Quote:
Originally Posted by Ignitionnet
Lowering corporation tax is an attempt to ensure businesses stay in the UK to offset recent events alongside our likely leaving the single market. It's not a negotiating position any more than the expected interest rate reduction to zero.
The EU won't be bothered by our corporation tax rate especially. They were bothered by Ireland's as it's within the Eurozone and EEA, while the likeliest course of events for right now seems to be that we won't be in the EEA due to opposition to freedom of movement.
If anything it'll be seen as the start of leaving rather than any negotiation. Beginning a divergence from the EU.
Where the money for Crabb's investment is coming from is in the article - borrowing.
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What you don't think the EU will bring theirs down as it will likely attract investment in the UK? Surely the logical step would be for them to do likewise?
Theresa May will try and keep us in the single market even if it means freedom of movement. Hope she won't get in. this was said on breakfast this morning.
---------- Post added at 11:45 ---------- Previous post was at 11:33 ----------
Quote:
Originally Posted by mrmistoffelees
The upper class or rich in Middlesbrough.... So are these people already here? Or are they moving in from out of the area, regardless it's money being pumped into the local economy.
There are major developments in Easington, Peterlee and Wheatley Hill also which means money will be spent on the economy,
Look at the expenditure on Stockton High Street for example, again improvement for people in all walks of life. Sunderland, the money spent on the sea front
Middlesbrough is not without it's faults, however to class as a ghost town for the working class and poor simply isn't true.
How would you, regenerate the areas?
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There are employers here yes but they take on staff through agencies on 0 hours contracts. My 2 lads were on this and didn't get a contract for aver a year, well one of them so some do get jobs. As to regenerating these areas you have to entice firms into the area and they ain't gonna come to these areas unless there is an incentive to do so which means better infrastructure and rail and roads. Yes we have the A1, A1(M) and A19 but these all need seriously upgraded specially the A1 and A19 to make it easier for transport to get here. We need to build more new affordable housing for renting or buying or regenerate the older ones for families to live in and we need jobs for them to go to like engineering, manufacturing and encourage small business to take off.
There is a train now runs from Sunderland to London instead of having to go to Newcastle but they are few and far between. These lines need upgraded, never mind HS2. They already have connecting lines to other main cities whereas we do not unless you go to Newcastle.
Only in this way will industry and other business be attracted to this area. I take it you're from the Boro so you'll know what I'm talking about.
---------- Post added at 11:51 ---------- Previous post was at 11:45 ----------
Quote:
Originally Posted by Ignitionnet
Yes, I've seen it.
The law is the law. Given how divisive all this has been the last thing we need is the button to be pushed with the resulting fallout, then for us to be told it wasn't actually legal and it all gets dredged up again.
If this case prevents that from happening I'm fine with it.
We are where we are and I'm sure most have had quite enough of the accusations, anger, gloating, immodesty and all the rest of the bad sides of our characters that this has exposed.
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Parliament made the mistake by not stipulating that the result had to have a certain percentage before it could be legal say 55%-45% or even 60%-40%. They didn't so majority rules. I believe they did it in 79 when Scotland wanted an assembly then and it failed though more were in favour than against. Some Labour MP said it had to be 2/3 or something but they fell short. Get used to it we will be out one way or another. I think there is some act from 72 that they could use too would have to research it.