Brexit has been cancelled

Exfarmer

Member
Location
Bury St Edmunds
Agreed.

Settle in now for two cycles of Corbynista governments.
Tories are burnt toast.
How long will a Corbynista government last though. Left wing governments never like giving up the reins, once in , the populace are stuck with them. If you disagree the best you can hope for is re education.
 

Exfarmer

Member
Location
Bury St Edmunds
You are quite right on the aims of the EEC and the treaty of Rome. However Edward Heath openly admitted in later life that the aims of the EEC were downplayed as much as possible as if they had been aired more widely he could not have got the UK to vote to join in the 1975 referendum.

It was, I think, Churchill who made remarks to effect that "Great Britain is not European and not American, it is a small island that sits culturally between the two and will never resolve fully its relationship with either" I think he was right.

Britai;has already joined the Common Market before the 1975 referendum
 

Exfarmer

Member
Location
Bury St Edmunds
I despair of some regular contributors. Statements such as banks dont pay tax!
The truth is that banking probably pays in corporation tax , paye etc etc roughly 40% of the tax paid in this country.
This country is bankrolled by banking and it is at risk from Brexit
 

czechmate

Member
Mixed Farmer
I despair of some regular contributors. Statements such as banks dont pay tax!
The truth is that banking probably pays in corporation tax , paye etc etc roughly 40% of the tax paid in this country.
This country is bankrolled by banking and it is at risk from Brexit


It has made me smile numerous occasions. Farmers, hateing the banking industry and yet proudly spouting "we are the worlds 5 largest economy":D
 

Ashtree

Member
I despair of some regular contributors. Statements such as banks dont pay tax!
The truth is that banking probably pays in corporation tax , paye etc etc roughly 40% of the tax paid in this country.
This country is bankrolled by banking and it is at risk from Brexit

Exactly. Bad enough folks in here talking rubbish, but for me the admission by D Davis that the government has no studies done on the likely effects of loss of single market and customs union on the key sectors of the economy just beggars belief!!
Making a mistake or misjudging key decisions having weighed up the pros and cons is one thing.
Chancing your arm on behalf of the entire economy and the livelihoods of generations to come is downright treasonable!
Certainly company directors would face the full rigours of the law for similar carry on even on an a infinitisimal scale.!!!
 
I despair of some regular contributors. Statements such as banks dont pay tax!
The truth is that banking probably pays in corporation tax , paye etc etc roughly 40% of the tax paid in this country.
This country is bankrolled by banking and it is at risk from Brexit


It's been known for a long time, since the 2008 financial crash merchant banks have paid no tax. If you don't believe me just check
http://www.independent.co.uk/news/b...banks-pay-no-uk-corporation-tax-a6783716.html
https://www.theguardian.com/busines...ity-banks-paying-little-or-no-corporation-tax
http://www.telegraph.co.uk/finance/...y-corporation-tax-until-profits-hit-15bn.html
https://uk.reuters.com/article/us-b...-wants-tougher-approach-idUKKBN0UH0DN20160103
https://uk.reuters.com/article/us-b...ritain-pay-fraction-of-tax-rate-idUKKBN1460NY

The financial sector - including insurance - only contributes 7.2% of UK GVA of which London contributes 51% of that 7.2%, so about 3.6% of GVA which includes insurance

So in other words the merchant banks don't contribute very much at all
http://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN06193

The financial sector's contribution to the UK economy
Published Tuesday, April 4, 2017
This note sets out some key statistics on the financial services industry in the UK.

Jump to full report >>
In 2016, financial and insurance services contributed £124.2 billion in gross value added (GVA) to the UK economy, 7.2% of the UK’s total GVA. London accounted for 51% of the total financial and insurance sector GVA in the UK in 2015. There are over one million jobs in the financial and insurance sector (3.1% of all UK jobs). The UK had a surplus of over £60 billion on trade in the financial and insurance sectors in 2016. In 2015-16, the banking sector alone contributed £24.4 billion to UK tax receipts in corporation tax, income tax, national insurance and through the bank levy.


https://en.wikipedia.org/wiki/Gross_value_added
Relationship to gross domestic product
GVA is linked as a measurement to gross domestic product (gdp), as both are measures of output. The relationship is defined as:
GVA + taxes on products - subsidies on products = GDP
 

Ashtree

Member
It's been known for a long time, since the 2008 financial crash merchant banks have paid no tax. If you don't believe me just check
http://www.independent.co.uk/news/b...banks-pay-no-uk-corporation-tax-a6783716.html
https://www.theguardian.com/busines...ity-banks-paying-little-or-no-corporation-tax
http://www.telegraph.co.uk/finance/...y-corporation-tax-until-profits-hit-15bn.html
https://uk.reuters.com/article/us-b...-wants-tougher-approach-idUKKBN0UH0DN20160103
https://uk.reuters.com/article/us-b...ritain-pay-fraction-of-tax-rate-idUKKBN1460NY

The financial sector - including insurance - only contributes 7.2% of UK GVA of which London contributes 51% of that 7.2%, so about 3.6% of GVA which includes insurance

So in other words the merchant banks don't contribute very much at all
http://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN06193

The financial sector's contribution to the UK economy
Published Tuesday, April 4, 2017
This note sets out some key statistics on the financial services industry in the UK.

Jump to full report >>
In 2016, financial and insurance services contributed £124.2 billion in gross value added (GVA) to the UK economy, 7.2% of the UK’s total GVA. London accounted for 51% of the total financial and insurance sector GVA in the UK in 2015. There are over one million jobs in the financial and insurance sector (3.1% of all UK jobs). The UK had a surplus of over £60 billion on trade in the financial and insurance sectors in 2016. In 2015-16, the banking sector alone contributed £24.4 billion to UK tax receipts in corporation tax, income tax, national insurance and through the bank levy.


https://en.wikipedia.org/wiki/Gross_value_added
Relationship to gross domestic product
GVA is linked as a measurement to gross domestic product (gdp), as both are measures of output. The relationship is defined as:
GVA + taxes on products - subsidies on products = GDP

About every ten or so posts you tell us you don’t watch TV or rely on the mainstream media for factual news!
Now you post a raft of links to elements of the media many on here consider liberal left whinging wailing purveyors of biased news and opinion!
Would the real @wanton dwarf please stand up!!
 
About every ten or so posts you tell us you don’t watch TV or rely on the mainstream media for factual news!
Now you post a raft of links to elements of the media many on here consider liberal left whinging wailing purveyors of biased news and opinion!
Would the real @wanton dwarf please stand up!!


I don't watch TV and haven't for about 10+ years, personaly I find TV very boring, unless I want to go to sleep

I do get to see it at the old folks irregularly ... even with 100s of channels its really boring, I usually end up turning it off and taking the dogs for a walk

Something came to mind recently ... have you heard of "Info Wars" ? I've never really liked the program ...with Alex Jones .. not this one

We are truely in a war of information

And those REALLY in the firing line are those that use Social media ... BTW I dont
 

rob1

Member
Location
wiltshire
About every ten or so posts you tell us you don’t watch TV or rely on the mainstream media for factual news!
Now you post a raft of links to elements of the media many on here consider liberal left whinging wailing purveyors of biased news and opinion!
Would the real @wanton dwarf please stand up!!
How do you feel about the new US of E proposals are you in or out ?
 

Smith31

Member
Just another poor generalisation

Hmmmm, I have dealt with Chinese companies to buy agricultural and meat processing equipment. Most so called UK made equipment is already fitted with Chinese parts.

As someone who has visited China on a few occassions,trust me they are far cheaper, harder working and more ambitious as a country in general. They also employ large amounts of immigrant labour to further reduce costs.

Whereas as here, the generous benefits system does not encourage ambition and strict regulation hinders company growth.

We have no chance of competing with them. That is a fact sir.
 

Smith31

Member
How long will a Corbynista government last though. Left wing governments never like giving up the reins, once in , the populace are stuck with them. If you disagree the best you can hope for is re education.

A Corbyn government would last just as long as a Tory government. All it would do is carry on borrowing and printing money. It is a imaginary cycle of money pushed around on computer screens throughout Europe.

Hence the fear of Brexit ,when we have to stand on our own two feet and become detached from this imaginary European money cycle, things could soon go pear shaped.

The only difference would be farmers would have to pay business rates on land and buildings, subsidies would end. This money would then be distributed to the poorest in society rather then multi millionaire land owners. Meaning more votes for Labour as there are more voters on benefits then in farming.

I am not a Labour supporter, just stating the facts.
 
Last edited:

manhill

Member
Hi, I fear this post will reap opprobrium but I must reply to your assertion that the last General Election was in effect another referendum.

In our first past the post system the majority of voters in England really were only going to vote Labour or Conservative, both of whom stated they would honour the referendum result, all other votes were effectively wasted votes as at the day of the election the other parties had no overall chance of forming a government unless fortunate enough to end up as the 'casting vote party' which amusingly the DUP found themselves.

So given this then it is hardly surprising 85% of people voted for 'Leave' in the General Election as the two major parties in their manifestos both supported the referendum result.

So my observation is that for the Leave side to attempt to use the General Election result as a mandate for Brexit is somewhat disingenuous.

I thought before the referendum and still consider that over time - 10 / 20 years it will probably not matter that much whether UK is in or out of EU insofar as may things are concerned but there will be some upheaval getting to that stage. And it maybe in 20 years time we shall be able to look back and see with more clarity if leaving was the correct thing to do.

My further observation is that the politicians supporting both sides were so obviously wrong / pessimistic in their forecasts - so no WW3 or end of the world on one side, nor a simple exiting on the other side, that really should I have faith in any of them now.

Hey ho, long as I have my health.

You could be right about looking back in 20 yrs time and thinking we should be in the EU but that may a completely different EU to what exists now. If it turns out to be unreformed we'll be patting ourselves on the back and saying thank god we're not still in.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 102 41.5%
  • Up to 25%

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  • 25-50%

    Votes: 36 14.6%
  • 50-75%

    Votes: 5 2.0%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 10 4.1%

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