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There has been £15 billion of extra inward investment in the UK since EU referendum.


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Old 30-12-2016, 16:59
paulschapman
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Looking at the number of EU registered HGV's on the A1, M1 and M6 I saw over the last few weeks, presumably carrying imports I doubt that the EU will do anything that means they take a big hit on their exports when we leave. In any case many of these things could be made in this country as well as the Polish built Ro-Ro ferry I travelled on between the Scottish Islands last summer. EU regulations force member states to go for the cheapest bid but then the EU does not pay the redundancy or benefits to British workers displaced in the workplace. Why we actually pay to be a member of a club that actually destroys our manufacturing infrastructure I will never know.
You are forgetting that most of the imports from Europe come from just a handful of the remaining EU members - for the others they could not care a flying fig and everyone of the 27 members have to agree to any deal.

For example the following EU members actually buy more from us than we sell to them;

Croatia
Estonia
Bulgaria
Denmark
Malta
Luxembourg
Ireland

Ireland I suspect would not be too worried if we ended up the other 6?

The following are those countries where it is evens;

Finland
Slovania
Sweden
Cyprus

The largest negative trade balance we have is with Germany. So while it may be in the interests of Germany to conclude a favourable trade agreement - the whole thing could be shot down by the likes of Croatia and Estonia.

Also UK-EU exports are a bigger part of the UK’s economy than the EU’s - which means proportionally we have more to lose than Europe anyway.

(see https://fullfact.org/europe/uk-eu-trade/)
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Old 30-12-2016, 17:16
andykn
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For example the following EU members actually buy more from us than we sell to them;
I wish I had your sophisticated understanding of economics...
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Old 31-12-2016, 02:47
onecitizen
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hopefully further inward investment into our economy will follow in 2017 to boost the British economy even further.
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Old 31-12-2016, 08:14
i4u
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EU regulations force member states to go for the cheapest bid .....
What is that based on?

If public authorities may not discriminate against a business because it is registered in another EU country, then UK companies are free to bid and win contracts in all 26 other EU countries.

EU Rules & procedures...

Award criteria

Public authorities may use different criteria when evaluating tenders - for example they may select according to the lowest price offered or they may use other criteria.
In 5 to 10 years time I suspect you'll be on here still moaning.

I believe the service industry accounts for 80% of our exports, Professor Midford an economist for Brexit has argued to forget about goods/manufacturing in general and just concentrate on high end premium goods.

The decline in manufacturing has nothing to do with the EU, the World has moved on since the British Empire and sending out gunboats to enforce British trade.

America, which is not in the EU has faced the same issues. Closed Steel works, electronic goods & clothes made in the Far East.
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Old 31-12-2016, 09:09
Zaphodski
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Not odd if you have a rudimentary understanding of things. The FTSE is high because the pound is low. People seeing lower investment trumps a one sided article in a Tory paper with a very mixed message about supposed new investment.

Some people believe what they want to hear, others what they see going on around them.

Just because the pound is low or are some of these companies actually performing better and are hence naturally worth more regardless of currency fluctuations?

Of course currency fluctuations are viewed as positive or negative depending on whether you export / import (or are about to go on holiday).
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Old 31-12-2016, 09:19
Thiswillbefun
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The fact that Telegraph is reporting such undiluted propaganda demonstrates how serious the real underlying position is.
When an article is based on comments from Liar Fox, ID(how many deaths?)S and attempts "sexy Gove" photography, you know the propaganda straws are being clutched.
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Old 31-12-2016, 10:31
GibsonSG
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This is quite staggering considering we were told inward investment would dry up if the UK voted to leave the EU due to the uncertainty this would create.
http://www.telegraph.co.uk/news/2016...estment-since/
Well considering we haven't left yet not sure what this proves.
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