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Post by Nobbygas on Feb 28, 2024 9:06:10 GMT
"Claims that Britain's trade deal with Australia would be damaging to the UK economy have been shattered after the first set of figures revealed huge gains in exports.
According to the Office for National Statistics, sectors have recorded growth as high as 200 percent in just the first year.
The top 20 gains included furniture exports up 200 percent, car sales up 119 percent, ships up 107.7 percent, other road vehicles up 84.4 percent and railway equipment exports up 75.5 percent.
Random goods like works of art (up 24.1 percent) and animal food (up 28.6 percent) are also on the list.
Claims that Britain's agriculture would be destroyed by the deal have also been blown out of the water, with exports of dairy products and eggs up 13 percent.
Minister for Trade Policy Greg Hands told the Express: "It's fantastic to see UK exports such as cars and road vehicles increase Down Under which will come as welcome news for our excellent automotive industry.
"Our historic trade deal with Australia is the first from-scratch deal to be negotiated since Brexit. It is a perfect example of what Britain can achieve as an independent trading nation, able to strike deals around the world and bring the benefits of free and fair trade back to these shores."
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Post by lostinspace on Feb 28, 2024 13:48:40 GMT
"Claims that Britain's trade deal with Australia would be damaging to the UK economy have been shattered after the first set of figures revealed huge gains in exports. According to the Office for National Statistics, sectors have recorded growth as high as 200 percent in just the first year. The top 20 gains included furniture exports up 200 percent, car sales up 119 percent, ships up 107.7 percent, other road vehicles up 84.4 percent and railway equipment exports up 75.5 percent. Random goods like works of art (up 24.1 percent) and animal food (up 28.6 percent) are also on the list. Claims that Britain's agriculture would be destroyed by the deal have also been blown out of the water, with exports of dairy products and eggs up 13 percent. Minister for Trade Policy Greg Hands told the Express: "It's fantastic to see UK exports such as cars and road vehicles increase Down Under which will come as welcome news for our excellent automotive industry. "Our historic trade deal with Australia is the first from-scratch deal to be negotiated since Brexit. It is a perfect example of what Britain can achieve as an independent trading nation, able to strike deals around the world and bring the benefits of free and fair trade back to these shores." Oldie ...still doing his sums 🙄🤭 |
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Feb 28, 2024 17:42:10 GMT
"Claims that Britain's trade deal with Australia would be damaging to the UK economy have been shattered after the first set of figures revealed huge gains in exports. According to the Office for National Statistics, sectors have recorded growth as high as 200 percent in just the first year. The top 20 gains included furniture exports up 200 percent, car sales up 119 percent, ships up 107.7 percent, other road vehicles up 84.4 percent and railway equipment exports up 75.5 percent. Random goods like works of art (up 24.1 percent) and animal food (up 28.6 percent) are also on the list. Claims that Britain's agriculture would be destroyed by the deal have also been blown out of the water, with exports of dairy products and eggs up 13 percent. Minister for Trade Policy Greg Hands told the Express: "It's fantastic to see UK exports such as cars and road vehicles increase Down Under which will come as welcome news for our excellent automotive industry. "Our historic trade deal with Australia is the first from-scratch deal to be negotiated since Brexit. It is a perfect example of what Britain can achieve as an independent trading nation, able to strike deals around the world and bring the benefits of free and fair trade back to these shores." Oldie ...still doing his sums 🙄🤭 Done yours have you....oh no, sorry, I forgot. |
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Post by lostinspace on Feb 28, 2024 18:33:47 GMT
Oldie ...still doing his sums 🙄🤭 Done yours have you....oh no, sorry, I forgot. No...lost the beads on my Abacus 🤔 |
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Feb 28, 2024 19:22:00 GMT
Done yours have you....oh no, sorry, I forgot. No...lost the beads on my Abacus 🤔 😂😂 Ah well, you will have to get one of those new fangled electric things. Bloody quick mind😉 |
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Feb 28, 2024 19:29:20 GMT
Just to add, Nobby's numbers are hyperbole. Been a long day and I am having a beer, so best not to be too detailed at this point.
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Post by Nobbygas on Feb 28, 2024 22:41:45 GMT
Just to add, Nobby's numbers are hyperbole. Been a long day and I am having a beer, so best not to be too detailed at this point. Not my numbers. |
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Post by Nobbygas on Mar 1, 2024 9:07:25 GMT
Still waiting to hear why the numbers from the ONS are 'hyperbole'.
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Mar 1, 2024 9:37:27 GMT
Still waiting to hear why the numbers from the ONS are 'hyperbole'. Ok ok To be honest it's boring. Without going into analytical detail. We had a good trading relationship with Australia before the trade deal was signed. We, the UK, were in surplus. The trade deal has expanded trade by a considerable margin. Which is what you highlighted. That's great isn't it, totally support that. In round numbers and without digging back into the stats, exports have grown by 16% and imports have grown by 14%. So our net margin has grown by 2%. Not knocking that, it's a good thing. But the term "Hyperbole" kicks in when you post up the "Gross" numbers and not the net and with no context, for example our historic trade and balances with Australia. It's pure Daily Express stuff Nobby, an opiate for the masses. |
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Post by Nobbygas on Mar 1, 2024 9:58:02 GMT
Still waiting to hear why the numbers from the ONS are 'hyperbole'. Ok ok To be honest it's boring. Without going into analytical detail. We had a good trading relationship with Australia before the trade deal was signed. We, the UK, were in surplus. The trade deal has expanded trade by a considerable margin. Which is what you highlighted. That's great isn't it, totally support that. In round numbers and without digging back into the stats, exports have grown by 16% and imports have grown by 14%. So our net margin has grown by 2%. Not knocking that, it's a good thing. But the term "Hyperbole" kicks in when you post up the "Gross" numbers and not the net and with no context, for example our historic trade and balances with Australia. It's pure Daily Express stuff Nobby, an opiate for the masses. and your figures are from where? |
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Mar 1, 2024 11:03:56 GMT
Ok ok To be honest it's boring. Without going into analytical detail. We had a good trading relationship with Australia before the trade deal was signed. We, the UK, were in surplus. The trade deal has expanded trade by a considerable margin. Which is what you highlighted. That's great isn't it, totally support that. In round numbers and without digging back into the stats, exports have grown by 16% and imports have grown by 14%. So our net margin has grown by 2%. Not knocking that, it's a good thing. But the term "Hyperbole" kicks in when you post up the "Gross" numbers and not the net and with no context, for example our historic trade and balances with Australia. It's pure Daily Express stuff Nobby, an opiate for the masses. and your figures are from where? Your link...I deep dived |
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Post by Nobbygas on Mar 1, 2024 13:07:06 GMT
and your figures are from where? Your link...I deep dived I didn't provide a link. |
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Mar 1, 2024 13:20:47 GMT
yeah sorry, typed in a hurry. I searched your headline numbers and they came up. Then I got behind the numbers. |
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Post by Nobbygas on Mar 1, 2024 13:58:17 GMT
"In round numbers and without digging back into the stats, exports have grown by 16% and imports have grown by 14%.
So our net margin has grown by 2%."
Schoolboy stuff Oldie. What was the base number that has climbed by 16% and what was the base number that has climbed 14%? 16% of, say three billion, would be a lot more than 14% of say three million. Your percentages mean nothing without the numbers, so your 2% net gain doesn't add up.
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Mar 1, 2024 15:40:43 GMT
"In round numbers and without digging back into the stats, exports have grown by 16% and imports have grown by 14%. So our net margin has grown by 2%." Schoolboy stuff Oldie. What was the base number that has climbed by 16% and what was the base number that has climbed 14%? 16% of, say three billion, would be a lot more than 14% of say three million. Your percentages mean nothing without the numbers, so your 2% net gain doesn't add up. Oh god, do I have to. Just about to meet some hardy Forest Right Wingers at the Cock in Blakeney, can I come back to this |
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