Re: Not hard or soft but "open" Brexit
Hi
Democracy comes with a price.
First the Brexit Bill, we have to pay, if we do not we will have defaulted on an InternationaL Agreement.
Our Interest Payments, currently over £40 Billion a year, will increase.
We will find it exceedingly difficult to borrow any more money and we are currently borrowing £52 billion a year just to pay for Government Spending.
How much the Brexit Bill is, is down to the skill of our negotiators.
If we do nor pay the Brexit Bill we can say goodbye to any new trade deals with the rest of the world, they simply will not trust us.
We are leaving the Single Market, that means no deals on Sevices, which are the vast amount of our Exports to the EU.
The WTO Rules only cover goods, services are specifically excluded.
We will lose in excess of £20 Billion a year in tax from the Financial Services we currently supply to the EU.
Our current net contribution to the EU is a bit less than £9 Billion.
Adding it up, we are losing around £9 Billion a year net.
That does not include any increase in interest rates on Government Debt.
When we leave the EU, we leave all the EU Trade Deals they have done and we are part of.
There are around 80 of these.
These disappear automatically and immediately.
The first thing we must do is ask, nicely, if we can continue to be part of these deals, not ask the EU, but ask each Country outside the EU these deals were done with.
The EU is a much bigger Market than the UK is, we may not get them all, or on the same terms.
After we have done that, we negotiate new trade deals.
It is a fact of life that these take years.
To control Immigration, we need to train people in areas where have skills shortages.
An example is Nurses.
We have just stop Bursaries for Nurses, we going to be training less not more.
My Local NHS Trust is paying £1.4 Million a month for agency nurses to cover shortages.
That is enough to give 560 youngsters £30,000 each to train as nurses every year.
This just one small NHS Trust.
This is absolute madness.
The cost of leaving in the way the Government wants, the way many voted for, the Red Lines, is quite simple.
A freeze on all Benefits, including Pensions, for a minimum of 5 years and an increase in Income Tax and NI Contributions of 2%.
I knew that when I voted to leave, I took a conscious decision that it was worth it.
I did not, for one minute, believe that the UK would save money, I did not fall for the blatant lie that was the £350 Million a week Battlebus.
My two kids, far more intelligent than me, voted to remain, they were quite happy with the EU.
They are both now abroad.
My son in Taiwan.
My daughter is very bright, a tax accountant.
She is earning a fortune moving a very big International Bank out of the UK into the EU.
The loss of income to the UK from moving this one bank abroad will be massive.
Unfortunately I am not in touch with her.
My son is.
She is earning a fortune from Brexit.
She still likes the UK as a place to have a base.
She has had an advance on her pay, enough to buy a house with land for her horses in the Cotswolds.
She no longer pays any Income Tax here in the UK.