Author Topic: Do we really care about Brexit  (Read 20824 times)

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Offline baldy

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« Reply #270 on: February 20, 2019, 11:14:09 AM »
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Offline Shizzy

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Re: Do we really care about Brexit
« Reply #271 on: February 20, 2019, 12:54:15 PM »
Must be due to Brexit..... oh forgot, only negative stuff is due to Brexit

Usually, yes.

And if you read the report all the way you would have seen this;

Analysis:
By Dharshini David, BBC economics correspondent

The jobs market remains in a robust shape despite the loss of momentum in the economy towards the end of last year - although the Brexit fog effect may be yet to register.
Continuing recent trends, the majority of those entering work were previously inactive (students, looking after home, long-term sick etc).
The demand for labour continues to bolster wage growth. Real wages increased by more than 1% per year, better on the whole than in recent years although about half the rate of the pre-crisis era.

So little sign of Brexit uncertainty hitting hiring so far - but demand in the labour market tends to lag significantly behind changes in output.




And the report lags behind current trends.

"However, the surveys deteriorated more markedly in January, so a Brexit effect might start to weaken employment growth in the next batch of official data."



Just thought I'd apply Maxi's logic. Everything is to do with Brexit, and ignore the facts. Keep repeating and it may come true :)
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Offline Shizzy

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Re: Do we really care about Brexit
« Reply #272 on: February 21, 2019, 20:42:04 PM »
BBC News - Record UK government surplus in January
http://www.bbc.co.uk/news/business-47318862

Must be to do with Brexit
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Offline Maxi

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Re: Do we really care about Brexit
« Reply #273 on: February 21, 2019, 22:29:41 PM »
From The Article Posted Above

"With the economy clearly struggling early on in 2019 after a sharp slowdown in the fourth quarter of 2018 and the Brexit situation highly uncertain, the chancellor will have a lot on his mind when he presents the Spring Statement.

"It looks highly likely that he will have to announce downgraded growth forecasts from the OBR [Office for Budget Responsibility] at least for the near term, with possible negative ramifications for expected budget deficits."

Offline Bob DeBilda

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Re: Do we really care about Brexit
« Reply #274 on: February 22, 2019, 10:33:48 AM »
BBC News - Record UK government surplus in January
http://www.bbc.co.uk/news/business-47318862

Must be to do with Brexit

If there is a surplus doesn't that mean the government has collected more tax than it has spent on services? Surely that's not right unless he reduces the tax on stuff next budget ?

Sounds like the government needs to get a decent accountant that can balance books?
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Offline Al

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Re: Do we really care about Brexit
« Reply #275 on: February 22, 2019, 10:45:16 AM »
If there is a surplus doesn't that mean the government has collected more tax than it has spent on services? Surely that's not right unless he reduces the tax on stuff next budget ?

Sounds like the government needs to get a decent accountant that can balance books?
But in previous years there has not been a surplus and the government has borrowed, so now can pay it back. Thats how book balancing works.
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Offline Shizzy

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Re: Do we really care about Brexit
« Reply #276 on: February 22, 2019, 15:59:53 PM »
https://www.bbc.co.uk/news/business-47329330

Dairy Crest, whose brands include Cathedral City cheddar and Country Life butter, has agreed to be bought by a Canadian company in a near-£1bn deal.

The deal is Saputo's first in Europe and it said Dairy Crest was an "attractive platform" for UK growth.

Clearly not concerned by Brexit, and see potential value in the company.
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Offline baldy

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Re: Do we really care about Brexit
« Reply #277 on: February 22, 2019, 17:56:55 PM »
BBC News - Record UK government surplus in January
http://www.bbc.co.uk/news/business-47318862

Must be to do with Brexit

If there is a surplus doesn't that mean the government has collected more tax than it has spent on services? Surely that's not right unless he reduces the tax on stuff next budget ?

Sounds like the government needs to get a decent accountant that can balance books?


It's not a complete surprise that a strong surplus occurs at this time of year when the annual deficit is falling to a low level per month and when the economy is still surging along with high levels of employment and when we all know that lots of tax payments are made in January.

To be honest, I would not attribute this particular good result to anything other than the economy gliding along at full employment (unaffected by BREXIT or Trump's nonsense around the world) plus tax receipts being strong (not least because of ever higher employment levels) plus the slow-moving austerity plan involving slowly reducing the annual deficit to a level where small surpluses will occur sooner or later ...
« Last Edit: February 22, 2019, 17:58:43 PM by baldy »
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Offline Maxi

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Re: Do we really care about Brexit
« Reply #278 on: February 22, 2019, 17:58:57 PM »

Offline Maxi

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Re: Do we really care about Brexit
« Reply #279 on: February 22, 2019, 18:08:34 PM »
Brexit: UK plans new product safety mark for 'no deal' scenario
The government has drawn up plans to replace the CE safety symbol on products in the event of a no-deal Brexit, the BBC has learned.
Household items such as kettles, light bulbs and toys are stamped with the letters CE.
The mark belongs to the European Union, so if Britain leaves the EU without a deal, goods will have to be stamped with a new symbol - UKCA.
Some manufacturers are concerned that such a change will be costly.
Since 1993, the CE mark has shown consumers that an item meets EU legal requirements and has been tested.
The new logo drawn up by the UK government stands for UK Conformity Assessed (UKCA).
Officials are expected to unveil the logo shortly.
"A UK mark would provide confidence to consumers and to the authorities that these products meet UK regulatory requirements," Scott Steedman of the British Standards Institution told the BBC.
"It provides flexibility for government should there be divergence of regulations to insist that manufacturers were committing to that UK regulatory practice in future," he said.
Goods made in the UK which are exported to the European Union may have to be stamped with two marks - CE for EU markets and UKCA for Great Britain and Northern Ireland.
For some products that could also mean two sets of tests, as EU nations may not recognise ones done by UK organisations.
"Products which were assessed by a UK-based notified body will need to be reassessed by an EU-recognised conformity assessment body before placing on the EU market," explained part of the government's no deal planning guidance for manufacturers.
If there is no deal, at the end of March or later, product makers will not have to adopt the new UKCA marking straight away.
It is expected that companies will be given a period of grace.
That means all the products on the shelves and in warehouses which have the CE mark on them can still be sold legally in the UK.
In a previous no-deal planning notice, the government said "goods made and assessed against EU regulatory requirements can continue to be placed on the UK market after 29 March 2019. This is intended to be for a time-limited period."
A consultation on the length of time is likely to take place.
The government insists delivering a deal remains its priority, but it is accelerating no-deal preparations to ensure businesses are prepared for the end of March.

f I were a component buyer working in Europe and was presented with a choice of the CE mark or UKCA  mark I would always buy CE as the testing standards will be constant.
How could I trust UKCA to maintain standards
.
This has all been left to the last minute by the government for british manufacturers leaving little time to prepare for this.

« Last Edit: February 22, 2019, 18:23:08 PM by Maxi »

Offline Pugwash

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Re: Do we really care about Brexit
« Reply #280 on: February 22, 2019, 19:23:39 PM »
Sometimes I despair of this country.   :(      Why do we need a UKCA   when we still have the BSI and the Kitemark?


Offline Shizzy

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Re: Do we really care about Brexit
« Reply #281 on: February 22, 2019, 19:32:21 PM »


Inaccurate, and you complain of the lies told by leavers, how ironic
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