ChatterBank0 min ago
Cost Of Brexit So Far?
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Can anyone point me in the direction of how much we have spent on Brexit so far? And how does that compare with the savings that might come from it?
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For more on marking an answer as the "Best Answer", please visit our FAQ.No figures available without a biased slant. However it is estimated that the EUSSR costs Britain £118Billion a year. I cannot imagine that the "negotiations" hold a candle to that figure...…...can you?
""In our book The Great European Rip-Off, my colleague David Craig and I estimated the total cost to Britain of the EU, once the harmful impacts of its numerous policies and regulations have been taken into account, to be £118 billion a year. That is equal to £1,968 for every man, woman and child – a life-changing amount of money for millions who are currently struggling to make ends meet. ""
https:/ /www.te legraph .co.uk/ news/wo rldnews /europe /619870 8/EU-co sts-Bri tain-11 8bn-a-y ear.htm l
""In our book The Great European Rip-Off, my colleague David Craig and I estimated the total cost to Britain of the EU, once the harmful impacts of its numerous policies and regulations have been taken into account, to be £118 billion a year. That is equal to £1,968 for every man, woman and child – a life-changing amount of money for millions who are currently struggling to make ends meet. ""
https:/
I suspect the total is in or around the low billions. One could also make a case that Brexit has already had a slight impact on growth over the last couple of years. I daresay there is the possibility of making a reasonably accurate estimate: one study suggested that the economy would have grown about 2% more than it actually has since 2016 has we voted to remain, which is equivalent to £500m lost per week since June 2016 (link at end), but this can only be an estimate.
https:/ /www.ce r.eu/in sights/ cost-br exit-ju ne-2018
https:/
Togo: I'd generally speaking take with a pinch of salt any article that begins with "in our book...", because at that point the guy's clearly trying to sell something.
Still, I am not sure that the Centre for European Reform is any less biased as a source. The article I linked to does, at least, have the advantage that it criticises its own model and explains how they tried to test it, which is one up on what looks rather like some dubious accounting.
Still, I am not sure that the Centre for European Reform is any less biased as a source. The article I linked to does, at least, have the advantage that it criticises its own model and explains how they tried to test it, which is one up on what looks rather like some dubious accounting.
How much did the failing banks cost us?
How much does the overpaid BBC cost us?
How much did the consultancies for HS2 and London Crossrail cost us, to name just a few projects.
How much did the Carillion failure cost us, because the regulators, who also cost us too much did not get the big four audit companies, who also cost us billions, to do their job properly.
So Brexit? Piddling!
How much does the overpaid BBC cost us?
How much did the consultancies for HS2 and London Crossrail cost us, to name just a few projects.
How much did the Carillion failure cost us, because the regulators, who also cost us too much did not get the big four audit companies, who also cost us billions, to do their job properly.
So Brexit? Piddling!