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-   -   Britain outside the EU (https://www.cableforum.uk/board/showthread.php?t=33709659)

jfman 03-06-2023 15:31
Re: Britain outside the EU
 
Quote:
Originally Posted by OLD BOY (Post 36153216)
I was referring to The Guardian article on interest rates in the US, Germany and the UK.
Of course Brexit impacts on the UK economy. How else would we reach those promised sunlit uplands if it doesn’t?

Sephiroth 03-06-2023 17:33
Re: Britain outside the EU
 

…. Unlit uplands when you look at Guvmin performance.


OLD BOY 03-06-2023 19:48
Re: Britain outside the EU
 
Quote:
Originally Posted by jfman (Post 36153221)
Of course Brexit impacts on the UK economy. How else would we reach those promised sunlit uplands if it doesn’t?
You are changing the subject. I was talking about interest rates, remember?

If the US and Germany are suffering from high interest rates as well, it rather dents the mindset of those who say it was all Brexit’s fault that UK interest rates have increased.

As for the impact on the economy, I should, perhaps, remind you yet again that we have not yet implemented the new freedoms that Brexit provides. However, we are now on the cusp of getting the CPTPP deal implemented and further trade deals that actually benefit us are beckoning. The service sector will benefit hugely from this. Additionally, the bureaucratic EU legislation that impacts on business will soon start to disappear.

You ain’t seen nothing yet, old chap. [Cue another sneering response as is usual whenever anyone suggests that Brexit might actually deliver].

jfman 03-06-2023 21:05
Re: Britain outside the EU
 
Quote:
Originally Posted by OLD BOY (Post 36153224)
You are changing the subject. I was talking about interest rates, remember?

If the US and Germany are suffering from high interest rates as well, it rather dents the mindset of those who say it was all Brexit’s fault that UK interest rates have increased.

As for the impact on the economy, I should, perhaps, remind you yet again that we have not yet implemented the new freedoms that Brexit provides. However, we are now on the cusp of getting the CPTPP deal implemented and further trade deals that actually benefit us are beckoning. The service sector will benefit hugely from this. Additionally, the bureaucratic EU legislation that impacts on business will soon start to disappear.

You ain’t seen nothing yet, old chap. [Cue another sneering response as is usual whenever anyone suggests that Brexit might actually deliver].
Intrrest rates don't exist in isolation separate from the prevailing economic conditions, such as the highest inflation in Western Europe.

ianch99 03-06-2023 21:48
Re: Britain outside the EU
 
Quote:
Originally Posted by OLD BOY (Post 36153224)
You ain’t seen nothing yet, old chap. [Cue another sneering response as is usual whenever anyone suggests that Brexit might actually deliver].
I don't think anyone is credibly suggesting that Brexit might actually deliver what the nation was promised.

1andrew1 04-06-2023 09:05
Re: Britain outside the EU
 
Quote:
Originally Posted by ianch99 (Post 36153235)
I don't think anyone is credibly suggesting that Brexit might actually deliver what the nation was promised.
It's delivering for Paris with the financial services sector growing as a result of Brexit and in Germany where UK firms have heavily invested to remain in the Single Market.

1andrew1 13-06-2023 16:38
Re: Britain outside the EU
 
If the government knew "Brexit planning drained resources from pandemic preparations that the UK government knew were needed" then there must be a question mark around its judgment.
Quote:
Brexit planning affected UK pandemic preparations, Covid inquiry told

Attention was diverted from response to virus by the time it started to spread, says chief counsel

The preoccupation with Brexit planning drained resources from pandemic preparations that the UK government knew were needed, the opening session of the official Covid-19 inquiry was told on Tuesday.

Speaking on the first day of public hearings, Hugh Keith, the inquiry’s chief counsel, said the preparations for Brexit had required a great deal of planning, particularly to address what were likely to be “the severe consequences of leaving the EU without a deal”.

Keith told the inquiry that rather than improving the government’s generic capacity to respond to a civil emergency, Brexit preparations had diverted attention from pandemic planning by the time coronavirus started to spread in the UK in early 2020, weeks after the UK left the EU.

“It is clear that such planning from 2018 onwards crowded out and prevented some or perhaps a majority of the improvements that central government itself understood were required to be made to resilience planning and preparedness,” he said.
https://www.ft.com/content/51d18972-...3-bcd0f7b0f819

jfman 13-06-2023 16:54
Re: Britain outside the EU
 
Quote:
Originally Posted by 1andrew1 (Post 36153694)
If the government knew "Brexit planning drained resources from pandemic preparations that the UK government knew were needed" then there must be a question mark around its judgment.

https://www.ft.com/content/51d18972-...3-bcd0f7b0f819
A decade of austerity and outsourcing has left the Civil Service and other public services at the bare bones. Many of us, some with relevant experience to speak about it, commented on this at the time.

Those with the blinkers, and optimism without evidence, claimed otherwise.

1andrew1 14-06-2023 09:45
Re: Britain outside the EU
 
The government wants to dip into our wallets again!
Quote:
UK post-Brexit border charges will increase food prices, warns industry

Food and logistics bodies say inspection fees on produce from the EU will hit smaller firms and UK families

New post-Brexit controls due to be introduced from next January will hit UK consumers by driving up the price of food and risking supply-chain disruption, the food and logistics industry has warned.

The concerns emerged after the UK government this week published proposals to charge a flat-rate inspection fee of up to £43 on each consignment of food coming from the EU.

The concerns emerged after the UK government this week published proposals to charge a flat-rate inspection fee of up to £43 on each consignment of food coming from the EU.

Industry bodies argue the proposed charges, which range from £20 up to £43, will hit smaller firms and UK families at a time when they are already grappling with rampant food-price inflation.

Shane Brennan, the director of the Cold Chain Federation, added that the proposals made little sense at a time when the government was actively discussing imposing price controls on UK supermarkets to keep down the cost of staple foods.

“It is crazy that one week the government is holding a crisis meeting in Downing Street to discuss out-of-control food inflation and the next is willing to nod through a multimillion new import tax on EU food imports,” he said.

According to research by the London School of Economics, Brexit’s impact on food prices has cost each household £250 since December 2019, or £6.95bn for the entire UK. About 28 per cent of food consumed in the UK comes from the EU.
https://www.ft.com/content/3b3ec1be-...9-a29314105118

ianch99 14-06-2023 13:38
Re: Britain outside the EU
 
Interesting but not unsurprising trade news:

Based on the latest data from Germany, here is the current UK trade performance w/Germany:

https://twitter.com/DennisNovy/statu...54341488623616

Quote:
Jan-Apr 2023 vs Jan-Apr 2019

German exports to:

+18% total
+22% EU
+32% USA
-0% China

-11% UK

German imports from:

+24% total
+19% EU
+37% USA
+46% China

-0% UK

Pierre 15-06-2023 09:04
Re: Britain outside the EU
 
We have a trade deficit with Germany. But if you are seriously saying that Germany imports 0% from the U.K. you are wrong.

https://oec.world/en/profile/bilater...br/partner/deu

The “latest trend” section gives recent data from March ‘23.

GrimUpNorth 15-06-2023 09:07
Re: Britain outside the EU
 
Quote:
Originally Posted by Pierre (Post 36153807)
We have a trade deficit with Germany. But if you are seriously saying that Germany imports 0% from the U.K. you are wrong.

https://oec.world/en/profile/bilater...br/partner/deu

The “latest trend” section gives recent data from March ‘23.
Think the post shows the change, but haven't read the tweet so can't say for sure.

ianch99 15-06-2023 09:46
Re: Britain outside the EU
 
Quote:
Originally Posted by GrimUpNorth (Post 36153808)
Think the post shows the change, but haven't read the tweet so can't say for sure.
Yes, this is change in trade. Here's the origin article: https://www.destatis.de/EN/Press/202...23_215_51.html

Pierre 15-06-2023 15:52
Re: Britain outside the EU
 
Ok, but then these are all % so I’d have to look at the actual volumes to have a relevant opinion on it. Which I can’t be arsed to do.

ianch99 15-06-2023 19:44
Re: Britain outside the EU
 
Quote:
Originally Posted by Pierre (Post 36153845)
Ok, but then these are all % so I’d have to look at the actual volumes to have a relevant opinion on it. Which I can’t be arsed to do.
No, percentage changes for peer economies work very well.

Quote:
Zooming in on major European partners

Jan-Apr 2023 vs Jan-Apr 2019

German exports 🇩🇪 to:
+33% 🇧🇪 Belgium
+24% 🇳🇱 Netherlands
+8% 🇫🇷 France
+28% 🇮🇹 Italy
+15% 🇪🇸 Spain
+39% 🇵🇱 Poland
+23% 🇨🇿 Czech Republic
+21% 🇦🇹 Austria

-11% 🇬🇧 UK

German imports 🇩🇪 from:
+14% 🇧🇪 Belgium
+6% 🇳🇱 Netherlands
+5% 🇫🇷 France
+26% 🇮🇹 Italy
+14% 🇪🇸 Spain
+44% 🇵🇱 Poland
+27% 🇨🇿 Czech Republic
+24% 🇦🇹 Austria

-0% 🇬🇧 UK


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