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If we vote for Brexit what happens

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  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    edited 4 May 2017 at 1:16PM
    The paper also indicates that a WTO Brexit will lead to Irish job losses (A third of all fish landed by Irish vessels are caught in UK waters), inflation and a competitive advantage for the UK. In the long term Irish GDP could end up being 3.8% below baseline. It states the effects will be deep and extensive to the Irish economy and that the EU may have to help financially.
    The document also hints that the EU needs the UK to pay an exit fee so they can subsidise EU farmers via CAP and that they will attempt to shackle the UK on issues such as state aid & corporate tax and aim to prevent the UK having an `unfair competitive advantage`.
    https://sluggerotoole.com/2017/05/03/irish-brexit-paper-reveals-the-eu-will-likely-seek-to-shackle-the-uk/
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    setmefree2 wrote: »






    So on top of the loss of our net £8bn pa, nations like Ireland, Holland, France and Spain will happily add to their woes by harming their exports to the UK. Real pain for millions of EU workers engaged in selling to the UK.


    I don't buy this at all do you?
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    setmefree2 wrote: »

    I had missed that. Thank you. Looking forward to next months figures.
    There will be no Brexit dividend for Britain.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    Bright side... less foreigners
    Extra bright side...great opportunity for the youth and unemployed of Britain to get a job.

    http://www.independent.co.uk/news/uk/politics/british-agricultural-and-food-sectors-will-face-major-disruption-without-access-to-eu-labour-report-a7714111.html

    "It comes after Andrea Leadsom, the Environment Secretary, suggested at the Conservative party conference last year that young Britons should take up the fruit picking and farm labouring jobs currently undertaken by EU migrants."

    Downside...there is no downside.
    There will be no Brexit dividend for Britain.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    European Commission says it is 'too busy' to interfere in UK general election, after Theresa May claim
    The European Commission has rejected Theresa May's claim that Brussels officials are trying to influence the result of Britain's general election.
    Responding dimissively to the Prime Minister's suggestion a spokesperson for the Commission said it was "rather busy" and had other issues on its plate.
    Responding to the conspiracy theory a Commission spokesperson said: "We are not naive, we know that there is an election taking place in the United Kingdom. People get excited whenever we have elections.
    "This election in the United Kingdom is mainly about Brexit. But we here in Brussels, we are very busy, rather busy, with our policy work.
    "We have too much to do on our plate. So, in a nutshell, we are very busy. And we will not Brexitise our work.
    "To put it in the words of an EU diplomat, the 30-minute slot that we are going to devote to Brexit per week, for this week it's up."

    http://www.independent.co.uk/news/uk/politics/uk-general-election-live-brexit-european-commission-theresa-may-rig-interference-a7717561.html
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Conrad wrote: »
    So on top of the loss of our net £8bn pa, nations like Ireland, Holland, France and Spain will happily add to their woes by harming their exports to the UK. Real pain for millions of EU workers engaged in selling to the UK.


    I don't buy this at all do you?

    Not sure yet.....

    ....as I say I'd like to know all our ducks are in a row with the WTO....
  • Herzlos
    Herzlos Posts: 15,907 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Conrad wrote: »
    The media went to town several times before last June over UK chocolate / sweet factories moving abroad.


    Now when it happens you guys blame Brexit.


    Don't you see this is pretty flimsy?


    Sure we will see a minority of firms move but as we always say this will be offset by the great opportunities ahead. It all comes back to a bit of grit and spirit, there's zero need to be afraid of change. Change = innovation.

    I'm seeing places having problems and citing Brexit specifically, so I think it's fair to say Brexit is partially to blame. What happened before not attributed to anything is irrelevant.

    Plus, I'm seeing lots of places struggling due to Brexit, and some investment despite of Brexit, but I don't think I've seen any of these great new opportunities ahead yet. There will likely be an increase in port/customs/admin staff, but I don't think that'll bring any real economic advantage.
  • Herzlos
    Herzlos Posts: 15,907 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    So our trump card is that if they refuse to co-operate, we'll bring them down with us? I can see that going well. If it's down to who blinks first, we need to think about who it'll hurt most.
    Conrad wrote: »
    97% of WTO goods at Felixstowe come straight into Britain, no delays, none of the Project Fear nonsense about goods stuck in warehouses. I have no issues using my American Credit Cards or buying American software business services or downloads or American / Japanese software synths.

    Well of course digital services don't hit customs checkpoints. Have you ever ordered a tangible item from the US?

    I have, and when I do it normally takes about a week to land, another day(ish) at customs, where it gets held until I pay a fee (£8 + duty) and then goes on to me.
    Conversely, when I order something from Europe, it's usually at my door within about 3 days.

    And that's using a variety of couriers and for business/personal usage.


    Now I've never said we won't adapt, but I can promise you it won't be as simple as you seem to think it is.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Conrad wrote: »
    Sure we will see a minority of firms move but as we always say this will be offset by the great opportunities ahead. It all comes back to a bit of grit and spirit, there's zero need to be afraid of change. Change = innovation.

    Your very optimistic of Brexit, why do you not think the same would apply to an Independent Scotland?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I saw a fella from a British based pro-EU think-tank on the TV yesterday saying that some personalities within the Council of Europe are more than a bit irked that the EU Commission is seemingly engaged in a game of brinkmanship with the UK.
    I wonder if Merkel and the Luxembourger Lush have misjudged this one?
    “Britain- A friend to all, beholden to none”. 🇬🇧
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