UK looks at paying billions into EU budget after Brexit – FT

The FT reports that the plan letting the UK finance sector keep single-market access could cost billions.

Source: UK looks at paying billions into EU budget after Brexit

So here we are with the ordinary UK tax payer, once again, propping up the UK finance sector, where many foreign banks don’t pay their full whack of tax. Public services will face enormous cuts post Brexit but financial services will be exempt from pain.

EU workers in the finance sector, as well as agriculture, are likely to be special cases, so the proposed cuts on EU immigrants will impact the service sectors like hotels, restaurants and the NHS.

These are deeply distorted negotiating positions. And that is why that it is vital for the full Brexit process to be debated in parliament, with full disclosure of evidence in green and white papers ahead of parliamentary approval.

Thoughts?

2 responses

  1. I agree. The notion of keeping your poker cards close to your chest is not convincing me. We don’t hold a hand. It’s a lame excuse for undemocratic behaviour from the very person who calls us ‘undemocratic’ for challenging her.

  2. Reblogged this on LibDem Fischer and commented:
    The FT reports that the plan letting the UK finance sector keep single-market access could cost billions.

    Source: UK looks at paying billions into EU budget after Brexit

    So here we are with the ordinary UK tax payer, once again, propping up the UK finance sector, where many foreign banks don’t pay their full whack of tax. Public services will face enormous cuts post Brexit but financial services will be exempt from pain.

    EU workers in the finance sector, as well as agriculture, are likely to be special cases, so the proposed cuts on EU immigrants will impact the service sectors like hotels, restaurants and the NHS.

    These are deeply distorted negotiating positions. And that is why that it is vital for the full Brexit process to be debated in parliament, with full disclosure of evidence in green and white papers ahead of parliamentary approval.

    Thoughts?

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