BREXIT gives NO ECONOMIC BENEFIT just £3 to £7 per person over the next 15 years And this is according to the government’s own figures. Why the feck did we Brexit? Do you know of any Brexit dividends? Please leave in the comments down below Because I don't. I do this every day and I really want to provide some positive news but there isn't any Unless you Are an EU member state.
Anyway these FTAs equates to a tiny economic boost – amounting to just 0.01 to 0.02 per cent of GDP, and less than 50p per person a year hahaha But there is a but...This pocket money It is easily dwarfed by the economic hit from leaving the EU, which the government estimates at 4 per cent of GDP...And that's over the same period.
According to analysis commissioned by top academics at the University of Sussex UK Trade Policy Observatory, the much-trumpeted FTAs “barely scratch the surface of the UK’s challenge to make up the GDP lost by leaving the EU”.
We have all heard Boris Johnson boasting of the deals creating a “new dawn” and representing “global Britain at its best” as Greta thunberg would say blah blah blah – just two of the dozens of FTA’s announced since the UK left the EU are expected to have any measurable economic impact at all.
The analysis notes that the vast majority of FTAs announced by the government – such as those with South Korea, Singapore, or Vietnam – are simply attempts to replace treaties that those countries have with the EU, which Britain previously enjoyed as a member.
“They add nothing to UK trade, and, because they are not perfect replicas, actually harm it “ said top trade economist Professor L. Alan Winters, who conducted the analysis .
Once Keir Starmer got out of hibernation status he called for Boris Johnson’s barebones Brexit trade deal with the EU to be improved so that the UK would “stop the haemorrhaging of our trade with Europe”. Sadly the leader of the Labour Party has no intention of closer alignment with the European Union And just asks for things to be improved... but there is no improving brexit... brexit is broken it is always been broken...it is written in to its DNA as broken
“The sad answer is that the government and its merry Brexiter Gammons are happy to accept the economic losses from Brexit in return for so- called sovereignty...But what they don't tell us is that with every swipe of the pen on every Free trade agreement we sign away our sovereignty….
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