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Britain outside the EU
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Old 30-03-2023, 19:32   #4981
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Re: Britain outside the EU

This one is rather different, Hugh, and is a major prize for Britain if we manage to nail it down.
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Old 30-03-2023, 20:02   #4982
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Re: Britain outside the EU

Quote:
Originally Posted by OLD BOY View Post
This one is rather different, Hugh, and is a major prize for Britain if we manage to nail it down.
From my previous link in the post you just replied to...

https://lordslibrary.parliament.uk/u...ade-agreement/

Quote:
UK membership of the trans-Pacific trade agreement...

...a summary of the Government’s own modelling of the economic impact of accession. It said that the estimated increase in UK GDP in the long run was 0.08%.
0.08% of current GDP (£2300 billion) is an increase of £1.8 billion per year (in the "long run") - for comparison, the GDP of Wokingham (population 178,000) is £9.4 billion...
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Last edited by Hugh; 30-03-2023 at 20:29.
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Old 31-03-2023, 12:06   #4983
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Re: Britain outside the EU

Well, the government believes that the CPTPP deal will cut tariffs for UK exporters to a group of nations which will have a total GDP of £11 trillion.

The CPTPP is forecast to grow way faster than the EU over the course of the next 30 years, and we were quick to perceive that the EU will be in decline in relative terms.

Joining a bloc like this will also create many opportunities for business, including services, our main source of income. Forecasts will not account for that, of course, because those opportunities have yet to be seized. You cannot quantify the new opportunities that business will identify until that has happened.
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Old 31-03-2023, 13:57   #4984
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Re: Britain outside the EU

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Originally Posted by OLD BOY View Post
Forecasts will not account for that, of course, because those opportunities have yet to be seized. You cannot quantify the new opportunities that business will identify until that has happened.
Sounds familiar? The faithful still praying for those sunlit uplands ...
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Old 31-03-2023, 15:06   #4985
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Re: Britain outside the EU

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Sounds familiar? The faithful still praying for those sunlit uplands ...
Come on we have got Blue passports Ian.
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Old 31-03-2023, 15:30   #4986
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Re: Britain outside the EU

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Come on we have got Blue passports Ian.
Mine is still an EU, burgundy, one .. one of the last Of course, we always could have had blue passports
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Old 31-03-2023, 17:25   #4987
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Re: Britain outside the EU

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Come on we have got Blue passports Ian.
Made in Holland iirc
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Old 31-03-2023, 17:40   #4988
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Re: Britain outside the EU

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Made in Holland iirc
Not any more - they were bought out by the French Thales Group...

The blank passports are made by Thales in Tczew, Poland, but the personal details and photo are printed onto the passport by Thales in Durham.
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Old 31-03-2023, 19:54   #4989
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Re: Britain outside the EU

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Originally Posted by OLD BOY View Post
The CPTPP is forecast to grow way faster than the EU over the course of the next 30 years, and we were quick to perceive that the EU will be in decline in relative terms.
Is that 30 real world years or 30 streaming TV world years?

But being serious, will the forecast growth offset (or even scratch the surface off) the losses we've experienced since leaving the EU?
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Old 31-03-2023, 20:14   #4990
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Re: Britain outside the EU

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Originally Posted by GrimUpNorth View Post
Is that 30 real world years or 30 streaming TV world years?

But being serious, will the forecast growth offset (or even scratch the surface off) the losses we've experienced since leaving the EU?
What a gloomster, have faith, we've already recouped 0.08% with the Asia deal. Halcyon days to come with suntans galore on the glorious uplands
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Old 31-03-2023, 21:39   #4991
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Re: Britain outside the EU

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What a gloomster, have faith, we've already recouped 0.08% with the Asia deal. Halcyon days to come with suntans galore on the glorious uplands
We’re going to potentially recoup 0.08% in around 10 years…
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Old 31-03-2023, 21:43   #4992
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Re: Britain outside the EU

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We’re going to potentially recoup 0.08% in around 10 years…
Even better, not the 50 years as advised by the ex Brexit Opportunitiies minister. That's what I call progress
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Old 31-03-2023, 22:39   #4993
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Re: Britain outside the EU

I see all the Remainers piling in on OB. Not one of them has said that the opportunity raised by every trade deal now lies in the hands of British business.

Badenoch sent me an email which sort of makes my point:

Quote:
After 21 months of negotiations, we have just signed our biggest trade deal since leaving the EU – becoming the first European country to join the most dynamic trading bloc in the world, now worth £11 trillion.

With 500 million people, tariff free trade with CPTPP countries will boost our economy by billions, support thousands of new British jobs, and drive economic growth in all corners of our United Kingdom.

From beverage producers in Scotland, to machinery manufacturers in Wales and car manufacturers in Northern Ireland, businesses across the country will benefit from free trade with 11 dynamic countries expected to make up the majority of global growth in the future.

Despite the naysayers, we are delivering on the benefits of Brexit. Labour and their social media supporters will try and talk this deal down and claim it isn’t of real benefit.

This is their usual declinism. Only the Conservatives have confidence in the UK and understand what the vision of a global modern Britain would mean. We will create new opportunities for British business.

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Old 31-03-2023, 23:05   #4994
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Re: Britain outside the EU

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We’re going to potentially recoup 0.08% in around 10 years…
That’s from existing business. This deal is about opportunity.
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Old 31-03-2023, 23:36   #4995
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Re: Britain outside the EU

P
Quote:
Originally Posted by Sephiroth View Post
I see all the Remainers piling in on OB. Not one of them has said that the opportunity raised by every trade deal now lies in the hands of British business.

Badenoch sent me an email which sort of makes my point:
Car manufacturers in Northern Ireland? I know that we need to believe more and if we do so, economic laws, transport costs and time zone differences will disappear overnight.

But I never expected we would have to believe that De Lorean was still in business to avoid being accused of the charge of declinism!

Last edited by 1andrew1; 31-03-2023 at 23:41.
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