Birdwatch Note Rating
2023-07-16 18:33:41 UTC - HELPFUL
Rated by Participant: F04B134430F9D80437D0FFEA9C61FE3E7FB0B03A695A6FD5DD9E63B6397BFB3B
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