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The U.K.'s Economic Outlook Is Getting Rosier

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    #61
    This UK economic miracle is a huge debt binge.

    https://www.bloomberg.com/news/artic...umer-borrowing
    I'm alright Jack

    Comment


      #62
      Originally posted by BlasterBates View Post
      This UK economic miracle is a huge debt binge.

      https://www.bloomberg.com/news/artic...umer-borrowing
      Since 1980.

      The question is how much can be borrowed?

      Comment


        #63
        Originally posted by BrilloPad View Post
        Since 1980.

        The question is how much can be borrowed?
        If the choice is utter collapse vs feed the fire then like all economists they will find a way to print money for ever

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          #64
          Originally posted by bobspud View Post
          If the choice is utter collapse vs feed the fire then like all economists they will find a way to print money for ever
          Whatever, but I'm more interested in whether you're putting money on Merkel to lose. If I were you I would.
          Hard Brexit now!
          #prayfornodeal

          Comment


            #65
            The UK's credit rating has been cut over concerns about the UK's public finances and fears Brexit could damage the country's economic growth.
            UK's credit rating downgraded by Moody's - BBC News
            "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

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              #66
              The U.K.'s Economic Outlook Is Getting Rosier, just like the slump in the early 70s.
              Good old 70s with Laker, Court Line, Clarkson's etc going to the wall

              Monarch flights cancelled as airline ceases trading

              Around 110,000 customers are currently overseas and the government has asked the
              CAA to charter more than 30 aircraft to bring them back to the UK.
              Monarch is the UK's fifth biggest airline and the country's largest ever to go into administration.
              Monarch, founded in 1968, employs about 2,500 people and is made up of a scheduled airline, tour operator and an engineering division.
              Monarch flights cancelled as airline ceases trading - BBC News
              Last edited by Paddy; 2 October 2017, 05:16.
              "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

              Comment


                #67
                Originally posted by Paddy View Post
                The U.K.'s Economic Outlook Is Getting Rosier, just like the slump in the early 70s.
                Good old 70s with Laker, Court Line, Clarkson's etc going to the wall

                Monarch flights cancelled as airline ceases trading



                Monarch flights cancelled as airline ceases trading - BBC News
                Weak sterling partly to blame. Nice work Brexiteers.

                Comment


                  #68
                  The rosier economic outlook seems to have only lasted 20 days. Life is a roller coaster eh?

                  Time to short the pound against dollar and euro..

                  UK annual growth rate for second quarter revised down


                  The UK's economy grew at its slowest annual pace since 2013 in the three months to June, according to revised official figures.
                  Gross domestic product (GDP) grew by 1.5% from a year earlier, the Office for National Statistics (ONS) said, down from an earlier estimate of 1.7%.
                  However, the quarterly growth rate remained unchanged at 0.3%.
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    #69
                    You didn't actually bother to read your own quote then? No change reported, except that doesn't sell it to the remoaners does it

                    Comment


                      #70
                      Originally posted by NigelJK View Post
                      You didn't actually bother to read your own quote then? No change reported, except that doesn't sell it to the remoaners does it
                      The UK's economy grew at its slowest annual pace since 2013 in the three months to June, according to revised official figures.

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