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Still more post Brexit vote good news.........


Guest pelmetman

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Gawd your struggling aren't you. From your link

But slow down. The fact that 3.1% is the biggest pay rise since February 2009 says more about how weak pay growth has been in the last decade than how strong it has been in the past year. Strip out the effect of inflation (as measured by the Consumer Prices Index) and you get pay growth of just 0.6%.

Then look back at the last decade, the worst decade for living standards in 200 years. If you're a half-full person, well we're up by about £25 per week on average since the squeeze on living standards was at its tightest back in 2014.

 

One might have expected more growth from all the stockpiling going on. FT reports warehousing rates are at a record high.

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John52 - 2018-12-11 4:08 PM

 

Gawd your struggling aren't you. From your link

But slow down. The fact that 3.1% is the biggest pay rise since February 2009 says more about how weak pay growth has been in the last decade than how strong it has been in the past year. Strip out the effect of inflation (as measured by the Consumer Prices Index) and you get pay growth of just 0.6%.

Then look back at the last decade, the worst decade for living standards in 200 years. If you're a half-full person, well we're up by about £25 per week on average since the squeeze on living standards was at its tightest back in 2014.

 

One might have expected more growth from all the stockpiling going on. FT reports warehousing rates are at a record high.

So desperate and struggling he posts a two month old link! *-)

 

Meantime as you mentioned the FT, here is their report.......published six hours ago.

 

Brexit-related stockpiling is driving up the cost of short-term space in UK warehouses, as companies across the country guard against a no-deal outcome that could cause gridlock at ports and chaos in cross-border trade.

 

Drugmakers are building stocks beyond the level mandated by government, but as Pinder Sahota, general manager at Novo Nordisk, noted last week: “if all patients requested an extra prescription from their doctors?.?.?.?four weeks of stock would be wiped out.” Carmakers rely on a constant cross-border flow of trucks to feed just-in-time manufacturing processes, and say they would need unfeasibly vast stockpiles to maintain production if trade routes were blocked for any significant length of time.

 

https://www.ft.com/content/d2e1e394-fc5f-11e8-ac00-57a2a826423e

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John52 - 2018-12-11 4:08 PM

 

Gawd your struggling aren't you. From your link

But slow down. The fact that 3.1% is the biggest pay rise since February 2009 says more about how weak pay growth has been in the last decade than how strong it has been in the past year. Strip out the effect of inflation (as measured by the Consumer Prices Index) and you get pay growth of just 0.6%.

Then look back at the last decade, the worst decade for living standards in 200 years. If you're a half-full person, well we're up by about £25 per week on average since the squeeze on living standards was at its tightest back in 2014.

 

One might have expected more growth from all the stockpiling going on. FT reports warehousing rates are at a record high.

 

What about the homeless

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Guest pelmetman
Bulletguy - 2018-12-11 5:32 PM

 

John52 - 2018-12-11 4:08 PM

 

Gawd your struggling aren't you. From your link

But slow down. The fact that 3.1% is the biggest pay rise since February 2009 says more about how weak pay growth has been in the last decade than how strong it has been in the past year. Strip out the effect of inflation (as measured by the Consumer Prices Index) and you get pay growth of just 0.6%.

Then look back at the last decade, the worst decade for living standards in 200 years. If you're a half-full person, well we're up by about £25 per week on average since the squeeze on living standards was at its tightest back in 2014.

 

One might have expected more growth from all the stockpiling going on. FT reports warehousing rates are at a record high.

So desperate and struggling he posts a two month old link! *-)

 

Meantime as you mentioned the FT, here is their report.......published six hours ago.

 

Brexit-related stockpiling is driving up the cost of short-term space in UK warehouses, as companies across the country guard against a no-deal outcome that could cause gridlock at ports and chaos in cross-border trade.

 

Drugmakers are building stocks beyond the level mandated by government, but as Pinder Sahota, general manager at Novo Nordisk, noted last week: “if all patients requested an extra prescription from their doctors?.?.?.?four weeks of stock would be wiped out.” Carmakers rely on a constant cross-border flow of trucks to feed just-in-time manufacturing processes, and say they would need unfeasibly vast stockpiles to maintain production if trade routes were blocked for any significant length of time.

 

https://www.ft.com/content/d2e1e394-fc5f-11e8-ac00-57a2a826423e

 

See!......... more Brexit good news if your in Warehousing B-) ...........

 

 

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John52 - 2018-12-12 2:49 PM

 

pelmetman - 2018-12-12 7:53 AM

 

 

See!......... more Brexit good news if your in Warehousing B-) ...........

 

 

Even more so if you are a Liquidator or Baliff :-(

He also doesn't understand what "driving up the cost" means and who will pay. *-)

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  • 2 weeks later...

The cheap labour taps have not been turned off, quite the opposite. The EU workers are going home but the number of workers from Africa and Asia have shot up to compensate.

 

Also reported today.

 

UK balance of payments worst since 2016

 

Britain’s current account deficit has widened to its worst level in over two years.

 

New figures show that the gap between what the UK trades with the rest of the world, plus investment flows, widened by £6.6bn to £26.5bn in July to September.

 

That’s 4.9% of gross domestic product (GDP) – the largest deficit recorded since Quarter 3 2016 in both value and percentage of GDP terms.

 

This effectively measures the flow of money in and out of the UK.

 

So much for the crashed pound helping our economy.

 

Also announced today, business investment has contracted and UK household savings have shrunk.

 

So much for the devalued pound helping our economy which I seem to remember certain Brexiteers saying it would on here some time back. Brits now working harder for less money as everything we import has gone up so the only Brexit bonus is for the rest of Europe and the world, not us.

 

Wages might have moved in the right direction slightly but everyone is worse off and will be much more worse off after Brexit. Not much point in getting a 3% pay rise if your cost of living goes through the roof.

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You just know things are seriously desperate when a clown thinks a bit of Welsh cheese will rescue the country from the catastrophic mess of Brexsh1t. *-)

 

But why would it matter to a Brexiteer who spends half the year out of the country, now applying for Spanish residency permit to circumvent third country law he voted for?

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Guest pelmetman
Barryd999 - 2018-12-21 8:36 PM

 

The cheap labour taps have not been turned off, quite the opposite. The EU workers are going home but the number of workers from Africa and Asia have shot up to compensate.

 

Also reported today.

 

UK balance of payments worst since 2016

 

Britain’s current account deficit has widened to its worst level in over two years.

 

New figures show that the gap between what the UK trades with the rest of the world, plus investment flows, widened by £6.6bn to £26.5bn in July to September.

 

That’s 4.9% of gross domestic product (GDP) – the largest deficit recorded since Quarter 3 2016 in both value and percentage of GDP terms.

 

This effectively measures the flow of money in and out of the UK.

 

So much for the crashed pound helping our economy.

 

Also announced today, business investment has contracted and UK household savings have shrunk.

 

So much for the devalued pound helping our economy which I seem to remember certain Brexiteers saying it would on here some time back. Brits now working harder for less money as everything we import has gone up so the only Brexit bonus is for the rest of Europe and the world, not us.

 

Wages might have moved in the right direction slightly but everyone is worse off and will be much more worse off after Brexit. Not much point in getting a 3% pay rise if your cost of living goes through the roof.

 

The worst in two years ;-) ..........Not exactly a crash is it? :D .........

 

Could be worse though 8-) .........We could be France or Italy >:-) .........

 

 

 

 

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