| Cost of Chagos Islands deal rockets 13:50 - Aug 12 with 5174 views | AnotherJohn |
Said to be about 10 times what Starmer claimed, despite some Treasury jiggery-pokery which uses a bizarre formula whereby future spending is given a lower value than present spending (the "Social. Time Preference Rate").
https://www.standard.co.uk/new [Post edited 12 Aug 2025 13:59]
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| Cost of Chagos Islands deal rockets on 09:02 - Jan 25 with 237 views | AnotherJohn |
| Cost of Chagos Islands deal rockets on 21:45 - Jan 24 by ReslovenSwan1 |
I am not an accountant but the HM Government is suggesting it t is £100n a year for 100 years with no mark up for Inflation. That is £10 billion in cash.
They are suggesting the £3.6billon valuation is that real value allowing for a notional inflation of say 5% . That would be good for UK.
If however the £100m is adjusted for inflation it is the bigger figure £10 billion in real terms as the £100m increases every year.
Then there is the rent USA pays UK for land it does not own. Sub lease. Hopefully that is payable and is increased with inflation. Ideally the deal with Mauritius does not include inflation and the deal with USA does. in this case UK will have a good income in the later parts of the lease. By then USA if still a global power might gazzump UK and sign their own m lease with Mauritius.
Thinking about it. It could be that is what Trump is doing right now. It fits his business style. One hopes that our well paid UK lawyers will kick that one into touch. All hypothetical of course.
There is more heat than light on this thread it seems to me.. Where everything is politicised clarity is missing. You gave to trust UK lawyers and accountants. They ars pretty good. [Post edited 24 Jan 21:54]
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My opening post mentions the social time preference rate that the Government has used to estimate future costs. These projected costs are modified by a discount factor. The discount rate is set at around 3.5% p.a. but then declines over time. The rationale for this is that a public benefit element is incorporated in a cost-benefit calculation, but critics argue that this underestimates the real financial cost to the UK in this case. So HM Treasury is not utilising a straightforward inflation or zero inflation calculation.
https://www.oxera.com/wp-conte | | | |
| Cost of Chagos Islands deal rockets on 15:21 - Jan 25 with 172 views | ReslovenSwan1 |
| Cost of Chagos Islands deal rockets on 09:02 - Jan 25 by AnotherJohn |
My opening post mentions the social time preference rate that the Government has used to estimate future costs. These projected costs are modified by a discount factor. The discount rate is set at around 3.5% p.a. but then declines over time. The rationale for this is that a public benefit element is incorporated in a cost-benefit calculation, but critics argue that this underestimates the real financial cost to the UK in this case. So HM Treasury is not utilising a straightforward inflation or zero inflation calculation.
https://www.oxera.com/wp-conte |
Thank you. I will give it a read. |  |
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| Cost of Chagos Islands deal rockets on 13:21 - Jan 26 with 122 views | controversial_jack |
| Cost of Chagos Islands deal rockets on 23:27 - Oct 8 by max936 |
I don't know I don't read any of them, but I see plenty of pure nonsense posted online from the Daily express none of it turns out to be true., it is true that the People of Chagos wanted to remain British but were let down by this clown of a Prime Minister, so I expect that they feel entitled to come to Britain after their Island has been given away.
The main point I was making was regarding the Daily Express has a "Newspaper" [Post edited 8 Oct 2025 23:29]
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There are no permanent residents on Chagos. The ones expelled to Mauritius, want neither British or Mauritius citizenship, they want independence.
Let down by this PM? Negotiations were started under the last govt. | | | |
| Cost of Chagos Islands deal rockets on 13:39 - Jan 26 with 112 views | Joesus_Of_Narbereth |
| Cost of Chagos Islands deal rockets on 13:21 - Jan 26 by controversial_jack |
There are no permanent residents on Chagos. The ones expelled to Mauritius, want neither British or Mauritius citizenship, they want independence.
Let down by this PM? Negotiations were started under the last govt. |
Most of them are living in Crawley. They are taking legal action to try and stop the deal and are campaigning for a referendum so Chagossians can have the final say on what happens. |  |
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