Originally posted by BlasterBates
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Previously on "Only need the sunny uplands, we have the world's 3rd largest Unicorn population!"
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https://www.bloomberg.com/news/artic...premium-europe
Euro-Area Confidence at Highest in 21 Years As Economy Reopens
Confidence in the euro-area economy improved to the highest level in more than two decades in June as a reopening of shops, restaurants and other services propelled the region’s recovery from the pandemic crisis.
A European Commission sentiment index increased to 117.9, exceeding almost all estimates in a Bloomberg survey. The gain was driven by surging optimism in services, though industry, retail trade and construction also improved.
The region’s economy is rebounding rapidly as infection rates drop and pandemic restrictions are lifted. Many countries expect demand over the summer months to surge as travel and business activity resumes, though some are still exercising caution over the spread of Covid-19 variants.
Euro-area services posted the fourth “significant” improvement in a row, and industrial confidence reached an all-time high.
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Originally posted by vetran View Post
wow 2 out of 26 EU countries beat us in the world?
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Originally posted by BlasterBates View Post
The decline in investment in the UK started after the Brexit vote and continues apace.
https://www.nordeatrade.com/en/explore-new-market/united-kingdom/investment
The Netherlands gets more inward investment than the UK.
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Originally posted by BlasterBates View PostThe Netherlands gets more inward investment than the UK.
So it's got better since Brexit.
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Originally posted by ThickBigot View Post
Not COVID related then? Its either the 2015 vote or the January 2021 separation?
Cherry picking as usual
So next year Germany, France or even the whole EU will be world number 3 for Unicorns ? Or will the UK still hold the title having acquired it at the end of 2020 despite the alleged fall in investment?
Taken MasterBates Cherry again!
https://www.nordeatrade.com/en/explore-new-market/united-kingdom/investment
According to the World Investment Report 2020 published by UNCTAD, FDI inflows into the UK have declined for the second year in a row, reaching USD 59 billion in 2019, compared to USD 65 billion in 2018 and USD 101 billion in 2017. FDI stock in 2019 was about USD 2 trillion, compared to USD 1430 billion in 2018. The United Kingdom was the 8th recipient of global FDI flows, behind the United States, China, the Netherlands, Hong Kong, Singapore, Germany and Australia
The Netherlands gets more inward investment than the UK.
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Originally posted by vetran View Post
FTFY
The fact is, there aren't any minuses.
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Originally posted by BlasterBates View PostIndeed the UK had a good track record up until Brexit. Investment is now declining rapidly.
https://diginomica.com/uk-tech-inves...evious%20year.
There isn't a single downside or negative with Brexit. It's all positive and wonderful.
Brexit makes everything better.
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Originally posted by BlasterBates View PostIndeed the UK had a good track record up until Brexit. Investment is now declining rapidly.
https://diginomica.com/uk-tech-inves...evious%20year.
Cherry picking as usual
But there is much to celebrate, said Grech:In 2018, a tech business was born in the UK every 60 minutes, but in 2020, one was born every 30 minutes […], which is a good thing, because obviously that will mean an acceleration of job creation in the sector.
Taken MasterBates Cherry again!
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Indeed the UK had a good track record up until Brexit. Investment is now declining rapidly.
https://diginomica.com/uk-tech-inves...evious%20year.
2020's $9.4 billion in venture capital invested in the UK from overseas actually represented a year-on-year decline of nearly $1 billion, while digital services exports also fell significantly against the previous year.
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oh look sunny uplands on Thursday!
wonder if the titerati will comment before then?
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Only need the sunny uplands, we have the world's 3rd largest Unicorn population!
https://www.uktech.news/featured/lat...of-uk-20201130
As the digitisation of almost all services results in numerous business opportunities, millions of startups mushroom every year. However, only a few of these startups come out with flying colours. Eventually, only some of these attain the status of a ‘unicorn’ with a valuation of over £1 billion.Talking about unicorns, almost 48% of the global unicorns are in the US, which is 235 companies including 50% of the global decacorns. Currently, there are 26 decacorns with a valuation of over $10B (nearly £7.5B). Following the US, comes China with the second-highest number of unicorns with 119 (24.3%). Some notably Chinese unicorns include fashion brand SHEIN and ByteDance, which is the world’s only hectocorn valued at over $100B (nearly £75B).
Next comes the UK, which ranks third in terms of the number of unicorns.Tags: None
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