Quote:
Originally Posted by heero_yuy
Since we've paid nett many £100b's into the EU there must be a share of assets that we "own" Perhaps we should demand those back? £50b could pale into insignificance against it.  |
Some of the funding has gone to support the restructuring of industry in eastern Europe and improvement in roads etc there. Those countries were uncompetitive globally and when opened up to free trade, a lot of those industries closed down. Some of the other funding has gone to fund pan-European regulatory bodies. So from a business angle, some of the £8bn a year we send to Brussels is working capital. But some obviously has been invested in buildings etc.
Ultimately, money talks. I suspect the more the UK is willing to pay, the better a trade deal it will get. Ministers will be asking themselves questions like what is the cost of Japanese car manufacturers staying? £5bn? £10bn? £50bn?
I think money is a better negotiating leaver to play than security or EU citizens' rights to remain.
---------- Post added at 10:14 ---------- Previous post was at 10:05 ----------
Quote:
Originally Posted by jonbxx
Financial passporting and citizens rights are critical. If we want to avoid the wrath of Murdoch, Dacre and Desmond, best avoid mentioning anything we would pay for.
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Financial passporting is very unlikley to happen so the City is relocating parts of its business overseas to continue to serve their EU customers. Ony today, Lloyds of London announced that 100 jobs out of 600 jobs were moving to Brussels.
http://www.standard.co.uk/business/l...-a3502636.html