Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Hard Brexit will cost Treasury up to £66bn a year, ministers are told
theguardian.com ^ | October 11, 2016 | Press Association

Posted on 10/11/2016 3:50:07 AM PDT by Berlin_Freeper

Treasury coffers may take a £66bn annual hit if Britain goes for a hard Brexit, cabinet ministers have been warned.

Leaked government papers suggest that leaving the single market and switching to World Trade Organisation (WTO) rules would cause GDP to fall by up to 9.5% compared with staying in the EU.

(Excerpt) Read more at theguardian.com ...


TOPICS: United Kingdom
KEYWORDS:
That's a lot worse than I ever heard before.
1 posted on 10/11/2016 3:50:07 AM PDT by Berlin_Freeper
[ Post Reply | Private Reply | View Replies]

To: Berlin_Freeper

More attempted manipulation of public opinion.

I’m sick of it.


2 posted on 10/11/2016 3:57:26 AM PDT by Principled (...the Supreme Court of the United States favors some laws over others...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Berlin_Freeper

Why doesn’t the UK create a trade union with the other countries in Europe? They could call it the “Common Market.”


3 posted on 10/11/2016 3:59:00 AM PDT by Cowboy Bob
[ Post Reply | Private Reply | To 1 | View Replies]

To: Berlin_Freeper

Who wudda thunk it, the end of the world if Brittany goes free.


4 posted on 10/11/2016 3:59:41 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: American in Israel

I’ll bet the French would be shocked too.


5 posted on 10/11/2016 4:08:33 AM PDT by dljordan (WhoVoltaire: "To find out who rules over you, simply find out who you are not allowed to criticize.")
[ Post Reply | Private Reply | To 4 | View Replies]

To: Berlin_Freeper

Fear-mongering.


6 posted on 10/11/2016 4:20:04 AM PDT by BlessedBeGod (To restore all things in Christ. ~~~~ Appeasing evil is cowardice.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Berlin_Freeper
pound is now plunging headlong into the abyss
7 posted on 10/11/2016 4:29:29 AM PDT by Berlin_Freeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: Berlin_Freeper

But how much more than that would it cost to stay in the EU?


8 posted on 10/11/2016 4:32:23 AM PDT by Iron Munro (If Illegals voted Rebublican 50 Million Democrats Would Be Screaming "Build The Wall!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Iron Munro

THAT’S the key question.


9 posted on 10/11/2016 4:35:18 AM PDT by ClearCase_guy (Abortion is what slavery was: immoral but not illegal. Not yet.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Berlin_Freeper
This is what Lord Heseltine said when the Conservative member of the committee, Richard Fuller, asked about Brexit and the single market, and how important it was for Britain to be able to secure free trade agreements.

He mocked the appointments of the three Brexiteers (Boris Johnson, David Davis and Liam Fox). He replied:

We have three ministers now in charge, a brilliant set of appointments in my view because they can come up with the answers which have escaped me ... The ability to trade seems to me an important part of our future ... We have to find places to trade. And if there are all these markets that have escaped the attention of British exporters, it will be marvellous to have it pointed out to them by the new minister responsible.

Norway rejected post-Brexit trade pact with UK

10 posted on 10/11/2016 4:37:13 AM PDT by Berlin_Freeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: Berlin_Freeper
Post-Brexit world could see Ireland carrying out Britain’s passport checks
Asking the Irish to carry out Britain’s passport checks may not be what Brexiters had in mind when they campaigned to “take back control of Britain’s borders”.
11 posted on 10/11/2016 4:51:17 AM PDT by Berlin_Freeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: Berlin_Freeper
a perfect storm
12 posted on 10/11/2016 4:59:35 AM PDT by Berlin_Freeper
[ Post Reply | Private Reply | To 7 | View Replies]

To: Berlin_Freeper

Tell them to leak papers for a better budget.


13 posted on 10/11/2016 5:20:32 AM PDT by aspasia
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson