So a reasonably quiet day for May today regarding Brexit as she decided to go down the NHS route although she did perform a slight faux pas. Her tour started at Alder Hey Children's Hospital to launch the government's new NHS plan however this hospital was awarded 56 million from the EIB for reconstruction back in 2013, in fact 18 hospitals have been built with financing from the EIB, a total of 2.9 billion and in the last 10 years the EIB have loaned more than 1 billion to the UK health sector. After Brexit, the UK will no longer have access to this money and the treasury have not said how this financing will be replicated, in other words, probably not and more than likely means less money for the NHS rather than the Tories promise of more.
-
“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.” -
Have you not been reading the sides of buses?Originally posted by darmstadt View Post -
“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.”Comment
-
As I read advice to today from the German government that British citizens will have their residency permits revoked after 3 months after a no deal Brexit it became clear that no deal will probably fall apart.
I mean sure who gives a sh*t about a few Brits in Germany, but if that's what is going to happen to individuals, businesses are really going to suffer.
I'm alright JackComment
-
A drop in the ocean compared to the "assets" we put into the EIB (which we aren't likely to get back any time soon, if ever).Originally posted by darmstadt View PostHis heart is in the right place - shame we can't say the same about his brain...Comment
-
We’ve only put £9b in, and received more than £35b in financing back.Originally posted by Mordac View Post
The UK's stake in the European Investment Bank - Full FactComment
-
Do you mean "they have lent £35b, which will have to be repaid, as with any bank loan"? What happens to our 16% stake? And our £9b of "deposits"?Originally posted by meridian View PostHis heart is in the right place - shame we can't say the same about his brain...Comment
-
That's what financing normally means.Originally posted by Mordac View Post
What £9b in deposits? Did you read and/or comprehend the link? It's all in there. We have "a stake" in EIB, which is 16% and is worth EUR3.5b if valued as capital. If that 16% is valued as equity, reserves, and funds then it totals around £9b.What happens to our 16% stake? And our £9b of "deposits"?
What that appears to mean is that we have put in only £3b and we have retained profits of an additional £6b.
As to what happens to it, IMO that should be part of the Withdrawal Agreement where there is a settlement of liabilities offset by any return of assets. It's either already included in the WA sums (if you trust the Brexiteer Davis to have negotiated this when he agreed the settlement principles) or there hasn't yet been a decision reached on whether or not the UK will leave the EIB.Comment
-
When somebody loans you 35 quid it’s your problem to repay it, but when somebody lends 35 bln...Originally posted by Mordac View PostComment
-
May Today
nah, - january, - do keep up, ivanComment
Comment