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Trade Figures - Bbc Spin

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http://newsvote.bbc.co.uk/1/hi/business/7497140.stm

Steady as she goes according to good old Beeb.

On annual basis, the UK's trade deficit is about £90bn !!!

These are truly shocking figures, and by far the worst amongst other large EU economies.

Especially when you consider that the UK has been the largest recipient of foreign direct investment for years ....

(probably thanks to foreigners buying our rip-off utilities ...)

Surely this is an indictment of Brown's gross neglect of manufacturing.

I especially like the quote about the deficit reducing should the Pound depreciate.

Someone should this guy that Sterling lost 15% vs the Euro over 6 months ago !!!!

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Where's the "spin" in that article? It's just a list of facts, and doesn't editorialise at all. There's a quote from an economist at the end who says he expects it to get better, but there's little sign of it at present.

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Nice to see the BBC execs all got £100,000 bonuses for dishing out Labour propaganda, definetely not paying for a TV license this year.

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Quote:

<<Especially when you consider that the UK has been the largest recipient of foreign direct investment for years >>

Question: does this "investment" figure include buying property?

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http://newsvote.bbc.co.uk/1/hi/business/7497140.stm

Steady as she goes according to good old Beeb.

On annual basis, the UK's trade deficit is about £90bn !!!

These are truly shocking figures, and by far the worst amongst other large EU economies.

Especially when you consider that the UK has been the largest recipient of foreign direct investment for years ....

(probably thanks to foreigners buying our rip-off utilities ...)

Surely this is an indictment of Brown's gross neglect of manufacturing.

I especially like the quote about the deficit reducing should the Pound depreciate.

Someone should this guy that Sterling lost 15% vs the Euro over 6 months ago !!!!

90billion, small fry its less than 2 Northern rock bailouts!

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Where's the "spin" in that article? It's just a list of facts, and doesn't editorialise at all. There's a quote from an economist at the end who says he expects it to get better, but there's little sign of it at present.

Objectivity is impossible when you are being paid by the body you claim to scrutinise (the State).

Edit to add: Taking Government statistics at face value is not an objective position.

Edited by the_austrian

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  • 401 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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