Brexit, The Economy and House Prices (Part 2)

A_Medium_Size_Jock

Arklight wrote: »

This seems to have been rather brushed over by the older leave voters here. Unsurprisingly.



Yes, well, with their triple locked state pensions and gold plated civil service final salary pensions, such as are enjoyed by Jock, other people losing their jobs so they they get to wave their Daily Mails and flap their little flags with pride in the golf club doesn't seem to matter. Even if those people are their own children. Apparently.

At some point, even though through the tragicomic slow motion idiocy of Brexit, it may begin to dawn on these people that their final salary pensions and triple locked state pensions, are somewhat dependent on young people being able to find jobs themselves with which to pay taxes.

Of course there are some younger leave voters too, though none as a majority under 50. Those who somehow managed to haul themselves off sofas piled high with empty sour cream Pringles tubes consumed watching Jeremy Kyle, to find their way to the local polling station they had never previously visited once, to vote on an issue they didn't understand to stop a tide of immigrants that was made up by the right wing press who they believed were coming to take jobs they don't want and won't apply for.

But apparently only a third of them are happy to see their friends and family lose their jobs.

Brexit. The British disease.

No it has not been "brushed over", it has been posted before in this thread.
Twice in fact.

Don't let that stop you trying again but bear in mind that there are ample enough reasons to hate many people in this world already without your putting in so much effort to give us another.

BTW, I have neither of the "triple locked state pensions and gold plated civil service final salary pensions" which you say I do.
Just so you know.

TrickyTree83

Arklight wrote: »

This seems to have been rather brushed over by the older leave voters here. Unsurprisingly.



Yes, well, with their triple locked state pensions and gold plated civil service final salary pensions, such as are enjoyed by Jock, other people losing their jobs so they they get to wave their Daily Mails and flap their little flags with pride in the golf club doesn't seem to matter. Even if those people are their own children. Apparently.

At some point, even though through the tragicomic slow motion idiocy of Brexit, it may begin to dawn on these people that their final salary pensions and triple locked state pensions, are somewhat dependent on young people being able to find jobs themselves with which to pay taxes.

Of course there are some younger leave voters too, though none as a majority under 50. Those who somehow managed to haul themselves off sofas piled high with empty sour cream Pringles tubes consumed watching Jeremy Kyle, to find their way to the local polling station they had never previously visited once, to vote on an issue they didn't understand to stop a tide of immigrants that was made up by the right wing press who they believed were coming to take jobs they don't want and won't apply for.

But apparently only a third of them are happy to see their friends and family lose their jobs.

Brexit. The British disease.

You're so salty you've lost objectivity.

mayonnaise

Conrad wrote: »

Back in the real world;


UK economy is about to surge back to life, says leading forecaster
Economic thinktank NIESR predicts boom in exports and higher wages will lead to GDP growth of nearly 2% and interest rate rise


https://www.theguardian.com/business/2017/aug/02/uk-economy-surge-life-leading-forecaster-jagjit-chadh

Since when are you putting your faith in expert economists and their appaling (sic) record of prediction??

https://forums.moneysavingexpert.com/discussion/5539881

mayonnaise

Meanwhile, in the real world, far away from forecasts and opinion pieces...

Construction growth eases to 11-month low in July

Key findings:
 Weakest construction performance since
August 2016
 Commercial work falls at fastest pace for 12
months
 New orders decline, leading to softer job
creation in July

And just for Jock:

Any figure above 50 signals growth.

https://www.markiteconomics.com/Survey/PressRelease.mvc/b5d052aa8fdc443da456af565e5b2261

Conrad

mayonnaise wrote: »

Construction growth eases to 11-month low in July

Several times Remainers have jumped on poorer construction and then as sure as the sun rises we get improved figures shortly thereafter.


Prices are too high, nothing to do with Brexit, the market is behaving exactly as it should, sellers got too ambitious, prices need to come back in line with incomes.

Conrad

mayonnaise wrote: »

Since when are you putting your faith in expert economists and their appaling (sic) record of prediction??

https://forums.moneysavingexpert.com/discussion/5539881

To be fair I do usually stick to banked figures rather than predictions, however I thought I'd take a leaf from the Remoaner play book and cite a mere projection.


Booming manufacturing and retail sales, tourism and investment.

A_Medium_Size_Jock

mayonnaise wrote: »

Meanwhile, in the real world, far away from forecasts and opinion pieces...

Construction growth eases to 11-month low in July



And just for Jock:

Still in growth then, yay! :T

From earlier in the year a pesky forecast looking further ahead from the industry itself:
"Construction growth set to outstrip UK economy"

http://www.building.co.uk/construction-growth-set-to-outstrip-uk-economy/3080249.article

Fella

How did UK manufacturing do compared to say, France, Spain & Ireland?

As it happens:
http://www.telegraph.co.uk/business/2017/08/01/british-manufacturing-growing-faster-pace-france-spain-ireland/

A_Medium_Size_Jock

Banking uncertainty in London regarding Brexit?
No problem, say Asian investors:
"Asian merchant bank Ion Pacific expands into European market with new HQ... in London"

Asked why Ion Pacific had chosen London as its European base, she said: “London will always be the HQ for Asian investors, especially the Chinese, who see it as a platform for Europe. This is unlikely to change, regardless of how Europe comes to see London in the future”

http://www.cityam.com/269593/asian-merchant-bank-ion-pacific-expands-into-european

setmefree2

UK proposes national startup fund to mitigate Brexit risk

The National Investment Fund also aims to close a £4bn funding gap between US and UK tech firms

The UK government floated the idea of creating a national fund based on the results of a Treasury consultation, published yesterday, that revealed a £4 billion gap in funding between UK businesses and their counterparts in the US.
It believes a 'National Investment Fund' could close this gap, making startups more competitive against the US once the UK leaves the EU, especially if startups lose access to the EU's own funding initiative, the European Investment Fund (EIF).
"Britain is an innovation powerhouse and it's vital that we make sure our cutting-edge firms have the funding they need to meet their potential and conquer new markets," said chancellor Philip Hammond. "Meeting this challenge will boost our productivity and enable us to create more well paid jobs across the UK."

http://www.itpro.co.uk/government-it-strategy/29157/uk-proposes-national-startup-fund-to-mitigate-brexit-risk