Will May Pay or Hope it Fades Away? £55b exit bill...

[Harry H]

It's all bloody spin. They say the bill will be £55b and it'll come out at £30b and we'll all be chuffed at what a good deal we got.

[anonymous-user]

So long as we get to put a toll fee on all European road projects since 1973, a rental income from all EU buildings used/built since 1973 and get to continue to benefit from all the investment in the project since 1973, then we can talk about it. The UK has an £11 Billion deposit in the European investment bank, that can come back to the UK exchequer too..

The UK has a lot of assets in this game, that side of the story wont get reported by the EU centric media though.

[stongle]

We're paying. Just got to make it look good and not give in too easily. Its what we get in return that's more important.

The only real problem will be the spin and drivel in the gutter press and self serving politicians grandstanding.

[Ziplobb]

Paying to leave a corrupt organisation that has repeated failed to gets its spending signed off year on year ? when my parents (and many of their generation) voted to enter the common market then did not vote for pensions to be paid out of future contributions cashflow. Issues like this (and there are many of them) are why I have never believed in the EU and why I think my childrens generation will be far better of without EU membership.

[wc98]

jsf said:

So long as we get to put a toll fee on all European road projects since 1973, a rental income from all EU buildings used/built since 1973 and get to continue to benefit from all the investment in the project since 1973, then we can talk about it. The UK has an £11 Billion deposit in the European investment bank, that can come back to the UK exchequer too..

The UK has a lot of assets in this game, that side of the story wont get reported by the EU centric media though.

something a remarkable amount of posters on here seem to forget as well.

[TEKNOPUG]

Does the £55bn include our 15% share of every single EU asset?

[Camoradi]

PurpleMoonlight said:

There is no funded pension scheme as far as I aware, pensions are paid from EU cashflow.

Pensions for all EU employees/MEP's were accrued while we were members so it is not unreasonable that we contribute to the future payment of those accrued benefits. Converting that long term liability into a lump sum is likely to be billions.

Perhaps we should just take on the liability for paying the retired UK MEPs and EU employees? A sort of TUPE for useless jobsworths. Then we can decide if the amounts paid are reasonable and adjust them accordingly.

[Murph7355]

Ziplobb said:

Paying to leave a corrupt organisation that has repeated failed to gets its spending signed off year on year ? when my parents (and many of their generation) voted to enter the common market then did not vote for pensions to be paid out of future contributions cashflow. Issues like this (and there are many of them) are why I have never believed in the EU and why I think my childrens generation will be far better of without EU membership.

Sometimes it's better to take a hit on the chin to be away from further pain. As long as there's some sense to it, then we should embrace it. Stongle is spot on.

If your parents are collecting a state pension now then they are benefitting from exactly the same system btw. So tell them to be wary of hypocrisy Our govt will kick up the least stink on that aspect as it will too readily shine a bad light on their own provisions.

[Mrr T]

Murph7355 said:

Ziplobb said:

Paying to leave a corrupt organisation that has repeated failed to gets its spending signed off year on year ? when my parents (and many of their generation) voted to enter the common market then did not vote for pensions to be paid out of future contributions cashflow. Issues like this (and there are many of them) are why I have never believed in the EU and why I think my childrens generation will be far better of without EU membership.

Sometimes it's better to take a hit on the chin to be away from further pain. As long as there's some sense to it, then we should embrace it. Stongle is spot on.

If your parents are collecting a state pension now then they are benefitting from exactly the same system btw. So tell them to be wary of hypocrisy Our govt will kick up the least stink on that aspect as it will too readily shine a bad light on their own provisions.

A breakdown and general discussion on the bill:

https://www.instituteforgovernment.org.uk/node/468...

[AC43]

hyphen said:

Usual stuff.
the world will continue to turn.

You about that? I thought we'd voted to do back to the flat earth model.

[Murph7355]

Mrr T said:

A breakdown and general discussion on the bill:

https://www.instituteforgovernment.org.uk/node/468...

Ta. I posted a similar one a few weeks ago. It all makes sense and will all be down to negotiating.

Barnet wants this (and, ironically, the status of nationals abroad. Hallelujah) discussed first. I'd be happy with that. As long as it was clear that any payment is not distinct from a decent deal. All these things are interlinked.

[B'stard Child]

MYOB said:

I think the UK has to pay otherwise the EU will not allow its members to negotiate trade agreements with the UK after the "divorce".

It's members can't negotiate trade agreements - that's what the EU itself does (taking many years to do so)

[anonymous-user]

I was of the understanding that there is no basis in EU law for this exit bill to be enforceable?

£50bn, sounds ok, "fifty thousand million pounds" sounds like an awful lot and they should be told to get to feck! IMO

[sidicks]

AC43 said:

You about that? I thought we'd voted to do back to the flat earth model.

As ever, your thoughts (if they can credibly be called such things) are wrong.

[paulrockliffe]

TEKNOPUG said:

Does the £55bn include our 15% share of every single EU asset?

No, of course not. The elephant in this particular room.

I've not done the maths, but bearing in mind our contributory rate, I suspect we're owed rather a lot. Probably best to take it in cash now rather than expecting there to be an EU to pay rent long into the future.

[MYOB]

B'stard Child said:

It's members can't negotiate trade agreements - that's what the EU itself does (taking many years to do so)

Duh, you're correct and I ought to know better!

[johnxjsc1985]

quoted earlier today we have paid in a £12 billion surplus so when do we get our Refund. How are the EU going to plug the gap ?.

[B'stard Child]

MYOB said:

B'stard Child said:

It's members can't negotiate trade agreements - that's what the EU itself does (taking many years to do so)

Duh, you're correct and I ought to know better!

no harm done

[joshcowin]

Reading this just shows me how inept the government and EU are.

Will be interesting watching this unfold, I wonder if any fraud will be discovered during these deals and negotiations? (on both sides)

[Smollet]

digimeistter said:

I was of the understanding that there is no basis in EU law for this exit bill to be enforceable?

£50bn, sounds ok, "fifty thousand million pounds" sounds like an awful lot and they should be told to get to feck! IMO