Brexit, the economy and house prices part 5

Thrugelmir

gfplux wrote: »

With the above clouds on the horizon have they seen extra exports to non EU27 country’s which might provide compensation for any lost business to the EU due to a “no deal”

Why is the world going to suddenly stop?

In terms of value and volume these are the major players.

BP (oil, gas)
Rio Tinto Group (diversified metals, mining)
GlaxoSmithKline (pharmaceuticals)
British American Tobacco (tobacco)
AstraZeneca (pharmaceuticals)
SABMiller (beverages)

All are international businesses with existing locations worldwide.

ukcarper

Thrugelmir wrote: »

65% in 2015.

Be an opportunity to express broader opinions in 2018.

Didn’t it coincide with general election in 2015 in 2016 they were around 33%.

gfplux

Thrugelmir wrote: »

65% in 2015.

Be an opportunity to express broader opinions in 2018.

I understand the council elections were held on the SAME DAY as the General election.
So I think your turnout number is skewed because of that.

In May 2017 the turnout was 35.1% a little better that 2016 when it was closer to 33%

Don’t you find that shocking. It also makes me very sad.
Many people fought hard and some gave their life to get the vote.

gfplux

Thrugelmir wrote: »

Why is the world going to suddenly stop?

In terms of value and volume these are the major players.

BP (oil, gas)
Rio Tinto Group (diversified metals, mining)
GlaxoSmithKline (pharmaceuticals)
British American Tobacco (tobacco)
AstraZeneca (pharmaceuticals)
SABMiller (beverages)

All are international businesses with existing locations worldwide.

I think you missed my point.
I never suggested the world would stop. Let’s be clear Brexit is of little interest to much of the world.
I meant British manufacturing company’s actually producing products IN the UK and then sending those products (exporting) to either the EU27 or 3rd Country’s.

Thrugelmir

ukcarper wrote: »

Didn’t it coincide with general election in 2015 in 2016 they were around 33%.

If Brexit is on peoples minds. Then still an opportunity to express a view. Not many people care for local politics. Though with the Council Tax rises that are going to land on peoples mats in the coming weeks. The interest might be reignited. Onus being on local authorities to raise and spend money as they think fit. Decentralisation at it's best, as accountability becomes transparent. No hiding behind big numbers that no one can drill into.

gfplux

Thrugelmir wrote: »

Why is the world going to suddenly stop?

In terms of value and volume these are the major players.

BP (oil, gas)
Rio Tinto Group (diversified metals, mining)
GlaxoSmithKline (pharmaceuticals)
British American Tobacco (tobacco)
AstraZeneca (pharmaceuticals)
SABMiller (beverages)

All are international businesses with existing locations worldwide.

I think you missed my point.
I meant British manufacturing company’s actually producing products IN the UK.
Perhaps you actually did not

ukcarper

Thrugelmir wrote: »

If Brexit is on peoples minds. Then still an opportunity to express a view. Not many people care for local politics. Though with the Council Tax rises that are going to land on peoples mats in the coming weeks. The interest might be reignited. Onus being on local authorities to raise and spend money as they think fit. Decentralisation at it's best, as accountability becomes transparent. No hiding behind big numbers that no one can drill into.

My council tax as increased by maximum amount allowed since so called freeze and I fully expect a 6% rise this year and I bet turnout will still be low in council elections.

Rinoa

Well, the pound is steadily regaining its value and today hit $1.4. An obvious sign of a soft brexit to come.

Earlier, Nick McPherson, former Perm. Sec. to the treasury and arch pro-remainer tweeted.:

1/2 A reason for cautious optimism. What HMG has said and what it has done on EU negotiations are very different.

2/2 We will end up more integrated with EU than Brexiteers hope and Remainers fear. #freetrade

So it very much looks as though Theresa the Appeaser is waving the white flag and caving in to EU demands.

Sad day.

Thrugelmir

Rinoa wrote: »

Well, the pound is steadily regaining its value and today hit $1.4. An obvious sign of a soft brexit to come.

Or there's confidence in the fact that the UK is continuing to address underlying economic and fiscal issues in the right manner. Aided by the fact that the global economy is growing steadily.

Todays news

UK public finances boosted by EU credit, surging VAT receipts

https://uk.reuters.com/article/uk-britain-economy-budget/uk-public-finances-boosted-by-eu-credit-surging-vat-receipts-idUKKBN1FC0ZB

A booming EU economy results in the UK contributing less. Long may it continue! Thanks of course to the ECB for their loose monetary policy within the Eurozone.

BarronTrump

How will the higher pound effect house prices?

My father says they will drop as they will be more expensive for foreign investors, however I am not so sure.