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Brexit - Printable Version +- ShareholdersUnite Forums (http://shareholdersunite.com/mybb) +-- Forum: Miscellaneous (http://shareholdersunite.com/mybb/forumdisplay.php?fid=9) +--- Forum: Economy (http://shareholdersunite.com/mybb/forumdisplay.php?fid=10) +--- Thread: Brexit (/showthread.php?tid=10811) |
RE: Brexit - admin - 06-28-2022 Quote:One of the UK’s most respected diplomats has accused Boris Johnson of planning three separate breaches of international law, warning that trust in the UK abroad is being shredded.Kim Darroch, a former national security adviser and US ambassador, has attacked plans to neuter commitments to the European Convention on Human Rights (ECHR), arguing they will violate the Good Friday Agreement. In an interview with The Independent, he said the threat sits alongside moves to tear up the Brexit deal for Northern Ireland and to deport refugees to Rwanda, breaking the Geneva Convention. “I think you can argue that this government is breaching international law in three areas,” Lord Darroch argued. Boris Johnson ‘shredding trust’ with three breaches of international law, former top diplomat warns RE: Brexit - admin - 07-23-2022 Quote:Now consider the choice facing the Tory selectorate. Liz Truss campaigned hard for remain in 2016, warning, presciently as it turned out, “just how difficult it would become to do business” if we were outside the European Union, having to “fill in 50 boxes on a form every time we wanted to export something”. Rishi Sunak, meanwhile, was an ardent Brexiteer, not just in the referendum campaign but for decades before: he was writing jeremiads against Brussels when he was 16. Given all that, leaver Sunak should be miles ahead of remainer Truss. And yet YouGov has Truss beating Sunak among Tory members by 24 points. How can that be?Brexit is a mood, not a policy – and Liz Truss captures it in all its delusion | Jonathan Freedland | The Guardian RE: Brexit - admin - 08-03-2022 Quote:As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?Spiralling inflation, crops left in the field and travel chaos: 10 reasons Brexit has been disastrous for Britain | Brexit | The Guardian Ten disastrous consequences of Brexit:
RE: Brexit - admin - 11-23-2022 Quote:Ignorance or wilful misrepresentation of the single market was the binding thread in a triple fallacy in the economic case for leaving the EU. First, Europe was dismissed as the dotard of the global economy, sclerotic and declining. The real prize was therefore trade deals with rising powers further afield. Second, Britain wouldn’t lose the benefits of the single market anyway, because EU businesses would lobby to retain access to UK consumers. Third, the cost of regulatory compliance with EU rules was greater than any benefit of membership. Sunak cited all three in an article explaining his decision to vote leave in 2016. Europe’s share of the global economy was shrinking relative to other continents, he explained. “Canada, South Korea and South Africa all trade freely with Europe without surrendering their independence. As one of Europe’s largest customers, I see no sensible reason why we could not achieve a similar agreement.” Also, “excessive red tape” stifled every British business, even the ones that don’t export to the continent. It is clear from those arguments that Sunak’s understanding of the single market was limited to the repertoire of dogmatic ditties that a thrusting young Tory learns to sing if he wants to be selected as the parliamentary candidate in a safe seat. Ministerial colleagues and officials in the Treasury say that his grasp of the issue was later enriched by the experience of serving as chancellor. By then, Brexit was a fait accompli. The truth that Rishi Sunak dare not speak: Britain still needs the EU | Rafael Behr | The Guardian RE: Brexit - admin - 11-27-2022 Quote:First such accord after leaving EU was predicted to bring £15bn boost but UK now lags rivals The first major free trade agreement signed by Britain after Brexit has been branded a failure after new figures showed exports had fallen since it came into force. Liz Truss signed a “historic” deal with Japan as trade secretary in October 2020, describing it as a “landmark moment for Britain”. It was claimed it would boost trade by billions of pounds and help the UK recover from the pandemic. However, figures collated by the Department for International Trade show exports to Japan fell from £12.3bn to £11.9bn in the year to June 2022. Exports in goods fell 4.9% to £6.1bn and services fell 2% to £5.8bn. The decline is a significant setback for supporters of Brexit who claimed global trade with non-EU countries would help compensate for any losses from leaving the single market. One such deal, with Australia, was criticised earlier this month by the former environment secretary George Eustice, who said it was “not actually a very good deal for the UK”.Brexit blow: exports to Japan slump after ‘landmark’ free trade deal | Brexit | The Guardian RE: Brexit - admin - 11-28-2022 Quote:It comes as new analysis revealed that UK export growth has fallen well behind that of other major economies, including Germany and France, despite claims by the Conservative government that Brexit would boost British business abroad...Rishi Sunak should seek new Brexit deal with EU, says Tony Blair think tank RE: Brexit - admin - 11-29-2022 Quote:Over 40 per cent of British products previously exported to the EU have disappeared from European shelves since Brexit, "bleak" new figures show. Trade economists trying to quantify the effects of Brexit warned in research published on Monday that new bureaucracy was putting off exporters on a grand scale. And they said their research shows the export gap created by the policy has "widened rather than closed" in over a year of the new trade system being in effect..Over 40% of British exports have disappeared from European shelves since Brexit Quote:The official statistics watchdog has reprimanded the Conservatives for claiming the UK had secured £800bn in “new free trade deals” since leaving the EU, saying the figure includes deals rolled over from before Brexit. The UK Statistics Authority (UKSA) said it had written to the Tories about the infographic, shared last month by Michael Gove among others, also warning that the party should provide sources for such figures in the future.Watchdog reprimands Tories over £800bn post-Brexit trade deals claim | Brexit | The Guardian RE: Brexit - admin - 01-25-2023 Quote:The cost of materials and labour for construction have increased more steeply in the UK than the EU since the Brexit referendum, new research has found. Analysis of data from EU member states, the central EU database, Eurostat, and the UK Department for Business, Energy and Industrial Strategy show that between 2015 and 2022 the cost of construction materials including cement, timber and steel increased by 60%. At the same time, the cost of labour in the UK went up by 30%. In the EU, where similar pressures including supply chain and Covid problems applied, the cost of materials went up 35% while labour in countries such as Denmark and the Netherlands went up by just over 14%.Brexit: UK construction costs ‘have risen much more steeply than EU’ | Brexit | The Guardian Quote:A British bicycle entrepreneur says Brexit has buckled his business and left him with a £100,000 hole in revenues, accusing the government of failing to do enough to mitigate its impact on British small exporters. Cycloc, which has made a name for its distinctive indoor bicycle storage and accessories and includes Stella McCartney, Jonathan Ross and cycling star Mark Cavendish among its customers, says the EU represented 50% of its business before Brexit left it nursing a 25% decline in overall sales. “It is very disappointing. I am a naturally optimistic person, but in a sense it is very difficult to be positive,” said the company’s founder and designer, Andrew Lang, in his studio in east London.‘Brexit has lost us 25% of sales’: British bike storage firm buckles under red tape | Manufacturing sector | The Guardian RE: Brexit - admin - 02-06-2023 Think tank scholar John Springford put it simply: “If you impose barriers to trade, investment and migration with your biggest trading partner (EU), then you’re Quote: going to have quite a big hit to trade volumes, and to investment and to GDP.” Everywhere you look, Britain is feeling the pinch, from a shortage of workers to small companies struggling to send their goods into Europe to reduced traffic on the Eurostar train between Britain and Europe. Bloomberg Economics estimates that British GDP would be 4 percent higher had it stayed in the European Union. There’s a remedy for Britain’s problems: Rejoin the E.U. RE: Brexit - admin - 04-30-2023 Quote:Brexit is killing the hospitality industry, with more than double the number of venues closing in the last 12 months as in the years before leaving the European Union, and more than six times the figure of the year before, stark new data obtained exclusively by The Independent shows. The net closure of almost 4,600 pubs, clubs, hotels and restaurants in the year to 31 March 2023 – the 12 months that followed the ending of Covid restrictions – lays bare the devastating impact of staff shortages caused by Brexit as well as the cost of living crisis. This compared to just 678 closures in the year to March 2022 and amounts to an average of 12.6 closures a day, with independent family-run businesses taking the biggest hit..Revealed: The great Brexit pubs and clubs shutdown | The Independent Quote:The impact of Brexit on the UK economy is on the same “magnitude” as the Covid pandemic and energy price crisis, the chairman of the Office for Budget Responsibility (OBR) has said. In a grim assessment, Richard Hughes also warned that it would take five years before people’s spending power recovers to pre-coronavirus levels. Britain’s gross domestic product (GDP) will be 4 per cent smaller than if the country had stayed in the EU, the head of the government’s fiscal watchdog confirmed on Sunday. Brexit damage to economy as big as Covid, says OBR | The Independent |