It's about paying hotel bills for men that have travelled here from Afghanistan, Albania, Iran etc (£6 million a day as Shotshy says). We haven't been helping actual poor in 3rd world countries for years, that money has been redirected. Don't know where the "political influence" is there?
You genuinely believe that the U.K. had more money from the EU than it paid in?
I'm not talking about the budget; I'm talking about aid, of which we received in excess of £6billion a year,
Sorry but this is such economic rubbish at so many levels. There’s yet to be a clear analysis of the additional costs that we’ve incurred since leaving. We once contributed through the budget to things like the European Medicines Agency. Now we have had to replicate its cost rather than pay a contribution towards the total. Add to that all the other agencies we are having to replicate. It’s the reverse of why things are done on a cooperative basis to save costs. We’ve deliberately incurred additional costs. And of course the biggie is that by erecting trade barriers, the contributions are completely dwarfed by the costs in lost growth. We are still at the bottom of the post Covid recovery economic growth league. Brexiteers love to point at Germany and say “look our growth is bigger”. Indeed it is but as our GDP fell far further than theirs then that’s what you’d expect but still we haven’t got close to Germany’s recovery levels. If you’re trying to deny that the UK is suffering then take a look at our public services compared to our EU counterparts. Take a walk down a typical British high street then visit one in Germany or France or Belgium or the Netherlands. Take a look at the way the arts are suffering here. Take a look at the state of the NHS compared with continental health services. Take a look at the cost and availability of public transport here and on the continent. If there is all this cash that we had the sense not to send to the EU surely everything would be fine. Otherwise, why does it seem like we haven’t got two brass farthings fir anything. Something seriously doesn’t add up in your logic and the polls suggest that people are coming to realise what that is. Brexit,
And we’ve replaced a fraction of that because of the state of the economy. We are still at the bottom of the post Covid recovery league table.How do you work that out ?
In the last years we paid around £15-£17 billion net to the EU (after rebate).
The EU spent around £8-£10 billion in the UK....on projects approved by the EU.
That seems like a net outflow to me.
I think it’s not as simple as that. I think everyone would agree that we would like not to be spending Foreign Aid in India but it remains a fact that some of the worst poverty levels are to be found on the sub continent. Yet there is probably agreement that economic growth is the way to get development and reduce those poverty levels. India is using technology as the way to kick start growth. While it does so, and I presume people would want them to succeed in that, would it be right to ignore the immediate needs of those in dire poverty that India is currently unable to deal with. Or should we say to India, drop your plans to get economic growth going and simply use that money to alleviate some of the poverty now. That seems to me to be very shortsighted.
In 2022 the Ukraine war greatly exaggerated the UK export figures by including gas that was traded on the London exchange. This was merely a ‘pass through’ for which the UK gained no monetary benefit.
Oh!
So no broker, Exchange fees or traders' margin then ?
Please link to this "Covid recovery league table".
the sheep of the world governed by the wolves, always were & still are .....
