The recent announcement of a trade deal with Australia has an estimated economic benefit of £400 million per year.
This compares to the £2 billion quarterly fall in UK food and drink exports to the EU immediately following Brexit
(source: Private Eye Number Crunching)
Why should the UK fret about selling food and drink to EU countries?What's not sold there can be sold elsewhere and if it's not it can be sold here to avoid having to import foodstuffs from the EU. It's part of realigning the UK's economic model and that process won't have been completed in six months. The big bucks are to be made selling to the 92% of the world's population that do not live in the EU.
//The big bucks are to be made selling to the 92% of the world's population that do not live in the EU.//
Yes, that'll be all the countries that we already had deals with by virtue of our membership of the EU. Now we have to negotiate individuals with them all.
thechair, quote/ In 2018 the UK abatement was £4.5 billion. This means £15.5 billion was transferred from the UK government to the EU in official payments yearly, and thye still shafted us on fishing, we imported more then we exported, so who had the better deal.
I wonder how long people like hymie will be harping on about things that are changing in this country post brexit! We left because we wanted change, geddit??
TTT 10.49 No, Brexit is not a representation of change but a clear reversal of change. Membership of the EEC/EU was resisted/campaigned against, from before it happened and right through its duration, by those who eventually brought Brexit about. It was the rejection of the change from a gloriously free average Britain to an average member of the EU that was reversed by Brexit. The belief of brexiteers is that the United Kingdom will now sail on through life to better and better times (at least as good as 100-150 years ago) that spurs them on. Their attitude includes the view that the UK should have taken over the EU (this attitude was quite clear in public commentary in the media when the UK was granted membership) as its rightful leader - that it wasn't allowed was something that so critically strengthened the resolve of those who engineered Brexit.
Are you still minting anti-British medals ? Can I have another please ?
well Karl, dunno where you got the idea that anyone wanted the UK to assimilate the EUSSR. We went into the EEC for good reasons as far as I can see and I would have voted yes in 1975 because it was a good thing to have cooperation and trading agreements, still is. I'd have been happy to stay as the EEC had it not morphed into its current state. I and many others wanted to leave the creeping federalisation and centralisation that is the psuedo communist EUSSR. I don't think that reverting to our pre EEC status is the undoing of change we are not reverting back to how we were in 1973. Many things have moved on not least of which is the magical transformation of our nation by TGL in the eighties. I have never given out medals for anti Britishness,
And to add, Peter, the reason we sell a lot to the EU is because that organisation made it somewhat difficult to trade elsewhere. The EU dictated the terms on which non-EU trade was conducted and those terms were often not in the UK's best interests. The EU's policies are based on protectionism for its members. The problem is they cannot protect all the members equally and some ended up with more protection than others.
The challenge is to find willing buyers that provide as good or better net benefit. Hope springs eternal, but will it provide tomorrow's dinner ?
PP 11.38 ;)
Why shouldn't a private commercial company set its prices as it wishes? The market will decide whether the change is sustainable or not. If all suppliers do the same (as I imagine they eventually will) then that's that. Why should governments (or the EU) determine what prices can be charged for a particular service?
The EU requires telephone service providers to factor in that they shall not charge for roaming. After that the providers price their services as they like - the EU does not dictate any part of the pricing, just what the service must include in the price. It's like saying that a flight ticket must include check-in in the price (cf Ryanair).