UK economy only G7 nation to shrink in 2023 - IMF

[RayC]

1 hour ago, transam said:

 

40 years of EU pandering, controlling, telling us what to do is now over.

Between 1997 - 2016, the UK supported 97% of the legislation originating from Brussels, so hardly "... telling us what to do ...".

 

(Link posted numerous times in the past. You'll find it on the fullfacts site somewhere)

[transam]

1 minute ago, RayC said:

Between 1997 - 2016, the UK supported 97% of the legislation originating from Brussels, so hardly "... telling us what to do ...".

 

(Link posted numerous times in the past. You'll find it on the fullfacts site somewhere)

And why shouldn't they, but being told what to do in a vote by the EU that the UK doesn't want is now dealt with, we govern ourselves.

Norway, Switzerland want sod all to do with being a member, they are not interested in sponging the EU coffers as many in the club are..... 

[stevenl]

6 hours ago, hotandsticky said:

Thriving is about more than just the economy.

 

 

Anyway.......the Leave vote won, get over it.

You wrote "Everyone voting "leave" knew that there would be a negative affect on the UK economy........that isn't rocket-science. "
You have been proven wrong so you move the goal post.

[metisdead]

Some troll posts trolling about members needing to be from UK in order to post in this topic have been removed as well as some inflammatory replies. 

 

A troll post has been removed.

Edited February 7, 2023 by metisdead

[Mac Mickmanus]

4 hours ago, n00dle said:

when you say "folk like you" do you mean current generations left to deal with policy choices voted in by bigoted geriatrics  who will not live long enough to pay for their choices?

 

But wait, they are paying now, aren't they? 

They will be grateful when the sunny uplands arrive 

[RayC]

2 hours ago, transam said:

And why shouldn't they, but being told what to do in a vote by the EU that the UK doesn't want is now dealt with, we govern ourselves.

Norway, Switzerland want sod all to do with being a member, they are not interested in sponging the EU coffers as many in the club are..... 

Not for the first time I have no idea what point you are trying to make.

[RayC]

3 hours ago, Mac Mickmanus said:

They will be grateful when the sunny uplands arrive 

Whoever is transporting the sunny uplands must be on (permanent) strike.

[transam]

14 hours ago, RayC said:

Not for the first time I have no idea what point you are trying to make.

Mission accomplished...............

[Social Media]

Reported post removed.

[youreavinalaff]

Figures released today show GDP in UK grew by 4% in 2022.

 

The highest among all G7 nations.

[ozimoron]

7 minutes ago, youreavinalaff said:

Figures released today show GDP in UK grew by 4% in 2022.

 

The highest among all G7 nations.

Post pandemic bounce according to this website:

 

The UK’s economy flatlined in the last three months of 2022, helping it to avoid a recession by the thinnest of margins, new data show.

 

The Office for National Statistics recorded 0.0% growth in gross domestic product (GDP) in the fourth quarter.

 

“The economy contracted sharply in December meaning, overall, there was no growth in the economy over the last three months of 2022,” said ONS director of economic statistics Darren Morgan.

 

https://www.aol.com/uk-narrowly-avoided-recession-flat-071857688.html

 

 

[candide]

3 hours ago, youreavinalaff said:

Figures released today show GDP in UK grew by 4% in 2022.

 

The highest among all G7 nations.

Yet UK is the only G7 country which has not caught-up to pre-pandemic GDP level, and is not expected to reach this level before 2026.

Bank of England takes pessimistic view of Britain’s prospects

https://www.ft.com/content/d411a8eb-5fa4-4ae5-86aa-c856c57c6769

[youreavinalaff]

3 hours ago, candide said:

Yet UK is the only G7 country which has not caught-up to pre-pandemic GDP level, and is not expected to reach this level before 2026.

Bank of England takes pessimistic view of Britain’s prospects

https://www.ft.com/content/d411a8eb-5fa4-4ae5-86aa-c856c57c6769

The UK GDP is only 0.8% below pre pandemic levels. It's not going to take 3 years to get there.

 

Ignore the BoE. They said UK would hit recession in 2022.

[Bluespunk]

Now here’s a thing…

 

https://www.theguardian.com/politics/2023/feb/11/revealed-secret-cross-party-summit-held-to-confront-failings-of-brexit?CMP=Share_iOSApp_Other

[kwilco]

...and heres another.....

 

https://www.theweek.co.uk/business/companies/959438/britishvolt-how-britain-bright-battery-hope-was-zapped?utm_medium=social&utm_source=keywee&utm_campaign=wek-uk-paids-shared_article-202205-fb-reg-combined-business_hope_was_zapped&utm_content=--&utm_term=paid&kwp_0=2237448&kwp_4=6354249&kwp_1=2730023&fbclid=IwAR2p0qFZi4rJtEA1ODeSRUFejP7QgXjB1iGWDxu0gQsjEyTq1Oe_giw6pv4

 

Not only are exisiting companies leaving, new ones are failing even before they start - how can you competitively sell in the EU with VAT and customs in the way every hour of the day?

[placeholder]

9 hours ago, kwilco said:

...and heres another.....

 

https://www.theweek.co.uk/business/companies/959438/britishvolt-how-britain-bright-battery-hope-was-zapped?utm_medium=social&utm_source=keywee&utm_campaign=wek-uk-paids-shared_article-202205-fb-reg-combined-business_hope_was_zapped&utm_content=--&utm_term=paid&kwp_0=2237448&kwp_4=6354249&kwp_1=2730023&fbclid=IwAR2p0qFZi4rJtEA1ODeSRUFejP7QgXjB1iGWDxu0gQsjEyTq1Oe_giw6pv4

 

Not only are exisiting companies leaving, new ones are failing even before they start - how can you competitively sell in the EU with VAT and customs in the way every hour of the day?

Well, to be fair, at the end of the article it notes that an Australian battery manufacturer, Recharge, has put in a preliminary bid for the company.

The Australian battery company Recharge Industries has already made a preliminary bid, as it seeks to capitalise on closer ties between Australia and the UK.

From the article linked to:

"Recharge Industries founder David Collard said “a potential Anglo-Australian deal for Britishvolt” would be preferable to a takeover by a company from China, which “dominates global supply”, reported The Times."

 

[kwilco]

3 hours ago, placeholder said:

Well, to be fair, at the end of the article it notes that an Australian battery manufacturer, Recharge, has put in a preliminary bid for the company.

The Australian battery company Recharge Industries has already made a preliminary bid, as it seeks to capitalise on closer ties between Australia and the UK.

From the article linked to:

"Recharge Industries founder David Collard said “a potential Anglo-Australian deal for Britishvolt” would be preferable to a takeover by a company from China, which “dominates global supply”, reported The Times."

 

It real,you doesn't matter that an Oz company sees a cheap deal..... at the end of the day what are they going to do with a battery company that can't sell to the EU...,,. Ship to the Australian market? (20 million) as opposed to the EU (450 million)?

The government is desperate to patch up blunder after Brexit blunder....e.g. secret funding for Nissan..... how much will they put up to prop up this blunder?... anything to mask the inevitable results of Brexit.

[Bluespunk]

On 2/12/2023 at 6:46 AM, Bluespunk said:

Now here’s a thing…

 

https://www.theguardian.com/politics/2023/feb/11/revealed-secret-cross-party-summit-held-to-confront-failings-of-brexit?CMP=Share_iOSApp_Other

Uh oh…yet another thing sunak didn’t know about. 
 

https://www.theguardian.com/politics/2023/feb/13/david-frost-urges-uk-embrace-brexit-plot-unravel-deal?CMP=Share_iOSApp_Other