DOOM: 'The dominos are starting to fall in the UK commercial property market'

[CretinWatcher]

Where else offers the same free market advanced society with a supportive rule of law? I find some of you people who denigrate the uK quite pathetic. I can imagine what it would be like with these people "in the trenches" . This whole brexit thing has been a battle between those who loathe Britain and those who love Britain. To those of you who clearly loathe Britain F**k off and live somewhere else and build your own CUK forum in your chosen country instead of coming on here and posting your whining garbage.

If you loved Britain so much why did you vote to fook it up?
It's not going to be Great Britain or United Kingdom much longer, leaving aside the economic chaos.

[GB9]

Oh so during he first three months of the year NOBODY knew about Brexit referendum in June???

Big foreign companies were sitting on the fence until results were known - deals were delayed, that was obviously noticed so flow of new money into funds dropped.

Now people want to get their own money back and they can't!

But surely everyone thought there would be no Brexit?

Honestly, this happened during the financial crash. If you Wang quick cash you trade in a liquid market. Property isn't.

So much for being in for the long term.

[diseasex]

But surely everyone thought there would be no Brexit?

Honestly, this happened during the financial crash. If you Wang quick cash you trade in a liquid market. Property isn't.

So much for being in for the long term.

This guy provided with hard proof will still believe nothing has happened and we will flourish outside of EU.

[GB9]

This guy provided with hard proof will still believe nothing has happened and we will flourish outside of EU.

What hard proof? I'e just pointed out the facts released earlier today. There are no facts about post Brexit as it was only 10 days ago. You are going on hearsay as you are desperately trying to convince everyone that it is doom and gloom.

Why are other countries already talking trade if it's so bad?

[diseasex]

What hard proof? I'e just pointed out the facts released earlier today. There are no facts about post Brexit as it was only 10 days ago. You are going on hearsay as you are desperately trying to convince everyone that it is doom and gloom.

Why are other countries already talking trade if it's so bad?

The Bank of England: 'The current outlook for UK financial stability is challenging'

The Bank of England says that many of the potential risks it had identified in the run up to the referendum "have begun to crystallise." In other words, the doom-laden predictions are beginning to come true.

hope you like your job.

[AtW]

"Suspension of real estate funds is "not a panic measure", says Bailey

When asked about the suspension of Standard Life's real estate fund, Carney said the bank has highlighted issues of liquidity mismatches in REITs.

The FCA's Bailey attempted to reassure markets by saying the suspension of real estate funds is "not a panic measure".

He said the purpose of the suspension is to create a pause to revalue underlying assets. Different treatment of investors in real estate funds is something he does not want.

Bailey adds: "We are in very close touch with firms in real estate sector.

"My own feeling is that we will need to review structure of open-ended real estate funds."
"

[AtW]

But surely everyone thought there would be no Brexit?

Honestly, this happened during the financial crash. If you Wang quick cash you trade in a liquid market. Property isn't.

So much for being in for the long term.

I thought there would be no Brexit.

However I prudently decided to accumulate EUR/USD and NOT change them until result is known - this is common business sense 101.

Same for big companies that delayed signing off projects until the result - it was even easier for them because they had no downside other than extra 6-9 months wait.

[DodgyAgent]

If you loved Britain so much why did you vote to fook it up?
It's not going to be Great Britain or United Kingdom much longer, leaving aside the economic chaos.

Funnily enough I think the UK has always been more than capable of running its own affairs and does not need to be subsumed into a vast undemocratic totalitarian state and join Greece on welfare dependency

[DodgyAgent]

I thought there would be no Brexit.

However I prudently decided to accumulate EUR/USD and NOT change them until result is known - this is common business sense 101.

Same for big companies that delayed signing off projects until the result - it was even easier for them because they had no downside other than extra 6-9 months wait.

If the Uk is doomed why are you still here?

[CretinWatcher]

Funnily enough I think the UK has always been more than capable of running its own affairs and does not need to be subsumed into a vast undemocratic totalitarian state and join Greece on welfare dependency

Well we've offically abandoned fiscal prudence, are about to create vast numbers of public sector jobs (staffed by immigrants, ironically) for the negotiations gravy train, and our politicians are AWOL.
So regardless of what your intentions were, you've already made us much more like Greece.
Shouldn't laugh really, it's all quite sad.