After Brexit, UK Economy Now Growing Slower than EU

[Toro]

Economic growth is slowing in the UK as uncertainty delays investment decisions. The UK was consistently growing faster than the EU prior to Brexit but is now consistently growing slower. This is what the Stay side argued prior to the vote.

The Daily Shot: Despite Tight Labor Markets, Wage Growth Remains Muted

 

[Ecocertifmrl]

We saw that coming

Wonder how long it takes the brits to find a few refugee isn't that bad after all.

 

[shockedcanadian]

This is the problem when you are a weak economy with little innovation or manufacturing. England, especially London; rely on being the financial hub, that's it. It's not sustainable of course, just as Canada is a failure without American jobs and subsidies, UK is in trouble primarily without Germanys innovation.

Brexit can be successful but it takes the will of a nation to grow out of it's old ways, based on a Caste system, something very real and alive in Canada. Do the Powers that be in the UK have the desire to innovate and compete with the best and brightest?

To them Brexit is a problem as they have to compete and be ambitious rather than just shuffling money around. Trump is right to call them out, respect the Will of your citizens and embrace capitalism again.

I knew it was a mistake economically, but the EU has overstepped it's control so of course nations want to have some sovereignty and protect their borders. This is where Merkel used her global might to deny UK and others sovereignty. It will backfire in the end. Weak leaders who care little for their citizens and some, like Merkel, try and paint Trump as the bad guy meanwhile she's been pretty heavy handed for some time herself when dealing with Europe.

 

[PredFan]

Economic growth is slowing in the UK as uncertainty delays investment decisions. The UK was consistently growing faster than the EU prior to Brexit but is now consistently growing slower. This is what the Stay side argued prior to the vote.

View attachment 204464

The Daily Shot: Despite Tight Labor Markets, Wage Growth Remains Muted

Except that the UK isn't really out of the EU. Theresa May made sure of that.

 

[Stratford57]

Not after Brexit, Brexit has not happened yet. OP should have said: "With Teresa May
UK Economy Now Growing Slower than EU"

George Galloway ( who was a member of the British Parliament for nearly 30 years) who presents TV and radio shows, a film-maker, writer and a renowned orator:

It is true that Mrs. May has supported the Brexit decision by 17.4 million people, the largest vote for anything or anyone in British history, as the rope supports the hanging man. And she hopes to see it dangle to death.

It is true that her elaborately constructed 'Chequers Agreement' (Chequers is the Country House of British prime ministers) would have left Britain a Vassal State of the European Union, a rule taker forever, from a sclerotic neo-liberal protectionist bankers ramp which has impoverished half of Europe and enraged maybe most of the other half.
The UK govt is falling apart: But as PM May sinks, she still calls out 'look over there' at Russia

 

[Toro]

Bridgewater estimates that Brexit has already cost the UK 2% of GDP.

That's not surprising, given how poorly the British economy has done compared to the EU since the vote.

 

[frigidweirdo]

Economic growth is slowing in the UK as uncertainty delays investment decisions. The UK was consistently growing faster than the EU prior to Brexit but is now consistently growing slower. This is what the Stay side argued prior to the vote.

View attachment 204464

The Daily Shot: Despite Tight Labor Markets, Wage Growth Remains Muted

And if you tell the Brexiters this, they'll just call it lies.

 

[pismoe]

little i know of it the 'brexit' people wanted the 'br exit' , voted for it in your 'democracy' and are supposed to get it so whats the problem other than a few Bucks or Pounds Guys??

 

[pismoe]

Economic growth is slowing in the UK as uncertainty delays investment decisions. The UK was consistently growing faster than the EU prior to Brexit but is now consistently growing slower. This is what the Stay side argued prior to the vote.

View attachment 204464

The Daily Shot: Despite Tight Labor Markets, Wage Growth Remains Muted

And if you tell the Brexiters this, they'll just call it lies.

------------------------------------------- maybe the 'brexiters' are more concerned with things other than just money Frigid .

 

[DOTR]

Economic growth is slowing in the UK as uncertainty delays investment decisions. The UK was consistently growing faster than the EU prior to Brexit but is now consistently growing slower. This is what the Stay side argued prior to the vote.

View attachment 204464

The Daily Shot: Despite Tight Labor Markets, Wage Growth Remains Muted

The UK isnt outside the EU yet. It may never be. As in the US the left in Britian has been attacking the election results and trying to undo them since the people voted to leave. They share not only the same goals but the same methodology with leftists in the US. Hammer away with depressing news as a self fulfilling prophesy, pointing at fake polls at odds with the voting, launching delaying tactics in the courts and tying up Parliament.
What the UK is experiencing right now is the uncertainty that the voice of the people will be heard.

I read the article. It is propaganda.

And this was the prediction for the party of Brexit.

General election 2015: Britain heading for hung parliament

Ridiculously wrong..as are the polls in the article you cited. And here are the predictions for the actual Brexit vote.

 

[Tommy Tainant]

Economic growth is slowing in the UK as uncertainty delays investment decisions. The UK was consistently growing faster than the EU prior to Brexit but is now consistently growing slower. This is what the Stay side argued prior to the vote.

View attachment 204464

The Daily Shot: Despite Tight Labor Markets, Wage Growth Remains Muted

The UK isnt outside the EU yet. It may never be. As in the US the left in Britian has been attacking the election results and trying to undo them since the people voted to leave. They share not only the same goals but the same methodology with leftists in the US. Hammer away with depressing news as a self fulfilling prophesy, pointing at fake polls at odds with the voting, launching delaying tactics in the courts and tying up Parliament.
What the UK is experiencing right now is the uncertainty of the voice of the people being heard.

I read the article. It is propaganda.

And this was the prediction for the party of Brexit.

General election 2015: Britain heading for hung parliament

View attachment 204948

Ridiculously wrong..as are the polls in the article you cited. And here are the predictions for the actual Brexit vote.

View attachment 204949

 

[Tommy Tainant]

You skate over several facts.

Firstly the leave campaign was based on a parcel of lies. Chiefly the threat of increased immigration and the amount of money that would be returned to the UK to bolster our public services.
We were also told that our newly freed economy would attract foreign investment which would fir up the UK economy.
People voted on the basis of this shite.
The leave campaign also broke the funding rules boosted by Russian dirty money.

Since the vote the pound has collapsed. So now the cost of most of our food has gone up. Our cost of living hs increased and restaurant chains have collapsed as their cost of sales has increased.
Retailers who rely on imported goods have also gone to the wall. At least one major retailer a week has gone under and many of our high streets now look post apocolyptc.

The Irish border was never mentioned during the referendum but is now one of the biggest obstacles to getting a deal.If we come out there has to be a border somewhere. However both tribes have adifferent view on where it should be.They will kill each other if the border is in the "wrong" place.

No deal is worth the resumption of Irish terrorism.

We were not told that BMW,Toyota,Land Rover,Jaguar Airbus and all of the banks would be pulling out of the UK.

If the vote was re-run tomorrow there would be an overwhelming vote to stay in.

"Freedom" does not exist if you are on the dole.

 

[percysunshine]

Economic growth is slowing in the UK as uncertainty delays investment decisions. The UK was consistently growing faster than the EU prior to Brexit but is now consistently growing slower. This is what the Stay side argued prior to the vote.

View attachment 204464

The Daily Shot: Despite Tight Labor Markets, Wage Growth Remains Muted

"..as uncertainty delays investment decisions..."

So, political bureaucracy has a negative effect on economies.

I always suspected you were a small government conservative Toro...

 

[DOTR]

Bridgewater estimates that Brexit has already cost the UK 2% of GDP.

That's not surprising, given how poorly the British economy has done compared to the EU since the vote.

Ahhh...an "estimate". A little more honest.

The UK doesn't leave the EU for another year.

The UK was never part of the Eurozone. Its business cycle is NOT aligned with the Eurozone which is one reason for Sterling catastrophically crashing out of the ERM in 1992. They never tried it again.