POWER LOSS: EDF published bleak financials yesterday, with the fallout of how the French govt handled the energy crisis resulting in them showing a nearly €18bn loss in 2022, giving them a total debt of nearly €65bn.
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DE 🇩🇪 - Bild
FLUG ZONK: An airport workers strike in Germany resulted in more than 2,300 flights having to be cancelled, and over 300,000 passengers travel plans ruined.
The workers in strike are wanting a 10.5% pay increase.
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Also in Bild 🇩🇪
EUROZO-NO GO: Bulgaria has decided to not rollout the use of the Euro currency in 2024 as planned, with high inflation listed as one of the reasons for the delay.
Croatians, who adopted the currency in January, have complained of price rises due to it.
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MT 🇲🇹 - Times of Malta
SAUSAGE FEST: For the first time in recorded history in Malta, census data has shown that there are more men than women in the country, at over 52% of the population.
The shift in demographic is attributed to an influx of foreign nationals.
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I see that @PeterTatchell wants to "Thank #Brexit Voters" for needing a €7 visa-waiver every three years, from 2025 onwards.
Not to pat myself on the back, but I've got a few things I'd like to thank Brexit voters for as well, if you'll indulge me.
A Thread🧵
#ThanksBrexit
If the UK was still a member of the EU, its core net contribution to the EU budget would be in the vicinity of €14-16 Billion (12.5% of annual EU budget, minus rebates).
That's money that can now be spent on UK priorities instead.
#ThanksBrexit
If the UK was still in the EU, 75% of all customs revenue taken at the UK borders, would be handed over to the EU.
That's around £2-3 Billion extra a year to spend on UK priorities instead.
This is the worst thread i've ever felt necessary to create. I've had so many people reply to me over the past few days, denying that there is a problem with knife crime in this country - so I see this as required reading.
⏬Please Scroll⏬
August 1st
"Teenage girls held in custody after High Wycombe stabbing"
I have collated 50 tangible Brexit benefits, fully evidenced and demonstrably true.
Some may not like that they exist - but that doesn't change the fact that they do.
👇Scroll down to see them in this megathread 👇
#BrexitBenefits2024
[ 1 ]
As one of the larger economies of the EU, the UK was a net contributor to the EU budget - which means that it paid in more each year than it received in return.
The UK was responsible for 12.5% of the annual core budget of the EU, which in 2024 was €189 Billion - which would in turn have resulted in a gross contribution from the UK of around €24 Billion, were it still to be a member.
This would have meant a likely net contribution of around €14-16 Billion in 2024 - money that can now be spent in the UK instead.
As an EU member state within the Customs Union, 75% of all customs revenue (it was 80% at the time the UK voted to leave) goes into the budget of the EU.
Now outside of the EU, the UK HMRC receives 100% of that revenue, to spend on public services - currently estimated at around £2-3 Billion extra a year.
In March 2022, I was asked to provide 10 "Tangible Benefits" of leaving the EU. So over the course of a lunch break I wrote a list of 10 and sent it over.
Since then it has been shared thousands of times, and even made the press.
Since that time in March 2022, as more benefits came to fruition, I have done the research - and those where I was able to confidently demonstrate and verify a true Brexit benefit as existing, I added to the list.
Today I’m adding the 30th item onto the list. Triple the original challenge.
So to celebrate the task having been delivered many times over, and to reflect that time has passed and some items in the list needed updating as to current status, I have decided to rewrite the full 30 items in a new post - so please, sit back and enjoy.
Also worth noting that I have been asked many times to back up these claims, and many times I have provided the evidence – but this time through I will include the source material within the tweets, so you can see it for yourself.
Link: The original thread -
Link: The “One Year Later” thread -
Link: The Daily Express article:
Before I proceed to the list itself.
This is not intended to be an exhaustive list - merely one which I can say that I have fully researched and can defend as being truly a benefit of leaving the EU.
That is not to say that disbenefits do not exist - merely that benefits *definitely* do.
Oh and credit where it is due to all of you who have helped over the last few years in cultivating this list, and thanks to for the one or two AI images used in this opening.
With the CPTPP accession now signed and awaiting ratification, and the India FTA wrapping up the final tough nuts to crack, what else is going on with UK international trade?
Plenty!
Here's a quick rundown 🧵
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The negotiations that are known by me to be in flight right now:
CPTPP Accession (Ratification)
Canada FTA Upgrade
GCC FTA
Greenland FTA
India FTA
Israel FTA Upgrade
Maldives FTA
Mexico FTA Upgrade
Switzerland FTA Upgrade
Switzerland Fin Svs Agmt
USA State Specific MoUs
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UK 🇬🇧 -🌏🌎 CPTPP Accession
✅Agreement in Principle: 31 Mar 2023
✅Signed Accession Protocol: 16 Jul 2023
📅 UK Ratification: 2024
📅 CPTPP11 Ratification: 2024
📅 In Place: October 2024
This graph has really wound me up today. Not because it was saying something surprising - I don't think anyone would be surprised that the age category in question is more supportive of EU membership.
The reason that it has wound me up, is because it is a LIE.