Brexit, the economy and house prices part 5

wunferall

Oh, NOW i see why the remainers have been so vitriolic today.

Hammond: UK could reject any Brexit deal excluding financial services

https://www.theguardian.com/politics/2018/mar/07/philip-hammond-reignites-the-no-deal-brexit-argument
They see the EU continue to be belligerent and obstructive and so realise that their dreamed-of BRINO is dead in the water.

Rough_Justice

buglawton wrote: »

So Parliament will be under an obligation to obtain new trade deals elsewhere to make up the shortfall. That's why it's so important we don't join a Customs Union or any agreement that prevents 3rd party free trade deals for the UK.

On here at least the pro-remain faction don't accept that we need to be out the EU to do trade deals.
Nor do they accept that the main future global economic growth is outside the EU but the EU's share of global economy is shrinking.

cogito

Rough_Justice wrote: »

On here at least the pro-remain faction don't accept that we need to be out the EU to do trade deals.
Nor do they accept that the main future global economic growth is outside the EU but the EU's share of global economy is shrinking.

Indeed. When the UK joined the Common Market, the nine members accounted for 30% of world trade. Now with 28 members, the EU has 15% of world trade. When the UK leaves, it will be down another couple of percentage points.

That's mostly because of development of Asian manufacturing but some of it is down to the EU'S protectionism.

Thrugelmir

Lornapink wrote: »

Tusk says 'one priority for the negotiations must be to avoid any disruption of flights post-Brexit'.

Let's guess where this pressure is coming from within the EU.

Stats from the EU for 2016. From the 10 most popular routes in the EU. As a of all paasenger traffic.


1. UK to Spain 9.6%

3. UK to Germany 3.2%

4. UK to Italy 3.2%

8. UK to France 2.9%

9. UK to Eire 2.9%

That's 22.8% of all airtravel within the EU excluding the lower rank routes. Hardly insignificant. As with it is a lot of tourist trade.

Herzlos

wunferall wrote: »

A bit disingenuous that since you're talking about last year. In January this year the UK's # 5 the Mokka (awful name IMHO) is made in Spain and the # 9 the Corsa is made in Spain or Germany. They are not UK made. In February only the Mokka was top 10.
http://www.autoexpress.co.uk/best-cars/94280/best-selling-cars-in-the-uk-2018
http://www.carbuyer.co.uk/reviews/recommended/best-selling-cars
The Astra which is made in the UK has been on a bit of a decline selling 11,500 less in 2017 than in the year before and it looks like the decline continues. Warnings came in January when 1900 workers were layed off besides which the current model is due to end production 2021.
Nobody can afford to make cars that aren't selling, do you not remember the days of British Leyland and their demise?

My bad, I was looking at the first article that was for 2018. I hadn't considered where they were built either but just pointing out that they are fairly popular.

Not the Astra now though; rarely see them. That market seems to been replaced with the crossovers like the mokka. The names no worse than any other, quite a nice car though.

Herzlos

Rough_Justice wrote: »

On here at least the pro-remain faction don't accept that we need to be out the EU to do trade deals.
Nor do they accept that the main future global economic growth is outside the EU but the EU's share of global economy is shrinking.

What trade deals are we going to try and get where the eu isn't ahead of us?

Thrugelmir

Herzlos wrote: »

What trade deals are we going to try and get where the eu isn't ahead of us?

India.........

buglawton

Does that take account of the UKs sales of tourism and education services to Indians?

Thrugelmir

You've proved nothing. Other than quote trade statistics. Given Germany's export based manufacturing economy and the UK's reliance on services the differential is hardly surprising. What's the EU without Germany? Better to focus on the UK and the demands of the indigenous Indian poplulation. After all it's the future that counts. Not yesterday.

Filo25

I was under the impression that the UK was one of the major obstacles to an EU-India trade deal getting done (the UK didn't want to increase access to visas for Indian citizens)