BREXIT - Is This Really Still Rumbling On? 😴

rick_chasey

Coopster’s maths is rather off.

An accountant he would not make

Stevo_666

kingstongraham said:

coopster_the_1st said:

Let's see what the real figures look like rather than those who are trying to dilute them

There are 9 countries that are net contributors to the EU budget.

Total from net contributors is £52.2bn of which the UK contributed £9.77bn (18.7%)

So there is an 18.7% hole in their yearly budget going forward. This is the real impact the EU faces

Source: https://www.statista.com/chart/18794/net-contributors-to-eu-budget/

I mean it clearly isn't an 18.7% hole in their budget, it's an 18.7% reduction in net contributions but point taken, it's substantial.

You got it.

rick_chasey

Sorry why is net contribution relevant?

Surely the cost gets shared in equal proportion to their economy around the 27?

The equation is the same.

Stevo_666

My point is that the absence of our contributions makes a difference. What point are you trying to make?

tailwindhome

It'll be interesting to compare the increase in any member's contribution to the redistribution of the UK empty seats in the EU parliament.

rjsterry

So?

They have 67million fewer people to worry about.

Sure, they'll all have to chip in more or make do with less. Probably a bit of both.
I can't see that it's going to change anything fundamentally. There are already voices within the EU arguing for reduced spending.

TheBigBean

rick_chasey said:

Sorry why is net contribution relevant?

Surely the cost gets shared in equal proportion to their economy around the 27?

The equation is the same.

If it was that easy there wouldn't be any need for four days of arguments.

Stevo_666

TheBigBean said:

rick_chasey said:

Sorry why is net contribution relevant?

Surely the cost gets shared in equal proportion to their economy around the 27?

The equation is the same.

If it was that easy there wouldn't be any need for four days of arguments.

True, seems like a lot of effort if the formula is already agreed.

rjsterry

The argument is on how much to spend and on what, not how it's divvy-ed up between the 27.

rjsterry

Obviously different proposals benefit some states more than others.

coopster_the_1st

rjsterry said:

So?

They have 67million fewer people to worry about.

Sure, they'll all have to chip in more or make do with less. Probably a bit of both.
I can't see that it's going to change anything fundamentally. There are already voices within the EU arguing for reduced spending.

Previously, the EU's only worry for the 67 million Brits was how big the UK's credit card was!

Thankfully we can guarantee this time around that the UK will be paying less than it ever has

Stevo_666

rjsterry said:

The argument is on how much to spend and on what, not how it's divvy-ed up between the 27.

Without the UK, clearly all the other contributors have to pay more so there is more sensitivity on how much overall is spent as that feeds into their bill.

rjsterry

They all pay more OR they spend less. More detail here.

https://www.politico.eu/article/8-takeaways-from-the-new-eu-budget-proposal/

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

morstar

There is no gloating financially either way as with any divorce.
We are leaving and paying maintenance whilst having to buy new white goods for our new pad.
Meanwhile the wife keeps the house and the bills are covered but the discretionary spend is no longer there.
The lawyers who are typically the winners have their equivalence in the investors who successfully track the market shifts.

Stevo_666

rjsterry said:

They all pay more OR they spend less. More detail here.

https://www.politico.eu/article/8-takeaways-from-the-new-eu-budget-proposal/

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

It's the direction of travel that matters, as they say

rjsterry

It's the same fight in any government: a bunch of guys with brilliant ideas and a smaller bunch

Stevo_666 said:

rjsterry said:

They all pay more OR they spend less. More detail here.

https://www.politico.eu/article/8-takeaways-from-the-new-eu-budget-proposal/

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

It's the direction of travel that matters, as they say

Which direction of travel of what are we talking about here. A shame they dodged the opportunity to put proper sanctions on the Polish and Hungarian p***takers.

Stevo_666

rjsterry said:

It's the same fight in any government: a bunch of guys with brilliant ideas and a smaller bunch

Stevo_666 said:

rjsterry said:

They all pay more OR they spend less. More detail here.

https://www.politico.eu/article/8-takeaways-from-the-new-eu-budget-proposal/

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

It's the direction of travel that matters, as they say

Which direction of travel of what are we talking about here. A shame they dodged the opportunity to put proper sanctions on the Polish and Hungarian p***takers.

Our reducing payments over time.

rjsterry

Stevo_666 said:

rjsterry said:

It's the same fight in any government: a bunch of guys with brilliant ideas and a smaller bunch

Stevo_666 said:

rjsterry said:

They all pay more OR they spend less. More detail here.

https://www.politico.eu/article/8-takeaways-from-the-new-eu-budget-proposal/

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

It's the direction of travel that matters, as they say

Which direction of travel of what are we talking about here. A shame they dodged the opportunity to put proper sanctions on the Polish and Hungarian p***takers.

Our reducing payments over time.

The comment was on the length of the tail. I'll be nearly in my 90s by the time we're paid up.

Stevo_666

rjsterry said:

Stevo_666 said:

rjsterry said:

It's the same fight in any government: a bunch of guys with brilliant ideas and a smaller bunch

Stevo_666 said:

rjsterry said:

They all pay more OR they spend less. More detail here.

https://www.politico.eu/article/8-takeaways-from-the-new-eu-budget-proposal/

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

It's the direction of travel that matters, as they say

Which direction of travel of what are we talking about here. A shame they dodged the opportunity to put proper sanctions on the Polish and Hungarian p***takers.

Our reducing payments over time.

The comment was on the length of the tail. I'll be nearly in my 90s by the time we're paid up.

Big deal. You said yourself the payments would be under a billion by 2025. That's around 10% of the last full years net contribution.

rick_chasey

Stevo_666 said:

rjsterry said:

Stevo_666 said:

rjsterry said:

It's the same fight in any government: a bunch of guys with brilliant ideas and a smaller bunch

Stevo_666 said:

rjsterry said:

They all pay more OR they spend less. More detail here.

https://www.politico.eu/article/8-takeaways-from-the-new-eu-budget-proposal/

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

It's the direction of travel that matters, as they say

Which direction of travel of what are we talking about here. A shame they dodged the opportunity to put proper sanctions on the Polish and Hungarian p***takers.

Our reducing payments over time.

The comment was on the length of the tail. I'll be nearly in my 90s by the time we're paid up.

Big deal. You said yourself the payments would be under a billion by 2025. That's around 10% of the last full years net contribution.

Hahaha

rjsterry

Stevo_666 said:

rjsterry said:

Stevo_666 said:

rjsterry said:

It's the same fight in any government: a bunch of guys with brilliant ideas and a smaller bunch

Stevo_666 said:

rjsterry said:

They all pay more OR they spend less. More detail here.

https://www.politico.eu/article/8-takeaways-from-the-new-eu-budget-proposal/

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

It's the direction of travel that matters, as they say

Which direction of travel of what are we talking about here. A shame they dodged the opportunity to put proper sanctions on the Polish and Hungarian p***takers.

Our reducing payments over time.

The comment was on the length of the tail. I'll be nearly in my 90s by the time we're paid up.

Big deal.

I think that was my original point. Glad you agree.

coopster_the_1st

rjsterry said:

@ Coopster: this may come as a surprise, but we will be contributing to existing commitments until 2064.

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8039

It'll be 2025 before annual payments drop below a billion.

This is mostly Reste a liquider commitments. These should have started to be unwound July 2016. That another £10bn+ that remainers have been willing to p1ss away on the EU project.

Do you understand what the Reste a liquider is? Basically this is where the EU spends money outside of its budget.

rjsterry

Regardless of what you or I think, it's what the UK government has agreed to pay.

coopster_the_1st

More remoaner nonsense being dispelled today.

36k more EU nationals were working in the UK in Q4 2019 than a year earlier.

Do any of those idiots who said EU nationals would stop coming to the UK want to own up to their stupidity?

rick_chasey

Only tangentially related, but worth keeping in mind when you want to talk scale.

HSBC announced 35,000 job cuts this morning (that's across the globe). The associated restructuring costs are $6bn in total, of which $2bn will be in "disposal costs".

The entire UK fishing industry employed 24,000 people and makes c.£1.4bn per year....

surrey_commuter

rick_chasey said:

Only tangentially related, but worth keeping in mind when you want to talk scale.

HSBC announced 35,000 job cuts this morning (that's across the globe). The associated restructuring costs are $6bn in total, of which $2bn will be in "disposal costs".

The entire UK fishing industry employed 24,000 people and makes c.£1.4bn per year....

Harrods turns over £2bn and employs 12,000 people

TheBigBean

surrey_commuter said:

rick_chasey said:

Only tangentially related, but worth keeping in mind when you want to talk scale.

HSBC announced 35,000 job cuts this morning (that's across the globe). The associated restructuring costs are $6bn in total, of which $2bn will be in "disposal costs".

The entire UK fishing industry employed 24,000 people and makes c.£1.4bn per year....

Harrods turns over £2bn and employs 12,000 people

I don't see the business case for opening a Harrods in fishing communities.

kingstongraham

coopster_the_1st said:

More remoaner nonsense being dispelled today.

36k more EU nationals were working in the UK in Q4 2019 than a year earlier.

Do any of those idiots who said EU nationals would stop coming to the UK want to own up to their stupidity?

I'm confused - wasn't that one of the main selling points of Brexit?

coopster_the_1st

kingstongraham said:

coopster_the_1st said:

More remoaner nonsense being dispelled today.

36k more EU nationals were working in the UK in Q4 2019 than a year earlier.

Do any of those idiots who said EU nationals would stop coming to the UK want to own up to their stupidity?

I'm confused - wasn't that one of the main selling points of Brexit?

You are confused because you have been intentionally ignorant, no other reason

surrey_commuter

TheBigBean said:

surrey_commuter said:

rick_chasey said:

Only tangentially related, but worth keeping in mind when you want to talk scale.

HSBC announced 35,000 job cuts this morning (that's across the globe). The associated restructuring costs are $6bn in total, of which $2bn will be in "disposal costs".

The entire UK fishing industry employed 24,000 people and makes c.£1.4bn per year....

Harrods turns over £2bn and employs 12,000 people

I don't see the business case for opening a Harrods in fishing communities.

rick_chasey said:
Only tangentially related, but worth keeping in mind when you want to talk scale.