Brexit, the economy and house prices part 5

Eric_the_half_a_bee

mayonnaise wrote: »

Meanwhile...

Alarm sounds over state of UK high street as sales crash

Only the other week the Grauniad was telling us how terrible it was that consumer credit was rising too fast.
Now it's telling us how terrible it is that consumer credit has slowed down.

Oh, and also, "high street". Apparently, there's something called the internet.

Herzlos

setmefree2 wrote: »

http://www.cityam.com/274574/10-reasons-uk-should-not-fear-no-deal-brexit-outcome

What do you think about the 10 reasons?

They seem a bit contraversial to me. Like the idea that leaving the single market is good, cutting corporation tax is good, and the rest seem to just sum up as "brexit is great!".

setmefree2

Fears over student 'Brexodus' misguided

While several academics have claimed that Brexit would be a “disaster” and deter European students from applying, in fact, the number applying from within the EU has increased by six per cent.

http://www.telegraph.co.uk/education/2017/10/26/fears-student-brexodus-misguided-new-ucas-figures-suggest-amid/

Herzlos

Eric_the_half_a_bee wrote: »

Only the other week the Grauniad was telling us how terrible it was that consumer credit was rising too fast.
Now it's telling us how terrible it is that consumer credit has slowed down.

The credit slowing down and drastic decline in purchasing power was inevitable and the major problem with consumer credit rising too fast. The economy relies on money flowing, which it won't do if everyone has overspent and stops buying stuff to service their debt.

Oh, and also, "high street". Apparently, there's something called the internet.

Most high street retailers also have an internet presence. Or are you positing that the reason high street sales have suddenly dropped is because there's been a massive shift to Amazon, rather than people running out of money?

setmefree2

Errrr save your money we're leaving

EU opens state aid probe into UK tax scheme for multinationals

https://uk.finance.yahoo.com/news/eu-opens-state-aid-investigation-british-tax-scheme-095940934--business.html

gfplux

setmefree2 wrote: »

https://www.bloomberg.com/news/articles/2017-10-25/eu-is-said-to-agree-to-start-planning-for-no-brexit-breakthrough

It would be good to know that Calais, Zeebrugge and Dublin are prepared for a no deal.

Looks like Dublin is preparing.

I have in the past pointed out that solutions will have to be found and this is the first news that could solve the issue for non perishable products.
Perishable goods are another matter.
http://www.dailypost.co.uk/business/business-news/giant-boat-fuels-fears-holyhead-13812310

The arrival of the world’s largest ferry on a Dublin to continental Europe route has sparked post Brexit fears over trade at Holyhead port.
The 234m ro-ro freight ferry Celine is being introduced on an Ireland to Belgium route by cargo group CLdN - increasing capacity on that service.
There are concerns this is part of a wider trend to hike up capacity on routes to and from Ireland that by-pass the UK to avoid potential tariffs and customs delays after Brexit.

mayonnaise

Car manufacturing in UK falls for fifth successive month

Both production for domestic market and exports falling...

http://www.insider.co.uk/news/car-manufacturing-uk-falls-fifth-11411037

Filo25

gfplux wrote: »

Looks like Dublin is preparing.

I have in the past pointed out that solutions will have to be found and this is the first news that could solve the issue for non perishable products.
Perishable goods are another matter.
http://www.dailypost.co.uk/business/business-news/giant-boat-fuels-fears-holyhead-13812310

The arrival of the world’s largest ferry on a Dublin to continental Europe route has sparked post Brexit fears over trade at Holyhead port.
The 234m ro-ro freight ferry Celine is being introduced on an Ireland to Belgium route by cargo group CLdN - increasing capacity on that service.
There are concerns this is part of a wider trend to hike up capacity on routes to and from Ireland that by-pass the UK to avoid potential tariffs and customs delays after Brexit.

Ireland would be mad if they weren't investigating this further, they don't want to be dependant on a dominant trading partner with whom trading relations are now a lot more unpredictable, especially as a lot of that trade will just be going through the UK on the way to and from the rest of the EU

Eric_the_half_a_bee

mayonnaise wrote: »

Car manufacturing in UK falls for fifth successive month

Both production for domestic market and exports falling...

http://www.insider.co.uk/news/car-manufacturing-uk-falls-fifth-11411037

I'm struggling to understand why you keep doing this. Every time there is bad news, you post a link. Every time there is good news, you stay silent. Quite often, a story is mainly good news and you pick out the one bad bit in it and quote that.

You must think we are a bit thick; it's certainly not having the effect you seem to be hoping for.

mayonnaise

gfplux wrote: »

l]
The arrival of the world’s largest ferry on a Dublin to continental Europe route has sparked post Brexit fears over trade at Holyhead port.

The Isle of Anglesey had a majority voting for Leave.
I'm pretty sure considerations about the future of Holyhead Port were carefully considered by these voters and found to be an irrelevance.