Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

UK economy shows unexpected strength in July, dampening recession fears

Featured Replies

  • Popular Post
1 minute ago, Chomper Higgot said:

To put this in perspective, the UK still has access to tariff free trade with the EU and access through the EU to international trade deals.

 

I hear there is a plan to ditch all that.

Wow, and double wow, we have an insider.....????

  • Replies 40
  • Views 2.2k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • Mark Carney has talk the pound down several times, He should ahve been on is bike long ago, He was the one who predicted a plague of locus after Brexit, He is part of the project fear group.

  • Nothing wrong about the UK economy, it's the uncertainty that the markets hate. Whichever way the path pans-out regarding remain or leave for the UK (and the EU for that matter) then the currency will

  • Project Fear and the BOE got it wrong again.

Posted Images

18 hours ago, Loiner said:


Project Fear and the BOE got it wrong again.

Got what wrong exactly ?

9 hours ago, JonnyF said:

Project Fear proven to be a load of lies, yet again.

Enlighten us as to exactly what ' Project Fear ' is and how it can possibly have happened before Brexit has occured !

22 minutes ago, joecoolfrog said:

Enlighten us as to exactly what ' Project Fear ' is and how it can possibly have happened before Brexit has occured !

This might be of  interest........or not.........

 

https://www.politico.eu/article/mark-carney-eats-humble-pie-on-brexit/

 

On 9/9/2019 at 12:28 PM, worgeordie said:

Has the pound moved yet......I mean up !......no ,I thought not.

regards worgeordie

GBP is rushing again to the level it was before Brexit: € 1,40. Then up to where it was, when the British also were invited to join Euro: €1,70

But for now… € 1,12...

15 hours ago, stevenl said:

So what is all the ruckus about in parliament?

The ECONOMIC Brexit. Once abroad, they will NOT so easly return to the home country. Unfortunately Brexiteers ONLY read SOME ( English) newspapers.

 

See  https://www.rtlnieuws.nl/nieuws/buitenland/artikel/4841871/britten-steken-door-brexit-meer-geld-nederland , translated with www.deepl.com

In 2016, British multinationals still put 14 billion euros into Dutch companies. Two years later, the figure had risen to 80 billion euros, according to Statistics Netherlands (CBS).
In 2016, the more than 1,300 British subsidiaries of multinationals active in the Netherlands already created 114,000 jobs. After the United States, Germany and France, they were the most important foreign employer in the Netherlands.

The Netherlands withdraws
Dutch companies, on the other hand, started to invest less in the United Kingdom in the same period. In 2016, Dutch companies were still investing 50 billion euros in the United Kingdom, but by 2017 that figure had already fallen to less than half.
Last year, there was even a divestment of 11 billion euros.

Translated with www.DeepL.com/Translator

or

https://www.dutchnews.nl/news/2019/09/british-investments-in-the-netherlands-soar-as...

1 dag geleden · British companies have upped their investments in the Netherlands more than five-fold since the Brexit referendum in 2018, according to new calculations by ...

 

9-9-2019 · British investments in the Netherlands soared more than four-fold to 80 billion euros (71.92 billion pounds) since the referendum to leave the European ...

 

5-9-2019 · LONDON — British manufacturing is locked in a nosedive as orders and investment dry up due to the global slowdown and the Brexit crisis, a survey from ...

British industry is certainly not factoring in a no-deal Brexit.

Sent from my SM-N935F using Thailand Forum - Thaivisa mobile app

14 hours ago, dabhand said:

This might be of  interest........or not.........

 

https://www.politico.eu/article/mark-carney-eats-humble-pie-on-brexit/

 

2 year old story !

So when Carney says something you agree with its newsworthy , everything negative since ?

17 hours ago, joecoolfrog said:

Enlighten us as to exactly what ' Project Fear ' is and how it can possibly have happened before Brexit has occured !

It's a project. Like the EU, which also happened before Brexit occurred.

On 9/9/2019 at 8:50 PM, fishtank said:

Nope. Bungling Boris has killed sterling as well as the Conservative party.

Not to worry, the Labour Party have already had their funeral....

 

Quote

Wednesday’s data showed the services sector, which accounts for almost 80% of British economic output, expanded 0.3% in July after four months of stagnation, the biggest upturn since November 2018.

 


Manufacturing output increased unexpectedly last month, rising 0.3% in monthly terms, while the construction industry also fared better than expected, posting a 0.5% rise in output.

 

 


 

Isn't it possible that this „unexpected strength“ is an anxious reaction because of the upcoming Brexit?  People, companies are afraid of the negative Brexit results and buy or order in advance.

 

„Unexpected“???. Not for me, because you cannot exactly overlook the Brexit results in November at now,  you are not able to guess those dates/facts.

 

Therefore buying and ordering now (before November). After reading the November results, I will know if my assumption was right or not.

 

Edited by puck2

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.