Birdwatch Note Rating
2023-07-16 14:21:35 UTC - HELPFUL
Rated by Participant: D5ADEB8371CCCD34531CE0F785353C1DF2EDF2E95B3C8B5B7E4BA53314361D64
Participant Details
Original Note:
£12tn is the combined GDP of all the nations signed up to the CPTPP, not the amount Britain will benefit. The government's own estimate is £1.8bn, or 0.08%, over 15 years. To put that in perspective: the govt spent £1bn on post-Brexit border arrangements. https://asia.nikkei.com/Economy/Trade/U.K.-formally-joins-CPTPP-to-little-fanfare-and-low-expectations https://www.reuters.com/world/uk/post-brexit-checks-eu-goods-coming-into-uk-be-streamlined-sky-news-2023-04-05/
All Note Details