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Previously on "Damn not bad in a pandemic"

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  • Whorty
    replied
    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

    Leave a comment:


  • NotAllThere
    replied
    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.



    Leave a comment:


  • vetran
    replied
    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.

    Leave a comment:


  • NotAllThere
    replied
    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.

    Leave a comment:


  • vetran
    replied
    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.

    Leave a comment:


  • vetran
    replied
    you don't think UBER's judgment had anything to do with it?

    Leave a comment:


  • BlasterBates
    replied
    hmm

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


    Deliveroo to Dimon Stoke Fears About London’s Post-Brexit Future

    Leave a comment:


  • NotAllThere
    replied
    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.

    Leave a comment:


  • vetran
    started a topic Damn not bad in a pandemic

    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.

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