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......... Brexit just goes from bad to wurst......
......... Brexit just goes from bad to wurst......
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https://timesofindia.indiatimes.com/world/uk/the-price-of-brexit-how-much-is-leaving-the-eu-costing-uk-businesses/articleshow/119370348.cms
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Good work by the populists
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Economic and democratic freedom is priceless.
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A man with a full belly can talk of democracy
Economic freedom……. Fecal matter in American chicken, Digital Tax under reconsideration. That type of Economic freedom and Sovereignty? |
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Phew - How lucky is that ? - we now have a totally independent trade policy......
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how can anyone know how the UK economy would have fared if we had stayed in the EU. All the figures are based on guesses on how the economy would have performed. The German economy tanked for a couple of years and was in recession for a period. Has that been factored into UK assumptions, Every single EU country has faced significant financial challenges in this period caused by the war in Ukraine, Covid etc. How have these major significant impacts been factored into the calculations to come up with an impact of Brexit figure??
Report author and trade economist Catherine McBride said: “A false narrative that Brexit has harmed UK trade is now firmly entrenched in the British public psyche, but this just isn’t true. The trade data doesn’t show this. Just as false is the idea that trade friction has reduced UK-EU trade. “The vast majority of UK and EU trade is conducted by multinational companies who manage to sell goods all over the world without baulking at the paperwork, but the UK media somehow assumes these companies are too stupid to cope with some additional EU paperwork.” |
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Erm…. Because it is so much more difficult to do business with Europe because of all the paperwork and associated cost’s
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Erm... There has obviously been an impact given a major change to the trading relationships. What I am saying is that it is impossible to put a figure on the impact of Brexit and some of the figures quoted are stated like they are facts but are merely guesses
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saddo14 Mar 25 17:58Joined: 04 Dec 05 | Topic/replies: 52,688 | Blogger: saddo's blog
No all day breakfast at spoons. All day brunch (from 11.30) and a pint of Shipyard about £6.30, astonishing. 6 pounds 30 seems expensive for a pint in spoons Saddo for pubs IMO with no character, have they started showing sports in English locations ? They do show GAA in Blackrock Dublin, which is an affluent area, prices were cheap far cheaper than in Dublin. Anyway I'm not Lee Anderson it's not for me to advise people how to spend their money on food or drink. On the breakfast / brunch discussion, is there any difference on plate, which the customer receives ? I've never looked at their menu because I wouldn't eat in their establishments, I just assumed it was all day breakfast. |
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Another Brexit benefit.
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https://www.britishchambers.org.uk/news/2025/08/the-reality-of-uk-services-trade-post-brexit/
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How's it going grok?
Labour's main post-Brexit deals, including the UK-India FTA (£4.8bn annual GDP boost) and EU reset (0.3% GDP uplift, ~£7.5bn/year long-term), project a cumulative value of roughly £150-200 billion in added GDP by 2040, assuming phased implementation. Brexit's estimated 4% permanent GDP hit translates to ~£100 billion annual loss on current trends. Cumulatively, this exceeds £1.5 trillion by 2040, dwarfing deal benefits by over 10x. |
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One of Brexit’s biggest donors wants to move to Australia.
Lord Edmiston; who gave £1 million to Brexit campaigns; now says Britain is in chaos, the NHS is broken, and the tax system is driving business away. He’s applying for permanent residency in Australia, praising its hybrid healthcare system and stable politics. So the man who helped sell “Take Back Control” is abandoning the Brexit sinking ship. Brexit’s architects are leaving the country they broke. |
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Interesting he attributed his reasons for leaving amongst others,chaos,now or in future?
If as predicted Mr Brexit himself gets in to no 10 in a few years time there will be a lot more leaving. I'm not sure can British businesses even plan ahead and i won't be investing too much myself. The economic flat line from this mornings news is going nowhere for maybe years? |
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It was not Brexit that has caused the current malaise, it was domestic politicians of all parties who don't have a clue. Mind you France is far worse.
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Nah just 4% of gdp every year, cumulative knock.
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The estimate is 4% per year ? - Really ? Are you sure ?
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Err, 4%, has to be 4%
Maybe you have a novel accounting method where a 4% hit isn't 4%, give it a go |
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OK - it's clearly not 4% per year when the report states that the OBR estimate is a cumulative 4% hit to GDP over the 'long term' - so you are totally incorrect - yet again.
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Year one 1.....100 down to 96.... 4%
Year2 grows 1%....101.....97.....another 4% Year 3 grows 1%....102....98.....another 4% Simples innit, 4% a year,.. Of course if you total them, it stays at 4% But it's a real hit, every year of 4% |
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You don't have a clue what you are talking about.
What part of 'cumulative 4%' don't you understand ? |
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Myth #1: Brexit has cost the UK economy 4% of GDP.
There is so much wrong with this myth. Firstly, it is mostly misquoted. The OBR’s chairman, Richard Hughes, claimed in October 2021 that the impact of Brexit ‘would reduce our long-run GDP by around 4%’. By ‘long-run’ he meant over 15 years, but many people repeating his claim usually leave out the ‘long-run’ bit and some have even claimed this would be an annual cost. But even the original prediction is unlikely to come true while the misquotes are just ludicrous. |
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Lol, sorry for showing you up again. Don't be so upset.
4 % lost every single year, what could you do with 4% of gdp each year? |
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Oh dear - you still can't understand it ......
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I don't, lol, ha ha ha,
My workings are there, where is my mistake It's 4% every year |
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"Myth #1: Brexit has cost the UK economy 4% of GDP."
To be honest I don't really care either way. I do care that we can't trade with our nearest partners for no obvious benefit. Brexiteers seem to spend an awful lot of time arguing that we didn't punch ourselves in the testicles with as much force as some commentators claim. I would argue punching yourself in the testicles is a bad thing to do however you do it. |
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Who can't we trade with exactly ?
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The problems of being in the EU still apply as the deal done means that we still comply with 90% of the rules that put us at a disadvantage.
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Its worse than 90%
Brits have to wait over 90% longer to be processed through Alicante Airport. Thats money check, finger print check, passport check and generally "Does he look dodgy check"..... Some get through in five to ten minutes as they used to Prior to Brexit, but if you take the "NON EU PASSPORT" line at Spanish Airports be prepared for long delays. |
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Any quicker for gypos like yourself?
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242,772 people in the UK applied for an Irish passport in 2024,in 2015 the figure was 873.
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I am enjoying my Brexit.
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Tanglefoot also enjoys having a rusty nail hammered into his testicles.
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What price economic and political freedoms ? - We are paying peanuts , if anything at all.
Less choice ? - Our shops are piled high with enough choice for everybody. More expensive EU goods ? - Who cares ? - Don't buy them - Buy British. Blame the EU for the paperwork - that's up to them not us. Queues at airports ? - I've not had a problem but again rules set by EU - blame them. |
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Lol, he's thought about it, and still got it wrong
Where are my figures wrong? Just show your workings, I'm right, you know it, I know it, everybody else knows it. You can bluster all you like But seemingly no illustration to back up your bluster |
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Post up your link to the "4% GDP loss caused by Brexit" article and we can go (laugh) from there.
You won't of course because you will read it through and realise you've made a fool of yourself (again). |
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The Office for Budget Responsibility (OBR) estimates that leaving the EU under the Trade and Cooperation Agreement will reduce the UK's long-run productivity by 4% compared to remaining in the EU. This is not an annual loss, but a long-term impact on the size of the economy, primarily because new trade barriers to the EU increase the cost of doing business and inhibit specialization. The full effect is expected to take 15 years to be realized.
You've been arguing the toss for years based on a complete misunderstanding of the situation. Oh dear. |
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Oh a tangent, we are arguing about 4% you've already
posted about now, lol It's 4% this year, 4% last year 4% next year They even think it could hit 5% in time now. You know this, I know this, everybody knows this Get yersel a bigger spade |
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