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[W:#7426]How will Brexit go?***W:46]***

How will Brexit go?

  • The EU will continue to grow but will change to address the feelings that drove Brexit.

    Votes: 13 11.4%

  • The EU will continue to grow but will not address the feelings that drove Brexit

    Votes: 16 14.0%

  • The EU will see more countries pulling out after we leave.

    Votes: 20 17.5%

  • The UK will break up as a consequence of Brexit.

    Votes: 26 22.8%

  • The UK will still hold after all is done and dusted.

    Votes: 20 17.5%

  • There’ll be a second Brexit related referendum. (Independence / Brexit etc)

    Votes: 22 19.3%

  • We’ll end up with soft Brexit and end up staying within EFTA.

    Votes: 18 15.8%

  • We'll have a Hard Brexit, a disaster ending with WTO rules.

    Votes: 29 25.4%

  • We'll have a Hard Brexit which will be a success, even under WTO rules

    Votes: 18 15.8%
  • Total voters
    114
More good news for the UK :

"In Quarter 1 2021, the total trade deficit, excluding precious metals, narrowed by £8.4 billion to £1.4 billion."

So the UK's trade deficit has reduced from £9.8 billion to £1.4 billion pounds in ONE quarter. Unbelievable!

But still the Remainer loons whine ...conveniently forgetting all their previous predictions of doom and gloom.

UK trade - Office for National Statistics

Total value of UK exports and imports of goods and services by current price, chained volume measures and implied deflators.
www.ons.gov.uk
 
Britain just completed another three deals. Norway, Leichtenstein and Iceland. Not as good as the ones we had through the EU, but still.

Another three Range Rovers offloaded!
 
Ginza said:
More good news for the UK :

"In Quarter 1 2021, the total trade deficit, excluding precious metals, narrowed by £8.4 billion to £1.4 billion."

So the UK's trade deficit has reduced from £9.8 billion to £1.4 billion pounds in ONE quarter. Unbelievable!

But still the Remainer loons whine ...conveniently forgetting all their previous predictions of doom and gloom.

UK trade - Office for National Statistics

Total value of UK exports and imports of goods and services by current price, chained volume measures and implied deflators.
www.ons.gov.uk
Click to expand...

This is not exactly good news...... details matter.

Imports of goods and services have fallen faster than falls in exports, hence the trade deficit has shrunken.

The worrying part is the massive fall in services, both imports and exports.. since that accounts for a huge majority of the UK economy. The only bright side, was that car exports increased both to the EU and non EU, but it in no way stopped the fall in overall exports by 8.4% from the 4th quarter.

Services imports fell a massive 28% and exports 14% year on year.. which aint good at all.
 
What terrible news that the infections in the UK have started to go up and that the virus is now above the r-figure of 1 (between 1.0 and 1.2) which means the virus has started spreading again, the ideal r-rate is lower than 1 because than 1 person infects less than 1 other person and the virus is decreasing in the population. Above 1.0 there is more infections due to 1 person infecting more than 1 person with the virus meaning that it is spreading rather than contracting.

If Boris is smart he should not scrap all measures if that figure is still rising.

The Netherlands is doing a UK now, with most of our population either injected or about to be injected. The estimation is that at the end of the month all people who want to have an injection will have received 1 injection and a good number has had 2 injections. I have just received my invitation but I am not able to leave the house that easily so far so I am going to have to carefully plan my trip to the injection site (which is just a few hundred meters from where I live).
 
PeteEU said:
Imports of goods and services have fallen faster than falls in exports, hence the trade deficit has shrunken.
Click to expand...

Yes....and that is great news.....although of course you and other bitter remainers will try your best to play it down.

The massive decrease in the trade deficit is yet more proof of the success of Brexit.

Not as great a success as the fantastic job the Tories have achieved with the vaccine rollout (at least when compared to the chaotic EU vaccine rollout anyway) but definite proof that the success of Brexit has been way beyond the expectations of even the most ardent supporter of Brexit......as the current 70% approval rating of Brexit testifies.
 
PeteEU said:
Services imports fell a massive 28% and exports 14% year on year.. which aint good at all.
Click to expand...

Er, maths not your strong point?

Imports going down 28% and exports going down only 14% is a massive plus for the UK as the decrease in trade deficit proves.

During COVID, almost all nations have suffered a decrease in trade...none more so than EU nations.
 
Peter King said:
What terrible news that the infections in the UK have started to go up and that the virus is now above the r-figure of 1 (between 1.0 and 1.2) which means the virus has started spreading again, the ideal r-rate is lower than 1 because than 1 person infects less than 1 other person and the virus is decreasing in the population. Above 1.0 there is more infections due to 1 person infecting more than 1 person with the virus meaning that it is spreading rather than contracting.

If Boris is smart he should not scrap all measures if that figure is still rising.

The Netherlands is doing a UK now, with most of our population either injected or about to be injected. The estimation is that at the end of the month all people who want to have an injection will have received 1 injection and a good number has had 2 injections. I have just received my invitation but I am not able to leave the house that easily so far so I am going to have to carefully plan my trip to the injection site (which is just a few hundred meters from where I live).
Click to expand...
Infection rate is of no bearing...hospitalisations are all that matters. If all the vulnerable are vaccinated who exactly is going to need hospitalisation?
 
Just for a change we had a food and drink delivery from Waitrose instead of Ocado yesterday....still not going hungry over here lol.
 
Ginza said:
Er, maths not your strong point?

Imports going down 28% and exports going down only 14% is a massive plus for the UK as the decrease in trade deficit proves.
...
Click to expand...
The North Korea Bureau of Statistics approves this post.
 
Ginza said:
Yet more Fake News.

"YouGov pollster Peter Kellner : "Brexit is now "more popular than it has been at any point since the referendum"

The lies (Project Fear) told by Remainers as to how the British economy would be devastated by Brexit have been shown to be complete nonsense.
Click to expand...

Yougov is owned by a Tory government member. The actual poll is talking about whether people felt the EU has been "hostile" to Britain, and how those who voted remain are largely unchanged in their attitude, having been proved correct. The headline is the EU-hating Express fake news.
If I understand correctly, the UK net contribution to EU in 2019 was £9bn. Since then we've lost at least £110bn in EU exports. Nobody sensible thinks this was a good idea.
 
Manc Skipper said:
Yougov is owned by a Tory government member.
Click to expand...

So what if it is?

How is this relevant?

The Tory Cabinet, as well as most MP's were overwhelmingly against Brexit.

The support for Brexit has never been higher as this website clearly illustrates :

www.statista.com

Brexit poll 2024 | Statista

The share of people who regret Brexit has increased since the UK left the EU. Recent polls show a growing majority think it was the wrong decision.
www.statista.com www.statista.com
 
Sven Karma said:
The North Korea Bureau of Statistics approves this post.
Click to expand...

In fact, anyone with an IQ of over 100 would approve of it.

Although most Remainers would probably not approve...... :unsure:
 
Ginza said:
In fact, anyone with an IQ of over 100 would approve of it.

Although most Remainers would probably not approve...... :unsure:
Click to expand...
Facts. Not a Brexiter thing.

'With the exception of the United Kingdom, all G20 economies recorded positive growth in Q1 2021 ...
The United Kingdom was the only G20 economy to record negative merchandise trade growth, both for exports (minus 5.7%) and for imports (minus 10.5%) in Q1 2021.'


www.oecd.org

International trade statistics: trends in first quarter 2021 - OECD

OECD Information for journalists, G20 merchandise trade reaches record high in first quarter of 2021 while trade in services growth appears to moderate
www.oecd.org www.oecd.org
 
Sven Karma said:
Facts. Not a Brexiter thing.

'With the exception of the United Kingdom, all G20 economies recorded positive growth in Q1 2021 ...
The United Kingdom was the only G20 economy to record negative merchandise trade growth, both for exports (minus 5.7%) and for imports (minus 10.5%) in Q1 2021.'


www.oecd.org

International trade statistics: trends in first quarter 2021 - OECD

OECD Information for journalists, G20 merchandise trade reaches record high in first quarter of 2021 while trade in services growth appears to moderate
www.oecd.org www.oecd.org
Click to expand...

Why not read the full article? That way you won't make a fool of yourself....although I wouldn't bet on you having the ability to understand the information....as you are obviously searching the net for something negative relative to the UK to copy and paste here.

Further down is written :

"The United Kingdom was the only G20 economy to record negative merchandise trade growth, both for exports (minus 5.7%) and for imports (minus 10.5%) in Q1 2021. The slowdown follows large increases in the previous quarter, when stockpiling was taking place in view of the exit from the EU Single Market."

This tells those of us intelligent enough to read the whole article the valid reason WHY UK trade was down......stockpiling prior to imprt/export controls being introduced.

It also tells us that the decrease in exports of 5,7% was offset by a decrease in imports of nearly double this rate......10,5%.

This resulted in the UK reducing its trade deficit in the Quarter by an amazing/wonderful/gigantic 8,4 billion pounds.......a reduction in deficit from 9.8 billion ponds to only 1,4 billion pounds.

Unfortunately, I personally cannot see this favourable result continuing, as the stockpiling is abnormal, but at least its got the UK economy off to a great start to the year.
 
Manc Skipper said:
Since then we've lost at least £110bn in EU exports
Click to expand...

Yet more fake news.

It refers only to the service industry.

This is an estimate of business possibly lost, not an actual figure. It comprises a thumb suck by some students at Birmingham University, for the period 2016 to 2020.....and is probably something only bitter Remainers cling to in their pathetic attempts to stem the avalanche of positive info after Brexit.

"The figure was calculated by comparing how the UK’s services industries, like finance and IT for example, would have grown if they had stayed on their pre-referendum trajectory to how they actually fared."

https://www.cityam.com/uk-missed-out-on-110bn-of-services-exports-after-brexit-referendum-say-wonks/

If you want more reputable feedback :

"UK service sector growth hits seven-year high"​


"If the rebound in order books continues along its recent trajectory during the rest of the second quarter, "then service sector output growth looks very likely to surpass the survey-record high seen back in April 1997".

www.bbc.com

UK service sector growth hits seven-year high

The UK's dominant services sector rebounded in April as lockdown restrictions were eased.
www.bbc.com
 
Ginza said:
Yet more fake news.

It refers only to the service industry.

This is an estimate of business possibly lost, not an actual figure. It comprises a thumb suck by some students at Birmingham University, for the period 2016 to 2020.....and is probably something only bitter Remainers cling to in their pathetic attempts to stem the avalanche of positive info after Brexit.

"The figure was calculated by comparing how the UK’s services industries, like finance and IT for example, would have grown if they had stayed on their pre-referendum trajectory to how they actually fared."

https://www.cityam.com/uk-missed-out-on-110bn-of-services-exports-after-brexit-referendum-say-wonks/

If you want more reputable feedback :

"UK service sector growth hits seven-year high"​


"If the rebound in order books continues along its recent trajectory during the rest of the second quarter, "then service sector output growth looks very likely to surpass the survey-record high seen back in April 1997".

www.bbc.com

UK service sector growth hits seven-year high

The UK's dominant services sector rebounded in April as lockdown restrictions were eased.
www.bbc.com
Click to expand...
Of course the service sector growth will hit a high... it has just been in near shutdown for a year. Guess when the previous peak was... just after the end of the financial crisis... go figure!
 
PeteEU said:
Of course the service sector growth will hit a high
Click to expand...

It's not just any high.

It's a SEVEN YEAR HIGH..........despite Covid.

o_O
 
Last edited:
PeteEU said:
Guess when the previous peak was... just after the end of the financial crisis... go figure!
Click to expand...

Er, the previous financial crisis was in 2008.

Go figure.

Not good at maths?

This report says the growth in financial services is at a 24 year high.....

Growth in UK services sector hits 24-year high​


Growth in UK services sector hits 24-year high

Growth in the UK services sector hit a 24-year high in May as coronavirus restrictions eased, according to a survey released on Thursday.
www.sharecast.com www.sharecast.com
 
Ginza said:
Why not read the full article? That way you won't make a fool of yourself....although I wouldn't bet on you having the ability to understand the information....as you are obviously searching the net for something negative relative to the UK to copy and paste here.

Further down is written :

"The United Kingdom was the only G20 economy to record negative merchandise trade growth, both for exports (minus 5.7%) and for imports (minus 10.5%) in Q1 2021. The slowdown follows large increases in the previous quarter, when stockpiling was taking place in view of the exit from the EU Single Market."

This tells those of us intelligent enough to read the whole article the valid reason WHY UK trade was down......stockpiling prior to imprt/export controls being introduced.

It also tells us that the decrease in exports of 5,7% was offset by a decrease in imports of nearly double this rate......10,5%.

This resulted in the UK reducing its trade deficit in the Quarter by an amazing/wonderful/gigantic 8,4 billion pounds.......a reduction in deficit from 9.8 billion ponds to only 1,4 billion pounds.

Unfortunately, I personally cannot see this favourable result continuing, as the stockpiling is abnormal, but at least its got the UK economy off to a great start to the year.
Click to expand...
Dead cat bounce gets off to 'a great start' too.
 
Ginza said:
Er, the previous financial crisis was in 2008.

Go figure.

Not good at maths?

This report says the growth in financial services is at a 24 year high.....

Growth in UK services sector hits 24-year high​


Growth in UK services sector hits 24-year high

Growth in the UK services sector hit a 24-year high in May as coronavirus restrictions eased, according to a survey released on Thursday.
www.sharecast.com www.sharecast.com
Click to expand...

Sigh.. you dont even read your own links do you?

The financial crisis started in 2006, but the effect was first felt in 2007 and particularly in Europe in 2008. The crisis bottomed out (in the services sector) in Novemberish 2009, but had not fully recovered to pre 2008 levels before June 2012... and then when that happened the growth picked up considerably by 2013.

So again, who is not good at math?
 
PeteEU said:
The financial crisis started in 2006, but the effect was first felt in 2007 and particularly in Europe in 2008. The crisis bottomed out (in the services sector) in Novemberish 2009, but had not fully recovered to pre 2008 levels before June 2012... and then when that happened the growth picked up considerably by 2013.
Click to expand...

Lol!

I just loved that attempt to paint the 2008 financial crisis as happening between 2006 and 2013.

It's a classic attempt to dig yourself out of the hole you dug for yourself.

It will go down in infamy.

"The Market Crash of 2008"​



PeteEU said:
So again, who is not good at math?
Click to expand...

:unsure: :rolleyes::ROFLMAO::ROFLMAO::ROFLMAO:
 
Sven Karma said:
Dead cat bounce gets off to 'a great start' too.
Click to expand...

Bitter Remainers have been falsely claiming for years now how the UK economy would be devastated by Brexit.

The poor things are now scrambling to deny the highest growth rate in the services sector for 24 years.

Bless their little cotton socks.
 
"Confidence among big businesses in Britain about their profits in the year ahead has hit a record high"

www.reuters.com

Confidence among UK finance chiefs hits record high - Deloitte

Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country's coronavirus vaccinations and hopes for less Brexit disruption, a survey of chief finance officers showed.
www.reuters.com www.reuters.com
 
Some more homework for bitter UK remainers and EU residents feeling rejected due to Brexit :

"The FTSE 250 hits record highs!"​


uk.finance.yahoo.com

The FTSE 250 hits record highs! Here’s why this UK share is soaring

This FTSE 250 share has soared to new record peaks today after releasing estimate-beating trading numbers. Here are the key points. The post The FTSE 250 hits record highs! Here’s why this UK share is soaring appeared first on The Motley Fool UK.
uk.finance.yahoo.com uk.finance.yahoo.com
 

"UK housing market ‘on fire"​

​

"German factory output drops"​


www.theguardian.com

UK housing market ‘on fire’; record US job vacancies; German factory output drops – as it happened

Rolling coverage of the latest economic and financial news
www.theguardian.com www.theguardian.com

The Guardian is letting bitter Remainers down, big time.

Since when do they post anything positive about the UK economy and anything negative about EU nations?

Actually, the UK housing boom in property prices is NOT good news for working class Brits OR first time home buyers......but at least the properties soaring in value are mainly those in the upper class bracket.
 
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