Brexit Is Largely To Blame For UK Exports Lagging Other Countries, Rishi Sunak Admits

12 comments
  1. >Cat Neilan:
    >
    >Cabinet Office press release, citing Rishi Sunak’s call for British firms to cut ties with Russia… days after *that* Sky interview about his wife’s links
    >
    >>https://nitter.net/pic/media%2FFO8zGYJXMAEg1XW.jpg
    >>
    >>https://nitter.net/pic/media%2FFO8zGojXwAc29N9.jpg
    >>
    >>https://nitter.net/pic/media%2FFO8zG3iWYAASTdq.jpg
    >>
    >>https://nitter.net/pic/media%2FFO8zHJpX0AEACpj.jpg
    >
    >[Mar 28, 2022 · 4:26 PM](https://nitter.net/CatNeilan/status/1508480600558219265)

  2. > Asked about the worrying trend while appearing in front of the Treasury select committee, Sunak said it was “always inevitable that if you change the exact nature of your trading relationship with the EU, that was going to have an impact on trade flows”.

    … which still does not explain why you would take this course of action **if you knew this would be the result**.

    > Sunak, who backed Brexit in the 2016 referendum, said: “Without a doubt we’re changing our trading relationship with the EU and that means a different set of controls and things that people will have to do

    Not a different set of controls, another set of controls on top of the one you had already. Note the weasel word “control”, which isn’t actually true: the UK has no “control” over the checks on its trade to its biggest export market. Its manufacturers simply have to comply with whatever the EU decides. Also note the phrase “people have to do”, as if this situation was inevitable and only concerned other people. Mr. Sunak’s party has made this happen. They are responsible for all these new restrictions and there was ample opportunity to avoid them even with Brexit. Essentially, they chose to seriously damage the UK’s economy (as well as its diplomatic position) for transient domestic party political gain.

    > He added: “The benefit of new trading relationships take time, they don’t happen all overnight.”

    According to experts, they are not happening at all. There’s also the small problem that it’s a moving target: the longer it takes for these benefits to materialize, the more behind everyone else you get and the bigger the benefits have to be to ever make up for the loss. It’s academic, of course, as no serious economist believes they will ever come close.

    The cold hard truth is that Mr. Sunak’s party’s actions have created an additional drag on UK productivity as well as trade efficiency and that someone is going to have to pay for that in the end. Have a guess who.

  3. The government chose to ignore experts and independent reports into the effects of Brexit because they did not tell them what they wanted to hear. The government also chose to ignore small and medium businesses when they told them of the issues Brexit was causing them even before we left the EU. We all knew what the problems could be, the government just did not want to admit it because they had sold so many people on the idea.

  4. He added: “The benefit of new trading relationships take time, they don’t happen all overnight.”

    Just as well we’ve had 6 years to sort that out then, right?

    Right?

  5. Bla bla, could have told you this all years ago for free, etc

    Really, at the end of the day none of it matters though: the mob was satisfied, and the wolves got fed.

  6. And then Me. Sunak admitted if you shit in your kitchen kitchen the food you prepare there is less enjoyable….

Leave a Reply