Brexit delayed

[Adder]

Which will take the biggest Hit?

http://www.worldstopexports.com/united- ... p-exports/

United Kingdom’s Top 10 Exports
FEBRUARY 18, 2017 BY DANIEL WORKMAN
United Kingdom’s Top Exports

United Kingdom shipped US$408.9 billion worth of goods around the globe in 2016, up by 13.7% since 2009 when the Great Recession kicked in but down by -12.3% from 2015 to 2016.
United Kingdom’s top 10 exports accounted for more than two-thirds (69.8%) of the overall value of its global shipments.
Based on statistics from the International Monetary Fund’s World Economic Outlook Database, United Kingdom’s total Gross Domestic Product amounted to $2.778 trillion as of November 2016. Therefore, exports account for about 14.7% of total UK economic output.
From a continental perspective, 54.3% of UK exports by value are delivered to other European trade partners while 21.2% are sold to Asian importers. United Kingdom ships another 16.7% to North America and just 2.8% to Africa.
Given United Kingdom’s population of 64.4 million people, its total $408.9 billion in 2016 exports translates to roughly 6,300 for every resident in that country.
United Kingdom’s unemployment rate was 4.8% as of December 2016 down from 5.1% one year earlier, according to Trading Economics.
United Kingdom’s Top 10 Exports

Top 10

The following export product groups represent the highest dollar value in UK global shipments during 2016. Also shown is the percentage share each export category represents in terms of overall exports from United Kingdom.

Machinery including computers: US$60.3 billion (14.7% of total exports)
Vehicles : $51.7 billion (12.6%)
Pharmaceuticals: $32.6 billion (8%)
Gems, precious metals: $27.5 billion (6.7%)
Electrical machinery, equipment: $27.1 billion (6.6%)
Mineral fuels including oil: $26.2 billion (6.4%)
Aircraft, spacecraft: $20.7 billion (5.1%)
Optical, technical, medical apparatus: $17.2 billion (4.2%)
Plastics, plastic articles: $11.2 billion (2.7%)
Organic chemicals: $10.8 billion (2.6%)

Vehicles were the fastest-growing among the top 10 export categories, up 80.8% for the 7-year period starting in 2009.
In second place for improving export sales was the aerospace category which gained 72.7% led by significant international sales for airplanes and turbojets.
UK exported gems and precious metals posted the third-fastest gain in value up 64.4% thanks to booming gold and platinum shipments.
Mineral fuels including oil led the decliners down by -34.5%.

[Stones of granite]

Which will take the biggest Hit?

http://www.worldstopexports.com/united- ... p-exports/

United Kingdom’s Top 10 Exports
FEBRUARY 18, 2017 BY DANIEL WORKMAN
United Kingdom’s Top Exports

United Kingdom shipped US$408.9 billion worth of goods around the globe in 2016, up by 13.7% since 2009 when the Great Recession kicked in but down by -12.3% from 2015 to 2016.
United Kingdom’s top 10 exports accounted for more than two-thirds (69.8%) of the overall value of its global shipments.
Based on statistics from the International Monetary Fund’s World Economic Outlook Database, United Kingdom’s total Gross Domestic Product amounted to $2.778 trillion as of November 2016. Therefore, exports account for about 14.7% of total UK economic output.
From a continental perspective, 54.3% of UK exports by value are delivered to other European trade partners while 21.2% are sold to Asian importers. United Kingdom ships another 16.7% to North America and just 2.8% to Africa.
Given United Kingdom’s population of 64.4 million people, its total $408.9 billion in 2016 exports translates to roughly 6,300 for every resident in that country.
United Kingdom’s unemployment rate was 4.8% as of December 2016 down from 5.1% one year earlier, according to Trading Economics.
United Kingdom’s Top 10 Exports

Top 10

The following export product groups represent the highest dollar value in UK global shipments during 2016. Also shown is the percentage share each export category represents in terms of overall exports from United Kingdom.

Machinery including computers: US$60.3 billion (14.7% of total exports)
Vehicles : $51.7 billion (12.6%)
Pharmaceuticals: $32.6 billion (8%)
Gems, precious metals: $27.5 billion (6.7%)
Electrical machinery, equipment: $27.1 billion (6.6%)
Mineral fuels including oil: $26.2 billion (6.4%)
Aircraft, spacecraft: $20.7 billion (5.1%)
Optical, technical, medical apparatus: $17.2 billion (4.2%)
Plastics, plastic articles: $11.2 billion (2.7%)
Organic chemicals: $10.8 billion (2.6%)

Vehicles were the fastest-growing among the top 10 export categories, up 80.8% for the 7-year period starting in 2009.
In second place for improving export sales was the aerospace category which gained 72.7% led by significant international sales for airplanes and turbojets.
UK exported gems and precious metals posted the third-fastest gain in value up 64.4% thanks to booming gold and platinum shipments.
Mineral fuels including oil led the decliners down by -34.5%.

Machinery - Regulated principally by the Machinery Directive
Vehicles - Regulated by a whole host of Directives
Pharmaceuticals - not my area of knowledge, but I expect there is a shit-tonne of safety stuff
Gems - possibly not badly affected other than by financial regulations
Electrical machinery, equipment - Regulated by Electrical and Safety Directives
Mineral fuels including oil - should be OK
Aircraft, spacecraft: - Various Directives, including Electrical, Machinery and Safety
Optical, technical, medical apparatus - Medical safety is highly regulated
Plastics, plastic articles - May be OK
Organic chemicals - Dunno, but probably Safety Directive

[Sandydragon]

Data protection, which impacts a range of industries to some degree. UK Legislation currently based on EU regulation, but GDPR is incoming and will become UK law in 2018; will it be repealed? Pressure from corporations to do so, but secure pers data increases consumer trust in online transactions and if they want to deal in the EU, they will need to comply anyway.

Look out for plenty of smoke and mirrors on that one.

[Stones of granite]

Data protection, which impacts a range of industries to some degree. UK Legislation currently based on EU regulation, but GDPR is incoming and will become UK law in 2018; will it be repealed? Pressure from corporations to do so, but secure pers data increases consumer trust in online transactions and if they want to deal in the EU, they will need to comply anyway.

Look out for plenty of smoke and mirrors on that one.

Interesting one. I originally typed:

"It'll be quietly sidelined, quoting pressure on the legislative timetable from some aspect of Brexit such as the GRB. Then silently dumped."

But on reflection, I'm not so sure. It surely has to be added to the list of parallel regulations that will have to be maintained.

[Sandydragon]

Data protection, which impacts a range of industries to some degree. UK Legislation currently based on EU regulation, but GDPR is incoming and will become UK law in 2018; will it be repealed? Pressure from corporations to do so, but secure pers data increases consumer trust in online transactions and if they want to deal in the EU, they will need to comply anyway.

Look out for plenty of smoke and mirrors on that one.

Interesting one. I originally typed:

"It'll be quietly sidelined, quoting pressure on the legislative timetable from some aspect of Brexit such as the GRB. Then silently dumped."

But on reflection, I'm not so sure. It surely has to be added to the list of parallel regulations that will have to be maintained.

Aye. When you consider that a fair amount of UK data is hosted in Ireland (that might change) and there will still be EU citizens living in the UK, whilst we will still want to trade with the EU and potentially hold some information, there is a case for legislation that brings the UK to a similar standard.

SOme business leaders are moaning about the cost of implementation. Frankly, compared to the big picture of online engagement potentially dropping as people become nervous about the security of their data, its small feed.

[Donny osmond]

No idea how accurate this is, but interesting nevertheless...



Sent from my HUAWEI VNS-L31 using Tapatalk

[canta_brian]

http://www.mirror.co.uk/news/politics/f ... t-10136422

Lol

[Which Tyler]

http://www.mirror.co.uk/news/politics/f ... t-10136422

Lol

Who ever could have seen that coming? apart from... just about everyone, that is.

[Sandydragon]

http://www.mirror.co.uk/news/politics/f ... t-10136422

Lol

Who ever could have seen that coming? apart from... just about everyone, that is.

So much for they need us and thus the talks will be nice and civil.

[Mellsblue]

No idea how accurate this is, but interesting nevertheless...



Sent from my HUAWEI VNS-L31 using Tapatalk

You can easily pick a few holes in that, I'd say. I'd start with the risk to exports in NI being medium. Due to the sheer volume of goods that cross the border with the ROI this can't be correct. The amount of agriculture in Yorks and the N West must make them high with the risk of losing EU funding and EU workers. Of course, they may be basing this on noises that all efforts will be made to keep the soft border in Ireland, that continued, if altered, agriculture subsidies are high up the agenda, that seasonal worker visas will be reinstated and that the Yorks and the N West have relatively high unemployment rates and have the potential capacity to replace lost migrant workers. However, even taking that in to account, and I'd have a few other issues on top, it seems overly optimistic at this stage.

[Mellsblue]

http://www.mirror.co.uk/news/politics/f ... t-10136422

Lol

Who ever could have seen that coming? apart from... just about everyone, that is.

So much for they need us and thus the talks will be nice and civil.

EU in disregarding the results of a referendum shock.

This is typical media hype. All of the noises from the major players have been positive and conciliatory since Wednesday. And recent weeks have seen a slew of reports from influential institutions demanding that constructive, non-adversarial talks are the best route to go down to reach an agreement that best suits both sides. Though, you wouldn't expect a paper with the Mirror's modus operandi to lead with such views.
Of course, should divorce terms not be amicably reached the Mirror may have called it correctly. There's a sentence I never expected to write.

[canta_brian]

Who ever could have seen that coming? apart from... just about everyone, that is.

So much for they need us and thus the talks will be nice and civil.

EU in disregarding the results of a referendum shock.

This is typical media hype. All of the noises from the major players have been positive and conciliatory since Wednesday. And recent weeks have seen a slew of reports from influential institutions demanding that constructive, non-adversarial talks are the best route to go down to reach an agreement that best suits both sides. Though, you wouldn't expect a paper with the Mirror's modus operandi to lead with such views.
Of course, should divorce terms not be amicably reached the Mirror may have called it correctly. There's a sentence I never expected to write.

Which referendum? The one to stay ruled by GB or the brexit one (96% to remain)

[Mellsblue]

So much for they need us and thus the talks will be nice and civil.

EU in disregarding the results of a referendum shock.

This is typical media hype. All of the noises from the major players have been positive and conciliatory since Wednesday. And recent weeks have seen a slew of reports from influential institutions demanding that constructive, non-adversarial talks are the best route to go down to reach an agreement that best suits both sides. Though, you wouldn't expect a paper with the Mirror's modus operandi to lead with such views.
Of course, should divorce terms not be amicably reached the Mirror may have called it correctly. There's a sentence I never expected to write.

Which referendum? The one to stay ruled by GB or the brexit one (96% to remain)

The former.

[Digby]

There are going to need to be separate agreements needed for such as the Irish border and the Gibraltar/Spain border. If they can hive some aspects of those off from the main deal that'd actually make sense, frankly better that Spain use their veto there than on the whole deal.

[Which Tyler]

http://www.mirror.co.uk/news/politics/f ... t-10136422

Lol

Who ever could have seen that coming? apart from... just about everyone, that is.

So much for they need us and thus the talks will be nice and civil.

Didn't May say something about witholding intelligence and help with security?

[Mellsblue]

Who ever could have seen that coming? apart from... just about everyone, that is.

So much for they need us and thus the talks will be nice and civil.

Didn't May say something about witholding intelligence and help with security?

"In security terms a failure to reach agreement would mean our cooperation in the fight against crime and terrorism would be we weakened," said Theresa.
Taken at face value it looks like a threaten. Taken in context with the previous paragraph it looks like a statement of fact.

[Sandydragon]

Mays comments on security were no more or less pointed than others made by EU leaders. Without agreement on security issues then cooperation will be damaged.

[Eugene Wrayburn]

The reality will bite in around 5 years time when we find that our trade with Europe is becoming increasingly blocked because of claimed non-compliance with European regulations, despite the GRB making them part of UK law. The French in particular will point to every amendment in EU law, however minor, and point out that UK law has not kept up.
This means that our Parliamentarians with all their repatriated sovereignty will increasingly spend their time trying to follow what is happening in Europe, debating the changes and updating UK law. Not forgetting, of course, that these changes were effectively decided in Europe, and no longer with any UK involvement or influence.

But at least we'll have regained our sovereignty....

Exactly. These Brexit fuckwits don't actually understand the point of the single market, why it's vastly superior to a trade deal and the role of the ECJ in securing that.

[Len]

The reality will bite in around 5 years time when we find that our trade with Europe is becoming increasingly blocked because of claimed non-compliance with European regulations, despite the GRB making them part of UK law. The French in particular will point to every amendment in EU law, however minor, and point out that UK law has not kept up.
This means that our Parliamentarians with all their repatriated sovereignty will increasingly spend their time trying to follow what is happening in Europe, debating the changes and updating UK law. Not forgetting, of course, that these changes were effectively decided in Europe, and no longer with any UK involvement or influence.

But at least we'll have regained our sovereignty....

Exactly. These Brexit fuckwits don't actually understand the point of the single market, why it's vastly superior to a trade deal and the role of the ECJ in securing that.

Not to mention in 5 years time a savage amount of those Brexit voting dickheads will actually be dead. Fuck I hate old people. They can't drive either.

Still in disbelief at some of the Brexit voters whom I confronted in the following days of the referendum who said they'd still be in the single market and be able to dictate immigration.

[Digby]

The reality will bite in around 5 years time when we find that our trade with Europe is becoming increasingly blocked because of claimed non-compliance with European regulations, despite the GRB making them part of UK law. The French in particular will point to every amendment in EU law, however minor, and point out that UK law has not kept up.
This means that our Parliamentarians with all their repatriated sovereignty will increasingly spend their time trying to follow what is happening in Europe, debating the changes and updating UK law. Not forgetting, of course, that these changes were effectively decided in Europe, and no longer with any UK involvement or influence.

But at least we'll have regained our sovereignty....

Exactly. These Brexit fuckwits don't actually understand the point of the single market, why it's vastly superior to a trade deal and the role of the ECJ in securing that.

I get not understanding the single market. But how they could fail to see trade levels before and after and not see how it drives growth I simply don't understand, that puts in them in the flat earthists and anti-vaxxers. I can also quite understand why one would think the division of the increased wealth isn't working for many groups, but the distribution of that wealth is a domestic agenda, so take it up with the UK government and not the EU.

[Sandydragon]

I still think the economics baffled many voters. £350milllion a day sounded like a colossal amount (I know it wasn't accurate but it was the figure used) and without any examination of the benefits coming back, it just sounds like money down the pan for no benefit.

[Digby]

I still think the economics baffled many voters. £350milllion a day sounded like a colossal amount (I know it wasn't accurate but it was the figure used) and without any examination of the benefits coming back, it just sounds like money down the pan for no benefit.

A lot would have voted to leave and the money be damned, though man of the leaders will be fine come what may, but a lot of leavers might get rather cross if anything but a panacea emerges, and if things get worse there'll be some blame that needs shifting.

[Sandydragon]

I still think the economics baffled many voters. £350milllion a day sounded like a colossal amount (I know it wasn't accurate but it was the figure used) and without any examination of the benefits coming back, it just sounds like money down the pan for no benefit.

A lot would have voted to leave and the money be damned, though man of the leaders will be fine come what may, but a lot of leavers might get rather cross if anything but a panacea emerges, and if things get worse there'll be some blame that needs shifting.

Agreed. Some leavers would have voted out regardless of any economic argument. Sovereignty arguments trump all and there is no argument that would convince them otherwise.

There is also immigration to consider which had a powerful effect regardless of £350m per week. But wit ha result so close, I wonder how many looked at the EU and saw waste and incompetence (not unreasonable statements by themselves) and then looked at the figure provided by the leave campaign and thought it was just unreasonable to carry on paying that. Both sdies bent the trust in that campaign, but the £350m per week for the NHS was perhaps the most useful distortion.

In 3 years times when there are problems, I wonder who will be blamed then? Probably remainers for not backing the process. I doubt that those who have argued that there are trade deals just waiting to be signed will accept any responsibility (and for the record I hope they are actually right and that economic prosperity will be ours come 2019 - I just think that we are in for a rocky ride for a few years).

[Eugene Wrayburn]

https://www.theguardian.com/law/2017/ma ... SApp_Other

[cashead]

I will honestly laugh my dick off if that happens. What an absolute fucking shamblefuck this whole thing has been. Thanks for the laughs, Britain.