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Brexit......is the best thing to happen to the UK.....


Guest pelmetman

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Guest pelmetman

Since the industrial revolution :D ........

 

https://www.express.co.uk/finance/city/1115835/Pound-to-euro-exchange-rate-currency-forecast-Germany-manufacturing-eurozone

 

In the EU 8-) .......

 

"Sterling climbing against the euro shortly after a business survey showed the German manufacturing sector contracted for the fourth month in a row. The German flash manufacturing PMI was weaker than expected at 44.5 in April, well below the 50.0 mark separating growth from contraction. The figure made for disappointing reading for the largest economy in Europe, despite it being slightly up on the previous month, which came in at 44.1.

 

The picture of a slowdown was mirrored across Europe as a whole with the flash manufacturing PMI for the eurozone registering a reading of 47.8 in April versus the 47.9 expected."

 

Chris Williamson, Chief Business Economist at IHS Markit: “The eurozone economy started the second quarter on a disappointing footing, with the flash PMI falling to one of the lowest levels seen since 2014.

 

“The data add to worries that the economy has failed to rebound with any conviction from one-off factors that dampened activity late last year, and continues to show only very modest growth in the face of headwinds from slower global demand growth and subdued economic sentiment.

 

“The surveys indicate that quarterly eurozone GDP growth has slowed to just under 0.2 percent.

 

“A similar 0.2 percent rate of expansion is being signaled for Germany but France stagnated and the rest of the region has moved closer to stalling.”

 

 

Meanwhile in Brexit Britain :D .......

 

 

In UK news, the Office for National Statistics revealed today how retail sales surged in March.

 

Sales were up 1.1 percent on February, well above expectations of a fall of 0.3 percent, driven by food and non-store retailing.

 

Yesterday saw the ONS release property figures showing British house prices rose in February at the weakest rate in six-and-a-half years.

 

Meaning, consumer price inflation was unexpectedly held just below the Bank of England's 2 percent target in March.

 

Meanwhile employment and wage revealed the UK labour market is robust in the face of Brexit uncertainty.

 

The data showed the number of people in work hit the highest total since records began in 1971, with those classed as employed reaching 32.7 million for the three months to February.

 

Unemployment fell by 27,000 to 1.34 million, with the rate of 3.9 percent now lower than at any time since the end of 1975.

 

Average earnings increased by 3.5 percent in the year to February, unchanged from the previous month.

 

Gawd bless Good Ol Brexit Blighty B-) .........

 

 

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malc d - 2019-04-19 11:51 AM

 

I wonder what it will be like after we have left the EU

 

:-|

Obviously the thread op doesn't intend hanging around to find out as he promptly ran off to spend half the year in an EU country and so keen to stay away from UK, he signs up for a residency permit using a campsite. *-)

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Guest pelmetman
malc d - 2019-04-19 11:51 AM

 

I wonder what it will be like after we have left the EU

 

:-|

 

I suspect therapists and Tennamen to be in short supply 8-) ........

 

 

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Guest pelmetman
Barryd999 - 2019-04-19 2:19 PM

 

malc d - 2019-04-19 11:51 AM

 

I wonder what it will be like after we have left the EU

 

:-|

 

It will be like this.

 

 

 

That's actually very funny Barry (lol) .........

 

I'd like to see Farage's new Brexit party MEP's turn up at Brussels like that >:-) ........

 

 

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pelmetman - 2019-04-20 9:35 AM

 

Barryd999 - 2019-04-19 2:19 PM

 

malc d - 2019-04-19 11:51 AM

 

I wonder what it will be like after we have left the EU

 

:-|

 

It will be like this.

 

 

 

That's actually very funny Barry (lol) .........

 

I'd like to see Farage's new Brexit party MEP's turn up at Brussels like that >:-) ........

Farage doesn't commute by car.......he's a "man of the people" so only commutes via private jet.

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Guest pelmetman
Bulletguy - 2019-04-20 2:59 PM

 

pelmetman - 2019-04-20 9:35 AM

 

Barryd999 - 2019-04-19 2:19 PM

 

malc d - 2019-04-19 11:51 AM

 

I wonder what it will be like after we have left the EU

 

:-|

 

It will be like this.

 

 

 

That's actually very funny Barry (lol) .........

 

I'd like to see Farage's new Brexit party MEP's turn up at Brussels like that >:-) ........

Farage doesn't commute by car.......he's a "man of the people" so only commutes via private jet.

 

So what?.........your red socialist envy knickers are showing again Bullet :D ........

 

 

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pelmetman - 2019-04-21 8:58 AM

 

Bulletguy - 2019-04-20 2:59 PM

 

pelmetman - 2019-04-20 9:35 AM

 

Barryd999 - 2019-04-19 2:19 PM

 

malc d - 2019-04-19 11:51 AM

 

I wonder what it will be like after we have left the EU

 

:-|

 

It will be like this.

 

 

 

That's actually very funny Barry (lol) .........

 

I'd like to see Farage's new Brexit party MEP's turn up at Brussels like that >:-) ........

Farage doesn't commute by car.......he's a "man of the people" so only commutes via private jet.

 

So what?.........your red socialist envy knickers are showing again Bullet :D ........

I never envy hypocrites.

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Guest pelmetman
Bulletguy - 2019-04-21 4:46 PM

 

pelmetman - 2019-04-21 8:58 AM

 

Bulletguy - 2019-04-20 2:59 PM

 

pelmetman - 2019-04-20 9:35 AM

 

Barryd999 - 2019-04-19 2:19 PM

 

malc d - 2019-04-19 11:51 AM

 

I wonder what it will be like after we have left the EU

 

:-|

 

It will be like this.

 

 

 

That's actually very funny Barry (lol) .........

 

I'd like to see Farage's new Brexit party MEP's turn up at Brussels like that >:-) ........

Farage doesn't commute by car.......he's a "man of the people" so only commutes via private jet.

 

So what?.........your red socialist envy knickers are showing again Bullet :D ........

I never envy hypocrites.

 

So you dont own a mirror? 8-) ........

 

Well that explains a lot :D ......

 

It'll soon be dark >:-) .......

 

 

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  • 1 month later...
Guest pelmetman

 

Yep......It's now at the same levels against the euro where it has been on occasion in 8 of the last 10 years ;-) .........

 

What was the excuse then? (lol) (lol) (lol) .........

 

 

 

 

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Meanwhile beyond the Tory and Daily Fail "lets fudge the figures" bollox

 

https://www.ft.com/content/93c681ca-7c9c-11e9-81d2-f785092ab560

 

Brexit uncertainty in the UK has boosted foreign investment into the EU’s other 27 countries in the three years since the referendum, according to a Financial Times analysis.

 

The total amount of capital invested in the EU27 surged 43 per cent in the three years to the first quarter of 2019, compared with the preceding three years, according to fDi Markets, an FT-owned database of cross-border investment. This is in sharp contrast to the UK, which has experienced a 30 per cent drop in investment. 

 

About $340bn of capital has been invested in the 27 remaining EU states in that period, up from $237bn in the previous three years, fDi found. The biggest increase came from European companies spending beyond their national borders, including companies from the UK investing in another EU country. 

 

Over the same period, the capital invested by foreign firms in greenfield projects in the UK dropped by $36bn to $85bn, despite a slight increase in 2018.

 

Christine McMillan from fDi Markets said it was “clear that neighbouring countries are beginning to reap the benefits of the uncertainty being caused by Brexit”.

 

The fDi database tracks greenfield investment, in which a company establishes operations in a foreign country. Economists often consider greenfield investments to be the most relevant capital flows when assessing a country’s economic and jobs growth prospects. 

 

“When it comes to greenfield investment, this is the one that really contributes to output growth,” said Ilona Serwicka, a research fellow at the UK Trade Policy Observatory at the University of Sussex. 

 

 

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Barryd999 - 2019-06-11 2:53 PM

 

Meanwhile beyond the Tory and Daily Fail "lets fudge the figures" bollox

 

https://www.ft.com/content/93c681ca-7c9c-11e9-81d2-f785092ab560

 

Brexit uncertainty in the UK has boosted foreign investment into the EU’s other 27 countries in the three years since the referendum, according to a Financial Times analysis.

 

The total amount of capital invested in the EU27 surged 43 per cent in the three years to the first quarter of 2019, compared with the preceding three years, according to fDi Markets, an FT-owned database of cross-border investment. This is in sharp contrast to the UK, which has experienced a 30 per cent drop in investment. 

 

About $340bn of capital has been invested in the 27 remaining EU states in that period, up from $237bn in the previous three years, fDi found. The biggest increase came from European companies spending beyond their national borders, including companies from the UK investing in another EU country. 

 

Over the same period, the capital invested by foreign firms in greenfield projects in the UK dropped by $36bn to $85bn, despite a slight increase in 2018.

 

 

So 340 billion divided by 27 = 12.59 billion......and we got 85 billion :-| .........

 

Aren't you Remoaners being a little bit greedy??? ;-) .......

 

 

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pelmetman - 2019-06-11 4:28 PM

 

So 340 billion divided by 27 = 12.59 billion......and we got 85 billion :-| .........

 

Aren't you Remoaners being a little bit greedy??? ;-) .......

 

 

So you are happy that GB lost that $36 billion?

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Guest pelmetman
Fast Pat - 2019-06-11 6:18 PM

 

pelmetman - 2019-06-11 4:28 PM

 

So 340 billion divided by 27 = 12.59 billion......and we got 85 billion :-| .........

 

Aren't you Remoaners being a little bit greedy??? ;-) .......

 

 

So you are happy that GB lost that $36 billion?

 

I'm not a greedy Socialist....... so it doesn't bother me one iota >:-) .......

 

 

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Brexit has cost the UK economy £66 billion ($86 billion) so far, according to S&P Global Ratings.

 

Brexit triggered a decline of the pound, an increase in inflation, the erosion of household spending power, a decline in house prices, and weak exports, S&P says.

 

The United Kingdom is now teetering at the brink of a new recession: Economic data published last week show UK GDP growth may have slipped to 0%.

 

https://www.businessinsider.com/price-of-brexit-66-billion-recession-2019-4?r=US&IR=T

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Guest pelmetman

 

"The news comes after it emerged that Mr Cormack’s UK sales operation is now in administration."

 

Aaah so his business has gone bust ;-) .........Which automatically means its Brexits fault *-) .......

 

Even though as you lot keep reminding us "We haven't left yet" :-|.........

 

It's curious though that you who apparently claim to be a business man is prepared to vote for a "Corbyn Crash" ??? 8-) ...........

 

 

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Fast Pat - 2019-06-12 10:10 AM

 

 

Brexit has cost the UK economy £66 billion ($86 billion) so far, according to S&P Global Ratings.

 

Brexit triggered a decline of the pound, an increase in inflation, the erosion of household spending power, a decline in house prices, and weak exports, S&P says.

 

The United Kingdom is now teetering at the brink of a new recession: Economic data published last week show UK GDP growth may have slipped to 0%.

 

https://www.businessinsider.com/price-of-brexit-66-billion-recession-2019-4?r=US&IR=T

 

If we're teetering ;-) ........Germany must be up to their necks :D ........

 

 

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