Prepare yourself for recovery.

Loughton_Monkey

Well it's all 'sorted' now, I think.

First we have German courts officially ratifying the bailout. So that sorts out Europe.

http://www.bbc.co.uk/news/world-europe-19567867

Then we have a 'shock' fall in unemployment again, meaning that we can all now go and get that new career with confidence.

http://www.bbc.co.uk/news/business-19569316

As if that wasn't enough, July saw a massive 5% rise in mortgage applications. All of us homeowners are going to see the value of our house rocket. Especially since Barratt's profits are on the up.

http://www.bbc.co.uk/news/business-19568911

Yesterday saw the halving of our July Trade Deficit to 'only' £1.5 billion.

http://www.bbc.co.uk/news/business-19556812

The FTSE is up! All our pension funds are zooming up in value. What more does anyone want to prove conclusively that the recession is now over? We've never had it so good!

chewmylegoff

Loughton_Monkey wrote: »

Well it's all 'sorted' now, I think.

First we have German courts officially ratifying the bailout. So that sorts out Europe.

http://www.bbc.co.uk/news/world-europe-19567867

Then we have a 'shock' fall in unemployment again, meaning that we can all now go and get that new career with confidence.

http://www.bbc.co.uk/news/business-19569316

As if that wasn't enough, July saw a massive 5% rise in mortgage applications. All of us homeowners are going to see the value of our house rocket. Especially since Barratt's profits are on the up.

http://www.bbc.co.uk/news/business-19568911

Yesterday saw the halving of our July Trade Deficit to 'only' £1.5 billion.

http://www.bbc.co.uk/news/business-19556812

The FTSE is up! All our pension funds are zooming up in value. What more does anyone want to prove conclusively that the recession is now over? We've never had it so good!

hmmm. promising, but not good enough for large gin and tonics all round. on that basis, i am out.

abaxas

With all this good news the BOE will soon be raising rates.

Loughton_Monkey

chewmylegoff wrote: »

hmmm. promising, but not good enough for large gin and tonics all round. on that basis, i am out.

OK then.

You're fired.

andyroberts1967

I'd happily settle for a gentle, modest but consistent upturn in the economy, rather than wildly zig-zagging up and down. That would lead to greater consumer confidence too, and start people spending on things again.

moneyinmypocket

It's leaps in the right direction this is great news for us all rejoice rejoice rejoice

JimBar

abaxas wrote: »

With all this good news the BOE will soon be raising rates.

Lets hope so. The gold and silver stackers will not like it though, if they can get a good return from their savings they may stop buying and start saving instead.

chewmylegoff

Loughton_Monkey wrote: »

OK then.

You're fired.

excellent, by my calculations i am entitled to statutory redundancy payments of £30,000 tax free. large gin and tonics all round. well, just for me actually.

shortchanged_2

6 months on and still waiting.

Dribley

ScottWhiliams wrote: »

Did you miss the last downgrade?

The UK will be following Greece, Spain and Italy and the others we will continue to be cut down to junk which we are already.

So we'll all be in the same boat! :eek:

A._Badger

Does anyone know what became of old Loughton? He was quite refreshing at times.