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Thread: Another Brexit Bonus

  1. #126

    Re: Another Brexit Bonus

    Quote Originally Posted by MOZZER2 View Post
    Brexit win for city of London

    https://www.express.co.uk/finance/ci...-market-update


    thats a surprise !
    ...in the interest of balance here's another, slightly more insightful, perspective

    https://www.ft.com/content/f83ddf05-...d-e82a54c71afa

    The City of London, like it or not, is hugely important to the UK economy. The impact of Brexit was a big worry. So far, it seems the City hasn't been hit as badly as some predicted - thankfully.

    So far.

  2. #127

    Re: Another Brexit Bonus

    Quote Originally Posted by Swiss Peter View Post
    ...in the interest of balance here's another, slightly more insightful, perspective

    https://www.ft.com/content/f83ddf05-...d-e82a54c71afa

    The City of London, like it or not, is hugely important to the UK economy. The impact of Brexit was a big worry. So far, it seems the City hasn't been hit as badly as some predicted - thankfully.

    So far.
    i thought the buffoon was supposed to be leveling up across the country not just London !

    wonder how much carlisle will get

  3. #128

    Re: Another Brexit Bonus

    Quote Originally Posted by Swiss Peter View Post
    "Make Remoaners choke on their sea bass".

    James "balance/facts/I hate bias" Wales.
    Come now Peter, I didn't make the headline and went as far as acknowledging and apologising for it.

    What do you think of the figures within it?

  4. #129

    Re: Another Brexit Bonus

    Quote Originally Posted by JamesWales View Post
    Come now Peter, I didn't make the headline and went as far as acknowledging and apologising for it.

    What do you think of the figures within it?
    I guess the question is whether you can extrapolate what has happened in one port out to the rest of the UK fishing industry. For balance here are articles giving perspective from Cornwall, the East Coast of England (apologies for the headline)and Scotland. What do you think of the detail within it?

    https://www.thegrocer.co.uk/fish/how...663179.article

    https://www.express.co.uk/news/polit...-market-update

    https://inews.co.uk/inews-lifestyle/...-dream-1391517

    To be fair all this ping pong is over an extremely emotional and locally important sector but one that is relatively unimportant to the UK's GDP. The Office of Budgetary Responsibilities forecast (dirty word I know) of a 4% hit to GDP as a consequence of the friction in the great UK/EU "free trade" deal and the absence of the services sector from it still holds true for them after their analysis of the first year of "freedom". If it's not fishing then the pain is going to be felt somewhere else based on the Government's own body.

  5. #130

    Re: Another Brexit Bonus

    Quote Originally Posted by cyril evans awaydays View Post
    I guess the question is whether you can extrapolate what has happened in one port out to the rest of the UK fishing industry. For balance here are articles giving perspective from Cornwall, the East Coast of England (apologies for the headline)and Scotland. What do you think of the detail within it?

    https://www.thegrocer.co.uk/fish/how...663179.article

    https://www.express.co.uk/news/polit...-market-update

    https://inews.co.uk/inews-lifestyle/...-dream-1391517

    To be fair all this ping pong is over an extremely emotional and locally important sector but one that is relatively unimportant to the UK's GDP. The Office of Budgetary Responsibilities forecast (dirty word I know) of a 4% hit to GDP as a consequence of the friction in the great UK/EU "free trade" deal and the absence of the services sector from it still holds true for them after their analysis of the first year of "freedom". If it's not fishing then the pain is going to be felt somewhere else based on the Government's own body.
    I think there's good and bad news and the reality will be neither sunlit uplands nor a 'catastrophe' or 'collapse'. And I'm fine with that. Let's wait and see.

    It wasn't me that posted the collage of headlines claiming farming and fishing were collapsing. That clearly isn't happening, and my intention was to demonstrate that.

  6. #131

    Re: Another Brexit Bonus

    Quote Originally Posted by JamesWales View Post
    Come now Peter, I didn't make the headline and went as far as acknowledging and apologising for it.

    What do you think of the figures within it?
    What did I think of the figures? I've read a number of articles relating to fisheries. Some suggest Brexit has had a negative impact - others are more positive. I don't knows what the real picture is. I'm not convinced anyone does yet. My view (fwiw) is still that damage to the economy may be mixed across sectors, but that Brexit will end up having a very large negative economic impact overall. To think otherwise (in my mind) defies logic. Maybe markets will adjust and I'll be proved wrong though.

    I think though that if I was billing myself on here as someone who is highly evidence-led and balanced in my approach I would avoid posting articles with absurd headlines which I immediately have to apologise for. I would worry that doing so would damage my credibility.

  7. #132

    Re: Another Brexit Bonus

    Post Brexit salaries have increased by 1.8%.

    These are all positive indicators that growth and opportunities remain strong and are cause for optimism.

  8. #133

    Re: Another Brexit Bonus

    Quote Originally Posted by life on mars View Post
    Post Brexit salaries have increased by 1.8%.

    These are all positive indicators that growth and opportunities remain strong and are cause for optimism.
    Inflation has risen by more.

  9. #134

    Re: Another Brexit Bonus

    Quote Originally Posted by Dorcus View Post
    Inflation has risen by more.
    Stop hating Britain

  10. #135

    Re: Another Brexit Bonus

    Quote Originally Posted by Eric Cartman View Post
    Stop hating Britain
    Nothing to do with hate, pure facts.

  11. #136

    Re: Another Brexit Bonus

    Quote Originally Posted by Dorcus View Post
    Nothing to do with hate, pure facts.
    Come on man, be like Brucie

    ( yes its a ........Brucie Bonus!!!)

    https://www.youtube.com/watch?v=rT8LsRVN7C4

  12. #137

    Re: Another Brexit Bonus

    UK economy above pre-covid levels in November

    https://www.bbc.co.uk/news/business-59991870

    surely good news lets hope we can keep omicron at bay and whatever else comes our way in the coming months

  13. #138

    Re: Another Brexit Bonus

    Quote Originally Posted by MOZZER2 View Post
    UK economy above pre-covid levels in November

    https://www.bbc.co.uk/news/business-59991870

    surely good news lets hope we can keep omicron at bay and whatever else comes our way in the coming months
    Good news, and I agree!

    Not at all sure what the relevance of this is in a thread about Brexit though?

  14. #139

    Re: Another Brexit Bonus

    well i thought it was welcome news as I read through this thread seems to be all doom and gloom apart from me and LOM of course !

    as for Brexit no one will ever know whether it was the right or wrong direction for the UK in the long run .Time will tell

  15. #140

    Re: Another Brexit Bonus

    Quote Originally Posted by MOZZER2 View Post
    well i thought it was welcome news as I read through this thread seems to be all doom and gloom apart from me and LOM of course !

    as for Brexit no one will ever know whether it was the right or wrong direction for the UK in the long run .Time will tell
    No one will ever know, but time will tell

  16. #141

    Re: Another Brexit Bonus

    Quote Originally Posted by lardy View Post
    No one will ever know, but time will tell
    Infinity maybe?

  17. #142

    Re: Another Brexit Bonus

    Quote Originally Posted by JamesWales View Post
    I think there's good and bad news and the reality will be neither sunlit uplands nor a 'catastrophe' or 'collapse'. And I'm fine with that. Let's wait and see.

    It wasn't me that posted the collage of headlines claiming farming and fishing were collapsing. That clearly isn't happening, and my intention was to demonstrate that.
    someone I know who is very perceptive about these things said at the time of the referendum that there would be no huge positive or negative effects initially, but that the UK would grow its economy a bit slower than the EU, a couple of percent less per year, but that would continue forever. so initially there wouldn't be any noticeable difference, but after 20 years had passed there would be a chasm.

  18. #143

    Re: Another Brexit Bonus

    • The UK economy grew by more than expected in November, surpassing pre-Covid levels. The Office for National Statistics revealed GDP was 0.7% larger than in February 2020.

  19. #144

    Re: Another Brexit Bonus

    another bit of great news for the manufacturing sector especially for the automotive industry

    https://www.bbc.co.uk/news/business-60066432

    this will cement the automotive industry for many years in the UK . see analysis too in the report regarding Brexit

    These giga factories will be spread around the UK in the future years too

  20. #145

    Re: Another Brexit Bonus

    Quote Originally Posted by MOZZER2 View Post
    another bit of great news for the manufacturing sector especially for the automotive industry

    https://www.bbc.co.uk/news/business-60066432

    this will cement the automotive industry for many years in the UK . see analysis too in the report regarding Brexit

    These giga factories will be spread around the UK in the future years too
    Is this Government investment only possible because of Brexit, Mozz?

    It's just that you've put it in the 'Another Brexit Bonus' thread.

  21. #146

    Re: Another Brexit Bonus

    Also Coventry gets the backing too for a giga factory to create 6,000 jobs which is to be expected really if gets the final nod from the government with JLR in the region which employs close on 35,000 people already which supports 100,000 supply chain jobs in the UK .boom time for the automotive industry for the next 10 years at least

    https://www.bbc.co.uk/news/uk-englan...shire-59964429

    @ swiss pete And under the Brexit deal, cars made in the UK and sold in Europe will soon have to contain a significant amount of UK or European parts

  22. #147

    Re: Another Brexit Bonus

    Quote Originally Posted by MOZZER2 View Post
    Also Coventry gets the backing too for a giga factory to create 6,000 jobs which is to be expected really if gets the final nod from the government with JLR in the region which employs close on 35,000 people already which supports 100,000 supply chain jobs in the UK .boom time for the automotive industry for the next 10 years at least

    https://www.bbc.co.uk/news/uk-englan...shire-59964429

    @ swiss pete And under the Brexit deal, cars made in the UK and sold in Europe will soon have to contain a significant amount of UK or European parts
    'Backed by Warwick District Council on Tuesday, the bid still needs backing from a car company and government.'

    The reaching to say brexit is good for jobs is beyond laughable.

  23. #148

    Re: Another Brexit Bonus

    Quote Originally Posted by Doucas View Post
    'Backed by Warwick District Council on Tuesday, the bid still needs backing from a car company and government.'

    The reaching to say brexit is good for jobs is beyond laughable.
    Seriously, can you start willing Cardiff City to get relegated because the truth is frequently the exact opposite of what you say. Correlation and causation blah blah blah, but still. Facts matter.

    Current Unemployment Rates in western European countries.
    https://tradingeconomics.com/country...ntinent=europe

    Spain 14.57%
    Greece 13.3%
    Italy 9.2%
    Austria 8.1%
    France 8.1%
    Sweden 7.5%
    Euro Area 7.2%
    EU Average 6.5%
    Portugal 6.1%
    Finland 6%
    Belgium 5.9%
    Germany 5.2%
    Ireland 5.1%
    Iceland 4.2%
    Norway 4.2%
    UK 4.1%
    Netherlands 3.8%
    Non-EU western European average 3.7%
    Denmark 2.8%
    Switzerland 2.6%

  24. #149

    Re: Another Brexit Bonus

    Quote Originally Posted by JamesWales View Post
    Seriously, can you start willing Cardiff City to get relegated because the truth is frequently the exact opposite of what you say. Correlation and causation blah blah blah, but still. Facts matter.

    Current Unemployment Rates in western European countries.
    https://tradingeconomics.com/country...ntinent=europe

    Spain 14.57%
    Greece 13.3%
    Italy 9.2%
    Austria 8.1%
    France 8.1%
    Sweden 7.5%
    Euro Area 7.2%
    EU Average 6.5%
    Portugal 6.1%
    Finland 6%
    Belgium 5.9%
    Germany 5.2%
    Ireland 5.1%
    Iceland 4.2%
    Norway 4.2%
    UK 4.1%
    Netherlands 3.8%
    Non-EU western European average 3.7%
    Denmark 2.8%
    Switzerland 2.6%
    This proves to me you know nothing about interpreting data. Tell me exactly how brexit has been good for jobs and wages.

  25. #150

    Re: Another Brexit Bonus

    Quote Originally Posted by Doucas View Post
    This proves to me you know nothing about interpreting data. Tell me exactly how brexit has been good for jobs and wages.
    I'm not necessarily saying it is. Although I do think it will create a more dynamic economy and some restrictions on labour may raise wages in some sectors.

    However, you are the one making conclusions. I quote: "to say brexit is good for jobs is beyond laughable."

    I'm just saying you are wrong, and to be fair, the evidence suggests you are.

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