One senior diplomat said there was “chaos” in the British Government, adding: “The likelihood of Brexit by default has increased. If you hear three negotiators in London, you get three different Brexit concepts.”
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Reply to: Inflation falls unexpectedly to 2.6%
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Previously on "Inflation falls unexpectedly to 2.6%"
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Brexit news - British negotiators vow to challenge every line of EU divorce bill | Politics | News | Express.co.uk
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what about this
after Brexit nationalize all companies which are not British majority owned
and then float them all on the stock exchange
kerching for the treasury
Milan in "I should be a politician" mode.
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Originally posted by scooterscot View PostDoes the channel tunnel stay opened after Brexit or will they just flood it with the help of some dynamite?
Are we going to drain the channel as well?
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Does the channel tunnel stay opened after Brexit or will they just flood it with the help of some dynamite?
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Inflation falls unexpectedly to 2.6%
Originally posted by original PM View PostMM but last week rising inflation was caused by brexit...
seems to me that whatever happens it is bad and alll brexit's fault...
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Originally posted by BlasterBates View PostThis is the really bad news.
https://www.ft.com/content/0c3427b2-...8-8055f264aa8b
Plummeting investment in the car industry means no jobs tomorrow. This is the thing about investment is that it takes a year before you start see any effects.
Banks are beginning to relocate, currently hundreds of jobs but in phase 2 it will be thousands, because Brexit is going to be really sh*te with no agreement on finance.
Leave a comment:
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Originally posted by original PM View PostMM but last week rising inflation was caused by brexit...
seems to me that whatever happens it is bad and alll brexit's fault...
https://www.ft.com/content/0c3427b2-...8-8055f264aa8b
Plummeting investment in the car industry means no jobs tomorrow. This is the thing about investment is that it takes a year before you start see any effects.
Banks are beginning to relocate, currently hundreds of jobs but in phase 2 it will be thousands, because Brexit is going to be really sh*te with no agreement on finance.
Leave a comment:
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Originally posted by milanbenes View Postbasically if inflation is falling
then people ain't spending
hmmm, in a consumption based economy, that ain't good
Milan.
seems to me that whatever happens it is bad and alll brexit's fault...
Leave a comment:
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basically if inflation is falling
then people ain't spending
hmmm, in a consumption based economy, that ain't good
Milan.
Leave a comment:
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Inflation falls unexpectedly to 2.6%
Taken from The Financial Reporter
CPI inflation fell from 2.9% in May to 2.6% in June, according to the latest ONS statistics, which industry experts believe will relieve pressure on the Bank of England to raise interest rates.
CPIH, which the ONS are now using as their headline measure and which includes owner occupiers’ housing costs, shows a 12-month inflation rate of 2.6% in June, down from 2.7% in May.
This is the first fall in the CPIH inflation rate since April 2016.
Falling prices for motor fuels and recreational goods and services were the main contributors to the fall in the rate.Ben Brettell, Senior Economist at Hargreaves Lansdown, commented: "UK inflation fell unexpectedly in June to 2.6%, easing the pressure on squeezed household budgets and substantially reducing the likelihood of an August interest rate rise."
The news sent the pound sharply lower as currency traders adjusted their outlook for interest rates. The Bank of England’s rhetoric has taken an increasingly hawkish tone in recent weeks, with Mark Carney himself saying at the end of last month that “some removal of monetary stimulus is likely to become necessary”. Chief economist Andy Haldane also indicated he might support a rate rise this year. However if today’s pullback in inflation marks the start of a sustained decline, the pressure on the Bank to raise rates will ease."
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