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Damn not bad in a pandemic

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    Damn not bad in a pandemic

    Operation reality

    https://www.bbc.co.uk/news/business-56729631

    Trade between the UK and EU partially recovered in February, after a steep drop in January following Brexit.

    Official figures show exports to the EU jumped by 46.6%, £3.7bn, to £11.6bn, following January's 42% slump when firms struggled with new trade rules.
    Always forgive your enemies; nothing annoys them so much.

    #2
    Better than last month, but still not great. Still down 18% on both imports and exports year on year. - a drop of over £120B in both directions. https://www.ons.gov.uk/economy/natio...e/february2021

    Looking at the figures year on year (and 6 and 3 months), the pandemic really has screwed things up.

    Down with racism. Long live miscegenation!

    Comment


      #3
      hmm

      https://www.bloomberg.com/news/artic...premium-europe


      Deliveroo to Dimon Stoke Fears About London’s Post-Brexit Future
      I'm alright Jack

      Comment


        #4
        you don't think UBER's judgment had anything to do with it?
        Always forgive your enemies; nothing annoys them so much.

        Comment


          #5
          Originally posted by NotAllThere View Post
          Better than last month, but still not great. Still down 18% on both imports and exports year on year. - a drop of over £120B in both directions. https://www.ons.gov.uk/economy/natio...e/february2021

          Looking at the figures year on year (and 6 and 3 months), the pandemic really has screwed things up.
          looks terrible

          • The total trade deficit, excluding non-monetary gold and other precious metals, narrowed by £2.1 billion to £6.3 billion in the three months to February 2021; imports decreased by £5.7 billion (negative 3.8%), while exports decreased by £3.6 billion (negative 2.5%).
          • Trade in services imports and exports have consistently remained at a lower level since Q2 2020 as services accounts such as travel and transport trade continue to be affected by coronavirus (COVID-19) restrictions.
          Always forgive your enemies; nothing annoys them so much.

          Comment


            #6
            Mind you, other European country's with reasonably good economies show steady export growth since the first wave. So the dec-jan dip looks very much like a blip caused by the end of the transition period. When viewed over a longer period it'll smooth out.

            • The total trade deficit, excluding non-monetary gold and other precious metals, narrowed by £2.1 billion to £6.3 billion in the three months to February 2021; imports decreased by £5.7 billion (negative 3.8%), while exports decreased by £3.6 billion (negative 2.5%).
            • Trade in services imports and exports have consistently remained at a lower level since Q2 2020 as services accounts such as travel and transport trade continue to be affected by coronavirus (COVID-19) restrictions.
            So I agree. It looks less than ideal.

            Down with racism. Long live miscegenation!

            Comment


              #7
              Originally posted by NotAllThere View Post
              Mind you, other European country's with reasonably good economies show steady export growth since the first wave. So the dec-jan dip looks very much like a blip caused by the end of the transition period. When viewed over a longer period it'll smooth out.



              So I agree. It looks less than ideal.
              When you buy less than you sell you make Mr Micawber proud.

              Strange its not the complete implosion our remainers described.

              Always forgive your enemies; nothing annoys them so much.

              Comment


                #8
                Originally posted by vetran View Post
                Strange its not the complete implosion our remainers described.
                To be fair, only some described it that way. Others picture more a steady, slow decline.



                Down with racism. Long live miscegenation!

                Comment


                  #9
                  Originally posted by vetran View Post
                  Trade between the UK and EU partially recovered in February, after a steep drop in January following Brexit.

                  Official figures show exports to the EU jumped by 46.6%, £3.7bn, to £11.6bn, following January's 42% slump when firms struggled with new trade rules.
                  Interesting that you think a partial recovery, from a steep drop, is positive

                  And they say Brexiters are as thick as mince
                  I am what I drink, and I'm a bitter man

                  Comment

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