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-   -   Post EU Referendum (https://britishexpats.com/forum/take-outside-67/post-eu-referendum-879308/)

paulry Jul 20th 2016 9:56 pm

re: Post EU Referendum
 

Originally Posted by DaveLovesDee (Post 12007368)
From your link;

45m ago
13:49
Moody’s has downgraded its outlook for the UK banking system to negative from stable because of the Brexit vote.

Meanwhile.... :rolleyes:
  • Bank of England: no clear sign Brexit slowdown is underway
  • UK jobless rate hits lowest in more than a decade
  • Pound rises on better-than-expected data

GeniB Jul 20th 2016 10:03 pm

re: Post EU Referendum
 
Yep they are as crooked as hell, along with Standard and Poor and The Federal Bank owned and controlled largely by the Government. Goldman Sachs has people salted throughout.. You can't fight them.. they decide.If they downgrade you,borrowing becomes hellishly expensive. I can see Mark Carney finding a new job sometime soon

EMR Jul 20th 2016 10:15 pm

re: Post EU Referendum
 

Originally Posted by paulry (Post 12007832)
Meanwhile.... :rolleyes:
  • Bank of England: no clear sign Brexit slowdown is underway
  • UK jobless rate hits lowest in more than a decade
  • Pound rises on better-than-expected data

All pre brexit information, lets wait and see what the figures are in a few months time.
Eg enquiries for new build properties in London down by 35 %. SUNDAY Times.

paulry Jul 20th 2016 10:29 pm

re: Post EU Referendum
 

Originally Posted by EMR (Post 12007857)
All pre brexit information, lets wait and see what the figures are in a few months time.
Eg enquiries for new build properties in London down by 35 %. SUNDAY Times.

Yes, lets wait and see

IMF forced to admit UK’s economy is GROWING despite Brexit doom-mongering | UK | News | Daily Express

Lion in Winter Jul 20th 2016 10:56 pm

re: Post EU Referendum
 
http://www.bbc.com/news/uk-politics-36843396



The uncertainty will stretch ahead for years. Trade deals take a looooooong time.

Dick Dasterdly Jul 21st 2016 12:16 am

re: Post EU Referendum
 

Originally Posted by Lion in Winter (Post 12007884)
May, Merkel and Europe's big problem - BBC News



The uncertainty will stretch ahead for years. Trade deals take a looooooong time.

The sort of trade deals that have to match the requirements and meet the approval of 27 different countries certainly do take a long time and even then they may be little more than a compromise if anything is ever agreed at all.

Now bilateral agreements that only have to meet the requirements of the two different parties concerned are a totally different kettle of fish and allowing for the fact that lots of discussions will be taking place from now onwards, there's every reason to believe that many will be ready to ratify the moment the UK is a free country once again. :cool:

Scamp Jul 21st 2016 4:23 am

re: Post EU Referendum
 

Originally Posted by paulry (Post 12007832)
Meanwhile.... :rolleyes:
  • Bank of England: no clear sign Brexit slowdown is underway
  • UK jobless rate hits lowest in more than a decade
  • Pound rises on better-than-expected data

"Pound Rises" - Oh wow, that's good news.

"Pound Rises, after taking a ****ing battering thanks to the Brexit vote" - Oh. Full story.

:nod:

paulry Jul 21st 2016 4:27 am

re: Post EU Referendum
 

Originally Posted by Scamp (Post 12008031)
"Pound Rises" - Oh wow, that's good news.

"Pound Rises, after taking a ****ing battering thanks to the Brexit vote" - Oh. Full story.

:nod:

Emphasis on better than expected data. In other words "You've heard and reacted to the bollocks, now stick the truth in your pipe and smoke it!".

:nod:

Scamp Jul 21st 2016 4:33 am

re: Post EU Referendum
 

Originally Posted by paulry (Post 12008032)
Emphasis on better than expected data. In other words "You've heard and reacted to the bollocks, now stick the truth in your pipe and smoke it!".

:nod:

After a car crash a leg break can be better than expected but it might still result in not being able to walk.

Anyway, it's just one of those times that playing with statistics / quotes / data / whatever can be so very easily 'manipulated' (I don't mean to say that's what you've done) to progress an argument one way or another. I love it, personally.

Wol Jul 21st 2016 6:42 am

re: Post EU Referendum
 

Originally Posted by paulry (Post 12008032)
Emphasis on better than expected data. In other words "You've heard and reacted to the bollocks, now stick the truth in your pipe and smoke it!".

:nod:

Quote: (ALLISTER HEATH, Torygraph today)

>>Then there are the pessimists. Some are Remainers who still believe Brexit to be an epoch-defining catastrophe, who continue to plot and scheme to overturn the result, who cling to the deranged, insulting notion that those of us who voted Leave are either stupid, racist or evil, who scour the news for every negative data point and who, in a few isolated and extreme cases, would actually like a recession “to prove them right”.<<

EMR Jul 21st 2016 7:03 am

re: Post EU Referendum
 

Originally Posted by paulry (Post 12007866)

When was brexit, 3 months ago, a year ago, no it was 3 weeks.
Reduced growth forcast, is good news?
I would like to see what you think is bad news.

amideislas Jul 21st 2016 7:22 am

re: Post EU Referendum
 

Originally Posted by Wol (Post 12008079)
Quote: (ALLISTER HEATH, Torygraph today)

>>Then there are the pessimists. Some are Remainers who still believe Brexit to be an epoch-defining catastrophe, who continue to plot and scheme to overturn the result, who cling to the deranged, insulting notion that those of us who voted Leave are either stupid, racist or evil, who scour the news for every negative data point and who, in a few isolated and extreme cases, would actually like a recession “to prove them right”.<<

On the front lines, optimism is your only friend.

Dick Dasterdly Jul 21st 2016 10:25 am

re: Post EU Referendum
 
So surprise, surprise, Cameron's project fear turned out to be a load of B.S.

The IMF forecast UK growth in 2017 to be 1.3 per cent, the fastest in Europe ahead of both France and Germany.

The FTSE index reached an 11 month high, closing above the 6,700 mark for the first time since August.

Employment reached a new record high of 74.4 per cent of the working age population, with 31.7 million people having jobs in the three months to May, 176,000 up from the previous quarter.

Interest in the UK property market from overseas buyers was up 50 per cent since the Referendum.

Onwards and Upwards. :thumbup:

amideislas Jul 21st 2016 11:49 am

re: Post EU Referendum
 
IMF cuts growth forecast for UK following Brexit vote to 1.3%

OECD raises economic forecast for Spain for 2016 to 2.7%

IMF GDP forecasts for Germany 2016 and 2017 hovers around 1.5%

Brexit uncertainty sends London house prices tumbling

Post-Brexit property asking prices continue to drop as buyers demand better deals

la mancha Jul 21st 2016 1:56 pm

re: Post EU Referendum
 
We expected growth figures to lower with the Brexit vote. No surprise there.

As for Spain, did you look at the public deficit figures? Much more interesting than looking at the growth forecast. More austerity on the way courtesy of Brussels and Spanish spending. Plus the fallout from Brexit. In the meantime, it'll be entertaining to watch.

House prices in London tumbling? I rather think they will because of Osborne’s increase in stamp duty and extra taxes on buy-to-lets. This was predicted last year whatever way the referendum went. Nothing to do with Brexit.

Post-Brexit property prices continue to drop?

Quote from your link: ‘Price cuts have been spreading across the market over the past two years, largely thanks to increases in stamp duty at the top end, and tax increases for buy-to-let investors and a generally tougher mortgage lending climate in the mainstream market.’

‘But even if a property has already been discounted it would be a mistake to assume it is a steal — it may simply have been overpriced in the first place.’

“You might not get the price you would have done six or 12 months ago but the same will be true of the house you’re now buying.”

No news there at all.

Stop being such a ‘Germany and Spain are best – Britain is shit’ drama queen. This record of yours is played out.

Makes me wonder why Britain is such an attraction for EU nationals, especially for Spanish youngsters.


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