We will be worse off, irrespective of Brexit deal...

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Jimgward
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We will be worse off, irrespective of Brexit deal...

Post by Jimgward »

OK, I've resisted posting all the press of the last few days, where they're highlighting the fact that a secret government report that has been leaked, has shown that our analysis is, that with a Brexit deal where we remain in the EEA, with full access to markets etc. the UK will still be at least 2% worse of - going up to a hard Brexit of 8% worse off. If we have free trade with the EU, it will also be 5% worse off...

Now, in context, that's between £4bn and £15bn per annum..... - with the average outstripping all benefits of not putting money into the EU. i.e. we will now spend more in the UK, replacing some aspects of the EU (such as agricultural support etc) on top of this. The figures ASSUME we also have trade deals with the US and others, that BENEFIT us...

https://ig.ft.com/sites/numbers/economies/uk/

https://www.buzzfeed.com/albertonardell ... .lgOpq0E16

http://uk.businessinsider.com/leaked-go ... ?r=US&IR=T

https://www.theguardian.com/politics/20 ... -forecasts

Brexit is happening and will happen.... I accept that, but by God, as many (few) on here have been saying, there's little to look forward to....

On another slant, I listened to some of a 5live broadcast yesterday. The ones calling in favouring brexit, were so wrong on why they did it... it ranged from someone who said EU rules on Faulty had caused his wife's motor insurance to increase - so he voted to leave. (his insurance came down, it transpired), to someone who said every supermarket was told by the EU to have 24 disabled parking spaces and that was bad.... to many, many people who claimed immigrants from the EU were taking or jobs, using our services and not contributing (lies)

Overall, though, there has been extensive analysis of brexit supporters in England and they reckon race issues and immigration issues were what caused more than 50% of people to vote leave. Scotland, Wales and NI were different.

This echoes a recent report that lack of national identity in England and harping back to 'those heady days of empire' were indeed a major factor in England. Newly discovered nationalism that can be misdirected....
exodus
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Re: We will be worse off, irrespective of Brexit deal...

Post by exodus »

I was listening to the BBC radio earlier when this came up. They interviewed people in Gateshead, a Northern City in UK.
Responses came down to this: "....if so then it is a price worth paying".
I repeat on this forum yet again, you Brits seem very keen on Brexit "bickering", rather than getting behind the UK Government
in their work to obtain a good deal with the EU post Brexit; in accordance with the referendum result.
If Brexit results in the collapse of the EU, which seems very likely, then the knock-on effects trade-wise for other near-Europe
Countries will be positive. This because the EU has so many trading regulations it is often not worth it for exporters to export to the EU.
Amos.
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kingfisher
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Re: We will be worse off, irrespective of Brexit deal...

Post by kingfisher »

Amos- I hear no bickering- only the ticking of a clock....
422 days, 3 hours, 21 minutes and six seconds as I write.
A countdown to what- I sincerely hope, and pray- is one hell of a hard Brexit...

Jon.
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Jimgward
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Re: We will be worse off, irrespective of Brexit deal...

Post by Jimgward »

Kingfishers, would I be correct in saying you have nothing to lose, hard or soft (I say old boy)? I.e. retired, not reliant on any issues in the UKm, living in Cyprus?

I think I anyone still working in the UK, reliant on trade with the EU, might have a different view....
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kingfisher
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Re: We will be worse off, irrespective of Brexit deal...

Post by kingfisher »

Jim, for once you are absolutely correct old boy. Now, I want to have my cocoa and get to bed.
jeba
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Re: We will be worse off, irrespective of Brexit deal...

Post by jeba »

exodus wrote: Wed Jan 31, 2018 3:50 pm"....if so then it is a price worth paying".
That was my feeling when they included Eastern Europe into the EU. I used to live in Bavaria and crime had been nothing to worry about. We never locked our house when leaving etc. After they opened the borders to Eastern Europe there were 3 burglaries in my neighbourhood within 1 year. So I can relate to that. I´d have preferred to sacrifice 1% of GDP for having closed borders again.
ApusApus
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Re: We will be worse off, irrespective of Brexit deal...

Post by ApusApus »

Happy in Cyprus wrote: Fri Feb 09, 2018 6:24 pm
Given that May's cabinet can't agree between themselves as to what they want from Brexit, perhaps you could enlighten them and help them on their way?

[

That is of course you're opinion? :roll:


Shane
Varky
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Re: We will be worse off, irrespective of Brexit deal...

Post by Varky »

Speaking as a resident of Cyprus, the pound has fallen quite significantly over the past couple of years, be it because of Brexit or not.

Surely as a result of this shouldn't UK sourced goods now be cheaper here in Cyprus. I must say I haven't seen this happening, has anybody else?
Firefly
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Re: We will be worse off, irrespective of Brexit deal...

Post by Firefly »

Varky, don't hold your breath :lol:
It's not the size of the dog in the fight, it's the size of the fight in the dog.
exodus
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Re: We will be worse off, irrespective of Brexit deal...

Post by exodus »

Varky wrote: Fri Feb 09, 2018 9:38 pm Speaking as a resident of Cyprus, the pound has fallen quite significantly over the past couple of years, be it because of Brexit or not.

Surely as a result of this shouldn't UK sourced goods now be cheaper here in Cyprus. I must say I haven't seen this happening, has anybody else?
They will be cheaper for the Cypriot importer but no chance they will pass it on to the retail customer. Would you?
Amos.
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PaphosAL
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Re: We will be worse off, irrespective of Brexit deal...

Post by PaphosAL »

Varky wrote: Fri Feb 09, 2018 9:38 pm Speaking as a resident of Cyprus, the pound has fallen quite significantly over the past couple of years, be it because of Brexit or not.

Surely as a result of this shouldn't UK sourced goods now be cheaper here in Cyprus. I must say I haven't seen this happening, has anybody else?
It's a bit like the wholesale price of potatoes and the cost of a portion of chips in your local Fish 'n Chip takeaway. When the price of spuds increase, so do the chips. When spuds prices decrease, chips prices remain the same...

AL :roll:
Gone but not forgotten...
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