Join for free
Page 1 of 9 1 2 3 > Last »
Zaphod's Avatar
Zaphod
Senior Member
Zaphod is offline
Lincs UK
Joined: Aug 2017
Posts: 3,990
Zaphod is male  Zaphod has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 03:08 PM
1

Britain Booms!

Britain’s economic resurgence has caught the whole world by surprise

The numbers all point to blistering growth as the hit from Brexit continues to diminish each month


"Philip Shaw from Investec has pencilled in blistering growth of 7.3pc this year, but says it could be over 8pc. “We’re trying not to sound outrageous but that is what the numbers are telling us,” he said. The firm has the eurozone pegged at 4.4pc.

Upgrades are pouring in. The Swiss bank UBS has raised its UK forecast from 3.8pc to 5.5pc. Bank of America and Barclays have both raised theirs to 5.9pc. A “very optimistic” Goldman Sachs is eyeing 7.1pc ..."


"Everybody has been too bearish on the UK,” said David Owen from Jefferies. “It is going to be a ‘coiled spring’ recovery and we even think the UK will outperform the US in 2022 with 7.6pc growth.”

Mr Owen says a powerful inventory cycle is about to kick in as firms restock. This will be turbocharged by £100bn of excess savings built up by companies over the pandemic."

"On the import side, the UK is buying less from the EU and relatively more from elsewhere. China’s shipments jumped 71pc (partly due to PPE). Imports fell 27pc from France, 18pc from Holland, 14pc from Germany, and 13pc from Italy. A pattern is emerging: the EU has chosen to make goods trade with the UK needlessly complicated and is now losing market share to global competitors."

"It will take a generation to reach a useful economic verdict on Brexit. What is clear already is that the incessant high-decibel negativism of the London opinion machine has been exposed as ill-informed and hysterical. The British economy is doing just fine. Time to change the stuck record, my friends."


There is more for those that have access to The Telegraph here:
https://www.telegraph.co.uk/business...orld-surprise/
Tedc's Avatar
Tedc
Senior Member
Tedc is offline
Berkshire, UK
Joined: Aug 2016
Posts: 4,872
Tedc is male  Tedc has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 04:06 PM
2

Re: Britain Booms!

Originally Posted by Zaphod ->
Britain’s economic resurgence has caught the whole world by surprise

The numbers all point to blistering growth as the hit from Brexit continues to diminish each month


"Philip Shaw from Investec has pencilled in blistering growth of 7.3pc this year, but says it could be over 8pc. “We’re trying not to sound outrageous but that is what the numbers are telling us,” he said. The firm has the eurozone pegged at 4.4pc.

Upgrades are pouring in. The Swiss bank UBS has raised its UK forecast from 3.8pc to 5.5pc. Bank of America and Barclays have both raised theirs to 5.9pc. A “very optimistic” Goldman Sachs is eyeing 7.1pc ..."


"Everybody has been too bearish on the UK,” said David Owen from Jefferies. “It is going to be a ‘coiled spring’ recovery and we even think the UK will outperform the US in 2022 with 7.6pc growth.”

Mr Owen says a powerful inventory cycle is about to kick in as firms restock. This will be turbocharged by £100bn of excess savings built up by companies over the pandemic."

"On the import side, the UK is buying less from the EU and relatively more from elsewhere. China’s shipments jumped 71pc (partly due to PPE). Imports fell 27pc from France, 18pc from Holland, 14pc from Germany, and 13pc from Italy. A pattern is emerging: the EU has chosen to make goods trade with the UK needlessly complicated and is now losing market share to global competitors."

"It will take a generation to reach a useful economic verdict on Brexit. What is clear already is that the incessant high-decibel negativism of the London opinion machine has been exposed as ill-informed and hysterical. The British economy is doing just fine. Time to change the stuck record, my friends."


There is more for those that have access to The Telegraph here:
https://www.telegraph.co.uk/business...orld-surprise/
Great stuff, Zaphod!

Begins to look as if the remainers might have been a bit wrong.

Solasch's Avatar
Solasch
Chatterbox
Solasch is offline
Netherlands
Joined: Sep 2018
Posts: 8,963
Solasch is male  Solasch has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 05:28 PM
3

Re: Britain Booms!

Originally Posted by Tedc ->
Great stuff, Zaphod!

Begins to look as if the remainers might have been a bit wrong.

According to Michael Gove, UK firms now have to fill out an additional 215,000,000 customs forms at a yearly cost of £7.5bn. (Almost the amount yearly contributed by the UK).

Its a quarter of a year since brexit, and the list of benefits for UK should be long by now. It must be somewhere, but I cant find it. Please help!
Bread's Avatar
Bread
Chatterbox
Bread is offline
Sudbury, United Kingdom
Joined: Dec 2018
Posts: 10,656
Bread is male  Bread has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 05:36 PM
4

Re: Britain Booms!

My friend called me today to tell me this is the busiest he has has ever been in his business that he'd been running for about 30 years.

I'm also flat out at work

Life is good !
realspeed
Chatterbox
realspeed is offline
South coast
Joined: Sep 2014
Posts: 12,931
realspeed is male  realspeed has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 05:41 PM
5

Re: Britain Booms!

About time we didn't rely on the EU and started looking world wide. Those figures in the first post may make other countries consider breaking away as well.

W are just putting back the GREAT into Great Britain and showing what independence is all about
Solasch's Avatar
Solasch
Chatterbox
Solasch is offline
Netherlands
Joined: Sep 2018
Posts: 8,963
Solasch is male  Solasch has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 06:01 PM
6

Re: Britain Booms!

Originally Posted by realspeed ->
About time we didn't rely on the EU and started looking world wide. Those figures in the first post may make other countries consider breaking away as well.

W are just putting back the GREAT into Great Britain and showing what independence is all about
Yes, you have lost that. Recently over here we talk of little england, little britain. Time you grow some balls.
Zaphod's Avatar
Zaphod
Senior Member
Zaphod is offline
Lincs UK
Joined: Aug 2017
Posts: 3,990
Zaphod is male  Zaphod has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 06:05 PM
7

Re: Britain Booms!

Originally Posted by Solasch ->
Yes, you have lost that. Recently over here we talk of little england, little britain. Time you grow some balls.
Time "over here" was more appreciative of what the UK offers and became less disparaging towards our country then, otherwise you'll lose even more of what's left that you sell us.
The balls were certainly evident in leaving the EU & it's no surprise with views like the ones expressed there.
Solasch's Avatar
Solasch
Chatterbox
Solasch is offline
Netherlands
Joined: Sep 2018
Posts: 8,963
Solasch is male  Solasch has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 07:24 PM
8

Re: Britain Booms!

Originally Posted by Bread ->
My friend called me today to tell me this is the busiest he has has ever been in his business that he'd been running for about 30 years.

I'm also flat out at work

Life is good !
Flat out of work? Does that mean you are furloughed?
Donkeyman
Chatterbox
Donkeyman is offline
Melton,United Kingdom
Joined: Jan 2019
Posts: 9,088
Donkeyman is male  Donkeyman has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 09:17 PM
9

Re: Britain Booms!

Originally Posted by Tedc ->
Great stuff, Zaphod!

Begins to look as if the remainers might have been a bit wrong.

Yes it is Ted!!
But l hope it's not all clerical work ??

Donkeyman! 🤔🤔
Solasch's Avatar
Solasch
Chatterbox
Solasch is offline
Netherlands
Joined: Sep 2018
Posts: 8,963
Solasch is male  Solasch has posted at least 25 times and has been a member for 3 months or more 
 
16-04-2021, 09:54 PM
10

Re: Britain Booms!

Originally Posted by Donkeyman ->
Yes it is Ted!!
But l hope it's not all clerical work ??

Donkeyman! 🤔🤔
The number of job vacancies in December 2020 to February 2021 was 26.8% lower than a year ago. This is an improvement on the position in summer 2020 when vacancies were down by nearly 60% year on year, but the rate of improvement has slowed in the past few months. Further restrictions and national lockdowns recently have had an impact on vacancies in some industries more than others, most notably the accommodation and food services industry.

Annual growth in average employee pay continued to strengthen, the growth is driven in part by compositional effects of a fall in the number and proportion of lower-paid employee jobs and by increased bonuses, which had been postponed earlier in the year.
https://www.ons.gov.uk/employmentand...rmarket/latest
 
Page 1 of 9 1 2 3 > Last »

Thread Tools


© Copyright 2009, Over50sForum   Contact Us | Over 50s Forum! | Archive | Privacy Statement | Terms of Use | Top

Powered by vBulletin Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.