We are still in the EU though aren't we?

[sasguru]

UK services sector grew at its fastest rate for six months in October | The Independent



All because we are in the EU.

So this Has settled it, you’re staying then ...

[vetran]

UK services sector grew at its fastest rate for six months in October | The Independent



All because we are in the EU.

nope its a dead tiger bounce

[DimPrawn]

UK services sector grew at its fastest rate for six months in October | The Independent

The UK's dominant services sector grew at its fastest rate in six months in October according to the latest survey snapshot, sending the pound higher.

The Purchasing Managers' Index for the month came in at 55.6, up from 53.6 in the previous month and well ahead of City analysts' expectations of a slowdown to 53.3.

All because we are in the EU.

[sasguru]

Actually, from the article he quoted at the top, it's the domestic market for manufactured goods that is rising:



This is probably due to the weak pound, making the local supply chain more cost effective.

And from my link, the EU is also buying more. So it's a combination of both.
But what it isn't is the UK selling to the rest of the world, which we are told by the more stupid Brexiters is to be our mainstay of trade going froward.

[WTFH]

So what do think of the fact that exports are rising because the EU is buying more from us?

Actually, from the article he quoted at the top, it's the domestic market for manufactured goods that is rising:

The report said the UK domestic market was the prime source of new manufacturing orders. However, growth of the consumer goods sector fell to a seven-month low as new contracts eased.

This is probably due to the weak pound, making the local supply chain more cost effective.

[motoukenin]

UK manufacturing growth was stronger in October, says PMI survey - BBC News

My advice to newbies is to check on Google before asking such basic questions otherwise you may find yourself getting toasted , oh sorry you already have.

[stek]

So what do think of the fact that exports are rising because the EU is buying more from us?

Stocking up before the duty and vat get slapped on a few years!

[sasguru]

The point is all good news is spun as "whilst we remain in the EU" and all bad news is spun as "due to Brexit"

So if it's sunny and warm tomorrow I know it is because we are still in the EU...

So what do think of the fact that exports are rising because the EU is buying more from us?

[DimPrawn]

Yes we are still in the EU.
https://www.theguardian.com/business...d-trade-europe

It's difficult to see what your point is?
I suspect you don't have one.
Your logical skills are so poor, you must be a really shit developer.

The point is all good news is spun as "whilst we remain in the EU" and all bad news is spun as "due to Brexit"

So if it's sunny and warm tomorrow I know it is because we are still in the EU...

[northernladyuk]

And by 2040 the UK may reach 2006 GDP levels again.

Still, Ireland has more than passed its pre-crash peak.

[sasguru]

UK manufacturing growth was stronger in October, says PMI survey - BBC News

Yes we are still in the EU.
https://www.theguardian.com/business...d-trade-europe

It's difficult to see what your point is?
I suspect you don't have one.
Your logical skills are so poor, you must be a really shit developer.

[northernladyuk]

UK manufacturing growth was stronger in October, says PMI survey - BBC News

And by 2040 the UK may reach 2006 GDP levels again.

[DimPrawn]

UK manufacturing growth was stronger in October, says PMI survey - BBC News

It was the fifteenth consecutive month of expansion for the sector, and will fuel debate over whether the economy is ready for an interest rate rise.

The news sent the pound to its highest against the dollar since early October.