EU Trade Deficit Hits Record High

DEFICIT GRAPH

Tumbling British exports and an increase in European imports means that the UK’s trade deficit with the EU hit an all time high of £23 billion between November and January.

The trade deficit – the value of exports minus the value of imports – is crucial for measuring British businesses overall performance overseas.

Meanwhile, British exports to the continent are at their lowest since 2009. Divided between the 28 EU member states you get an average gap of over £3 billion per each common market member. Merkel might not want a free trade agreement, but German businesses will… 

Buried away in the ONS’ official data is an increase in EU imports of £674 million in January, while British exports rose a paltry £12 million. This includes a massive £300 million import bung for the Netherlands, while flagging economies Italy and Spain were able to flog us £100 million worth of pasta and sangria each.

They need us more than we need them…

No, Britain Has Not Accepted Just 216 Syrian Refugees

The claim that Britain has accepted a mere 216 Syrian refugees has gone viral on social media, being shared thousands and thousands of times by worthy types who retweet without fact-checking. Just one problem: it’s nonsense.

Official government figures show that we had 1,688 asylum applications from Syrians in 2014, and a further 2,204 in 2015. The grant rate of 87% suggests some 3,400 Syrian refugees have come to Britain in the last two years, with around another 2,000 being accepted in 2011 and 2012. Whether you think that is enough is another question, but the true figure is more than is being claimed…

H/T @mjhsinclair/@FullFact

No, Corbynmania is Not “Sweeping the Nation”

“A movement is born,” claimed Jezza’s unofficial PR man Owen Jones last week: “across the nation, in every village and town and city you can see this movement emerging”. The hyperbole is even more generous in Owen’s interview with the man himself today: “in the last few weeks Corybnmania has swept across the country”. Well, has it?

The latest figures show there are around 270,000 Labour members.

In addition, around 70,000 have joined as affiliated supporters.

50,000 are so-called ‘registered supporters’.

A total of 390,000 people.

The voting age population of the UK is 50,780,423.

If we (generously) assume that around half of all those affiliated with the Labour Party support Corbyn – 195,000 people – then what proportion of the voting population is a Corbynista? Just 0.38%. 

Hardly sweeping the country…

Will Straw’s Spinning Swingometer

will-straw

Will Straw is one of the editors of a pamphlet from the Fabians – Never Again” – which basically argues that under Ed Miliband their policy offer was too left-wing. It also boasts that in the seat in which he was standing – Rossendale and Darwen – he increased Labour’s vote by 2,000. Up to a point Will…

Rossendale and Darwen’s voter turnout was up by a similar 2,000, the Tory share of the vote went up by 4.8%. Tory Jake Berry increased his majority over Will Straw’s Labour. Expect more spinning of statistics like this when Will starts working for the “Yes to EU” campaign…

Shocking Cabinet Gender Pay Gap Revealed

cabinet gender pay gap

Following the government announcement today that they will force companies to disclose their gender pay gap, it seems only right to look at how David Cameron performs on the same metric. After all he himself says the requirement will “cast sunlight on the discrepancies and create the pressure we need for change, driving women’s wages up”. Quite…

After carrying out an extensive gender pay audit, Guido can reveal that female members of the Cabinet are paid a shocking 8.4% less than their male counterparts. Men in the Cabinet are paid on average* £126,478 , while women on average* are paid just £116,693…

*Calculation based on the mean average wage by gender for all who attend cabinet.

Londoners Look to Driverless Tubes

The tube strike is over and, courtesy of Google Trends, Techno can provide some insight into what Londoners thought of the £50,000-a-year drivers who made them late for work. Searches for “driverless trains” rocketed over the last 24 hours…

driverless trains london

As Techno has revealed before, the only thing stopping the introduction of driverless tubes is the lack of political will to get tough on the trade unionists currently driving them. Robots don’t strike…

What the Welfare Budget Looks Like Minus Pensions

Counting pensions as an old age ‘benefit’ has provided lefties with data-based ammunition against small state conservatives who want to slash the welfare bill. Looking at the graph below, targeting proportionally tiny housing benefits or tax credits looks futile – superficially at least – when 42% of the ‘welfare’ budget is spent on pensions:

You can see why lefties love using this statistic – it grossly skews the welfare bill to make it look like we hardly spend anything on the things their opponents want to cut.

So what does the welfare budget look like if we take pensions out of the equation?

This truer reflection of the welfare budget sees the other slices of the pie double in size.

30% of the non-pensions budget is spent on family benefits, income support and tax credits, some £45 billion.

Housing makes up closer to 20%, £26 billion.

A much clearer illustration of what we spend on welfare than lefties and the ONS would have us believe…

Twitter Brain: Mensch Analysed

TWITTER-BRAIN

Guido has heard it said many times that Louise Mensch needs analysis and today we have analysed her Twitter account. Currently she is tweeting pretty incessantly about Tim Hunt, the professor hounded out of public life for making a few humorous remarks about women in science. The twitterati’s feminazi wing took exception and the Nobel prize winning scientist was ruined. Louise has documented the case for the defence in detail on her own website

Anyone who follows Louise will know that she is tweeting about it a lot. By “a lot” Guido means continuously. Incessantly. Relentlessly. Non-stop. Around the clock. On average currently Louise is tweeting 280 times a day, about once every 5 minutes, 24 hours a day…

mensch247

In comparison Guido tweeted 33 times a day on average in June, well when we say “Guido” we mean one of the 4 Guido staff writers and of course about a third of those tweets are automated. Here is the analysis of @LouiseMensch for last month:

mensch-tweets

Let’s hope Professor Hunt is grateful for her campaign on his behalf. Louise – consider this an intervention – put the iPhone down…

Gordon’s Tax and Benefits Mess

tax+benefits

According to an ONS release today the mythical average household is £31 better off after taxes and benefits are taken into account. Think about all the complexities of tax collection collection and benefit calculation, the bureaucracy and time wasted. It […]

+ READ MORE +

No, 250,000 People Did Not Protest On Saturday

_83757829_de27-1

Numbers have never been a strong point for the left. Hence why Owen Jones and his new mate Charlotte Church were pushing the quarter of a million figure for Saturday’s march in London. It’s nonsense.

Even lefties are sceptical:

[…]

+ READ MORE +

Posh Pushier Politically

comres-turnout-by-class

Comres have a new voter turnout model for ‘Lazy Labour’. The key takeaway from this is that in mainly poor constituencies turnout is 20 percentage points lower than in mainly affluent constituencies. Not too posh to be politically pushy…[…]

+ READ MORE +

The Truth About “Dr” Eoin Clarke

eoin-librarian

Much amusement as Andy Burnham’s favourite blogger continues to damage the Labour cause. After Burnham moved yesterday to distance himself from dodgy photoshop nutter ‘Dr’ Eoin Clarke, it emerges that Team Miliband also viewed the proven bullsh*t artist as an […]

+ READ MORE +



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