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Thread: Is there a future for the labour party ?

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  1. #1

    Re: Is there a future for the labour party ?

    Boris will feck up brexit , leaving the European union will haunt this country for years and the ones who will suffer are the former labour voters who supported him

  2. #2

    Re: Is there a future for the labour party ?

    Quote Originally Posted by SLUDGE FACTORY View Post
    Boris will feck up brexit , leaving the European union will haunt this country for years and the ones who will suffer are the former labour voters who supported him
    A lot will depend on how the EU reacts to the leave decision. Will they play hard-ball with us to "teach us a lesson" and deter other countries who might be contemplating doing the same? On the other hand they now know we are serious and getting out asap which will mean a huge hole in their income (ok, not right away) and a possible threat to their exports to us if they start a tariff war.

    I am old enough to remember the Common Market and that seemed to work pretty well. The political union was when the rot started to set in and the money-gobbling bureaucratic monster was born. Interesting times ahead.

  3. #3

    Re: Is there a future for the labour party ?

    Further to the above: In 2018 the UK government paid £13 billion to the EU budget, and EU spending on the UK was forecast to be £4 billion. So the UK’s ‘net contribution’ was estimated at nearly £9 billion. The rebate we "enjoy" was £4 billion - without it the bill would have been £17 billion! That's a pretty large amount for the remaining EU members to cough up.

  4. #4

    Re: Is there a future for the labour party ?

    Quote Originally Posted by Gofer Blue View Post
    Further to the above: In 2018 the UK government paid £13 billion to the EU budget, and EU spending on the UK was forecast to be £4 billion. So the UK’s ‘net contribution’ was estimated at nearly £9 billion. The rebate we "enjoy" was £4 billion - without it the bill would have been £17 billion! That's a pretty large amount for the remaining EU members to cough up.
    You make the presumption that the EU will set its 2021-27 budget based on the current one where this is not the case. The future budget under negotiation will factor in the net contribution loss from the UK. It will be budgets for things like the CAP and regional funds that will suffer (there was already an intention to re-balance budgets for climate change initiatives in any event).

    Looks like Johnson has followed May's path in setting an unnecessary red line around the transition period before negotiations begin. The EU will follow its successful method during the Withdrawal Agreement phase of setting out its negotiating priorities that will give it the greatest benefit in the 11 month window between leaving the EU on 31st January and the end of December. Any deal in that timeframe is likely to be framed around those narrow lines rather than an all embracing one which could take a number of years to achieve. Somewhere along this path people may start to ask what getting Brexit done actually means I suppose but I wouldn't hold my breath.

  5. #5

    Re: Is there a future for the labour party ?

    Quote Originally Posted by Gofer Blue View Post
    A lot will depend on how the EU reacts to the leave decision. Will they play hard-ball with us to "teach us a lesson" and deter other countries who might be contemplating doing the same? On the other hand they now know we are serious and getting out asap which will mean a huge hole in their income (ok, not right away) and a possible threat to their exports to us if they start a tariff war.

    I am old enough to remember the Common Market and that seemed to work pretty well. The political union was when the rot started to set in and the money-gobbling bureaucratic monster was born. Interesting times ahead.
    Very true

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