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Brexit, the economy and house prices (Part 3)

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Comments

  • Theresa May courts American investment:
    Prime Minister Theresa May will tell US investors today that the UK is seeking the “deepest and broadest” trading arrangements with the EU, as she tries to entice US capital to the country at a business roundtable in New York.
    Livingstone did find that the UK is overall still an attractive destination for international buyers. “What’s particularly noticeable for the UK is that political uncertainty and Brexit have done little to dampen international interest, with inbound activity holding up well,” the report stated.
    http://www.cityam.com/272329/theresa-may-tells-us-investors-she-seeking-deepest-and
  • Not everybody thinks Brexit will be a disaster looking at these:

    Muller invests another £100 million in Shropshire:
    http://www.bbc.co.uk/news/uk-england-shropshire-41324562

    Admiral create 200 new jobs in Cardiff:
    http://www.walesonline.co.uk/business/business-news/admiral-create-200-new-jobs-13644998

    Hundreds more new jobs are created at an existing call centre in Exeter:
    http://www.devonlive.com/news/jobs/hundreds-new-exeter-jobs-announced-498521
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    We'll still eat yogurt and will still need car insurance post-brexit. Shocking!
    Don't blame me, I voted Remain.
  • System
    System Posts: 178,356 Community Admin
    10,000 Posts Photogenic Name Dropper
    If you did indeed read more and perhaps spent less time purely baiting others you might find (as I do) something approaching a middle ground in what is being said rather than espousing your own unimaginatively selective media-based blurb.

    Yeah, sorry for not watching Sky News. Don't watch question time either - gasp!
    Just a wild guess here but I foresee a negative response soon winging it's way onto this thread.

    Usual tactics. A couple of paragraphs where you debate me and then challenge me not to respond.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • System
    System Posts: 178,356 Community Admin
    10,000 Posts Photogenic Name Dropper
    Here's an interesting one. Ineos, a huge chemicals manufacturer, are diversifying into car production.

    They think there's a gap in the market now that Land Rover have ceased production of the Defender.

    Options are for a brand new plant in the North East or, alternatively, there's quite a lot of spare capacity in Europe. the billionaire founder of Ineos has 'a passion for UK manufacturing'.

    Watch this space.

    http://www.bbc.co.uk/news/business-41317895
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • A_Medium_Size_Jock
    A_Medium_Size_Jock Posts: 3,216 Forumite
    edited 20 September 2017 at 11:22AM
    Still migrants attempt to reach the UK via the area around Calais - but the French now continue dissuading them in attempts to prevent another "Jungle":
    French authorities evacuated hundreds of migrants from a wood on the northern coast near Calais on Tuesday over fears it could become a magnet for others hoping to head to Britain.
    https://www.thelocal.fr/20170919/france-clears-hundreds-of-migrants-from-wood-near-calais
  • It looks like any concern regarding Brexit isn't putting off shoppers:
    Shopping surge in August boosts British rate hike bets

    “Consumers are showing an impressive resilience in the face of the ongoing real pay squeeze,” said Ruth Gregory of Capital Economics. “As a result, a modest pick-up in household spending should help the economy to re-accelerate a little ... and adds weight to our view that the Monetary Policy Committee will hike interest rates in November.”
    http://uk.reuters.com/article/us-britain-economy-retail/shopping-surge-in-august-boosts-british-rate-hike-bets-idUKKCN1BV148
    "This could bode well for economic growth – the UK economy is heavily reliant on the consumer, and economists had expected falling real incomes to eventually translate into weak retail sales. If this fails to materialise the economy could see a stronger second half to the year – though there are also growing concerns over the level of household debt, which is fuelling continued consumption in the absence of rising real wages.
    http://www.cityam.com/272373/pound-has-jumped-after-uk-high-street-sales-smashed
  • It looks like any concern regarding Brexit isn't putting off shoppers:
    Sure looks like that, yes.
    Britain's debt time​bomb: FCA urges action over £200bn crisis

    https://www.theguardian.com/business/2017/sep/18/britain-debt-timebomb-fca-chief-crisis
    Don't blame me, I voted Remain.
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    posh*spice wrote: »
    Sky are reporting we are bending over and giving the EU at least 20 billion euros post Brexit.

    Don't forget that when your relatives are dying on trollies this winter in NHS hospitals.

    Get yourself some private health insurance - whether you're remainers or leavers.

    The EU are robbers.


    The uk gives the EU much less than most nations thanks to the thatcher rebate, she really did good for the nation there. So its not right to say we pay a lot, we dont, the problem is we get much less back primarily because we have not a lot of land per capita and a lot of the payments from the EU are for farming.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    edited 20 September 2017 at 12:36PM
    Today it's what Merkel says goes. Tomorrow you'll be saying it's impossible for 27 nations to agree. Make your mind up.

    Today it's bored media making stuff up. Yesterday it was healthy open debate in government. Make your mind up.




    Point you miss is that we had to play along with the 'ooooh this Brexit thingy is so very hard' prior to the French & German elections, otherwise their candidates might be seen as weak on the Brits.

    We also did this to placate the EU as we are discouraging other leavers.

    All classic British deal making cunning

    Stop regurgitating what the press are feeding you - think independent thoughts


    The MSM get many things wrong - think how they told us the 2010 coalition would not last a year, and how parrots online repeated this inane nonsense. They said at every turn Trump could never win de to demographics. They said Corbyn would never survive.
    I could give many other examples. Most journalists are know-nothing generalists, have you not realised this?
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