Discover and read the best of Twitter Threads about #projectfact
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So, Brexit is such a magnificently brilliant idea, the Health Minister is ordering 5,000 huge fridges to stockpile baby milk in.
Because that’s what normal countries do in the normal course of normal business, normally. Nothing to see here, folks... dailymail.co.uk/news/article-6…
Because that’s what normal countries do in the normal course of normal business, normally. Nothing to see here, folks... dailymail.co.uk/news/article-6…
Turns out 80% of baby milk is imported from the EU, something that only seems to have become apparent to the UK Government very recently.
Pity they don’t have access to a giant “web” containing every piece of information in the world, plus free tools to search it. Oh, wait...
Pity they don’t have access to a giant “web” containing every piece of information in the world, plus free tools to search it. Oh, wait...
Once the above has sunk in, how about another 100+ real consequences of Brexit? All things happening right now, not in some hypothetical future. #projectfact #marr #ridge #bbcsp
So, those Brexit costs are really mounting up...
- £4.2 billion for Government preparations
- £1.2 billion written off on Galileo
- £92 million for Galileo replacement feasibility study
- £9 billion plus for alternative to Galileo
- £500 million/week in lost economic growth
- £4.2 billion for Government preparations
- £1.2 billion written off on Galileo
- £92 million for Galileo replacement feasibility study
- £9 billion plus for alternative to Galileo
- £500 million/week in lost economic growth
Note on the last point: it’s perfectly possible for the economy to be growing AND for it to be damaged by Brexit. They’re not contradictory.
(If growth was expected to take us from 100 to 104, and instead only took us to 102, we’re down 2 compared to where we were meant to be.)
(If growth was expected to take us from 100 to 104, and instead only took us to 102, we’re down 2 compared to where we were meant to be.)
That “opportunity cost” of Brexit is real, and has a real impact.
We have to grow the economy constantly just to stay still to beat inflation.
If Brexit is hurting the economy, we’re going backwards in real terms.
We have to grow the economy constantly just to stay still to beat inflation.
If Brexit is hurting the economy, we’re going backwards in real terms.
So, Theresa May has pulled the UK out of the £9 billion Galileo GPS satellite programme. Talk of the UK building its own system, with £90 million earmarked for a feasibility study.
Presumably line 1 will say: “This project will cost at least £9 billion.” theguardian.com/politics/2018/…
Presumably line 1 will say: “This project will cost at least £9 billion.” theguardian.com/politics/2018/…
Also worth noting that Theresa May is so desperate to get us out of the EU that the £1.2 billion the UK contributed to Galileo is just another thing written off due to Brexit, like the £4.2 billion spent on Government preparations. Anyone would think the UK is made of money!
Oh, and the final jolly jape in this caper is we lost the work on, and funding for, future ground stations for the Galileo network to Spain, because of Brexit. And the existing UK data centre will be moved to the EU27 too.
