[Merged]Brexit good news

[Flashman]

Guardian live blog this morning.

8:09am: UK jobless claims expected to rise following Brexit vote – Economists polled by Reuters are expecting a 9,500 jump in claims

9:34am: A big surprise in the labour market data: the number of people claiming unemployment benefits fell by 8,600 in July, a month after the Brexit vote. No sign yet then that the Brexit vote is hurting the jobs market…

The Guardian. Wrong about everything. Every time.

[The_Equalizer]

Guardian live blog this morning.





The Guardian. Wrong about everything. Every time.

Same for the BBC although it has been buried now.

[Old Greg]

Guardian live blog this morning.





The Guardian. Wrong about everything. Every time.

What did the economists polled by Reuters actually say?

[Old Greg]

We would perhaps do better to trust a more neutral news source such as the Telegraph:

Unemployment data 'unlikely to show true cost of Brexit'
Jeremy Cook, of World First, says this morning's unemployment data is " unlikely to show us the true cost of Brexit yet either".

"A slowing of the business cycle does not necessarily lead to job losses and if it does, these job losses are far from immediate. I would council that it is not the July jobs number that is most important but maybe the numbers due in November and December.

"It is difficult to fire people in the UK and businesses are not going to kneejerk their workforce given we have very little clarity over the economic and political outlook for the UK corporate sector.

Cook says its the retail sales data which is due tomorrow that is the most important.

"The UK’s recovery since the Global Financial Crisis has been one of consumption with savings ratios depressed and consumer credit expanding; there is little further to push this bubble however in a landscape where wages are likely to remain depressed and confidence low."

[NigelJK]

What did the economists polled by Reuters actually say?

Whatever Bloomberger told them to.

[GB9]

We would perhaps do better to trust a more neutral news source such as the Telegraph:

Yes, much too early for a definite view on what will happen but given the excitement amongst Kermit and friends at the prospect of rising unemployment, it's a bit of a fail. As is ghe rest of the week so far.

[Old Greg]

Yes, much too early for a definite view on what will happen but given the excitement amongst Kermit and friends at the prospect of rising unemployment, it's a bit of a fail. As is ghe rest of the week so far.

That's the spirit!

[OwlHoot]

Same for the BBC although it has been buried now.

The BBC are still fighting Brexit, tooth and nail, every inch of the way!

2016-08-17 David Keighley’s BBC Watch: Radio 4 still fights the last propaganda war against Brexit

So anything contradicting their relentless propaganda must be discredited or swept under the carpet immediately!

[OwlHoot]

What did the economists polled by Reuters actually say?

As Reuters and Bloomberg are both (I believe) fanatically pro-EU, the economists they found polled probably say Brexit was a Bad Thing.

[vetran]

This is only to lure us to trigger Article 50. The cost of lost trade with UK is nothing compared to the cost of more countries lining to leave if the deal is so great.

so you think our valued EU colleagues would lie like a teenage boy trying to get in a girls Knickers - shocking!