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[Politics] Brexit

If there was a second Brexit referendum how would you vote?

  • Total voters
    1,081






JC Footy Genius

JC Footy Genius

Bringer of TRUTH
Jun 9, 2015
10,568


Baker lite

Baker lite

Banned
Mar 16, 2017
6,309
in my house
How dare you..
https://twitter.com/bom_ding/status/1392857423036170241?s=21
Post Brexit Britain is booming [emoji636]
7b6d109056bec5b9bfbb584013b2521c.jpg




Sent from my iPad using Tapatalk
 




JC Footy Genius

JC Footy Genius

Bringer of TRUTH
Jun 9, 2015
10,568
As Britain booms again, let us scrub ‘despite Brexit’ from the lexicon

Back on topic ..

By early next year the UK is set to close the entire economic gap with the eurozone that has built up since the Brexit referendum

Britain’s coiled-spring recovery is now an economic fact, and it looks even stronger than the most giddy optimists had dared to hope....

The 2.1pc jump in GDP in March blew away consensus. It silences persistent talk that the UK has gained little from early vaccination and is still essentially moving in economic lockstep with Europe. Blockbuster growth of 5pc (20pc-plus annualised) is on the cards for this quarter.

The pace is so torrid that Capital Economics thinks the UK may regain its pre-pandemic level of output by late summer, with little or no permanent scarring. Investec has pencilled in the sorpasso for September, saying growth could “easily exceed” 8pc this year.

If so, the UK will cross its pre-Covid line long before the eurozone, and a year ahead of the Club Med bloc. On a nominal GDP basis, it has already matched Germany and overtaken France, Italy, and Spain...

The trade data for March showed that goods exports to the EU have largely regained their prior levels and are above flows last summer when the UK was still part of the single market. Even exports of fish and shellfish have returned to normal.

“People were far too pessimistic about the magnitude of the hit. The idea that there was going to be a seismic fall in trade after Brexit was always rubbish. Companies adapt,” says Julian Jessop, a fellow at the Institute of Economic Affairs...

What is equally clear is that EU firms have lost UK market share to global competitors. Imports from the rest of the world are growing twice as fast, and this divergence is likely to widen when Britain ends its unilateral waiver on customs clearance for EU goods and imposes reciprocal curbs.

It is well known that British households have amassed £130bn of excess savings during Covid. We will find out soon how much of this is pent-up spending waiting to explode. But what is less known is that UK companies are sitting on a further £100bn, some 50pc above normal levels. “We think this is even more important,” said David Owen from Jefferies.

“The super deduction has cut the effective marginal rate of corporation tax to zero. Companies have all this cash sitting on their balance sheets and it’s a no brainer for them to invest,” he said. The latest CBI survey shows that investment intentions are a whisker shy of thirty-year highs.

The Bank of England thinks business spending on plant and digital technology will rise by 7pc this year and 13pc next year, matching the IT blitz during the dotcom boom in 1998.

“It won’t be the Roaring Twenties but we are about to ride an investment wave. It’s a Covid story, a net-zero story, and a Brexit story, all coming together in a very optimistic way,” says Owen.

https://www.telegraph.co.uk/business/2021/05/12/britain-booms-let-us-scrub-despite-brexit-lexicon/

All disappointing news for the 5th column collective obvs...
 




nicko31

nicko31

Well-known member
Jan 7, 2010
17,622
Gods country fortnightly
JC Footy Genius said:
That can't be right ... I'm sure I remember at least one self proclaimed expert/hysterical fanny on here saying the initial severe trade disruption was not temporary and we told you this would happen blah blah etc [emoji1]

Sent from my SM-G970F using Tapatalk
Click to expand...

The only boom export from Dover since January 1st has been the Kent variant...
 


WATFORD zero

WATFORD zero

Well-known member
NSC Patron
Jul 10, 2003
25,892
JC Footy Genius said:
Back on topic ..

By early next year the UK is set to close the entire economic gap with the eurozone that has built up since the Brexit referendum

Britain’s coiled-spring recovery is now an economic fact, and it looks even stronger than the most giddy optimists had dared to hope....

The 2.1pc jump in GDP in March blew away consensus. It silences persistent talk that the UK has gained little from early vaccination and is still essentially moving in economic lockstep with Europe. Blockbuster growth of 5pc (20pc-plus annualised) is on the cards for this quarter.

The pace is so torrid that Capital Economics thinks the UK may regain its pre-pandemic level of output by late summer, with little or no permanent scarring. Investec has pencilled in the sorpasso for September, saying growth could “easily exceed” 8pc this year.

etc etc etc .

https://www.telegraph.co.uk/business/2021/05/12/britain-booms-let-us-scrub-despite-brexit-lexicon/

All disappointing news for the 5th column collective obvs...
Click to expand...

It would appear from your selective quotes that Ambrose Evans-Pritchard, who has a long history of writing delusional pieces in the Telegraph about climate and energy policy, has moved on to Brexit now

https://notalotofpeopleknowthat.wordpress.com/2019/02/25/the-green-delusions-of-ambrose-evans-pritchard/:dunce:

Just a shame that the link you provided to the article from which you have taken your selective quotes, can't be read in full if you don't subscribe to the Telegraph, an oversight on your part, I'm sure ???
 
Last edited:


A1X

A1X

Well-known member
NSC Patron
Sep 1, 2017
17,909
Deepest, darkest Sussex
[tweet]1392835237772550144[/tweet]
 














A1X

A1X

Well-known member
NSC Patron
Sep 1, 2017
17,909
Deepest, darkest Sussex
[TWEET]1392563683407060993[/TWEET]
 








nicko31

nicko31

Well-known member
Jan 7, 2010
17,622
Gods country fortnightly
A1X said:
[TWEET]1392563683407060993[/TWEET]
Click to expand...

Of course entertainment comes under "services", we are good at services, we are world beating in a number of service sectors.

So lets have no provision for them, all long term damage. But you reap what you sow...
 


nicko31

nicko31

Well-known member
Jan 7, 2010
17,622
Gods country fortnightly










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