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Uk Exports to the EU soar by 58. 8 %
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The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
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"The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU"
Sounds like an unbiased report to me |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
"
The Daily Express. Lol |
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By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
"
Probably driven by energy
But before we pull this apart, is it a good or a bad thing that there's a trade deficit. And if it's bad, I'm assuming the bigger the number as a percentage of GDP, the worse ? |
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By *eroy1000Man
over a year ago
milton keynes |
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
"
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come |
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By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come"
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks "
Which in itself is interesting.
People will study this period of history and ask "why did they vote to make themselves poorer and to remove their freedoms".
Maybe they will find the answers here.
 |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks "
An interesting comment but you make no attempt to dispute the facts as reported or supply an alternative version. Maybe the truth hurts. |
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"New research by Facts4EU.Org and CIBUK.Org"
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation. |
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By *ackal1Couple
over a year ago
Manchester |
"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation."
This every time . Funny as f**k . Thanks |
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By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks An interesting comment but you make no attempt to dispute the facts as reported or supply an alternative version. Maybe the truth hurts. "
the stats may be true. But the story given to them is up for debate.
It suggests going from a surplus to deficit is bad.
Do you agree ? |
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By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks An interesting comment but you make no attempt to dispute the facts as reported or supply an alternative version. Maybe the truth hurts. "
They aren’t facts, it is utter horse shit |
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"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation."
It seems that some posters do not like facts with which they do not agree . It would be quite easy to check the facts as published instead of attempting to poke fun at the article. |
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By (user no longer on site)
over a year ago
|
"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation. It seems that some posters do not like facts with which they do not agree . It would be quite easy to check the facts as published instead of attempting to poke fun at the article. "
I read a report from Mike Take (Micky to his friends) head of TUSI who states that the Brexit is shit and Express is a ‘shite lying ‘ newspaper . |
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By *ackal1Couple
over a year ago
Manchester |
"I’m just going to stock up on popcorn and sit patiently waiting for the good times to roll as promised by Pat. Wonder how long we need to keep this thread open to achieve that?"
Hope you have room for that articulated truck full of popcorn.  |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks "
I thought it didn’t stack up. I don’t know of a single UK business that has not been adversely impacted by Brexit |
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By *irldnCouple
over a year ago
Brighton |
"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation. It seems that some posters do not like facts with which they do not agree . It would be quite easy to check the facts as published instead of attempting to poke fun at the article. "
Just checking when they say...
“Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year.”
So that would be in comparison to the period during the height of the Covid pandemic right?
How do the figures stack up to the same period 3yrs ago? 5yrs ago? 10yrs ago? That would make the stats meaningful. With the pandemic all bets were off. |
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By (user no longer on site)
over a year ago
|
"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation. It seems that some posters do not like facts with which they do not agree . It would be quite easy to check the facts as published instead of attempting to poke fun at the article.
Just checking when they say...
“Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year.”
So that would be in comparison to the period during the height of the Covid pandemic right?
How do the figures stack up to the same period 3yrs ago? 5yrs ago? 10yrs ago? That would make the stats meaningful. With the pandemic all bets were off."
Don’t baffle Pat with facts, he is only just getting over Boris being ousted |
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By *ackal1Couple
over a year ago
Manchester |
"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation. It seems that some posters do not like facts with which they do not agree . It would be quite easy to check the facts as published instead of attempting to poke fun at the article.
Just checking when they say...
“Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year.”
So that would be in comparison to the period during the height of the Covid pandemic right?
How do the figures stack up to the same period 3yrs ago? 5yrs ago? 10yrs ago? That would make the stats meaningful. With the pandemic all bets were off.
Don’t baffle Pat with facts, he is only just getting over Boris being ousted "
Can you go political cold Turkey?
They must be awful sweats and shakes!
“Boris don’t leave me alone!! I need your bullshit!! I can’t handle the truth!! “  |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks An interesting comment but you make no attempt to dispute the facts as reported or supply an alternative version. Maybe the truth hurts.
They aren’t facts, it is utter horse shit "
"Utter horseshit" hurts. People believed it, and voted for brexit which hurts everyone of us.
Maybe we should change the saying. |
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By *irldnCouple
over a year ago
Brighton |
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks An interesting comment but you make no attempt to dispute the facts as reported or supply an alternative version. Maybe the truth hurts.
They aren’t facts, it is utter horse shit
"Utter horseshit" hurts. People believed it, and voted for brexit which hurts everyone of us.
Maybe we should change the saying."
Unicorn shit? |
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"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation. It seems that some posters do not like facts with which they do not agree . It would be quite easy to check the facts as published instead of attempting to poke fun at the article. "
In fairness. This thread doesn't have any facts. Just some misleading nonsense designed to make people feel better about voting the UK into poverty. |
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By *eroy1000Man
over a year ago
milton keynes |
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks An interesting comment but you make no attempt to dispute the facts as reported or supply an alternative version. Maybe the truth hurts. "
I'm not disputing facts I am asking where they come from. It does not hurt at all. If they are true then that's good though I would say a prosperous Europe is in all our interests. Whether via the EU or non EU countries |
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By *I TwoCouple
over a year ago
PDI 12-26th Nov 24 |
SPOILER ALERT
58% increase on practically nothing due to the world being closed for COVID isn't really all that impressive.
A 58% increase on exports in 2019 now that would be impressive |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lol"
but do you think it’s good news tho lol |
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"SPOILER ALERT
58% increase on practically nothing due to the world being closed for COVID isn't really all that impressive.
A 58% increase on exports in 2019 now that would be impressive "
. However the figure are not exclusive to the ak so it is still a valid comparison as all countries were impacted by Covid |
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|
By (user no longer on site)
over a year ago
|
"SPOILER ALERT
58% increase on practically nothing due to the world being closed for COVID isn't really all that impressive.
A 58% increase on exports in 2019 now that would be impressive . However the figure are not exclusive to the ak so it is still a valid comparison as all countries were impacted by Covid "
What are the figures for 2019  |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol"
What news? |
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|
By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol"
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think |
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or View forums list | |
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think "
so exports increasing during covid is a bad thing now or a good thing ? |
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or View forums list | |
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?"
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid. |
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or View forums list | |
|
By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?"
O dear |
Reply privately, Reply in forum +quote
or View forums list | |
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid."
aw so you would prefer to see a decrease then lol |
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|
By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol"
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not |
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or View forums list | |
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not "
I think any increase is a positive mate |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate "
Even if it's a net decrease? |
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|
By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate "
Good on you and do you think (like the OP) that these increases were due to Brexit, or maybe , because we are coming out of the pandemic ? |
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|
By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate
Even if it's a net decrease? "
This is the Brexit way, cut off your legs but you grow back one foot? Positive |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate
Good on you and do you think (like the OP) that these increases were due to Brexit, or maybe , because we are coming out of the pandemic ? "
I don’t know mate but it is a positive isn’t it |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate
Even if it's a net decrease?
This is the Brexit way, cut off your legs but you grow back one foot? Positive "
this is remain way see a positive and make it a negative same shit same people different day |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate
Good on you and do you think (like the OP) that these increases were due to Brexit, or maybe , because we are coming out of the pandemic ? I don’t know mate but it is a positive isn’t it "
If you got mugged on the way home from the pub, and they took £100. But then you found 50p on your way home. Would you consider that to be a positive experience on your night out? |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate
Even if it's a net decrease?
This is the Brexit way, cut off your legs but you grow back one foot? Positive this is remain way see a positive and make it a negative same shit same people different day "
That's a bit rude, not all leavers are so easily confused. Some of them can understand the big picture, even if they voted leave. |
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|
By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate
Even if it's a net decrease?
This is the Brexit way, cut off your legs but you grow back one foot? Positive this is remain way see a positive and make it a negative same shit same people different day "
What are you on about? |
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|
By (user no longer on site)
over a year ago
|
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
The Daily Express. Lolbut do you think it’s good news tho lol
Really mate, you have spent the last few months blaming the economy, inflation etc on Covid and your now celebrating the fact our exports have increased since last year (which was during Covid) ? Have a think so exports increasing during covid is a bad thing now or a good thing ?
Neither, pretty sure it was a comment that it isn't surprising there is an increase since covid.aw so you would prefer to see a decrease then lol
I would be horrified if after the pandemic we saw a decrease, it’s like losing £100 and finding £50, you decide if it’s a positive or not I think any increase is a positive mate
Good on you and do you think (like the OP) that these increases were due to Brexit, or maybe , because we are coming out of the pandemic ? I don’t know mate but it is a positive isn’t it "
Have you actually read the OP? |
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By *eroy1000Man
over a year ago
milton keynes |
It's possible this is one of those figures where they have taken specific dates to amplify the figures. With the covid shutdowns it makes it easier to get the figures you want. There was a headline saying exports had dropped x% (I forget the figure, but it was high) but it included all of the covid period of lockdown. Then you get this figure in the OP using the same method. Both will be factually true but not representative |
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"It's possible this is one of those figures where they have taken specific dates to amplify the figures. With the covid shutdowns it makes it easier to get the figures you want. There was a headline saying exports had dropped x% (I forget the figure, but it was high) but it included all of the covid period of lockdown. Then you get this figure in the OP using the same method. Both will be factually true but not representative"
It is the issue when the source has an agenda, that's why I looked at the ONS figures, because they don't get paid based on the direction of their findings. |
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"It's possible this is one of those figures where they have taken specific dates to amplify the figures. With the covid shutdowns it makes it easier to get the figures you want. There was a headline saying exports had dropped x% (I forget the figure, but it was high) but it included all of the covid period of lockdown. Then you get this figure in the OP using the same method. Both will be factually true but not representative"
Exactly this.
And this is the problem at the moment. A proportion of the population doesn't know how to interpret information presented to them.
As an example least two people on this thread are determined for this to be good news, despite the context being pointed out. Sorry, not meaning to have a pop at them. Just using them as an example.
It's the same with climate change and a whole host of other issues. And this is exactly why there there threads about newspapers that specifically publish misleading information like this. It's actually been a very effective tactic too. |
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By (user no longer on site)
over a year ago
|
"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation. It seems that some posters do not like facts with which they do not agree . It would be quite easy to check the facts as published instead of attempting to poke fun at the article. "
Have you ever heard the quotation "There are lies, damned lies, and statistics"?
That's what we have here.
One large heap of tory horseshit. |
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"New research by Facts4EU.Org and CIBUK.Org
Two entirely biased and unrelentingly unreliable sources.
May as well have posted an article claiming that apples are poisonous written by the National Oranges Federation. It seems that some posters do not like facts with which they do not agree . It would be quite easy to check the facts as published instead of attempting to poke fun at the article. "
You use the word "seems" a lot. As you should, because it firmly plants your posts in the realm of your own perception - rather than reality.
It's why nobody takes you - or your "facts" seriously. Nor should they. |
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By *otMe66Man
over a year ago
Terra Firma |
What does the OP mean to the man on the street?
Here are the questions I have from my street.
What are we exporting?
What does it actually mean to me?
How do our exports compare to our imports from around the globe? Isn't that the real indicator of success?
Genuine questions.
|
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By *eroy1000Man
over a year ago
milton keynes |
"What does the OP mean to the man on the street?
Here are the questions I have from my street.
What are we exporting?
What does it actually mean to me?
How do our exports compare to our imports from around the globe? Isn't that the real indicator of success?
Genuine questions.
"
The ONS has a wealth of information on these subjects. Not so easy to answer what it means to you personally as that depends on your sector and how its performing I guess. Last time I took a look machinery of various sorts including cars are top exporters currently |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks
I thought it didn’t stack up. I don’t know of a single UK business that has not been adversely impacted by Brexit "
Although I voted remain and was against brexit I can confirm that brexit has not had a adverse effect on my business at all, we are 15% up on this time last year alone and I am having to turn orders down due to fact we are way over capacity already. We had record sales figures in the US and Australia last month and business in Asia us booming. I think the effects of brexit on a business depends on how heavily reliant your business was on the EU market, in our case it was probably our smallest market on the global stage so made no real difference. |
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By *irldnCouple
over a year ago
Brighton |
"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks
I thought it didn’t stack up. I don’t know of a single UK business that has not been adversely impacted by Brexit
Although I voted remain and was against brexit I can confirm that brexit has not had a adverse effect on my business at all, we are 15% up on this time last year alone and I am having to turn orders down due to fact we are way over capacity already. We had record sales figures in the US and Australia last month and business in Asia us booming. I think the effects of brexit on a business depends on how heavily reliant your business was on the EU market, in our case it was probably our smallest market on the global stage so made no real difference."
That is good news for you, your company and other businesses like yours. Do you know that you US, Australia and Asia order book are ip because of brexit or despite of brexit? ie would your orders still have grown anyway or was being in the EU holding you back? |
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"The article below is self explanatory - another success story . It looks like the good times are about to roll .
On Friday, the EU Commission released a new report on the bloc’s trade statistics, which revealed that in the first five months of this year, Britain’s exports to the EU soared by 58.8 percent, compared to the previous Jan-May period last year. The Eurostat figures revealed that in May alone, the EU recorded a €35billion (£29.8billion) trade deficit, while the UK’s exports to the bloc were up by 69.9 percent.
New research by Facts4EU.Org and CIBUK.Org reveals that although the UK continues to remain the EU’s second biggest export market, the trade balance between the two seems to be rapidly shifting.
The authors of the research noted that “despite the EU Commission’s valiant attempts to make it as difficult as possible for British businesses to export to the EU, many of these companies are managing to get their products through.”
The research also revealed that over the past two years, the EU has rapidly descended from having an international trade surplus to a significant deficit.
Speaking exclusively to Express.co.uk, Professor Daniel Hodson, CIBUK’s Deputy Chairman, said: “For years we’ve been told the United Kingdom couldn’t survive on its own without being a member of the European Union.
“Nevertheless, this mantra was repeated – and still is – over and over again.
“Our report puts some facts behind the assertion by Brexiteers that: “We’ll do just fine without EU membership, thank you”.
“Not only that, but it clearly shows the EU has some serious problems. Its once invincible trade surplus has disappeared down a big hole and has become a large and growing deficit.
“The EU’s trade deficit in the first five months of this year was €163billion (around £139billion) in the red, compared with a surplus in the same period last year of €69billion (about £59billion) in the black.
Can I ask if they use official figures like an EU equivalent of the ONS ect?
Also worth pointing out that Germany is the largest EU economy and not yet back to pre pandemic levels so a lot of growth is still to come
It comes from the CIBUK, campaign for an independent Britain, it is utter bollocks
I thought it didn’t stack up. I don’t know of a single UK business that has not been adversely impacted by Brexit
Although I voted remain and was against brexit I can confirm that brexit has not had a adverse effect on my business at all, we are 15% up on this time last year alone and I am having to turn orders down due to fact we are way over capacity already. We had record sales figures in the US and Australia last month and business in Asia us booming. I think the effects of brexit on a business depends on how heavily reliant your business was on the EU market, in our case it was probably our smallest market on the global stage so made no real difference.
That is good news for you, your company and other businesses like yours. Do you know that you US, Australia and Asia order book are ip because of brexit or despite of brexit? ie would your orders still have grown anyway or was being in the EU holding you back?"
No i believe our order book for those areas of the world would have increased anyway regardless of brexit. There is more growth out there than in the EU for us to tap into which we have been doing and working to increase our sales output in these areas. Our sales volume to the EU has gradually declined over the last decade or so. We sell as much in the UK as we do to the EU market. The US has always been a big market for us, although Asia is now a close second. I can sell the same product in the US as in the EU for instance and make almost 25% more on the sale. Germany is our biggest market in the EU but probably accounts for only 2 to 3% of our annual sales volume which is at least 30% less than the US. |
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