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By *oo hot OP Couple
over a year ago
North West |
Today Michel Barnier put the UK and its handful of Brextremists on notice. An FTA with the EU is possible but with conditions. The most notable of which are:
No divergence from existing regulatory frameworks
No hard border with NI and even as far as suggesting NI stays in SM and CU
He also confirmed that there will be no post Brexit passporting rights.
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By (user no longer on site)
over a year ago
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In 2016, financial and insurance services contributed £124.2 billion in gross value added (GVA) to the UK economy, 7.2% of the UK’s total GVA. London accounted for 51% of the total financial and insurance sector GVA in the UK in 2015. There are over one million jobs in the financial and insurance sector (3.1% of all UK jobs). The UK had a surplus of over £60 billion on trade in the financial and insurance sectors in 2016. In 2015-16, the banking sector alone contributed £24.4 billion to UK tax receipts in corporation tax, income tax, national insurance and through the bank levy. |
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By (user no longer on site)
over a year ago
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"In 2016, financial and insurance services contributed £124.2 billion in gross value added (GVA) to the UK economy, 7.2% of the UK’s total GVA. London accounted for 51% of the total financial and insurance sector GVA in the UK in 2015. There are over one million jobs in the financial and insurance sector (3.1% of all UK jobs). The UK had a surplus of over £60 billion on trade in the financial and insurance sectors in 2016. In 2015-16, the banking sector alone contributed £24.4 billion to UK tax receipts in corporation tax, income tax, national insurance and through the bank levy."
and your own words on this matter ? |
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By (user no longer on site)
over a year ago
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I think what hasn't been grasped by a large percentage of the UK, (including politicians) is that Article 50 was designed primarily to prevent anyone ever leaving. It was designed to make leaving as difficult as possible, so much so nobody would ever leave. It's complicated and technical and it was written by a BRIT! |
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"In 2016, financial and insurance services contributed £124.2 billion in gross value added (GVA) to the UK economy, 7.2% of the UK’s total GVA. London accounted for 51% of the total financial and insurance sector GVA in the UK in 2015. There are over one million jobs in the financial and insurance sector (3.1% of all UK jobs). The UK had a surplus of over £60 billion on trade in the financial and insurance sectors in 2016. In 2015-16, the banking sector alone contributed £24.4 billion to UK tax receipts in corporation tax, income tax, national insurance and through the bank levy."
That is a mixed bunch of facts, some of which relates to domestic trade and some relates to eu export trade.
What are the tax receipts due to this trade with the eu?
Genuine question. |
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By (user no longer on site)
over a year ago
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"Today Michel Barnier put the UK and its handful of Brextremists on notice. An FTA with the EU is possible but with conditions. The most notable of which are:
No divergence from existing regulatory frameworks
No hard border with NI and even as far as suggesting NI stays in SM and CU
He also confirmed that there will be no post Brexit passporting rights.
"
Any trade agreement needs compliance with regulatory frameworks...which we already have. No change there.
No hard border with Eire..... same again. Always been the case.
Passporting rights have, as I understand, always been up for discussion as part of the trade deal.
What we need is some kind of “invoice” from the EU so that the exit “bill” can be progressed.
Currently both sides stuck....May saying 20 billion but not saying where we got the figure from.
EU saying many things 50? 60? But not giving any kind of clue what it’s for.
Rather like a waiter in a restaurant bringing you a blank bill with nowt but a total amount on it.
BOTH sides need to stop dicking about! |
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By (user no longer on site)
over a year ago
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"In 2016, financial and insurance services contributed £124.2 billion in gross value added (GVA) to the UK economy, 7.2% of the UK’s total GVA. London accounted for 51% of the total financial and insurance sector GVA in the UK in 2015. There are over one million jobs in the financial and insurance sector (3.1% of all UK jobs). The UK had a surplus of over £60 billion on trade in the financial and insurance sectors in 2016. In 2015-16, the banking sector alone contributed £24.4 billion to UK tax receipts in corporation tax, income tax, national insurance and through the bank levy.
and your own words on this matter ?"
I'm just wondering if theses figures are broken down how much of it is uk market , I mean not related to Europe or other countries outside of the eu ,
Will the uk need trade agreements with the likes of the US in place for to allow the banking sector to continue to trade , it will be part of an eu trade deal I know that bit ,
But the rest of the world ??? |
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