required field
- 03 Feb 2016 10:00
Thought I'd start a new thread as this is going to be a major talking point this year...have not made up my mind yet...(unlike bucksfizz)....but thinking of voting for an exit as Europe is not doing Britain any good at all it seems....
Cerise Noire Girl
- 08 Jan 2019 09:31
- 11304 of 12628
Interesting to note that the children’s hospital chosen by Theresa May to launch the government’s new NHS plan yesterday was built using financing from the European Investment Bank - which will be cut-off after Brexit.
Alder Hey Children’s Hospital is one of 18 British hospitals over the past 10 years to receive financing from the EIB, with £56 million going towards its reconstruction in 2013.
The use of the hospital as the backdrop to the government’s NHS plan appears to be at odds with their attempts to paint a rosy picture of a thriving health service after Brexit.
According to the People’s Vote campaign 18 hospitals across the UK have been built using financing from the EIB, with loans totalling £2.9 billion since the first hospital was financed in 2003, and over the past ten years, the UK health sector has received more than £1 billion in EIB loans, to build hospitals, drive innovation and help SMEs develop cures.
The campaigners have warned that Britain’s access to this money will be cut off after Brexit, with the exchequer secretary to the treasury confirming recently that Britain will no longer be a member of the EIB after Brexit, and that there is no clarity over the precise way this access to finance for UK projects will be replicated.
Dil
- 08 Jan 2019 09:38
- 11305 of 12628
So the EIB lent us our own money , that's damn decent of them.
Cerise Noire Girl
- 08 Jan 2019 10:07
- 11306 of 12628
Not exactly, Dilbert. The EIB has provided considerably more funding for UK infrastructure projects than the value of the UK's shareholding in the EIB.
Martini
- 08 Jan 2019 10:22
- 11307 of 12628
Fractional banking - its how banks got so rich unless of course you pick too many bad ones like Greece or sub prime.
iturama
- 08 Jan 2019 10:26
- 11308 of 12628
Many years ago I used to walk past Alder Hey Hospital on my way to and from school. That was well before the EIB existed. I'm sure it really was not built by the EIB. Honest. I saw the bricks.
Financing for various reasons is what banks do, including the EIB. Interestingly, it has been criticized recently by its major EU lender countries (the usual few) for poor governance and cost controls. Who would have believed an EU institution would have control problems? Mon dieu. As for the UK being cut off from its funding, I wonder how Russia managed to get it to fund its M10 motorway, or Ghana, its Bujagali Hydroelectric project? China recently received a Eur300M loan for "climate control". More remainiac alarmist propaganda.
Dil
- 08 Jan 2019 11:37
- 11309 of 12628
Oh dear wrong again Hils , who you taking advice from Carney ???
Dil
- 08 Jan 2019 11:38
- 11310 of 12628
And isn't the point of banks to lend more than they have ?
iturama
- 08 Jan 2019 11:40
- 11311 of 12628
Apropos of Alder Hey, across the East Prescot Road from it was the Knotty Ash village hall in the kingdom of the diddy men. Ken Dodd lived within short walking distance and died in the same house. The Beatles used to play at the Village Hall on occasions, booked by the mother of Pete Best, the group's drummer before Ringo Starr.
Dil
- 08 Jan 2019 11:54
- 11312 of 12628
The Peoples Vote should from here on in be referred to as the Bad Losers Vote.
Dil
- 08 Jan 2019 11:55
- 11313 of 12628
Met Ken Dodd a few times , was a real nice guy.
Cerise Noire Girl
- 08 Jan 2019 12:17
- 11314 of 12628
How am I wrong exactly, Dilbert? Are you suggesting that my comment was factually inaccurate?
And, fwiw, I think we've all seen what happens in the UK when they try to carry out infrastructure improvements themselves, vis-a-vis the Royal Liverpool Hospital down the road from Alder Hey which tried to fund its new extension via a Carillion PFI and now needs new funding to finish the job.
cynic
- 08 Jan 2019 12:47
- 11315 of 12628
how was the high speed rail network in spain funded?
i know it has nearly bankrupted the country
iturama
- 08 Jan 2019 13:38
- 11316 of 12628
Hilary is partially correct. The new hospital was built in Springfield Park which was, as I remember, a nice mature park and lake adjacent to the old hospital. The old hospital is being demolished and the park reinstated. However, the EIB only supplied, on a competitive tender basis, about 30% of the financing, so it hardly financed or built the hospital. Nor could it have done. It has enough of a problem organizing itself.
Stan
- 08 Jan 2019 16:32
- 11317 of 12628
So no deal is off as far as these two are concerned
https://www.bbc.co.uk/news/uk-politics-46795406
When will someone with authority in this useless government make their mind up 😃
cynic
- 08 Jan 2019 16:37
- 11318 of 12628
good job JC has no authority then for he can never ever make up his mind about anything at all
2517GEORGE
- 08 Jan 2019 16:39
- 11319 of 12628
Yes it would be so straightforward if they adhered to democracy wouldn't it Stan?
Fred1new
- 08 Jan 2019 16:43
- 11320 of 12628
democracy
[dɪ'mɒkrəsi]
■ noun (plural democracies) a form of government in which the people have a voice in the exercise of power, typically through elected representatives. ▶a state governed in such a way. ▶control of a group by the majority of its members.
Clocktower
- 08 Jan 2019 17:29
- 11321 of 12628
If the country were to stay in the EU without a way out then what point is keeping the monarchy?
2517GEORGE
- 08 Jan 2019 17:46
- 11322 of 12628
Re post 11320
Democracy is about much more than elections. By “democracy” we mean the existence of properly functioning institutions and the rule of law to protect people from all forms of discrimination and uphold their human rights – people having a say in the decisions that affect them through accountable, participative, representative and transparent political systems. Progress in this area can sometimes come quickly, even unexpectedly; but it is more often the work of decades.
Cerise Noire Girl
- 08 Jan 2019 17:46
- 11323 of 12628
Why don't you ask that question of Belgium, Denmark, Luxembourg, the Netherlands, Spain and Sweden?