The EU give away by Mr Burnham will slow our growth and cost a lot

Preparation for the big give away to the EU.
The UK government should say Nothing is agreed until everything is agreed in its Re Set talks, to avoid being pressurised into conceding give aways without securing its objectives. There are rumours they have given away various concessions without securing a full deal.
Main topics
1 Surrender of £6 bn worth of fish quota over 12 years to 2038 to get talks. This is fish we could let UK boats land in the UK and process here.
2. Surrender to EU demand for a  discount on student fees for EU students at UK universities. Who pays, taxpayers or UK universities? Why should we allow such a big concession when earning overseas student fees is such a big part of UK university finance, supporting the best universities in Europe.
3. Higher carbon taxes putting up energy prices  will follow from  joining their emissions trading and carbon scheme.
4 Introducing a UK cbam ( a border tax on high energy content goods from non EU)  to align with EU tariffs on imports from non EU will  push up business costs leading to more industrial closures. Consumer prices will rise, as it is also a tax on UK consumers.
5.A big  increase in the cost  of student support by switching to the Erasmus scheme from Turing. Erasmus will cost £800 m compared to £120 m for Turing. We will be  paying  for many more EU students to benefit where Turing just helps UK students. Turing allows UK students to study  in many places around the world whilst Erasmus is EU institutions only.
6. A planned Youth Mobility scheme is part of the way to open borders, placing more strains on  housing and jobs in UK for young people. We are already short of homes and jobs without inviting more to come?
7. The planned SPS Agreement will prevent some of our advanced research and innovation in food and farming.
8 Regulatory alignment will burden the big majority of UK businesses that do not export with new costs and rules for no good reason.
9 AI linkage will stifle  our faster growth rate in tech by applying very restrictive EU rules to our faster growing and larger industry.
10 The proposed contribution to their solidarity fund and being made to pay the costs of their excessive regulations  faces UK taxpayers with a big bill they cannot afford. Shouldn’t the EU be paying us for trade as they sell us so much more than we sell them?
11 The trade changes are likely  to boost EU goods exports to us more than our exports to them, so reducing growth not boosting it. The government seems unaware we run a big deficit with them. It misses the point of their tariffs, rules and imposed costs that they are designed to get us to import from the EU rather than from better and cheaper suppliers from the rest of the world where these are available.
12 Linking more into their electricity system will  make us more dependent on continental power and drive up prices. We need more of our own capacity, not more links to a continent which it itself very short of energy.

Leave a Reply

Your email address will not be published. Required fields are marked *