How did Liverpool vote compared to other cities on the EU referendum? – The Liverpool Echo has an interesting report.
How did Liverpool vote compared to other cities on the EU referendum? – Liverpool Echo
I have mentioned before the appalling influence of the right wing British press on public opinion. Here is some proof:
As you can see the whole of the Liverpool region voted 58,2% to remain although according to the Joseph Rowntree Foundation referendum analysis they should have come out on the Leave side due to their socio-economic make-up. Why did they vote so differently from the rest of the UK?
There is only one possible explanation – ever since the Hillsborough disaster 28 years ago the SUN newspaper has been boycotted in Liverpool….
I think that is quite conclusive!
The people have spoken in the referendum, but the puppeteers pulled their strings!
Ursula Weidenfeld paints a one-sided and negative picture of co-determination (“Beware of imitating the German model, Mrs May”, July 13). As an essential part of the social market economy model, it has served Germany incredibly well after the war and is supported overwhelmingly by business.
Ursula Weidenfeld paints a one-sided and negative picture of co-determination (“Beware of imitating the German model, Mrs May”, July 13). As an essential part of the social market economy model, it has served Germany incredibly well after the war and is supported overwhelmingly by business. In particular, Ms Weidenfeld’s assertion that it hinders innovation couldn’t be further from the truth — just look at Siemens, Bosch or the car industry, and the leading position Germany holds with patent applications.
Apart from the obvious advantage of communicating with your workforce, co-determination also acts as a safeguard against the kind of takeovers that are for the benefit of shareholders and management only. It forces companies into long-term thinking and more concern for market share than for short-term profit maximisation, with the survival and wellbeing of the company being paramount goals.
Clearly Theresa May will have huge opposition to backing something like a stakeholder model, as Tony Blair experienced when he made his famous speech in Singapore in January 1996. Rupert Murdoch stopped him in his tracks. The first salvos have already been fired.
Bob Bischof London SW1, UK Vice-President, German British Chamber of Industry & Commerce; Chairman, German British Forum
I don’t think the British people per se are anti-Europe but they have been fed misinformation for years by the puppet masters of the rightwing British press, which has such a huge circulation advantage over the liberal press. To make out that they are doing this for the working class people of Britain is the con of the century.
The Brexit supporters constantly mention that Britain can easily stand alone, being the fifth largest and fastest-growing economy among the Group of Eight countries.
First, as David Smith, the fiercely independent economics editor of The Sunday Times has pointed out, Britain is by purchase power parity (PPP) the 10th largest; and as for gross domestic product growth, the much maligned eurozone grew by 0.7 per cent in the first quarter of 2016 against 0.3 per cent in the UK and is forecast to be ahead over the full year. Naturally, David Cameron can’t mention this fact, as he would be accused of talking the country down.
My second point is that I don’t think the British people per se are anti-Europe but they have been fed misinformation for years by the puppet masters of the rightwing British press, which has such a huge circulation advantage over the liberal press. To make out that they are doing this for the working class people of Britain is the con of the century. I only hope that enough people will see through this and that the famous British common sense will prevail.
London SW1, UK
Vice-President, German British Chamber of Industry & Commerce; Chairman, German British Forum
When the Germans are bad, they are b……y awful, but when they are trying to be good, they seem to be more annoying and irritating to some.
This letter appeared in the Times on 26 December 2015; we here have also the unedited text
Edward Lucas must be congratulated on his thoughtful article today (“Self-righteous Germany has left guilt behind”) – in spite of its misleading headline.
When the Germans are bad, they are b……y awful, but when they are trying to be good, they seem to be more annoying and irritating to some. These are of course two sides of the same coin.
As a German, who has lived and worked in Britain for over 40 years, I am beginning to be proud to be German again. The latter side of the coin suits me and my countrymen definitely better. Long may it last.
As for Britain leaving the EU and inevitably hitching closer up to the US, I hope the famous British common sense will prevail.
Chairman, German British Forum
Vice-President, German British Chamber of Commerce & Industry
Although I can go along with Ed Balls’ general comments of Britain in Europe (“The risk of fumbling the Europe poll”, July 22), I don’t agree with his and the general British public’s belief that it is such a godsend for Britain not being in the euro. It certainly isn’t for exporters!
Just like the other “independent minded” nations’ currencies, sterling has been revalued over the past 18 months by around 30 per cent and is nearly 40 per cent higher than at its low point in 2008-09. British exports to Europe and the rest of the world are suffering and importers are gaining market share with disastrous effects on the balance of payments, which is heading for a record deficit of about 6 per cent of gross domestic product. At the same time, the eurozone is heading for a balance of payment surplus in 2015 of about €200bn. It shows that currency markets don’t follow the real economy but interest rate expectations, and that individual countries’ currencies become a plaything for the markets.
UK manufacturers don’t just suffer from the overvalued currency, but also have to bear the cost of currency exchange and hedging. Germany and the other eurozone members can trade without the volatility and uncertainty of currencies in a market of 350m people — a huge advantage! The “March of the Manufacturers” has been blocked one more time.
Vice-President, German British Chamber of Industry & Commerce; Chairman, German British Forum
Martin Wolf’s excellent article “The spectre of eurozone deflation” (March 12) leaves out one important aspect of the causes of inflation and deflation in today’s globalised markets, namely the role of currency movements. The euro has been appreciating against the dollar for some time now and making a large number of dollar-denominated imports like oil, other commodities and food stuff cheaper and with that lowering price indexes. That in itself is hardly worrying.
A parallel to this is the reducing inflation in the UK. When sterling devalued in the immediate aftermath of the 2007-08 recession, it did not do much for exports, as was hoped for, but led to soaring inflation, which is only now falling with sterling appreciating again around 10 per cent against a basket of currencies.
It is important to understand that the former drivers of inflation, namely demand increases through wage rises leading to wage/price spirals, no longer exist. Bank of England governor Mark Carney is no doubt aware of this – I hope.
Bob Bischof, Vice-President, German-British Chamber of Industry & Commerce, UK
In Martin Wolf’s excellent guidance notes to Mark Carney (Comment, July 5) he writes: “The appointment . . . was a bold move. It is wrong to expect miracles . . .” He does not appear to share the enthusiasm of the chancellor and others about what “the outstanding central banker of his generation” can achieve in the UK.
Maybe Mr Wolf felt reminded of the appointments of Sven-Göran Eriksson and fabulous Fabio Capello, who were supposed to revitalise the English national team and who were heralded by the Football Association in much the same fashion.
As a German, I find it equally incomprehensible to appoint a non-English person to either job. London prides itself, rightly so, as one of the most important world centres of financial expertise and the homeland of football – and can’t find suitable candidates?! Apart from everything else, where is the British pride?
Britain’s economic future will in any event not be decided by the financial wizardry of a central banker nor will the English football team’s performance be enhanced by coaches from abroad or home. Both have the same problem in common – the system under which they work is wrong.
This letter appeared in the Financial Times Monday 26 November 2012
With his assertion (Letters, November 22), that APR calculations are meaningless and that banks charge even more on occasions, Errol Damelin, chief executive of Wonga, is trying once again to defend the indefensible. May I remind your readers why Wonga and the other 50 pay-day loan companies are not operating on the continent – very simple, Mr Damelin and his peers would likely be in prison under usury laws, if they plied their trade in Switzerland, Austria, Germany, Netherlands or the Nordic countries. Contracts that bear exploitative interest rates, generally above 15-20 per cent cannot be enforced in law. Repeat offenders, who try it, get a prison sentence. Maybe it is no coincidence that the above countries are the so-called creditor nations in Europe.
Usury laws protect the socially weak, uneducated, desolate and weak-willed from predators. There seem plenty of those around in the UK to feed this market. It is high time that the government acts against them, and at least they are prevented from advertising – their products are more socially corrosive than cigarettes or alcohol.
This letter appeared in the Financial Times Saturday 7 April 2012
Sir, Michael Portillo hits the nail on the head with his suggestion of funding political parties out of tax revenues. Britain is the nation of common sense and everybody knows instinctively that “Who pays, says!” . Neither the union barons nor the rich donors should do either and it is pure logic that the voting, taxpaying public should do it. The Allies introduced this system in Germany after the last war and it works well – as do so many of the checks and balances, which govern modern Germany’s public life. There appears to be a growing murkiness in Britain in the relationship between business, unions, politicians, the media and police, which eats at the fabric of this free, open and liberal society. David Cameron would be well advised to forget about the “Big Society” with less regulation and rather re-establish a more “Orderly Society” with a dose of “Ordnungspolitik” to save it.