The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The first major free trade agreement signed by Britain after Brexit has been branded a failure after new figures showed exports had fallen since it came into force.
Liz Truss signed a “historic” deal with Japan as trade secretary in October 2020, describing it as a “landmark moment for Britain”. It was claimed it would boost trade by billions of pounds and help the UK recover from the pandemic.
However, figures collated by the Department for International Trade show exports to Japan fell from £12.3bn to £11.9bn in the year to June 2022. Exports in goods fell 4.9% to £6.1bn and services fell 2% to £5.8bn.
https://www.theguardian.com/politics/2022/nov/26/brexit-britain-japan-trade-deal-exports-slump?CMP=Share_AndroidApp_Other
Big oooooof.
Yeah, people need houses, and the UK gov is looking to scrap their commitment to building 300,000 new houses per year because of labour and material shortages. I wonder what the cause of that could be?
So Brexit will help a market that is already red hot? Great, I'm sure that will help the average person in the country that already can't afford to get on the ladder.
Let me know when Brexit helps literally any other market in the UK...
All Russia can do is throw humans into the meatgrinder, lose territory and bomb infrastructure. I'm gonna ignore the nuclear option, because it doesn't bare thinking about.
Eventually Russia WILL un out of meat, it WILL run out of territory and it WILL run out of money to buy bombs.
If this is a war of attrition, it's Russia versus the combined financial and military support of the West. They do not have a snowballs chance in hell of winning.
If they don't already realize that, they will soon enough.
"I just returned the serve using your logic."
So it's all just a game to you? Calling me "r@cist" based on absolutely nothing, "well I'm just returning the serve!"
Good to have in black and white that the value of your words is zero. I'll remember that going forward.
"Getting the state to help with your mortgage...Whatever next from the looney left ?"
So you hear one silly question from someone on the radio/telly and suddenly you think that represents the entire left-wing demographic? I'd love to see any source of any prominent left-wing person that has ever advocated the state pay mortgages. You can cherry pick idiots from either side of the political spectrum fairly easily, but that is no basis for an argument.
It's kind of like calling all supporters of a political party "r@cist" because a member of the party did something "r@cist" once. It's quite a stupid argument.
But who am I to get in the way of sweeping generalisations that contribute nothing to the argument? It's far easier just to take cheap points based on nothing than actually come up with intelligent arguments, isn't it?
You are aware that EVERYONE can be getting shafted right? Maybe you just love getting shafted, who am i to judge. Personally, I don't like paying 3x for the same amount of gas as last year, while Shell, BP etc make bumper profits.
But sure, turn it into some weird Euroskeptic point instead...
You bored blaming me and Labour for a Tory policy now? Lunatic. It's just one stupid argument to the next with you isn't it? Maybe you could just grow a pair of stones and admit we're all getting shafted, rather than sticking your head in the sand and your @rse in the air?
I've made this point repeatedly on here. It's in everyone's best interest that society works from the bottom up. If the lower and middle class can't buy anything, everything gets a bit mangled, including for those at the top.
It's all fairly basic economics, not to mention just sane ethical positions to take - but good luck trying to explain any of that to a me-VS-them Tory that will literally argue with you about anything.
TheFarEnd today criticizing me and Labour for a windfall tax that the Tories want to implement, while not criticizing the Tories themselves, just shows you the insane mental gymnastics they'll go through to avoid any personal reflection.
"Strange to hear people arguing so strongly for a giant American corporation with huge and rising profits should pay no tax here, when people in the industry say it would be appropriate. A windfall tax is perfectly justified."
They are arguing against it simply because they are right-wing Tories that only care about themselves. That is genuinely it.
I have never seen a single compassionate statement about the welfare of others from any of them on here. I have genuinely never seen a single comment from any one of them that wasn't entirely motivated by their own self interest.
Any person in the UK with eyes and ears to the ground know that individuals and small businesses are being shafted by gas and electricity bills, and it all filters down through the economy and makes things worse for everyone, bar the very few right at the top. We all get poorer, we all have less independent businesses in our community, we all save less and have fewer options, all so a few obscenely wealthy individuals can have a little bit more.
"The tax credit or offset was due to costs associated with the dismantling of old platforms and losses tied to investments in new fields."
Soooo losses subsidized by the taxpayer and profits kept for themselves, lovely system.
I did read on! What I read is that the boss of Shell said something was a good idea as it looked after the poorest in society. That is a person that is capable of displaying some empathy. I understand that is confusing to you.
What I then further read was a different person saying planned investment "might not go ahead", which doesn't really mean anything..
Then I read even further and saw some absolute lunatic call something a Labour "flagship policy", criticize them for that, while completely ignoring that they had written MERE SECONDS EARLIER that the Tories had, in fact, implemented that very same policy.
Do you know how insane it is arguing with someone like you that tries to make me and the Labour party (who I don't support btw) out to be bad for suggesting something that the Tories are actually doing?
Do you know how mad it is you are literally, physically incapable of criticizing the Tory party, even though they are doing things you are literally, right now, complaining about?
Do you know how absolutely insane it makes you seem?
I do own shares. I sold most around 46p and bought back in around 40p. Try not to say trade cause I'm generally useless at it.
Then again, it's not really any of your f*cking business and since you're convinced I lie about everything I don't suppose my answer really matters to you anyway.
You know you can not believe in absolutist capitalist dogma and not be a communist. In case you haven't noticed, it's generally not a great idea for inflation to run rampant and guess what happens when every single small business and person in the country is at the mercy of gas companies rising prices to massive profit?
I know you struggle to understand what communism is, because your general political ideology is Tories good, everyone else bad, but I can assure you, I have about as much in common with a communist as you have in common with a decent human being.
I sit and moan because everyone in this country is being shafted by increasing gas and electricity prices while the companies that set the prices for these commodities are magically making record profits.
If you are happy at being fleeced by some of the richest companies on the planet, then that says more about you than it does about me. I assure you, I speak for the vast majority of the people in this country.
Oh how would we EVER survive without billionaires?!
God the capitalist sycophants never cease to amaze. I assure you, you'll never be part of their club, no matter how much you lick their boots.
Billionaires should not exist, billionaires are an example of a system that is broken.