Another Benefit of Brexit?

vegansrock

But on balance if we lol at the decline of the U.K. since 2016, there are many more businesses suffering than flourishing . Not sure of those flourishing? Debt collectors? Pawn shops? Food banks?

Again, I am quite sure no list will come forward.

GG13, this kind of comment can't be made without backing it up. Not only a list, but figures. How much lost and how much won- what is the balance?

I am surprised at all these businesses apparently flourishing as we are currently in a recession with no growth and no hope that it will improve in the foreseeable future.

https://www.gransnet.com/uploads/talk/202209/medium-202390-2e1cb3c5-0846-4b50-8878-ff75b2be92f5.png https://www.gransnet.com/uploads/talk/202209/medium-605268-9c5143fd-fc2f-42f2-a8e8-827102f6a741.png

This just popped up?

I’m sorry, but I prefer to assess how Brexit has affected businesses from sources other than Gransnet members’ own experiences, which can’t be representative. This is one recent report from the Independent Resolution Foundation think tank, there are many more assessments from different economic forecasters available, and they paint a grim picture.
www.resolutionfoundation.org/press-releases/brexit-has-damaged-britains-competitiveness-and-will-make-us-poorer-in-the-decade-ahead/

Fleurpepper

vegansrock

But on balance if we lol at the decline of the U.K. since 2016, there are many more businesses suffering than flourishing . Not sure of those flourishing? Debt collectors? Pawn shops? Food banks?

Again, I am quite sure no list will come forward.

GG13, this kind of comment can't be made without backing it up. Not only a list, but figures. How much lost and how much won- what is the balance?

If you think I am going to publish my company accounts on GN you have got to be joking.

What I will divulge is that we are still very much in profit, all employees will be receiving a salary increase this month, along with bonuses next month. This is also what other Co.Directors in our line of business are telling us also.

Closer to home, in the last three months, the newly vacated shops in our High Road have been let immediately. Whilst I appreciate that this may not be the same U.K. wide, it is what is happening here.

GrannyGravy13

This just popped up?

Well it sounds positive.

Not talking about your accounts- but the balance of businesses lost or seriously affected and on the brink, and their figures, compared to those doing better now.

Casdon

I’m sorry, but I prefer to assess how Brexit has affected businesses from sources other than Gransnet members’ own experiences, which can’t be representative. This is one recent report from the Independent Resolution Foundation think tank, there are many more assessments from different economic forecasters available, and they paint a grim picture.
www.resolutionfoundation.org/press-releases/brexit-has-damaged-britains-competitiveness-and-will-make-us-poorer-in-the-decade-ahead/

I am not disputing anyone else’s forecasts or figures, I am only posting what I know, see and hear.

(We are in the S E and trade inside and outside of the M25 and beyond)

Whitewavemark2

GrannyGravy13

This just popped up?

Well it sounds positive.

That’s what I thought.

Fleurpepper

Not talking about your accounts- but the balance of businesses lost or seriously affected and on the brink, and their figures, compared to those doing better now.

What would you like me to do, post names of company’s and their profit and loss sheets?

I have already said that I am posting about what I know

Then clearly you don't know enough, I am sorry to say.

? of course most businesses are still in profit. We would be a completely failed state if not.

What is indisputably happening is that economic activity is slowing, exports are falling and tax revenue has slowed.

Fleurpepper

Then clearly you don't know enough, I am sorry to say.

And you are exceptionally rude, how dare you say that I do not know enough!!!!

We have been in our trade for over 40 years, know it inside out.

What exactly do you do?

Fleurpepper

Then clearly you don't know enough, I am sorry to say.

Did you look at the link I gave or is it too upbeat and positive for you ?

(We are in the S E and trade inside and outside of the M25 and beyond)

Do you trade with Europe?

Was most of your trade with Europe?

Many of the anti-Brexit mindset are absolutely determined not to be pleased about good news GG13 even though you know of what you speak.

You’re flogging a dead horse woman. ?

MaizieD

^(We are in the S E and trade inside and outside of the M25 and beyond)^

Do you trade with Europe?

Was most of your trade with Europe?

Import yes (from Europe & Asia) some exports depending on where our customers are working.

There is more paperwork agreed.

GrannyGravy13

Fleurpepper

Not talking about your accounts- but the balance of businesses lost or seriously affected and on the brink, and their figures, compared to those doing better now.

What would you like me to do, post names of company’s and their profit and loss sheets?

I have already said that I am posting about what I know

This is exactly what YOU said, you only know what you know- about your business. And it is not enough to get a proper and full picture of what is happening to trade in the UK currently. Clearly, your words, so not rude at all.

GrannyGravy13

MaizieD

(We are in the S E and trade inside and outside of the M25 and beyond)

Do you trade with Europe?

Was most of your trade with Europe?

Import yes (from Europe & Asia) some exports depending on where our customers are working.

There is more paperwork agreed.

Surely more than 'just paperwork' and the costs attached, in so many ways. Sterling is so so low now, the lowest ever against some currencies- so importing will be much more expensive, whichever business requires any imported goods.

As well of course as medicines, essential chemicals, vaccines and a vast number of other utilities, foods and anything involved in international supply chains.

The number of UK businesses exporting goods to the EU fell 33 per cent to 18,357 in 2021, from 27,321 in 2020.

www.thelondoneconomic.com/news/hmrc-data-confirms-brexit-has-decimated-uk-exports-335181/

Imports are coming through as they were pre Brexit because the government doesn't dare implement the Brexit rules for imported goods.

So, fine for importers.

MaizieD

^The number of UK businesses exporting goods to the EU fell 33 per cent to 18,357 in 2021, from 27,321 in 2020.^

www.thelondoneconomic.com/news/hmrc-data-confirms-brexit-has-decimated-uk-exports-335181/

Have those figures taken Covid into consideration?
I know some stats have been adjusted to do so.

I am not saying that all businesses are flourishing, there always have been business failures, Brexit has complicated matters and I am not denying that I just want to let people know that many are doing perfectly ok.

But quite possibly (or even probably) some of these businesses will have found alternative markets for their goods. One third sounds a huge amount - yet there’s little or nothing on the tv news about this.

Brexit threads are rather Groundhog Day

If a poster comes on with a bad news story they get support and agreement however, if a poster has positive news it is met with disbelief.

It’s as if posters are queuing up waiting for me to post that my business has failed and my employees are all out of work?

Not at all, we are however expecting people to look at the wider picture, and not just they own business.