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European Union - In Or Out?

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7 hours ago, jrs said:

I would say that qualifies as a very big load of BS. In real terms he is a traitor towards British Industry and manufacturing. 

Yes, Dyson really talks a load of crap. That was obvious when he claimed that the AZ vaccine was invented because of Brexit, when in fact nearly 30 years of research involving international scientists were involved. Quite frankly, he's another Brexit BSer in the mould of Boris Johnson and his cronies.

The only advantage that Brexit brought, was a complete lack of oversight when the UK regulator decided to fast track approval whilst glossing over the irregularities in the AZ vaccine clinical trials, and allowing the UK population to be used as a giant beta test. An 'oversight' that's possibly killed 20 people in the UK alone, and the government now tacitly admitting that the effectiveness of the vaccine is a bit questionable, quite aside from other countries (including the US) now declining to use it.  

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24 minutes ago, Humphrey Appleby said:

Yes, Dyson really talks a load of crap. That was obvious when he claimed that the AZ vaccine was invented because of Brexit, when in fact nearly 30 years of research involving international scientists were involved. Quite frankly, he's another Brexit BSer in the mould of Boris Johnson and his cronies.

The only advantage that Brexit brought, was a complete lack of oversight when the UK regulator decided to fast track approval whilst glossing over the irregularities in the AZ vaccine clinical trials, and allowing the UK population to be used as a giant beta test. An 'oversight' that's possibly killed 20 people in the UK alone, and the government now tacitly admitting that the effectiveness of the vaccine is a bit questionable, quite aside from other countries (including the US) now declining to use it.  

Which one have you had? I'm assuming you can't return to Australia or your beloved EU without the passport :unsure:

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Posted (edited)
4 minutes ago, Badge said:

Which one have you had? I'm assuming you can't return to Australia or your beloved EU without the passport :unsure:

Don't need any vaccine to travel anywhere currently. It's more dependent on the ridiculous testing regime implemented by the government you elected that claimed it was returning sovereignty to you.

How you were fooled... :rolleyes:

Edited by Humphrey Appleby

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SEEMS to be a quiet day here so how about this to get HA and co's teeth chattering ...

Two cheers for the British Wirtschaftswunder. It may not be an economic miracle, but the accelerating recovery now under way is a breathtaking turn of fortunes for the much denigrated Brexit economy. The UK will probably regain pre-Covid levels of output before the eurozone, perhaps by Christmas. By the end of next year it may even have recouped the entire cross-Channel gap in growth since the referendum.

Philip Shaw from Investec has pencilled in blistering growth of 7.3pc this year, but says it could be over 8pc. “We’re trying not to sound outrageous but that is what the numbers are telling us,” he said. The firm has the eurozone pegged at 4.4pc. Upgrades are pouring in. The Swiss bank UBS has raised its UK forecast from 3.8pc to 5.5pc. Bank of America and Barclays have both raised theirs to 5.9pc.

A “very optimistic” Goldman Sachs is eyeing 7.1pc, thanks to both early and rapid vaccination. The US bank says press alarmism about a 1.3 million exodus of EU nationals fleeing London is nonsense. “The true net outflow of migrants is closer to the 200,000 mark,” it said. It predicts that many will return soon because jobs are scarce at home. Migrants from Hong Kong will do the rest.

“Everybody has been too bearish on the UK,” said David Owen from Jefferies. “It is going to be a ‘coiled spring’ recovery and we even think the UK will outperform the US in 2022 with 7.6pc growth.” Mr Owen says a powerful inventory cycle is about to kick in as firms restock. This will be turbocharged by £100bn of excess savings built up by companies over the pandemic.

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2 hours ago, PHILIPRISING said:

Philip Shaw from Investec has pencilled in blistering growth of 7.3pc this year, but says it could be over 8pc. “We’re trying not to sound outrageous but that is what the numbers are telling us,” he said. The firm has the eurozone pegged at 4.4pc. Upgrades are pouring in. The Swiss bank UBS has raised its UK forecast from 3.8pc to 5.5pc. Bank of America and Barclays have both raised theirs to 5.9pc.

Whenever Remainers made predictions, they were constantly dismissed by the Brexiteers as Project Fear, even though Project Fear has since proved to be Project Reality.

But even a 7% growth in the economy wouldn't be fantastic in light of the 10% contraction since Brexit. It would just about be a halving of the worst recession in history, which would still put it amongst the worst in recorded history, and that's the best case scenario. :rolleyes:

I can see why you're not writing for the Economist... :D

Edited by Humphrey Appleby
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On ‎4‎/‎14‎/‎2021 at 1:56 PM, PHILIPRISING said:

SO, you totally disregard all the people he employs in the UK, the taxes he and they pay and the excellent products that Dyson produce.

This is good. He say's "We have 60 different nationalities on this site. I employ them from all over the world," Mr Dyson said.

But...On hiring foreign nationals, Sir James could have employed non-EU people before. There were hoops to go through and even with the new immigration system there still are.

Is he trying to say, that diversity has come about since Brexit ? B)

And he thinks innovation has been boosted.......with about as much evidence as Vince has to prove Till death do us part made people less racist, I bet :D

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1 hour ago, Humphrey Appleby said:

 

I can see why you're not writing for the Economist... :D

Or you:t:

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4 hours ago, PHILIPRISING said:

SEEMS to be a quiet day here so how about this to get HA and co's teeth chattering ...

Two cheers for the British Wirtschaftswunder. It may not be an economic miracle, but the accelerating recovery now under way is a breathtaking turn of fortunes for the much denigrated Brexit economy. The UK will probably regain pre-Covid levels of output before the eurozone, perhaps by Christmas. By the end of next year it may even have recouped the entire cross-Channel gap in growth since the referendum.

Philip Shaw from Investec has pencilled in blistering growth of 7.3pc this year, but says it could be over 8pc. “We’re trying not to sound outrageous but that is what the numbers are telling us,” he said. The firm has the eurozone pegged at 4.4pc. Upgrades are pouring in. The Swiss bank UBS has raised its UK forecast from 3.8pc to 5.5pc. Bank of America and Barclays have both raised theirs to 5.9pc.

A “very optimistic” Goldman Sachs is eyeing 7.1pc, thanks to both early and rapid vaccination. The US bank says press alarmism about a 1.3 million exodus of EU nationals fleeing London is nonsense. “The true net outflow of migrants is closer to the 200,000 mark,” it said. It predicts that many will return soon because jobs are scarce at home. Migrants from Hong Kong will do the rest.

“Everybody has been too bearish on the UK,” said David Owen from Jefferies. “It is going to be a ‘coiled spring’ recovery and we even think the UK will outperform the US in 2022 with 7.6pc growth.” Mr Owen says a powerful inventory cycle is about to kick in as firms restock. This will be turbocharged by £100bn of excess savings built up by companies over the pandemic.

Hmmm! Has anyone told the stock market? Why is it not performing with these growth projections? My pension investments are with Investec and the last growth predictions for the UK was 4.1%!!

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3 hours ago, Humphrey Appleby said:

But even a 7% growth in the economy wouldn't be fantastic in light of the 10% contraction since Brexit. 

Brexit was 31 st December  2020. The economy shrank by 10 % last year when we were still in the EU but suffering the effects of the Brexit lockdowns ( according to Reuters.) 

Where is your evidence that the economy shrank by 10 % due to Brexit ie. since 1st Jan 2021,  and that such shrinkage was entirely due to Brexit and unrelated to Covid ?

 

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1 hour ago, dj350z said:

Hmmm! Has anyone told the stock market? Why is it not performing with these growth projections? My pension investments are with Investec and the last growth predictions for the UK was 4.1%!!

Britain’s blue-chip FTSE 100 has closed on the brink of the 7,000 point mark, at its highest level in over a year. The FTSE 100 has ended the day 44 points higher at 6983.5 points, up 0.6% today. That’s its highest close since late February last year.

Edited by PHILIPRISING
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Just now, E I Addio said:

Brexit was 31 st December  2020. The economy shrank by 10 % last year when we were still in the EU but suffering the effects of the Brexit lockdowns ( according to Reuters.) 

No, Brexit was on 31 January 2020.

Just now, E I Addio said:

Where is your evidence that the economy shrank by 10 % due to Brexit ie. since 1st Jan 2021,  and that such shrinkage was entirely due to Brexit and unrelated to Covid ?

Do we really have to go over this again and again? Go and Google it - there's plenty of references including the ONS.

Of course some of it was down to COVID, but the EU's economy only contracted by 7% during the comparable period. So it's perfectly reasonable to say that Brexit was responsible for this additional 3% contraction even before leaving the Single Market, and it's on the official record that it contracted by a further 3% in January. 

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Posted (edited)
19 minutes ago, PHILIPRISING said:

Britain’s blue-chip FTSE 100 has closed on the brink of the 7,000 point mark, at its highest level in over a year. The FTSE 100 has ended the day 44 points higher at 6983.5 points, up 0.6% today. That’s its highest close since late February last year.

Much of the FTSE 100 is multinational companies trading in a variety of markets, and 7,000 is still way down on its pre-Brexit levels. 

Of course, the FTSE is going to rise as optimism about coming out of the COVID situation increases, plus as the economy finds different ways of doing business. But still being nearly 10% on its pre-Brexit levels is hardly any selling point for Brexit. 

You'll need to try much harder, although it's not me you actually have to convince. It's all of those industries whose exports have practically been wiped out because of Brexit. :rolleyes:

Edited by Humphrey Appleby
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