Crosswords1 min ago
Pound Falls Ahead Of Theresa May Brexit Speech
http:// www.bbc .co.uk/ news/bu siness- 3863214 0
And she hasn't even opened her mouth yet !
What an asset Mrs May is to Britain....the cause of a 20% drop in the value of Sterling.
And she hasn't even opened her mouth yet !
What an asset Mrs May is to Britain....the cause of a 20% drop in the value of Sterling.
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Best Answer
No best answer has yet been selected by mikey4444. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.jim; for the record, The UK pays more into the EU budget than it gets back.
'In 2015 the UK government paid £13 billion to the EU budget, and EU spending on the UK was £4.5 billion. So the UK’s ‘net contribution’ was estimated at about £8.5 billion.'
So not only will the UK science get back what it now receives, the government will have £8.5 billion extra for science, arts and whatever, money which is presently being squandered on excessive salaries and pensions for the EU bureaucrats and assorted madcap projects.
'In 2015 the UK government paid £13 billion to the EU budget, and EU spending on the UK was £4.5 billion. So the UK’s ‘net contribution’ was estimated at about £8.5 billion.'
So not only will the UK science get back what it now receives, the government will have £8.5 billion extra for science, arts and whatever, money which is presently being squandered on excessive salaries and pensions for the EU bureaucrats and assorted madcap projects.
//Before we can stand on our own two feet again, we must first grow a backbone.//
We did grow a backbone, we voted to leave!
//"False from your perspective, correct from economic context of this thread."
... Wait, what? //
The thread was about the economy and the relative ups and downs of the pound. The research funding you noted were programmes that have not produced significant economic benefit to the country as yet. This is where I was going, what research has produced something of economic benefit.
Jim, I haven't read the whole thread, but does this help?
//Scientists have welcomed a government commitment to underwrite all research funding commitments made before Britain leaves the EU, even if the projects continue for several years after Brexit. //
https:/ /www.ft .com/co ntent/d c053af6 -614e-1 1e6-831 0-ecf0b ddad227
//Scientists have welcomed a government commitment to underwrite all research funding commitments made before Britain leaves the EU, even if the projects continue for several years after Brexit. //
https:/
I'm afraid I can't access that link (paywall), but I think I was referring to that story already anyway, in my post at 14:59. If the government makes similar financial commitments for all other EU-related grants and subsidies and the like, it would be welcome; what's really needed is a long-term change in attitude from the UK government towards R&D, which has been neglected in recent years.
Jim, Not to worry. At least you know the commitment is there from my copy and paste.
//what's really needed is a long-term change in attitude from the UK government towards R&D, which has been neglected in recent years. //
Is that because in recent years it's been funded from our contributions to the EU do you think?
//what's really needed is a long-term change in attitude from the UK government towards R&D, which has been neglected in recent years. //
Is that because in recent years it's been funded from our contributions to the EU do you think?
It's an interesting point but I think the UK's R&D spending has been fairly low, proportionate to GDP, for rather a lot longer than the EU picked up the slack. Some of the figures are confusing me, however, so I'll leave it there.
Again, though, there is more to the EU's contribution to UK science than just money we can underwrite.
Again, though, there is more to the EU's contribution to UK science than just money we can underwrite.
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