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Old 22-03-2016, 15:30   #974
Damien
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by Osem View Post
The deal wouldn't have to be as good because we'd be saving countless millions by not having to help subsidise the EU as we currently do and because businesses in the UK would no longer be bound by EU rules whether they trade with Europe or not.
When we're talking about stuff like that though how much is £10 or so billion in the grand scheme of things? Didn't tax receipts drop like £200 billion in 2008? A quick Google shows that £25 billion was lost because of a projection error. I don't think we would have to see too much of a drop before we've cancelled out the savings even before we take into account that the headline figure doesn't include the subsidies.

Also the companies that trade with the EU will still be bound by their regulations.

Quote:
Binding ourselves to a stagnating EU will only mean we pay more for the privilege of being in the club whilst at the same time being derided for being there. If the EU wants access to the UK's markets then they'll have to allow us to access theirs and since Germany calls most of the shots I can see the EU tail wagging the German dog for long.
Well as I said I think we'll 'have access'. They can't penalize us under WTO rules. It's if the access is as good as it is now that is my concern.
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