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Left: Mailonline reporter points out that Labour have a £40 billion black hole in the public finances Right: By sheer coincidence, Brexit costs the UK £40 billion a year in lost tax because we are outside the EU Single Market Labour's 'make Brexit work' is literally making the UK...

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Farrukh

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75,121 views • 1 year ago •via X (Twitter)

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Left: Fasial Islam, "The budget hole the Treasury are trying to bridge with tax rises is £40 billion a year." Right: "Brexit costs the government £40 billion a year in lost tax revenue" A remarkable coincidence that the budget hole Labour have found equates to the loss in tax revenues from trade with the EU caused by Brexit If Labour joined the EU Single Market, this problem goes away But because Labour will keep the UK out of the EU Single Market, we either have tax rises or fewer services The only third option is for Labour to borrow to invest, which wouldn't be a bad idea. But any reduction in public services is squarely down to Brexit In 2016, Boris Johnson and the Brexiters blamed the EU for a lack of public services in the UK. How ironic that now without the EU Single Market we either raise taxes, or borrow further, to fund public services What a shambles
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Left: Fasial Islam, "The budget hole the Treasury are trying to bridge with tax rises is £40 billion a year." Right: "Brexit costs the government £40 billion a year in lost tax revenue" A remarkable coincidence that the budget hole Labour have found equates to the loss in tax revenues from trade with the EU caused by Brexit If Labour joined the EU Single Market, this problem goes away But because Labour will keep the UK out of the EU Single Market, we either have tax rises or fewer services The only third option is for Labour to borrow to invest, which wouldn't be a bad idea. But any reduction in public services is squarely down to Brexit In 2016, Boris Johnson and the Brexiters blamed the EU for a lack of public services in the UK. How ironic that now without the EU Single Market we either raise taxes, or borrow further, to fund public services What a shambles

Farrukh

96,509 views • 1 year ago

Stephen Flynn, "When Nigel Farage tells you all that migrants are making you poorer and they're the problem, don't believe him" "Do you want to know the biggest problem facing the UK ecnomy right now? His pet project of Brexit. £40 billion of taxes lost every year because we left the EU" Brexit has made us so poor that neither Labour nor the Conservatives can afford to pay for public services
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Stephen Flynn, "When Nigel Farage tells you all that migrants are making you poorer and they're the problem, don't believe him" "Do you want to know the biggest problem facing the UK ecnomy right now? His pet project of Brexit. £40 billion of taxes lost every year because we left the EU" Brexit has made us so poor that neither Labour nor the Conservatives can afford to pay for public services

Farrukh

1,421,511 views • 2 years ago

Left: Rachel Reeves, "A £22 billion black hole in the public finances" Right: Steve Bray asking the question that so far no journalist has asked, "What about that £40 billion black hole of Brexit" 4th July - Tory wipe Out 👏 It's perfectly possible to be thankful that we finally have a competent adult as Chancellor, as well as keep making the point that if we want to supercharge growth in the UK, the best way to do that is to rejoin the EU Single Market It's inevitable, the question is how many years of lost trade and tax revenue before we do so
0:15

Left: Rachel Reeves, "A £22 billion black hole in the public finances" Right: Steve Bray asking the question that so far no journalist has asked, "What about that £40 billion black hole of Brexit" 4th July - Tory wipe Out 👏 It's perfectly possible to be thankful that we finally have a competent adult as Chancellor, as well as keep making the point that if we want to supercharge growth in the UK, the best way to do that is to rejoin the EU Single Market It's inevitable, the question is how many years of lost trade and tax revenue before we do so

Farrukh

584,542 views • 2 years ago

If you watch the debate between Sunak and Starmer tonight, remember what David Cameron said in 2016, "There is no expert that is saying we would make a saving from leaving the EU" "The only black hole will be in our public finances, because we'd have a smaller economy, and we'd have lower tax receipts. So we'd either have to cut spending or increase taxes to make up for the fact" The IFS say that both the Conservatives and Labour have an £18 billion black hole in our public finances in their manifestos Brexit has failed, and is damaging our economy, making us poorer. The easiest way to plug that hole is to rejoin the EU Single Market, increase our tax receipts; and we'll also have money to invest in our NHS and other public services
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If you watch the debate between Sunak and Starmer tonight, remember what David Cameron said in 2016, "There is no expert that is saying we would make a saving from leaving the EU" "The only black hole will be in our public finances, because we'd have a smaller economy, and we'd have lower tax receipts. So we'd either have to cut spending or increase taxes to make up for the fact" The IFS say that both the Conservatives and Labour have an £18 billion black hole in our public finances in their manifestos Brexit has failed, and is damaging our economy, making us poorer. The easiest way to plug that hole is to rejoin the EU Single Market, increase our tax receipts; and we'll also have money to invest in our NHS and other public services

Farrukh

878,100 views • 2 years ago

Sian Berry, "We can't ignore the disaster of Brexit" Jacob Rees Mogg, "Brexit was wonderful" Sian Berry, "I know you're going to say that but the facts do speak for themselves" Jacob Rees Mogg, "Free trade deal with Australia, with New Zealand, with the United States, it's freed up our economy hugely" Sian Berry, "Versus the enormous market on our doorstep, the EU" Jacob Rees Mogg, "We still trade with the EU, we have a deal with them" £0.8 billion - New Zealand deal £2.3 billion - Australia deal £3.4 billion - US deal ----- £6.5 billion - in Brexit deals £140 billion - lost in trade with the EU every year Ress Mogg celebrating £6.5 billion, while costing the UK economy £140 billion a year Brexit is a disaster Shame on Labour for continuing the disaster with their nonsensical 'make Brexit work'
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Sian Berry, "We can't ignore the disaster of Brexit" Jacob Rees Mogg, "Brexit was wonderful" Sian Berry, "I know you're going to say that but the facts do speak for themselves" Jacob Rees Mogg, "Free trade deal with Australia, with New Zealand, with the United States, it's freed up our economy hugely" Sian Berry, "Versus the enormous market on our doorstep, the EU" Jacob Rees Mogg, "We still trade with the EU, we have a deal with them" £0.8 billion - New Zealand deal £2.3 billion - Australia deal £3.4 billion - US deal ----- £6.5 billion - in Brexit deals £140 billion - lost in trade with the EU every year Ress Mogg celebrating £6.5 billion, while costing the UK economy £140 billion a year Brexit is a disaster Shame on Labour for continuing the disaster with their nonsensical 'make Brexit work'

Farrukh

350,620 views • 11 months ago

2016: Nigel Farage, "The worst case scenario (of Brexit) is better off than where we are today" 2024: Nigel Farage laughs when Liz Saville-Roberts points out that so far Brexit has cost the UK over £140 billion How many lives have been ruined, businesses lost, opportunities diminished, because of divisive populism? Brexit was and will continue to be a disaster. Our next step should be returning to the EU Single Market and Customs Union, before fully rejoining the EU as an equal member, shaping the future of Europe
0:15

2016: Nigel Farage, "The worst case scenario (of Brexit) is better off than where we are today" 2024: Nigel Farage laughs when Liz Saville-Roberts points out that so far Brexit has cost the UK over £140 billion How many lives have been ruined, businesses lost, opportunities diminished, because of divisive populism? Brexit was and will continue to be a disaster. Our next step should be returning to the EU Single Market and Customs Union, before fully rejoining the EU as an equal member, shaping the future of Europe

Farrukh

1,131,400 views • 2 years ago

10 years ago, after narrowly winning the referendum, Boris Johnson confessed, "We didn't have a plan for what to do next" "We didn't think it was our job to have a plan" 10 years later, Brexit continues to be a disaster How much more damage to our economy, may many more billions lost, how many more public services underfunded, till the UK get's a political leader who is honest with the public about the damage caused by Brexit and takes the UK back into the EU?
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10 years ago, after narrowly winning the referendum, Boris Johnson confessed, "We didn't have a plan for what to do next" "We didn't think it was our job to have a plan" 10 years later, Brexit continues to be a disaster How much more damage to our economy, may many more billions lost, how many more public services underfunded, till the UK get's a political leader who is honest with the public about the damage caused by Brexit and takes the UK back into the EU?

Farrukh

66,415 views • 2 months ago

Jonathan Reynolds, "Our biggest trading relationship is with the EU, but on an individual country basis it is the US" So our trade with the EU is bigger than our trade with the US, which begs the question why Labour is keeping barriers to trade with the EU, which in turns keeps our economy poorer Reynolds then talks about the - £3.4 billion from UK-US tariff deal - £14 billion from UK-EU reset - £4.8 billion from UK-India That's £22 billion, which doesn't come close to recovering the £140 billion in trade with the EU that is lost by keeping the UK outside the EU Single Market
0:18

Jonathan Reynolds, "Our biggest trading relationship is with the EU, but on an individual country basis it is the US" So our trade with the EU is bigger than our trade with the US, which begs the question why Labour is keeping barriers to trade with the EU, which in turns keeps our economy poorer Reynolds then talks about the - £3.4 billion from UK-US tariff deal - £14 billion from UK-EU reset - £4.8 billion from UK-India That's £22 billion, which doesn't come close to recovering the £140 billion in trade with the EU that is lost by keeping the UK outside the EU Single Market

Farrukh

54,497 views • 1 year ago

2025: Brexiters complaining about UK travellers to the EU being subjected to checks 2016: That time Nigel Farage said he didn't want us to have EU passports, but UK passports, making a third country outside of the EU, and subject to the EU's rules for third countries Brexit ended the free movement of people, which includes UK citizen's ability to live, work and travel freely to and in the EU
0:10

2025: Brexiters complaining about UK travellers to the EU being subjected to checks 2016: That time Nigel Farage said he didn't want us to have EU passports, but UK passports, making a third country outside of the EU, and subject to the EU's rules for third countries Brexit ended the free movement of people, which includes UK citizen's ability to live, work and travel freely to and in the EU

Farrukh

119,595 views • 1 year ago

Keir Starmer, "I would gently point out to Nigel Farage and others" "That before we left the EU we had a returns agreement (for asylum seekers) with every country in the EU" "Farage told the country it would make no difference if we left the EU" "Farage was wrong about that" "These are Farage' Brexit Boats that are coming across the channel"
0:17

Keir Starmer, "I would gently point out to Nigel Farage and others" "That before we left the EU we had a returns agreement (for asylum seekers) with every country in the EU" "Farage told the country it would make no difference if we left the EU" "Farage was wrong about that" "These are Farage' Brexit Boats that are coming across the channel"

Farrukh

382,561 views • 11 months ago

Left: Theresa May, "Brexit Means Brexit" Right: Sunday Times, "Suspend border checks for Britons this summer, airline tells EU" Your reminder that on On Nov 30th 2017, when the UK was still in the EU, the UK government (as part of the EU Council, where it still had a seat and vote on legislation) voted to adopt Regulation (EU) 2017/2226, which established the EU Entry/Exit System (EES) This is a biometric border system requiring the collection of fingerprints and facial images from non-EU (“third-country”) nationals entering the Schengen Area Such is the love of queues for Brits, that before we left the EU we voted to make queues for Brits wanting to visit the EU 🤷‍♂️
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Left: Theresa May, "Brexit Means Brexit" Right: Sunday Times, "Suspend border checks for Britons this summer, airline tells EU" Your reminder that on On Nov 30th 2017, when the UK was still in the EU, the UK government (as part of the EU Council, where it still had a seat and vote on legislation) voted to adopt Regulation (EU) 2017/2226, which established the EU Entry/Exit System (EES) This is a biometric border system requiring the collection of fingerprints and facial images from non-EU (“third-country”) nationals entering the Schengen Area Such is the love of queues for Brits, that before we left the EU we voted to make queues for Brits wanting to visit the EU 🤷‍♂️

Farrukh

150,294 views • 2 months ago

Former Conservative now Reform UK MP Danny Kruger, "The Labour party cannot govern in the national interest" "It's the same in the Tory party" "That's the result of poor leadership, all sorts of problems we can identify going back years" A bit rich coming from an MP whose party leader got a £5,000,000 gift from a foreign-based crypto billionaire for his services to Brexit which has cost the UK billions in lost trade, which is lost tax income, which is less money for public services
0:17

Former Conservative now Reform UK MP Danny Kruger, "The Labour party cannot govern in the national interest" "It's the same in the Tory party" "That's the result of poor leadership, all sorts of problems we can identify going back years" A bit rich coming from an MP whose party leader got a £5,000,000 gift from a foreign-based crypto billionaire for his services to Brexit which has cost the UK billions in lost trade, which is lost tax income, which is less money for public services

Farrukh

19,977 views • 3 months ago

Lady in purple, "I'm not a big fan of: we had one vote" "When we had the Brexit referendum the entirety of Scotland was in agreement to stay in the EU" "And it didn't mean a thing (as Scotland was pulled out of the EU by Westminster)"
0:18

Lady in purple, "I'm not a big fan of: we had one vote" "When we had the Brexit referendum the entirety of Scotland was in agreement to stay in the EU" "And it didn't mean a thing (as Scotland was pulled out of the EU by Westminster)"

Farrukh

79,951 views • 3 months ago

The world just paid $2 trillion for a rocket company that lost $4.9 billion last year. And the rockets are not why it lost the money. They are the only part making any. SpaceX went public Friday, the largest IPO in history. Up 19%, a $2 trillion valuation, Elon Musk the first trillionaire. Then you open the filing. Three businesses sit inside it. Starlink, the satellites, brought in $11.4 billion, 61% of all revenue, and $4.4 billion in profit. It is the only piece that earns a dollar. The rockets that land themselves run a small loss reinvesting in Starship. And the AI arm, Grok plus the app once called Twitter, folded in this February, lost $6.4 billion in a single year on $12.7 billion of spending. Read that again. The satellites pay for everything. The AI loses more than the satellites make. And the AI is the part the market fell in love with. It gets bolder. The prospectus claims a total market of $28.5 trillion, the largest any company has ever put in a filing. Larger than the GDP of the United States. That is the number underwriting a $2 trillion price tag built on a division bleeding $6 billion a year. Now the structure. About 4% of the company trades. That sliver sets the price for all of it. Musk is locked up for 366 days and holds roughly 80% of the votes. The public bought a company they cannot steer, priced on the one segment losing the most. This is the whole year in one ticker. The profit is satellites. The story is AI. The market bought the story. The rockets were never the risk. The risk is a $2 trillion price resting on the one bet that has yet to make a cent.
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The world just paid $2 trillion for a rocket company that lost $4.9 billion last year. And the rockets are not why it lost the money. They are the only part making any. SpaceX went public Friday, the largest IPO in history. Up 19%, a $2 trillion valuation, Elon Musk the first trillionaire. Then you open the filing. Three businesses sit inside it. Starlink, the satellites, brought in $11.4 billion, 61% of all revenue, and $4.4 billion in profit. It is the only piece that earns a dollar. The rockets that land themselves run a small loss reinvesting in Starship. And the AI arm, Grok plus the app once called Twitter, folded in this February, lost $6.4 billion in a single year on $12.7 billion of spending. Read that again. The satellites pay for everything. The AI loses more than the satellites make. And the AI is the part the market fell in love with. It gets bolder. The prospectus claims a total market of $28.5 trillion, the largest any company has ever put in a filing. Larger than the GDP of the United States. That is the number underwriting a $2 trillion price tag built on a division bleeding $6 billion a year. Now the structure. About 4% of the company trades. That sliver sets the price for all of it. Musk is locked up for 366 days and holds roughly 80% of the votes. The public bought a company they cannot steer, priced on the one segment losing the most. This is the whole year in one ticker. The profit is satellites. The story is AI. The market bought the story. The rockets were never the risk. The risk is a $2 trillion price resting on the one bet that has yet to make a cent.

Shanaka Anslem Perera ⚡

722,020 views • 2 months ago

Kemi Badenoch, "Discuss discuss discuss, chat chat chat, he has no plans what-so-ever" "No plans what-so-ever for building on the special relationship" "He needs to realise that we in this country rely on our single biggest trade partner" In 2023, the UK exported £356 billion of goods to the EU In 2023, the UK exported £191.5 billion of goods to the US Surely the EU is our biggest trade partner, which is why erecting barriers with the EU with Brexit is a scandal
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Kemi Badenoch, "Discuss discuss discuss, chat chat chat, he has no plans what-so-ever" "No plans what-so-ever for building on the special relationship" "He needs to realise that we in this country rely on our single biggest trade partner" In 2023, the UK exported £356 billion of goods to the EU In 2023, the UK exported £191.5 billion of goods to the US Surely the EU is our biggest trade partner, which is why erecting barriers with the EU with Brexit is a scandal

Farrukh

193,602 views • 1 year ago

LEFT: Muslims in the UK are allowed to hand out Free Qurans and able to set up booths to convert Christians to Muslims RIGHT: Christians in the UK are threatened by police for singing Christian songs in public. UK Police say singing Christian songs is strictly prohibited
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LEFT: Muslims in the UK are allowed to hand out Free Qurans and able to set up booths to convert Christians to Muslims RIGHT: Christians in the UK are threatened by police for singing Christian songs in public. UK Police say singing Christian songs is strictly prohibited

Wall Street Apes

320,720 views • 10 months ago

Wes Streeting, "The question of European Union membership is settled" "It's been settled by a referendum and a number of general elections" Labour have coined the phrase builders not blockers, but by keeping the UK outside of a Customs Union with the EU, Labour are the actual blockers to growth
0:12

Wes Streeting, "The question of European Union membership is settled" "It's been settled by a referendum and a number of general elections" Labour have coined the phrase builders not blockers, but by keeping the UK outside of a Customs Union with the EU, Labour are the actual blockers to growth

Farrukh

742,811 views • 1 year ago

Left: Nigel Farage says the reason you can't get a GP appointment is because 7.2 million foreign born people have come to the UK Right: Nigel Farage forgets to mention that the adults who are working all pay taxes, like you and me, so they're paying their fair share for the NHS The reason we don't have enough GPs is because the Conservatives cut funding for GPs, and Labour so far are hiring more PAs instead of GPs The GP shortage is a political choice, not the fault of immigrants who like everyone else here, are tax payers
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Left: Nigel Farage says the reason you can't get a GP appointment is because 7.2 million foreign born people have come to the UK Right: Nigel Farage forgets to mention that the adults who are working all pay taxes, like you and me, so they're paying their fair share for the NHS The reason we don't have enough GPs is because the Conservatives cut funding for GPs, and Labour so far are hiring more PAs instead of GPs The GP shortage is a political choice, not the fault of immigrants who like everyone else here, are tax payers

Farrukh

181,351 views • 1 year ago