The FTT is a fact I'm afraid and has been on the table for a while but a final decision was postponed until "the middle of the year" (i.e. after Thursday).
Osborne's public stance is that we won't accept a purely EU tax but aren't necessarily against a global one. But he knows there's no chance of a global financial transactions tax.
However this can be introduced over our heads and be applied to any financial transactions that fall under its scope. It will wipe out trade in some of the more esoteric financial instruments that London specialises in (and that's according to the EU's own figures).
And even though we're not part of the Eurozone, London controls a huge share of the trade in Euros.
You forgot to add IMO, so I've amended it for you, no need to thank me 80)No, mainly as economically illiterate and oblivious to fact IMO.
He could have said yes I will veto Turkey, he chose not to.
Now if pressed he will allow Turkey into the EU and be able to say he never said he'd veto their entry, even though that is the impression he's given to secure a remain vote.
The chances of Turkey getting to that point during his tenure are very remote..... or are they?
Wouldn't it be wise to go to the wall, look over and appraise yourself of the risks and then make judgement?
Like all those economic experts who didn't see 2008 coming even though it was staring them in the face?Yes, and mostly anyone who knows what they're talking about believes it's a long drop with no safety net.
Doesn't have to be does it.German isn't a race.
the betting odds last week were for leave. I've looked at both sides,betting odds change all the time like polls
Like all those economic experts who didn't see 2008 coming even though it was staring them in the face?
Just do some arithmetic. Our trade deficit with the EU is currently running at about £100bn per annum. Let's assume we leave and they stick a 5% tariff on their exports (and we do the same for ours). That will cost us £5bn a year.
Now even on a net basis, we pay the EU about £9bn a year. So we incur about £5bn of extra costs but save ourselves £9bn of EU budget contributions. Some drop!
Hyperbole. I doubt you've read one. Try this:You vs every economist on the planet. I know who I'd rather lisen to.
/not all Muslims are suicide bombers but all suicide bombers are Muslim.Not everyone who votes leave is a racist but every racist will vote leave is the way I see it