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Post by OldStokie on Sept 13, 2022 18:39:38 GMT
Brexit would have worked had May and Johnson negotiated a much better deal rather than the one the ERG (a powerful extreme right-wing secret society within the Tory Party) not forced them to negotiate a hard Brexit. Brexit was won because most of those who voted for it wanted to stop the out of control immigration of Eastern Europeans flooding into the country. The EU must take their fair share of what happened. When Cameron tried to get a moratorium on that particular aspect of immigration, it was completely rejected by the EU. We had got to the point where agencies were advertising for workers solely from Eastern Bloc countries because it was cheap labour. And before we start blaming all this on the Tories, it actually began in 2004 under the Blair government when accession to the EU was opened up from 15 to 25 states. Below is a good link to what happened and it snowballed from there. Cheap labour.OS. The only element of your post I wholeheartedly agree with you is the incompetence of successive Governments Red and Blue and for a brief period a Blue/Yellow mixtureThe Article you linked and your assertion is that it was the May 2004 opening of the Borders to the 10 Eastern European Countries which joined the existing 15 Well guess what UK along with Ireland and Sweden were the only Countries that immediately opened its Borders. Germany for instance only opened them in 2011 by which time these Countries Economies had grown thus removing the imperative for migration and Germany did not see a mass influx even though it was Geographically more convenient And what were the 4 conditions of the "Free Movement Directive"? 1. A period of 3 months to find work (no automatic right to housing or benefits and deportation if not in employment by end of 3 months) have you ever heard of this rule being enforced, no me neither 2. Working as a self employed person 3. Studying (The Article you linked highlights the Industrial Scale ignoring of this without enforcement) 4. Being self-sufficient or retired The overall premise of the Article was that immigration drove down wages. Well this is easily fixed if there is a will to do it. There can only be two scenarios either a) the wage being offered is not sufficient to attract a UK worker then raise the minimum wage or b) there are insufficient UK workers to do the job no matter what the wage. A phenomenon we have seen this summer with crops being left to rot in the fields I could also contend that "Taking Back Control" may have Unintended Consequences which do precisely the opposite The UK operates its Border Controls for Air and Sea Entry exactly the same as it did before Transition ended However it no longer has access to the Schengen Information System (SIS) or Europol Database ( which includes Besides EU countries others such as Australia, New Zealand, Korea etc) in 2019 UK accessed SIS 571 Million Times How will security checks now be performed without access to Data? There has been a sharp been rise in Immigration from Albania (not an EU member but part of SIS and Europol) both legal and illegal in small boats. Anecdotally this is be speculated as being an entrenchment of criminal Gang Lords supported by henchmen (small boats) Obviously UK Security has no information on these "Legal " or illegal people On exiting EU on 1st January 2021 UK is no longer a Party to the Dublin Convention/Regulation which allows one member State to deport an Asylum Seeker back to another Member State if first entry by Asylum Seeker was from there. In 2020 Germany carried out 30,125 and France 30,054 such Deportations UK a miserable 209. Once again it is the useless Home Offices inability to properly use the levers at its disposal Far easier to blame someone else than to do your job So what has happened to Immigration since Brexit. Well its gone up 🤔 Despite Covid in the year to 30th June 2021 251,000 Non-EU Nationals arrived and 12,000 EU Nationals left UK for a net of 239,000. I dont care where people come from if they are gainfully employed and contributing to Society, but don't these figures smack of rearranging the deckchairs on the Titanic commonslibrary.parliament.uk/research-briefings/sn06077/More up to date figures published by Migration Watch show that in excess of 1 million residency visas were granted in year to 30th June 2022 of which an eye-watering almost half a million were for Students We know what your Article has to say about them and the Grey/Black Economy www.migrationwatchuk.org/news/2022/08/25/immigration-at-all-time-record-level-with-record-1-1-million-visas-issued-to-come-and-live-in-the-ukI am surprised you only agree with me in the highlighted part. I actually agree with pretty much everything you've posted. The way successive governments have policed the immigration policy is scandalous. And let's also add in mafia type gangs from Eastern Bloc countries who exploited genuine workers who wanted to come here and work. OS.
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Post by wannabee on Sept 13, 2022 19:05:23 GMT
I agreed with most of your earlier post but wholeheartedly with blaming incompetent Government If they had done their job properly Brexit may not have been a thing
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Post by toppercorner on Sept 13, 2022 21:08:13 GMT
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Post by wannabee on Sept 13, 2022 22:40:39 GMT
There are two Russian Oligarchs named in this Article Yevgeny Prigozhin
Known as "Putin Chef" for his incongruous involvement in the Restaurant Trade Also notorious for having a Private Army Wagner Group which has been controversially involved in actions in Syria, Ukraine and elsewhere Yevgeny recently had his defamation case against Bellingcat Founder Eliot Higgins thrown out in London The timing of the defamation case proved a step to far the normally non squamish London Law Firms odessa-journal.com/russian-businessmen-love-to-sue-in-london-however-local-lawyers-no-longer-want-to-work-with-them/Alexandr Babakov
Owns 22% of CSKA Moscow Football Club via his UK Company Bluecastle Enterprises Ltd registered office in Shoreditch London This was revealed by Open Democracy in March 2022
It comes after repeated warnings that the UK’s opaque company laws are ripe for abuse by those connected to Putin to stash assets. Last week, openDemocracy revealed that more than 600 British companies set up in the past year are actually being controlled from Russia.He also owns a considerable upmarket property portfolio in Kyiv Ukraine The Holding Company AED International of these properties is Registered in British Virgin Islans UK Government have continued to drag its feet to complete a promised register of ultimate ownership of these offshore Tax Havens.in light of The Panama Papers. Alexandr transferred his shares to his 23 year old daughter in 2019 who now resides in a swanky Knightsbridge Apartment www.kyivpost.com/ukraine-politics/kremlin-house-ukrainian-empire-of-top-putin-ally.html
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Post by partickpotter on Sept 14, 2022 6:37:04 GMT
Well that’s money he’s well and truly pissed away.
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Post by Huddysleftfoot on Sept 14, 2022 7:19:23 GMT
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Post by OldStokie on Sept 14, 2022 9:53:30 GMT
Just for balance... This is truly ironic. That figure quoted is a tiny fraction of what the US has spent corrupting the governments of other countries to try and gain power. They must have spent 100 times that figure trying to unseat the Castro government in Cuba. OS.
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Post by henry on Sept 14, 2022 10:23:20 GMT
UK inflation down EU inflation up Just for information.
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Post by followyoudown on Sept 14, 2022 10:28:42 GMT
Perhaps if Parliament had accepted the democratic vote, they could have spent the 2 years fine tuning stuff like this instead they tried every trick in the book to overturn the vote so its all of them rather than the vote itself. The fact is also not many european tours would last more than 90 days, he would have been able to keep his long term gig if he hadn't taken another job that used up his "allowance", that was his decision and bad luck. I missed this steaming pile of horseshit. Brexit is wank. Just accept it and move on. It’s debilitating lives and will debilitate the country even more. We had freedoms, they have been taken away by selfish people who can’t see past the end of their nose. Then have the brass balls to blame it on Europe or the people wanting to live their lives how they did with more freedoms than we’ve ever known. Brexit is a weird cult led by the older generations punishing the younger ones. It’s an absolute fucking disgrace. You probably are the expert on steaming piles of horseshit just like you are on everthing else. Nothing stopping you working in Europe, I still visit european branches with no issues if you want to go and work in europe, get a visa, get a job it works quite well all over the world..... Brexit is great we are not in the EU thats what I voted for everything else will sort itself out apart from the fpbe cry babies, just like it did when joining a trading block and the impact that had on businesses that dealt with non eu countries.
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Post by bayernoatcake on Sept 14, 2022 14:42:29 GMT
I missed this steaming pile of horseshit. Brexit is wank. Just accept it and move on. It’s debilitating lives and will debilitate the country even more. We had freedoms, they have been taken away by selfish people who can’t see past the end of their nose. Then have the brass balls to blame it on Europe or the people wanting to live their lives how they did with more freedoms than we’ve ever known. Brexit is a weird cult led by the older generations punishing the younger ones. It’s an absolute fucking disgrace. You probably are the expert on steaming piles of horseshit just like you are on everthing else. Nothing stopping you working in Europe, I still visit european branches with no issues if you want to go and work in europe, get a visa, get a job it works quite well all over the world..... Brexit is great we are not in the EU thats what I voted for everything else will sort itself out apart from the fpbe cry babies, just like it did when joining a trading block and the impact that had on businesses that dealt with non eu countries. Childish as I’d expect. It is hard to admit you’ve been conned I guess.
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Post by bayernoatcake on Sept 14, 2022 14:42:50 GMT
The EU doing the right thing
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Post by oggyoggy on Sept 15, 2022 7:59:46 GMT
Obviously this is the type of EU red tape you brexiteers want to get rid of of? This was the left wing brexit the working classes voted for? The EU represents the rich elite and brexit opposes it, that’s how it was sold. Well, yet more evidence we were completely duped and sold a massive lie.
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Post by oggyoggy on Sept 15, 2022 8:11:42 GMT
The EU doing the right thing But Bayern, we were told before the referendum that the EU represented the rich elite and to vote leave was to vote for the working classes! Surely the leave campaigners didn’t lie? Surely they weren’t just protecting their own multi-millionaire interest? It’s not possible that the likes of you, me and others who warned about this could possibly be correct!
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Post by mrcoke on Sept 15, 2022 8:52:34 GMT
Obviously this is the type of EU red tape you brexiteers want to get rid of of? This was the left wing brexit the working classes voted for? The EU represents the rich elite and brexit opposes it, that’s how it was sold. Well, yet more evidence we were completely duped and sold a massive lie. The proposal is aimed to attract the world's top talent to London. It is intended to counterbalance the French policy of a low tax on high incomes to attract talent to Paris: news.sky.com/story/chancellor-may-scrap-cap-on-bankers-bonuses-to-boost-citys-competitiveness-12697717
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Post by Seymour Beaver on Sept 15, 2022 9:04:38 GMT
Obviously this is the type of EU red tape you brexiteers want to get rid of of? This was the left wing brexit the working classes voted for? The EU represents the rich elite and brexit opposes it, that’s how it was sold. Well, yet more evidence we were completely duped and sold a massive lie. The proposal is aimed to attract the world's top talent to London. It is intended to counterbalance the French policy of a low tax on high incomes to attract talent to Paris: news.sky.com/story/chancellor-may-scrap-cap-on-bankers-bonuses-to-boost-citys-competitiveness-12697717Top talent for what? An ultra bonus culture in banking usually just means wide boys in expensive suits taking even bigger risks with other people's money. I've not yet seen anything to suggest anyone's costed what this would actually be worth to the wider population - just seems idealogical Brexit cobblers 'we will because now we can"
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Post by wannabee on Sept 15, 2022 9:28:57 GMT
UK inflation down EU inflation up Just for information. Could you post a link to this information?
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Post by Seymour Beaver on Sept 15, 2022 9:33:52 GMT
UK inflation down EU inflation up Just for information. Could you post a link to this information? July figures Eurozone inflation 8.9% EU inflation 9.8% Uk inflation 9.9%
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Post by followyoudown on Sept 15, 2022 9:35:14 GMT
You probably are the expert on steaming piles of horseshit just like you are on everthing else. Nothing stopping you working in Europe, I still visit european branches with no issues if you want to go and work in europe, get a visa, get a job it works quite well all over the world..... Brexit is great we are not in the EU thats what I voted for everything else will sort itself out apart from the fpbe cry babies, just like it did when joining a trading block and the impact that had on businesses that dealt with non eu countries. Childish as I’d expect. It is hard to admit you’ve been conned I guess. I voted to leave the EU we left I feel remarkably unconned. You were the one crying about freedoms lost I just pointed out how it is still very easy to travel and work in the EU.
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Post by oggyoggy on Sept 15, 2022 9:41:43 GMT
Obviously this is the type of EU red tape you brexiteers want to get rid of of? This was the left wing brexit the working classes voted for? The EU represents the rich elite and brexit opposes it, that’s how it was sold. Well, yet more evidence we were completely duped and sold a massive lie. The proposal is aimed to attract the world's top talent to London. It is intended to counterbalance the French policy of a low tax on high incomes to attract talent to Paris: news.sky.com/story/chancellor-may-scrap-cap-on-bankers-bonuses-to-boost-citys-competitiveness-12697717I guess the City of London is an area that really needs focusing on. Much more so than many parts of the north east, and west midlands, where salaries and opportunities far outweigh those in the City. Levelling up.
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Post by wannabee on Sept 15, 2022 9:47:33 GMT
Could you post a link to this information? July figures Eurozone inflation 8.9% EU inflation 9.8% Uk inflation 9.9% So Henry was bringing us "Fake News" who would have thunk it Of course these EU figures are averages and being inflated by Lithuania, Latvia and Estonia with inflation above 20% Strangely these places are quite close to a War Zone The 3 biggest Economies in EU Germany, France and Italy are well below these averages
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Post by Seymour Beaver on Sept 15, 2022 9:50:12 GMT
July figures Eurozone inflation 8.9% EU inflation 9.8% Uk inflation 9.9% So Henry was bringing us "Fake News" who would have thunk it Of course these EU figures are averages and being inflated by Lithuania, Latvia and Estonia with inflation above 20% Strangely these places are quite close to a War Zone The 3 biggest Economies in EU Germany, France and Italy are well below these averages To be fair he wasn't. EU figures are up 0.2% from the previous month, UK figures were down 0.2%. I just thought I'd help him by providing the context he omitted.
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Post by henry on Sept 15, 2022 11:05:41 GMT
July figures Eurozone inflation 8.9% EU inflation 9.8% Uk inflation 9.9% So Henry was bringing us "Fake News" who would have thunk it Of course these EU figures are averages and being inflated by Lithuania, Latvia and Estonia with inflation above 20% Strangely these places are quite close to a War Zone The 3 biggest Economies in EU Germany, France and Italy are well below these averages Where was my fake news ?
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Post by wannabee on Sept 15, 2022 11:45:48 GMT
So Henry was bringing us "Fake News" who would have thunk it Of course these EU figures are averages and being inflated by Lithuania, Latvia and Estonia with inflation above 20% Strangely these places are quite close to a War Zone The 3 biggest Economies in EU Germany, France and Italy are well below these averages Where was my fake news ? Well it depends on how you measure your Inflation Henry At the moment its like measuring a tallest Dwarf Competition with no great news in UK or EU The generally accepted best measure is the Consumer Price Index CPI Unfortunately in UK in July it increased by 0.6% from 8.2% to 8.8% www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/july2022Hope this helps
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Post by henry on Sept 15, 2022 11:50:40 GMT
I use official inflation figures, do you go it alone? What’s a dwarf? Do you mean small person?
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Post by mrcoke on Sept 15, 2022 11:55:23 GMT
July figures Eurozone inflation 8.9% EU inflation 9.8% Uk inflation 9.9% So Henry was bringing us "Fake News" who would have thunk it Of course these EU figures are averages and being inflated by Lithuania, Latvia and Estonia with inflation above 20% Strangely these places are quite close to a War Zone The 3 biggest Economies in EU Germany, France and Italy are well below these averages Correct, but 1. Beaver's numbers are not quite correct: July figures Eurozone inflation 8.9% EU inflation 9.8% UK inflation 9.9% - that is the latest figure for August, July was 10.1% 2. Why is this topic considered a Brexit issue? Many European governments have taken far greater action than the UK government to curb inflation. France capped electricity charges to domestic and business users many months ago: www.theguardian.com/business/2022/jan/14/france-edf-cap-household-energy-billsGermany slashed tax on petrol and diesel for 3 months: www.bloomberg.com/news/articles/2022-03-24/germany-to-cut-fuel-tax-to-help-ease-burden-of-energy-pricesGermany also slashed travel charges: www.theguardian.com/world/2022/may/20/germany-public-transport-boost-9-euro-month-ticketUK inflation is higher because of UK government inaction on inflation not because of Brexit. Up until Truss's recent announcement to cap energy prices, the focus of the last government was assistance for the poor and a promise of £400 off bills. But rising energy costs due to the war has forced them to change policy and help everyone, which many will say is too little too late. Blame the government for inflation, not Brexit. Plus: France have the lowest inflation of the major economies because they depend heavily (70%) on nuclear power and are far less affected by the world gas price. Whereas the UK generates half its electricity with gas - the penalty for getting rid of coal fired power stations and not building nuclear plants. France's policy was correct, although they are now in a pickle because all their atomic power stations are getting old. Germany have engaged in a policy of scrapping nuclear power stations and increasing dependence on Russia for gas. Could Nord Stream 2 being the biggest white elephant in history? 3. Economies closer to the war zone are more impacted by inflation, but the UK August inflation rate of 9.9% is less than Belgium 9.94%, Greece 11.4%, The Netherlands 12%, and Spain 10.5%. So inflation is not a Brexit issue. tradingeconomics.com/country-list/inflation-rate-?continent=europe4. There are many factors that impact on inflation. Currently the cost of energy is the big driver, which explains why the UK's inflation dropped in August due to petrol prices dropping. But other factors include housing, where UK house prices have been rising rapidly, contrary to what we were told by project fear that house prices would collapse if we voted Leave. The main concern of course is food price inflation. UK food inflation in August was 13.1%, which the media have been shouting from the roof tops. But elsewhere (ignoring Eastern Europe): Denmark 15.9%, Greece 13.2%, Portugal 15.3%, Spain 13.75%, Sweden 14%. So food inflation is not a Brexit issue either. tradingeconomics.com/country-list/food-inflation?continent=europe
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Post by knype on Sept 15, 2022 12:03:13 GMT
So Henry was bringing us "Fake News" who would have thunk it Of course these EU figures are averages and being inflated by Lithuania, Latvia and Estonia with inflation above 20% Strangely these places are quite close to a War Zone The 3 biggest Economies in EU Germany, France and Italy are well below these averages Correct, but 1. Beaver's numbers are not quite correct: July figures Eurozone inflation 8.9% EU inflation 9.8% UK inflation 9.9% - that is the latest figure for August, July was 10.1% 2. Why is this topic considered a Brexit issue? Many European governments have taken far greater action than the UK government to curb inflation. France capped electricity charges to domestic and business users many months ago: www.theguardian.com/business/2022/jan/14/france-edf-cap-household-energy-billsGermany slashed tax on petrol and diesel for 3 months: www.bloomberg.com/news/articles/2022-03-24/germany-to-cut-fuel-tax-to-help-ease-burden-of-energy-pricesGermany also slashed travel charges: www.theguardian.com/world/2022/may/20/germany-public-transport-boost-9-euro-month-ticketUK inflation is higher because of UK government inaction on inflation not because of Brexit. Up until Truss's recent announcement to cap energy prices, the focus of the last government was assistance for the poor and a promise of £400 off bills. But rising energy costs due to the war has forced them to change policy and help everyone, which many will say is too little too late. Blame the government for inflation, not Brexit. Plus: France have the lowest inflation of the major economies because they depend heavily (70%) on nuclear power and are far less affected by the world gas price. Whereas the UK generates half its electricity with gas - the penalty for getting rid of coal fired power stations and not building nuclear plants. France's policy was correct, although they are now in a pickle because all their atomic power stations are getting old. Germany have engaged in a policy of scrapping nuclear power stations and increasing dependence on Russia for gas. Could Nord Stream 2 being the biggest white elephant in history? 3. Economies closer to the war zone are more impacted by inflation, but the UK August inflation rate of 9.9% is less than Belgium 9.94%, Greece 11.4%, The Netherlands 12%, and Spain 10.5%. So inflation is not a Brexit issue. tradingeconomics.com/country-list/inflation-rate-?continent=europe4. There are many factors that impact on inflation. Currently the cost of energy is the big driver, which explains why the UK's inflation dropped in August due to petrol prices dropping. But other factors include housing, where UK house prices have been rising rapidly, contrary to what we were told by project fear that house prices would collapse if we voted Leave. The main concern of course is food price inflation. UK food inflation in August was 13.1%, which the media have been shouting from the roof tops. But elsewhere (ignoring Eastern Europe): Denmark 15.9%, Greece 13.2%, Portugal 15.3%, Spain 13.75%, Sweden 14%. So food inflation is not a Brexit issue either. tradingeconomics.com/country-list/food-inflation?continent=europeCome on now,you should know how it goes on here, if it's anything bad in the UK it's down to the Tories, Brexit or the Royals, if it's anything bad in Europe then it's swept under the carpet
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Post by wannabee on Sept 15, 2022 12:51:22 GMT
I use official inflation figures, do you go it alone? What’s a dwarf? Do you mean small person? Do you not trust His Majesty's Figures which I linked for you?
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Post by wannabee on Sept 15, 2022 13:00:28 GMT
So Henry was bringing us "Fake News" who would have thunk it Of course these EU figures are averages and being inflated by Lithuania, Latvia and Estonia with inflation above 20% Strangely these places are quite close to a War Zone The 3 biggest Economies in EU Germany, France and Italy are well below these averages Correct, but 1. Beaver's numbers are not quite correct: July figures Eurozone inflation 8.9% EU inflation 9.8% UK inflation 9.9% - that is the latest figure for August, July was 10.1% 2. Why is this topic considered a Brexit issue? Many European governments have taken far greater action than the UK government to curb inflation. France capped electricity charges to domestic and business users many months ago: www.theguardian.com/business/2022/jan/14/france-edf-cap-household-energy-billsGermany slashed tax on petrol and diesel for 3 months: www.bloomberg.com/news/articles/2022-03-24/germany-to-cut-fuel-tax-to-help-ease-burden-of-energy-pricesGermany also slashed travel charges: www.theguardian.com/world/2022/may/20/germany-public-transport-boost-9-euro-month-ticketUK inflation is higher because of UK government inaction on inflation not because of Brexit. Up until Truss's recent announcement to cap energy prices, the focus of the last government was assistance for the poor and a promise of £400 off bills. But rising energy costs due to the war has forced them to change policy and help everyone, which many will say is too little too late. Blame the government for inflation, not Brexit. Plus: France have the lowest inflation of the major economies because they depend heavily (70%) on nuclear power and are far less affected by the world gas price. Whereas the UK generates half its electricity with gas - the penalty for getting rid of coal fired power stations and not building nuclear plants. France's policy was correct, although they are now in a pickle because all their atomic power stations are getting old. Germany have engaged in a policy of scrapping nuclear power stations and increasing dependence on Russia for gas. Could Nord Stream 2 being the biggest white elephant in history? 3. Economies closer to the war zone are more impacted by inflation, but the UK August inflation rate of 9.9% is less than Belgium 9.94%, Greece 11.4%, The Netherlands 12%, and Spain 10.5%. So inflation is not a Brexit issue. tradingeconomics.com/country-list/inflation-rate-?continent=europe4. There are many factors that impact on inflation. Currently the cost of energy is the big driver, which explains why the UK's inflation dropped in August due to petrol prices dropping. But other factors include housing, where UK house prices have been rising rapidly, contrary to what we were told by project fear that house prices would collapse if we voted Leave. The main concern of course is food price inflation. UK food inflation in August was 13.1%, which the media have been shouting from the roof tops. But elsewhere (ignoring Eastern Europe): Denmark 15.9%, Greece 13.2%, Portugal 15.3%, Spain 13.75%, Sweden 14%. So food inflation is not a Brexit issue either. tradingeconomics.com/country-list/food-inflation?continent=europeI responded to a post on this thread I agree the situation in UK could be a lot better if previous and current Governments had taken different actions I don't doubt your figures but I have no desire to very them The figures are terrible everywhere The reasons why they are terrible is varied In my opinion Brexit is part of the reason How big a part in unquantifiable and accept others may disagree
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Post by foghornsgleghorn on Sept 15, 2022 16:45:48 GMT
Brexit adding to energy bills: www.ft.com/content/19616e10...egmentID=ba5c37f3-1ef2-1603-ca72-c26f292ab7dbIt's behind the paywall but basically UK energy wholesalers now have to bid on a spot market for surplus energy generated in the EU -it added £250m to UK electricity bills in 2021 and is expected to add another £440m by the end of this year. Another example of Brexit not being the dominant factor but seemingly playing its part to make things that little bit worse.
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Post by wannabee on Sept 15, 2022 22:37:17 GMT
Brexit adding to energy bills: www.ft.com/content/19616e10...egmentID=ba5c37f3-1ef2-1603-ca72-c26f292ab7dbIt's behind the paywall but basically UK energy wholesalers now have to bid on a spot market for surplus energy generated in the EU -it added £250m to UK electricity bills in 2021 and is expected to add another £440m by the end of this year. Another example of Brexit not being the dominant factor but seemingly playing its part to make things that little bit worse. It is more a series of I'll advised Government decisions which make the UK Energy Supply vulnerable rather than one single event The first mistake was closing Rough the UKs largest Gas Storage Facility in the North Sea in 2017. The decision was taken by Liz Truss as a cost saving measure as the Facility was in need of urgent repair. Sometimes Security outweighs Cost After Rough's closure UK had only 1% of Europe's Gas Storage Capacity Netherlands by contrast has 9% and Germany 16% Therefore with limited Storage Capacity UK must replenish its supply more frequently on the Spot Market This can sometimes work in your favour but it is a high risk strategy A further irony is that due to Ukraine War EU is looking at alternative suppliers of Gas. This is largely coming from Qatar in the form of LNG. This LNG is then being converted to Natural Gas at South Hook in Wales where it is then sent via interconnectors to Netherlands Belgium and Ireland. UK without storage capacity cannot take advantage of this. Some on this MB claim this as a Brexit Bonus as it artificially inflates the value of Exports to EU The final poor decision was UK voluntarily leaving the Internal Energy Market IEM at end of Transition Period. The IEM tends to flatten Energy Prices via Pooling so you have a more even price. It can happen that by buying on Spot you get a better price but without storage you are forced into the market and be caught with your pants down without options other than to turn the lights off.
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