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Post by totheleft3 on Nov 28, 2022 14:06:57 GMT
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Post by Vinny on Nov 28, 2022 17:04:38 GMT
Once again, inflation is not down to Brexit.
It is down to the worldwide financial crisis we've been in as a side effect of a global pandemic.
We borrowed a fortune, it has to be paid back.
If you want to help, campaign to cut VAT, alcohol, tobacco and fuel taxes.
Get the public spending again, get the supply chain moving and inflation will fall.
It is NOT down to Brexit. We have a FREE TRADE AGREEMENT with the EU.
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Post by Pacifico on Nov 28, 2022 18:18:15 GMT
"Six years on from the UK’s decision to leave the European Union, Brexit is still proving the biggest headache for British businesses, ranking even higher than Russia’s war in Ukraine, Covid or rising energy costs."Good bit of hyperbole from Bloomberg considering that 90% of British businesses dont trade with the EU... so the biggest headache for British business? - not by a long chalk.. 
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Post by Vinny on Nov 28, 2022 19:39:31 GMT
"Six years on from the UK’s decision to leave the European Union, Brexit is still proving the biggest headache for British businesses, ranking even higher than Russia’s war in Ukraine, Covid or rising energy costs."Good bit of hyperbole from Bloomberg considering that 90% of British businesses dont trade with the EU... so the biggest headache for British business? - not by a long chalk.. Exactly. |
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Post by Deleted on Nov 28, 2022 20:03:02 GMT
Also, we are the only G7 country whose economy has not reached pre-pandemic level. Not yet, anyway. |
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Post by oracle75 on Nov 29, 2022 11:00:13 GMT
Once again, inflation is not down to Brexit. It is down to the worldwide financial crisis we've been in as a side effect of a global pandemic. We borrowed a fortune, it has to be paid back. If you want to help, campaign to cut VAT, alcohol, tobacco and fuel taxes. Get the public spending again, get the supply chain moving and inflation will fall. It is NOT down to Brexit. We have a FREE TRADE AGREEMENT with the EU. You can have all the trade agreements you can collect. If the EU doesn't want to trade with the UK because of the increased paperwork and custome charges, there will be less trade done, creating supply shortages and more inflation. Meanwhile the EU has 27 markets which practise well oiled international trade plus long term connections across the world. More importantly, it has kept its attractiveness for long term incoming international investment, mak8ng planning and projection far more secure than that in the UK. International incoming investment into the UK has slowed to a trickle. And that produces loss of revenue for the government to invest in its own productivity and social costs including the national pain that is the NHS. If wages go up because of lack of overseas employment, something Brexiteers crowed as being beneficial, inflation goes up. Add stopping freedom of movement and European labour goes somewhere else. So instead of cheaper EU labour, the UK will be getting cheap labour from elsewhere. So what was the point? Because of lack of labour, prices go up. Then transport and public servants go on strike for higher wages. And so on. Brexit has a lot to answer for the slowest growth in Europe post Covid. The thinning out of available labour and making supply far less available. Of course Brexit has contributed to all of it. Only the blinkered could deny it. |
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Post by oracle75 on Nov 29, 2022 11:02:29 GMT
"Six years on from the UK’s decision to leave the European Union, Brexit is still proving the biggest headache for British businesses, ranking even higher than Russia’s war in Ukraine, Covid or rising energy costs."Good bit of hyperbole from Bloomberg considering that 90% of British businesses dont trade with the EU... so the biggest headache for British business? - not by a long chalk.. Well they don't anymore. If the country was interested in growth as it says, the country should be VERY WORRIED about that figure. |
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Post by Vinny on Nov 29, 2022 11:08:25 GMT
Once again, inflation is not down to Brexit. It is down to the worldwide financial crisis we've been in as a side effect of a global pandemic. We borrowed a fortune, it has to be paid back. If you want to help, campaign to cut VAT, alcohol, tobacco and fuel taxes. Get the public spending again, get the supply chain moving and inflation will fall. It is NOT down to Brexit. We have a FREE TRADE AGREEMENT with the EU. You can have all the trade agreements you can collect. If the EU doesn't want to trade with the UK because of the increased paperwork and custome charges, there will be less trade done, creating supply shortages and more inflation. Meanwhile the EU has 27 markets which practise well oiled international trade plus long term connections across the world. More importantly, it has kept its attractiveness for long term incoming international investment, mak8ng planning and projection far more secure than that in the UK. International incoming investment into the UK has slowed to a trickle. And that produces loss of revenue for the government to invest in its own productivity and social costs including the national pain that is the NHS. If wages go up because of lack of overseas employment, something Brexiteers crowed as being beneficial, inflation goes up. Add stopping freedom of movement and European labour goes somewhere else. So instead of cheaper EU labour, the UK will be getting cheap labour from elsewhere. So what was the point? Because of lack of labour, prices go up. Then transport and public servants go on strike for higher wages. And so on. Brexit has a lot to answer for the slowest growth in Europe post Covid. The thinning out of available labour and making supply far less available. Of course Brexit has contributed to all of it. Only the blinkered could deny it. What customs charges? There are no tariffs ? There's customs paperwork, that's not the same thing. Costs are being pushed up by enormous Covid debts (some of the highest in the world) and knock on effects from the war, Ukraine was a big supplier of food and fuel. Inflation is happening all around the world, only the blinkered deny it. |
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Post by buccaneer on Nov 29, 2022 11:23:54 GMT
"Six years on from the UK’s decision to leave the European Union, Brexit is still proving the biggest headache for British businesses, ranking even higher than Russia’s war in Ukraine, Covid or rising energy costs."Good bit of hyperbole from Bloomberg considering that 90% of British businesses dont trade with the EU... so the biggest headache for British business? - not by a long chalk.. It fools the gullible though. This propaganda was predictable. |
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Post by oracle75 on Nov 29, 2022 11:29:54 GMT
You can have all the trade agreements you can collect. If the EU doesn't want to trade with the UK because of the increased paperwork and custome charges, there will be less trade done, creating supply shortages and more inflation. Meanwhile the EU has 27 markets which practise well oiled international trade plus long term connections across the world. More importantly, it has kept its attractiveness for long term incoming international investment, mak8ng planning and projection far more secure than that in the UK. International incoming investment into the UK has slowed to a trickle. And that produces loss of revenue for the government to invest in its own productivity and social costs including the national pain that is the NHS. If wages go up because of lack of overseas employment, something Brexiteers crowed as being beneficial, inflation goes up. Add stopping freedom of movement and European labour goes somewhere else. So instead of cheaper EU labour, the UK will be getting cheap labour from elsewhere. So what was the point? Because of lack of labour, prices go up. Then transport and public servants go on strike for higher wages. And so on. Brexit has a lot to answer for the slowest growth in Europe post Covid. The thinning out of available labour and making supply far less available. Of course Brexit has contributed to all of it. Only the blinkered could deny it. What customs charges? There are no tariffs ? There's customs paperwork, that's not the same thing. Costs are being pushed up by enormous Covid debts (some of the highest in the world) and knock on effects from the war, Ukraine was a big supplier of food and fuel. Inflation is happening all around the world, only the blinkered deny it. Customs duties payable when UK goods enter the EU ans the other way around. You are aware of the Northern Ireland problems, aren't you? Hundreds of small UK businesses which did a lot of trade with the EU have gone out of business. People in Europe don't buy much from Amazon or other cross border trading companies anymore if it comes from the UK. The customs duty/ delivery charge is expensive and many of the goods can be found in Europe. Phytosanitary products and live animals are now expensive and paperwork hugely complicated to trade cross border. In times of rising inflation, these are costs to a trader to be avoided if they can. And they do. |
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Post by buccaneer on Nov 29, 2022 11:31:37 GMT
Once again, inflation is not down to Brexit. It is down to the worldwide financial crisis we've been in as a side effect of a global pandemic. We borrowed a fortune, it has to be paid back. If you want to help, campaign to cut VAT, alcohol, tobacco and fuel taxes. Get the public spending again, get the supply chain moving and inflation will fall. It is NOT down to Brexit. We have a FREE TRADE AGREEMENT with the EU. You can have all the trade agreements you can collect. If the EU doesn't want to trade with the UK because of the increased paperwork and custome charges, there will be less trade done, creating supply shortages and more inflation. Meanwhile the EU has 27 markets which practise well oiled international trade plus long term connections across the world. More importantly, it has kept its attractiveness for long term incoming international investment, mak8ng planning and projection far more secure than that in the UK. International incoming investment into the UK has slowed to a trickle. And that produces loss of revenue for the government to invest in its own productivity and social costs including the national pain that is the NHS. If wages go up because of lack of overseas employment, something Brexiteers crowed as being beneficial, inflation goes up. Add stopping freedom of movement and European labour goes somewhere else. So instead of cheaper EU labour, the UK will be getting cheap labour from elsewhere. So what was the point? Because of lack of labour, prices go up. Then transport and public servants go on strike for higher wages. And so on. Brexit has a lot to answer for the slowest growth in Europe post Covid. The thinning out of available labour and making supply far less available. Of course Brexit has contributed to all of it. Only the blinkered could deny it. Britain's long-term trend of slow growth was declining while it was a member of the EU. This myth still prevails that the EU and its Single Market is a turbo-boosting mechanism for growth is codswallop. |
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Post by oracle75 on Nov 29, 2022 11:39:31 GMT
You can have all the trade agreements you can collect. If the EU doesn't want to trade with the UK because of the increased paperwork and custome charges, there will be less trade done, creating supply shortages and more inflation. Meanwhile the EU has 27 markets which practise well oiled international trade plus long term connections across the world. More importantly, it has kept its attractiveness for long term incoming international investment, mak8ng planning and projection far more secure than that in the UK. International incoming investment into the UK has slowed to a trickle. And that produces loss of revenue for the government to invest in its own productivity and social costs including the national pain that is the NHS. If wages go up because of lack of overseas employment, something Brexiteers crowed as being beneficial, inflation goes up. Add stopping freedom of movement and European labour goes somewhere else. So instead of cheaper EU labour, the UK will be getting cheap labour from elsewhere. So what was the point? Because of lack of labour, prices go up. Then transport and public servants go on strike for higher wages. And so on. Brexit has a lot to answer for the slowest growth in Europe post Covid. The thinning out of available labour and making supply far less available. Of course Brexit has contributed to all of it. Only the blinkered could deny it. Britain's long-term trend of slow growth was declining while it was a member of the EU. This myth still prevails that the EU and its Single Market is a turbo-boosting mechanism for growth is codswallop. The EU only creates the opportunity for members to trade on favourable terms. If UK business doesn't take advantage of that, then that is the fault of the UK management or long term government policy. If you want to mention that UK/Eu trade had declined as a percentage of its global trade, that is because the EU made many trade deals to open up that trade so the 27 other EU countries became a comparatively smaller percentage of overall trade. The same happened in all other EU countries. I hope the government holds into the EU deals it rolled over. Anymore of Truss like deals will bankrupt the nation. |
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Post by Vinny on Nov 29, 2022 11:42:28 GMT
Britain's exports to the EU had fallen from 54% in 2000 to 43% in 2016 and had we not voted to leave, the decline in trade would probably have continued at a rate of 0.6875 a year.
Manufacturers were dumping us like stale sandwiches long before our vote to leave.
We were a nation in decline, leaving wasn't going to turn things around overnight but it did give us the tools to start to.
Had we stayed, with decline at that rate, by 2026 the EU would have accounted for 36.1 % of our exports despite full Single Market membership and full Customs Union membership.
Is it worth tying our economy to an organisation we were doing less and less trade with, and at what point would even you have had to accept, hang on, this isn't working ?
Because, it wasn't working.
It was doing tremendous damage.
And this, "oh but I liked free movement" crap.
It was mostly one way and benefited shit bosses by keeping wages down whilst the cost of living rose, and rose, and rose.
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Post by oracle75 on Nov 29, 2022 11:49:46 GMT
Britain's exports to the EU had fallen from 54% in 2000 to 43% in 2016 and had we not voted to leave, the decline in trade would probably have continued at a rate of 0.6875 a year. Manufacturers were dumping us like stale sandwiches long before our vote to leave. We were a nation in decline, leaving wasn't going to turn things around overnight but it did give us the tools to start to. Had we stayed, with decline at that rate, by 2026 the EU would have accounted for 36.1 % of our exports despite full Single Market membership and full Customs Union membership. Is it worth tying our economy to an organisation we were doing less and less trade with, and at what point would even you have had to accept, hang on, this isn't working ? Because, it wasn't working. It was doing tremendous damage. And this, "oh but I liked free movement" crap. It was mostly one way and benefited shit bosses by keeping wages down whilst the cost of living rose, and rose, and rose. I just explained to you that members trade dropped as a percentage of its total trade because the y did MORE trade with countries the EU made deals with. If the EU only trades within itself as it used to do, it's percentage will by 100%. If the EU opens good trading terms with 100 other countries, the percentage of trade with the EU will be diluted. The UK wasn't doing LESS TRADE with the EU, but less percentage of its total trade. |
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Post by buccaneer on Nov 29, 2022 12:21:41 GMT
Britain's long-term trend of slow growth was declining while it was a member of the EU. This myth still prevails that the EU and its Single Market is a turbo-boosting mechanism for growth is codswallop. The EU only creates the opportunity for members to trade on favourable terms. If UK business doesn't take advantage of that, then that is the fault of the UK management or long term government policy. If you want to mention that UK/Eu trade had declined as a percentage of its global trade, that is because the EU made many trade deals to open up that trade so the 27 other EU countries became a comparatively smaller percentage of overall trade. The same happened in all other EU countries. I hope the government holds into the EU deals it rolled over. Anymore of Truss like deals will bankrupt the nation. That is the problem with the EU. It was never just content in making trade favourable amongst its members. It was political and co-governed national democracies that required exorbitant fees and huge financial wastage like the CAP. It also demanded in return for the 'favourable' trade unfettered migration, judicial oversight and a great deal of oversight in many other areas. I wonder what the 3000 Dutch farmers are thinking about EU law after the Dutch government declared it would compulsory purchase their lands at a critical time when food security and inflation are a serious concern. When all is weighed up, I believe Britain was right to leave this technocratic regime. It's now the UK's sole responsibility to make Brexit work. |
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