Brexit, the economy and house prices part 5

Rough_Justice

I see that another prominent remainer has grudgingly admitted that the UK is doing better and will continue to do better than remainers suggested prior to the referendum. Although (of course) there are still the obligatory "but's".

Britain’s economy is likely to do better in 2018 than many forecasts suggest and the benefits of global growth in the coming years will “easily dwarf” any hit from leaving the European Union, former Goldman Sachs economist Jim O‘Neill said.

“I certainly wouldn’t have thought the UK economy would be as robust as it currently seems,” O‘Neill, who also previously worked for Goldman Sachs, told the BBC.

https://uk.reuters.com/article/us-britain-eu-oneill/uk-economy-will-cope-with-brexit-hit-as-global-economy-grows-oneill-idUKKBN1FB11T

http://www.bbc.co.uk/news/business-42769090

Rinoa

fewgroats wrote: »

The EU has done wonders in making sure that most countries in Western Europe have the same levels of safety.

Same laws throughout the EU.

But some countries are safer than others.

Rough_Justice

Rinoa wrote: »

Same laws throughout the EU.

But some countries are safer than others.

Yes indeed.
Just for one example, there aren't many roll cages on the tractors where our family have their gite, nor where we visit in Greece.

Rough_Justice

Herzlos wrote: »

WTO terms is not the same as under WTO auspices.

Fancier wording is pretty much the only difference TBH.

From The Cambridge English Dictionary:

auspices noun [ plural ] uk ​ /ˈɔː.spɪ.sɪz/ us ​ /ˈɑː.spɪ.sɪz/ formal
under the auspices of sb/sth
​

with the protection or support of someone or something, especially an organization:

TBH it looks like either your education can't have been up to much or Tracey is right and you just want to try and bait someone.

Rough_Justice

He might have been only joking but I suspect there's more truth to the "It's all for effect" playing to the media from senior EU politicians that has been said before.

"Where are your cameras? joked Michel Barnier when I bumped into him the other day, "I'm a bit disappointed there aren't any."

http://www.bbc.co.uk/news/uk-politics-42778234

That aside, it's quite a down-to-earth (if slightly pro-EU as does seem to be Auntie Beeb's inclination) explanation of the state of play so far along with what we can reasonably expect this coming year.

Rough_Justice

Another interesting report in the pro-EU FT "What will the EU look like after Brexit?"
Interesting because along with their "must-have" caveats they agree:

This means that with the UK out of the bloc, the EU27 will — on average — be less productive and poorer than it is today.

Losing such a big economy — the second biggest in the bloc after Germany and accounting for 12 per cent of EU gross domestic product — will inevitably have a significant impact on the bloc as a whole.

https://www.ft.com/content/dec6968c-f6ca-11e7-8715-e94187b3017e

Nothing that we didn't already know but at last such things are beginning to be publicised more and more in UK media.

cogito

Rough_Justice wrote: »

Yes indeed.
Just for one example, there aren't many roll cages on the tractors where our family have their gite, nor where we visit in Greece.

In both countries, laws are regarded as suggestions rather than things to be obeyed.

BobQ

ukcarper wrote: »

If the EU are such good environmentalists perhaps they should enforce there own rules on the killing of birds in Southern European countries.

I find it ironic that evangelical, fanatical Brexiteers are reduced to defending our sovereign rights to allow our tourist beaches to be polluted with all kind of detritus.

Isn't their whole raison d'etre to make Britain great again?

ETA my apologies for using such non-English language

phillw

Rinoa wrote: »

But some countries are safer than others.

The UK has less deaths per employees because most people work in an office, rather than down a mine or in a factory.

ukcarper

BobQ wrote: »

I find it ironic that evangelical, fanatical Brexiteers are reduced to defending our sovereign rights to allow our tourist beaches to be polluted with all kind of detritus.

Isn't their whole raison d'etre to make Britain great again?

ETA my apologies for using such non-English language

It amazes me that some remainers try to imply that every improvement made in this country no matter how small is due to the EU.