So Teresa May indicated yesterday ...

[CretinWatcher]

There needs to be a General Election. It's a teensy-weensy bit dictatorial for May to say they're abandoning what was a central plank in Tory policy but we don't get to vote about it for 4 years.
This isn't a Brexit issue.
I didn't vote Tory for the country's debt to increase.

[GB9]

You don't think the pound falling to record lows is serious?
You do understand that will enlarge our already "highest since records began" trade deficit?
When the pound last fell in the shock of 2008 there was no huge rise in exports, because the overall shock to the system meant people round the world didn't buy stuff.
Same thing happening here.

The pound has fallen from 1.42 to 1.32. Over the last 10 years it's been as high as 1.92. It moves, although barely against the Euro.

And our exporters have been boosted which is what had driven the stock market higher.

And the property market seems to have had a further kick (unfortunately).

Not looking cataclysmic at the moment.

[CretinWatcher]

And our exporters have been boosted which is what had driven the stock market higher.
.

No that was because of the QE announcement. Exporting figures will not have changed in a week

And the property market seems to have had a further kick (unfortunately).
.

Again you won't have data on that in a week

Not looking cataclysmic at the moment
.

Correct, the cataclysmic stuff will take a while to feed through

[CretinWatcher]

Well its official now, debt reduction is no longer a priority for the Tories.

Osborne abandons 2020 budget surplus target - BBC News

[NotAllThere]

The FTSE may be up, but the exchange rate more than offsets the rise -> bad bet for foreign investors.