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The nightmare scenario.....

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Comments

  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    No, that's wrong.

    The British Chambers of Commerce have said that less than 1% of regulatory costs are a result of EU regulations.

    99% of the cost comes from British regulations.

    As pointed out earlier, that quote is from 2007/8 and therefore doesn't reflect the reams of financial services regulation that has been and is due to be implemented as a result of the financial crisis.

    Mind you, a lot of that additional regulation would have appeared whether or not we were part of the EU. I expect that's pretty much the same with most other EU regulation. In recent times UK governments have become ludicrously over excited about the concept of "indepedent regulators" and have set them up left right and centre - no doubt because they think they can blame the regulator when things go wrong.
  • ILW wrote: »
    At which point all French and German imports would then be subject to UK duties. The French and Germans would stop it happening as they would be the losers.

    Why would they be the losers?

    They can steal all the multinationals with EU headquarters in the UK and all the jobs that go with them.

    That would far outweigh the costs of UK import duty.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    For cars, as in the example earlier, it's 10% from all non-EU countries unless they have a free trade agreement.

    So Nissans or Hondas manufactured here for sale in the EU would cost the manufacturer 10% more than Nissans or Hondas manufactured in the EU if we left.


    India has negotiated a free trade agreement with the EU to buy and sell cars. Are you saying we couldn't?
    NEW DELHI: Cars manufactured in the European Union, including luxury makes such as Porsche and BMW, could be available in India at prices only marginally higher than in Europe as the government is likely to agree to a 10% duty on a fixed quota of cars imported from the EU as part of a free-trade agreement being negotiated between the two sides.
  • wageslave
    wageslave Posts: 2,638 Forumite
    Why do the people who kick up the most dust at the idea of breaking up the union not blink an eye at the suggestion we leave the eu?

    Conservatives answer on a virtual postcard please....
    Retail is the only therapy that works
  • ILW
    ILW Posts: 18,333 Forumite
    Why would they be the losers?

    They can steal all the multinationals with EU headquarters in the UK and all the jobs that go with them.

    That would far outweigh the costs of UK import duty.
    You have yet to come up with an example of a single multinational that has stated they would leave the UK.
  • ILW wrote: »
    Oddly enough I am all for the free trade thing.

    Well yes, any rational person would be.
    Just find the political stuff expensive, inefficient and rather annoying and mostly pointless.

    Yes but they're unlikely to just give us one without the other.

    Norway pays the same amount per capita for a free trade agreement that we do for full EU membership.

    If we were to be charged at the same rate as Norway, there would be no savings at all from leaving.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • wageslave wrote: »
    Why do the people who kick up the most dust at the idea of breaking up the union not blink an eye at the suggestion we leave the eu?

    Conservatives answer on a virtual postcard please....

    I vote Conservative, and don't think we should break up the Union or leave the EU.

    Although I would reconsider my position on Scottish independence if the UK left the EU. Scotland would be better off as an independent nation in the EU than as part of the UK outside the EU.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • ILW
    ILW Posts: 18,333 Forumite
    Well yes, any rational person would be.



    Yes but they're unlikely to just give us one without the other.

    Norway pays the same amount per capita for a free trade agreement that we do for full EU membership.

    If we were to be charged at the same rate as Norway, there would be no savings at all from leaving.

    So what is the advantage of full membership?
  • India has negotiated a free trade agreement with the EU to buy and sell cars. Are you saying we couldn't?

    I'm saying why would the EU states agree to such a free trade deal, when by refusing they could steal our EU headquarters and manufacturing facilities, as well as hundreds of thousands of jobs.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • ILW wrote: »
    You have yet to come up with an example of a single multinational that has stated they would leave the UK.

    That companies will operate in the most efficient way they can is self-evident.

    You've yet to come up with a single example of a multinational company that says they'd leave their EU facilities here if we left.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
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