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#DespiteBrexit

Discussion in 'General Chit Chat' started by Markham, Dec 19, 2016.

  1. Markham
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    Markham Guest

    This topic highlights the good news that is attributable to our decision to leave the EU which fly in the face of the doom-and-gloom predictions from the Remoaners who continuously claim that Brexit is bad for Britain and that we're all uneducated idiots for voting for it.

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    • In September Pricewaterhouse Coopers predicted that Britain's GDP is expected to rise by 1.8 per cent this year which would add an estimated £5 billion to the value of goods and services produced in Britain. Meanwhile, European Central Bank president Mario Draghi said he expects the economic recovery of the eurozone to be "dampened". His outlook suggests Brexit will have more of a long-term impact on the EU rather than Britain itself.
    • Apple announced it is to spend £9 billion on creating a new technology headquarters at Battersea Power Station where it will base 1,400 staff.
    • Figures published by the Office of National Statistics in November show that unemployment fell by 37,000 in the three months to September. (Before the Referendum, the Treasury was predicting "a vote to leave would represent an immediate and profound shock to our economy. That shock would push our economy into a recession and lead to an increase in unemployment of around 500,000".)
    • Also in November the US financial services firm Synechron surveyed executives at British banks and found that they believe London will still be the financial centre of Europe in five years’ time. (This after the Remain campaign guaranteed that banks would leave the UK in their droves.)
    • Google delivered a vote of confidence in Brexit Britain by confirming it will establish a new headquarters in the UK, creating 3,000 news jobs investing and £1 billion in the UK economy.
    • Towards the end of November, Facebook confirmed its commitment to add 500 skilled jobs to its London workforce today as part of a plan to expand its British headquarters from 4,000 to 7,000 employees within the next four years.
    • Four of China’s biggest banks have given the go ahead to finance a £1.7 billion ‘second Canary Wharf’ for Asian business on a derelict old East End dock. Chinese investors are also on track to sink £4 billion into London property this year.
    • On December 1, the Bank of England said that mortgage approvals are now at the highest rate since March.
    • Four days later, the Society of Motor Manufacturers and Traders announced that new car sales are set to reach a record high this year: Registrations rose by 2.9 percent to 184,101 vehicles last month. Reuters reports "It is the first time the industry has sold more than 2.5 million vehicles in the first eleven months of the year, putting it on track to beat the 2.63 million sold last year, despite uncertainty created by Britain’s vote to leave the European Union."
    • In early December, The Times reported that Britain will be the fastest growing economy in the G7 and beat Bank of England forecasts with 0.5% economic growth in the final quarter of 2016. A survey of businesses showed the service sector had its best month since January.
    • New retail sales figures from British Retail Consortium report that sales rose by 1.3% in November, Barclaycard said that consumer spending rose 5.1% last month, the second highest rate since the survey began.
    • The German supermarket giant, Lidl, which currently operates 640 stores in the UK, announced today that it is to invest £1.5 billion over three years on expanding its store and logistics network to 1,500 stores despite Brexit. Earlier this month, Lidl announced it is to develop a new £70 million distribution centre in Doncaster, South Yorkshire.
    • The CBI predicts that Britain's science and technology industries are expected to lead another leap in hiring next year, in another vote of confidence in the economy.
    • South Korea, Australia, New Zealand, Norway, China, India and and the six members of the Gulf Cooperation Council have all agreed to strike new trade links after Brexit.
    • The British Tourist industry is celebrating a boom due to the drop in the value of Sterling following the Brexit vote.
    Brexit: putting "Great" back into Britain!
  2. DJB
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    DJB Active Member

    Nothing new there, nothing concrete, all talk and conjecture.

    Would love to see half of the above happen and nothing would then give me greater pleasure than to say I was wrong.

    At this moment in time.... living for today... well you know the rest, no need for me to harp on.
  3. Timmers
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    Timmers Well-Known Member Trusted Member

    I was listening to Vince Cable on the Daily Politics show today and even he was sounding a little more upbeat about Brexit stating some cases where the UK would benefit from not being in the EU, I thought to myself "I bet he gets a bollocking from Fallon" for being so positive about Brexit.

    The Remoaners are just longing for bad news so they can say I told you so, there is bound to be some bad economical news ahead because of Brexit we all know that but in the long run it will all be worth it, that's just my opinion of course :)
    • Agree Agree x 1
  4. Markham
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    Markham Guest

    "All talk and conjecture"?? I'm afraid not! These are all either concrete facts, decisions made or minds changed which affect the Country's economy.

    I challenge you to produce a similar list of instances which have had a negative effect on the country's economy since the Brexit vote. I'll start you off:
    • (Oh! You know what? I can't find one! :p)
  5. Timmers
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    Timmers Well-Known Member Trusted Member

    I'm sure our friend Andrew will come up with something :)
  6. DaDoRonRonRon
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    DaDoRonRonRon DaJohnJohnJohn

    Of course.
  7. Markham
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    Markham Guest

    I doubt he will on the economy - other than the inflationary effect caused by the rising cost of imports due to the drop in the value of Sterling. But he may well find one or two aspects that will affect us on a more personal level. For example, the drop in the value of Sterling hits anyone in the UK who needs to remit monies abroad and - for those of us with UK-based income or assets - we're getting fewer Euros/Pesos/Dollars for our Pounds. I view that as short-term pain for long-term gain.
  8. DaDoRonRonRon
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    DaDoRonRonRon DaJohnJohnJohn

    It does not matter if the economy benefits or not, from Brexit. The main thing is, lads, is that we get our country back and stop this freedom of movement.
    • Agree Agree x 1
  9. Timmers
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    Timmers Well-Known Member Trusted Member

    Rest assured, Andrew will come up with something, even if its only about the EU toilet attendant having been sent home because of Brexit at his Gentlemen's club :)
    Last edited: Dec 19, 2016
  10. Timmers
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    Timmers Well-Known Member Trusted Member

    I agree, like millions of others my vote was all about stopping freedom of movement from the EU, what happens to the economy is not one of my concerns, but having said that I believe British business will weather any storms that come their way.
  11. DaDoRonRonRon
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    DaDoRonRonRon DaJohnJohnJohn

    That is good news. Malta is leaving the EU now!
  12. Markham
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    Markham Guest

    Erm, no it isn't - although there is a growing wave of deep discontent in the EU by many in the country. I am British and my country is the UK - as a Union - hence "our"; that's despite the fact I'm currently hanging my hat in warmer Maltese climes.

    Malta aims to get as much as it can from the EU but it doesn't try too hard at implementing Brussels' many stupid diktats. The excellent road network, the ports, the airport and the burgeoning tourist industry have all benefitted from Brussels' largesse. But not the Gozo ferry on which both Gozo and Malta depend heavily, there being no airport on Gozo. Brussels refuses to designate the link as an "essential service" - which it certainly is - and consequently it's not entitled to any funding or assistance.
  13. DaDoRonRonRon
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    DaDoRonRonRon DaJohnJohnJohn

    Oh, so you are a bit like me then? Voted for Brexit but opt to live in another EU country. Very good. I do not feel so bad now.
  14. Markham
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    Markham Guest

    I don't know about you but I voted for the option that I felt was best for my children. I figured that personal considerations should take second place; if my country thrives, then so will my children.

    There are quite a few British-Filipino couples in Malta. Some use the place as a staging point for the "Surinder Singh Route" to the UK whilst others, mainly on Gozo, prefer to live here and do so on a full-time basis. My wife and I fall into the second category as do several of our friends who, unlike me I'm retired, are all working. From conversations I have had, it does appear that Brexit is not an unpopular decision by the British resident contingent many of whom will have voted that way in the Referendum.
  15. DaDoRonRonRon
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    DaDoRonRonRon DaJohnJohnJohn

    WOW. It has all gone quiet on Brexit. Game set and match to the Brexiteers.
  16. Timmers
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    Timmers Well-Known Member Trusted Member

    Just a short lull in the fighting :)

    There is no match here for the Brexiteers
  17. DJB
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    DJB Active Member

    Its not that mate its just difficult to educate the great unwashed :D
    • Agree Agree x 1
  18. Timmers
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    Timmers Well-Known Member Trusted Member

    A bit late to educate us, we're the winners :)
  19. DaDoRonRonRon
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    DaDoRonRonRon DaJohnJohnJohn

    We scored one more than you...... And that constitutes a win. Vindaloo, vindaloo...
  20. DJB
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    DJB Active Member

    You absolutely sure about that ??

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