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Old 16.01.2017, 09:33
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Its a positive sign though, which is good for the UK. Along with the Brexit negotiator from the EU saying during the week there would need to be "some sort of arrangement" between the EU and the UK financial services industry, its a couple of positive signs. Of course there will always be people who want it to fail both in the EU and of course there are many thousands of then in England itself, but we are where we are so if we can make a good run of it who's to say it might not work out well for us.

I think the biggest bit of controversy this week is Phillip Hammond basically putting the threat on the table: if the EU deliberately set out to harm the UK as an example to to others economically, then the UK will alter its tax arrangements to become more attractive to work in (translated: a tax haven).

That is going to be an interesting fight.
So as Ireland and Luxembourg already are today then.


Life is going to be "interesting" for all the JAMs that voted for Brexit if this happens. Taking away half or more of the corporate tax receipts will mean more-or-less dismanteling much of what is left of the social security system and NHS in the UK (something I believe Hammond already has hinted at).
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