ChatterBank1 min ago
That Damn Brexit Eh...?
97 Answers
https:/ /news.s ky.com/ story/c ptpp-uk -accept ed-into -indo-p acific- trade-b loc-in- biggest -trade- deal-si nce-bre xit-128 45758
...no doubt the 5C will come along and pour scorn on this deal but hey that's their job!
...no doubt the 5C will come along and pour scorn on this deal but hey that's their job!
Answers
I wonder how many would stay with dominating spouse for fear of going it alone and being prepared to work to rebuild a life free of someone else's control? You Remainers are so weak. You know the price of everything and the value of nothing - but moan on, as is your preference. This country will survive and thrive despite it.
10:06 Sat 01st Apr 2023
///It said that the estimated increase in UK GDP in the long run was 0.08%.///
- and that's courtesy of the government's own website
https:/ /tinyur l.com/b dzxfdac
We're in the money!
- and that's courtesy of the government's own website
https:/
We're in the money!
"Yet the Government’s own modelling shows that joining CPTPP is expected to boost UK trade, GDP and wages for UK workers by only a modest amount in the long run (after c. 15 years), with the estimated percentage increase in GDP being 0.08%."
https:/ /commit tees.pa rliamen t.uk/pu blicati ons/785 9/docum ents/81 612/def ault/#p age=13
If the growth were constant over that fifteen-year period, that would be growth of 0.0053% each year.
Incredible!
https:/
If the growth were constant over that fifteen-year period, that would be growth of 0.0053% each year.
Incredible!
'worth 1.8 billion a year'
'All EU countries lose income after Brexit. The overall GDP fall in the UK is £26 billion
to £55 billion, about twice as big as the £12 billion to £28 billion income loss in the rest
of the EU combined'
https:/ /cep.ls e.ac.uk /pubs/d ownload /brexit 02.pdf
'All EU countries lose income after Brexit. The overall GDP fall in the UK is £26 billion
to £55 billion, about twice as big as the £12 billion to £28 billion income loss in the rest
of the EU combined'
https:/
BOB, there are two references to that figure.
The first is 'The UK is the first European country to enter the agreement, and the government claims it will lead to a £1.8bn boost to the economy "in the long run".'
The second one states, "with official estimates suggesting it will add just £1.8bn a year to the UK economy after 10 years, representing less than 1% of UK GDP.
A report into the impact of the deal was produced in 2021 and included this table showing the impact on various measures.
https:/ /ibb.co /RPwV4g Z
It shows an increase in GDP of £1.8bn but that is measured over a fifteen year period.
Some of the measures show an increase in imports so when adding the increases together, that is deducted and is where I got the overall £4.1 billion change from.
The first is 'The UK is the first European country to enter the agreement, and the government claims it will lead to a £1.8bn boost to the economy "in the long run".'
The second one states, "with official estimates suggesting it will add just £1.8bn a year to the UK economy after 10 years, representing less than 1% of UK GDP.
A report into the impact of the deal was produced in 2021 and included this table showing the impact on various measures.
https:/
It shows an increase in GDP of £1.8bn but that is measured over a fifteen year period.
Some of the measures show an increase in imports so when adding the increases together, that is deducted and is where I got the overall £4.1 billion change from.
//I do hope people realise that our membership is going to come with strings attached because that is how the world works//
Indeed, as all trading agreements do. But it is very unlikely that those strings will include the unfettered right of all the people living in the current member nations of that organisation to live and work in the UK; nor the right of the administration of that organisation to pass laws that are supreme to those passed in Westminster; or the right of that organisation to determine how much State aid the UK government can give to industries of its choice; or the insistence of that organisation to ensure all government contracts are open to bids from all businesses in the bloc; or.... well I could go on but hopefully you get the picture.
Indeed, as all trading agreements do. But it is very unlikely that those strings will include the unfettered right of all the people living in the current member nations of that organisation to live and work in the UK; nor the right of the administration of that organisation to pass laws that are supreme to those passed in Westminster; or the right of that organisation to determine how much State aid the UK government can give to industries of its choice; or the insistence of that organisation to ensure all government contracts are open to bids from all businesses in the bloc; or.... well I could go on but hopefully you get the picture.