana (U20650)
posted 3 minutes ago
^ So we put x into the eu and get more than that back? so where does the extra money come from? thin air?
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Not sure I follow?

The amount of money the UK contributes to the EU budget cannot be measured in monetary terms alone.

In that we currently benefit from countless ancillary services (governance and regulatory etc) which, post brexit, the UK will have to administer (and pay for) themselves.

posted on 18/1/17

Was a random comment, but i read a few months ago that for £1 in we get £2 back(or was that a pro eu lie?), i dont get how that would work without debt massively accumulating

posted on 18/1/17

Stuart

What people don't seem to be realising is that slashing corporation tax would not only dent the public coffers immediately, it'd put us in a much worse negotiating position when we come to working new trade deals with the EU and everyone else.

comment by IAWT (U10012)

posted on 18/1/17

The good news keep coming>

http://www.reuters.com/article/us-davos-meeting-hsbc-idUSKBN1520SO?utm_campaign=trueAnthem:+Trending+Content&utm_content=587f7d1904d3013cea3477db&utm_medium=trueAnthem&utm_source=twitter

posted on 18/1/17

comment by manusince52 (U9692)
posted 18 hours, 17 minutes ago
I live in France, in October I had open heart surgery, the care was tremendous, and all free. If France can do it so can we. It's true they have a different system so for non important illnesses there is a small cost involved, say 6 euros for a visit to the doctor, but most people pay into a mutual that covers this, often through work.
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I think a system similar to this could be implemented. If you visit A&E or the doctor for something trivial then you should be charged a small fee (but enough to make you think twice about troubling the doctors or nurses if you have a sniffle).

They used to have a system in Turkey (many years ago, I don't know if it's still used) where pharmacies (chemists) used to have a trained nurse on staff who could diagnose (and treat) minor problems and if it was a more serious (but still minor enough) you could pay a nominal fee to be taken to the local doctor and jump the queue.

A friend had a severe reaction to an insect bite or sting and went to the pharmacy. The nurse looked at her problem, charged her £10, took her to the doctors where she was seen within minutes and was given an anti-histamine injection and sent on her way. Took about 10 minutes.

posted on 18/1/17

The first thing the NHS needs is to find a way of stopping people clogging up the system because they have a runny nose. I can't get to see my doctor because the surgery is full of cut fingers or heavy cough / cold / flu symptoms.

FFS I have to make an appointment 3 weeks in advance and as such need to predict when I'm going to be ill.

But if I'm a single mother with a child who sneezed once then that mother gets to bring the child straight to the surgery and take the appointment slot I've been waiting 3 weeks for.

posted on 18/1/17

comment by rossobianchi - Got_Nameback (U17054)
posted 9 minutes ago
Stuart

What people don't seem to be realising is that slashing corporation tax would not only dent the public coffers immediately, it'd put us in a much worse negotiating position when we come to working new trade deals with the EU and everyone else.
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I suspect it's simply positioning from the government. But it's an empty threat. And the e27 know it. Seven of our ten biggest trading partners are in the EU.

To abandon these treaties, and then hope to forge new trading relationships outside the EU, (on comparative terms) is simply impossible. Even if Whitehall had enough resource to do so.

The first priority will be getting the best deal with the EU (as we already have regulatory equivalence with them). Then, in the years that follow, and when there is the resources to do so, begin forging new trading relationships elsewhere.

How much damage this inflicts to the economy is not yet known, and is difficult to forecast. But the notion that the UK will come out of this process economically better off is an utter fantasy.

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