Should the UK remain a member of the EU

[skend04]

The economy is fucked if people stop spending on the never never.

[Moctezuma]

The economy is fucked if people stop spending on the never never.

 

Though to be fair to the Leavers it was ever thus.

[Bobby Hundreds]

60 percent of gdp is from retail spending apparently. Fuck people's wages you destroy gdp which seems to be the one thing MPS are overly obsessive about to every fraction of a percent.

[njackets]

Could only imagine the mass slitting of wrists and hysteria in here if those figures were negative.

[AngryOfTuebrook]

Could only imagine the mass slitting of wrists and hysteria in here if those figures were negative.

Yes, dear, you just keep imagining your imaginings.

[moof]

UK economy grows by 0.6% in fourth quarter

 

Strong consumer spending helped the UK's economy to grow faster than expected at the end of last year.

 

The economy grew by 0.6% in the October-to-December period, the same rate as in the previous two quarters, according to an initial estimate from the Office for National Statistics.

The figure indicates that the feared economic slowdown following the Brexit vote has not materialised.

For 2016 as whole, the economy grew by 2%, down from 2.2% in 2015.

"Strong consumer spending supported the expansion of the dominant services sector," said ONS statistician Darren Morgan.

"Although manufacturing bounced back from a weaker third quarter - both it and construction remained broadly unchanged over the year as a whole."

The quarterly growth figure was slightly better than the 0.5% rate most economists had expected.

 

The dominant services sector - which accounts for about three-quarters of the UK economy - grew by by 0.8% in the quarter, helped by growth in the distribution, hotels and restaurant industry.

Retail sales and travel agencies also supported growth in this sector, the ONS said.

The figures also showed that the construction industry grew by 0.1% and agriculture by 0.4%, while industrial production was unchanged.

 

http://www.bbc.co.uk/news/business-38755242

 

Woooo!! Have you got the bunting out?

[Strontium]

If you measure it in dollars or euros, the economy has tanked.

[Nelly-Szoboszlai]

UK economy grows by 0.6% in fourth quarter

 

Strong consumer spending helped the UK's economy to grow faster than expected at the end of last year.

 

The economy grew by 0.6% in the October-to-December period, the same rate as in the previous two quarters, according to an initial estimate from the Office for National Statistics.

The figure indicates that the feared economic slowdown following the Brexit vote has not materialised.

For 2016 as whole, the economy grew by 2%, down from 2.2% in 2015.

"Strong consumer spending supported the expansion of the dominant services sector," said ONS statistician Darren Morgan.

"Although manufacturing bounced back from a weaker third quarter - both it and construction remained broadly unchanged over the year as a whole."

The quarterly growth figure was slightly better than the 0.5% rate most economists had expected.

 

The dominant services sector - which accounts for about three-quarters of the UK economy - grew by by 0.8% in the quarter, helped by growth in the distribution, hotels and restaurant industry.

Retail sales and travel agencies also supported growth in this sector, the ONS said.

The figures also showed that the construction industry grew by 0.1% and agriculture by 0.4%, while industrial production was unchanged.

 

http://www.bbc.co.uk/news/business-38755242

BREAKING NEWS: people spend and shop more in the build up to and over the Christmas period.

[njackets]

BREAKING NEWS: people spend and shop more in the build up to and over the Christmas period.

Here's some more BREAKING NEWS: UK remains fastest growing economy in western world after expanding 0.6pc in final quarter of 2016

 

http://www.telegraph.co.uk/business/2017/01/26/uk-remains-fastest-growing-economy-western-world-growing-06pc/

 

'While Britain is the first G7 nation to report fourth-quarter growth figures, International Monetary Fund estimates suggest that growth in Germany and the US, which are expected to have expanded by 1.7pc and 1.6pc respectively last year, will not outpace the UK.'

 

Did Germany and the US cancel Christmas last year??

[Fugitive]

Here's some more BREAKING NEWS: UK remains fastest growing economy in western world after expanding 0.6pc in final quarter of 2016

 

http://www.telegraph.co.uk/business/2017/01/26/uk-remains-fastest-growing-economy-western-world-growing-06pc/

 

'While Britain is the first G7 nation to report fourth-quarter growth figures, International Monetary Fund estimates suggest that growth in Germany and the US, which are expected to have expanded by 1.7pc and 1.6pc respectively last year, will not outpace the UK.'

 

Did Germany and the US cancel Christmas last year??

I really hope you become homeless.

[magicrat]

UK economy grows by 0.6% in fourth quarter

 

Strong consumer spending helped the UK's economy to grow faster than expected at the end of last year.

 

The economy grew by 0.6% in the October-to-December period, the same rate as in the previous two quarters, according to an initial estimate from the Office for National Statistics.

The figure indicates that the feared economic slowdown following the Brexit vote has not materialised.

For 2016 as whole, the economy grew by 2%, down from 2.2% in 2015.

"Strong consumer spending supported the expansion of the dominant services sector," said ONS statistician Darren Morgan.

"Although manufacturing bounced back from a weaker third quarter - both it and construction remained broadly unchanged over the year as a whole."

The quarterly growth figure was slightly better than the 0.5% rate most economists had expected.

 

The dominant services sector - which accounts for about three-quarters of the UK economy - grew by by 0.8% in the quarter, helped by growth in the distribution, hotels and restaurant industry.

Retail sales and travel agencies also supported growth in this sector, the ONS said.

The figures also showed that the construction industry grew by 0.1% and agriculture by 0.4%, while industrial production was unchanged.

 

http://www.bbc.co.uk/news/business-38755242

 

 

Why am I not surprised to find you posted this, 

Consumer spending up because enough dick-heads believed the government propaganda and got deeper into debt.

[njackets]

I really hope you become homeless.

=Dirty redshite

 

Coming in here and being positive.

 

Remainers are like bitter Evertonians.

[cloggypop]

Leavers are like the Evertonians that buy the half season tickets because of all the boss players they have been promised.

[Fugitive]

=Dirty redshite

 

Coming in here and being positive.

 

Remainers are like bitter Evertonians.

Leavers are like Evertonians... racists

[mattyq]

Leavers are like Evertonians.... embarrassing and bad nonces

[joeyk]

Leavers are like Evertonians... racists

 

Negged. Rules is rules.

[AngryOfTuebrook]

Here's some more BREAKING NEWS: UK remains fastest growing economy in western world after expanding 0.6pc in final quarter of 2016

 

http://www.telegraph.co.uk/business/2017/01/26/uk-remains-fastest-growing-economy-western-world-growing-06pc/

 

'While Britain is the first G7 nation to report fourth-quarter growth figures, International Monetary Fund estimates suggest that growth in Germany and the US, which are expected to have expanded by 1.7pc and 1.6pc respectively last year, will not outpace the UK.'

 

Did Germany and the US cancel Christmas last year??

Here's a bit of insight into that 0.6% growth.

http://www.whatinvestment.co.uk/revealed-latest-uk-gdp-growth-means-economy-2553240/

 

Kathleen Brooks, head of research at City Index remarked that, ‘The key driver of growth was the service sector, which expanded by a healthy 0.8 per cent, while agriculture, production and manufacturing decreased by 0.7 per cent, 0.4 per cent and 1 per cent, respectively, adding nothing to this morning’s figure.’

 

She continued, ‘Sullying these figures are some uncomfortable truths about the state of UK growth, which is looking dangerously unbalanced propped up entirely by services. The large one-off decline in sterling that we saw last year has not helped to boost our trade position, or boost manufacturing production, which fell a hefty 1 per cent at the end of last year. This is a big problem for the UK economy going forward, as the outlook for the consumer is set to darken later this year as rising inflation and Brexit uncertainty start to become a concern for the consumer.’  

 

... It is particularly notable that the fall in the pound has not led to a marked increase in UK exports.  

 

...Around 68 per cent of UK GDP is the result of domestic consumption. Rising UK inflation would typically be expected to dent consumer spending, because the costs of goods and services have risen.

 

If UK exports are concordantly not rising as sterling falls, then the implication is that GDP growth will be slower in the year ahead.

 

The challenge for Bank of England governor Mark Carney is whether to put interest rates up to rein back inflation, or cut rates to boost the economy.

Rates going up would likely see sterling rise in value, and peg back the rate of inflation, but as it increases the cost of debt, it would slow down the level of economic activity.

Cutting rates would mean that borrowing costs fall, and that might lead to more economic activity, but would push inflation upwards, and dent consumer confidence.

Brooks takes the view that, ‘If the consumer is to maintain its powerful position as a key driver of UK growth then household borrowing is likely to go up this year, which could hasten action from the BOE to lift interest rates, as borrowing levels are a key concern for the BOE Governor.

 

... Azad Zagana, senior European economist at Schroders commented, ‘with inflation rising sharply in the coming months due to higher energy prices, and also higher imported goods’ prices caused by the depreciation in sterling, households are likely to see their purchasing power decline.’

 

He continued, ‘Without stronger wage growth, households are likely to cut back spending, especially on non-essential goods and services {as they will have less real income with inflation rising} Therefore, we continue to forecast a slowdown in UK economic growth over the course of 2017. However, the latest figures place the economy on a stronger footing to be able to cope with the headwinds that are coming.’

 

.

[AngryOfTuebrook]

The economy is fucked if people stop spending on the never never.

This is a summary of what I just posted.

[Anubis]

£350m a week, remember.

 

http://www.independent.co.uk/news/uk/politics/theresa-may-donald-trump-nhs-us-trade-deal-brexit-torture-a7548156.html

 

Theresa May suggests UK health services could be part of US trade deal

 

Theresa May has left the door open for the greater involvement of US corporations in British healthcare as she arrives in America to lay the groundwork for a future trade deal.

 

Ms May would only say that she was committed to a health service that is free at the point of delivery, but made no comment on whether the NHS would be off the table in any future talks.

 

Trade and the UK’s economic relationship with the US will be one of the key pillars of the Prime Minister’s visit to Philadelphia and Washington DC.

 

Asked whether health services might form a part of a potential deal, she said: “We're at the start of the process of talking about a trade deal. We're both very clear that we want a trade deal.

 

“It will be in the interests of the UK from my point of view, that's what I'm going to be taking in, into the trade discussions that take place in due course.

 

“Obviously he will have the interests of the US. I believe we can come to an agreement that is in the interests of both.”

 

Asked again whether the NHS would be off the table she said: “As regards the NHS, we're very clear as a Government that we're committed to an NHS that is free at the point of use.”

 

The statement left open the possibility of the greater involvement of US firms in healthcare, as long as people do not have to pay for the services they provide at the moment they are received.

 

A Number 10 spokesman said later: “The NHS will never be part of a trade deal and will always remain free at the point of delivery.”

 

May refuses to rule out private US firms taking over NHS services

 

Liberal Democrat Leader Tim Farron said: “The public were told Brexit would mean another £350m a week for the NHS, not that our health service would be opened up to US firms.

 

“Theresa May must immediately clarify that the NHS will not be up for sale in any future negotiations with Trump. Hollowing out our health service in the name of a trade deal with the US would be an utter betrayal of most of those who voted to leave the EU.”

 

One of the key factors that led to opposition to the TTIP trade deal between the US and EU was fear over whether it would open up the NHS to vast multi-national corporations who might put the profits ahead of patient care.

 

Ms May faced repeated questions in the Commons on Wednesday, with Labour Leader Jeremy Corbyn urging her to rule out any deal that would give US giants a toehold in British healthcare.

 

The SNP also raised concerns that a deal could see UK supermarkets stocked with foods that do not meet current safety standards.

[magicrat]

Just what is needed, US involvement in UK healthcare . It all works so well over there

This country is completely fucked ,. 

[cloggypop]

Massive drops in EU nurses coming over here and taking vital jobs in the NHS

 

http://www.telegraph.co.uk/science/2017/01/25/number-eu-nurses-coming-uk-falls-90-per-cent-since-brexit-vote/

[njackets]

Massive drops in EU nurses coming over here and taking vital jobs in the NHS

 

http://www.telegraph.co.uk/science/2017/01/25/number-eu-nurses-coming-uk-falls-90-per-cent-since-brexit-vote/

So there own countries get to benefit from them and we'll have to train our own Nurses up.

[Moctezuma]

So there own countries get to benefit from them and we'll have to train our own Nurses up.

Oh well, we'll just have an even greater shortfall in the number of nurses in position over the next few years then. I'm sure that won't have any impact on the quality of patient care and retention of new staff when placed on understaffed wards.

[Anubis]

Good luck finding takers now they've jibbed the bursary.

[skend04]

Massive drops in EU nurses coming over here and taking vital jobs in the NHS

 

http://www.telegraph.co.uk/science/2017/01/25/number-eu-nurses-coming-uk-falls-90-per-cent-since-brexit-vote/

At this rate it'll become the National Health Self-Service.