Brexit Cost - an explanation!

[SeanConnor]

It's called contracts and agreements, the same way you pay to leave your phone contract early.

Yes a very funny story, made me laugh but there a a surprising number of things that the British Government signed up for. In my own area we rely heavily on research funding . A large proportion of this aimed at medical research ( I work in ECG technology especially AF detection). One of the Europe wide grant systems is called 'Horizon 2020' .It is called this because the grant runs until 2020 by which time we will ( maybe) be outside the EU. The UK contribution has already been signed off any many UK companies (including my own ) have benifitted. If we do not replace the funding we will shut ! If we just bugger off without paying a bean then they are comitted to support European research partnerships until 2020 with no contribution from the UK (which is receiving money as part of the scheme ) Now this would be fine if the idiots running this country 'plugged the hole'. Like Boris's NHS money this just ain't going to happen.

 

[SeanConnor]

Brexit hasn't happened yet you're just seeing and feeling prebrexit lows.

We have a pre-brexit Royal wedding party scheduled to cheer up the country though

 

[Anonymous]

Yes congratulations to all those non the wiser people who voted out, were paying for it now :roll:

Tim.

That would be meeeeeeeee

+1 and I remember life before EU

 

[TitanTim]

Yes remember life before the EU, powercuts, 3 day week, Jimmy Saville on the telly :? Upside was I had a Raleigh Chopper, ABBA on the bedroom wall and a pack of 5 Benson & Hedges in my satchel.

Anyways the Royal Wedding can go to hell as we don't get a day off :x

Tim.

 

[Nanu]

The explanation about sums up the divorce bill from the EU's perspective. But why aren't we telling them what we want and if we don't get it we leave without a deal and see what happens?
The result would be France and Germany having to pay an extra 10 billion between them every year from now on which of course they cannot afford and their electorate would not stand for.
Trading by world trade rules shouldn't scare anyone, China, India and the USA all trade that way with the EU and they don't do too bad do they? After we leave for instance, French, Spanish and Italian wine will be more expensive because of tariffs but Australian, American, South African and South American wine will be cheaper as we are longer in the EU they wont have to pay tariffs. Who will loose out?
As for loosing out on EU funding, where do you think that funding actually comes from? Us, we pay them, they take a cut and very kindly give some of it back to us and expect us to be grateful.

The more the divorce bill increases the better. The public and back bench MP's won't stand for it and we will leave for free.

End of rant and apologies issued.

 

[ronk]

I was and still am an avid remainer - but abide by the majority who voted out without knowing what the deal entailed - Now the Eu is beating up its high time we either called the whole thing off or tell them all to bugger off and we will go it alone as we intended!

 

[SeanConnor]

I see your point especially about the increased financial burdon on Germany and France but in some cases including Horizon 2020 the UK is by far the largest beneficiary. In this case around £88 M . The point is that we signed for this. If you bought a car on finance and then decided not to keep up payments then the finance
people would have the keys off you ASAP

 

[ronk]

Yes remember life before the EU, powercuts, 3 day week, Jimmy Saville on the telly :? Upside was I had a Raleigh Chopper, ABBA on the bedroom wall and a pack of 5 Benson & Hedges in my satchel.

We were called the Sick Man of Europe!

 

[MrPT]

As a once in a generation payment I’m not sure a few tens of billions either way on a 2 trillion pound GDP is going to make much difference. Better invest efforts in implementation of the split so we don’t lose a hundred billion a year through bureaucratic waste.

 

[SeanConnor]

https://www.ft.com/content/202a60c0-cfd8-11e5-831d-09f7778e7377

 

[Nanu]

I see your point especially about the increased financial burdon on Germany and France but in some cases including Horizon 2020 the UK is by far the largest beneficiary. In this case around £88 M . The point is that we signed for this. If you bought a car on finance and then decided not to keep up payments then the finance
people would have the keys off you ASAP
[/quote]

I agree to an extent but what about all the assets we have paid into we longer have the use of? We should be getting a rebate.
The £88 M is insignificant when we pay in £10 Billion more than we get back. We could fund the entire Horizon project and still be in profit.

 

[sp3ctre]

Personally I can't wait to leave.... It seems like it's a bit like being in the Mafia, ok while you are in (but expensive), but don't try to leave or they'll come after you. Should Europe not have been something that was attractive to be in, not that you were afraid to leave. Sure it will cost to leave (whether it will cost more than we contributed, we will see), but rather go it alone than be bullied by that lot. I'm ashamed that we were ever a part of it in the first place.

 

[TitanTim]

How do we stand if you order goods from within the EU in terms of import duty? Will this be changing once were out and have to pay it?

Tim.

 

[pvr]

How do we stand if you order goods from within the EU in terms of import duty? Will this be changing once were out and have to pay it?

Tim.

That is the cost that the Dutch were talking about, it requires a separate customs handling in the harbour costing millions to set up.

With my frequent trips, I will be bootlegging :lol:

 

[SeanConnor]

How do we stand if you order goods from within the EU in terms of import duty? Will this be changing once were out and have to pay it?

Tim.

That is the cost that the Dutch were talking about, it requires a separate customs handling in the harbour costing millions to set up.

With my frequent trips, I will be bootlegging :lol:

Can I put in an order for some fresh herring and onion ? Might be a bit smelly by the time it arrives but then it is to start with - I used to drive my brother in law nuts eating this stuff , he can't stand fish

 

[Zeld4]

Well today it looks like that May has clarified that we will not pay the bill unless there is a deal with the EU. Maybe DD and TM really do know what they are doing and all this panic and bluster from everybody else is quite pointless.

 

[Attilio]

Yes congratulations to all those non the wiser people who voted out, were paying for it now :roll:

Tim.

at least we got our sovereignty back and kicked all those foreigners out

Ahem, I think there are still plenty of “foreigners” in the UK...and you may end up realising that they will be there for a long time. Moreover, they may well kick all of “those foreigner Brits” out of Portugal, Spain, South of France, Tuscany etc.

 

[Mr Tidy]

Ahem, I think there are still plenty of “foreigners” in the UK...and you may end up realising that they will be there for a long time. Moreover, they may well kick all of “those foreigner Brits” out of Portugal, Spain, South of France, Tuscany etc.

Oh dear, but I'm sure those of us who still live in the UK aren't going to lose any sleep over that! :lol:

 

[Attilio]

Ahem, I think there are still plenty of “foreigners” in the UK...and you may end up realising that they will be there for a long time. Moreover, they may well kick all of “those foreigner Brits” out of Portugal, Spain, South of France, Tuscany etc.

Oh dear, but I'm sure those of us who still live in the UK aren't going to lose any sleep over that! :lol:

true!

 

[Buckz]

Yes congratulations to all those non the wiser people who voted out, were paying for it now :roll:

Tim.

at least we got our sovereignty back and kicked all those foreigners out

Ahem, I think there are still plenty of “foreigners” in the UK...and you may end up realising that they will be there for a long time. Moreover, they may well kick all of “those foreigner Brits” out of Portugal, Spain, South of France, Tuscany etc.

My comment was sarcastic, I am my self s foreigner, dirty eastern European as a few leave voters would put.