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Brexit fee vs Disney acquisition cost

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

Doesn't seem so bad now, does it?

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


"Doesn't seem so bad now, does it?"
if buy that you mean paying money that you didnt have to pay to get soveingty that you already had ..then yea sure dosent seem that bad ..just stupid

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

Well that's a hard one. As far as I understand, the UK is only paying towards the EU projects that it has already committed to. At the end of the day we pay almost £20bn a year to be an EU member anyway, so I don't believe we are being fleeced to leave.

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By *LCCCouple  over a year ago

Cambridge


"Doesn't seem so bad now, does it? if buy that you mean paying money that you didnt have to pay to get soveingty that you already had ..then yea sure dosent seem that bad ..just stupid "

But Disney buying Fox is a one off payment. David Davis's special adviser says Brexit is going to cost the UK £76bn a year in lost GDP, EVERY YEAR. So Brexit is going to dwarf the cost of Disney buying Fox.

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By *LCCCouple  over a year ago

Cambridge


"Well that's a hard one. As far as I understand, the UK is only paying towards the EU projects that it has already committed to. At the end of the day we pay almost £20bn a year to be an EU member anyway, so I don't believe we are being fleeced to leave."

No, we pay about £6.5bn when you include the money given to the government, the rebate, and the money the EU gives to private instututions.

Plus, we get around £9.5bn of investment from the EU Development Bank each year. If you include that investment, we get more than we put in.

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By *entaur_UKMan  over a year ago

Cannock


"Well that's a hard one. As far as I understand, the UK is only paying towards the EU projects that it has already committed to. At the end of the day we pay almost £20bn a year to be an EU member anyway, so I don't believe we are being fleeced to leave.

No, we pay about £6.5bn when you include the money given to the government, the rebate, and the money the EU gives to private instututions.

Plus, we get around £9.5bn of investment from the EU Development Bank each year. If you include that investment, we get more than we put in. "

That's False according to the Fullfact europe website. I quote directly from the Fullfact europe website here, published on 9th November 2017....

"The UK pays more into the EU budget than it gets back.

In 2016 the UK government paid £13.1 billion to the EU budget and EU spending on the UK was forecast to be £4.5 billion. So the UK's net contribution was estimated at about £8.6 billion.

Each year the UK gets a discount on its contributions to the EU - the rebate - worth almost £4 billion last year. Without it the UK would have been liable for £17 billion in contributions".

These figures also tally with HM Treasury, European Union Finances 2016, table.

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By *LCCCouple  over a year ago

Cambridge


"Well that's a hard one. As far as I understand, the UK is only paying towards the EU projects that it has already committed to. At the end of the day we pay almost £20bn a year to be an EU member anyway, so I don't believe we are being fleeced to leave.

No, we pay about £6.5bn when you include the money given to the government, the rebate, and the money the EU gives to private instututions.

Plus, we get around £9.5bn of investment from the EU Development Bank each year. If you include that investment, we get more than we put in.

That's False according to the Fullfact europe website. I quote directly from the Fullfact europe website here, published on 9th November 2017....

"The UK pays more into the EU budget than it gets back.

In 2016 the UK government paid £13.1 billion to the EU budget and EU spending on the UK was forecast to be £4.5 billion. So the UK's net contribution was estimated at about £8.6 billion.

Each year the UK gets a discount on its contributions to the EU - the rebate - worth almost £4 billion last year. Without it the UK would have been liable for £17 billion in contributions".

These figures also tally with HM Treasury, European Union Finances 2016, table. "

You've ignored the money paid to the private sector, and ignore investment from the investment bank.

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By *ercuryMan  over a year ago

Grantham


"Well that's a hard one. As far as I understand, the UK is only paying towards the EU projects that it has already committed to. At the end of the day we pay almost £20bn a year to be an EU member anyway, so I don't believe we are being fleeced to leave.

No, we pay about £6.5bn when you include the money given to the government, the rebate, and the money the EU gives to private instututions.

Plus, we get around £9.5bn of investment from the EU Development Bank each year. If you include that investment, we get more than we put in. "

Pardon my ignorance, but what is the EU Development Bank?

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By *entaur_UKMan  over a year ago

Cannock


"Well that's a hard one. As far as I understand, the UK is only paying towards the EU projects that it has already committed to. At the end of the day we pay almost £20bn a year to be an EU member anyway, so I don't believe we are being fleeced to leave.

No, we pay about £6.5bn when you include the money given to the government, the rebate, and the money the EU gives to private instututions.

Plus, we get around £9.5bn of investment from the EU Development Bank each year. If you include that investment, we get more than we put in.

That's False according to the Fullfact europe website. I quote directly from the Fullfact europe website here, published on 9th November 2017....

"The UK pays more into the EU budget than it gets back.

In 2016 the UK government paid £13.1 billion to the EU budget and EU spending on the UK was forecast to be £4.5 billion. So the UK's net contribution was estimated at about £8.6 billion.

Each year the UK gets a discount on its contributions to the EU - the rebate - worth almost £4 billion last year. Without it the UK would have been liable for £17 billion in contributions".

These figures also tally with HM Treasury, European Union Finances 2016, table.

You've ignored the money paid to the private sector, and ignore investment from the investment bank. "

Ah well if you're going to start adding in other variables then you've ignored the payments to EU institutions by UK households which are listed in the Office for National statistics (ONS) Pink book which would push the UK's annual payments to the EU upto around £20 billion. The figures can be massaged in either direction, either up or down by adding in other variables, so i prefer to stick to the official Fullfact figure that the UK pays the EU an annual net contribution figure of around £8.6 billion.

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By *LCCCouple  over a year ago

Cambridge


"Well that's a hard one. As far as I understand, the UK is only paying towards the EU projects that it has already committed to. At the end of the day we pay almost £20bn a year to be an EU member anyway, so I don't believe we are being fleeced to leave.

No, we pay about £6.5bn when you include the money given to the government, the rebate, and the money the EU gives to private instututions.

Plus, we get around £9.5bn of investment from the EU Development Bank each year. If you include that investment, we get more than we put in.

That's False according to the Fullfact europe website. I quote directly from the Fullfact europe website here, published on 9th November 2017....

"The UK pays more into the EU budget than it gets back.

In 2016 the UK government paid £13.1 billion to the EU budget and EU spending on the UK was forecast to be £4.5 billion. So the UK's net contribution was estimated at about £8.6 billion.

Each year the UK gets a discount on its contributions to the EU - the rebate - worth almost £4 billion last year. Without it the UK would have been liable for £17 billion in contributions".

These figures also tally with HM Treasury, European Union Finances 2016, table.

You've ignored the money paid to the private sector, and ignore investment from the investment bank.

Ah well if you're going to start adding in other variables then you've ignored the payments to EU institutions by UK households which are listed in the Office for National statistics (ONS) Pink book which would push the UK's annual payments to the EU upto around £20 billion. The figures can be massaged in either direction, either up or down by adding in other variables, so i prefer to stick to the official Fullfact figure that the UK pays the EU an annual net contribution figure of around £8.6 billion. "

What payment has your household paid to an EU institution in the last 12 months?

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By *xplicitlyricsMan  over a year ago

south dublin


"Well that's a hard one. As far as I understand, the UK is only paying towards the EU projects that it has already committed to. At the end of the day we pay almost £20bn a year to be an EU member anyway, so I don't believe we are being fleeced to leave.

No, we pay about £6.5bn when you include the money given to the government, the rebate, and the money the EU gives to private instututions.

Plus, we get around £9.5bn of investment from the EU Development Bank each year. If you include that investment, we get more than we put in.

That's False according to the Fullfact europe website. I quote directly from the Fullfact europe website here, published on 9th November 2017....

"The UK pays more into the EU budget than it gets back.

In 2016 the UK government paid £13.1 billion to the EU budget and EU spending on the UK was forecast to be £4.5 billion. So the UK's net contribution was estimated at about £8.6 billion.

Each year the UK gets a discount on its contributions to the EU - the rebate - worth almost £4 billion last year. Without it the UK would have been liable for £17 billion in contributions".

These figures also tally with HM Treasury, European Union Finances 2016, table.

You've ignored the money paid to the private sector, and ignore investment from the investment bank. "

And the EU covers £1 billion of the UKs pledged foreign aid as well which the UK will now be liable for.

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