Brexit.

[north_antrim_hound]

And, seafoid, like Blanche DuBois, the North has "always depended on the kindness of strangers" 🇬🇧

You said it, Oraisteach

Well lets hope the South doesnt need a bail out, oh wait 

We need a bail out every year MR2.

The DUP are proud of that fact.

When did the UK start funding NI ie when was NI no longer able to fund itself?
It hadquite a strong economy 100 years ago.

Good point but what country doesn't have a deficit now it's the norm especially non EU ones.

[Milltown Row2]

Jeez MR2 

He's moved out of the wild west into the South East Antrim suburbs, forgotten his roots that lad.

Across the water then.. keep your knickers on 

[rrhf]

And, seafoid, like Blanche DuBois, the North has "always depended on the kindness of strangers" 🇬🇧

You said it, Oraisteach

As much as any funding and I'm saying this without too  figures I believe that the propping up of the economy may is as much about overloading public sector jobs by the tens  of thousands and creating an economy of dependence on Britain. By removing the teet only (which is current Tory policy) And still ignoring economic bungs there will be an increase in unemployment by at least 1 -2 percent of the
Population. NI has struggled since the demise of shipbuilding etc but ultimately with a stripped down social sector should ease supply of labour to industry. What it really needs is a 10 year economic and education / skills plan (one should feeds into the strategy of the other) a 20 year infrastructure modernisation plan. The supported spending on the second will provide the breathing space for the first to take hold.. finally the host needs to be decided? Britain, Ireland Europe but independence unless Europe funds everything is no option.

[north_antrim_hound]

And, seafoid, like Blanche DuBois, the North has "always depended on the kindness of strangers" 🇬🇧

You said it, Oraisteach

As much as any funding and I'm saying this without too  figures I believe that the propping up of the economy may is as much about overloading public sector jobs by the tens  of thousands and creating an economy of dependence on Britain. By removing the teet only (which is current Tory policy) And still ignoring economic bungs there will be an increase in unemployment by at least 1 -2 percent of the
Population. NI has struggled since the demise of shipbuilding etc but ultimately with a stripped down social sector should ease supply of labour to industry. What it really needs is a 10 year economic and education / skills plan (one should feeds into the strategy of the other) a 20 year infrastructure modernisation plan. The supported spending on the second will provide the breathing space for the first to take hold.. finally the host needs to be decided? Britain, Ireland Europe but independence unless Europe funds everything is no option.

Would be quite confident of EU funding in the event of a British withdrawal. The civil service to private sector employment ratio has to be addressed for sure but corporate tax rates aligned with the rest of Ireland could be huge for international investment.

[johnnycool]

Jeez MR2 

He's moved out of the wild west into the South East Antrim suburbs, forgotten his roots that lad.

Across the water then.. keep your knickers on 

That's Strangford where I'm from....

[north_antrim_hound]

Jeez MR2 

He's moved out of the wild west into the South East Antrim suburbs, forgotten his roots that lad.

Across the water then.. keep your knickers on 

That's Strangford where I'm from....

Always knew he was a closet westbrit. But he's let his guard down and the truth is out.  😂😂😂

[RedHand88]

And, seafoid, like Blanche DuBois, the North has "always depended on the kindness of strangers" 🇬🇧

You said it, Oraisteach

Well lets hope the South doesnt need a bail out, oh wait 

We need a bail out every year MR2.

The DUP are proud of that fact.

When did the UK start funding NI ie when was NI no longer able to fund itself?
It hadquite a strong economy 100 years ago.

I want to say the 1950s but willing to be corrected.

[armaghniac]

When did the UK start funding NI ie when was NI no longer able to fund itself?
It hadquite a strong economy 100 years ago.

I want to say the 1950s but willing to be corrected.
[/quote]

1937 is the date usually quoted.

Once the welfare state, NHS etc got going after 1945, and there was a commitment to have same in NI, there was a need to have a significant subvention.

[seafoid]

And, seafoid, like Blanche DuBois, the North has "always depended on the kindness of strangers" 🇬🇧

You said it, Oraisteach

Well lets hope the South doesnt need a bail out, oh wait 

We need a bail out every year MR2.

The DUP are proud of that fact.

When did the UK start funding NI ie when was NI no longer able to fund itself?
It hadquite a strong economy 100 years ago.

Good point but what country doesn't have a deficit now it's the norm especially non EU ones.

But not 27% of GDP

[Upthecut]

from the start the NI economy had difficulties. Under the GOI Act they had to make an imperial contribution which was about £8 million. This nearly threatened bankruptcy. The Unionist government sought a reduction in this but the British Government was less than sympathetic.
After the war there was a collapse in Industry and this caused a large jump in unemployment. The Unionist government wanted to match the British government's welfare programme but this was a disaster financially. by the end of 1923 the Unemployment fund was insolvent.
In 1925 the Colwyn award was introduced. N.I would make a instead of an imperial contribution, one based on domestic expenditure. this bought some stability but the 1930's created economic problems
The British government also made a financial contribution to the Special Constabulary due to the increased violence. The 'Belfast boycott' also brought economic problems as the south put economic pressure on the north in response to the expulsion of catholic workers from the shipyards.

Not sure if it answers the question but it suggests from the start that there were economic problems in the north from the start.

[seafoid]

from the start the NI economy had difficulties. Under the GOI Act they had to make an imperial contribution which was about £8 million. This nearly threatened bankruptcy. The Unionist government sought a reduction in this but the British Government was less than sympathetic.
After the war there was a collapse in Industry and this caused a large jump in unemployment. The Unionist government wanted to match the British government's welfare programme but this was a disaster financially. by the end of 1923 the Unemployment fund was insolvent.
In 1925 the Colwyn award was introduced. N.I would make a instead of an imperial contribution, one based on domestic expenditure. this bought some stability but the 1930's created economic problems
The British government also made a financial contribution to the Special Constabulary due to the increased violence. The 'Belfast boycott' also brought economic problems as the south put economic pressure on the north in response to the expulsion of catholic workers from the shipyards.

Not sure if it answers the question but it suggests from the start that there were economic problems in the north from the start.

Thanks

NI is too small to be viable imo

[RadioGAAGAA]

Would be quite confident of EU funding in the event of a British withdrawal. The civil service to private sector employment ratio has to be addressed for sure but corporate tax rates aligned with the rest of Ireland could be huge for international investment.

Just worth pointing out - Belfast would be the only place in Europe Airbus would be guaranteed could design and build tariff free modern aircraft wings - Filton and Broughton would have to cross the borders.

That is worth probably in the region of up to €10-15 Billion per year in revenue. A reasonable expectation might be to capture half that in 30 years time.

[north_antrim_hound]

Would be quite confident of EU funding in the event of a British withdrawal. The civil service to private sector employment ratio has to be addressed for sure but corporate tax rates aligned with the rest of Ireland could be huge for international investment.

Just worth pointing out - Belfast would be the only place in Europe Airbus would be guaranteed could design and build tariff free modern aircraft wings - Filton and Broughton would have to cross the borders.

That is worth probably in the region of up to €10-15 Billion per year in revenue. A reasonable expectation might be to capture half that in 30 years time.

"Wow" and that's only the aerospace sector, if we consider the possibilities across the whole business spectrum its very exciting.  I feel the north has great Human Resources and work ethic to take advantage of the opportunities that come with low Corp tax.

[RadioGAAGAA]

Well, that would have been a good result from the deal the DUP (and their East Belfast representative Gavin Robinson) turned down.

[rrhf]

Just say for example the DUP having reached the understanding over the last few years that a new Ireland is inevitable through the gfa and were being hard balled behind the scenes in Britain....had began to pursuing another strategy altogether, an independent financially viable place /federacy of Ireland called NI with a happy Irish/ British population and economic sustainability and prosperity bankrolled by Eu and beautiful parachute payments from Britain.  Having brought Britain to the brink of ungovernability and Brought it's prominence and importance to Europe... have they played a stormer or what.. in that crazy scenario....now with Britain and Europe on the brink...time to do its own deals and release the clamps and
Let the big fish off the hook...ching ching...next 6 weeks should be interesting...