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UK's £50bn Brexit “divorce bill”: follow the example of PM Thatcher, says Boris
Boris Johnson has told the BBC that Britain should reject any EU demands for a £50bn “exit bill” and follow the example of former PM Margaret Thatcher. It has been reported that EU negotiator Michel Barnier has said the UK must continue to pay into the EU until 2020. Read full article
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Disclaimer & comment rules“ When you sign on for a contract, you commit yourself to participation ” Exactly correct and when you leave a contract you do NOT keep paying. I am sure that some of the projects that we signed up for will be honoured by the UK but we will not be paying for all the pensions of all the numpties in Brussels. I think that Mrs May ought to say to the EU, when you audit the Eu's accounts we will look at it with dismay, dispondacy or even disdain.But alas the EU WIL NOT publish anything that would destroy the gravy train.
Mar 13th, 2017 - 04:51 pm - Link - Report abuse 0Contract ends when we leave.
Mar 13th, 2017 - 06:29 pm - Link - Report abuse +1http://www.bbc.co.uk/news/uk-politics-39154218
“if agreement is not reached, all EU law - including provisions concerning ongoing financial contributions and machinery for adjudication - will cease to apply, and the UK would be subject to no enforceable obligation to make any financial contribution at all,”
Going to piss on Mr Barnier’s fireworks, expect the EU side to walk out in the first week of negotiations, they don’t have a case legally, bluff bluster and hold up any trade deal are their only cards.
Problem is no deal hurts them just as much, more in certain areas like German car makers 8% tariff, French and Spanish Agriculture 30-40% tariffs in one of their biggest export markets.
Trillions in finical instruments sourced in London.
French fishermen will all but cease to exist, 80% of the fish landed by the Normandy fleet come from UK waters.
Responsibility for paying EU salaries and pensions rest solely with the EU annual budget, where it is the MEMBERS responsibility to pay their contributions to the budget. MEMBERS being the pertinent word here, no mention of ex members note.
Under the Lisbon Treaty, the EU became a legal entity in its own right, able to act independently in international affairs and responsible for its financial decisions.
A separate “legal personality” responsible for settling its own debts and its own pension contracts.
“At the time the UK was then the third poorest member of the Community but was on course to become the biggest net contributor to the EU budget.”
Mar 13th, 2017 - 09:29 pm - Link - Report abuse 0Wait, wasn't it that the UK was doing terribly inside the EU? They were third poorest? Geez. (and even worse before in the 1970s when they had to be bailed out by the IMF).
Doesn't make sense they are less poor now if they did so badly under the yolk of Brussels and Berlin.
@AustrOllOpithecus
Mar 13th, 2017 - 10:33 pm - Link - Report abuse 0Think you'll find most people here credit Thatcher with changing the UK's fortunes, not EU membership.
Besides, an awful lot of poorer countries have joined since then. I just looked up some stats; of the 10 countries who were EEC members in 1984, the UK has 4th lowest GDP per capita today. So maybe things have not really changed that much after all.
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