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Wales Leave leader: "We need EU levels of funding from England" Watch

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    (Original post by AverageExcellence)
    For every £1 we put into the EU in membership we got something like 40p back... Now for every pound we don't spend on the eu we get to keep £1

    Ill let you fill the logic in.
    I do like how you are completely disregarding money UK gets through rebates and grants from the EU.
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    (Original post by AverageExcellence)
    For every £1 we put into the EU in membership we got something like 40p back... Now for every pound we don't spend on the eu we get to keep £1

    Ill let you fill the logic in.
    Okay? And none of what we now get to keep is going to go to the places that were getting it, hence why Wales and Cornwall are now grovelling to Parliament.
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    (Original post by DorianGrayism)
    Funny part is that the regions that received the most EU funding (IE North East) are now completely cut off from it.

    The Government spend all of their money on London and South East and now the North-South divide will grow even more.
    That is an issue that we'll have to deal with as a country, this isn't a vote for a change in position for a political party or ideology its a change for the country for our lifetime, it could well be in 10 years we have a strong socialist in power who will really do his best to invest heavily in the north with that money or maybe they will now to keep them sweet and reduce any insecurity in scotland... but guess what i won't cry and moan like a baby (im not saying you are doing that).
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    (Original post by JordanL_)
    Okay? And none of what we now get to keep is going to go to the places that were getting it, hence why Wales and Cornwall are now grovelling to Parliament.
    'None of what we get to keep is going to the places' we've only voted out 48 hours ago lol you are really clutching at straws to make an argument that just isn't there.
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    (Original post by AverageExcellence)
    For every £1 we put into the EU in membership we got something like 40p back... Now for every pound we don't spend on the eu we get to keep £1

    Ill let you fill the logic in.
    The Bank of England had to offer a £250 billion line of credit to help prevent the mayhem that the referendum result caused and we haven't even left yet, the pound has dropped and the UK has also had it's credit outlook downgraded. The French have also now overtaken us a the world's 5th largest economy.

    Any financial gains from leaving have already been cancelled out.

    I hope things improve but this doesn't bode well.
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    (Original post by remiremi)
    Under Cameron's government for the last 6+ years Welsh students have had the least Uni debt in the UK. Meanwhile English students even from poorer backgrounds have the highest.

    http://www.theguardian.com/education...ancial-support

    I really don't buy into this meme that the tories suck Wales/Scotland dry when they in fact live off English (Tory voting) taxpayers and have done for some time.
    This is decided by how the devolved governments spend their block payments not by Westminster.
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    (Original post by JamesN88)
    The Bank of England had to offer a £250 billion line of credit to help prevent the mayhem that the referendum result caused and we haven't even left yet, the pound has dropped and the UK has also had it's credit outlook downgraded. The French have also now overtaken us a the world's 5th largest economy.

    Any financial gains from leaving have already been cancelled out.

    I hope things improve but this doesn't bode well.
    It had nothing to do on the impact of the real economy but to ease panic in what is purely speculative currency trading consisting of individuals. The line of credit is unlikely to be essential to the survival but there as a feather bed to rest peoples fears, and its worked well.

    We have been downgraded by 1 credit evaluator of several, and god forbid we've been downgraded to the same level that is the backwater third world country of australia.

    Britain and France constantly switch around every so often, its all friendly competition we'll catch up!

    No leaver thought that there would be immediate economic benefit. If you can show me any point in history where secession or independence declaration has inspired confidence in investment markets you'd have a point but it is always viewed negatively because it is intrinsically uncertain.. We will more than bare the fruits with the fullest independence of our sovereignty.
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    (Original post by AverageExcellence)
    It had nothing to do on the impact of the real economy but to ease panic in what is purely speculative currency trading consisting of individuals. The line of credit is unlikely to be essential to the survival but there as a feather bed to rest peoples fears, and its worked well.

    We have been downgraded by 1 credit evaluator of several, and god forbid we've been downgraded to the same level that is the backwater third world country of australia.

    Britain and France constantly switch around every so often, its all friendly competition we'll catch up!

    No leaver thought that there would be immediate economic benefit. If you can show me any point in history where secession or independence declaration has inspired confidence in investment markets you'd have a point but it is always viewed negatively because it is intrinsically uncertain.. We will more than bare the fruits with the fullest independence of our sovereignty.
    I hope so, I'm of course not wishing doom on us.

    Tbh I think we're heading for a Norway style deal.

    http://www.independent.co.uk/news/uk...-a7102626.html
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    By no longer being part of the Common Agricultural Policy (the worlds largest subsidy programme) we will save a minimum of £4bn if we rightly don't replace those subsidies. That money can be used to ensure Wales keeps their funding for say a decade.
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    (Original post by Stiff Little Fingers)
    The cornish have done likewise: http://www.independent.co.uk/news/uk...-a7101311.html

    Honestly I'm feeling it very difficult to have sympathy for those who chose to bite the hand that fed them, but desperately want a hand to replace that one. If the EU was so important to the survival of your area, why did you vote to leave it?
    I feel similarly however what's done is done and we must do our best to make sure funds are appropriately redistrubuted.
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    (Original post by JamesN88)
    I hope so, I'm of course not wishing doom on us.

    Tbh I think we're heading for a Norway style deal.

    http://www.independent.co.uk/news/uk...-a7102626.html
    Whatever we get it will be completely unique, we can't compare a major power, Second biggest net contributor and 3rd biggest direct partner of the EU to Norway, we won't accept unconditional free movement i dont think but we shall see.. we would definitely have to pay them a large amount of that 350m though i think.
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    (Original post by Rakas21)
    By no longer being part of the Common Agricultural Policy (the worlds largest subsidy programme) we will save a minimum of £4bn if we rightly don't replace those subsidies. That money can be used to ensure Wales keeps their funding for say a decade.
    Ditching the CFP which seems to be universally hated by our fisherman isn't a bad thing. I'm in favour of keeping farming subsidies in some form though so the UK industry is still viable.
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    (Original post by JordanL_)
    http://www.bbc.co.uk/news/uk-wales-3...medium=twitter

    Hahahahahahahaha

    They've made their bed and now they don't want to lie in it.

    Tough ****. The rest of us have to suffer the consequences so they should too.
    I don't see why they couldn't receive near the same levels of funding. We still have atleast 2 years to sort everything out.
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    (Original post by JamesN88)
    Ditching the CFP which seems to be universally hated by our fisherman isn't a bad thing. I'm in favour of keeping farming subsidies in some form though so the UK industry is still viable.
    Subsidies have made the UK agricultural industry the least productive part of the economy and have resulted in zombie firms that are kept alive (milk producers selling at a loss). Take the subsidies away, lower tariffs elsewhere and create an automation fund to increase productivity from farms which survive or want to change produce.

    Under no circumstances though should we be handing these people a blank cheque as we are now.
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    (Original post by AverageExcellence)
    Whatever we get it will be completely unique, we can't compare a major power, Second biggest net contributor and 3rd biggest direct partner of the EU to Norway, we won't accept unconditional free movement i dont think but we shall see.. we would definitely have to pay them a large amount of that 350m though i think.
    Realistically though if you want access to the single market you have to accept free movement. The EU won't compromise a key principle of its existence to appease anyone, let alone a country that's just left as it would undermine the entire European Project.
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    (Original post by JamesN88)
    Realistically though if you want access to the single market you have to accept free movement. The EU won't compromise a key principle of its existence to appease anyone, let alone a country that's just left as it would undermine the entire European Project.
    There are many alternative models, turkey has a large Trade agreement (though not entirely comprehensive), so do columbia, Vietnam, Ukraine are in the process of getting one and soon to be TTIP... there is no reason why not.
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    (Original post by Rakas21)
    Subsidies have made the UK agricultural industry the least productive part of the economy and have resulted in zombie firms that are kept alive (milk producers selling at a loss). Take the subsidies away, lower tariffs elsewhere and create an automation fund to increase productivity from farms which survive or want to change produce.

    Under no circumstances though should we be handing these people a blank cheque as we are now.
    You don't just remove subsidies. People have built their entire lives on subsidised industries. What are they gonna do? change careers in their 40s and 50s?
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    I was very surprised with the amount of leave vote in Wales
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    (Original post by JamesN88)
    Ditching the CFP which seems to be universally hated by our fisherman isn't a bad thing. I'm in favour of keeping farming subsidies in some form though so the UK industry is still viable.
    (Original post by Rakas21)
    Subsidies have made the UK agricultural industry the least productive part of the economy and have resulted in zombie firms that are kept alive (milk producers selling at a loss). Take the subsidies away, lower tariffs elsewhere and create an automation fund to increase productivity from farms which survive or want to change produce.

    Under no circumstances though should we be handing these people a blank cheque as we are now.
    As much as I rant about the subsidies, they're absolutely essential for farmers to actually survive. My dad is a very small farmer, he doesn't get much at all, a few thousand, and it keeps us from going broke and breaking even. The industry is an absolute mess, full of greedy farmers and overproduction, lowering the price of goods and forcing hundreds of people out of the business.

    I would have been much more happy with CAP reform (at the moment it depends on how much land you have, which is ridiculous- people who own hills of useless scrubland get £100,000 because they have lots of hectares (but might only have a few hundred sheep), whereas a lowland farmer, where they own more stock in relation to land but due to this, they get a lot less. So while these two farmers both might own the same number of animals, one might get (rough estimations) £8,000, the other might get £100,000. How is that fair?)

    I honestly just can't see an EU dependent government investing in the industry. We'll be so broke from leaving that they'll plough all the money into other sectors, so agriculture (and Wales/Cornwall) will be left out in the cold. I hope I'm wrong though. I really do.

    #rant.
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    (Original post by AverageExcellence)
    There are many alternative models, turkey has a large Trade agreement (though not entirely comprehensive), so do columbia, Vietnam, Ukraine are in the process of getting one and soon to be TTIP... there is no reason why not.
    It's free movement of services which is most important which none of these other countries have AFAIK.

    http://infacts.org/brexit-threatens-...vices-exports/
 
 
 
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