Debate House Prices


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If we vote for Brexit what happens

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Comments

  • gfplux wrote: »
    Although not in favour of a transition period myself, if Britain wants to continue to pay in to the EU past the two years that is for Britain to ask and the EU to agree.
    That is about as likely as discovering that British soap operas are real.
    That Eastenders actually is a part of London with the characters real, not acting.
    Or the Emmerdale is actually a real little community hidden away in the dales.

    Mind you, that would explain the reasoning behind behind such blinkered arguments as those coming from some pro-remain posters like yourself in these forums who cannot see further than the end of their noses, it seems.
  • A_Medium_Size_Jock
    A_Medium_Size_Jock Posts: 3,216 Forumite
    edited 23 March 2017 at 5:45PM
    StevieJ wrote: »
    Looks like a fact to me?
    *sigh*
    UK retail sales posted a 1.4% rise in February from the previous month
    Miss that bit, did you?

    As I say earlier, why negative rather than balanced if not positive?
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Which I find frankly disgusting - especially from the BBC.

    You could always express your level of disgust by sending a video to BBC Points of View.
    http://www.bbc.co.uk/programmes/articles/24BYtfKJbd0Hdv3B6LhKcdd/air-your-views

    Happy to help. :)
    Don't blame me, I voted Remain.
  • mayonnaise wrote: »
    You could always express your level of disgust by sending a video to BBC Points of View.
    http://www.bbc.co.uk/programmes/articles/24BYtfKJbd0Hdv3B6LhKcdd/air-your-views

    Happy to help. :)
    Oh please tell me it's not that awful Robinson woman?
    :D
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Oh please tell me it's not that awful Robinson woman?
    :D
    I think it's Jeremy Vine now!
    Don't blame me, I voted Remain.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    *sigh*
    Miss that bit, did you?

    As I say earlier, why negative rather than balanced if not positive?

    One is data over three months, the other over one, I know which one I would rely on. There is a reason why traditionally sales were held in January and it was not because they were selling out. Anyway the BBC quoted both sets of figures, and they related it to fuel costs not Brexit.
    However, the 1.4% rise in retail sales in February was higher than the 0.4% increase expected by economists.
    News of the month-on-month increase sent the pound higher above $1.25.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • mayonnaise wrote: »
    I think it's Jeremy Vine now!
    That may be worse ............

    Still, nice though it may be of you to suggest that a video from myself to the BBC may somehow be more influential than a letter from a group of over 70 MP's I do hope you understand my disinclination.
  • StevieJ wrote: »
    One is data over three months, the other over one, I know which one I would rely on. There is a reason why traditionally sales were held in January and it was not because they were selling out. Anyway the BBC quoted both sets of figures, and they related it to fuel costs not Brexit.

    You really still do not question the negativity?
    And we all know by now that you will rely upon whatever suits you - especially if you can find a hint of negativity therein.
    You choose to like the data over three months, not one - but how about twelve months then since (by your own admission) you prefer longer terms?
    What does that data say?
    It says that the value increase for the year to end February 2017 is 6.4%
    https://www.ons.gov.uk/businessindustryandtrade/retailindustry/bulletins/retailsales/feb2017

    Just as you suggest "Well CPI heading for 4% and RPI 5%" when most forecasts are suggesting between 2.3 and 2.9% - although even figures to date have so far been below the predictions of so-called experts.
    Where are your forecasts from?
    OECD forecast = 2.43% , IMF forecast = 2.5%

    https://knoema.com/rwbagv/uk-inflation-forecast-2015-2020-and-up-to-2060-data-and-charts

    Again, it has nothing to do with negativity.
    What it has to do with is the promulgation of "project fear" by the concentration upon negative aspects, just as in posts such as yours and headlines such as used by the BBC.
    Will you never realise that such tactics are counterproductive?

    As in your earlier wage rise link, you choose not to see:
    Based on a sample of 219 pay awards
    Oh, definitive stuff then!


    I am not trying to pick only good news and "pooh-pooh" the negative.
    But I am at least attempting to balance my views; to look at both sides of each story as far as possible.
    Perhaps you might try the same.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    From the horses mouth.
    1. Main points
    Estimates of the quantity bought in retail sales increased by 3.7% compared with February 2016 and increased by 1.4% compared with January 2017; this monthly growth is seen across all store types.
    The underlying pattern as suggested by the 3 month on 3 month movement decreased by 1.4% for the second month in a row; the largest decrease since March 2010 and only the second fall since December 2013.
    Average store prices (including fuel) increased by 2.8% on the year, the largest growth since March 2012; the largest contribution came from petrol stations, where year-on-year average prices rose by 18.7%.
    Online sales (excluding automotive fuel) increased year-on-year by 20.7% and by 3.3% on the month, accounting for approximately 15.3% of all retail spending.
    2. Statistician’s comment
    Commenting on today’s official retail figures, Kate Davies, ONS Senior Statistician said:

    “February’s retail sales figures show fairly strong growth, though the underlying three-month picture shows falling sales as February's figures follow two consecutive months of decline in December and January. The monthly growth in February is seen across all store types. The underlying trend suggests that rising petrol prices in particular have had a negative effect on the overall quantity of goods bought over the last three months.”
    https://www.ons.gov.uk/businessindustryandtrade/retailindustry/bulletins/retailsales/feb2017
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    gfplux wrote: »
    Although not in favour of a transition period myself, if Britain wants to continue to pay in to the EU past the two years that is for Britain to ask and the EU to agree.

    Sounds as if the Irish have genuine concerns. Given their heavy reliance on the UK for trade. Mind you they have their own issues with the EU. The Apple tax case isn't yet resolved. The outcome of which will set a clear precedent. Nor will fiscal integration help them. With the UK out of the way. Bound to be fast track change for the inner core of the EU.
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