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The good news keeps on coming

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By *ara J OP   TV/TS  over a year ago

Bristol East

Britain's economy reduced in size by 0.2 per cent in second quarter - the worst performance since 2012.

Another quarter like that and officially the country is in recession.

"There are no downsides to Brexit, only considerable upsides"

- David Davies

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By *mmabluTV/TS  over a year ago

upton wirral

I new someone would post this lol,big deal,so tell me if it happened on 2012 must have been another reason as it was not Brexit.These things happen for many reasons.

Yes this is probably caused by Brexit and will happen next quarter as well,but these things happen anyway,brexit is not the only cause.

We had a bit of flooding here last night must be Brexit,we can all be sarcastic

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By *heBirminghamWeekendMan  over a year ago

here

Global slow down exacerbated by our exit from EU.

We are not alone in producing figures such as these.

Germany narrowly skirted a technical recession at the end of 2018.

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By (user no longer on site)  over a year ago

in the same ways some leavers are quick to point at Germany growth as a sign of eu failure, there will be remainers who see this as being brexit.

It's a bit of both.

Manufacturing was down partly because of general trends, partly because tools were downed in April. (and q1 was up because of stockpiling)

My sense is q3 will be darn close to zero.

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By *illwill69uMan  over a year ago

moston

The Donald's multiple trade wars are probably the root cause. But our imminent exit from the worlds largest trading block is definitely making us more vulnerable to world economic influences.

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By *heBirminghamWeekendMan  over a year ago

here

Andrew Neill has suggested ;

Reasons to be cheerful for Q3 growth:

Stockpiling for end-Oct brexit

On top of Xmas build up

Consumer spending strong

Summer shutdowns happened in April

Weaker £

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By *ara J OP   TV/TS  over a year ago

Bristol East


"Global slow down exacerbated by our exit from EU.

We are not alone in producing figures such as these.

Germany narrowly skirted a technical recession at the end of 2018.

"

Eurozone grew by 0.2 per cent in the same quarter.

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By *heBirminghamWeekendMan  over a year ago

here


"Global slow down exacerbated by our exit from EU.

We are not alone in producing figures such as these.

Germany narrowly skirted a technical recession at the end of 2018.

Eurozone grew by 0.2 per cent in the same quarter."

So the global slowdown isn’t really happening ?

Germany didn’t narrowly avoid recession in 2018?

France, Spain, Belgium, Austria didn’t show growth slowing?

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By (user no longer on site)  over a year ago


"Andrew Neill has suggested ;

Reasons to be cheerful for Q3 growth:

Stockpiling for end-Oct brexit

On top of Xmas build up

Consumer spending strong

Summer shutdowns happened in April

Weaker £

"

Black hat side is stock piling will be lower than March. And consumer spending was just flagged as being a bit slow.

Weak sterling hasn't helped q2. Unless there's a big fall expected.

And if this does all play out, be ready for weak q4 and q1...

Feels to be we are around zero with brexit causing short term variances up and down.

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By *ara J OP   TV/TS  over a year ago

Bristol East

There are global factors - Trump's economic warfare with China, for example - and there are specific factors like Brexit.

The UK appears to be taking a double-hit.

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By *heBirminghamWeekendMan  over a year ago

here


"Andrew Neill has suggested ;

Reasons to be cheerful for Q3 growth:

Stockpiling for end-Oct brexit

On top of Xmas build up

Consumer spending strong

Summer shutdowns happened in April

Weaker £

Black hat side is stock piling will be lower than March. And consumer spending was just flagged as being a bit slow.

Weak sterling hasn't helped q2. Unless there's a big fall expected.

And if this does all play out, be ready for weak q4 and q1...

Feels to be we are around zero with brexit causing short term variances up and down.

"

Apologies in advance for using the favoured phrase of the moment ...

Time will tell

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By *ostafunMan  over a year ago

near ipswich


" in the same ways some leavers are quick to point at Germany growth as a sign of eu failure, there will be remainers who see this as being brexit.

It's a bit of both.

Manufacturing was down partly because of general trends, partly because tools were downed in April. (and q1 was up because of stockpiling)

My sense is q3 will be darn close to zero.

"

If you can re read my post on it i deliberately put nothing to do with brexit and never mentioned its a failure of the eu.This is what you get on here all the time twisting peoples words to suit their narrative.The post said germany might be more willing to talk with the uk with the latest figures nothing more nothing less so please go back and re read it.

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By (user no longer on site)  over a year ago


" in the same ways some leavers are quick to point at Germany growth as a sign of eu failure, there will be remainers who see this as being brexit.

It's a bit of both.

Manufacturing was down partly because of general trends, partly because tools were downed in April. (and q1 was up because of stockpiling)

My sense is q3 will be darn close to zero.

If you can re read my post on it i deliberately put nothing to do with brexit and never mentioned its a failure of the eu.This is what you get on here all the time twisting peoples words to suit their narrative.The post said germany might be more willing to talk with the uk with the latest figures nothing more nothing less so please go back and re read it. "

Yours is not the only post talking about Germany. Someone talked about Germany Italy and France being in recession recently. There's been a number of threads on comparing UK versus euro zone (I remember these as they choose euro zone not eu). Apologies if it came across as Targetting you. It was just a general observation.

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By *ostafunMan  over a year ago

near ipswich


" in the same ways some leavers are quick to point at Germany growth as a sign of eu failure, there will be remainers who see this as being brexit.

It's a bit of both.

Manufacturing was down partly because of general trends, partly because tools were downed in April. (and q1 was up because of stockpiling)

My sense is q3 will be darn close to zero.

If you can re read my post on it i deliberately put nothing to do with brexit and never mentioned its a failure of the eu.This is what you get on here all the time twisting peoples words to suit their narrative.The post said germany might be more willing to talk with the uk with the latest figures nothing more nothing less so please go back and re read it.

Yours is not the only post talking about Germany. Someone talked about Germany Italy and France being in recession recently. There's been a number of threads on comparing UK versus euro zone (I remember these as they choose euro zone not eu). Apologies if it came across as Targetting you. It was just a general observation. "

No problem thanks for the clarification.

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By *ara J OP   TV/TS  over a year ago

Bristol East

Apparently, the Q3 figure is published after October 31.

So if the UK is in recession, we won't find out until shortly after the Brexit happens, assuming it does.

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By *oghunter33Woman  over a year ago

on the hill NordWest of

Funny on other threads brexiteers argue against the EU with the economic slow down happening in Germany and other EU countries, but once it hits the UK there are suddenly multiple global factors impacting on a nation's ecomomy.

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