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IT'S OFFICIAL: Britain's EU membership will leave us all £20,000 POORER by 2020

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Phoenix One UK

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EU referendum: A Brexit would make average Briton $30,000 better off by 2020, says report

The average UK citizen could be $30,000 (£21,000) better off by 2020 than they are today if Britain voted to leave the EU, research by New World Wealth (NWW) has claimed.

EU referendum: A Brexit would make average Briton $30,000 better off by 2020, says report | City A.M.
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IT'S OFFICIAL: Britain's EU membership will leave us all £20,000 POORER by 2020

BEING part of the European Union (EU) will make every person in Britain £20,000 POORER over the next four years, a bombshell report has revealed today.

Financial experts have found that continuing our tie with Brussels will cost YOU an astonishing £4,000 by 2020.

But leaving the European project would boost average earnings by a pocket-busting £18,000 during the same period.

The landmark report, by top financiers New World Wealth (NWW), blows David Cameron's claims that Britons will be better off in the EU out of the water.

It shows that instead the Brussels project is holding us back in the form of uncontrolled immigration, suffocating red tape and despotic restrictions on tax and trade reforms.

Brexit: Britain's EU membership is making British workers £20,000 poorer, study says | UK | News | Daily Express
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The first article quoted was published by City AM on 22 March 2016, the second by Express on 23 March 2016 (today). Both refer to same report made by "New World Wealth".

Though I would question any financial report regardless of which side of Brexit debate it supports, the one thing Europhiles and critics would have difficulty in disputing is Brussels project is holding us back in the form of uncontrolled immigration, suffocating red tape and despotic restrictions on tax and trade reforms.

The point with regard Brexit would result in downturn in investment had already be blown out of the water given I had quoted a number of industries that are moving their HQ to UK regardless of whether or not the UK remained a member state of EU. These included Boeing, Avon, and Honda.

The issue regarding uncontrolled immigration needs no further mention given this point continues to attract headlines on daily basis.

The issue with regard EU rules/regulations/directives/laws had already been supported with direct EU link to those rules/regulations/directives/laws.

The issue with regard such rules/regulations/directives/laws would still apply should the UK exit the bloc fails to consider that should the UK exit the bloc it could choose whether or not it would apply any, as it would no-longer be compelled to do so by its membership, as it would cease to be a member, and such rules/regulations/directives/laws could not be imposed.
 
Where we're punished by vengeful governments imposing tariffs for no real reason, we're alleviated by the lack of strangulating membership and legislative costs.
 
Not by my calculations, over the next 4 years it will only cost the UK approximately 625 GBP or 882$ USD per capita.
 
Carjosse said:
Not by my calculations, over the next 4 years it will only cost the UK approximately 625 GBP or 882$ USD per capita.
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Paradise in Birmingham to be transformed by Canadian pension fund

A Candian pension fund has taken a big stake in one of the UK’s largest regeneration projects amid growing interest among international investors in regional markets.

Canada Pension Plan Investment Board (CPPIB) is expected this week to complete a deal to buy 50pc of Birmingham’s £500m project to transform the area known as Paradise Circus, which when finished will dramatically transform a previously unloved part of the city centre.

Paradise in Birmingham to be transformed by Canadian pension fund
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I note you are in Canada. It would appear even Canada likes to invest in UK. Further, how much does Canada export to UK, especially in raw materials? I believe it is well over a £billion a year, and those raw materials are used in the manufacture of products, which are also exported on world stage.
 
Top 10 Canadian Exports to the UK

Canada's exports to the UK amounted to

$12.5 billion or 3.1% of its overall exports.

1. Gems, precious metals: $7.8 billion
2. Nickel: $999.9 million
3. Machinery: $479.6 million
4. Aircraft, spacecraft: $463.2 million
5. Oil: $331.1 million
6. Electronic equipment: $322.4 million
7. Medical, technical equipment: $302.7 million
8. Inorganic chemicals: $299.8 million
9. Wood: $230.1 million
10. Ores, slag, ash: $157 million

Top Canadian Exports
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Correct me if wrong, but Canada - like UK - is a Commonwealth country, which would benefit financially by striking a FTA with UK that did not involve any EU rules/regulations/directives/laws.
 
Phoenix One UK said:
I note you are in Canada. It would appear even Canada likes to invest in UK. Further, how much does Canada export to UK, especially in raw materials? I believe it is well over a £billion a year, and those raw materials are used in the manufacture of products, which are also exported on world stage.
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Yes with English heritage. It does not change the fact that a simple Google search and some math completely debunks that article.
 
Phoenix One UK said:
Correct me if wrong, but Canada - like UK - is a Commonwealth country, which would benefit financially by striking a FTA with UK that did not involve any EU rules/regulations/directives/laws.
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Well the free trade deal with the EU would remove most of those barriers and get a lot of birds with one stone, we benefit more from having a free trade deal with the EU with or without the UK in it. As this EU site illustrates.
 
Herbert Smith Freehills advises Canada Pension Plan Investment Board on £1bn development

London | 16 March 2016

Herbert Smith Freehills has advised Canada Pension Plan Investment Board (CPPIB) on its £1bn Paradise Circus development in Birmingham with Hermes Investment Management. The project is one of the largest redevelopments in the UK and will see the transformation of the strategically placed site in the centre of Birmingham.

http://www.herbertsmithfreehills.co...sion-plan-investment-board-on-1bn-development
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So much for debunking this one!
 
Carjosse said:
Well the free trade deal with the EU would remove most of those barriers and get a lot of birds with one stone, we benefit more from having a free trade deal with the EU with the UK in it.
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Yep, I am sure you do. So why don't you have Canada join the EU if you like it so much? Canada will do what is best for Canada, and I have no problem with that. So let us little Brits do what is best for UK and get off this sinking Titanic before we end up going down with it.
 
IT'S OFFICIAL:
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Well, that's a relief
Phoenix One UK said:
..........
Though I would question any financial report regardless of which side of Brexit debate it supports,
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I'll now throw exactly that critical distance to the wind (having paid the sufficient lip service to prudence) and will now push the agenda I'm here for............. :mrgreen:
..................The point with regard Brexit would result in downturn in investment had already be blown out of the water given I had quoted a number of industries that are moving their HQ to UK regardless of whether or not the UK remained a member state of EU. These included Boeing, Avon, and Honda.
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Where the downturn of investment is exactly the issue included in the caution towards speculation that you cite but then abandon, Boeing is a fine example of a company that couldn't care less (and rightfully so) on whether UK remains or leaves. Simply because its (continental) European business isn't going to be affected by there even BEING a EU, GATT having abolished tariffs on civil airliners altogether long ago and the "continental" market not being much of a prospect for military versions of any kind. So a Brexit or a Bremain have absolutely no impact on the decision, it's a matter of management tightening, the UK being a traditional partner in all fields. As it would be if it sat all alone in the North Sea (with no continent existing).

As to Honda, I wouldn't really shout with glee over the world's 8th (eighth) largest automobile producer that has its main market in the US. It's doing appallingly in Europe. GM and Ford (as overseas suppliers as well as having European plants) are more to worry about.

Avon now.................aw, what the heck.:roll: Considering its history of ownerships and that it's now owned by the same group that bought Safeway (another entity manufacturing nothing) If the move doesn't pay off I guess it can be flogged as fast as it was bought. As it possibly will be if its decline isn't halted. In the "motherland of European cosmetics" it (its domestic branch there) folded over two years ago.

As to the rest....................., well we've already been there without anything of substance surfacing. Certainly not from your side.
 
Phoenix One UK said:
Good luck in trying to debunk the post I made after it.
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It isn't a matter of debunking what you position. It's the conclusions that you draw.

Not that it matters, they're usually self-debunking anyway.
 
Chagos said:
Well, that's a relief I'll now throw exactly that critical distance to the wind (having paid the sufficient lip service to prudence) and will now push the agenda I'm here for............. :mrgreen:
Where the downturn of investment is exactly the issue included in the caution towards speculation that you cite but then abandon, Boeing is a fine example of a company that couldn't care less (and rightfully so) on whether UK remains or leaves. Simply because its (continental) European business isn't going to be affected by there even BEING a EU, GATT having abolished tariffs on civil airliners altogether long ago and the "continental" market not being much of a prospect for military versions of any kind. So a Brexit or a Bremain have absolutely no impact on the decision, it's a matter of management tightening, the UK being a traditional partner in all fields. As it would be if it sat all alone in the North Sea (with no continent existing).

As to Honda, I wouldn't really shout with glee over the world's 8th (eighth) largest automobile producer that has its main market in the US. It's doing appallingly in Europe. GM and Ford (as overseas suppliers as well as having European plants) are more to worry about.

Avon now.................aw, what the heck.:roll: Considering its history of ownerships and that it's now owned by the same group that bought Safeway (another entity manufacturing nothing) If the move doesn't pay off I guess it can be flogged as fast as it was bought. As it possibly will be if its decline isn't halted. In the "motherland of European cosmetics" it (its domestic branch there) folded over two years ago.

As to the rest....................., well we've already been there without anything of substance surfacing. Certainly not from your side.
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[1] Boeing is a company that is moving its HQ to UK. Nothing you can say changes that.

[2] WTO is the institutional body now not GATT. Note even the EU must abide by WTO rulings.

[3] Interesting you should mention Honda and USA together given that the UK plant in Swindon UK is also exporting their cars to USA. Note following:


One Millionth Honda Civic

Yet another production milestone for Swindon car giant

One millionth Honda Civic rolls off Swindon production line | SwindonWeb
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Swindon exports new CR-V to the USA

SwindonWeb | Swindon exports new CR-V to the USA
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Phoenix One UK said:
So much for debunking this one!
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What the hell.........?

We talk here of impacts of international trade, not to mention sustainable assets of and in substantial money flow of investment, and you trumpet about some piece of real estate?

All 350,000 feet of it?

It's not going to have any immediate effect on anything and either way. Just like all foreign investment into London broom cabinets (and villas) won't.

Until the bubble goes pop.

Well, maybe it never will, who knows.

Now tell us (show us your financial wizardry) how a development project (and real estate to boot) is going to boost British economy.

Baited breath.
 
Phoenix One UK said:
[1] Boeing is a company that is moving its HQ to UK. Nothing you can say changes that.
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You don't understand a thing, do you?

[2] WTO is the institutional body now not GATT. Note even the EU must abide by WTO rulings.
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Now what does that have to do with the simple fact that there are no tariffs on airliners?
[3] Interesting you should mention Honda and USA together given that the UK plant in Swindon UK is also exporting their cars to USA. Note following:
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Can't you read anything at all?

They were doing that long before deciding (not unwisely by this angle alone) to move HQ to UK. Their performance in the EU market is appalling.

I notice once again you don't address those companies I advised on needing to be more worried about.

But that's you, as always.

Any effort to educate you on international economics, trade and finances (above the accountant's level) appears totally wasted.
 
Phoenix One UK said:
Yep, I am sure you do. So why don't you have Canada join the EU if you like it so much? Canada will do what is best for Canada, and I have no problem with that. So let us little Brits do what is best for UK and get off this sinking Titanic before we end up going down with it.
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Great but one step further: the UK should leave the EU and THEN join Canada. Four new Provinces: England, Wales, N Ireland and Scotland. Get to keep the Queen's head on the currency etc. And the eternally moaning Jocks get to make Ottawa's life miserable instead of London's. OK so the Brits have to pretend to like ice hockey but that would be a price worth paying. Canada gets to triple its population at a stroke and raise its average temperature.

I visit Canada every year and love the country and love Canadians - especially the three who happen to be my grandchildren.
 
Sweden said:
Great but one step further: the UK should leave the EU and THEN join Canada. Four new Provinces: England, Wales, N Ireland and Scotland. Get to keep the Queen's head on the currency etc. And the eternally moaning Jocks get to make Ottawa's life miserable instead of London's. OK so the Brits have to pretend to like ice hockey but that would be a price worth paying. Canada gets to triple its population at a stroke and raise its average temperature.

I visit Canada every year and love the country and love Canadians - especially the three who happen to be my grandchildren.
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I'll buy it.

Might even vote for it, should it come to that.;)

Speaking of raising averages, what do you reckon would happen to the average IQ?:mrgreen:
 
Phoenix One UK said:
Yep, I am sure you do. So why don't you have Canada join the EU if you like it so much? Canada will do what is best for Canada, and I have no problem with that. So let us little Brits do what is best for UK and get off this sinking Titanic before we end up going down with it.
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How lame.

Not even entering into a debate over whose figures are the more pertinent?

Oh, I forget. You don't do that.
 
Sweden said:
Great but one step further: the UK should leave the EU and THEN join Canada. Four new Provinces: England, Wales, N Ireland and Scotland. Get to keep the Queen's head on the currency etc. And the eternally moaning Jocks get to make Ottawa's life miserable instead of London's. OK so the Brits have to pretend to like ice hockey but that would be a price worth paying. Canada gets to triple its population at a stroke and raise its average temperature.

I visit Canada every year and love the country and love Canadians - especially the three who happen to be my grandchildren.
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I agree, and posted something related to that point, as follow:

The role and future of the commonwealth

Written evidence from Ruth Lea, Economic Adviser, Arbuthnot Banking Group

...

The UK’s trade with other Commonwealth countries is already significant. But more could, should, be done. The establishment of a Commonwealth FTA would provide such a stimulus, but Britain would almost certainly need to withdraw from the EU’s Customs Union in order to participate.

UK Parliament LINK: The role and future of the commonwealth (6th February 2012)
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Chagos said:
.................................
Oh yeah, that reading thing again.
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Phoenix One UK said:
There are 53 members of Commonwealth, which includes UK and Canada.

Link to list of members: http://www.commonwealthofnations.org/country/
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and, or course, the comprehension thing.

Let's rehash this just for you:

Sweden suggested (perhaps only half-) jokingly the UK join Canada. You signalled agreement and linked to a post of yours in which, by your own puzzling understanding, you feel you stated a relation to said agreement.

To then (and now still) harp off once again about Commonwealth and the rejuvenation of Empire it could bring.

Man, you really are all over the place, ain't you? Better not reply to this one, you appear to get in deeper every time.
 
Chagos said:
and, or course, the comprehension thing.

Let's rehash this just for you:

Sweden suggested (perhaps only half-) jokingly the UK join Canada. You signalled agreement and linked to a post of yours in which, by your own puzzling understanding, you feel you stated a relation to said agreement.

To then (and now still) harp off once again about Commonwealth and the rejuvenation of Empire it could bring.

Man, you really are all over the place, ain't you? Better not reply to this one, you appear to get in deeper every time.
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My post included a quote complete with link to UK Parliament that should have made my post even clear to you. But nope, it clearly failed to register. Guess I should had drawn it in crayon for you, but I do not do crayon, so you are out of luck. :roll:
 
Phoenix One UK said:
My post included a quote complete with link to UK Parliament that should have made my post even clear to you. But nope, it clearly failed to register. Guess I should had drawn it in crayon for you, but I do not do crayon, so you are out of luck. :roll:
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Yeah, reading and comprehension.

Because if you had read properly, let alone comprehended, why link your stuff to Sweden's suggestion, however jokingly it was made?
 
Chagos said:
Yeah, reading and comprehension.

Because if you had read properly, let alone comprehended, why link your stuff to Sweden's suggestion, however jokingly it was made?
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The link supplied was to UK Parliament not Beano. :roll:
 
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