foxy lady Posted July 22, 2016 Share Posted July 22, 2016 (edited) The amount we stand to lose with financial services moving abroad will far outstrip any "saving" we make in on our EU contributions. What was that about "extra money for the NHS"? We'll be lucky if they can maintain current spending. Just so I can keep up with the end of the world. These financial institutions. Are they the ones with the fat cats on huge bonuses who brought the country to its knees, or are they the only thing that keeps us afloat. http://www.sheffieldforum.co.uk/showthread.php?t=825379 http://www.sheffieldforum.co.uk/showthread.php?t=726589 http://www.sheffieldforum.co.uk/showthread.php?t=692054 http://www.sheffieldforum.co.uk/showthread.php?t=1135561 Edited July 22, 2016 by foxy lady Link to comment Share on other sites More sharing options...
L00b Posted July 22, 2016 Share Posted July 22, 2016 The amount we stand to lose with financial services moving abroad will far outstrip any "saving" we make in on our EU contributions. What was that about "extra money for the NHS"? We'll be lucky if they can maintain current spending. Leave voters were told in clear terms that this was one of the main risks. If the risk does eventually materialise as an actual consequence...they made their bed, they get to lie in it. Simple as, <shrug>, and not a tear was shed here. If you're lucky to enjoy BUPA or Westfield membership as part of your remuneration package, be sure to treasure it. Link to comment Share on other sites More sharing options...
Obelix Posted July 22, 2016 Share Posted July 22, 2016 Just so I can keep up with the end of the world. These financial institutions. Are they the ones with the fat cats on huge bonuses who brought the country to its knees, or are they the only thing that keeps us afloat. Ah... you might want to consider this useful site. https://yourlogicalfallacyis.com/black-or-white Link to comment Share on other sites More sharing options...
Berberis Posted July 22, 2016 Share Posted July 22, 2016 The amount we stand to lose with financial services moving abroad will far outstrip any "saving" we make in on our EU contributions. What was that about "extra money for the NHS"? We'll be lucky if they can maintain current spending. The UK's net contribution to the EU is £8.5billion a year. London exports £92billion worth of services and products every year, meaning it has a larger economy that the whole of Belgium. London also contributes 22% of the UK's GDP with an approximate contribution of £225 Billion. Yorkshire and the Humber to compare is £60billion. A 9.45% drop in London's exported services would negate our entire contribution to the EU. The service sector (including financial services) makes up 78.4% of our GDP. This sector can pick itself up and move very easily. Its not reliant on factories or industry, it needs the internet and an office, that's all. But don't think its OK as thats a large number. The whole country will be affected and GDP drop across the entire country will result in a net loss for the UK. If the UK economy drops by less than half of 1%, that will wipe off our contribution to the EU. Link to comment Share on other sites More sharing options...
tzijlstra Posted July 22, 2016 Author Share Posted July 22, 2016 Access to the single market isn't dependant on the free movement of people, but it does appear for now that membership of the single market is dependant on the free movement of people, so we will be able to trade within it without being a member of it, just like most countries that trade within it without being members of it. Within. Within the single market. Firstly you contradict yourself in your first two clauses. Access to the single market is dependent on free movement of people. That is what the club who created the single market decided way back when. Then you use the wrong preposition, you meant to say with, not within. Or you meant to say in, not within. In the former case you are right, you can trade with a market without being in it. In the latter case you are wrong, you can not be in a market without being in it. Pretty elementary stuff, what you wrote is the typical conflation of the expressions single market and free trade. So this: I think you will find it was the member I responded to that conflated access to the single market and membership of the single market. We can access it and trade within it without being a member of it. We can also trade in the much larger free trade area. is just repeating the error. Looking back through some of your posts you appear find median and average confusing, everyone isn't better off just because the average wages rises, some can still see a fall in their wages whilst the average increases. And this is further confusion on your behalf. I don't find the median and average confusing, you appear to do though in the way you use it in your argument. Tell me, how is the median wage going to say us anything about what I talked about? ---------- Post added 22-07-2016 at 11:52 ---------- The service sector (including financial services) makes up 78.4% of our GDP. This sector can pick itself up and move very easily. Its not reliant on factories or industry, it needs the internet and an office, that's all. And people with skills, which is why free movement of people is important to the service sector. Link to comment Share on other sites More sharing options...
Berberis Posted July 22, 2016 Share Posted July 22, 2016 And people with skills, which is why free movement of people is important to the service sector. Exactly, but not just the service sector. Science too. I have a friend who is a research scientist who is already talking about moving abroad. He works very closely with the EU on projects and we will not be part of that research anymore. The UK can't afford to fund broad spectrum research and so many scientists will leave the UK so they can continue to work. Link to comment Share on other sites More sharing options...
tzijlstra Posted July 22, 2016 Author Share Posted July 22, 2016 Exactly, but not just the service sector. Science too. I have a friend who is a research scientist who is already talking about moving abroad. He works very closely with the EU on projects and we will not be part of that research anymore. The UK can't afford to fund broad spectrum research and so many scientists will leave the UK so they can continue to work. I consider science to be part of the service sector and, alas, already have one acquaintance that is moving away and several others who are discussing it. Not to mention the recruitment stop that is hitting universities across the country as they all of a sudden need to reshape their funding. Link to comment Share on other sites More sharing options...
alhlkh Posted July 22, 2016 Share Posted July 22, 2016 Within. Within the single market. Firstly you contradict yourself in your first two clauses. Access to the single market is dependent on free movement of people. That is what the club who created the single market decided way back when. Then you use the wrong preposition, you meant to say with, not within. Or you meant to say in, not within. In the former case you are right, you can trade with a market without being in it. In the latter case you are wrong, you can not be in a market without being in it. Pretty elementary stuff, what you wrote is the typical conflation of the expressions single market and free trade. So this: is just repeating the error. And this is further confusion on your behalf. I don't find the median and average confusing, you appear to do though in the way you use it in your argument. Tell me, how is the median wage going to say us anything about what I talked about? ---------- Post added 22-07-2016 at 11:52 ---------- And people with skills, which is why free movement of people is important to the service sector. You are confusing access with membership, I can have access to a club without being a member of the club, countries sell into the single market without being members of the single market. We will have access to the single market but unlikely to be members of the single market. Link to comment Share on other sites More sharing options...
L00b Posted July 22, 2016 Share Posted July 22, 2016 You are confusing access with membership, I can have access to a club without being a member of the club, countries sell into the single market without being members of the single market.At a price. We will have access to the single market but unlikely to be members of the single market.At a price. I can already tell you that the price for maintaining financial passporting rights is freedom of movement. If the UK is lucky. Link to comment Share on other sites More sharing options...
tzijlstra Posted July 22, 2016 Author Share Posted July 22, 2016 You are confusing access with membership, I can have access to a club without being a member of the club, countries sell into the single market without being members of the single market. We will have access to the single market but unlikely to be members of the single market. No, you were confusing it, but you have now corrected yourself. Or, to be more precise I have corrected you. Link to comment Share on other sites More sharing options...
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