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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The Esk said:
Growth slowing
Job vacancies falling
Borrowing - record high
retail sales - up
Inflation - up
Likely direction of interest rates - up
Click to expand...

Didn't this all happen before 'Brexit' as well? It's happening to plenty within the EU now?

Seems like EVERYTHING is being attributed to 'Brexit'

Even overheard someone the other day saying all food, like Toblerone is getting smaller because of Brexit... lol
 
GrandOldTeam said:
Didn't this all happen before 'Brexit' as well? It's happening to plenty within the EU now?

Seems like EVERYTHING is being attributed to 'Brexit'

Even overheard someone the other day saying all food, like Toblerone is getting smaller because of Brexit... lol
Click to expand...

I've heard we can't have our Christmas lights on GOT because of Brexit.......
 
GrandOldTeam said:
Didn't this all happen before 'Brexit' as well? It's happening to plenty within the EU now?

Seems like EVERYTHING is being attributed to 'Brexit'

Even overheard someone the other day saying all food, like Toblerone is getting smaller because of Brexit... lol
Click to expand...

The lead up to the referendum certainly slowed growth, but there's no doubt that as a result of Brexit sterling fell in value which has impacted consumer inflation, increased raw material costs and made foreign direct investment more difficult (in the short term at least). Businesses involved in international trade have seen much higher levels of uncertainty as a result of Brexit, domestic companies less so.
 
nuthead said:
That's the job of the civil service. Aren't these meeting about establishing what we are actually going to negotiate? Taking soundings from each other to see what's achievable? Which is going to be very little if both sides are playing it like poker
Click to expand...

It's very early days.....patience and the ability to say nothing and listen is a virtue......
 
The Esk said:
The lead up to the referendum certainly slowed growth, but there's no doubt that as a result of Brexit sterling fell in value which has impacted consumer inflation, increased raw material costs and made foreign direct investment more difficult (in the short term at least). Businesses involved in international trade have seen much higher levels of uncertainty as a result of Brexit, domestic companies less so.
Click to expand...

And much higher levels of sales as a result of a weaker £.......Swings and roundabouts...
 
The Esk said:
The lead up to the referendum certainly slowed growth, but there's no doubt that as a result of Brexit sterling fell in value which has impacted consumer inflation, increased raw material costs and made foreign direct investment more difficult (in the short term at least). Businesses involved in international trade have seen much higher levels of uncertainty as a result of Brexit, domestic companies less so.
Click to expand...

Understand that, but I'm sat still thinking;

Growth slowing
Job vacancies falling
Borrowing - record high
retail sales - up
Inflation - up
Likely direction of interest rates - up

Didn't this all happen before 'Brexit' as well? It's happening to plenty within the EU now?

With that, I'm thinking there is a tendency to attribute everything to Brexit.

Of course, you can cherry pick plenty to support either argument - like so;

UK unemployment fell by 37,000 to 1.6 million in the three months to September, hitting an 11-year low.

The jobless rate fell to 4.8% in the same period, while the number of people in work went up by 49,000, said the Office for National Statistics (ONS).

Average weekly earnings grew by 2.3% in the year to October including bonuses and by 2.4% excluding bonuses.
Click to expand...
 
peteblue said:
And much higher levels of sales as a result of a weaker £.......Swings and roundabouts...
Click to expand...

Britain’s trade deficit with the rest of the world widened unexpectedly in September as the sharp fall in the pound since the Brexit vote failed to boost exports.

The UK trade in goods deficit increased by £1.6bn over the month to £12.7bn. Imports rose £1.3bn to £38.8bn, while exports fell by £200m to £26.1bn. Imports of ships, materials, vehicles and oil were all up in September, the Office for National Statistics said.

The disappointing figures suggested the 16% fall in the value of the pound since the EU referendum in June failed to lift exports, despite making British goods cheaper abroad.

https://www.theguardian.com/busines...icit-widens-september-exports-fall-pound-drop
 
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