Economy watch

Did I just see the Daily Express described as a newspaper?

The banks have jumped on the "Use your phone app, not the High Street branches" model. Loyds up in the markets and profit yet shedding thousands of jobs. The shareholders will be rubbing their hands with the expectation of bumper dividends after saving loadsadosh on rent and rates and maintenance. Good job we are going to be paying EDF £90+ per KW Hour once Hinckley Point comes online. Latest cost will be £10pa per household. Those French too are going to be rich. Oh, well, candles are still cheap.

bwfc1874 wrote:

whatsgoingon wrote:

bwfc1874 wrote:Let's face it, the economic reaction hasn't been good so far - that's just a fact.

But we knew this would be the case, the question is how long will it last? It's uncertainty that's causing this, so will it continue until we finalise an agreement - which could be 2 years away? I don't think anybody knows.

This is what pisses people off, no one does know but many seem to think they do and pass that opinion on as fact.

In fairness WGO, you've blown your lid a few times at others voicing their opinions. I think your main issue is not liking views that oppose your own.

Nobody does & it isn't opinions that bother me I'll accept anybody's opinion, it's when they're passed off as more than opinion.
But you're right I have reacted more than I should have on occassion

What gets my goat is this argument that "nobody knows what will happen to the economy" when whilst that's technically correct as regards the specific details, we do have a bloody good idea of what the headline story will be.  The London Stock Exchange was founded in 1692 and the American SE in 1712 so we have 300 years of data and experience to work with and we've seen hundreds of challenges to confidence like the current one before. It's a smoke screen IMO.

Dear God man get a grip!

wanderlust wrote:What gets my goat is this argument that "nobody knows what will happen to the economy" when whilst that's technically correct as regards the specific details, we do have a bloody good idea of what the headline story will be.  The London Stock Exchange was founded in 1692 and the American SE in 1712 so we have 300 years of data and experience to work with and we've seen hundreds of challenges to confidence like the current one before. It's a smoke screen IMO.

Most have predicted uncertainty will cause a downturn, that's clearly happening. What's not clear is how long the uncertainty - and in turn the downturn - will last. No amount of data will accurately predict that as its about politics and negotiations not market trends.

Anybody else buying or selling a house ATM? Obviously the housing market is traditionally volatile but  usually the estate agents make a killing whichever way it goes, but not at the moment.
Foxton's who are big around London and the South East have just returned a 42% fall in profits and are reconsidering plans to open another 100 branches in and around London (shelved not scrapped) From where I am the housing market seems dead apart from properties under £250k. Are the boards staying up in your area or is there any movement?

boltonbonce wrote:Did I just see the Daily Express described as a newspaper?

A recent Express fact check.

http://blogs.channel4.com/factcheck/factcheck-express-bananas-eu/23034

EU threatens future of British jam.

bwfc1874 wrote:

boltonbonce wrote:Did I just see the Daily Express described as a newspaper?

A recent Express fact check.

http://blogs.channel4.com/factcheck/factcheck-express-bananas-eu/23034

Surely you realise that facts are like kryptonite to Brexit fans.

boltonbonce wrote:EU threatens future of British jam.

That was one of the key policies. If you looked closely at the side of the bus it said £350 million for the NHS and we preserve our jam heritage.

As opposed to jamming our preserve heritage.

Don't understand but I'm very drunk

Jams are preserves.

It was a very weak word gag.

Sorry.

I too am imbibing.

Golly!

boltonbonce wrote:Golly!

Gosh!

(Whispers: You can't say that anymore!)

If I weren't half cut
id do a brucet golly but my face keeps falling into the keyboard

Me too - Tesco Whisky & Coke's to blame.

Still in holiday mode.

Been back at work for a week and decided that I'm still not ready for being serious and stuff yet.

I fecking hate working for a living......