woody2 Posted February 21, 2019 Share Posted February 21, 2019 more good exit news....... Record UK government surplus in January Britain's public finances have received a big boost ahead of the chancellor's Spring Statement next month. Income from taxes beat public spending by £14.9bn in January, the largest monthly surplus since records began in 1993 https://www.bbc.co.uk/news/business-47318862 1 Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 21, 2019 Share Posted February 21, 2019 "That covers roughly 95% of UK import trade. " The government estimates that about 11% of UK trade relies on the EU's agreements with 70 countries. 1 Quote Link to comment Share on other sites More sharing options...
woolley Posted February 21, 2019 Share Posted February 21, 2019 6 minutes ago, woody2 said: more good exit news....... Record UK government surplus in January Britain's public finances have received a big boost ahead of the chancellor's Spring Statement next month. Income from taxes beat public spending by £14.9bn in January, the largest monthly surplus since records began in 1993 https://www.bbc.co.uk/news/business-47318862 Beat me to it woody. UK eh? What a basket case. 1 Quote Link to comment Share on other sites More sharing options...
woolley Posted February 21, 2019 Share Posted February 21, 2019 9 minutes ago, Declan said: I felt Ed Miliband’s Labour got that one wrong. Especially those now leaving to form in the TIG party. Could have been a centrist majority hold sway. Blair did that and managed to alienate both the country and his party. All things to all men sounds attractive but ends up pleasing nobody. It's toxic now. TIGs won't last. They agree about nothing other than "We want a People's Vote." Quote Link to comment Share on other sites More sharing options...
John Wright Posted February 21, 2019 Share Posted February 21, 2019 6 minutes ago, woolley said: Beat me to it woody. UK eh? What a basket case. January February and March are typically surplus months Quote Link to comment Share on other sites More sharing options...
RIchard Britten Posted February 21, 2019 Share Posted February 21, 2019 7 minutes ago, woolley said: Beat me to it woody. UK eh? What a basket case. "The ONS added that public sector net debt increased by £40.5bn to £1.8tn in January, equivalent to 82.6% of gross domestic product (GDP)." Quote Link to comment Share on other sites More sharing options...
Declan Posted February 21, 2019 Share Posted February 21, 2019 23 minutes ago, woody2 said: 7/10 are in leave seats......... 7 / 11 in remain seats South Cambridge Liverpool Stockport Totnes plus the London boroughs of Redbridge, Enfield and Lambeth All voted Remain Luton Broxtowe plus Sheffield and Nottingham (although whether the specific constitencies of the TIG mps did we don't know). Voted leave. https://en.wikipedia.org/wiki/Results_of_the_2016_United_Kingdom_European_Union_membership_referendum#South_West_England_(including_Gibraltar) Quote Link to comment Share on other sites More sharing options...
woolley Posted February 21, 2019 Share Posted February 21, 2019 10 minutes ago, John Wright said: January February and March are typically surplus months Yes, because it's when people settle their bills. But this is the highest high since records began. 1 Quote Link to comment Share on other sites More sharing options...
RIchard Britten Posted February 21, 2019 Share Posted February 21, 2019 Just now, woolley said: Yes, because it's when people settle their bills. But this is the highest high since records began. "The ONS added that public sector net debt increased by £40.5bn to £1.8tn in January, equivalent to 82.6% of gross domestic product (GDP)." Quote Link to comment Share on other sites More sharing options...
woolley Posted February 21, 2019 Share Posted February 21, 2019 11 minutes ago, RIchard Britten said: "The ONS added that public sector net debt increased by £40.5bn to £1.8tn in January, equivalent to 82.6% of gross domestic product (GDP)." That's been growing since the Napoleonic wars and vastly accelerated under the Blair government. Gonna blame that on Brexit too? Quote Link to comment Share on other sites More sharing options...
RIchard Britten Posted February 21, 2019 Share Posted February 21, 2019 Just now, woolley said: That's been growing since the Napoleonic wars and vastly accelerated under the Blair government. Gonna blame that on Brexit too? Well we could compare it to pre-Brexit rates and see what the data says. Do you know what else vastly increased under Blair? The number of wars we were taking part in. Quote Link to comment Share on other sites More sharing options...
Declan Posted February 21, 2019 Share Posted February 21, 2019 16 minutes ago, woolley said: Blair did that and managed to alienate both the country and his party. All things to all men sounds attractive but ends up pleasing nobody. It's toxic now. TIGs won't last. They agree about nothing other than "We want a People's Vote." Centrists work all over Europe. The real problem they face here is that the Tories they've taken on are pretty repugnant. They were delighted to sit alongside Cameron and Osbourne when they wrecked the country. And how can anyone make common cause with the Liberals after they allowed the Tory lie that the Global Economic Downturn was Labour's fault alone. Had that lie not been believed Ed M might have won in 2015 and no referendum and no Brexit. Quote Link to comment Share on other sites More sharing options...
John Wright Posted February 21, 2019 Share Posted February 21, 2019 4 minutes ago, woolley said: That's been growing since the Napoleonic wars and vastly accelerated under the Blair government. Gonna blame that on Brexit too? Maybe in absolute terms, but it bounced between 30% to 40% of GDP in the Blair and Brown years. It’s more than doubled to 82.6% under Tories. 1 1 Quote Link to comment Share on other sites More sharing options...
woolley Posted February 21, 2019 Share Posted February 21, 2019 3 minutes ago, Declan said: Centrists work all over Europe. Well they did, but the wheels are well and truly coming off now and have been for several years. Quote Link to comment Share on other sites More sharing options...
woolley Posted February 21, 2019 Share Posted February 21, 2019 5 minutes ago, John Wright said: Maybe in absolute terms, but it bounced between 30% to 40% of GDP in the Blair and Brown years. It’s more than doubled to 82.6% under Tories. Think you'll find that most of that was precipitated on Labour's watch and merely worked through over the next few years as the cost of the financial crisis and subsequent recession hit the economy. Lazy to pin that on the Tories. https://www.ukpublicspending.co.uk/spending_chart_1997_2018UKp_08c1li111mcn_G0t_UK_National_Debt_As_Percent_Of_GDP?show=n Quote Link to comment Share on other sites More sharing options...
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