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UK economy is about to surge back to life, says leading forecaster

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    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...MCNEWEML6619I2
    http://www.cih.org/news-article/disp...housing_market

    #2
    Originally posted by PurpleGorilla View Post
    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...MCNEWEML6619I2
    Great news. Is that in hard currency or mickey-mouse money terms?

    Comment


      #3
      Suddenly we've built a manufacturing export industry that took Germany 30+ years. Go Britain!
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        #4
        Originally posted by scooterscot View Post
        Suddenly we've built a manufacturing export industry that took Germany 30+ years. Go Britain!
        A car manufacturing industry which is about to be decimated by Tesla model 3's?

        Comment


          #5
          Looking forward for the promised interest rate increase and the imminent housing market collapse.

          Comment


            #6
            Originally posted by sal View Post
            Looking forward for the promised interest rate increase and the imminent housing market collapse.
            It will not happen.

            For all my economik predictions, I only listen to AtW. He reads squirrel poo to get them.

            Comment


              #7
              Originally posted by original PM View Post
              A car manufacturing industry which is about to be decimated by Tesla model 3's?
              - hold that thought... Youtube is full of peeps complaining about reliability and build quality. Doors not closing in the same position, replacing failed parts 2-3 months later. So in built design issues not just failing replaceable parts. They're doing an excellent PR job covering up the issues. There's also a number of programs about the workers in Tesla doing insane shifts, up to 22 hours. Little wonder there's issues. Whereas in Germany there's strict controls on working hours or rather respect for them.

              The German car industry is built on quality, the yanks are nowhere near matching that level of process experience and it shows.

              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                #8
                Originally posted by original PM View Post
                A car manufacturing industry which is about to be decimated by Tesla model 3's?
                Have you seen the interior of the Model 3? No wonder they kept it secret for so long - plastic fantastic with a DIYesque tablet slapped in the middle

                Comment


                  #9
                  Originally posted by sal View Post
                  Have you seen the interior of the Model 3? No wonder they kept it secret for so long - plastic fantastic with a DIYesque tablet slapped in the middle
                  It is a big step forward.

                  In 1997 almost all cameras were analog. 10 years later almost all were digital.

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                    #10
                    Originally posted by PurpleGorilla View Post
                    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...MCNEWEML6619I2

                    Suggest you read the background of the self proclaimed twat from the thinktank.
                    "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

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