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Old 16-09-2016, 22:54   #1605
Ignitionnet
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Re: Post-Brexit Thread

Quote:
Originally Posted by martyh View Post
Whats so important about EEA membership ?
Full free market and financial passporting access, access to ERASMUS, EU research programmes, free movement for UK citizens within the EU come to mind immediately.

What's the fundamental objection to it if the terms are right?

---------- Post added at 22:44 ---------- Previous post was at 22:42 ----------

Quote:
Originally Posted by pip08456 View Post
Nothing.
Indeed. There are no benefits at all to the EEA just as there were none to the EU. The 48.1% who voted to remain are just morons.

---------- Post added at 22:45 ---------- Previous post was at 22:44 ----------

Quote:
Originally Posted by Chris View Post
Free movement of labour would be fine with me. We are going to continue to need immigration to fill certain positions in our economy, and doing it via the EEA in this way is a very straightforward way of doing it.

If it's handled well, it can be made to satisfy most moderates on both sides of the argument.
Absolutely. This would also be the least 'disruptive' way for us to leave the EU. Obviously we're going to, I'm not going to delude myself that we aren't, but if we can have a deal that's something like the best of both worlds, and acceptable to the majority of the UK it clearly makes sense to follow it.

---------- Post added at 22:54 ---------- Previous post was at 22:45 ----------

Quote:
Originally Posted by Damien View Post
So far it does appear we won't retain membership of the single market but maybe banks will get a deal (presumably in exchange for something): http://www.bloomberg.com/news/articl...cess-on-brexit
No idea why the Pound would drop on such news, I thought we had a glorious future in or out of the single market. David Davis, Boris Johnson and Liam Fox say so. Works great for me as I'm due a bonus paid in US Dollars at the end of the month but not so great for the economy.

UK based financial services might be able to get some access to the EU via equivalence of regulation, however companies have to meet an assessment ruled upon by a body we've no control over, based on rules we'll have no control over that can be changed through means we have no control over.

The thing I'm stuck on is what exactly we have to offer the EU in return for special considerations for our financial services industry? We have nothing they can't reciprocate in spades. We can certainly decide all the EU migrants here can't be here anymore, then enjoy the benefits as mostly healthy, employed, working age people leave the UK to be replaced by retirees. Beyond that, no idea.
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