Brexit is destroying Britain

caveman

Member
Location
East Sussex.
No litter round here, people respect their countryside. In fact Mrs lbp remarked at Auteuil there wasn't a dropped betting ticket or food wrapper , nothing. No drunks or trouble. Lots of young people and families. Great racing too.
That's all down to being too poor to buy anything to over indulge in or having any rubbish to chuck.
 

le bon paysan

Member
Livestock Farmer
Location
Limousin, France
That's all down to being too poor to buy anything to over indulge in or having any rubbish to chuck.
Trussell trust , food banks in the uk.
1654431424734.png
 

robs1

Member
I doubt you'll understand this but do take a stab at it ...
The problem with his analysis is that he thinks anyone who thinks differently to him is wrong. He says politics is about sound bites lies and disrespect of experts then calls people who have a different opinion rednecks etc . Experts have been shown to be wrong time after time, he says the standard of reporting is abysmal and it is but he thinks it's only the media he disagrees with that produce biased and misleading articles when with anyone with more than one eye knows it's all media
 
You posted a link to an article which I responded to, you obviously agreed with his point but as many seem to do didnt bother to check the source to see if the writer was biased or objective, his articles are little more than rants
just because i agree with 1 point doesnt mean i agree with everything that person has ever said, i didn't recommend the article or link it i just agreed with the point
 

Widgetone

Member
Trade
Location
Westish Suffolk

gone

Member
Location
Carlow Ireland

Britain’s growth to be slowest in developed world, OECD warns​


new
The OECD’s Laurence Boone said the UK faced a killer combination of high inflation, rising interest rates and higher taxes

The OECD’s Laurence Boone said the UK faced a killer combination of high inflation, rising interest rates and higher taxes
ANDREAS ARNOLD/GETTY IMAGES
Mehreen Khan
, Economics Editor
Wednesday June 08 2022, 11.15am BST, The Times
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Britain will have the slowest growth in the developed world next year, the Organisation for Economic Co-operation and Development (OECD) has warned, as it slashed forecasts following the outbreak of war in Ukraine.
In its first economic outlook following Russia’s invasion, the OECD forecast that UK growth would fall to 0 per cent in 2023, driven by double-digit inflation.
Growth will slow to 3.4 per cent this year from a robust expansion of 7.4 per cent in 2021, the Paris-based organisation of wealthy nations said.
Falling real household incomes will be the main driver of a slowdown in the economy, combined with fiscal and monetary policies that are turning “restrictive”, it added, as it called on the government to ease the pace of its planned fiscal consolidation, which includes raising the tax burden and slowing down on spending measures introduced during the pandemic.
The government also needs to ramp up its green investments to hit its declared target of reducing greenhouse gases to net zero by 2050, said the report.

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“The government should consider slowing fiscal consolidation to support growth,” said the OECD, adding: “The UK economy is susceptible to economic spillover effects from Russia’s invasion into Ukraine through rising energy prices and supply chain disruptions.
“Private consumption will slow as rising prices erode households’ incomes. Household savings will decline to below pre-pandemic levels, with some households taking on more debt to keep up with the rising cost of living. Inflation will continue to rise, peaking at just over 10 per cent in the fourth quarter of 2022, driven by increasing global prices of tradable goods and services due to supply bottlenecks, transportation costs and energy prices.”
Laurence Boone, chief economist of the body, said that compared to other rich countries the UK economy was battling with high inflation, rising interest rates and higher taxes. The forecast of stagnant growth comes as Boris Johnson faces increasing pressure from his cabinet to cut taxes to ease the pressure on households and save his premiership.
The OECD’s gloomy projections match those from the Bank of England, which has warned of a sluggish recovery from the economy’s inflationary spiral over the next three years. The UK economy is exposed to higher energy prices driven by the war in Ukraine and low unemployment levels that are likely to rise due to higher interest rates and a broader growth slowdown. The International Monetary Fund has also said that the UK will be the slowest growing economy among the G7 this year.

The OECD also joined other major institutions like the World Bank and the IMF in slashing its global growth forecasts for this year and next. World GDP expansion is expected to fall to 3 per cent this year, down from 5.8 per cent in 2021.
Most EU countries and the US economy will grow just above 1 per cent of GDP next year, with South Korea the best performing OECD nation expanding at a projected 2.5 per cent in 2023. China’s economic growth will drop to 4.4 per cent this year and 4.9 per cent next year, said the outlook, below the 5 per cent target set by Beijing’s communist party.
The rich-country club also called on policymakers to urgently address a growing food crisis where disruptions in grain exports from Ukraine have led to other major producers imposing export controls on vital crops.
“The outlook is sobering and the world is already paying the price for Russia’s aggression,” Boone said. “The choices made by policymakers and citizens will be crucial to determining how high that price will be and how the burden will be shared. Famine is not a price the world should pay. A longer war could worsen the humanitarian crisis.”

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The OECD expects the shadow of high inflation to persist in the next few years, with consumer prices averaging at 8.5 per cent growth in OECD countries this year and falling back to 6 per cent next year, still three times above most central bank targets. The OECD’s last forecast predicted inflation of 3 per cent next year.
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Gerard O'Neill


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  • J
    jedflorex
    2H AGO

    WHAT??? You mean Brexit Britain isn't the "world-beating, turbo-charged" country that Johnson claims it to be?
    Reply

    Recommend (101)

    • T
      Tony22
      1H AGO

      Shame ‘boosterism’ isn’t available as tradable stock. We’d be world beating on that one alone.
      Reply

      Recommend (31)

      1 reply

    • J
      Julian Bassett
      2H AGO

      Nevertheless I'm glad we're out. You Dutch are welcome to it.
      Reply

      Recommend (19)

      7 replies
    Show 2 more replies
  • C
    Christopher Greaves
    1H AGO

    Johnson is presiding over oven ready world beating failure. Every single thing he touches turns to dross. A true King Minus.
    Reply

    Recommend (50)

  • R
    Richard Edwards
    1H AGO

    Only two regions have increased their gdp since 2019. London our mega city capital, with an economy of its own. And Northern Ireland. Wonder why Northern Ireland is doing so well??? Umm.
    Reply

    Recommend (44)

    • J
      Joseph Jones
      1H AGO

      And now we have a government intent on damaging our mega capital city. The Tories are the party of economic vandalism.
      Reply

      Recommend (23)

      1 reply

    • T
      Thomas Young
      1H AGO

      The DUP hate the fact that NI is doing OK. It can't be tolerated. We need to start a trade war with the EU to stop that kind of thing.
      Reply

      Recommend (12)
    Show 1 more reply
  • E
    Edmund Jones
    1H AGO

    I am so glad that Brexit has done so much for the country - forget about growth but start weighing in pounds and ounces and perhaps counting in shillings and pence and we might reintroduce the cubit to measure length.We must be thankful th...See more
    Reply

    Recommend (38)
    • R
      Robert
      59M AGO

      I find my pint is so much tastier now it has a crown on it, and that I can drink my pint of champagne for breakfast. Though I cannot find the EU legislation that made then illegal before. Maybe I need stronger spectacles?
      Reply

      Recommend (15)

      3 replies
  • B
    Bromine
    2H AGO

    The upland's so bright, I gotta wear shades.
    Reply

    Recommend (37)

    • T
      Tarquin Buscuit-Barrel
      2H AGO

      Peril sensitive sunglasses. Can't see through mine now
      Reply

      Recommend (8)

    • J
      JustAThought
      29M AGO

      Keep your eyes peeled for your unicorn though. BJ assures me they're on their way....
      Reply

      Recommended (0)
  • M
    Moynihan
    1H AGO

    Now which country voluntarily left the largest trading block in the world? I'm sure I read about it somewhere, but for the life of me can't put my finger on the country itself.........
    Reply

    Recommend (32)
    • N
      Nicholas Halsey
      19M AGO

      if only it had remained a trading block, and resisted political and military ambitions
      Reply

      Recommended (0)

      1 reply
  • I
    Ian Vincent
    1H AGO

    I’m sure there will be those who will say Brexit isn’t to blame, but I’m not one of them. Another Brexit Bonus and as a ‘Remainer’, one that I could clearly see was likely to happen.
    Reply

    Recommend (26)
    • B
      BJL
      1H AGO

      Another forecast, that has yet to materialise. Amazing how the downsides are always forecast to happen and then get revised. Whereas what has actually happened is top-level growth last year and this year - do these count as Brexit bonuse...See more
      Reply

      Recommend (10)

      1 reply
  • J
    John Coman
    2H AGO

    Why are we the worst performing nation over and over again ?
    Reply

    Recommend (18)

    • D
      Dorset Steve
      2H AGO

      It’s all because of Brexit.
      Reply

      Recommend (24)


    • J
      Julian Bassett
      2H AGO

      On the other hand, British Muslims feel that their lives have improved over the past five years, it is reported today. That's a good thing, and it's occurred more or less since we voted to leave the EU. It must therefore be due to Brexit, ...See more
      Reply

      Recommend (9)

      2 replies
    Show 5 more replies
  • S
    Steve in Cambridge
    2H AGO

    Everything's increasingly annoying. Airports swamped; delays in Dover; airlines cancelling flights; stagflation; trains on strike; tube strikes; petrol at £1.8/litre, inflation at 11.1% (RPI) - and at the personal level, this week's challe...See more
    Reply

    Recommend (16)

    • W
      Wizard Lately
      1H AGO

      But don't mention Brexit!
      Reply

      Recommend (7)

      1 reply

    • E
      Entropy always wins
      1H AGO

      The precise details differ, but your life sounds rather similar to mine at the moment! I'm just glad I'm retired and can make time to keep pushing back.
      Reply

      Recommend (3)

      1 reply
    Show 2 more replies
  • T
    Tarquin Wilde
    1H AGO

    Brexit, the gift that keeps giving!
    Reply

    Recommend (14)

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