 
BREXIT AFFAIR:U.K HEADED FOR
DOOM
BY ABDULMUMINI ADEKU….
The United kingdom will most
likely be headed for its
doom unless it faces to the
realities and stop deceiving the people
for nationalistic reasons
The News office Desk of the
E.N.M.Paedia Express Multimedia Group of
Lagos,Nigeria had started to
ask critical questions against the backdrop
Of recent revelations in the
global media that the Pounds Sterling was
Appreciating at a time it was
meant to take a hit with his decisions to leave
The European Union said to
have divided the global polity
In a terse reply ,Mr
Babatunji Wusu ,who was a student who did his
post graduate studies in a
European University and worked extensively
on Brexit simply replied that
the nation was walking a tight rope and that
he did not believe the
reports that The Pounds Sterling was appreciating
His words:”u.k. is headed for
a Doom”
This medium intends to
publish the texts of the transcripts of Mr
Babatunji Wusu’s works at the European
University as soon as it is
made available to
Encyclopedia Express
QUICK FACTS ABOUT THE BREXIT
AFFAIR!!!
HOW MUCH DOES THE U.K RECEIVES FROM THE EUROPEAN UNION
In 2017 the UK government paid £13 billion to
the EU budget, and EU spending on the UK was forecast to be £4 billion. So
the UK's 'net contribution' was estimated at nearly £9 billion.
Each year the UK gets a discount on its contributions to the EU—the
'rebate'—worth about £5.6 billion last year
HAS THE U.K LEFT THE EUROPEAN UNION NOW:
The UK held a referendum on whether to leave the European Union. 51.9% of voters
voted to leave. ... A letter
from May is handed to
President of the European Council Donald Tusk to invoke Article 50, starting
a two year process with the UK due to leave the EU on 29 March
2019.,but it has not left as at press time.
HOW THE U.K BENEFITS FROM THE EUROPEAN UNION:
The CBI estimates that the net benefit of EU membership
is worth 4-5% of GDP to the UK, or £62bn-£78bn per year. In 2014,
the ONS reported that the EU, which is the world's
biggest economy, accounted for 44.6 per cent of all UK exports
of goods and
·
services,
and 53.2 per cent of the UK's imports of goods and services.
|
WHAT THE U.K GETS IN RESEARCH FUNDING FROM THE EUROPEAN
UNION
The UK is one of the largest
recipients of research funding in the EU. Over the period 2007 – 2013 the UK
received €8.8 billion out of a total of €107 billion expenditure on research,
development and innovation in EU Member States, associated and third countries.
This represents the fourth largest share in the EU.
In terms of funding awarded on a
competitive basis in the period 2007 – 2013 (Framework Programme 7), the UK was
the second largest recipient after Germany, securing €6.9 billion out of a
total of €55.4 billion.
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