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Economic
We have just come out of a pandemic where we closed down the UK in Lockdowns, just as many if not all EU countrys did.
However, let me show you something.
London is the best place in the World for young people to make their name.
The Forbes '30 under 30' rankings for Europe, North America, Russia, Asia and Africa it was London that came out as the best city in the world for entrepreneurs and other achievers aged under 30 to set up a new business and prosper, become an inventor of games, a successful actress, or a world-ranked athlete.
The great news of this latest World №1 comes on the back of recent rankings showing the United Kingdom to be the best in Europe. So far this year This was in 2022
Then we have this
The amount raised from new company listings in the UK markets in 2021 was £13.9bn - almost three times 2020 and crucially more than three times higher than pre-pandemic 2019 - the last full year BEFORE the official Brexit.
New company listings included Dr Martens plc - which raised £1.3bn - and Deliveroo - which came top with £1.5bn raised.
The massive increase in numbers for the City after Brexit
In 2019 only 35 companies were listed in the City, while in 2020 that rose to 38 even during the pandemic - but these numbers were trounced by a whopping Brexit bonanza last year of 108 firms coming to market and raising nearly £14bn in capital via the City.
New company listings in London's markets
Year and number of IPOs raised
2019: 35
2020: 38
2021: 108
A total of 53 companies debuted on the City's 'main market' of the London Stock Exchange, raising £11bn, against only 22 companies in 2020 and 25 in 2019. The remaining companies raised £2.9bn of capital on the junior market, AIM, with 55 companies in 2021, 16 in 2020 and 10 in 2019.
Sources: London Stock Exchange (LSE) | Federation of European Securities Exchanges (FESE) | KPMG ]
Then what happened in 2022? War broke out that hit the whole of Europe. Pity you dont mention that all the EUs economies are down, some worse than ours in the UK.
Germany for instance. German economist Holger Zschaepitz pointed out quite a few times that Germany was now officially the poor man of Europe, not the EU but actualy Europe which the UK is part of .
Today for instance he has said this
Good Morning from Germany where the explosion in mortgage rates has meant that even the upper middle class can no longer easily afford a property. German 10y mortgage rates are on course to 4%, 15mths ago, the mortgage rate was 1%
Yesterday 2 March Good morning from Germany that just experienced a plunge in affordability shock in real estate. 10y mortgage rates (so-called Pfandbrief yields) have jumped to 3.42%, near a 12y high. In order to afford to buy property at higher interest rates, housing prices would have to fall 35%
The latest data from OECD shows enormous food price rises across Europe
Food price inflation is higher in the EU than in Brexit Britain.
The OECD's data showed massive increases in food prices in some EU countries and even greater increases in other European countries. They showed that Brexit Britain has LOWER food price inflation than the EU27 average.
Food price inflation in Europe
It's worse in the EU
EU27: 17.3%
UK: 16.4%
The Top 10 highest food inflation rates are in the EU, NOT in the UK
Hungary: 42.9%
Lithuania: 33.7%
Latvia: 29.5%
Estonia: 28.0%
Slovak Republic: 26.0%
Czech Republic: 25.1%
OECD - Europe: 23.5%
Poland: 22.0%
Germany: 19.2%
Portugal: 18.6%
EU27 average: 17.3%
Slovenia: 17.2%
United Kingdom: 16.4%
For food prices to go up in the UK is of course worrying for a great many people. The fact that they are not going up in the UK as much as they are in the EU may not be much solace. All I can say is that it could be worse. We could still be in the EU….
You mention unemployment in the UK.
OK let's look at unemployment in EU countrys
Unemployment in the Eurozone remains stubbornly high, compared to the UK
Latest official figures for Sept 2022
The average unemployment rate in the UK: is 3.5% (the lowest for 48 years)
The average unemployment rate in the Eurozone: is 6.6%
[Sources: ONS (UK) and EU Commission (EU).]
Youth Unemployment is much lower in Brexit Britain
The average youth unemployment rate in the UK: is Lets look at inflation 7.5% (and falling)
The average youth unemployment rate in the Eurozone: is 14.6% (and rising)
[Sources: ONS (UK) and EU Commission (EU).]
Let's look at inflation, it's a good guide to how well a country is doing.
Below I show the latest annual inflation rates for the UK and for the Eurozone in September 2022. I have used the preferred measure for inflation used by both the Office for National Statistics (ONS) and Eurostat (the EU's equivalent of the ONS). It is known as CPIH and is deemed to be the most accurate measure of consumer price inflation.
Annual Consumer Price Inflation, Sept 2022 - the UK compared with the Eurozone
UK: 8.8%
Eurozone: 9.9%
[Sources: Office of National Statistics | Eurostat ]
More than half of all Eurozone countries now have double-digit inflation
In three of these, inflation is running at over 20%
Even the EU's economic powerhouse Germany is now at 10.9%
Highest Eurozone inflation figures for 25 years, since records began
Germany's economy has flat-lined, with a recession forecast
[Sources: EU's statistics agency Eurostat | Germany's statistics agency Destatis.]
Estonia 24.2 %
Lithuania 22.5
Latvia 22.4
Hungary 18.6
Czechia 17.1
Netherlands 17.1
Bulgaria 15.0
Poland 14.8
Slovakia 13.6
Greece 12.1
Belgium 12.0
Germany 10.9
Slovenia 10.6
The annual inflation rate in the UK fell to 10.1% in January of 2023 from 10.5% in December, below market forecasts of 10.3%. Inflation fell for a third consecutive month to the lowest since September last year.
I won't bother showing you/ your followers anything else I can't be bothered. on just two points I have shown you are quite wrong.
Except to say you are also wrong on the shortage of fruit and Veg and to blame it on Brexit when a simple Google search will reveal that it's the weather in Spain and Morroco that is the cause of not just the UK having a shortage but also the rest of Europe. A simple search and you would have seen this from Spain. https://www.fruitnet.com/eurofruit/spain-struggling-to-meet-european-vegetable-demand/248378.article
Notice it says European and not just the UK.
According to Fepex, tomato volumes are down by 22 per cent in the first five weeks of 2023 compared to the year-earlier period, while cucumbers are 21 per cent lower and peppers and aubergine volumes have fallen by 25 per cent. Almería accounts for 40 per cent of Spain's vegetable exports.
