Politics UK
Brexit Causes 2% Drop in UK Growth: The Economic Effect of Brexit – TLDR News
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Following the latest UK budget, we thought it was a good time to take a look at the implications of Brexit on the budget. So in this video, we dive into the budget documents and the Office for Budget Responsibility’s reports to see what Brexit has done to the UK economy so far.
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As oil drilling moves closer to reality, we explore how it could transform the Falkland Islands’ economy, politics, and long-running sovereignty dispute with Argentina.
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SOURCES
FT Argentina Angered By Prospect of Oil Boom in Falklands
https://www.ft.com/content/ce25f41d-49e2-42e3-956e-dab0de9301e4?syn-25a6b1a6=1
The Times Drilling to go Ahead at Sea Lion Oilfield
https://www.thetimes.com/business/companies-markets/article/drilling-confirmed-sea-lion-oil-field-rockhopper-falklands-5nz8npwpw
The Times Falkland Islands $4bn Oil Bonanza
https://www.thetimes.com/business/economics/article/falkland-islands-4bn-boost-oilfield-go-ahead-6crtkvqzk
Yahoo Finance The Falklands are Turning into a Mini Dubai
https://finance.yahoo.com/economy/articles/falklands-quietly-turning-next-dubai-180437990.html
BBC News Quick Guide: The Falklands Economy
http://news.bbc.co.uk/nol/shared/spl/hi/picture_gallery/07/in_pictures_the_falklands_economy/print.stm
0:00 How the Falklands are Becoming a Petrostate
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The UK government recently released a green paper outlining plans that could fundamentally change the way YouTube works in the UK – favouring public service broadcasters (like the BBC) and potentially killing independent creators (like us).
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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In this video, we’re going to have a look into the Clacton by-election, why the other parties have stood down, what Farage’s plan is, and why it seems like it may have already backfired.
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
SOURCES
Telegraph Farage By-Election Gamble Turns to Farce
https://www.telegraph.co.uk/politics/2026/07/07/farage-resigns-but-by-election-gamble-turns-to-farce/
BBC News Farage’s Political Rivals Rule Out Standing in Clacton
https://www.bbc.co.uk/news/articles/cjdg4y3g0z7o
The Guardian Political Rivals Vow to Boycott By-Election
https://www.theguardian.com/politics/2026/jul/07/nigel-farage-quits-as-mp-amid-scrunity-over-finances-clacton-reform
Politics Home Labour and Tories Refuse to Field Candidates
https://www.politicshome.com/news/article/labour-tories-refuse-stand-candidates-clacton-byelection
Politico Badenoch Says Farage Cracking Under the Pressure
https://www.politico.eu/article/kemi-badenoch-nigel-farage-pressure-by-election/
0:00 Nigel Farage vs Count Binface: The Clacton By-Election Explained
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It seems pretty much a certainty that Andy Burnham will be the next British prime minister. Exactly when it happens depends on a few factors. We outline some of the reasons an early general election is likely.
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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@city3015
January 3, 2024 at 7:07 pm
What economy? Trains are empty, people don't work, there is no drivers, no chefs, no factory stuff. UK is falling down.
@kennethphillips4000
January 3, 2024 at 7:07 pm
Bollocks the UK is doing better than the EU country's its the covid not brexit effect
@rudolf7983
January 3, 2024 at 7:07 pm
You wanted a Brexit, now enjoy it.
@StephenRayner
January 3, 2024 at 7:07 pm
Love it! Thank you
@CorsairSoul
January 3, 2024 at 7:07 pm
I don't think anyone is actually expecting things to improve, they just want it all over with.
@freudsigmund72
January 3, 2024 at 7:07 pm
4:23 Am I worried the UK economy will decline as a result of Brexit? No, not at all. It is a sure thing. I am only curious on how bad it is going to be. Bad, Very bad, extremely bad or catastrophic. The last one added because now of course in combination with a certain virus.
@ayakiria6597
January 3, 2024 at 7:07 pm
Not exactly the best video to make, considering that all countries are losing growth.
@wollkann
January 3, 2024 at 7:07 pm
I guess no body gives a sh*t to brexit anymore i suggest you to focus on corona virus. That is the hot topic now.
@ronaldderooij1774
January 3, 2024 at 7:07 pm
I am at a loss when people ask themselves if these figures are influenced by Corona virus. WTF? These data come from years ago. The report probably was compiled in january when nobody could know how bad Corona was (outside Wuhan). How in the world are people so stupid to put these nonsense comments in the comment section?
@vincentmckenna1755
January 3, 2024 at 7:07 pm
We were told the impact of brexit in 2016 didn't happen
@dirtydawg448
January 3, 2024 at 7:07 pm
You are dangerous – we are still trading with the EU and don’t know on what basis we will be trading with them moving forwards – consequently the cost of Brexit cannot be computed properly yet – don’t believe me? – do your next report on the state of German output then
@johnnymauchline4556
January 3, 2024 at 7:07 pm
🇬🇧🔚🏴
@a_Minion_of_Soros
January 3, 2024 at 7:07 pm
As an EU immigrant, it is an od position to hold, but I am glad that the UK left, even at this cost, as the EU is a Bueroucratic Oligarchy. Fortunately I retain my privilege of remaining in the country, thank Her Majesty, and can finish my studies here.
@robinferdous9164
January 3, 2024 at 7:07 pm
Where's the source?
@rvanzo925
January 3, 2024 at 7:07 pm
To determine the impact we should get what happens with EU GDP and some selected countries (such as France, Germany) and compare. Because Coronavirus and it’s aftermath will for sure impact economic growth left and right.
@seasonedstart1961
January 3, 2024 at 7:07 pm
I think, given Covid-19, we'll never really know the full effects of Brexit. Certainly both sides of politics will try to downplay one of the two events (Brexit or Covid-19) to support their opinion on whether Brexit should or shouldn't have happened.
@sirmaggie4342
January 3, 2024 at 7:07 pm
Would have been, should have been….. state facts please and dont use generated speculative lefty reports.
@Jamie_Johnson
January 3, 2024 at 7:07 pm
"EU funding that the UK got before leaving"
No such thing.
As a net contributor, it was always UK money.
The full extent of the savings from leaving the EU will be more that a Remain leaning youtube channel is likely to want to admit!
@benjaminnelson5455
January 3, 2024 at 7:07 pm
It sounds like at least part of this report is saying: We hurt economic growth by 2% by dragging out the original referendum for three years, but since nothing can ever be blamed on the collectivists we'll blame it on Brexit finally happening instead.
Also, how much of this is actually Brexit related at all? Coronavirus has done a number on economic growth worldwide, and will likely continue to be felt for the rest of the year.
@whattheflyingfuck...6787
January 3, 2024 at 7:07 pm
oh no stock markets are plummeting 😈
@cheetang9494
January 3, 2024 at 7:07 pm
Meantime, how about putting Brexit aside and focus on Covid-19. My head is about to explode.
@andyjohnson6161
January 3, 2024 at 7:07 pm
Nothing to do with how Corona virus has hit us or e.u even harder
@matthewbaynham6286
January 3, 2024 at 7:07 pm
How can it be labelled as "project fear" when it's a government report from a pro-brexit government?
@XENONEOMORPH1979
January 3, 2024 at 7:07 pm
markets drop then rise ,and you have the virus,including we have not signed contracts yet to the commonwealth so hold ya bloody horses
@jaimecosta2966
January 3, 2024 at 7:07 pm
Brexeteas are not going to be happy with you análise…. Shame on brexiteas
@realityalwaysbulliesopinio1961
January 3, 2024 at 7:07 pm
This is no surprise, there was always going to be a short term loss for long term gains. Considering we were forced to drag our heels for 3.5 years, the current transition period and the corona virus, 2% is not that bad. It's not the absolute armageddon that was predicted.
It will get worse before it gets better and it was always to be expected.
@dallasmcquarrie1937
January 3, 2024 at 7:07 pm
Get used to it! From a purely economic point of view, leaving the E.U. was about the dumbest thing Britain could have done.
@Philiptanzer
January 3, 2024 at 7:07 pm
It isn't necessarily easy to quantify, because we're always measuring against an imaginary world where we didn't vote to leave (so no real data on that). We also have the titanic effort to stop Brexit to thank for a lot of the added uncertainty. As time goes on we're going to see a lot of "my projection 5 years ago made 20 years into the future said we'd be richer by now" and I don't think that is a particularly impressive statement to make (and will be even more foolish since no one predicted Corona).
Give it some time, investment has been slow for many good reasons, and will likely continue to be slow due to Corona. But we're talking about change for the future, and that will include dodging Erdogen's blackmail every few years and costs across the EU caused by Corona.
@justinthyme184
January 3, 2024 at 7:07 pm
there will be ZERO benefits to be outside of the EU…what fkn benefits are there? The england bank's forecast was that the fallout/downturn of BREXIT will last for a generation
@justinthyme184
January 3, 2024 at 7:07 pm
a shit show is on schedule and we all have been handed mandatory tickets to it
@srick9309
January 3, 2024 at 7:07 pm
I smell a recession
@colinjohnston5734
January 3, 2024 at 7:07 pm
2% of total growth? That’s less than Canada lost when the natives blocked our rails last month for like 14 Business days.
@LjokerMarliac
January 3, 2024 at 7:07 pm
This video only proves that this remainers still don't understand why people voted for brexit
@mfdoyle5879
January 3, 2024 at 7:07 pm
It's not so much Brexit. per se. that will damage Britain. It is the hostile, insulting, negative , abusive way it is being pursued. It's ourselves British, alone, to hell with everyone else.
@grahamsimpson4084
January 3, 2024 at 7:07 pm
UK will be fine now we are out of the eu.we will bounce back.
@chihuahuadachshund4264
January 3, 2024 at 7:07 pm
Why is it all there is no pro Brexit comments…. you must be deleting them.
@chihuahuadachshund4264
January 3, 2024 at 7:07 pm
Remoan remoan …. I suppose Europe is doing REALLY WELL!!!! Not
@timogul
January 3, 2024 at 7:07 pm
Sadly, both the US and UK governments will blame the virus for any economic downturns, rather than the horrendous public policies they've been engaging in.
@ICENI-Britannica
January 3, 2024 at 7:07 pm
In case you failed to notice, the economy over the entirety of the EU is failing; not because of Brexit, that is just the tired old horse that you people keep dragging out at every opportunity because it’s an easy excuse, and then no-one in Europe has to shoulder any blame. Of course Covid doesn’t help, no brainer there then. Well, perhaps we should blame Brexit for the great plagues, the great wars and other catastrophes of history; then you can all lay in your beds and think yourselves chaste and blame free. Wake up people, take responsibility for your own lives and futures; then perhaps we can all move on.
@airzoomhuarache
January 3, 2024 at 7:07 pm
No more European funds against coronavirus for the uk Sorry!! 😆
@whoflungdung1046
January 3, 2024 at 7:07 pm
FAKE NEWS
@ollie2052000
January 3, 2024 at 7:07 pm
Brexit will cost us a lot more than 2% growth. It’s expected to cost us at least the same as every penny we ever paid to the EU.
@ElSeto93
January 3, 2024 at 7:07 pm
Leaving the EU, having medical import problems etc becuz of it and now the Coronavirus hits them. Oh boi, the poor UK.
@gubusgubus6322
January 3, 2024 at 7:07 pm
The Remainiacs and Remaintards predicted armageddon back in 2016 as a direct consequence of Brexit referendum…..and what was happening 😃 cheers suckers
@gubusgubus6322
January 3, 2024 at 7:07 pm
Economical predictions are bullshit all the time
@gubusgubus6322
January 3, 2024 at 7:07 pm
What about Eurozone