the UK will need to “pay to play” in Europe

by veya_victaous on Thu Jan 11, 2018 3:07 am

Philip Hammond last night refused to rule out making substantial payments to the EU after Brexit in order to secure market access for British-based financial service firms.

Asked during a trip to Berlin whether the UK would be prepared to pay for access to the EU markets for City firms, the Chancellor was pointedly non-committal. “We will talk about all of these things,” he said.

The question of UK payments emerged after Bloomberg, the news agency, reported that Germany would demand “substantial” payments to EU budgets in exchange for market access as part of any “deep and comprehensive” trade agreement after Brexit.

Mr Hammond’s implicit acknowledgement that the UK may well need to “pay to play” in Europe after Brexit is likely to inflame passions among Brexiteers who have repeatedly warned such payments would be unacceptable.

More as source (paywall)
http://www.telegraph.co.uk/politics/2018/01/10/philip-hammond-warns-eu-takes-two-tango-says-must-stop-trying/

by veya_victaous on Thu Jan 11, 2018 3:09 am

what do Brexiters expect?

No one has to trade with the UK.

this is exactly what everyone with common sense said before hand
the UK will not be in a position to make any demands as to the terms of trade.
it has not a lot of choice but to accept whatever terms it is given

by Tommy Monk on Thu Jan 11, 2018 3:52 am

Let those who want to 'play'... do the paying for it!!!

Why should UK taxpayers pay to subsidise big profits for fat cats...?

Other trade can continue smoothly... with the UK regaing our democracy and parliamentary sovereignty...!!!

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