Reply to: Foreign investment has fallen 92% since 2016

[meridian]

It is curious that after years of complaining about foreigners coming and taking their jobs, they're not rushing into the fields to reclaim their birthright.

That’s because a few weeks/months of temporary picking work would result in benefits being cut, the system isn’t geared towards short-term work being available.

Which is odd, because we keep being told that migrants are both taking our jobs, and being on benefits. Yet they can’t be doing both.

It’s almost as if people have been lied to all this time to suit an agenda.

[Old Greg]

Can’t have innovative jam without someone picking the fruit. :-)

It is curious that after years of complaining about foreigners coming and taking their jobs, they're not rushing into the fields to reclaim their birthright.

[meridian]

Cheeky monkeys.

Can’t have innovative jam without someone picking the fruit. :-)

[Old Greg]

Nope, that's the actual front page of the Times.

Cheeky monkeys.

[sasguru]

Is this a spoof?

Nope, that's the actual front page of the Times.

[Old Greg]

The Times is even better, because why have a manufacturing job when picking fruit is so much fun?!?

Is this a spoof?

[sasguru]

The Times is even better, because why have a manufacturing job when picking fruit is so much fun?!?

Oh dear it's worse than I thought. And aerospace was one of the UK's success stories. Oh well, never mind - onward and downward.

[meridian]

The Times is even better, because why have a manufacturing job when picking fruit is so much fun?!?

[meridian]

Foreign investment has fallen 92% since 2016

A lot of Brexiters say that businesses need to adapt and change, become leaner and meaner and more innovative to drive competitiveness after Brexit.

So they can’t really complain when businesses adjust their supply chains and business model to adapt to Brexit.

https://amp.theguardian.com/politics...-brexit-impact

The aerospace multinational firm Airbus is preparing to withdraw major investment from the UK due to concerns over Brexit negotiations, putting thousands of jobs at risk.

[WTFH]

Eh? How do you spin that?

Let's say 50% of the UK's investment in 2015 came from foreign investors, and let's say that they invested £50 billion.
So that means 50% of the UK investment in 2015 was from within the UK, and totalled £50 billion.
The total amount invested was £100billion.

If the foreign investment drops to £25 billion, then if the internal investment stays at the same level of £50 billion, the total investment has dropped to £75 billion.
That means statistically, the inward investment has increased from 50% to 67%. It hasn't changed in terms of £, but it has in %.


Playing the figures game is a favourite of Brexit supporters. £350 million a week sounds like a lot of money, but as a % of the UK Gov spend, it's less than 3%

[sasguru]

Brexit spin: UK inward investment has increased statistically.

Eh? How do you spin that?

[WTFH]

https://inews.co.uk/news/uk/foreign-...ince-2016-why/

"The 2016 UK figure is much, much higher than it would usually be because of a huge merger of two of the world’s biggest alcohol companies, and as one of the companies is headquartered in London (despite selling globally) that figure counted as FDI, meaning the UK figure was hugely inflated versus its usual level. That could mean that everything was fine, and things had just got back to usual: but they haven’t. The UK’s $15 billion investment [in 2017] is only around a third of its average level since 2011 – a figure which represents the lowest investment into the UK since 2005. That’s a bad sign."

Brexit spin: UK inward investment has increased statistically.

[Old Greg]

Send a gunboat!

[meridian]

That's what I keep saying - hard Brexit now!
The people should get what they voted for

The civil service is preparing...

[sasguru]

Technically though, the outcome is correct. The vote was to leave the EU - a negative proposition that has been interpreted as leaving all EU trade deals, institutions, legal systems, etc.

There was no vote on how or what to “join” with the EU. No vote on whether or not we wanted a trade deal with them, no vote on what institutions we wanted to still remain a part of.

The only logical outcome from the vote is that the people voted for “No Deal”. This does not mean “no deal and we won’t pay the divorce bill”, because the divorce bill is the negotiated cost of leaving. “No Deal” as what was voted for means settling up any debts, leaving the EU, and that’s it. Any future relationship was not part of the vote.

So saying that “No Deal” is a negotiating position is incorrect, it’s what the people voted for.

That's what I keep saying - hard Brexit now!
The people should get what they voted for