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08-10-2019, 02:45 PM
11

Re: Britain paid just £150m a week to Europe

Originally Posted by Solasch ->
Read for yourself.

UK already up to £66bn poorer because of Brexit vote, study shows
https://www.independent.co.uk/news/u...-a9146386.html
According to the Hindipendent.
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08-10-2019, 03:05 PM
12

Re: Britain paid just £150m a week to Europe

Originally Posted by Solasch ->
Read for yourself.

UK already up to £66bn poorer because of Brexit vote, study shows
https://www.independent.co.uk/news/u...-a9146386.html
Oh dear ...
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08-10-2019, 03:07 PM
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Re: Britain paid just £150m a week to Europe

Originally Posted by Longdogs ->
According to the Hindipendent.
No, the Institute for Fiscal Studies, and gove just had to admit (with gritted teeth) they are largely right.
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08-10-2019, 03:20 PM
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Re: Britain paid just £150m a week to Europe

Productivity is way down but that is nothing to do with brexit of course.
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08-10-2019, 03:47 PM
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Re: Britain paid just £150m a week to Europe

Originally Posted by Purwell ->
Productivity is way down but that is nothing to do with brexit of course.
A lot of that is to do with employing people from the EU on low wages.
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08-10-2019, 03:51 PM
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Re: Britain paid just £150m a week to Europe

Originally Posted by Bread ->
A lot of that is to do with employing people from the EU on low wages.
No it isn’t.
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08-10-2019, 03:54 PM
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Re: Britain paid just £150m a week to Europe

Originally Posted by Purwell ->
No it isn’t.
Low wages means businesses employ low wage people instead of investing in machinery and automation. Look at how wages have stagnated in the UK over the years while low wage immigrants have come over to work here.

The weak pound has meant they are better off earning back in the Eurozone which is why we have seen a drop in the numbers coming here to work.

Low wage people are not as productive as automation.
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08-10-2019, 06:24 PM
18

Re: Britain paid just £150m a week to Europe

Originally Posted by Bread ->
A lot of that is to do with employing people from the EU on low wages.
It’s more like many of the hard working and productive EU labour has gone home
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08-10-2019, 06:27 PM
19

Re: Britain paid just £150m a week to Europe

Originally Posted by Bread ->
Low wages means businesses employ low wage people instead of investing in machinery and automation. Look at how wages have stagnated in the UK over the years while low wage immigrants have come over to work here.

The weak pound has meant they are better off earning back in the Eurozone which is why we have seen a drop in the numbers coming here to work.

Low wage people are not as productive as automation.
So what automation would this be that cheap labour stops companies investing in?
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08-10-2019, 06:31 PM
20

Re: Britain paid just £150m a week to Europe

Originally Posted by Banchory ->
So what automation would this be that cheap labour stops companies investing in?

Automation stuff ... AI Robotics IT integration etc
 
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