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Qatar invests £5 billion in UK

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By *entaur_UK OP   Man  over a year ago

Cannock

Earlier today Qatar announced they will invest £5 billion in the UK, despite Brexit. They said the UK decision to leave the EU had little bearing on its decision to invest here. The £5 billion will be invested in Transport, property and digital technology, and is a huge vote of confidence in a post Brexit Britain, and that the UK is a great place to continue to invest.

www.bbc.co.uk/news/business-39410075

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By *oi_LucyCouple  over a year ago

Barbados


"Earlier today Qatar announced they will invest £5 billion in the UK, despite Brexit. They said the UK decision to leave the EU had little bearing on its decision to invest here. The £5 billion will be invested in Transport, property and digital technology, and is a huge vote of confidence in a post Brexit Britain, and that the UK is a great place to continue to invest.

www.bbc.co.uk/news/business-39410075"

Great news

-Matt

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay

It's very good news, but I suspect most of the investment will be yet more London real estate takeover bids.

We need investments that result in major jobs, hopefully there will be some of that in these plans.

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By *oi_LucyCouple  over a year ago

Barbados


"It's very good news, but I suspect most of the investment will be yet more London real estate takeover bids.

We need investments that result in major jobs, hopefully there will be some of that in these plans.

"

I wonder how Donald will see it, considering Qatar is the largest financier of Hamas and the US designate Hamas as a terrorist organisation. Not to mention the likes of Al-Queda and ISIL. Then again Qatar is not on his flight-ban list... so i'm guessing he must have a hotel or two over there.

-Matt

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By (user no longer on site)  over a year ago

this springs to mind .....

https://www.youtube.com/watch?v=fmf6dbX-8rg

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By *entaur_UK OP   Man  over a year ago

Cannock


"It's very good news, but I suspect most of the investment will be yet more London real estate takeover bids.

We need investments that result in major jobs, hopefully there will be some of that in these plans.

I wonder how Donald will see it, considering Qatar is the largest financier of Hamas and the US designate Hamas as a terrorist organisation. Not to mention the likes of Al-Queda and ISIL. Then again Qatar is not on his flight-ban list... so i'm guessing he must have a hotel or two over there.

-Matt"

That was Obama's original list of 7 countries remember.

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By *oi_LucyCouple  over a year ago

Barbados


"It's very good news, but I suspect most of the investment will be yet more London real estate takeover bids.

We need investments that result in major jobs, hopefully there will be some of that in these plans.

I wonder how Donald will see it, considering Qatar is the largest financier of Hamas and the US designate Hamas as a terrorist organisation. Not to mention the likes of Al-Queda and ISIL. Then again Qatar is not on his flight-ban list... so i'm guessing he must have a hotel or two over there.

-Matt

That was Obama's original list of 7 countries remember. "

Oh for fuck sake. Not this again. You still sticking with that line are you?

-Matt

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By *entaur_UK OP   Man  over a year ago

Cannock


"It's very good news, but I suspect most of the investment will be yet more London real estate takeover bids.

We need investments that result in major jobs, hopefully there will be some of that in these plans.

I wonder how Donald will see it, considering Qatar is the largest financier of Hamas and the US designate Hamas as a terrorist organisation. Not to mention the likes of Al-Queda and ISIL. Then again Qatar is not on his flight-ban list... so i'm guessing he must have a hotel or two over there.

-Matt

That was Obama's original list of 7 countries remember.

Oh for fuck sake. Not this again. You still sticking with that line are you?

-Matt"

It's not a line, its a FACT.

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By (user no longer on site)  over a year ago

What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

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By *entaur_UK OP   Man  over a year ago

Cannock


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug? "

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol. "

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek."

Why?

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?"

Why what?

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?

Why what?"

Why would we be up shit creek?

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By *ercuryMan  over a year ago

Grantham

People invest here because they see it as a good place to invest, and to make money. That's the nature of business and investment.

Also announced yesterday was an inward flow of Hong Kong money into the South West Trains franchise.

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?

Why what?

Why would we be up shit creek?"

Ok.

It's generally accepted that a large part of the high value property in the likes of London is bought for investment purposes mostly by buyers from the Middle and Far East. A lot of it is well out of the reach of UK buyers. If the owners decide that their property is no longer worth holding on to, they'll sell it.

The price of property will fall and have a knock on effect on the prices lower down in the market. That will, in turn, lead to the dangers of negative equity hence further up shit creek.

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By *ercuryMan  over a year ago

Grantham


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?

Why what?

Why would we be up shit creek?

Ok.

It's generally accepted that a large part of the high value property in the likes of London is bought for investment purposes mostly by buyers from the Middle and Far East. A lot of it is well out of the reach of UK buyers. If the owners decide that their property is no longer worth holding on to, they'll sell it.

The price of property will fall and have a knock on effect on the prices lower down in the market. That will, in turn, lead to the dangers of negative equity hence further up shit creek."

So if they are getting sky high rent income, why would they sell it?

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By (user no longer on site)  over a year ago


"People invest here because they see it as a good place to invest, and to make money. That's the nature of business and investment.

Also announced yesterday was an inward flow of Hong Kong money into the South West Trains franchise."

Agreed, but that's based on investors making money.

I just worry that large areas of UK businesses and infrastructure are owned or controlled by overseas interests. Should the UK start performing badly and become noncompetitive that funding will dry up or worse, be withdrawn.

The other alternative is that pressure is put on wages to ensure the UK remains competitive and that will, in turn, reduce living standards.

I was under the impression that the general idea of Brexit was that we regained control. We're actually losing control of our industries and infrastructure to overseas investors. Political control on it's own is not really worth having if we have no control over everything else.

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?

Why what?

Why would we be up shit creek?

Ok.

It's generally accepted that a large part of the high value property in the likes of London is bought for investment purposes mostly by buyers from the Middle and Far East. A lot of it is well out of the reach of UK buyers. If the owners decide that their property is no longer worth holding on to, they'll sell it.

The price of property will fall and have a knock on effect on the prices lower down in the market. That will, in turn, lead to the dangers of negative equity hence further up shit creek.

So if they are getting sky high rent income, why would they sell it?"

Firstly, a lot of the property is left empty and kept purely as an investment and secondly, that depends on peoples ability to continue to pay sky high rents. If London looses its place as a global financial centre, which is possible given the uncertainty over Brexit, then owners will struggle to find people able to afford the rentals.

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By *entaur_UK OP   Man  over a year ago

Cannock


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?

Why what?

Why would we be up shit creek?

Ok.

It's generally accepted that a large part of the high value property in the likes of London is bought for investment purposes mostly by buyers from the Middle and Far East. A lot of it is well out of the reach of UK buyers. If the owners decide that their property is no longer worth holding on to, they'll sell it.

The price of property will fall and have a knock on effect on the prices lower down in the market. That will, in turn, lead to the dangers of negative equity hence further up shit creek."

Property price fall would be good for less well off people particularly first time buyers. There is a silver lining to every cloud, but it seems remainers always look for the negative in everything while Brexiters are more optimistic and look for the positives.

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By *entaur_UK OP   Man  over a year ago

Cannock


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek."

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

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By *entaur_UK OP   Man  over a year ago

Cannock


"People invest here because they see it as a good place to invest, and to make money. That's the nature of business and investment.

Also announced yesterday was an inward flow of Hong Kong money into the South West Trains franchise."

Qatar said with the announcement yesterday that for them the UK is the number 1 investment destination and will most likely continue to be after Brexit. Qatar are extremely optimistic about the future of the UK outside of the EU. International trade secretary Liam Fox also revealed Qatar are the 16th country on the list who now want a trade deal with the UK after Brexit. He also said the government will be investing in the exports industry in the UK to maximise exports and trade to countries such as Qatar after Brexit.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?

Why what?

Why would we be up shit creek?

Ok.

It's generally accepted that a large part of the high value property in the likes of London is bought for investment purposes mostly by buyers from the Middle and Far East. A lot of it is well out of the reach of UK buyers. If the owners decide that their property is no longer worth holding on to, they'll sell it.

The price of property will fall and have a knock on effect on the prices lower down in the market. That will, in turn, lead to the dangers of negative equity hence further up shit creek.

Property price fall would be good for less well off people particularly first time buyers. There is a silver lining to every cloud, but it seems remainers always look for the negative in everything while Brexiters are more optimistic and look for the positives. "

I don't think you will find that the type of property that Qatar (Russians, Chinese, Saudis) are investing in within London is in the price ballpark of less well off people or first time buyers.....we are talking about a completely different type of real estate here.....but of course you know that already

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy. "

Yes, but at what price. What concerns me is the likes of Peugeot buying over Vauxhall plants. The head of Peugeot has gone on record saying the UK plants are safe AS LONG AS THEY REMAIN COMPETITIVE (not shouting, just stressing what was said).

What might it take for those plants to remain competitive? Lower wages? Longer hours? To me this just looks like the sell off of utilities under Thatcher. Selling off stuff on the cheap to make a quick buck only to find out you've lost control of everything.

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek."

Or the indigenous population might be able to afford to buy a house. It's the crazily inflated housing /property boom that has caused the deep divide in society that is the root of many of our current problems.

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By *entaur_UK OP   Man  over a year ago

Cannock


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?

Why what?

Why would we be up shit creek?

Ok.

It's generally accepted that a large part of the high value property in the likes of London is bought for investment purposes mostly by buyers from the Middle and Far East. A lot of it is well out of the reach of UK buyers. If the owners decide that their property is no longer worth holding on to, they'll sell it.

The price of property will fall and have a knock on effect on the prices lower down in the market. That will, in turn, lead to the dangers of negative equity hence further up shit creek.

Property price fall would be good for less well off people particularly first time buyers. There is a silver lining to every cloud, but it seems remainers always look for the negative in everything while Brexiters are more optimistic and look for the positives.

I don't think you will find that the type of property that Qatar (Russians, Chinese, Saudis) are investing in within London is in the price ballpark of less well off people or first time buyers.....we are talking about a completely different type of real estate here.....but of course you know that already"

Yeah but it was TinaS who said on an earlier post it would have a knock on effect lower down the market, which the less well off and first time buyers fall into. So yes I stick by what I said It would be a positive for the less well off and in particular first time buyers.

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By (user no longer on site)  over a year ago

*coughs* snuggling up to the fundamentalists and turning a blind eye now are we.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

Why?

Why what?

Why would we be up shit creek?

Ok.

It's generally accepted that a large part of the high value property in the likes of London is bought for investment purposes mostly by buyers from the Middle and Far East. A lot of it is well out of the reach of UK buyers. If the owners decide that their property is no longer worth holding on to, they'll sell it.

The price of property will fall and have a knock on effect on the prices lower down in the market. That will, in turn, lead to the dangers of negative equity hence further up shit creek.

Property price fall would be good for less well off people particularly first time buyers. There is a silver lining to every cloud, but it seems remainers always look for the negative in everything while Brexiters are more optimistic and look for the positives.

I don't think you will find that the type of property that Qatar (Russians, Chinese, Saudis) are investing in within London is in the price ballpark of less well off people or first time buyers.....we are talking about a completely different type of real estate here.....but of course you know that already

Yeah but it was TinaS who said on an earlier post it would have a knock on effect lower down the market, which the less well off and first time buyers fall into. So yes I stick by what I said It would be a positive for the less well off and in particular first time buyers. "

I think your inexperience in owning property in the capital is clearly evident....

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By (user no longer on site)  over a year ago

If all of the big investors in propert fucked off they would have to sell up, of corse they will still have to find buyers to actually sell up .

I can't see someone who invested billions in say a railway and all of the infrastructure and the sell it all for a loss

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By (user no longer on site)  over a year ago

How much of these investments are actually good for the uk I mean leavers go on about drop in the pound being good for export what they don't realise is that it also makes ftse companies cheaper to buy ..by overseas companies I mean how many major companies now are actually British? ...if you look at the American president he drives around in an American own and built car and look at our prime minster ? She drives round in a jaug which is oowned by the Indians..the leave campaign bus ? ..German ...where is the vast amount of profit going from these investments?

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By (user no longer on site)  over a year ago

No suprise who owns companies in the U.K. Foreign Owned:

Tate & Lyle

Thames Water

how many can we add?

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By (user no longer on site)  over a year ago


"How much of these investments are actually good for the uk I mean leavers go on about drop in the pound being good for export what they don't realise is that it also makes ftse companies cheaper to buy ..by overseas companies I mean how many major companies now are actually British? ...if you look at the American president he drives around in an American own and built car and look at our prime minster ? She drives round in a jaug which is oowned by the Indians..the leave campaign bus ? ..German ...where is the vast amount of profit going from these investments?"

The American president drives around in what equates to a tank weighs a couple of ton with all of that armour plating and bullet proof glass

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By (user no longer on site)  over a year ago


"How much of these investments are actually good for the uk I mean leavers go on about drop in the pound being good for export what they don't realise is that it also makes ftse companies cheaper to buy ..by overseas companies I mean how many major companies now are actually British? ...if you look at the American president he drives around in an American own and built car and look at our prime minster ? She drives round in a jaug which is oowned by the Indians..the leave campaign bus ? ..German ...where is the vast amount of profit going from these investments?"

So lets do something different. I know. Let's leave the EU

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By (user no longer on site)  over a year ago


"How much of these investments are actually good for the uk I mean leavers go on about drop in the pound being good for export what they don't realise is that it also makes ftse companies cheaper to buy ..by overseas companies I mean how many major companies now are actually British? ...if you look at the American president he drives around in an American own and built car and look at our prime minster ? She drives round in a jaug which is oowned by the Indians..the leave campaign bus ? ..German ...where is the vast amount of profit going from these investments?

So lets do something different. I know. Let's leave the EU "

leaving the EU won't change that ..the more I learn the more I find out that all these companies that you think make Britain great is actually foreign owned and making there country great brexit wouldn't change that

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By (user no longer on site)  over a year ago


"People invest here because they see it as a good place to invest, and to make money. That's the nature of business and investment.

Also announced yesterday was an inward flow of Hong Kong money into the South West Trains franchise."

ok so if they are investing here cuz good to make money where is the money coming from? ..the british consumers..where is the money going ...out of the country ..is that good for the economy?

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By (user no longer on site)  over a year ago


"How much of these investments are actually good for the uk I mean leavers go on about drop in the pound being good for export what they don't realise is that it also makes ftse companies cheaper to buy ..by overseas companies I mean how many major companies now are actually British? ...if you look at the American president he drives around in an American own and built car and look at our prime minster ? She drives round in a jaug which is oowned by the Indians..the leave campaign bus ? ..German ...where is the vast amount of profit going from these investments?

So lets do something different. I know. Let's leave the EU leaving the EU won't change that ..the more I learn the more I find out that all these companies that you think make Britain great is actually foreign owned and making there country great brexit wouldn't change that "

I know. But what will? It's the way of the world. Do you think British companies own or invest in nothing abroad?

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By (user no longer on site)  over a year ago


"How much of these investments are actually good for the uk I mean leavers go on about drop in the pound being good for export what they don't realise is that it also makes ftse companies cheaper to buy ..by overseas companies I mean how many major companies now are actually British? ...if you look at the American president he drives around in an American own and built car and look at our prime minster ? She drives round in a jaug which is oowned by the Indians..the leave campaign bus ? ..German ...where is the vast amount of profit going from these investments?

So lets do something different. I know. Let's leave the EU leaving the EU won't change that ..the more I learn the more I find out that all these companies that you think make Britain great is actually foreign owned and making there country great brexit wouldn't change that

I know. But what will? It's the way of the world. Do you think British companies own or invest in nothing abroad?"

Absolutely RIGHT British companies own foreign one's. My only concern is that should foreign companies own our Infrastructure?

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By *oncupiscentTonyMan  over a year ago

Kent


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy. "

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

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By *entaur_UK OP   Man  over a year ago

Cannock


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap."

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets. "

Any small cut in VAT on utilities would be negated by a rise in unit costs.....if you really believe the government is about to cut the tax take significantly then you are dreaming.

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By *oi_LucyCouple  over a year ago

Barbados


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets. "

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt

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By *oncupiscentTonyMan  over a year ago

Kent


"Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. "

I'd go check yer gas bill if I were you

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay

Why not drop the duty n petrol and diesel while they are at it?, that's not controlled by the EU....

It's all Pie in the sky

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By *oi_LucyCouple  over a year ago

Barbados


"Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by.

I'd go check yer gas bill if I were you"

I know heating oil is 5%. Is that in electric too? To be honest I've never actually checked.

-Matt

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By *entaur_UK OP   Man  over a year ago

Cannock


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt"

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

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By *oncupiscentTonyMan  over a year ago

Kent


"Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by.

I'd go check yer gas bill if I were you

I know heating oil is 5%. Is that in electric too? To be honest I've never actually checked.

-Matt"

Residential and charitable use is levied at 5% whether it's gas/electricity/heating oil/solid fuel.

Business use is levied at standard rate.

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By *oi_LucyCouple  over a year ago

Barbados


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU. "

Hahahahahahahahahahahahahahahah!

Oh, you actually STILL believe that?

-Matt

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By *oncupiscentTonyMan  over a year ago

Kent


"Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU."

"This time next year Rodders..."

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU. "

I do love the simplicity of the argument on the Leave side......it's bordering on the ridiculous

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By *LCCCouple  over a year ago

Cambridge


"

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU. "

How are we going to save £10bn a year when we only give them £6.5bn a year now when you include the money that they EU gives to things like UK universities for research? Also seeing as David Davis' special adviser thinks it's going to cost us £26bn a year and the treasury thinks it will cost even more than that! I know I know, you will say that's all project fear nonsense from Osbourne, but he's been gone for 9 months now, has the treasury come up with any new figures yet?

Also, lets not forget the £92bn that the UK has already spent on monetary and fiscal policy measures, and of course the £50-60bn divorce bill that's coming our way.

So let's give you brexiters the benefit of the doubt, lets be generous and use the lowest estimates, £92bn already spent, £50bn divorce so that's £142bn before we leave, and then £26bn a year, every year after that.

By 2029, the UK will have lost £402bn as a result of leaving the EU. Now lets ask ourselves where those £402bn of savings are going to come from, the richest in society, or the poorest in society?

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By (user no longer on site)  over a year ago


"

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

How are we going to save £10bn a year when we only give them £6.5bn a year now when you include the money that they EU gives to things like UK universities for research? Also seeing as David Davis' special adviser thinks it's going to cost us £26bn a year and the treasury thinks it will cost even more than that! I know I know, you will say that's all project fear nonsense from Osbourne, but he's been gone for 9 months now, has the treasury come up with any new figures yet?

Also, lets not forget the £92bn that the UK has already spent on monetary and fiscal policy measures, and of course the £50-60bn divorce bill that's coming our way.

So let's give you brexiters the benefit of the doubt, lets be generous and use the lowest estimates, £92bn already spent, £50bn divorce so that's £142bn before we leave, and then £26bn a year, every year after that.

By 2029, the UK will have lost £402bn as a result of leaving the EU. Now lets ask ourselves where those £402bn of savings are going to come from, the richest in society, or the poorest in society? "

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By *LCCCouple  over a year ago

Cambridge

[Removed by poster at 28/03/17 18:43:24]

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By *LCCCouple  over a year ago

Cambridge


"

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

How are we going to save £10bn a year when we only give them £6.5bn a year now when you include the money that they EU gives to things like UK universities for research? Also seeing as David Davis' special adviser thinks it's going to cost us £26bn a year and the treasury thinks it will cost even more than that! I know I know, you will say that's all project fear nonsense from Osbourne, but he's been gone for 9 months now, has the treasury come up with any new figures yet?

Also, lets not forget the £92bn that the UK has already spent on monetary and fiscal policy measures, and of course the £50-60bn divorce bill that's coming our way.

So let's give you brexiters the benefit of the doubt, lets be generous and use the lowest estimates, £92bn already spent, £50bn divorce so that's £142bn before we leave, and then £26bn a year, every year after that.

By 2029, the UK will have lost £402bn as a result of leaving the EU. Now lets ask ourselves where those £402bn of savings are going to come from, the richest in society, or the poorest in society?

"

You see, CandM know who's going to pay for it, and they are pissing themselves laughing about it.

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By (user no longer on site)  over a year ago


"

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

How are we going to save £10bn a year when we only give them £6.5bn a year now when you include the money that they EU gives to things like UK universities for research? Also seeing as David Davis' special adviser thinks it's going to cost us £26bn a year and the treasury thinks it will cost even more than that! I know I know, you will say that's all project fear nonsense from Osbourne, but he's been gone for 9 months now, has the treasury come up with any new figures yet?

Also, lets not forget the £92bn that the UK has already spent on monetary and fiscal policy measures, and of course the £50-60bn divorce bill that's coming our way.

So let's give you brexiters the benefit of the doubt, lets be generous and use the lowest estimates, £92bn already spent, £50bn divorce so that's £142bn before we leave, and then £26bn a year, every year after that.

By 2029, the UK will have lost £402bn as a result of leaving the EU. Now lets ask ourselves where those £402bn of savings are going to come from, the richest in society, or the poorest in society?

You see, CandM know who's going to pay for it, and they are pissing themselves laughing about it.

"

This monetary policy of which you speak? Is that the same monetary policy that the EU are currently using and will have run into trillions by the time it stops? Who is going to pay for that?

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By (user no longer on site)  over a year ago

Disgusting Regime !!!

We shouldn't take a Penny !

A country that uses slave labour to build Stadiums !

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By *entaur_UK OP   Man  over a year ago

Cannock


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

I do love the simplicity of the argument on the Leave side......it's bordering on the ridiculous"

What is ridiculous is the assumption on the Remain side that we will continue to pay vast sums of money to the EU after leaving. Teresa May, Boris Johnson, David Davis, Liam Fox, Philip Hammond and other members of the government have made it clear those payments will stop once we leave the EU.

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By *oi_LucyCouple  over a year ago

Barbados


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

I do love the simplicity of the argument on the Leave side......it's bordering on the ridiculous

What is ridiculous is the assumption on the Remain side that we will continue to pay vast sums of money to the EU after leaving. Teresa May, Boris Johnson, David Davis, Liam Fox, Philip Hammond and other members of the government have made it clear those payments will stop once we leave the EU. "

Even if you believe we would get out of any financial commitments we have to the EU that we have already agreed to, there is not going to be any savings. They will be eaten up by the costs to replace all the services we need to replace as we will no longer have access to them. Let alone the monumental cost of the actual leave process itself.

-Matt

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By *entaur_UK OP   Man  over a year ago

Cannock


"

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

How are we going to save £10bn a year when we only give them £6.5bn a year now when you include the money that they EU gives to things like UK universities for research? Also seeing as David Davis' special adviser thinks it's going to cost us £26bn a year and the treasury thinks it will cost even more than that! I know I know, you will say that's all project fear nonsense from Osbourne, but he's been gone for 9 months now, has the treasury come up with any new figures yet?

Also, lets not forget the £92bn that the UK has already spent on monetary and fiscal policy measures, and of course the £50-60bn divorce bill that's coming our way.

So let's give you brexiters the benefit of the doubt, lets be generous and use the lowest estimates, £92bn already spent, £50bn divorce so that's £142bn before we leave, and then £26bn a year, every year after that.

By 2029, the UK will have lost £402bn as a result of leaving the EU. Now lets ask ourselves where those £402bn of savings are going to come from, the richest in society, or the poorest in society? "

Said like the true EU lackey you are, give yourself a round of applause. And of course I'm going to say George Osborne's figures are nonsense simply because they are nonsense and many of his doom and gloom project fear predictions have already been debunked and failed to materialise.

Meanwhile back in the real world we have 40 years of EU membership under our belt during which time the UK has paid around £500 billion into the EU (past tense which is hard fact unlike your crystal ball gazing into the future). This UK money has gone towards paying for many assets in the EU which we will certainly be entitled to a share of when we leave. The rebate which Margaret Thatcher negotiated for Britain was given away by Tony Blair in return for certain EU reforms, which the EU never completed, on that basis we are fully entitled to that rebate to be paid in full now because the EU has not kept it's end of the bargain. Michael Gove and Boris Johnson have said on record the EU owes the UK a sizeable rebate when we leave. Rather than the UK being given a large bill by the EU, it could be the EU who is handed a large bill to pay from UK. In any case the House of Lords committee concluded in the event of no deal being reached the UK is not legally obliged to pay the EU a single penny upon leaving.

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By *LCCCouple  over a year ago

Cambridge


"

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

How are we going to save £10bn a year when we only give them £6.5bn a year now when you include the money that they EU gives to things like UK universities for research? Also seeing as David Davis' special adviser thinks it's going to cost us £26bn a year and the treasury thinks it will cost even more than that! I know I know, you will say that's all project fear nonsense from Osbourne, but he's been gone for 9 months now, has the treasury come up with any new figures yet?

Also, lets not forget the £92bn that the UK has already spent on monetary and fiscal policy measures, and of course the £50-60bn divorce bill that's coming our way.

So let's give you brexiters the benefit of the doubt, lets be generous and use the lowest estimates, £92bn already spent, £50bn divorce so that's £142bn before we leave, and then £26bn a year, every year after that.

By 2029, the UK will have lost £402bn as a result of leaving the EU. Now lets ask ourselves where those £402bn of savings are going to come from, the richest in society, or the poorest in society?

Said like the true EU lackey you are, give yourself a round of applause. And of course I'm going to say George Osborne's figures are nonsense simply because they are nonsense and many of his doom and gloom project fear predictions have already been debunked and failed to materialise.

Meanwhile back in the real world we have 40 years of EU membership under our belt during which time the UK has paid around £500 billion into the EU (past tense which is hard fact unlike your crystal ball gazing into the future). This UK money has gone towards paying for many assets in the EU which we will certainly be entitled to a share of when we leave. The rebate which Margaret Thatcher negotiated for Britain was given away by Tony Blair in return for certain EU reforms, which the EU never completed, on that basis we are fully entitled to that rebate to be paid in full now because the EU has not kept it's end of the bargain. Michael Gove and Boris Johnson have said on record the EU owes the UK a sizeable rebate when we leave. Rather than the UK being given a large bill by the EU, it could be the EU who is handed a large bill to pay from UK. In any case the House of Lords committee concluded in the event of no deal being reached the UK is not legally obliged to pay the EU a single penny upon leaving. "

But that same committee said that we are still going to pay it so that we get a good deal didn't they?

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By *ammskiMan  over a year ago

lytham st.annes

[Removed by poster at 30/03/17 22:46:33]

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU. "

£10bn/annum is less than 1.3% of our annual budget. Even if the figure were correct, it ain't gonna go far!

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By *hetalkingstoveMan  over a year ago

London


"Michael Gove and Boris Johnson have said on record the EU owes the UK a sizeable rebate when we leave. "

Thanks, I needed a laugh!

Wow, those two said something 'on the record'. Must be true then. They've never mislead anyone, after all.

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By *oi_LucyCouple  over a year ago

Barbados


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

£10bn/annum is less than 1.3% of our annual budget. Even if the figure were correct, it ain't gonna go far!"

Indeed, but the Leave campaign decided that the £350M would be a great scare tactic to use to get people to vote leave. And alas too many people were stupid enough to be taken in by it.

We are spending 1.3% of our GDP on shared services and membership of a political and economic union = bad!

Our currency drops 20% = *shrug* oh well it was overvalued anyway say the experts we said we don't believe in.

-Matt

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By (user no longer on site)  over a year ago


"What with our power generators being owned by the Chinese and French, car industry owned by the Japanese and now God knows what else being owned by the Qatatis we'll soon all be owned by the rest of the world.

Anybody got any ideas what will happen when the rest of the world gets hacked off with us and decides to pull the plug?

If the money is spent on transport, infrastructure and property they can hardly pick it up and take it away, lol.

That's a pretty big if. Furthermore, if all the middle eastern property owners decided to pull out of the UK, it would cause a crash in prices and then we'd be further up shit creek.

They can't pick up roads, railways and buildings and take them overseas, that is the point. If they decided to pull out for whatever reason the only option available to them would be to sell. If they want to sell there is always someone else looking to buy.

What, like with BMW and Rover?, do you see your gas bill coming down anytime soon now that the Chinese and Qatari state funds have taken a majority slice?, there's a difference between inward investment and buying up on the cheap.

If the government takes on board the recommendations put forward by vote Leave then yes I do see my gas bill coming down soon. As Michael Gove pointed out and recommended on behalf of vote Leave, when we leave the EU we can cut VAT on energy bills which would help the poorest in society. Currently as members of the EU the lowest VAT allowed on energy bills is 15%, those are the EU rules we have to abide by. Once we leave we can set VAT at what ever level we like, and Michael Gove recommended the government drop VAT below 15% on household energy bills which would put more money into people's pockets.

Again, why haven't they done this already if such a great idea? Why not drop VAT on energy from 20 to 15%? And if they are going to drop it further when we leave, what services will they cut to make up the tax income loss?

-Matt

Don't need to cut any services. We are going to make a huge saving of over £10 billion per year on EU membership fee which we will no longer be paying to the EU.

£10bn/annum is less than 1.3% of our annual budget. Even if the figure were correct, it ain't gonna go far!

Indeed, but the Leave campaign decided that the £350M would be a great scare tactic to use to get people to vote leave. And alas too many people were stupid enough to be taken in by it.

We are spending 1.3% of our GDP on shared services and membership of a political and economic union = bad!

Our currency drops 20% = *shrug* oh well it was overvalued anyway say the experts we said we don't believe in.

-Matt"

It's all a question of perception really. Taken out of context £350 m/week, £10bn/year seems like a lot of money. Once you take it as a percentage of a country's annual budget, it barely registers.

But if you're trying to sway a public, many of whom are on minimum wage, zero hours contracts and won't look any further than what they're being told, it's a handy sum to throw around.

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By *LCCCouple  over a year ago

Cambridge


"

Indeed, but the Leave campaign decided that the £350M would be a great scare tactic to use to get people to vote leave. And alas too many people were stupid enough to be taken in by it.

We are spending 1.3% of our GDP on shared services and membership of a political and economic union = bad!

Our currency drops 20% = *shrug* oh well it was overvalued anyway say the experts we said we don't believe in.

-Matt

It's all a question of perception really. Taken out of context £350 m/week, £10bn/year seems like a lot of money. Once you take it as a percentage of a country's annual budget, it barely registers.

But if you're trying to sway a public, many of whom are on minimum wage, zero hours contracts and won't look any further than what they're being told, it's a handy sum to throw around."

It blew a massive hole in the defence budget, yet still Leavers tell us it's a good thing, oh and let's not forget that they said there wouldn't be any negative impact on defence!

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