Forum Message

Topic: Re:Brexit Britain becomes the world's fourth BIGGEST exporter
Posted by: Jonathan Callaway
Date/Time: 22/04/24 16:19:00

Subtext - despite Brexit not because of Brexit.  DM didn't explicitly say that but the tone (and their relief) is clear.

The fact that the UK economy is proving so resilient is obviously good news but I continue to believe our long term trade prospects will not be helped by the barriers we have created between ourselves and our nearest neighbours who are still, despite Brexit, our largest trading partners (as a bloc).

Also, those long supply lines to/from the Far East are self-evidently more vulnerable and as costs rise will tend to be inflationary.

And it should be mentioned that our trade deficit is hugely negative: the UK recorded an overall trade deficit in 2022 of £87 billion – a trade surplus in services of £144 billion was more than outweighed by a trade deficit in goods of £231 billion.

So, hold the euphoria. That trade deficit has to be paid for and it's getting bigger and bigger.


Entire Thread
TopicDate PostedPosted By
Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 10:33:00 Sue Hammond
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 12:26:00 Ivonne Holliday
      Re:Re:Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 12:35:00 Robert Wheeler
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 14:04:00 Lucille Grant
   Reply11/04/24 17:54:00 Michael Ixer
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 18:14:00 Peter Higgins
      Re:Re:Brexit Britain becomes the world's fourth BIGGEST exporter13/04/24 12:28:00 John Hawkes
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter12/04/24 16:28:00 Lisa Cottam
      Re:Re:Brexit Britain becomes the world's fourth BIGGEST exporter13/04/24 07:46:00 Ed Robinson
         Re:Re:Re:Brexit Britain becomes the world's fourth BIGGEST exporter13/04/24 09:52:00 Robert Wheeler
   Reply15/04/24 16:42:00 Michael Ixer
      Re:Reply15/04/24 16:46:00 Ivonne Holliday
   Reply19/04/24 22:12:00 Michael Ixer
      Reply19/04/24 22:56:00 Michael Ixer
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter20/04/24 08:27:00 Julia Weems
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter22/04/24 16:19:00 Jonathan Callaway
   Reply22/04/24 20:34:00 Michael Ixer
      Re:Reply23/04/24 10:30:00 Jonathan Callaway
         Re:Re:Reply23/04/24 10:41:00 Richard Carter
            Re:Re:Re:Reply23/04/24 21:25:00 Ed Robinson
   Reply23/04/24 12:10:00 Michael Ixer
   Yet another illusory Brexit "benefit"!03/05/24 08:57:00 Richard Carter

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