Out of all the major EU countries the UK is still doing OK and far better than most, not booming but steady which should nt be sniffed at! - despite the damage Renainers are doing. With the German recession and the French & Italian severe financial problems the pound puts us in a relatively decent position and provides a level of insulation from the euro zoneYeah, laughing at the experts is always a good idea if you want to ignore what's going on around you.
'The UK government hopes that Brexit will make the UK a better place to do business, but new numbers from the Centre for Economic Performance (CEP) show that the opposite is happening. UK firms are voting with their money and offshoring new investments to the rest of the EU. The study finds that the Brexit vote has led to a 12% increase in new foreign direct investment (FDI) projects by UK firms in EU countries, a total increase in foreign investment of £8.3bn. A no-deal Brexit would further accelerate the outflow of investment from the UK. This is the first systematic, evidence-based analysis of how the Leave vote has affected outward investment by UK firms. The findings support anecdotal evidence that fears about Brexit are causing UK companies to move investments elsewhere in Europe.
'The report’s findings support the idea that UK firms are offshoring production to the EU because they expect Brexit to increase barriers to trade and migration, making the UK a less attractive place to do business. Holger Breinlich said, “Our results show that Brexit has already led to an investment outflow from the UK of over £8bn. “These outflows are likely to accelerate substantially in the event of a no-deal Brexit.” Dennis Novy said, “The economic risk of Brexit is larger on the UK side of the Channel. British firms feel compelled to invest more in the EU but not the other way around. “Combined with existing evidence that the Brexit vote has already affected the UK economy through lower real wages, slower GDP growth and fewer firms starting to export to the EU, the initial signs are that ‘Project Fear’ may turn out to have been ‘Project Reality’. Thomas Sampson said, “The data show that Brexit has made the UK a less attractive place to invest. “Lower investment hurts the economy and means that UK workers are going to miss out on new job opportunities.” '
UK firms investing billions abroad because of Brexit | London Business News | Londonlovesbusiness.com
Nice use of statistics there!
And guess what, we're not in the Euro!Out of all the major EU countries the UK is still doing OK and far better than most, not booming but steady which should nt be sniffed at! - despite the damage Renainers are doing. With the German recession and the French & Italian severe financial problems the pound puts us in a relatively decent position and provides a level of insulation from the euro zone
Figures released this morning:Out of all the major EU countries the UK is still doing OK and far better than most, not booming but steady which should nt be sniffed at! - despite the damage Renainers are doing. With the German recession and the French & Italian severe financial problems the pound puts us in a relatively decent position and provides a level of insulation from the euro zone
Yemen has been demolished thanks in part to our supplies of weapons systems and ordinanceWe already export weapons to those places. What will we able to do post-Brexit that we couldn’t do before?
Yemen has been demolished thanks in part to our supplies of weapons systems and ordinance
I wonder if the Gulf states will demand large numbers of Visas and how well that'll go down with the immigration obsessed crowd?
If you want to see the current effects of the brain drain. Check out the numbers of HGV drivers and Teachers quoting their industries. I used those two as examples across the board of the problems U.K. Plc face now.I've got another 15 years max until retirement.
You're already there.
I'm not talking about older folk. It's the <40's leaving that will **** us
Another sock making things up with no proper links. That link shows the forecast for 2019 as 1.7%.Let's start Monday off with a laugh at the so called experts
The French Government forecast for 2018 was between 1.9 - 2.1 %. the actual growth rate was 1.0%
Bank of France sees French first-quarter economic growth at 0.4 percent | Reuters
France never achieved growth of 0.4% in any quarter of 2018 ( 0.2, 0.2, 0.3 & 0.3 ) yet in the midst of Brexit, a world economic slowdown, trade wars and internal French strife, the experts believe that France will outperform every quarter of 2018.
Moreover just how did Mutties Deutschland afford the massive (and ongoing) reunification costs bringing east Germany under the economic miracle. Thank fook for control of the European Central Bank eh?You mean the eastern EU states have robbed the EU development funds blind and not built new stuff?
Colour me not surprised
The 2022 GE will be very interesting - particularly for the more vocal Remain supporting MP's with small majorities in Brexit supporting seats. I suspect the main opposition party in those seats will put in opponents with strong Brexit credentials then flag the sitting MP's record in opposing Brexit. Given that floating voters in marginal seats don't have strong party loyalties, that could result in quite a few MP's being unseated.Couldn't agree more.. The ripples created from brexit are many and varied and I find it interesting the media have been very slow to pickup those ripples.. One could argue it is intentional, as the only chance of overturning brexit is via a centrist movement and blair and his cronies get far more press than they should.
I worked on the Olympic Games London logistic delivery during the building phase. The only hauliers who got turned away mainly due to trying to ignore delivery times, were caboters. Who would resort to shrugging shoulders and claiming they didn’t speak English. Pleased to think that E.U. leaving will see the end of cabotage, to many dead motorists due to wrong side of the road driving.Having worked in transport for quite a long time including six years dealing with hauliers all over Europe, I can definitely say the UK leads in 'doing things properly' in most cases with regards to compliance and proper maintenance on the vehicles, at least compared to many of the European counterparts.
Be quite amusing if those countries who still have conscription said "Yes, come on over: but you have to complete your two years compulsory military service." I think he might find that he has developed a pressing need to wash his hair, or something. Or perhaps - being the chap of integrity he appears to be - he will tailor his application only to those countries which don't currently have compulsory military service.