Re: The Brexit Doom Continues.
Originally Posted by
Bread
->
Nope
We get nothing back from the cohesion fund - check it out. Secondly we are a net contributor- either you dont understand what this means or your maths is worse than Diane Abbotts
We get no EU funding for our railways even though we have Victorian infrastructure in some parts of our track. There is no EU funding for HS2 either even though we fund Polands underground railways (for example)
The UK is the fastest growing economy of the 28 Member States ... despite Brexit. A lot of that has down to foreign investment which happened since the referendum. The figures are calculated quarterly and by fiscal year.
Why do you peddle fake news?
https://ec.europa.eu/regional_policy...united-kingdom
Cohesion funds were allocated and used
As for railway investment, best you stick to talking about treatments for piles
https://ec.europa.eu/unitedkingdom/n...-eu-funding_en
The Ashford Spurs project has been completed as have many others. The list in the link above is obviously not exhaustive as the EU also funded a major signalling project in Cornwall
I thought the jaded old “Net Contributor” argument only fooled idiots. If you only use infant school maths and just consider what we pay in minus what we get back in direct grants and rebates then you might think we pay in more than we get out. However life and economics are not as simple as that and you need to consider the financial contributions derived from membership of the EU such as the tax receipts generated by passporting of financial sector
Yes we were the fastest growing economy and doing very well as a member of the EU but, since the referendum investment has been slowing. There have been pockets of foreign investment but generally the outlook doesn’t look good if the rumblings of industry are to be believed and there is talk of recession if there is a no deal Brexit