Another Brexit Bonus

[MOZZER2]

Re: Another Brexit Bonus

fair play he;s still clinging to his principles after all this time !

Police have just seized our amplifiers x 2. And microphone. I still have megaphone. We are going to need more amplifiers and people. pic.twitter.com/6myZ3d6cMq

— Steve Bray Activist Against Brexit +Corrupt Tories (@snb19692) June 28, 2022

[Wales-Bales]

Re: Another Brexit Bonus

fair play he;s still clinging to his principles after all this time !

Police have just seized our amplifiers x 2. And microphone. I still have megaphone. We are going to need more amplifiers and people. pic.twitter.com/6myZ3d6cMq
— Steve Bray Activist Against Brexit +Corrupt Tories (@snb19692) June 28, 2022

It's these new protest laws innit, but nothing is happening according to delmbox & cyril.

[JamesWales]

Re: Another Brexit Bonus

He probably just wants to use his megaphone to tell everyone that Welsh food and drink exports are at a record high
https://gov.wales/welsh-food-and-dri...as%20announced.

[Dorcus]

Re: Another Brexit Bonus

fair play he;s still clinging to his principles after all this time !

Police have just seized our amplifiers x 2. And microphone. I still have megaphone. We are going to need more amplifiers and people. pic.twitter.com/6myZ3d6cMq

— Steve Bray Activist Against Brexit +Corrupt Tories (@snb19692) June 28, 2022

Steve is the Real Deal, should be PM for me,👍

[cyril evans awaydays]

Re: Another Brexit Bonus

Some very recent analysis from Bloomberg Markets UK paints a worrying picture. It's fine saying exports unadjusted for inflation are at record highs for instance until you compare them with performance against our major competitors within and without the EU. The investment trend is equally troubling though that gap can't be solely placed at Brexit's door.

https://www.bloomberg.com/news/articles/2022-06-27/britain-s-battered-economy-is-sliding-toward-a-breaking-point

[ninian opinian]

Re: Another Brexit Bonus

What have we done?

UK trade figures drop to worst level on record. Imports leap and exports fall. Caused by leaving the EU Single Market.

https://twitter.com/grahambsi/status/1542626615305375744?s=21&t=xUru0pP1sRfgXfVoe9nVQN-DgGhXXy9CkjkusVeQlYM

[Doucas]

Re: Another Brexit Bonus

Who could have forseen this..

UK trade performance falls to worst level on record in first quarter - https://www.ft.com/content/a31b4b8e-...retype=blocked

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https://www.ft.com/content/a31b4b8e-f9fc-4f1e-84c1-3632f194d05a?sharetype=blocked

The UK’s trade performance this year fell to its worst level since records began, heaping more pressure on sterling in international currency markets.

The country’s current account deficit was calculated at 8.3 per cent of gross domestic product in the first quarter of 2022, a deterioration from an average of 2.6 per cent across all of 2021.

It was the worst figure on record since quarterly balance of payments data was first published in 1955.

The weak performance of UK exports and a surge in imports highlight the economic effects of Brexit. The figures tally with academic studies that show a decline in exports since 2021, when the UK left the EU single market and new border controls were introduced.

The Office for National Statistics warned that the figures for the first quarter of 2022 were “subject to higher levels of uncertainty than normal”. It added that it had developed a new system based on customs records to increase accuracy.

Even when relatively volatile goods such as gold and other precious metals were excluded, the current account deficit still rose from an average of 2.4 per cent of GDP in 2021 to 7.1 per cent in the first quarter of this year.

The gaping current account deficit largely reflects a record imbalance of imports and exports. However, there were also deficits in investment income and transfers of money between countries.

The ONS said it was investigating a big rise in imports that it had recorded along with foreign direct investment and advised caution on interpreting the quality of the data.

Paul Dales, chief economist at Capital Economics, said the most noteworthy element in the figures was a 4.4 per cent fall in real exports and a 10.4 per cent leap in real imports.

“At the start of this year, the ONS started to measure imports between the UK and the EU in a slightly different way.” This resulted in a “large step change upwards”, he said, adding that the figures were “really hard to interpret”.

Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said a surge in energy prices was the main cause of the country’s difficulties.

He echoed former Bank of England governor Mark Carney, who warned repeatedly after the Brexit referendum that the value of the pound depended on the “kindness of strangers”.

“The adverse consequences of the UK dependence on external finance that stems from the large current account deficit have been clear over the past month, with sterling depreciating sharply as global investors have collectively shunned risky assets,” said Tombs.

The pound, which was stable in currency markets on Thursday morning, has lost more than 10 per cent of its value against the US dollar over the past year, while remaining broadly stable against the euro.

[Taunton Blue Genie]

Re: Another Brexit Bonus

Who could have forseen this..

UK trade performance falls to worst level on record in first quarter - https://www.ft.com/content/a31b4b8e-...retype=blocked

Did you just breach Copyright and flag up that you did

[Doucas]

Re: Another Brexit Bonus

Did you just breach Copyright and flag up that you did

[life on mars]

Re: Another Brexit Bonus

UK signed a trade deal with New Zealand in 4 months ago the EU’s negotiations took years of talks, how is that progression and helping European citizens..

I see inflation is spiralling in Europe , they can't fill HGV airport jobs they have a fuel crisis , is that because we left the EU ?? , only ask as some are so desperate to hang all issue onto Brexit , where it seems the whole world is in the same boat , they are also seeing the same pressures in the job market ,food shortages , inflationary pressures and fuel prices going up...

[delmbox]

Re: Another Brexit Bonus

It's these new protest laws innit, but nothing is happening according to delmbox & cyril.

what on earth are you talking about? no one's saying nothing's happening you mad OM wannabe, we're just saying it's not all the work of one madman with plans to reshape the entire world

[lardy]

Re: Another Brexit Bonus

what on earth are you talking about? no one's saying nothing's happening you mad OM wannabe, we're just saying it's not all the work of one madman with plans to reshape the entire world

Nice work delmbox, you've been promoted and I'm relegated.

Congrats!

[cyril evans awaydays]

Re: Another Brexit Bonus

Nice work delmbox, you've been promoted and I'm relegated.

Congrats!

Why, what happened???

[lardy]

Re: Another Brexit Bonus

Why, what happened???

RIP lardy&cyril

He's got a new favourite to stalk now

[life on mars]

Re: Another Brexit Bonus

Big Brexit beneft :

Germany plunging into debt .

Southern European countries approaching a Greece like recession moment and will want a bale out , sadly the EU or Germany wont be able to service it ...

Are we better out , I hear you shout , even some Labour Remainers are saying the same , or is that just Northern vote grabbing ???????