Brexit, The Economy and House Prices (Part 2)

Arklight

Conrad wrote: »

UK unemployment rate falls to 42-year low


Wages up 1.8% excluding all those undeclared cash earnings of course



http://www.news.com.au/finance/business/breaking-news/uk-unemployment-rate-falls-to-42year-low/news-story/f37508ae02758d3e0318ffb296acee4a

Oh, Alleluia! Only a 0.8% real terms pay cut for British workers this month then.


People will be literally dancing in the streets as when they learn that the steaming dung heap of Tory Brexit has truly delivered on all its promises.


In fact, I am going to go and reserve my space now, in case there isn't room out there later.

setmefree2

kabayiri wrote: »

You illustrate perfectly why the right of centre conservatives have been enjoying a renaissance both in Europe and the USA.

And he/she also illustrates why the ignore button is my friend

Conrad

LONDON (Reuters) - Luxury brand Burberry (BRBY.L) reported better than expected same-store sales in its first quarterly report under new CEO Marco Gobbetti, helped by a rebound in Chinese demand and another good performance in its home British market.


Shares in the group, known for its trench coats lined in its camel, red and black check, topped the FTSE 100 index on Wednesday, as analysts said a 4 percent rise in like-for-like sales was double the expected rate.


http://uk.reuters.com/article/uk-burberry-group-results-idUKKBN19X0IY

A_Medium_Size_Jock

Meanwhile Erdogan says the EU are wasting Turkey's time and that Turks see the EU as insincere.

"If the EU, bluntly says, 'We will not be able to accept Turkey into the EU' this will be comforting for us..." Mr Erdogan told the BBC.
"The European Union is not indispensable for us... We are relaxed."

http://www.bbc.co.uk/news/world-europe-40577216

Conrad

Arklight wrote: »

Oh, Alleluia! Only a 0.8% real terms pay cut for British workers this month then.

We've had far worse inflation roller coaster rides over last 45 years, pull yersel together Man.


You endlessly ignore the benefits of more competitive currency in terms of us earning hard cash with exports and the good dignified jobs this enables.
Your imports, borrowing and spending model gave us a massive trade deficit which Merv King says was unsustainable


Labours told us our economy was dire from 2010 until just before Brexit, when all of a sudden we were told we had a golden economy, what a bunch of wallies

Conrad

ilovehouses wrote: »

My argument is that fewer shared standards will lead to an increase in cost and complexity.

Provide evidence that prospering independent nations suffer the fate you paint us.


Tell me why several advanced non EU nations have increased exports to EU faster than we have* given your presumption non members supposedly suffer due to non sharing of standards.


*
bbc.co.uk/news/business-39356664

andrewf75

Conrad wrote: »

Backing for post-Brexit Britain from Qatari investment fund and Siemens

http://www.telegraph.co.uk/business/2017/03/27/backing-post-brexit-britain-qatari-investment-fund-siemens/


McLaren, the supercar maker, moving production of carbon fibre chassis from Austria to the UK.

https://www.ft.com/content/03ae9358-edf5-11e6-930f-061b01e23655?mhq5j=e3


Toyota is to invest £240m into modernings its car plant in Derbyshire in a major boost for the automotive industry after Britain’s vote to leave the EU.

https://www.theguardian.com/business/2017/mar/16/toyota-brexit-derbyshire-plant-burnaston-uk


Google's opening a huge new tech hub in London for training the UK in digital skills

http://www.cityam.com/266478/googles-opening-huge-new-tech-hub-london-training-uk

Jaguar-Landover (10,000 new jobs)
http://www.coventrytelegraph.net/news/coventry-news/jaguar-land-rover-announce-thousands-13202663

McDonald’s moves international HQ from Brussels to UK.
http://www.independent.co.uk/news/business/news/mcdonald-s-moves-non-us-base-to-uk-after-run-in-with-eu-tax-regulators-a7464106.html


Rolls-Royce vows to protect 7,000 jobs with £150m investment
https://www.theguardian.com/business/2017/jun/29/rolls-royce-jobs-investment-unions-uk-brexit

It is not all bad news, unlike yourself I look at things from both sides and I have been overall heartened that the impact of Brexit hasn't been as bad as feared (so far)
But overall the outlook still seems to be mostly bad....
and no I'm not going to post a list in response, I'm interested in discussion not pushing one view against another.

A_Medium_Size_Jock

ilovehouses wrote: »

My argument is that fewer shared standards will lead to an increase in cost and complexity. My response is that your "argument" is based upon supposition, dreams if you will. You have provided no evidence to support your claims.

You haven't rebutted anything. My previous post very clearly shows that statement incorrect. Your post is nothing more than another move in your quest to win 'Game of Forums'.
Silly me thinking that this was a discussion thread; has it changed then?

Pot and kettle much there; sore loser of their supposed "game" methinks.
Now queue further pointless diatribe?

And moving on (because I can do that, unlike some) this regarding wages:

"The important thing for us is job churn and we're hopefully that there might be the beginnings of some salary inflation and that will help the job market, which has really been frozen for the better part since 2009," Alan Bannatyne, chief financial officer at recruiter Robert Walters (RWA.L), told Reuters.

http://uk.reuters.com/article/us-britain-economy-idUKKBN19X13C

kabayiri

ilovehouses wrote: »

...
The EU must have import rules for VLSI chips (whatever they are) - they won't be waved through customs if you stick an ISO certificate to the container. Whatever a third country supplier needs to do you might too.

My example isn't so much about the type of product/chip/widget but the process now (well certainly in high tech compliance).

You publish compliance models and validation suites even before the actual devices reach Beta nowadays.

As a result you see rapid maturity of relatively new markets, like drones.

Class leaders like DVI really have to step up to head the pack, and new entrants from places like the UK can tap into VC and crowd sourcing to carve out new niches and value add.

This is vastly more effective than the way we spend money on megalithic IT systems in our NHS for example, which are often obsolete the day they finally get rolled out.

Change brings new challenges and that is when I think we are at our best. I'm really not interested in the old world of coffee sellers or blokes washing my car. They are not part of the productive future.

mayonnaise

A_Medium_Size_Jock wrote: »

Meanwhile Erdogan says the EU are wasting Turkey's time

Obviously, there's no place for a despotic, dictatorial, freedom of speech suppressing, political opponents torturing regime in the democratic EU.
And your point is...?