3 thoughts on “Is the EU’s goodwill really worth £40bn?”

  1. Posted 20/11/2017 at 14:55 | Permalink

    The demand that the UK pay towards future EU pensions is a strange one because EU pensions are funded on a pay-as-you-go basis. It’s not as if there is a fund which is deficit that needs to be topped up.

    When the UK joined the EEC (as it then was) it started immediately to pay its contributions which funded current EU pensions and pension entitlements built up before the UK was a member. The UK didn’t receive a rebate on its contributions to account for this. On this basis, it is difficult to understand why the UK has a liability for EU pensions when it is no longer a member as well.

  2. Posted 21/11/2017 at 00:43 | Permalink

    I am a chartered surveyor and have been negotiating deals all my professional life (over 30 years). I have never offered clients money without conditions on the eventual deal. Nuff said?

  3. Posted 21/11/2017 at 14:07 | Permalink

    Surely if the UK leaves the EU then the EU should adjust its spending commitments accordingly, recognising the shortfall it will have in its funding once the UK has left. That means adjusting its spending programs to reflect the change in resources it has at its disposal.

    If some areas are genuine commitments – decisions made and long term spending obligations entered into during the UK’s many years of active membership and not now avoidable – then perhaps we should honour our share of those. Pensions are the obvious example. Maybe its the British Press but the impression is often given that the EU is going far beyond that and are using a much looser definition of commitment.

    I thought I heard the other day that the costs of some firms relocating from the UK to European countries were to be picked up by the UK government. This sounds odd to me. Especially given that we are not asking them to leave and the only reason they would do so would be because of pressure from EU governments / institutions or the trade barriers the EU might erect if such companies continue to be based in the UK. Sorry to be vague and imprecise about this. I think it was reported on the BBC Radio 4 “Today” programme on Monday 20.11.17.

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