clive wheeler Neil Minto Sustainable Energy Forum The problem with this fanfare is that the government’s own economic analysis of the benefits of joining this bloc is underwhelming. There is an estimated gain to the UK of 0.08% of GDP – this is just a 50th of the OBR’s estimate of what Brexit has cost the UK economy to date.
Guider of flocks🇬🇧🏴🏴 Gully Foyle #UKTrade Robert Peston 'cos it's largely a nothing burger worth about £9m and inline with the DIT's CPTPP forecast (+0.08% GDP)
Willy Pogo Niall Kenny Neil Gillespie Newsflash for you. Asian countries, like European ones, do most of their trade with each other. Joining CPTPP, a geographically fragmented FTA (where UK already had CPTPP-level access to 450m of CPTPP's 510m pop. via EU FTAs/rollovers) won't burnish UK with much new GDP (0.08%).
Jayne Evans Sir Mike Jansen #FBPPR #FBPE #RejoinEU #PropRep Sue Wilson Bigger in what sense? Combined GDP is lower. I guess it does cover more of the earth's surface 🤷♂️
In terms of value to the UK, it's estimated it will increase GDP here by a staggering 0.08%
Leaving the EU cost an estimated 4%
Laurie White Wisdom of Winston Arron Banks According to the UK government’s own projections, the estimated long-run increase in its GDP from joining CPTPP is 0.08 per cent. Moreover, the UK already has bilateral free trade agreements with nine of the eleven current CPTPP members, which limits potential economic effects.
Truss dropped climate targets to get a bad trade deal with Australia
Badenoch capitulated on palm oil to join CTPTT for 0.08% of GDP
Anyone see a pattern a weak country that sells out to get 'pretend results'
#ToriesOut322 #SunakOut213 #GeneralElectionNow
Sky #voteanyonebutliblabcongreen Marty Fishwreck Gully Foyle #UKTrade 'The estimate indicates the value of a 0.08% increase in GDP (as a central estimate) as a result of the FTA in 2035.'
Catherine McBride But the govts own assessment of joining CPTPP says:
'The economic benefits appear to be small. The Government’s scoping assessment indicated the long-run increase in GDP would be 0.08% but could be higher if other countries, such as South Korea, join the bloc.'
🌹Chris Lost Lost Chris (Living without filters) Sir jimbo j of Ilson Victor Magie.🇪🇺🇩🇪🇬🇧 #FBPE #followbackfriday Martín Johnson Out John Cathy 🌻 Jon Hill barry carter Jimblinds Andrew Bonar Law AKA "FJ" Michael CLARK A J Andrew Sibley LaughingGravy marc Jerry Ze Bog Cleaner #VoteAnyoneButLibLabConGreen James Salty Jock Blogs🐷 LordOfFreedom BrightBritishFuture Lockethenes el-luter Big steve_wen 🇺🇦✈️ Geoff Barton🇬🇷🇬🇧🇪🇺 the musical bouncy ball Viv Cooper musicallyminded Chris Evans 🚪🏃♀️💨 Lieutenant Gonville Bromhead Bob Edwards David Richardson Guider of flocks🇬🇧🏴🏴 Chris-Let's Invoke Final Provision 8. Charith Ruckmal Chris Sambuka Deported KingFrederikSports Liz Webster O👽bo It won't work that way, it'll only smear. Captain Haddock 🇬🇧🏴 here for the brexit lolz Albaa Maha Nathan Dennis 🇺🇦 Maniac John Bouchard (((Robin Levett))) We already trade with the Pacific nations.
The new deal increase is a mere 0.08% of GDP
Europe hasn’t failed.
David C Bannerman Would I be right that in a democracy you can change your mind based on evidence? Or simply just change your mind? The EU is the richest single market in the world, CPTPP is worth just 0.08% of GDP, so you’re kidding right? Finally, for your geographically challenged followers.
pluto ellis edmond beale Andy Mayer Kristian Niemietz wants more empty houses in 🇬🇧 So you've gone from 'German recession proves brexit's value' to 'we can't know for at least 20 years'
We can know because there are no credible prosoects of success
A US FTA is inly worth 0.2% of GDP
CPTTP membership inly worth 0.08%
There's nothing credible to make brexit work
Coming soon: another woeful Brexit 'benefit' being negotiated by Bad Deal Badenoch.
The '£9 trillion CPTPP' gains us 0.08% GDP in reality.
Next up - the '£1 trillion Gulf States' deal.🤔
Narrator: But Brexit costs us a 4% GDP hit.
#badenochOut #toriesout #torybrexitdisaster
Mick C Matosis 👍🪙💷 Home Office Lost EU trade is £100bln a year and rising
Tax on that trade is £40bln & equates to 4% of the UKs GDP
The CPTPP is worth maybe 0.08% after 10 years to the UK
The CPTPP standards are different from the EUs, so we need to manufacture to 2 different standards as well, which costs
Dave Brown 🇬🇧🏴🇬🇧 Marty Fishwreck Gully Foyle #UKTrade 'The estimate indicates the value of a 0.08% increase in GDP (as a central estimate) as a result of the FTA in 2035.'
Big Craig. Andy's balance and polite , ish 🏴🇺🇦 DamienXTR Charles James Europhile Captain Haddock 🇬🇧🏴 Geoff Barton🇬🇷🇬🇧🇪🇺 thefactroom Sir jimbo j of Ilson 🌹Chris Lost Lost Chris (Living without filters) David Vaporium Name cannot be blank David Richardson REC PM Chris, the ambassador for Wokeland... Martín Johnson Out somechewlip Guider of flocks🇬🇧🏴🏴 Cathy 🌻 Phoney Italian Niceness barry carter 25 years in Mensa Charlie-The Original 🇬🇧🏴 FactlessTreason stevens_craig Iain - I stand with Ukraine 🇺🇦 Roger Smith 1 of 16.1 million 🇬🇧🇪🇺🇫🇷 Viv Cooper 🗽Geor Michael CLARK B Roman Romancing 🇪🇺 Steve Analyst Jim Cornelius The Cable £/$ Guy Sir Juliette Pointoin Makin plans 4 Nigel Chris Evans Brian Warner Seán Ó Riain 🇮🇪 RicoC #The90% Matt Adkin Cathy111 Alison Stewart the musical bouncy ball Marmaduke Maddy McManous Going down since when?
CPTPP is estimated to give 0.08% GDP increase.
We already trade with most of the members.
Ferdinand64 Gail Heaton Gavin Esler 0.08% GDP growth, from a pact that will see trade causing carbon footprint increase in transport, where imported NZ Lamb will see UK farm sources priced out of business. Your idea of a great Brexit win is laughable, just like JRM. Plausible comedy duo? I'm not laughing.