U.K Plc "Will not enter Recession"

neverdespairgirl

That was his name! And it's not spelt the same way as "Gordon Brown", the letters are a different way round :T

jamescredmond

fc123 wrote: »

:eek: :eek: :eek: from 'Shocked' in Middle England Land......and a lawyer too.....:eek:

I gagged in disbelief as well.

OK, OK. try this one.

unscramble 'drtabas' to give the name of a hugely successful prop. developer, whose marriage could be described as 'flakey'.

phil_b_2

If we are indeed in a recession now it is a hell of a mild one... it's like saying a kid with one zit on his chin has acne. I'm yet to see/feel any economic effects. I'll be happy to suggest it might be to do with the industry I'm in (less effected) and/or that it just hasnt reached me yet though. Time will tell.

bo_drinker

It's the thin end of the wedge at present I think, how steep and how long the wedge is nobody really knows. The tell tale signs have been there for a while now, not everybody notices them. It does also depend what industry you are in whether you see it or not. Some folk will sail through regardless.

tradetime

phil_b wrote: »

If we are indeed in a recession now it is a hell of a mild one... it's like saying a kid with one zit on his chin has acne. I'm yet to see/feel any economic effects. I'll be happy to suggest it might be to do with the industry I'm in (less effected) and/or that it just hasnt reached me yet though. Time will tell.

If is quite correct, I believe we are, but it isn't an exact science, as for mild that may be because it has only started, property is just starting to unwind as are the layoffs in construction and the financial sector, consumer spending is still holding up. A lot of factors coming together at once may accelerate things going forwards.

Dylanwing

I am FAR from convinced that ID cards and foreign wars are "nice to have

Good point! I meant that in terms of expenditure, they are hardly necessities, and 'nice to have' is the term we use on my course - Perhaps 'lunatic ideas that even a brain-dead newt could see are a waste of money' might be better. In fact I'll use that term for nearly all of the stuff that NuLabour come out with.

MissMoneypenny

m00m00 wrote: »

how much is actually generated by stamp duty

and how much by petrol duty

the ever increasing price of oil could provided a 'get out' in this regard

(I have no idea of the actual figures, so I stand to be corrected)

I don't know what those figures are, but I did watch a programme a few months ago, where they said that the tax from fuel went on education and the NHS.

pickles110564

The shipping industry must know something about the worldwide economy that the experts just do not understand.
Between them over the short term up til 2010 the are investing several billions of pounds on expanding and creating Ports.
DPW themselves are investing over one billion at the new shellhaven Port and infrastructure.
Teesport is going to become a very big player up north and liverpool are playing catch up as well.

neverdespairgirl

pickles110564 wrote: »

The shipping industry must know something about the worldwide economy that the experts just do not understand.

With oil prices (and therefore air frieght) costly, and incomes squeezed, cheaper shipping might well benefit, I'd have thought.

m00m00

MissMoneypenny wrote: »

I don't know what those figures are, but I did watch a programme a few months ago, where they said that the tax from fuel went on education and the NHS.

there is no hypothecation of general taxation (of which fuel duty is a part)

all taxes go into a big central pot from which it is then wasted in various different ways.