FYI, I'm going to be posting plenty of charts over the next few days to challenge some of the usual narratives about the economic impact of Brexit... 🤓
1⃣ "the vote to leave caused a collapse in the pound"
Sterling did fall sharply in June 2016, but it had already started to weaken in 2015 as a consensus emerged that the currency was overvalued.
This was reflected in the UK’s large current account deficit, which bottomed out at 5.2% of GDP in 2016 but has since roughly halved.
The strong pound had also contributed to three years where inflation was below the official target of 2%, averaging 1.5% in 2014, zero in 2015, and still just 0.7% in 2016. The fall in the pound did then lift inflation, but only to a peak of around 3% in 2017.
Moreover, the dollar-sterling exchange is not necessarily the best measure, because the US currency has been strong across the board.
In trade-weighted terms the fall in the pound between 2015 and 2016 did little more than reverse the rise since 2012. This is even clearer in this alternative chart, which shows the pound against the euro.
In short, at most the leave vote accelerated a fall which was already underway - and this correction was not necessarily a bad thing.
A survey of 774 top executives pointed to a collapse in business confidence and found 71 per cent believed the UK had deteriorated or failed to improve since 2024’s general election.
Vote Labour: Get chaos.
https://t.co/dhrwCFCeDY
And there you have it. As I have said before people are not prepared to vote themselves poorer. It’s one of the reasons we’re in this mess.
In Makerfield over 10% claim PIP disability benefits and above average levels of unemployment means above average Universal credit claimants.
They just proved they are not prepared to accept cuts. It’s what every party has always known.
Today, on my final day as Director of National Intelligence, I’m releasing never-before-seen communications and documents exposing how Dr. Fauci provided millions in US taxpayer dollars to fund dangerous gain-of-function research at the Wuhan lab, worked with politicized elements within the Intelligence Community to suppress the truth about his actions and hide the virus’ lab-leak origins, and lied to Congress while under oath in 2024. It’s time you know the truth.
https://t.co/3YJSstB7d4
Remember when Australia said the quiet part out loud!
free speech will have to go, in order to protect multiculturalism.
Now look at the UK, same direction.
Oh…
Interesting new initiative from @RichardLyon_ (with a small amount of help from me). Real time view of how much renewables subsidies (£108bn and counting) and grid integration are costing us. Link in reply.
Hold on a minute this can’t be true? … because Mad Ed promised Aberdeen a ‘green jobs revolution’ so they must be better off now right?
Er no! Ed said some erm misinformation.
Aberdeen is falling apart, huge job losses in the highly paid oil and gas sectors, with no equivalent job gains, which means every single sector even investment is on its knees. Households are poorer & poverty has increased.
Ahhh but if it totally collapses they’ll be net zero right? 🤡
The LibDem's plan to rejoin the Single Market and Customs Union would...
1️⃣ hand control of policymaking back to the EU, with even less say than the UK had before. We would be forced to adopt whatever rules and regulations the EU wants, while losing the new Brexit freedoms on everything from trade to migration.
2️⃣ Adding insult to injury, we would have to pay many billions of pounds more into the EU budget for the right to be told what to do.
3️⃣ This tramples all over the result of the 2016 referendum. It also ignores every poll since then which shows that any support for rejoining the EU falls away when voters are presented with the costs and conditions - including those of both the Single Market and the Customs Union.
NOBODY needs Keir Starmer's "permission" to post anything to the internet!
People need to read Article 19 of the Human Rights act!
Starmer is a human rights lawyer.
He is more than aware of this @Keir_Starmer
🪪"You will now need to show your papers just to go onto a social media site."
A social media ban will "incur an enormous privacy intrusion for the British public."
@silkiecarlo reacts to Starmer's social media ban announcement, on BBC News⤵️
This study finished earlier this year:
£361,067
"Negotiating Queer Identities Following Forced Migration (NQIfFM): A Comparative Study of Iranian Queer Refugees Living in Turkey, the UK and Canada"
https://t.co/FNxDmJTo1H
Wind and solar are not viable as the world's primary energy source, not without endless backup from the dense baseload power of hydrocarbons.
Because renewable components face a strict 20-year operating life, we have inadvertently created an economic monster: a continuous loop of decommissioning, ransacking rare earth mines, and rebuilding the entire global fleet just to maintain the status quo - a material dead end.
Without fossil fuels to power the underlying mining, manufacturing and transport infrastructure, these wind and solar systems wouldn't even exist. Once installed, their intermittent energy cannot be integrated on a national scale without a completely new, parallel global power grid—an infrastructure sinkhole estimated to cost $21 trillion.
This massive building spree was only enabled by generous, ongoing subsidies from compliant governments, drawn into the vortex by a carefully engineered narrative of guilt over human progress. That narrative has struck home. Today, the Western nations that bought into it are in visible economic decline, with heavy industry vanishing and productive jobs being hollowed out.
Wind and solar gained traction as a boutique alternative based on the naive premise that because wind and sunlight are 'free', the infrastructure to capture them must be too. In reality, they are intensely material-heavy, placing unprecedented pressure on mining capabilities for ever-diminishing metals and rare earths.
To put the scale of this replacement loop into perspective, the global fleet represents the equivalent of 1.3 billion wind turbine units and 7 to 8 billion solar panels—all ticking down toward a 20-year shelf life.
According to McKinsey estimates, the total net-zero transition is currently costing an estimated $9.2 trillion every year, projecting to a staggering $275 trillion by 2050—the equivalent of two full years of global GDP. Yet, after 37 years of this non-stop narrative, hydrocarbons still provide roughly 81% of the world's primary energy.
We are chasing butterflies at the expense of industrial sovereignty. Was it only about rising globalism? Already, communities are pushing back, seeking to ban massive turbine blade graveyards and toxic solar panel e-waste from local landfill sites.
Ultimately, an energy strategy detached from physical and economic reality is destined to fail, leaving these imperfect technologies scattered as rusted wreckage across once-pristine landscapes and coastal horizons.
Without reliable energy, a modern world simply wouldn't exist.
Image: We should not take the majesty of these natural landscapes for granted.
From the WEF website
DIGITAL
IDENTITY
TO CONTROL
THEM ALL!
Without Digital ID the agenda 2030 targets are unachievable. We must say NO to Digital ID, then we buy ourselves time for the truth to emerge and it’s game over for the globalist plans to control humanity.
Muslims in the UK have concerns over the rise of Islamophobia and racism. But you have to ask yourself, if Islam is so great why do they flee to western countries?