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The UK International Trade Secretary has unveiled plans to transform the UK into an 'exporting superpower' post Brexit.PLEASE SUPPORT MY YOUTUBE WORK ON PATREON: http://bit.ly/2oUVQfm

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Liam Fox wants the UK to set its sights high and has plans to increase UK exports from 30% to 35% of our Gross Domestic Product.

According to Fox there are 400,000 UK businesses that could export but do not and to help them get into the export market the government will sort out better finance and support as well as get business to specify what stops them exporting in the first place.

The BBC reports that UK exports are at a record high, surprisingly missing out the words despite Brexit, Exports were boosted by a combination of strong global growth and the relative weakness of sterling it said.

It also said that:

"....many businesses report full order books, as British companies that do export, particularly outside the EU, find plenty of willing customers.

"The government now says it wants to build on that success - admitting that although Britain does "punch above its weight" in export markets it also punches below its potential."

Now, the UK foreign secretary, Jeremy Hunt, having been forced to clarify his earlier remarks about a no-deal Brexit being "a mistake we would regret for generations", is expected to say in a speech in Washington to the US Institute of Peace that:

"One of the biggest threats to European unity would be a chaotic no-deal Brexit. Britain would, of course, find a way to prosper and we have faced many greater challenges in our history.

"But the risk of a messy divorce, as opposed to the friendship we seek, would be a fissure in relations between European allies that would take a generation to heal – a geostrategic error for Europe at an extremely vulnerable time in our history.

"So, as I have been saying to European governments, now is the time for the European Commission to engage with an open mind with the fair and constructive proposals made by the prime minister."

The trouble is of course that the deal they are trying to peddle to the EU is one that the EU can't and won't agree to, one that EU member state leaders don't seem keen to support, one that Brexiteers definitely don't like, one that has scant support in the UK except amongst those that see it a springboard to EU re-entry and one that even the majority of the Tory party's own members don't seem to like much either.

Looks like a Full Withdrawal of the UK from the EU, a full FWUKEU, is becoming more of a reality with every day that passes.

The Shadow Trade Secretary, Barry Gardiner, who backed the Remain side in the 2016 referendum, has trashed calls for another EU referendum.

"Remainer frontbencher Barry Gardiner extinguished the hopes of Remainers wishing for a re-run of the Brexit vote saying that a fresh vote would 'undermine democracy' in the United Kingdom and spark 'civil disobedience'." Reports the Express.

He also said that there was:

"...more to this than simple economics - there is also the social, the democratic principles at play here..." and that:

"We have to respect people’s vote in that referendum – we told them we would, we must do it."

Apart from the record exports already alluded to, the latest public sector finance figures from the Office for National Statistics show that not only is the last financial year's borrowing the lowest for 11 years at £39.4 billion, but also that the current year to date borrowing of £12.8 billion is the lowest for 16 years.

Also, public sector net borrowing was £2 billion in surplus in July this year, which is the largest July surplus for 18 years.

But although the amount we borrow on a month to month or year to year basis is steadily decreasing, it still all gets added to the national debt, which now stands at £1.78 trillion.

Sources:

https://www.theguardian.com/politics/...

https://www.bbc.co.uk/news/uk-45255132

https://www.irishtimes.com/news/world...

https://www.express.co.uk/news/uk/100...

https://www.theguardian.com/politics/...

https://www.express.co.uk/news/uk/100...

https://www.ons.gov.uk/economy/govern...