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- เผยแพร่เมื่อ 28 ก.ย. 2024
- The Conservatives claim Brexit has enabled the UK to leapfrog a number of other countries to become the fourth biggest exporter in the world.
Sky's Ed Conway has been looking at the trading statistics to see if this stacks up.
Read more here: news.sky.com/p...
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Can we appreciate how good this guy is in cutting through politicians crap & points out straight facts. Great journalism.
Exceptionally good...!!!
Excellent. Just like the Radio 4 programme “More or Less” which has been examining such numbers for many years now.
Unfortunately, it’s trendy to hate the BBC and all it stands for 😀
@@Pikestnt Not lived in the UK for 15 years but I used to love Radio 4
He destroyed farages 20k tax policy yesterday showing it will only benefit the wealthy, the bots didn't like it, it wasn't on their script
Except he failed to point out the crash to 6th place on the first chart in 2016. I wonder what happened in 2016?
I wonder why they didn't include 2023? According to the international figures available, including gold, the UK sits in 13th place for exports...
Yes, I was arguing with a brexit supporter last week about that claim of 4th, just rechecked Statistica and Yes the UK was 13th in 2023. If I remember right in 2022 we were the 4th largest importer?
russian oligarchs have no power
probably sanctions on russia. Russia is a huge miner of gold and Russian mining companies listed on London before the war.
sanctions pushed them all abroad now to china and dubai.
Britain might be 13th for goods exports. But including services (things like tourism or financial services) its exports would be a lot higher. The UK is still the 5th or 6th biggest economy in the world so 4th is perfectly reasonable
@@mandrewsfI’m pretty sure they included those in the exports, not entirely sure though.
Oh wow, the UK doesn't even mine the gold. Yall just handling it back and forth, counting it as export
It's worse than that, most of the time we don't even handle it. It stays sat in the same palce, it doesn't move, just the owner changes.
Ed Conway is an asset to Sky. Love the way he is able to use statistics to tell the truth about what is happening in the UK.
Why did no-one call Farage out? He's been parroting this rubbish for weeks.
A Romanian Beggar outside every supermarket in London thanks to free movement from the European Union, fantastic take a bow 😢
@@silondon9010 Freedom of movement allowed us to deport them after 1 month.....but we never used that right. Take a bow
@@stephenconway2468 yes I remember that happening 😭😭
@@silondon9010 So Brexit was worse than useless. We had the controls for EU migrants.
@@stephenconway2468 Free movement was a wetdream for big business and the oil 🛢 for the gig economy
Zero seats.
Tory 2024💪💪💪💪
Conservative will win some seats
They will get more than rejoin eu lol
Well Done Ed Conway !! Unreal reporting !! This what the media should be !! Helping us get the truth !!
SO TRADE IS LOWER THAN 2016......I wonder with which trading block?
*MONEY LAUNDERING GOLD* thats a Brexit benefit...!!!
It’s not as if the gold in London vaults even moves. It’s just traded around between foreign entities.
Politicians must adapt to the reality that lies and half-truths will be exposed much quicker than in the past. If they want to be successful liars.
If only !
The first claim sticks with people, even if it is a lie that is disproven later. It's why slander is so bad.
I don’t even need to watch the video - if Sunak said it then it’s obviously not true 🤷♂️
He Is deaf and blinde
As if An ultra orthodoxe far right figure
Torries clutching at straws as always.
Great journalism! I can't remember the last time I said that about a main stream media outlet, please keep it up!
So in fact Britain is the fourth biggest exporter of numbers ,no production no shipping no boarder checks just numbers on a screen. We need some sort of industrial revolution,OH we did .
Sunak is delusional 🤣🤣🤣🤣
I live in Korea and YT provided a statement below your comment " Translate to English" . Very few know this, Sunak translates to " Knob" in English.
Vote Tory 2024. Go Rishi, go Tory🎉🎉🎉
@@johnnyj2066go Tory🎉
Our exports plummeted when we left the single market.
Actually this story was first published in City AM and relied on an UNCTAD dataset, which included all exports (including gold).
It is true, the UK did become one the largest exporters in the World.
However the same dataset also showed that since Brexit the level of UK imports has surged to the extent of causing a world-class Balance of Payments crisis, a point which was entirely ignored by City AM and the gutter-press.
UK exports (including Gold) have increased partially owing to Sterling weakness and in spite of that weakness imports have surged, indicating a diminished productive capacity, further inflation and a looming crisis.
The numbers don't add up we are not even in the top 10 exporter the man is a liar really bad liar
Sell off gold reserves and claims it as exports 😂
They count financial services as "exports" so stock trades in the city count as exports
Sending people to rawanda and giving them 30000 is also counted as export.....
@@ulfosterberg9116 what 1 person? 🤣
@@RazorMouthThey probably count that 1 person as £300m of exports
That was excellent and to the point, well done.
Good work and reporting
This is why journalists should use independent datasets,.not just report the nonsense that politicians say...
Farage always says "exports are up since Brexit" but exports of small businesses to EU are down, so exports would actually be even higher were it not for Brexit.
Everything he says should be taken very lightly, except when he's gloating over his paymaters in the Kremlin
Thanks. Nice journalism
"Nuanced" indeed. Nice work!
Export powerhouse yeh, because our major docklands aren't full of tourists or students or nothing, and our production factories and farms definitely aren't almost non existent, we export nothing but other peoples riches to conserve for themselves
The gold that passes through the UK doesn't really benefit the UK economy to any great extent, Unless it comes from all those UK gold mines that are situated next to the Yorkshire Tea plantations. BTW has the UK balance of payments suddenly become positive because of it? 😀😀😀
Export what? We have no resources
UK gold reserves 😂😂😂😂😂
Services mainly. We have people. Architecture, banking, that sort of thing. Also, "we have no resources" is patently false.
@@tophat593 I mean even our lamb comes from new Zealand. To be 6th is still pretty good tho.
Sunak to be appointed as a janitor 🗑
NO! We want someone competent as janitor!
@@corvus1238 ismail osman is set to be janitor 🗑
Golden journalism here
When I read " The Forth is no longer with us" I almost spat my dinner over my keyboard. I love the british humor
Finally, journalism! Story, investigation, factual conclusion.
There are three kinds of lie: Lies; Damned Lies; and Statistics.
An completely unforeseen correlation between exiting a huge market which we export to and exports shrinking
Who'd have thunk it?🐥
@@bryandavidson6386 Not Sky News at the time, but they seem to be catching on now
@@gemmell761 stop being unreasonable. It's only been 8 years... takes time to realise what's going on lol
@@bryandavidson6386 my sincere apologies to Rupert Murdoch and everyone else and Sky News. Not Sky News: Australia though, they're absolute lunatics
So the war in Ukraine is actually helping by keeping the gold price and demand up
This is the Farage affect, we are exporting so much compositable materials now for fertiliser, we are world leading.
Did farage sell off all our steel and coal powerplants to China and India? Nope
Damn, I really wish my country have journalism like this.
Ah, reality, a politicians' Achilles' heel.
Great to see some actual journalism and callng these liars out on their lies.
Nice to see some forensic analysis.
THIS is journalism ! Keep on.
Lies, big lies, then statistics…..how true it is
Been really impressed with Ed Conway recently. I don’t have the best opinion of Sky overall but Ed really does do excellent analysis. Would also shout out Sky’s Beth Rigby as being one of the best in the business and ran IMO by far the best debate of the election.
This is how to do journalism. Wonderful work.
Exporter of bloody what?
This guy is excellent. He represents what journalism should be about. He takes a politicians claim (Statistics based claim) and then examines the statistics and the claim to see if they are fair representations.
The result confirms what we already know which is Brexit was bad for business and bad for Britain and Rishi's claim was just a Brexiteer grabbing at straws.
I like this type of journalism. Refreshing.
Excellent reporting. I always thought there was something wrong with those figures
Very shrewd of Fartrage to upset the biased media.
Did he make the same adjustments for the other economies? He made no mention of it. While other countries may not import / export as much gold as the UK (due to it's position as a financial centre) removing it from the UK figures but not the others is just skewing the figures in another direction.
There are lies, damned lies and statistics.
This is great journalism!!
Very fine analysis
As Mark Twain quipped: "There are: Lies, damned lies, and statistics"
Great job
Excellent analysis by Sky. I'd like to see more like this, thanks. Is Sky actually getting better?
It's not just Sunak, it's the Institute of Exporters and others. It's down to the UK re-exporting LNG to the rest of the EU. Not dissimilar to Holland's re-exporting imports to the rest of the EU flatters their exports.
Uk has a massive market in financial services , insurance etc which he's probably taking into account. Uk would be well down the list for actual manufactured goods .
He is out of breath, get the man a glass of water!
I'd say UK is after China, USA, India, Russia, Japan, Germany, Indonesia, Brazil.
That makes UK fourth biggest in G7.
Great journalism.
so leaving a trade cooperation agreement makes u export less? who wouldve tought
Lots of ‘spin’ and lies from the Tories and Liebour! I’d rather vote for Reform.
Nope. It’s a fallacy. It is based on one-off results and masks the fact that the UK’s trade deficit is at record levels, thus reducing GDP.
this reminds me of a "cunning plan" i had back in college. i thought why can't two tiny countries sell a pebble back and forth to each other for 10 trillion dollars. so in one move one will make 10 trillion and the other lose 10 trillion. but...wouldn't gdp just see the ten trillion? if a country had to count debt and only use the net profit then wouldn't a lot of big countries be negative? so just from two blatant fake trades the two countries could get an invite to the g7 😀which hopefully comes with fancy meetings and free dinners
[in case it wasn't obvious, my major wasn't economics 😛]
The finance industry wants us to measure in GDP, because the only way to meaningfully increase GDP is to issue debt. And that's the core product of the finance industry. QED.
Hence all our govt policies are all about increasing debt - it's what favours the finance industry. It also however causes inflation and wages can't keep up, so it achieves capitalism's aims - removing earning power from those lower down and pushing it up into asset values higher up the food chain.
Privatisation is favoured because private entities work using/raising debt, even borrowing to pay shareholders, and that's not on the Govt books. So the govt can claim to have increased the size of the economy , even if it's poor value or even worse jeapordising the future (eg water companies).
Capitalism was never about sharing.
Thanks Skype news, for such excellent fact checks. Please keep the good work going. We have got enough from politicians misleading us and their supporters yelling loudly and covering up the truths and facts. We need voices like this to be the majorty and loudest.
I'm amazed my tiny country the Netherlands is sixth in the world.
Perhaps the wealth metric should be based on the density of food banks per sq mile. I’m sure the UK has seen a world beating increase over the past 14 years.
Soooo we exported more before Brexit (2016). As we all thought then.
Why cant skynews Australia be like this
Didn't Farage make this claim also? To back up the 'success' of Brexit.
Don’t think so.
Ed Conway has been showing some really important stats and analysis that no other mainstream seem to show including newspapers.
This is good reporting. 👍
We fell because we are a service exporter and Covid wiped out face to face interaction, and therefore a lot of services 🤦♂️
What exactly is Britain exporting?
An Empire , on which the Sun Never ....
Did we also import and export a lot of energy after Russia invaded Ukraine? That would distort the figures too.
I was sending orders all over the EU until we lost the customs union with them. Number 1 importer of refugees and students with dependents.
Not even close to true, the UK accepts one of the lowest amount of refugees per 100,000 of population in the developed world and is 64th globally.
I always wonder why English people think the UK does so much for refuges when even a quick google show that relative to the rest of the world they really do very little, I guess empty vessels make the most noise.
Obviously Sunak doesn't want people knowing about the gold.
Big deal…..Singapore with one eighth the size of Britain was ranked eighth.
Very interesting
So post brext we are genuinely worse off. Coming feom the pro tory Sky News channel this is quite an amazing revelation.
wow! how they manipulate the numbers
I love seeing this analysis to cut through the gimmicks
Exporter of what? Migrants to Rwanda?
The fourth is with us, Always.
very droll, well done :)
The analysis was reasonable. Last part was very good. But - ranking is a meaningless number. 3 vs 4 vs 5 means nothing. Net Exports - the financial amount is the relevant number. Im amazed that the report did not quote those at all. That directly ties into jobs, benefits for workers and economic health. Ranking has no correlation to benefits.
Aren't average and mode supposed to be different things? Excuse me if I'm missing something, but aren't these statistics being conflated here?
there are three types of average - mode (the most common value in a data set) mean (all values divided by the number of values) and median (the middle value) so mode is a type of average.
Is that including arms deals?
Someone got screwed out of it and it wasn’t the wealthiest of Britains
He didn't even ask if France, Japan and the Netherlands went down!!!!
Wtf does the UK still make 😂
Cars , R R , Baintlley , Land Rover
Clothes : M & S , Burberries
Candies : Quality Street ( MACHINTOCH )
Computers : Amstrad
Tourism Tours excurssions , London
That means he is wrong and misleading.
This is super interesting. And quite good journalism. What I would have loved to see was how it looked back when Labour was last in power. Because that would better showcase the difference between the leadership of Labour vs. Conservatives.
But before Brexit. Gold was still part of the stat no? If yes.. then Brexit didn't change much for that part?
Begs the question as too where all the money goes.
Britain's #1 exporter of its entrepreneurs and golden minds 🤣
same with imports really
People knowingly try to blame the pandemic issues on brexit but despite all of this UK is doing pretty decently
Just at the time we import record amounts of Chinese steel. German and French cars. And not exporting our own anymore
Good journalism.