Actually Britain is doing 6 to 8% worse that the rest of the EU and that’s just in reduced Economic Growth.
Its influence in international affairs has also fallen steeply - one thing is to be a mid-sized country with a significant ability to move a block of 540 million people, a whole different thing is to be just another mid-sized country.
Having lived there at the time, I keenly remember how Britain was supposed to become once again an Economic Powerhouse (with Return To Past Greatness implied, rather than openly stated as in the US). Such fanciful bollocks is now well dead and burried.
Sure mate, the Brexit Dividend Is Just Around The Corner And Will Begin At Any Moment Now and The Fall Of The British Pound Just Makes Britain More Competitive.
Meanwhile in the real World back in 2016 you could get 1 EUR for 0.7 GBP and now it costs 0.87 GBP so the World thinks everything Britain is worth 24% - British inflation hasnt been higher than Euro Zone inflation so the fall in the GBP hasn’t been offset by an increase in GBP valuations - and my old savings when I lived and worked in Britain (which were transfered out of the GBP just before the Leave Referendum results) are worth 24% more in EUR than they would if they stayed in GBP (purely from betting against the British Pound, not counting actual investment returns since).
Mind you, Europe is fucked. It’s just that Britain is even more fucked. It’s like most countries in the EU doing some stupid post 2008 Crash shit that fucks them up and Britain going “Hold my beer!”
That “strangely” specific metric you quote conveniently forgets the trade balance in goods which more than offsets services so now with a currency which is 24% weaker - which makes everything Britain worth less and supposedly is better for trade - the UK’s total trade balance is actually worse than in 2016 (source)
I see that the Brexiter tendency to blindly believe in self-congratulating nationalistic Sun newspaper headlines and not actually googling for easilly available economic figures has remained unchanged in the last decade.
Good old Brexiter cherry-picking is alive and well.
Also it’s hilarious that you pretty much parroted my “The Fall Of The British Pound Just Makes Britain More Competitive” charicatural Brexiter line based on actual Leave Campaign bollocks. Our exchange reminds me of the old days!
Yawn, UK goods exports to the EU has been in decline for decades. 0.29% of UK companies stopped exporting to the EU. Big fucking deal.
Meanwhile services are up 75% since 2016.
What would you rather have? Polluting high carbon goods trade or high margin low carbon services?
As I said, the benefit was leaving the CAP. If you knew anything about it, like it takes the largest slice of the budget, is subject to political capture by wealthy landowners, and has destroyed our environment with terrible incentives.
If you actually understood the impact currency changes have you wouldn’t post this tripe In a Weird Trump Initial Caps Style That Makes You Sound Like A Retard
Britain’s Total World trade balance is much worse than in 2016
(Also and on your mentioning of falling EU trade, it’s hilarious that you think that “losing more of those clients we’ve already been losing” is somehow a good thing. Yeah, sure, that makes total business sense mate … wanna buy this river crossing property I have for sale in a major US city?)
You see, Non-EU Trade was also affected by Brexit due to the loss of all those Trade Treaties that Britain had via the EU and which the country had to try to replace because it left the trade block. Back in the Referedum days we were all told how “sovereign Britain” would be able to negotiate even better trade terms than the EU and here we are, almost a decade later, and Britain failed to negotiate replacement for all those trade treaties, much less get better trade terms in those it did (as expected: the other countries will concede much better trade terms for access to a trade block of 540 million people than for access to a country of 40 million), hence its trade balance with the World has never been this bad.
(Surely, “The Brexit Dividend Is Just Around The Corner And Will Begin At Any Moment Now” just like Brexiters have claimed since 2016)
The CAP stuff is also a hilarious obcession, given that British agricultural products are part of those “goods” where trade balance has worsen steeply, so clearly leaving the EU and the CAP didn’t turn out so great for British farmers.
Also, it’s been hilarious to watch Britain weaken it’s own food safety legislation rules - “overregulation” being the main argument from Brexiters for the CAP being a horrible thing - further shafting the entire Food Production For Export sector in the UK AND weakening the quality and safety of the food that Britons consume thus also shafting everybody living in Britain (all of which, on a personal note, periodically reminds me that leaving Britain after Leave won was one of the best decisions in my life).
Trully an amazing Leave achievement!
Congratulations for shafting British food safety and the trade prospects of the British Food Sector including British Farmers so as to get rid of pesky EU Agricultural Regulations. Brits finally will get to enjoy the pleasure of eating Hormone Beef and Chlorinated Chicken (with its many times higher rates of Salmonella)!
Actually Britain is doing 6 to 8% worse that the rest of the EU and that’s just in reduced Economic Growth.
Its influence in international affairs has also fallen steeply - one thing is to be a mid-sized country with a significant ability to move a block of 540 million people, a whole different thing is to be just another mid-sized country.
Having lived there at the time, I keenly remember how Britain was supposed to become once again an Economic Powerhouse (with Return To Past Greatness implied, rather than openly stated as in the US). Such fanciful bollocks is now well dead and burried.
Actually it isn’t. You’re talking about synthetic counter factual models which are bullshit
Compare the UK against it’s actual doppelgangers, France and Germany, and we are all very much in the same boat. No growth and lots of debt.
The UK’s systematic productivity problems all occurred while in the EU, not after it left.
And no our soft power hasn’t been hurt at all https://brandfinance.com/insights/global-soft-power-index-2025-the-shifting-balance-of-global-soft-power
The UK is now free to regulate under common law, not the innovation smothering, precautionary principled yawn fest that is Roman civil law
Sure mate, the Brexit Dividend Is Just Around The Corner And Will Begin At Any Moment Now and The Fall Of The British Pound Just Makes Britain More Competitive.
Meanwhile in the real World back in 2016 you could get 1 EUR for 0.7 GBP and now it costs 0.87 GBP so the World thinks everything Britain is worth 24% - British inflation hasnt been higher than Euro Zone inflation so the fall in the GBP hasn’t been offset by an increase in GBP valuations - and my old savings when I lived and worked in Britain (which were transfered out of the GBP just before the Leave Referendum results) are worth 24% more in EUR than they would if they stayed in GBP (purely from betting against the British Pound, not counting actual investment returns since).
Mind you, Europe is fucked. It’s just that Britain is even more fucked. It’s like most countries in the EU doing some stupid post 2008 Crash shit that fucks them up and Britain going “Hold my beer!”
Lol, the fall in the pound made our services exports even more competitive.
Come back when you’ve learned something beyond the headlines
That “strangely” specific metric you quote conveniently forgets the trade balance in goods which more than offsets services so now with a currency which is 24% weaker - which makes everything Britain worth less and supposedly is better for trade - the UK’s total trade balance is actually worse than in 2016 (source)
I see that the Brexiter tendency to blindly believe in self-congratulating nationalistic Sun newspaper headlines and not actually googling for easilly available economic figures has remained unchanged in the last decade.
Good old Brexiter cherry-picking is alive and well.
Also it’s hilarious that you pretty much parroted my “The Fall Of The British Pound Just Makes Britain More Competitive” charicatural Brexiter line based on actual Leave Campaign bollocks. Our exchange reminds me of the old days!
Yawn, UK goods exports to the EU has been in decline for decades. 0.29% of UK companies stopped exporting to the EU. Big fucking deal.
Meanwhile services are up 75% since 2016.
What would you rather have? Polluting high carbon goods trade or high margin low carbon services?
As I said, the benefit was leaving the CAP. If you knew anything about it, like it takes the largest slice of the budget, is subject to political capture by wealthy landowners, and has destroyed our environment with terrible incentives.
If you actually understood the impact currency changes have you wouldn’t post this tripe In a Weird Trump Initial Caps Style That Makes You Sound Like A Retard
Again, “strangely” specific.
Britain’s Total World trade balance is much worse than in 2016
(Also and on your mentioning of falling EU trade, it’s hilarious that you think that “losing more of those clients we’ve already been losing” is somehow a good thing. Yeah, sure, that makes total business sense mate … wanna buy this river crossing property I have for sale in a major US city?)
You see, Non-EU Trade was also affected by Brexit due to the loss of all those Trade Treaties that Britain had via the EU and which the country had to try to replace because it left the trade block. Back in the Referedum days we were all told how “sovereign Britain” would be able to negotiate even better trade terms than the EU and here we are, almost a decade later, and Britain failed to negotiate replacement for all those trade treaties, much less get better trade terms in those it did (as expected: the other countries will concede much better trade terms for access to a trade block of 540 million people than for access to a country of 40 million), hence its trade balance with the World has never been this bad.
(Surely, “The Brexit Dividend Is Just Around The Corner And Will Begin At Any Moment Now” just like Brexiters have claimed since 2016)
The CAP stuff is also a hilarious obcession, given that British agricultural products are part of those “goods” where trade balance has worsen steeply, so clearly leaving the EU and the CAP didn’t turn out so great for British farmers.
Also, it’s been hilarious to watch Britain weaken it’s own food safety legislation rules - “overregulation” being the main argument from Brexiters for the CAP being a horrible thing - further shafting the entire Food Production For Export sector in the UK AND weakening the quality and safety of the food that Britons consume thus also shafting everybody living in Britain (all of which, on a personal note, periodically reminds me that leaving Britain after Leave won was one of the best decisions in my life).
Trully an amazing Leave achievement!
Congratulations for shafting British food safety and the trade prospects of the British Food Sector including British Farmers so as to get rid of pesky EU Agricultural Regulations. Brits finally will get to enjoy the pleasure of eating Hormone Beef and Chlorinated Chicken (with its many times higher rates of Salmonella)!