Jill Rutter on Common Ground: Has Brexit broken the economy?

Trevor Philips asks Former Chancellor of the Exchequer Lord Ken Clarke, Entrepreneur and Leader of Reform Party UK Richard Tice, and UK in a Changing Europe Jill Rutter if Brexit has broken the economy to see if they can find some common ground.

[@graemekeable8461]

To deny brexit has completely distroyed the UK is like saying the earth is flat

[@susannamarker2582]

Calm down.

@@susannamarker2582 Wake up.

[@susannamarker2582]

@ Be quiet.

[@simonpitt8145]

Yeah, because we're really destroyed aren't we? We're all starving on the streets, without jobs and fuel and with our homes all collapsing around our ears and unable to go anywhere on holiday or to the pub or cinemas or restaurants and whatnot. If you want to know what the word _destroyed_ means look no further than the Ukraine.

[@georgeszurbach444]

No one talks of Brexit in Europe, its amazing to see how traumatic this still is for the English people.

[@louis-philippearnhem6959]

I agree! Greetings from Belgium.

[@charlysantamaria8646]

Agreed, greetings from Spain

[@Aldo_Regozzani]

Agreed, Greetings from Germany!

[@javierlav]

If you work in supply chain, transport, logistics, taxes (VAT)....you sure do.....

[@kleanthdruga5529]

I am constantly between 3 EU countries, and brexit was only discussed after the referendum results. Since then, no one ever mentions it, in the news, daily life, small talk ... absolutely no mention of it, ancient history.

[@kevingrant7098]

12 years ago there were 29 billionaires in the UK now there are 172 that’s where all the money is gone

[@JerzyFeliksKlein]

Why a snake oil salesman like Richard Tice is invited to serious discussions is beyond me.

[@roysimmons3549]

You said it.

[@michaelthistleton8837]

Snake oil is disillusioned as are all brexiters

[@simonpitt8145]

I actually thought it was one of his better performances, although I'd agree he hasn't been very convincing in the past.

[@Ms777Lena]

Well, if you want somwone to convince people that brexit is not at fault, you need a snake of a salesman.

[@SirAntoniousBlock]

Brexit has been brilliant not only as a boost to EU economies but also to the progressive bloc within the EU parliament with the removal of English MEP's, to say nothing of the advancement of Irish reunification and Scottish freedom.

[@genome616]

So why are the EU nations suffering the same economical issues as the UK, China the US too, are you going to blame Brexit on those as well, also 1month after we left the EU we went into lockdown for covid, 2 yrs later we entered globally energy rising issues, a Russian war and rising inflation which effect most of the global economy.... so please tell me where there is any reliable data on GDP and trade that has managed to give any comparison to economic growth which allows for the different ways, effects and resolutions those nations used to get over the fore mentioned hurdles - remind you the UK gave businesses and workers the most generous financial help in lockdown globally, it is up there giving the most generous energy cost help all of which effects GDP - The Stock Markets last year in the UK saw a 1% increase, of the USA and Europe they saw a several % fall, the UK is still in its position in the global largest economies, if brexit did what these channels claimed then the above would demonstrate that but they don't, we are making new trading deals like the FTA with Australia that has seen a 58% increase with them, this does come with a trade off on EU trade as we are reducing dramatically the imports as we source more variety and lower prices, Ireland is a prime example, the UK is reducing Irish beef imports by up to 60% as it expands it trade with non EU nations, this reduction in trade with an EU member is not because our economy is going down the pan but the opposite yet channels like this only focus a small window on a figure to keep the bigger picture out of it because that would expose their clear biased and the fact they are funded by sources that can be linked to pro EU sentiment.

[@SirAntoniousBlock]

@@genome616 They're not suffering anything to the same degree and inflation is much lower, the rest is just normal fluctuation the UK is coming from such a low base, the UK is in a terrible state compared to other developed countries but if you find it more comfortable to live in denial and delusion in your little brexit workers paradise be my guest.

[@MrJudge51]

@@genome616 Keep up a good stiff upperlip mate. And suffer. 😂

[@genome616]

@@MrJudge51 no suffering, I run a business and we have loads of work in thank you very much.

[@MrJudge51]

@@genome616 righty righty

[@valicourt]

“It will be up to 50 years before we can reap the rewards of Brexit.” Rees Mogg 2021 Seems he was right about that one

[@markthompson6540]

The infamous EU “Level playing field”: FACT: nearly 50% of all State Aid approved by the EU was for Germany. The United Kingdom received approval for 3.9% of all State Aid. FACT: in 2020 huge amounts of subsidies - totalling nearly £10 billion - were given to the German airline Lufthansa and vast Corporation Tax breaks were given out by the German Government, with the rubber-stamped green light from Brussels after minimal scrutiny. FACT: In 2020 EU gave the green light to a €5 billion rescue package to the French manufacturer Renault - despite the French State already owning 15% of the company FACT: In 2020 the UK were reprimanded by the EU and the European Court of Justice (ECJ) with claims that measures implemented by the UK Government in response to the COVID-19 crisis had broken EU rules. That “Level Playing Field” seems to slope towards Germany and France.... The French government bailed out airbus against EU rules. As are all economies people! It's called a world recession, it's happened before and will happen again. But so long as the selfish pillocks keep striking then recovery will be hampered. Lost trade with the EU? We buy far more than they from us, If BMW, VW and Mercedes wish to stop selling us their cars (UK is the biggest sole market for VW group in the world) then let them eat Russian gas/oil! Construction industry training board. Expecting unprecedented growth in next few years and need trainees. So the UK economy is struggling? Project Fact: Friday News 1/7/22 Round-Up that they don't like to tell you about: 🇬🇧 Renishaw: £50 million investment 🇬🇧 Rolls-Royce: 850 new jobs 🇬🇧 BAE: £500 million Typhoon contract 🇬🇧 British Steel: £80 million investment 🇬🇧 JCB: 200 new jobs 🇬🇧 Ciner: £390 million factory, 600 jobs 🇬🇧 GSK: £90 million factory 🇬🇧 Smith+Nephew: £80 million factory 🇬🇧 Nissan: 300 new Sunderland jobs 🇬🇧 TopHat: New factory, 1,000 jobs #GlobalBritain #readytotrade #brexit So much for Obama once saying Britain would be 'back of the queue' as International Trade Secretary Anne-Marie Trevelyan reveals at least six high-income economies desperate to get trade deals with the #UK. Since leaving the EU, the UK has signed 70 new free trade deals and the Trade Secretary says more countries are "queuing up" to get a post-Brexit deal with Britain... #Brexit Thursday’s EU-NZ trade deal took decades - Brexit Britain did it in 20 months. UK signed its trade deal with New Zealand 4 months ago - beating EU’s years of talks. For your #Brexit summary click here: capx.co/the-progressive-case-against-the-eu-is-becoming-clearer-by-the-day/ "A billion euros in aid to Ukraine, €35bn to Putin for his gas and oil. The insta-audit of the EU’s 2022 spending priorities raced around Twitter, last week and made even some die-hard Remainers see Brussels and Berlin in a very different way. Remember that tearful ‘This is our star, look after it for us’ video from the merry prankster at LedByDonkeys? It perfectly captured what most of my friends had come to believe: that Britain was foolishly abandoning something precious, decent and progressive. But it made me fume. Then again, I was in a peculiar and lonely part of the political Venn diagram back then: a Labour member who’d campaigned for Brexit, sympathetic to Theresa May’s attempt to forge a compromise deal, sickened to see the Brexit vote and Brexit voters dismissed, demeaned and de-legitimised, wary of Boris Johnson’s promises, but determined to see the referendum result honoured. More than anything, I was trying to make the case that the EU was never the caring, sharing nirvana of the Donkey boys’ imagination. And trying to remind people - well, my few hundred Twitter followers - what most of us on the left had believed about the EEC and EU for decades before 2016. That it was a mean, stern trade cartel that froze out the developing world, prioritised the interests of capital against labour and primarily served the interests of German car makers and French landowners." #brexitgood #BrexitReality #Brexit #BrexitNews #brexitgoodnews #brexitsuccess

[@markthompson6540]

@Yakov Shani I personally wouldn't care if it took a 100 years. What I do care about is not pissing away the small amount of democracy we have left. Apart from that the UK could be fine IF our politicians stopped xxxxxxg about.

[@markthompson6540]

@Yakov Shani3 minutes of comedy TRUTH kzbin.info/www/bejne/gYetemZ-fdiKr8k I'm aware But we have to try and the untrustworthy UNDEMOCRATIC EU is the start

[@vivo-audio]

Even the Bankers don't project that far ahead and they own the world, so for JRM to suggest 50 years AFTER the UK left the single market is nothing more than words. The only thing that came true was project fear. Waving flags, singing the national anthem and crossing your fingers does not help save a dying economy.

[@markthompson6540]

@@vivo-audio 21/7/22 Project Fact: Today the European Central Bank just increased interest rates by half of one percent or twice the 0.25% rise that was expected to 0%. Yes you read that right. Zero percent interest rates for the Eurozone going forward rather than negative ones. So before today and for the past good few years the Eurozone has had to effectively pay banks and people to persuade them to borrow, so dire have been the economic performance and prospects. The complete opposite of the rational logic that you pay a positive rate of interest above zero in any situation to borrow funds based on the risk and reward. However, with deflation or falling prices after 2012 the European Central Bank had no other option than to lower interest rates below zero to try to kick-start growth again. The ECB has now been forced to raise interest rates, not because of a healthy economic recovery but due the rampant inflation averaging 10% across the EU with Lithuania and Estonia leading the way with inflation of over 20% which is eroding living standards. This steep and sudden rise in interest rates risks a serious recession so the EU is in a Catch-22 situation between inflation and lost output. This with the likes of Italy teetering on the brink with a totally unsustainable national debt of 150% of economic output (GDP) and no growth to ever pay that down to a normal level (considered to be under 80%). These negative interest rates measures have also been be accompanied by historically unprecedented amounts of money printing/ quantitative easing in the EU since the Eurozone Crisis in 2012. Since 2012 the Eurozone has printed money equivalent to 82% of its own economic output (GDP) compared to QE of only 36% for the USA and 39% for the UK in order to try to prop up economy activity and growth in tandem with extremely low or, in the case of the Eurozone, negative interest rates in order to avert a global economic collapse. This money printing has finally fed through to a spike in inflation due to the Pandemic supply chain crisis and the war in Ukraine. So when your Remainer friends remind you about how you got it "wrong on Brexit", read this post to yourself and to them to remind them that their view of the European Union is actually "Pie in the Sky" economics. History will show that the UK is literally a life raft moving away from the edge of the cliff/ waterfall, having gotten out just in time thanks to the narrow 2016 referendum result. Source: The Telegraph - see related articles in the Comments section. Photo: Ben Garrison #GlobalBritain #Brexit #ReadyToTrade UK economy vidio kzbin.info/www/bejne/f3_QnJyOjcmYaQ

[@haraldbjthunem4059]

BREXIT= When UK volunterily shot herself in the right foot, thinking : Now I'll be a better runner !

[@Aldo_Regozzani]

Not in the Foot, in the Head!

[@rickyhay]

Freedom of movement was the best thing about the EU - I was looking forward to retiring in the sun, now I can’t. Thanks a bunch. My pension doesn’t qualify me for a visa and I can’t afford the health insurance we need now. So I’ll clog up the NHS instead. Brexit is mental.

[@goru426]

We are considering Turkey for retirement in the future. There is large English speaking community there. The Aegean Sea coast is like paradise and prices are really affordable. It's only 2 hours flight from any part of Europe.

[@cormackeenan8175]

“Daft EU regulation” have not hindered the eastern european members for the most part they’re booming Poland would be a good example and as for the Republic of Ireland it’s the poster boy of the success of the EU. The UK’s systemic problems is because you have woefully poor management stuck in a 18th century mentality and a society build on rank and privilege. What does Jacob Rees-Mogg business actually produce?

[@brianbell3836]

Cash.

[@karlosthejackel69]

Doesn’t Rees Mogg own like 7 business’s. He contributes more in tax (and that’s all we are now, tax cows) than you will ever contribute

[@cormackeenan8175]

@@karlosthejackel69, Somerset Capital Management has a singular focus on asset management in Emerging Markets and Asian equities. All of our strategies are 'long only' and as such we do not engage in short selling. That why he’s so keen on joining the CTPPT, you’re being made fools of.

[@brianbell3836]

@@karlosthejackel69 Rees-Mogg moved a large part of his business to the Irish Republic to stay in the favourable EU. Meanwhile, he goes around saying the EU is an enemy of freedom. Go figure that one out. Sounds like hypocrisy to me.

[@karlosthejackel69]

@@cormackeenan8175 that explains your picture

[@rhobatbrynjones7374]

Tice once again repeats a tired Brexiteer refrain that the EU is punishing the UK for having left the EU in the first place. This is infantile nonsense. It was well known at the time that the consequence of leaving the EU was that the UK would become a third party country. What we are experiencing now is the reality of that. Tice needs to grow up and accept responsibility for the consequences of Brexit.

[@derekmab7734]

They left club membership but still want to get access free of charge, otherwise moan, seek attention and become a miserable spoilt victim. They are an utter disgrace.

[@rhamel-su5pi]

Richard Tice is clearly wrong about cheap labour, or at least only partially right. Firstly, we are not the only country that had freedom of movement over that period, yet we had the problem. Secondly, our growth since the mid eighties has been finance led, which is useless to most people, and thirdly, I guess he'll be supporting the strikers then, if he wants higher wages... but they never really mean that.

[@garyroberts3680]

He also said the companies paying low wages are struggling to recruit because the companies down the road are paying 20% more. So the higher paid jobs have been there all along, meaning the same workers always had that opportunity to go elsewhere. That would mean that those wanting cheaper labour would have had to increase their pay already. He is as good as contradicting himself in the same sentence.

[@catinthehat906]

What you are forgetting is that the UK was one of the only countries in Europe that did not use the EU restrictions to limit the inflow- unlike Germany for example. This was because Blair was advised by Christian Dustmann a German Economist at UCL that only 13,000 per year would arrive whereas the real figure turned out to be 20 times that. There is no incentive the automate and mechanise if you can employ people cheaply, although it doesn't take into account the tax credits, housing, education and healthcare costs. You have to earn over 40K a year to be a net contributor. That's why automated car washing closed down and was replaced by thousands of people with flannels.

[@n0w3lly90]

If you respond to high inflation by inflating wages - and in turn - adding taxation burdens to taxpayers who are responsible for bankrolling the public services, then you seriously risk causing even worse inflation... throwing extra billions at an already inflationary problem is not going to reverse the inflation or even meet it: it is going to exacerbate it. That is exactly what happened in the late 1970s when the response to inflation was also mass striking for higher pay, getting it largely granted and then inflation surged towards 30%! And what if all those in the private sector demanded the same? "We all want inflation busting pay rises too" could happen. Then the over supply of money in the economy would get worse, as would interest rate rises attempting to control that rise

[@sandhurstwolves3956]

People on sickness benefits for all sorts of reasons but getting them working in factories in low paid work is not exactly an incentive

[@matthewfoley3929]

@@n0w3lly90 1) there was inflation before the request for pay rises. There is little to no evidence that increasing public sector pay has a significant impact on inflation. Importantly, workers are generally not asking for above inflation rises, but just to match inflation as it is. 2) private sector employees have received an average 6.9% increase. Public sector workers are lucky to get 3% and have had below inflation rises for a decade. 3) there has been little impact on the earnings of top earners and infact tbe super wealthy are currently seeing their wealth increase. 4) if making sure rich people get to keep more money leads to the economic growth that we need, then why have we had the lowest growth period in our history for the last decade, whilst having some of the lowest taxes for the wealthy we have ever had? Conversely why did tge 50s and 60s see an economic boom when we had the period of highest wealtg taxation? 5) wages are so low now in the public sector that most services are struggling to receuit and retain staff. This is because public sector pay and conditions are well behind the private sector. 6) There is currently no talk about protecting workers from profiteering and greed in the rental market. Why is this not considered a case of inflation? How about actually employing windfall profit taxes for oil companies and others who have deliberately put up prices to make as much profit as possible? Why should it be workers who suffer instead? This is a narrative that is being pushed by the government and rightwing think tanks to justify suppressing worker wages and driving down public services until they fail. They are ideologically opposed to collective responsibility and taxation and they see a profit to be made through privatising services. Nothing new. Same old Tories and their client media.

[@mkoschara]

The Tories broke the UK economy.

[@marksykes1191]

Yes , they championed brexit !

[@ckelin13]

@@marksykes1191 Brexit has not happened yet, still waiting for the Reform party to eventually do the job properly.

[@mkoschara]

@@ckelin13 What is a proper Brexit?

[@ckelin13]

@@mkoschara First step is a Britain that is NOT being constantly invaded by every criminal and terrorist on the Globe!

[@soviet9366]

@@ckelin13 talk us through it. 6 years on it just gets worse and worse so far

[@chrisbirmingham5132]

Is Richard Tice an entrepreneur? Hasn't he just been a property "developer"? In an economy based on keeping asset prices high and rising, that's just been rent-seeking, not entrepreneurship.

[@Paul-eb4jp]

Yes he started off with a lot and he's got a lot, another one born 3-0 up and thinks he's won the cup on merit.

[@fredflintstone9963]

"rent-seeking" ...can't you blow a few more leftist dog whistles brother? Presumably you get to judge what constitutes "investment" and what constitutes "rent-seeking" on the general left-favored-candidate basis? Two legs bad, four legs good method?

[@fredflintstone9963]

@@Paul-eb4jp Yeah, starting off with a lot and ending up with nowt would make him a leftist! :D

[@Paul-eb4jp]

@@fredflintstone9963 How?

[@giansideros]

@@fredflintstone9963 are you economically illiterate? Identifying rent seeking behaviour has nothing to do with being left or right, Adam Smith classified landlords as a class who leach off the rest of society whilst he extolled the benefits of capitalists because their behaviour created new wealth rather than drain existing wealth like landlords do. That you think this apolitical economic observation is somehow leftist, speaks volumes about your political beliefs. 🤡

[@citizen530]

The xenophobia of the Tories/Brexiteers is holding back Britains growth.

[@karlosthejackel69]

Population growth or financial growth?

[@karlosthejackel69]

@@danielwood2901 the tories are importing 1 million plus per year. Do you honestly want to change the make up of a nation thousands of years old for ‘economic growth’????

[@MC-zr6gc]

The British wanting other people to "go back to their own country".... I can't tell if that's: an example of bland British satire, hypocrisy, or hyperbole.

[@chrisbirmingham5132]

Amusing to hear Richard Tice say that capitalism is "supposed" to work by paying ever higher wages to compete for labour. The system was literally invented by dispossessing small producers of their land and means of livelihood and forcing them to move to the towns and cities and work on subsistence wages so that factory or colliery owners and the like could accumulate sufficient capital to buy machinery, build factories and produce growth from which they, the capitalists, were always the major beneficiaries. And, as Ken Clarke pointed out, the Bank of England will again be expected to "do its stuff" and spark a recession to create unemployment and a "reserve army of labour" in order to suppress wages again. Neither the capitalist utopian nor the capitalist realist is of much help to those of us who only have our labour to sell. And while freedom of movement for workers may have disappeared, profits whizz out of the country into tax havens at something resembling the speed of light. Interesting that so many of the Brexit cult have backgrounds in property or finance, areas in which the system still works its "magic" of turning money into more money without any tangible productive benefit to the real economy.

[@jamesavenell2368]

You are an emissary of light in a sea of ignorance. Our evil, secretive, manipulative Establishment know the general public too well and can easily turn them into arguing among themselves instead of a unity that could take on, and change the agenda of this mafia. Keep telling it how it is Pal.

[@howarddavis2281]

Spot on.

[@Richardparent879]

Your assessment is absolutely right on the money! Today capitalism is all about pushing people further down the economic ladder into a reserve of a gulag poverty style society!! Today's rich are the most obscene parasites feeding on human misery and the destruction of our planet all at the same time!

[@rodneyfungus8249]

Capitalism wasn’t invented - it is the natural order of the way humans live. When, how and where were the small producers disposed of their lands and ‘forced’ to move to towns? They moved of their own free will because they were better off doing so. Capitalism works, even for the vast majority of us who ‘only’ have labour to sell. If their is a labour shortage in a particular industry wages group - sometimes massively and there have been plenty of examples of this. If you have a skill that isn’t in demand then retrain to a skill that society actually needs. The Bank of England is unfortunately an example of how Government institutions interfere in the free markets.

[@gordondavies7773]

@@rodneyfungus8249 I agree that Capitalism was not invented... but it is not in any way natural. It is one of many possible socio-economic models. The current system we are struggling with/against is based on a particular and perverse ideology: an ultra libertarian vision of unregulated markets and a refusal to contribute to the costs of living as a society. You might with profit read up on the machinations of the Mont Pèlerin Society and its offshoots.

[@tomd5678]

Brexit appears to be a religion. Clark states facts and these are countered by ideological beliefs

[@inglepropnoosegarm7801]

Not a religion (unlike climate change) but a matter of principle - which I wouldn't expect a remoaner to understand.

[@tamhunter5025]

@Ingleprop Noosegarm there is no difference which you won't understand

[@ChrisRedfield--]

@@inglepropnoosegarm7801a compleet idiot.

[@derekmab7734]

You are 100% right, this is the problem with Brexiters. They are happy to see the UK economy brought down to its knees but do not touch their religion called Brexit. This is pure ignorance. They are never driven by reason but by emotions. What was the whole point of voting for Brexit to get rid of European immigrants to be replaced by Asians and black Africans who the the Brexiters hate even more. This is to show you they are completely disorientated. They just wasted time, energy and billions of pound to wreck their country built for decades by wise pro European PMs like Churchill, MacMillan, Wilson, Heath, Callaghan Thatcher etc and listen to thugs and the lowest of the low UKIP.

[@susannamarker2582]

Being in love with the EU is fascist. Everyone has to do the same thing. Sounds a bit german to me. No thanks. We're not Germans.

[@lesleynewman3399]

So Tice doesn't accept OBR forecasts! Well we'll found out soon enough how wrong he can be. He wants more deregulation but has increased regulation & trade barriers by leaving SM. Apples and grapes have to be picked and packed by hand, no machines exist to do this task. What a plonker!

[@vseme1572]

Agreed. Nor can serving Starbucks, driving ubers (at least for now) and providing services in NHS be done by machines. Really odd to argue that lower productivity is a result of paying lower wages to available and highly-skilled immigrants. A classic case of rote parroting of talking points.

[@jerryorange6983]

it is so funny that no one mentions zero hours contracts and those self-eployed jobs. 19 centuary mk 2. This is the main reason so many people are so poor now.

[@brianbell3836]

Food banks...Warm banks...what next?

[@muhammaduddin9268]

Blame the EU for not restructuring the immigration problems.Let us and torys pretend Brexit was a success when we know it is not a success for racist reasons.

[@kokekrisuri]

A bit rich coming from someone with a name like yours. Immigrants made this country u twat. Stop reading the daily mail.

[@cleonawallace376]

Why does no one ever talk about peak oil? In the 80s and 90s we had the benefits of the single market, but also we had cheap energy. Now we are after the peak and oil is becoming more expensive, yet we haven't transitioned to new energy sources (only a little to renewables, but so much of our transportation, agrifood systems and industry still depends on fossil fuels). We are also gradually destroying our earth and are also facing more extreme climate events which will increase damage and losses. In that context growth isn't possible... we need to address this, and maybe we can have some 'green growth' as we transition, but we need to accept that just like bacteria in a petri dish, we simply cannot have endless growth in a finite planet, and instead we should focus more on wellbeing and more moderate consumption.

[@martinhommel9967]

There was no single market in the 1980s

[@inglepropnoosegarm7801]

You've obviously swallowed the green agenda kool-aid. The earth is not being destroyed. Nothing humans can do will destroy this planet. Life has always adapted to changes in the environment and it always will. Furthermore, with the development of appropriate technologies humans will be able to leave this planet and move into space, so there is effectively infinite potential for expansion and growth.

[@susannamarker2582]

The single market came along in 1992. It didn't exist in the 80s

[@thecrankster]

“Cheap labour” ….what a stupid thing to say. We needed labour and didn’t have enough of it. We had a minimum wage and attracted people to the U.K. because of it. Those people didn’t think they were selling their labour cheaply. We still need all those people and cannot get them which is why the economy has stalled. Can we move on from this phrase please?

[@euroman3726]

2 people representing common sense , the other called Tice representing the Brexit disaster.

[@robinspat]

When Tice lies about small trade with EU… it is NOW smaller, HE TOTALLY BLANKS how much food UK has to import from EU and now it is more difficult to import, higher costs, fees, etc… UK does not produce enough food to feed itself.

[@arandmorgan]

The reason we are in a recession is not only all the things mentioned but the crippling of our economy from Osbourne's austerity measures that created a downward spiral for growth because without infrastructure investments your economy will stagnate.

[@vicsomeone]

And now they're doing it again.

[@fredflintstone9963]

So throwing ridiculous money at the temporary economic problems caused by the pandemic has nothing to do with it?

[@midlandgeordie]

Absolutely

[@2011hwalker]

@@jimmagspanton669 lol dream on. US is propping up the western economies. UK is sunk for 2023.

[@johnmccrank7170]

Tory policies then!

[@eduardmurison9358]

Tice...BS BS BS. The UK deserves what it gets after brexit.

[@vincentmckenna1755]

When we get brexit

[@annother3350]

We escaped EU fascism -- that in itselt was worth it

[@vincentmckenna1755]

@@annother3350 our government is still wrapped up in eu red tape and won't let go

[@annother3350]

I know and I do have a problem with that. At the same time we do not have to take on all the crazy proposals Von Der Leyen has suggested in recent months

[@kevinkenny6975]

Lefty loon

[@bobecks66]

This is the problem isn't it, the corporations simply are unwilling to pay a wage that supports their workers. Yet the government blames the people for not being productive and being unwilling to work. Mad idea but pay people enough to live and they will work and be productive.

[@xavierviaene5022]

RIght, but it was not enough, Britain kicked out those cheap labour workers from Poland etc and now they are in trouble because the Brits don't want to work for such a low wages. Note that the gap between the lowest wages and best paid is among the highest in all of Europe, so in a way the UK is moving towards a very capitalistic system where the standard of living is declining and a growing number of people risk to end up in poverty that way ....

[@twofarg0ne763]

The UK seems to be suffering the same crises as the US... Who would have thought that leaving the EU and cancelling all the favorable trade agreements would cause such a ruckus? Brexiteers are definitely NOT the brightest bulbs on the tree. "You can't fix stupid. Stupid is forever." - American comedian Ron White.

[@2011hwalker]

US crisis? We are making crazy money over here in the US....

[@twofarg0ne763]

@@2011hwalker I guess you're one of the lucky ones because from what I see no one wants to work, large corporations continue to gouge consumers and raise prices, inflation is rapidly rising, housing costs are getting ridiculous, and your politicians only care about themselves and their political careers. They could care less about the American people.

[@Anigmama]

So when will they concede that not having secure jobs with decent terms and conditions, nor paying people wages they can live on does not stimulate productivity?

[@sylvesterajah9886]

Brexit is obviously a desasterous political mistake. The UK was exiting from its biggest trading PARTNER. After Brexit the UK has to establish and seek new trading partners. This is not easy and speedy . Now the UK has to negotiate with the EU for access to its market .

[@SirAntoniousBlock]

The UK won't exist in a few years.

[@roysimmons3549]

No. What you have is the toffs living in places like Richmond and Beaconsfield are still on Planet EU where they reckon they are comfortable. Large parts of the rest of the UK have left Planet EU however. Not so comfortable.

[@pehash]

That Richard guy is in his own paralel universe.

[@decibel_tastic2869]

To think that Ken's tenure as Chancellor would in hindsight be viewed as a golden time. He was his usual disarming self when accorded these plaudits. We miss you Ken.

[@midlandgeordie]

Yes it has!

[@derekarnold3665]

The Key metric surely is how much trade are we doing the EU vs pre Brexit.

[@NunesSan]

It's never the right kind of Brexit...For every single failure, it's either EU fault, remainers or not just the quite right version of the unicorns they have promised.

[@marksykes1191]

Yes a fair & balanced debate 2 tories & an economist !

[@fredflintstone9963]

Clarke is somewhat to the left of Starmer on many matters. I suppose if you see everything in the light of "evil Tories" you might be excused this view.

[@chriselliott726]

@@fredflintstone9963 Ken Clark is a less unacceptable example of a Tory, but still a Tory.

[@stuartannetts300]

@@chriselliott726 Oh no not one them, the horror. 😂

Ken Clark was kicked out of the Tories during the brexit pogrom. The brexitraitors reamed out any scraps of integrity lucking at the edges of the Tory party.

[@chriselliott726]

@Agreed. Same with Dominic Grieve. A lot of Tory voters don't understand that the party they used to vote for is dead and gone. In the past I think it might have been possible to be a Tory and still be a decent person. Not now.

[@angelobruschini4899]

Basic solution.... Pay a good wage and people will work, so stunningly simple. Another way of thinking about this 'if the people can't afford to buy it, why make it'.

[@blueodum]

As long as there are people ABLE to do the work. Most farm work is physically and mentally demanding, which requires fit and healthy people. Apparently, there is a lack of native-born Brits willing and able to do this work.

[@karlosthejackel69]

@@blueodum Why would a native Brit work a back breaking job for pennies and ultimately be replaced by cheaper labour when they have educational avenues to go through? Do you think children of foreigners are also going to pick crops for £10 an hour also?

[@kennethvenezia4400]

Yes, BREXIT has broken the economy and will eventually cause the loss of Scotland and Northern Ireland

[@budapestkeleti6404]

There's a political unity that Scotland cannot go

[@kokekrisuri]

“Take our country back” ay lads lol. U r right. It’ll b just England left. Even then, it will always be someone else’s fault, EU, Scots, Irish, Martians, ufo So sad

[@MrMaarten1969]

It's not the LOSS of Scotland and NI. It's the independence of two souvereign nations that were under English rule for centuries...

[@theresnobodyhere5778]

@@budapestkeleti6404 yes unity of english MP,s ,come the next general election the choice on the Scottish ballot is vote SNP and its a vote for Independence full scale bye bye uk and it will be rapid transition no of or buts about it

[@biffotheclown]

Conservative governments have destroyed the UK

[@bertverhoosel7437]

It's such a shame the UK is losing its friends over nothing.

[@Paul_C]

The UK has never been a friend. All they want is domination.

[@michaelmattern8188]

In a nutshell yes. All the experts said it would.

[@rodneyfungus8249]

All the experts who said it would (and it certainly wasn’t all) have now been proven wrong. The UK economy has remained performing very similar to our peers.

[@brianbell3836]

@@rodneyfungus8249 Nope. You got fungus on the brain

[@thorstenroberts4726]

"Wage increases have got to be based on productivity..." says the the stodgy old relic. Anyone who can read a graph knows that the benefits of the last 40 years of productivity have not shown up in wages in any meaningful way.

[@roasthunter]

neither have improvements in productivity, possibly the opposite.

[@lesliehourihan600]

Still using that old chestnut,' the EU is punishing us'...

[@brianbell3836]

Like when I left the tennis club and they punished me by not letting play on their courts.

[@selimbennouir6238]

since announcing the 2016 Brexit referendum the government should’ve started investing in its own economy and reducing foreign control over its main industries, NHS, Travel, Energy, Sports, Transport etc. however by failing to take these measures they’ve allowed shareholders to outsource businesses to the European market and this trend kept happening since, so why they don’t start reorganising the government duties instead for instance you’ve got the culture secretary in charge of the sport department however no business development is being explored regarding this field, do you not find it more relevant so even when they’ll decide to rejoins the EU and be forced to sell they will remain in good economic shape, you cannot cut down inflation or increase the currency value without foreign investors Or the government cover this task and invest in its available industries.

[@2011hwalker]

the level of mental gymnastics you are achieving is hilarious-brexit has absolutely harmed the UK

[@sandhurstwolves3956]

Richard tice wants to pay social care staff more but we are poorer with Brexit so where is the money coming from?

[@kevinpotter4252]

Why all the dancing around . It's a bloody disaster, what's wrong with people trying to live in a delusion. 🙄

[@verfugbarkite]

I certainly don’t accept Richard Rice’s forecasts that’s for sure.

[@tomd5678]

I remember importing chemicals. Before the single market it was pain

[@hurri7720]

The USA was very unhappy with the prospect of the euro being run from London and perhaps one of the greatest reasons Britain did not join the Eurozone.

[@lusean193]

All the daft EU laws can anyone tell me of five

[@AppleSauceGamingChannel]

Bendy bananas, something something, brown people are here because of Brussels, sovereignty.

[@blueodum]

Combine harvester for strawberry picking?????

[@soviet9366]

Why is rejoining the single market not one of the 'eye wateringly difficult decisions' being considered by the present chancellor when it would provide such a boost to our ailing ecconomy?

[@andylucas1175]

Simple answer: The money laundering wealthy would have to declare the origins of their money for tax purposes; the wealthy do not want to pay taxes, that is reserved for the workers of the nation.

[@lucajohnson8318]

Because you can't access it without rejoining the EU in its entirety which they wouldn't do, given that their mandate is built on Brexit.

[@gordondavies7773]

@@lucajohnson8318 you can join the Single Market without joining the EU. Members of the EEA can join.

[@colinelliott5629]

One can't simply 'join the single market'; one would have to start negotiating, and we all know the EU is more effective at negotiating than any British politician or civil servant.

[@andylucas1175]

@@gordondavies7773 Whilst that is true it makes Britland a follower of EU rules when previously it was an EU rule maker: The Brexiteers will not swallow what to them is such a bitter pill.

[@joewhelan5018]

Democracy in Britain is still in its infancy it would seem

[@casteretpollux]

Death bed.

[@BlissLovePeace]

Richard Tice is talking nonsense. Brexiters wanted the UK to be a 3rd country. Now that the UK is one and consequently is treated as one by the EU, he complains about it. Pathetic ...

[@davidgonzales2274]

10 years ago i was offered 8$ an hour as a electronic tech. Now 40-50$ an hour-most are trained in the military

[@cncit]

What's Richard on about. We have over a million job vacancies, jobs that Uk workers don't want to re locate to do. EU workers are paid the same wages as UK workers as we have the minimum wage laws here?

[@hopeforbetter382]

Great, let Rwanda sort it out!

[@salvatorerichichi8780]

Clark is absolutely right when he says Greece should never have joined Europe cause not been ready and frankly I don’t think would ever happened, you cannot put the initials efforts to be able to join and then to sit down and grab benefits from who’s sweating with work

[@garyh1572]

Put Care Homes back in the NHS

[@mikekok]

Certainly, they're not asking the right question ! Why questioning Brexit now when it is done with . Do see this as diverting from the real problem.

[@ffi1001]

It’s not done at ALL. 1. The TCA (which includes Finance, Farming & Fish) has be renegotiated in 2025/6. 2. The Northern Ireland protocol. 3. There are currently no import checks on EU goods on the UK side = less money for the public purse. 4. The UK is blocked from Horizon Programme over the Northern Ireland protocol problems.

[@salvatorerichichi8780]

Does anybody know that some people actually move out from area where they could be offered a job and move in areas where the job center would have no chance to give them employment, I’ll make an example moving from Pool in Dorset to Blandford Forum or Bristol to Burnham on Sea, I know for a fact. I am a foreign that I lived in the UK and I figured out that a lot of British people love to sponge the social security benefits cause they were lazy bums. My experience was lots of lazy and thieves colleagues at work always with a cup of tea in their hands. I declare GB express transport of Pool went Burst because employees, Hortons Ice cream manufacture of Bournemouth went burst because nearly all drivers were stilling and selling the stock. I stop there cause my list is too long. No chance for Britain to recover.

[@almudenainesarchilla5633]

No, trade with Europe is not a minority

[@chuanet77]

Wow, denialism at its peak

[@susannamarker2582]

Brexit is about more than just economics. It's an attitude, a way of life. I don't want or need to be ruled from Brussels. No thanks. Not required. Not desired.

[@seankavanagh7625]

You're already the subject of a Crown 😂

[@susannamarker2582]

@@seankavanagh7625 Thank you Sean.

[@htkm1179]

Yes.

[@brianbell3836]

Richard Tyce is such a lightweight.

[@612467]

In ten years London will be the most important financial center of the world. Because the English language writes beautiful rules, by which everyone should want to play. The problem is that there are too many cooks.. Porto interlude

[@pehash]

I'm sorry to burst your bubble mate, but the golden age of the UK is over, London will probably never be the financial capital ever again. Its a sad moment to be honest, the world has been touched by the UK values for the last 150+ years, but the even more sad part is that the decline is their own fault.

[@gkelly34]

This country is a basket case.

[@davidgonzales2274]

Do not use the term cheap labor in the united states but the banks learned how to give .2% interest to customers instead of 3.5%- but they get4.5 % when they make a loan.

[@greggbisgrove7499]

Richard Tice a man on his own world.who payed the cost of Labour given we have a minimum wage laws.

[@derryshore5586]

Sorry Tice is right..Common sense politics. Many of you here do not understand his politics.

[@brianbell3836]

@@derryshore5586 He's clearly a fantasist

[@derryshore5586]

@@brianbell3836 This is why the counyry is the way that it is..The people today have no drive, no Oomph..Such negative thinking. Have you looked at their policies?. He is a business man and a good one at that. I suppose u are just happy to not give anything a try.

[@wayneslater1543]

And what makes you think that the continent is any better?

[@dembydish]

Hard to answer this question given everything that's happened since. So many years wasted arguing, derailing, virus and lackluster government.

[@timoakley277]

Well, it's certainly kneecapped it!

[@bryanward7903]

We dont have Brexit only a lousy remainer parliament deal.

[@casteretpollux]

Do tell, what do you think we should do?

[@glynmatthews678]

How does Clarke avoid punching Tice in the face

[@chrisstevens8505]

How does Ken dress himself?

[@davidgonzales2274]

Each farm needs a mechanic with a wrench in the US.

[@612467]

Xorinz.. thanks for your reply. Maths and English is all you need.

[@bigal.65]

Christ, Ken Clarke agreeing that we've had to many EU workers and we need to train up the British workforce. So he agrees with Richard Tice .

[@EGF1000]

2008 was worldwide. The eu has recovered. The uk hasn't

[@kireland8]

Who are the old codgers talking about an economy that they've broken? These folks are not the font of new ideas.

[@karlosthejackel69]

What, only young people have new ideas? Have you met a young person

[@kireland8]

@@karlosthejackel69 Lots actually. But have you talked to, say Diane Feinstein? I have, I'm a Democrat. She's lost her marbles

[@bowlregard9894]

Sanctions and the war. Sanctions and the war. Sanctions and the war. Sanctions and the war.

[@adambrickley1119]

The cheap labour argument is never countered by simply asking, would it not have been better to regulate against cheap labour with a healthy minimum wage and remain in the single market?

[@gezimgjoka8740]

It’s up to British people if they don’t wants brexit they economy is going like this crisis

[@charlysantamaria8646]

What does the house of lords produce? A waste of money down the drain

[@tanyaroberson9629]

Did UK farmers vote for Brexit?

[@OBGynKenobi]

Feeling Bregret yet?

[@karlosthejackel69]

How ‘hard’ should a population work before it’s deemed not enough and they are replaced by desperate foreigners, whose many many kids will also not work ‘hard’ enough.

[@brianbell3836]

Funny how all the people who complain about our work force are politicians (ie lazy bastards)

[@jonathonjubb6626]

Liers lying... Couldn't get half way...

[@redrock1965]

Why on earth is tice doing on a show ? Him and his followers made this country a financial disaster

[@philiproscoe2968]

I dont know, Brexit hasn't started yet.

[@michaels8638]

Call themselves economists, future productivity gains isn’t based on Labour its based on robotics, funding innovation is non existent, instead they fund bank debt, or pension liquidity, the main employment demand is for low paid zero contract hours as these business sell services or products to the sector that cannot afford them or have a business that doesn’t offer sustainable jobs. If you want a successful economy the business within it have to be healthy business, e.g Be biggest, be better, be protected or be first, none of these business models are funded by the government yet they wonder why the business in the economy do not off the country growth.

[@tonyt7948]

No

[@pip393]

Long running problems obviously will impact your economy until such time as the United Kingdom reboots its mass production capabilities. Don't compare your inflation rate with both the USA and Germany...these are two countries capable of resolving this issue in the short term since their export industry is so healthy.

[@hughcaskey9542]

Who the hell is Jill Rutter what hole did she appear out of

[@stuartlawson7977]

YES and all because of the Tories

[@poolplayerpoolplayer7430]

Yes the tories left wing policies

[@13strange67]

Learnt nothing from all this unnecessary waffle

[@Dr_MKUltra]

Greece should never have joined the euro

[@javiermartingonzalez4759]

The drivers from Japan or USA jajaja

[@stephenisom6089]

that called a debate no left wing doom mungers bashing britain for the pure spite well done those four debating .not shouting nonsense,,

[@frenchcopyright]

Tice, you are talking rubbish! We need free trade with the EU!

[@vincentmckenna1755]

We have ,the eu have admitted its punishment for brexit,a lot of eu countries are sick of Brussels in the way they are treating the uk,because its affecting their trade with the uk

[@bobrail733]

F**K THE CORRUPT EU and all it stands for 💩💩💩

[@davidcaygill9863]

how is it free?

[@vincentmckenna1755]

@@bobrail733 remoaners can't see what it is ,that's why countries are turning against it like Italy Sweden hungary even Germany are on the brink,

[@guleiro]

@@vincentmckenna1755 Nonsense... "Brussels" is composed of people from all member states. The EU acts in the way the member states decide. And no, nobody is punishing the UK. Brexit is already doing that.

[@rickmartin5132]

Trevor Philips is a bit below standard as a topical talk host imo.