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Brexit slowly becoming a Farce.


John Lambies Doos

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37 minutes ago, Dawson Park Boy said:

It needs to be determined one way or the other.

The big word in the article is ‘could’.

Still the phoney war.

It WAS determined by painstaking negotiation, and any 'phoney war' has been the result of mendacity on the part of the UK Government.  But you may know better of course.

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Well, if you're going to break your own UK laws, you might as well go all out and break international law on a Brexit treaty you actually helped shape and signed off. While you're on a roll, why not at the same time deport people fleeing all sorts of horrors to Rwanda. The direction of travel we are seeing by the Tories is as worrying as it is despicable. What a fucking shower of disgusting people these Tories are. Yet some still applaud them. 

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2 hours ago, Dawson Park Boy said:

Saw something from the ONS stating that UK exports to the EU are at their highest ever.

Am I right?

The increase is mainly gas and oil to fill up their reserves due to the Ukraine thing.

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On 14/06/2022 at 07:58, Granny Danger said:

Photos I’ve seen of Liz Truss over the last couple of days suggest she’s trying to morph into Thatcher, probably just in time for a leadership challenge.

Yes she certainly has been on this trend for a wee while now. Almost as if they don't know how unpopular she was.

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5 hours ago, Dawson Park Boy said:

Saw something from the ONS stating that UK exports to the EU are at their highest ever.

Am I right?

 

3 hours ago, Snafu said:

Going up monthly.

https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/uktrade/april2022

I take it this is without that friendly membership discount though?

A cursory glance at that report shows exports slightly higher than pre brexit, but the figures are on a different basis. Pre brexit we didn't actually have imports and exports to count but did have a reporting system for inter-state transfers of goods (intrastat). It's hard to say how accurate the reporting was and not everything was counted-low value consignments were excluded. 

We now have actual imports and exports of goods to count. 

The services figure is based on surveys, so has all the uncertainty that entails. 

I can't quite see how things going to NI from mainland UK are treated or how stuff is counted going from NI over its land border. 

As @welshbairn says, the biggest single increase is in fuel, which is hardly structural and quite unusual in that most countries don't have a domestic oil extraction industry to protect and fuel can go most places without  tarrifs. Also the price has increased by way more than inflation so there will be a big price component to this increase. A 150% increase where the price has doubled is something like a 25% increase in volume. 

Like employment or growth data, this stuff is useful for seeing long term trends but looking at changes month by month is trying to find a signal in noise. 

One trend is that our trade balance deficit is still increasing. 

Maybe in five years or so we could draw some useful conclusion about how brexit is going from the headline stats but not yet. 

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