Brexit thread - what happens next

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The British research and innovation sector, which generates 16 percent of top-impact papers worldwide, will have to brace solid downfall. While Britain paid 5.4 billion euros into the EU research budget between 2007 and 2013, it received 8.8 billion euros back in grants.

British labs, in particular, depend on a quarter of public research funds. A cut in the funding (which could possibly drag on for another decade) will leave a dent on the innovation sector.

British researchers have a limited choice left. British chancellor George Osborn announced last week that he would have to slash public spending to pay for costs of Brexit. The estimated cost is amounting to $100 billion by 2020. Science is vulnerable to the most cuts.

Innovative British companies, including Rolls-Royce and British Telecom rely on single market access and common regulations with 27-nation bloc to save expenses and access free movement. Research and development teams across British companies have made their views clear. It’s clear from the Brexit analysis that Britain would be making huge near-term losses with long-term negative impact.

It won’t participate in EU’s magnetic containment fusion experiments, the most advanced in the world. The EU’s JET reactor has given British engineers a unique edge in technology. The 3.3-billion-euro Innovative Medicines Initiative won’t be open to Britons. British labs will lose R&D opportunities from the EU pharmaceutical industry.
 
My personal belief is that all direct EU funding like grants and so on to UK universities should be protected by the new government as part of the transition.

But then I guess the upshot of this will be, the next time the academics say 'Don't do that, it's a ******* stupid idea' you won't all be able to ignore them by going ''EU SHILL!111!!' :p
 
OK this the 3rd if 4th post in the various European threads I read in which you joke of "darkies"

******* grow up

show me the other threads then, I thnk you'll find this is the first time I used that language to point out that this is the nostalgic crap that influenced people to want to leave
 

The UK doesn't put into the research budget. The UK puts into the EU budget, and the EU puts into the research budget.

So the gov just had to match the spending of the EU in this area using the money we will no longer be contributing

Osbourne won't be Chancellor, so don't worry about his punishment budget either.
 
Knowing quite a few people who work in research and not known anyone who voted out myself. Another issue is the base level funding for many UK universities from all the EU students who study here - they would essentially be foreign students in a few years time and will have to pay the same sorts of fees.

I would like to know what the government will do make up the shortfalls.

Shortfalls? From Students having to pay higher fees... EU students no longer getting free tuition in Scotland but having to pay Foreign student rates? Where is the shortfall coming from when they're paying more money?

Sure Basket weaving at some ex-poly might have to be cancelled due to lack of interest but places at the top universities will be attractive regardless. In fact perhaps if we can get some control over migration then we can go back to giving post work visas to foreign graduates - the lack of which currently puts off some of those foreign non-EU students choosing between attending our elite universities and US ones...
 
Much of it. But instead of the "terrible" EU telling us to spend it on urban and rural development and regeneration schemes, farming subsidies and education programmes etc, the British government will be able to spend it on something much better like bankers bonuses and fat cat salaries. Still, take back control eh?

You do realise that you are still getting the same fat cats in eu doing it to us don't you?

It's not much of it, it's all of it. It appears that there are five main contributors with us currently giving the 2nd highest behind Germany. For the common assumption that we pay in £350m per week (not quite true but not far off) we get trade in eu. In return for paying that in each week and allowing free move,ent for eu members we get a rebate of about £200m where the eu tell us how to spend it and on what.

By leaving the eu we would negotiate say paying in £100m (so £50m better off each week) and removing free movement.

It is my understanding that we would welcome immigrants in based on a similar points system to that of Australia where we favour skills we are missing as a country and stopping people coming over just for the benefits we offer our residents. We would alSo still welcome refugees.

Those are just my numbers by the way ;)
 
Yup. As I posted in the other thread, my Mrs has already experienced it.
I just hope it all calms down before my son starts school next year. If it's not nipped in the bud he's going to have a really bad time being called Tadeusz.

I sincerely hope it's just a small minority of plebs doing it.

The school should squash any of that pretty quickly if it were to happen.

Disgusting nonetheless.
 
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