[Merged]Brexit stuff

[original PM]

Or were not available to comment. One wonders why.

Amazing what you can do with reading comprehension.

Yes maybe they could just not be arsed responding to another bremainer themed survey.

[BlasterBates]

In another piece of good news Liam Fox who went went to the US to start trade talks has been told by US government officials that there is no point in the UK negotiating with the US until Britain has left the EU.This means the UK can focus exclusively on its Brexit negotiations, rather than getting mired in negotiating 150 new replacement bilateral treaties:

Theresa May takes Brexit’s immigration message to eastern Europe | Politics | The Guardian

The task of negotiating trade deals with the rest of the world has been given to Liam Fox, the new trade secretary, who has been in the US attempting to initiate talks. However, the US has said it is difficult to begin meaningful discussions until the UK is out of the EU.

Liam Fox could probably spend the next two years improving his golf handicap.

[vetran]

In another piece of good news Liam Fox who went went to the US to start trade talks has been told by US government officials that there is no point in the UK negotiating with the US until Britain has left the EU.This means the UK can focus exclusively on its Brexit negotiations, rather than getting mired in negotiating 150 new replacement bilateral treaties:

Theresa May takes Brexit’s immigration message to eastern Europe | Politics | The Guardian



Liam Fox could probably spend the next two years improving his golf handicap.

cheer up when Trump win he will buy us & turn us into one big Golf course.

[LondonManc]

Yes maybe they could just not be arsed responding to another bremainer themed survey.

Bremoaners isn't strong enough. We need to start calling them Brementors because they're sucking the joy out of the forum.

[DodgyAgent]

In another piece of good news Liam Fox who went went to the US to start trade talks has been told by US government officials that there is no point in the UK negotiating with the US until Britain has left the EU.This means the UK can focus exclusively on its Brexit negotiations, rather than getting mired in negotiating 150 new replacement bilateral treaties:

Theresa May takes Brexit’s immigration message to eastern Europe | Politics | The Guardian



Liam Fox could probably spend the next two years improving his golf handicap.

Which is a bit like waiting until you have finished your current job before negotiating for a new one

[Old Greg]

Bremoaners isn't strong enough. We need to start calling them Brementors because they're sucking the joy out of the forum.

I'm sorry you're not enjoying it. I'm having a whale of a time.

[Martin@AS Financial]

Economic prospects after Brexit according to PWC

Taken from PWC

UK economic growth had already slowed from around 3% in 2014 to around 2% before the EU referendum due to slower global growth, but the vote to leave the EU is likely to lead to a significant further slowdown.

In our main scenario, we now project UK growth to slow to around 1.6% in 2016 and 0.6% in 2017, largely due to the increased political and economic uncertainty following the ‘Brexit’ vote.

The UK would narrowly avoid a recession in this main scenario, although there are particularly large uncertainties around any such projections after the Brexit vote.

The main reason for the slowdown will be a decline in business investment, particularly from overseas in areas like commercial property. This is being driven by economic and political uncertainty in the short term, as well as concerns about the UK’s future trading relationships with the EU in the longer term.

Consumer spending growth is projected to hold up better, but will still slow from previous strong rates, dropping to around 1.3% in 2017 in our main scenario. This reflects the impact of a weaker pound in pushing up import prices and squeezing the real spending power of households, as well as lower consumer confidence levels and slower jobs growth.

Business and financial services sector growth will slow but should remain positive in 2016-17. But construction companies and capital goods manufacturers will suffer from lower investment levels, although some manufacturing exporters will benefit from the weaker pound.

House price growth is likely to slow due to uncertainty relating to Brexit. We do not expect a major house price crash, but average UK prices by 2018 could be around 8% lower than if the UK had voted to stay in the EU in our main scenario.

However, we still expect average UK house prices to rise in our main scenario even with the effects of Brexit. We estimate that prices could be around 8% higher on average in 2018 than they were in 2015, although there is a broader than usual range of uncertainty around this central estimate.

London may be particularly hard hit due to the weakening of international investor demand, with the impact of Brexit being to reduce average London house prices in 2018 by around £60,000 relative to a scenario where the UK voted to remain in the EU.

Despite this moderation of house price growth, first time buyers still face a tough challenge to get on the property ladder, with a potential average savings period for a deposit of around 19 years for young people without family assistance. This remains a major barrier for generation rent to get on the housing ladder, emphasising the need both to build more homes and to increase the quality of rented accommodation in the UK.

Full Report here:

http://www.pwc.co.uk/assets/pdf/ukeo...-july-2016.pdf

[DimPrawn]

Sounds like a load of bollux to me.

[NotAllThere]

Sounds like a load of bollux to me.

Well, you would say that, wouldn't you.

[CretinWatcher]

Sounds like a load of bollux to me.

You're right. Far too optimistic. I predict a full blown recession.