Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%

  • Out

    Votes: 325 32.1%
  • Total voters
    1,013
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Bruce Wayne said:

"Services now account for two thirds of UK GDP, and three quarters of employees are engaged in providing services. It is in this sense that the United Kingdom can be regarded as a service economy. This predominance of service industries raises important issues for policy-makers."

That was in 1998. Now it's even more and contributes around 80% of GDP. What did Lincoln say about being better staying silent?
Click to expand...

If you are talking about the whole Services economy then the vast majority of people involved work purely within and for the U.K., and export nothing to either the EU or anywhere else. The issue is Financial Services and the banks and the city of London will survive. What was that quote from Lincoln “Folks are usually about as happy as they make their minds up to be.” ...one day Remainers might raise their eyes, see that life continues, that a world of opportunities exists, and maybe, just maybe be happy.....
 
peteblue said:
If you are talking about the whole Services economy then the vast majority of people involved work purely within and for the U.K., and export nothing to either the EU or anywhere else. The issue is Financial Services and the banks and the city of London will survive. What was that quote from Lincoln “Folks are usually about as happy as they make their minds up to be.” ...one day Remainers might raise their eyes, see that life continues, that a world of opportunities exists, and maybe, just maybe be happy.....
Click to expand...
commonslibrary.parliament.uk

Statistics on UK-EU trade

The UK’s trading relationship with the EU changed fundamentally following Brexit. This briefing provides statistics on UK trade with the EU over recent years.
commonslibrary.parliament.uk commonslibrary.parliament.uk

Once again:
  • The UK had a trade surplus of £49 billion with non-EU countries. A surplus of £83 billion on trade in services outweighed a deficit of -£34 billion on trade in goods.
The sector that drives our exports is not factored into your wonderful trade deal, yet the items we import are. Fancy that.
 
Bruce Wayne said:
commonslibrary.parliament.uk

Statistics on UK-EU trade

The UK’s trading relationship with the EU changed fundamentally following Brexit. This briefing provides statistics on UK trade with the EU over recent years.
commonslibrary.parliament.uk commonslibrary.parliament.uk

Once again:
  • The UK had a trade surplus of £49 billion with non-EU countries. A surplus of £83 billion on trade in services outweighed a deficit of -£34 billion on trade in goods.
The sector that drives our exports is not factored into your wonderful trade deal, yet the items we import are. Fancy that.
Click to expand...

Bruce you started off talking about Services within U.K. GDP, before mentioning employees. Let’s put things into perspective. The U.K. GDP is about £2,000 Billion of which 80% is ‘services‘, so approx £1,600 Billion, the numbers you quote are about non EU exports and are, quite frankly, unaffected. They are as you rightly point out, and as I have been saying on here for the last 5 years, showing that we run a trade surplus with the rest of the world, which is where I want the U.K. to grow business, and we run a trade deficit with the EU. So where should we do business ?

In respect of employees in ‘services’, they are as I said, mostly operating purely within the U.K.

I’m not quite sure what point you are trying to prove tbh.....
 
peteblue said:
Bruce you started off talking about Services within U.K. GDP, before mentioning employees. Let’s put things into perspective. The U.K. GDP is about £2,000 Billion of which 80% is ‘services‘, so approx £1,600 Billion, the numbers you quote are about non EU exports and are, quite frankly, unaffected. They are as you rightly point out, and as I have been saying on here for the last 5 years, showing that we run a trade surplus with the rest of the world, which is where I want the U.K. to grow business, and we run a trade deficit with the EU. So where should we do business ?

In respect of employees in ‘services’, they are as I said, mostly operating purely within the U.K.

I’m not quite sure what point you are trying to prove tbh.....
Click to expand...
The point I'm making is that we are a service driven economy, and this trade deal doesn't even mention services, much less make our most successful areas even more successful.

By contrast, you seem to be lauding how wonderful the deal is by virtue of our most successful sectors "doing fine without it".
 
Sun rise on the sunny uplands of Brexit, a trade deal with Liechtenstein, the big country bigger than a bigly thing! Remoaners drink a big glass of humble pie wine, plucky Britain has pulled off a negotiating coup that will leave the geriatric EU gasping for breath!

www.bbc.co.uk

Brexit: UK announces trade deal with Norway, Iceland and Liechtenstein

Liechtenstein - another non-EU country - is also included in the post-Brexit deal.
www.bbc.co.uk www.bbc.co.uk
 
peteblue said:
If you are talking about the whole Services economy then the vast majority of people involved work purely within and for the U.K., and export nothing to either the EU or anywhere else. The issue is Financial Services and the banks and the city of London will survive. What was that quote from Lincoln “Folks are usually about as happy as they make their minds up to be.” ...one day Remainers might raise their eyes, see that life continues, that a world of opportunities exists, and maybe, just maybe be happy.....
Click to expand...
Ah yes, the “I appear to have blown my foot off with this shotgun but look at the opportunities available in one legged arse kicking competitions” gambit
 
Azza said:
lol lol lol lol

Click to expand...


Good old EU eh, and next up is French and Germany stitching up the ROI at the G7 with a minimum corporation tax. Now in the past the U.K. would have looked to have supported the ROI position, but they have have new friends now in the EU to do that for them...this will not end well......
 
peteblue said:
Good old EU eh, and next up is French and Germany stitching up the ROI at the G7 with a minimum corporation tax. Now in the past the U.K. would have looked to have supported the ROI position, but they have have new friends now in the EU to do that for them...this will not end well......
Click to expand...
peteblue said:
So, the G7 have agreed that a minimum of 15% corporate tax and to ensure that taxation is paid in the countries where money is made. This is long overdue, but will unfortunately hit certain countries particularly hard.......
Click to expand...
"doing the right thing" in one thread. "Stitching up Ireland" in another.
 
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