Jump to content

Consequences of Brexit [part 7] Read first post before posting

mort

 Let me make this perfectly clear - any personal attacks will get you a suspension. The moderating team is not going to continually issue warnings. If you cannot remain civil and post within forum rules then do not bother to contribute. 

Message added by mort

Recommended Posts

1 hour ago, ANGELFIRE1 said:

Same old same old untruths, believed only by the snowflakes.

 

Angel1

What are these "bad things happening now", you omit to state them. Just fear mongering again, food for the snowflakes.

 

Angel1.

Pound crashing, foreign investment down to its lowest level in mote than a decade, economy contracting. And that's with the mere threat of a no deal.

 

I can do more if you want.

47 minutes ago, alchresearch said:

Green MP Caroline Lucas calls for all-female emergency cabinet

https://www.bbc.co.uk/news/uk-politics-49314840

 

Good old greens, guaranteed to give you a chuckle.

Bless. We've got enough on our plate as it is, let's get side tracked with something else. Besides, it absolutely rules in people like Kate hoey (nutjob) and pritti Patel (dangerous nut job - who unilaterally decides to put a salary of £36k on all immigrants wanting a job here, ruling out most nurses etc and other important skilled workers).

Share this post


Link to post
Share on other sites
26 minutes ago, tinfoilhat said:

Pound crashing, foreign investment down to its lowest level in mote than a decade, economy contracting. And that's with the mere threat of a no deal.

 

I can do more if you want.

Bless. We've got enough on our plate as it is, let's get side tracked with something else. Besides, it absolutely rules in people like Kate hoey (nutjob) and pritti Patel (dangerous nut job - who unilaterally decides to put a salary of £36k on all immigrants wanting a job here, ruling out most nurses etc and other important skilled workers).

Is it? 

 

https://economia.icaew.com/news/december-2018/foreign-investment-in-uk-highest-level

 

"Foreign investment in UK at record level. The UK remains a top destination for foreign investment, according to the Office for National Statistics (ONS), with investment increasing by 12.6% last year" 

Share this post


Link to post
Share on other sites
29 minutes ago, tinfoilhat said:

(...)

 

Bless. We've got enough on our plate as it is, let's get side tracked with something else. Besides, it absolutely rules in people like Kate hoey (nutjob) and pritti Patel (dangerous nut job - who unilaterally decides to put a salary of £36k on all immigrants wanting a job here, ruling out most nurses etc and other important skilled workers).

Well, true, but then think about the upside for Brexiters: no more low-to-medium-skilled immigrants being exploited by those dastardly EU-loving, traitorous employers, the Brexit voters can all go fruit-picking, table-waiting and OAP-wiping again! :thumbsup: 

Share this post


Link to post
Share on other sites
31 minutes ago, tinfoilhat said:

Pound crashing, foreign investment down to its lowest level in mote than a decade, economy contracting. And that's with the mere threat of a no deal.

 

I can do more if you want.

Bless. We've got enough on our plate as it is, let's get side tracked with something else. Besides, it absolutely rules in people like Kate hoey (nutjob) and pritti Patel (dangerous nut job - who unilaterally decides to put a salary of £36k on all immigrants wanting a job here, ruling out most nurses etc and other important skilled workers).

Again, I'm not sure this is true either... 

 

The only news article I can find about that are ones saying that Priti Patel has been urged by the Centre of Social Justice to increase the threshold to £36k. She hasn't 'unilaterally' decided to set that as the threshold, no decision has been made, and it's not a figure she came up with anyway. 

Share this post


Link to post
Share on other sites
Posted (edited)
17 minutes ago, Robin-H said:

Is it? 

 

https://economia.icaew.com/news/december-2018/foreign-investment-in-uk-highest-level

 

"Foreign investment in UK at record level. The UK remains a top destination for foreign investment, according to the Office for National Statistics (ONS), with investment increasing by 12.6% last year" 

December 2018 news about the 2017 figures, eh?

 

What difference could more up-to-date data make, I wonder?

Edited by L00b

Share this post


Link to post
Share on other sites
Posted (edited)
14 minutes ago, L00b said:

December 2018 news, eh?

 

What difference could the missing 2019 data make, I wonder?

I can't read that as I'm not subscribed to the Financial Times. Apparently 2017 was the last year that we have full details for - at least that I can find. 

 

https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/foreigndirectinvestmentinvolvingukcompanies/2017#fdi-flows-continued-to-be-affected-by-mergers-and-acquisitions-activity-in-2017

(Note that it says 'this is the latest release' ) 

 

Does the FT article say that total foreign investment in the UK is down to the lowest levels in more than a decade?  

Edited by Robin-H

Share this post


Link to post
Share on other sites
Posted (edited)
23 minutes ago, Robin-H said:

I can't read that as I'm not subscribed to the Financial Times. Apparently 2017 was the last year that we have full details for - at least that I can find. 

 

https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/foreigndirectinvestmentinvolvingukcompanies/2017#fdi-flows-continued-to-be-affected-by-mergers-and-acquisitions-activity-in-2017

(Note that it says 'this is the latest release' ) 

 

Does the FT article say that total foreign investment in the UK is down to the lowest levels in more than a decade?  

Than 6 years, rather than a decade. Your link is official stats, which are always released much later after consolidating all data.

 

Plenty of economists and financial journalists have been keeping real-time tabs since before the ref, and particularly since triggerring Art.50, which are all very well documented online.

 

In particular, automotive FDI in the UK is so far past on its ar*e, it's through the floor (from billions to double-digit millions: two orders of magnitude down). Brexit or not irrespective.

Edited by L00b

Share this post


Link to post
Share on other sites
Posted (edited)
53 minutes ago, Robin-H said:

that's a very specific/limited use of the word 'investment' though isn't it - that's overseas* bankers buying stocks/shares to take advantage of a devalued pound. it's not R&D, it's not infrastructure, it's not factories, it's not training, etc.  

 

(*mostly american, by those numbers, who can smell blood in the water, and the imminent prospect of a heavily one-sided trade deal)

Edited by ads36

Share this post


Link to post
Share on other sites
16 minutes ago, Robin-H said:

I can't read that as I'm not subscribed to the Financial Times. Apparently 2017 was the last year that we have full details for - at least that I can find. 

 

https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/foreigndirectinvestmentinvolvingukcompanies/2017#fdi-flows-continued-to-be-affected-by-mergers-and-acquisitions-activity-in-2017

(Note that it says 'this is the latest release' ) 

 

Does the FT article say that total foreign investment in the UK is down to the lowest levels in more than a decade?  

I read it somewhere, I'll have a look. I also read the pound has dropped https://www.express.co.uk/finance/city/1164678/pound-to-euro-exchange-rate-pound-sterling-uk-recession-GBP-sterling-GDP-figures

 

And here's the economy contracting https://www.theguardian.com/business/2019/aug/09/uk-economy-contracts-on-back-of-brexit-uncertainty

 

Maybe sunlit uplands look different to you.

 

Share this post


Link to post
Share on other sites
Just now, L00b said:

Than 6 years, rather than a decade. Your link is official stats, which are always released much later after consolidating all data.

 

Plenty of economists and financial journalists have been keeping real-time tabs, which are all very well documented online.

 

In particular, automotive FDI in the UK is so far past on its ar*e, it's through the floor (from billions to double-digit millions: two orders of magnitude down). Brexit or not irrespective.

I'd be interested in seeing some. I searched for more up to date data, but those official stats were the most recent ones I could find. 

 

I'm am sure that Brexit has caused investment into the UK to drop, but I was questioning the claim that foreign investment in the UK is down to the lowest levels in more than a decade, which even the FT article doesn't suggest is true. 

2 minutes ago, tinfoilhat said:

I read it somewhere, I'll have a look. I also read the pound has dropped https://www.express.co.uk/finance/city/1164678/pound-to-euro-exchange-rate-pound-sterling-uk-recession-GBP-sterling-GDP-figures

 

And here's the economy contracting https://www.theguardian.com/business/2019/aug/09/uk-economy-contracts-on-back-of-brexit-uncertainty

 

Maybe sunlit uplands look different to you.

 

I didn't query the other statistics. I'm a remainer, so not sure what your comment about sunny uplands is about! Just like quoted statistics to be accurate is all! 

 

I did find an article that said foreign investment into the UK is down to lowest level in a decade, but that was from 2015. 

https://www.bbc.co.uk/news/business-34996207

Share this post


Link to post
Share on other sites
2 minutes ago, Robin-H said:

I'm am sure that Brexit has caused investment into the UK to drop, but I was questioning the claim that foreign investment in the UK is down to the lowest levels in more than a decade, which even the FT article doesn't suggest is true. 

One thing that Brexit apologists can’t argue with is the fact (not opinion, not Project Fear’) that every time Brexit looks more likely the value of Sterling falls and every time Brexit looks less likely, Sterling recovers.

 

A fundamental economic metric such as the value of a country’s currency responding in such a way, shows beyond doubt that both Brexit and the fear of Brexit are bad for our economy.

Share this post


Link to post
Share on other sites
2 hours ago, L00b said:

Never as big a chuckle, as good old Nigel can produce:

(for anyone wondering, this is likely the start of the Bannon playbook's chapter, about how to handle the UK Monarchy's pivotal role in the upcoming UK constitutional crisis - can't call Lizzie and Charles traitors, without massaging public opinion about it a little bit beforehand)

After reading reading your post, it is evident you have not read the article, you have taken snippets totally out of context and posted them as fact. Get a grip, read the WHOLE article, then post it - if you dare, as it shows your post as mere diatribe.

 

Angel1.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.