Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%
  • Out

    Votes: 325 32.1%

  • Total voters
    1,013
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Indeed, and I am very closely acquainted with both of those companies, having been a senior Director in one. BAESYSTEMS is equally set up in both the UK and USA having bought a number of Us defence companies and inherited a few from GEC. While they deal with Europe because of the Eurofighter consortium , Airbus and the European Space Agency, none of this will change and they will see neither a reduction nor an improvement in EU sales. Rolls Royce, aerospace and engines, are in the same area and you will notice that their shares were unaffected by Brexit.........

However our trade with traditional UK countries, Australia, NZ, India, etc have been affected because of our Eu membership...can you remember as a kid that we always had NZ Lamb...well now we can do these deals again without having the anchor of having to agree them with 27 other countries at the same time.......
Gizza job la.
 
If there is no deal, we go to WTO tariffs.....German cars and French produce go up by whatever % tariff is imposed, coupled with a devalued £ we just stop buying them because they are too expensive.....the Germans understand this, the French understand this......there will be a deal.....
And the cars produced in the UK for the Eu market?

Which btw are owned by foreign companies who might think longer term that they'd be better off relocating to the mainland and avoiding the tariff

Also if you think that any marginal fall off in the Uk market would cost the likes of VW and BMW 'hundreds of thousands of jobs' then you're living on cloud cuckoo.
 
If there is no deal, we go to WTO tariffs.....German cars and French produce go up by whatever % tariff is imposed, coupled with a devalued £ we just stop buying them because they are too expensive.....the Germans understand this, the French understand this......there will be a deal.....

A devalued pound means that car parts imported will cost more and add to the cost on making cars in the UK as would imposing tariffs on imported car parts. UK producing car companies can either raise their prices or take a hit on profit. If a tariff is added to increased prices due to a rise in producing cars in the UK this would not be offset by a devalued pound and UK car would be more expensive on the continent. If UK car producers take a hit on profit this can only by short term unless they push down wages and/or invest in machinery and get rid of workers. Producing cars in the UK would become uncompetitive as the Japanese have warned.

Of course the UK could decide not to impose tariffs on car parts coming into the UK and this would keep the cost of producing cars in the UK down. But they would still have to pay an EU tariff that all cars not coming from the EU has to pay.

Will people stop buying German cars because they are too expensive? Given that Mercedes-Benz Audi and BMW are brand names and that an awful lot of people get their cars on finance, there will be a slight drop off in sales but not that dramatic. Both Audi and BMW cars held their own after the 2008 crash with Mercedes not doing as well. German banks and finance institutes would be tempted to step in and 'offer deals' in conjunction with German motor companies. And given that 80% of all car sales are on bought on finance to make monthly payments 'affordable' a tariff rise in price would not put that many people off buying German cars.
 
Dyson.. someone who actually still MAKES SOMETHING instead of repackaging dodgy leveraged financial timebombs says... Out.

http://www.bbc.co.uk/news/business-37352312
The same James Dyson who was a staunch advocate of us joining the Euro when his business was primarily in the EU market.

Now he's shifted his production to the Far East and his largest markets are now the US and Japan.

No self interest there whatsoever.
 
Bruce, these things won't go away, we will still be a part of Europe and some of it's institutions, just as we always have been, apart from CAP, and we can still bring in labour as required, we just won't be ruled by the Eu elite in Brussels.......

The elite that we need to worry about isn't in Brussells. It's in the City of Westminster and the City of London.
 
Food for thought from open-Britain.co.uk?:

The Leave campaigners are trying to drop their false promises made during the referendum campaign, but they should be held accountable.

Below is a full list of promises they made. As the debate about the UK’s future relationship with the EU proceeds, remind them of these whenever you can.

UK-EU trade

1. Negotiate new trade deals with the US, China, Japan, Canada, Australia, South Korea, New Zealand and others which would immediately take effect on EU exit. “After we Vote Leave, we would immediately be able to start negotiating new trade deals with emerging economies and the world’s biggest economies (the US, China and Japan, as well as Canada, Australia, South Korea, New Zealand, and so on), which could enter into force immediately after the UK leaves the EU.” Vote Leave press release, 15 June 2016

2. Create 284,000 new UK jobs through new trade deals with USA, Japan, ASEAN, India and Mercosur. “In the last few years, the EU has sought to complete five key trade deals, with the USA, Japan, ASEAN, India and Mercosur. Because of protectionism in other European countries, the EU has failed to get a trade deal with any of these countries. When we Vote Leave we will be able to do trade deals with all of these countries much more quickly. According to the EU’s own figures this will create 284,000 new jobs in the UK”. Vote Leave press release, 12 May 2016

3. Trade with the EU will not be harmed. “Our trade will almost certainly continue with the EU on similar to current circumstances…The reality is that the hard-headed, pragmatic businessmen on the continent will do everything to ensure that trade with Britain continues uninterrupted.” David Davis, speech, 26 May 2016

“The EU’s supporters say ‘we must have access to the Single Market’. Britain will have access to the Single Market after we vote leave”. Vote Leave, What Happens When We Vote Leave?

“there will continue to be free trade, and access to the single market”, Boris Johnson, The Telegraph, 26 June 2016

"It should be win-win for us and it will be if we vote to leave and we can maintain free trade, stop sending money and also have control of our borders", Michael Gove, BBC, 8 May 2016

“The idea that our trade will suffer…is silly”, Vote Leave, What Happens When We Vote Leave

Anglo-Irish relationship

4. No border controls in Ireland. “Nor is there any prospect of security checks returning to the border. The common travel area between the UK and Ireland predates our EU membership and will outlast it. The unique status Irish citizens are accorded in the UK predates EU membership and will outlast it. There is no reason why the UK’s only land border should be any less open after Brexit than it is today.” Theresa Villiers, Vote Leave press releases, 14 April 2016

5. Free movement for Irish citizens to work in Britain. “The right of Irish citizens to enter, reside and work in the UK is already enshrined in our law. This will be entirely unaffected by a vote to leave on 23 June.” Vote Leave press release, 1 June 2016

Education, science and research

6. Hundreds of new schools: “Let’s imagine what else this money could buy:…hundreds of new schools” Vote Leave, Take Control, YouTube

7. More primary school places in our current schools: “Just 2.4% of our gross EU contributions could eliminate the shortfall in school places in England. It has been estimated that as many as 100,000 parents will miss their first preference for primary school places…The £461.2m needed to fund the additional 100,000 school places is just over a week’s worth of contributions to the EU”. Vote Leave press release, 18 April 2016

8. More spending on scientific research “Let’s imagine what else this money could buy:…pioneering health and scientific research”. Vote Leave, Take Control, YouTube

Immigration

9. A points-based immigration system. “Asylum and Immigration Control Bill...The Bill would end the discrimination against non-EU citizens and create a genuine points-based immigration system in which the possession of suitable skills is a key element.” Vote Leave press release, 15 June 2016

10. Higher immigration from non-EU countries. “we are now forced to block people from non-European countries who could contribute to the UK from coming here. This is an immoral, expensive, and out of control system.” Vote Leave briefing

NHS

11. More health spending. “Let’s give our NHS the £350 million the EU takes every week”. Vote Leave website

12. Raise pay for junior doctors. “A small fraction of the money that the EU takes from us each year could be used to give junior doctors the pay settlement they are looking for”. Gisela Stuart, Vote Leave press release, 25 April 2016

13. Abolish prescription charges. “If we Vote Leave we will be able to stop handing over so much money to the EU and we would be able to spend our money on priorities here in the UK like abolishing prescription charges”. Gisela Stuart, Vote Leave press release, 5 April 2016

14. Building new hospitals. “Let’s imagine what else this money could buy: state of the art hospitals”. Vote Leave, Take Control, YouTube

Public spending commitments

15. Maintain all current EU spending. “There is more than enough money to ensure that those who now get funding from the EU - including universities, scientists, family farmers, regional funds, cultural organisations and others - will continue to do so while also ensuring that we save money that can be spent on our priorities. If the public votes to leave on 23 June, we will continue to fund EU programmes in the UK until 2020, or up to the date when the EU is due to conclude individual programmes if that is earlier than 2020.” Joint letter from Vote Leave ministers, Vote Leave press release, 14 June 2016,

16. More public support for agriculture. “‘Let's get one thing straight. The UK government will continue to give farmers and the environment as much support - or perhaps even more - as they get now.’” George Eustice, Vote Leave press release, 23 March 2016,

17. New roads. “Let’s imagine what else this money could buy:…we could build new roads”. Vote Leave, Take Control, YouTube

18. Improving railways. “Let’s imagine what else this money could buy:…improve the railways”. Vote Leave, Take Control, YouTube

19. Expanding regional airports. “Let’s imagine what else this money could buy:…expand regional airports”. Vote Leave, Take Control, YouTube

20. Reversing changes to tax credits. “The controversial tax credit bill that was rejected by the House of Lords last week would have provided the Treasury with £4.4bn worth of savings. Here’s an idea, George - when we leave the EU, you’ll be able to fill that hole in EU membership fee savings’. Leave.EU Facebook, 2 November 2014

21. Paying state aid to the steel industry. “Imagine if we Vote Leave… we will be able to end unfair state aid rules, and support struggling industries like Steel”. Vote Leave Campaign News, 10 February 2016

22. New submarines. “even if we acknowledge the rebate and the sums already spent here, £10.6 billion of taxpayers money is given to the EU in a year…Just think what we could do with this money… It could pay for fourteen Astute Class Submarines”. Michael Gove, Vote Leave press release, 19 April 2016

23. Protecting Research Grants. “We are not talking about scrapping any sory [sic] of funding when it comes to subsidies for farmers or research grants for universities or any other sort of EU funding”. Matthew Elliott, Yorkshire Post, 20 November 2015

24. A “British DARPA”. “you have a chunk of money which you immediately save which you can put into it. You can set up a British DARPA”. Dominic Cummings, The Economist, 21 January 2016

25. Pothole repairs. “The EU has spent £264 million on just four bridges in Greece, Romania, Bulgaria and Poland, more than the £250 million that is forecast to be spent on the UK’s Pothole Action Fund in the next five years. After we Vote Leave, we can spend our money on our priorities like fixing our roads. Taxpayers’ money should be spent on filling in potholes in Britain, rather than being squandered on foreign bridges to nowhere”. Vote Leave Campaign Email, 2 February 2016

Rights of EU citizens currently living in the UK

26. EU citizens already resident in Britain will have the right to remain here. “There will be no change for EU citizens already lawfully resident in the UK. These EU citizens will automatically be granted indefinite leave to remain in the UK and will be treated no less favourably than they are at present”. Statement by Michael Gove, Boris Johnson, Priti Patel and Gisela Stuart, 1 June 2016

Security

27. Continue and deepen cooperation with the EU on science and counter-terrorism. “In particular, we will negotiate a UK-EU Treaty that enables us 1) to continue cooperating in many areas just as now (e.g. maritime surveillance), 2) to deepen cooperation in some areas (e.g. scientific collaborations and counter-terrorism)”. Vote Leave, What Happens When We Vote Leave?

Tax cuts

28. Lower taxes: “If you are still wondering what it will look like if we came out, think about this:…lower taxes as a result of no longer having to pay into the EU budget”. Vote Leave press release, 6 January 2016

29. Lower business taxes: “there are areas where government spending is a detriment to an efficient economy since it wastes money which could be going towards helping businesses which creates jobs and income. I think that the billions we spend on our EU contributions and the foreign aid budget would be a good place to start”. Nigel Farage, SunNation, 8 April 2015

30. Cut VAT on fuel: “A special Finance Bill. This would abolish the 5% rate of VAT on household energy bills by the date of the next general election by amending the Value Added Tax Act 1994, and will be a major benefit for low income households. This will be paid for by savings from the UK’s contributions to the EU budget.” Vote Leave press release, 15 June 2016

31. Reducing council tax: “Without our EU budget contributions, we could give everyone a 60 per cent council tax cut.” Daniel Hannan, Twitter, 1 September 2015

32. Reclaim billions in tax avoidance. “The EU may be good for some big multi-national businesses, but the truth is it's bad for smaller firms and UK taxpayers. People will be shocked that big business is taking British taxpayers to court in Europe where unelected judges are overruling the decisions of our parliament on tax rules - costing us all billions. That's on top of the £350 million we already hand over to Brussels every single week. We need to Vote Leave to stop this abuse. And this is no small matter - there are staggering amounts involved in these cases.” Priti Patel, Vote Leave press release, 10 April 2016

33. Abolish VAT on tampons: “'After we Vote Leave the public need to see that there is immediate action to take back control from the EU. We will need a carefully managed negotiation process and some major legislative changes before 2020, including taking real steps to limit immigration, to abolish VAT on fuel and tampons”. Chris Grayling, Vote Leave press release, 15 June 2016

Wages

34. Wages will rise. “The NHS will be stronger, class sizes smaller and taxes lower. We’ll have more money to spend on our priorities, wages will be higher and fuel bills will be lower”, Statement by Michael Gove, Boris Johnson and Gisela Stuart for The Sun - Vote Leave to cut VAT on fuel, 31 May 2016

The United Kingdom

35. A stronger Union. “If we vote to leave then I think the union will be stronger… I think when we vote to leave it will be clear that having voted to leave one union the last thing people in Scotland wanted to do is to break up another.” Michael Gove, BBC, 8 May 2016

Workers’ rights

36. Existing employment rights will be protected. “All of the EU legislation we have accepted since Tony Blair took us into the social chapter has been incorporated into UK law and will remain in place if we vote to leave. Any decision to simplify or change any of those laws would need voters’ consent. Our public holidays will also be protected and maternity and paternity leave will stay.” Andrea Leadsom and Gisela Stuart, The Times, 14 June 2016

“Let me be clear, very clear, on employment rights and the protection of workers’ rights that we are not looking to change those. So I will emphasise that again this evening. Those rights are enshrined by parliament, and which government would want to change that quite frankly? Supporting workers’ rights is absolutely the right thing to do and that’s part of our values that we have.” Priti Patel, Telegraph debate, 1 June 2016

Britain’s new relationship with Europe

37. A new UK-EU treaty by the end of 2018. “Given that all the big issues have already been solved over the years between the EU and countries around the world, and there is already a free trade zone stretching from Iceland to the Russian border, the new UK-EU Treaty should be ready within two years. In many areas we will continue existing arrangements at least for a while. Obviously the relationship will change and improve over time but a main goal for the first phase is to avoid unnecessary disruption. All the important elements of a new Treaty should be in place well before the next election.” Vote Leave, What Happens When We Vote Leave?

38. Construction of a new European institutional architecture. “We will build a new European institutional architecture that enables all countries, whether in or out of the EU or euro, to trade freely and cooperate in a friendly way.” Vote Leave, What Happens When We Vote Leave?
 
And the cars produced in the UK for the Eu market?

Which btw are owned by foreign companies who might think longer term that they'd be better off relocating to the mainland and avoiding the tariff

Also if you think that any marginal fall off in the Uk market would cost the likes of VW and BMW 'hundreds of thousands of jobs' then you're living on cloud cuckoo.
Have you built in the cost of moving those factories over to europe and the skill shortages they would encounter? never mind the delay in production?
it would be cheaper to sell the units, but they may be scared competitors would say thank you very much and make another car brand on those sites as for a levy well that would work both ways if the Eu put a tariff on imports to them from us and we reciprocated it -Its worthless to them they well beat their chest now being the bully boys they always have been - I can remember when we did not need them , and we did better than we do now the EU is for the rich remainers the financial sector which will be the hardest piece of the jigsaw to negotiate when already you have yes Poland shouting from the rooftops about anyone in the financial sector please move to Poland from the UK!
I am all for fair free trade with Europe if it is well under the 18 billion { less rebates}we have to incur each year!
Leaving the eU will have some cost no doubts but hopefully far cheaper and more independence for our nation!
 
When was this mate?
1960's till we joined the common agricultural policy trade deals only purchase tax of 3-7% on luxury goods depending what you purchased eventually became VAT that immediately went to 8 % more across the board then on to 10 percent up to the current rate of 17.5 %.
The only favour General de Gaulle did for us after we looked after him very well and the French movement in world war 2, and won him his country back was to block us joining the then strong for trade Common Market!
Ted Heath had to pay top whack to get us in it alienating us from our old british commonwealth countries, out went cheap New zealand lamb, out went cheap Austrian butter up went taxes on goods as purchase tax was abolished for VAT.
even I did not realise the EU then had a say in what deals outside the EU we could do? what kind of memebership is that all the countries have to vote the same way where the democracy in that??????
If they have this super power EU army it will be laughable costly imagine how they will make a decision when they have to agree on everything in a situation of importance????
anyway we already have a UN that does that!
Look in my life time I have voted twice to remain in Europe for trade never has there been a vote for a political union with the EU till June 23rd a record high turnout with a mandate to leave I voted to leave 3rd time lucky as I had been brainwashed to vote yes stay in the two other times!
Brexit will happen it will take time yes it will be bumpy , but the EU itself is imploding with the EURO in history Brexit imo will be the best vote the UK Citizens ever made!
Getting an elected house of Lords is another issue but that needs doing as well IMO!
 
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