[Politics] Brexit

[studio150]

BREXIT BOOM CONTINUES: Mortgage lending UP, retail sales SURGE and borrowing DOWN
GOOD news continues to roll in Brexit Britain with public finances and mortgage lending hitting their best levels since before the financial crash of 2008.
Retail sales also received a boost in the second quarter of this year, which covers June’s historic vote to leave the European Union.

Figures showed public finances had the best June in nine years, as state borrowing came in at a lower than expected £7.8billion last month - a fall of £2.2billion from June last year - official figures revealed today.

Central government receipts were also up 4.2 per cent year-on-year, data from the Office for National Statistics revealed.

At the same time, mortgage lending last month was the best June performance since 2008, indicating the housing market remained in good health in the run-up to the referendum, figures from the Council of Mortgage Lending (CML) showed.
Home loans jumped 16.2 per cent between May and June and 3.2 per cent year-on-year.

Retail sales also grew by 1.6 per cent between April and June, which is expected to boost Britain's economic growth for the quarter, figures today showed.

Howard Archer at IHS Economics, said: "Retail sales volumes still rose 1.6 per cent quarter-on-quarter in the second quarter, indicating that consumer spending made a healthy contribution to GDP growth in the second quarter.

"This fuels belief that GDP growth likely picked up to at least 0.5 per cent quarter-on-quarter in the second quarter, from 0.4 per cent in the first quarter, despite heightened uncertainties stemming from the referendum on EU membership that ended in a vote for Brexit."
http://www.express.co.uk/finance/ci...nding-UP-retail-sales-SURGE-UK-borrowing-DOWN

What was the point of posting this ir has zero relevence to the referendum given that the figures effectively cover periods up to the vote and only a weeks worth of post vote figures. Come back in 3 months when the figures WILL cover the post vote period.
Yet more leavers positive posting which is just tosh.

 

[Soulman]

What was the point of posting this ir has zero relevence to the referendum given that the figures effectively cover periods up to the vote and only a weeks worth of post vote figures. Come back in 3 months when the figures WILL cover the post vote period.
Yet more leavers positive posting which is just tosh.

Hey hey, how many times have you bitter Remainers come on here posting links of doom and gloom, when us Leave supporters have stated give it time....well you could not wait and neither could i.

 

[GoldWithFalmer]

What was the point of posting this ir has zero relevence to the referendum given that the figures effectively cover periods up to the vote and only a weeks worth of post vote figures. Come back in 3 months when the figures WILL cover the post vote period.
Yet more leavers positive posting which is just tosh.

It does,however,give us an indication in the "run-up" to the referendum,so it still is a worthwhile indicator...

 

[Triggaaar]

What was the point of posting this ir has zero relevence to the referendum given that the figures effectively cover periods up to the vote and only a weeks worth of post vote figures. Come back in 3 months when the figures WILL cover the post vote period.

Agreed.

Yet more leavers positive posting which is just tosh.

Yet more? Are there many people stating that it's all rosy based on old figures?

 

[Soulman]

It does,however,give us an indication in the "run-up" to the referendum,so it still is a worthwhile indicator...

That is not what he wanted to hear, it's tosh i tell you, tosh and must be swept under the carpet immediately, coming on here with a bit of cheery Brexit news.

 

[Theatre of Trees]

BREXIT BOOM CONTINUES: Mortgage lending UP, retail sales SURGE and borrowing DOWN
GOOD news continues to roll in Brexit Britain with public finances and mortgage lending hitting their best levels since before the financial crash of 2008.
Retail sales also received a boost in the second quarter of this year, which covers June’s historic vote to leave the European Union.

Figures showed public finances had the best June in nine years, as state borrowing came in at a lower than expected £7.8billion last month - a fall of £2.2billion from June last year - official figures revealed today.

Central government receipts were also up 4.2 per cent year-on-year, data from the Office for National Statistics revealed.

At the same time, mortgage lending last month was the best June performance since 2008, indicating the housing market remained in good health in the run-up to the referendum, figures from the Council of Mortgage Lending (CML) showed.
Home loans jumped 16.2 per cent between May and June and 3.2 per cent year-on-year.

Retail sales also grew by 1.6 per cent between April and June, which is expected to boost Britain's economic growth for the quarter, figures today showed.

Howard Archer at IHS Economics, said: "Retail sales volumes still rose 1.6 per cent quarter-on-quarter in the second quarter, indicating that consumer spending made a healthy contribution to GDP growth in the second quarter.

"This fuels belief that GDP growth likely picked up to at least 0.5 per cent quarter-on-quarter in the second quarter, from 0.4 per cent in the first quarter, despite heightened uncertainties stemming from the referendum on EU membership that ended in a vote for Brexit."
http://www.express.co.uk/finance/ci...nding-UP-retail-sales-SURGE-UK-borrowing-DOWN

That's a nice bit of spin by the Express, the period covers April to June thus 11 weeks before the referendum result and just the single week post 23 June. It's the next quarter's results which are the ones to take interest in as they will cover the months July through to the end of September, the first whole quarter post Brexit.

 

[GoldWithFalmer]

That is not what he wanted to hear, it's tosh i tell you, tosh and must be swept under the carpet immediately, coming on here with a bit of cheery Brexit news.

Well,i will accept it,after all if there were any signs of so called nervous flutters in the market,then perhaps they would have shown up,nope let the remain carry on sweeping...

 

[Lincoln Imp]

simple reply ,whats your post code got to do with it more along the context of your posts
regards
DR

I haven't the faintest clue what you're talking about. Have you?

 

[Lincoln Imp]

It does,however,give us an indication in the "run-up" to the referendum,so it still is a worthwhile indicator...

It shows how sentiments were developing during a period when, as Brexiters so often tell us, the polls were pointing to a Remain victory.

 

[Hampster Gull]

That's a nice bit of spin by the Express, the period covers April to June thus 11 weeks before the referendum result and just the single week post 23 June. It's the next quarter's results which are the ones to take interest in as they will cover the months July through to the end of September, the first whole quarter post Brexit.

Facts never stopped a good brexit story

 

[GoldWithFalmer]

It shows how sentiments were developing during a period when, as Brexiters so often tell us, the polls were pointing to a Remain victory.

So logically speaking,it was business as usual.....so perhaps nothing to see.

 

[Theatre of Trees]

So logically speaking,it was business as usual.....so perhaps nothing to see.

Nothing to see if you're looking for indications post Brexit as the figures are mostly concerned with the 11 weeks before the referendum. This is Daily Express spin which provides no real back up for either the Leave or Remain argument at the moment.

 

[GoldWithFalmer]

Nothing to see if you're looking for indications post Brexit as the figures are mostly concerned with the 11 weeks before the referendum. This is Daily Express spin which provides no real back up for either the Leave or Remain argument at the moment.

One could conclude (from this evidence- http://www.telegraph.co.uk/business...0-but-pound-flounders-below-131-as-investors/ )that it might not even be worth looking at the 3 months after Brexit,and be better waiting until Article 50 gets triggered for a better indication.

 

[yxee]

One could conclude (from this evidence- http://www.telegraph.co.uk/business...0-but-pound-flounders-below-131-as-investors/ )that it might not even be worth looking at the 3 months after Brexit,and be better waiting until Article 50 gets triggered for a better indication.

Or maybe until we actually leave the EU, since anything before that is basically down to humans freaking out about the future.

 

[Theatre of Trees]

One could conclude (from this evidence- http://www.telegraph.co.uk/business...0-but-pound-flounders-below-131-as-investors/ )that it might not even be worth looking at the 3 months after Brexit,and be better waiting until Article 50 gets triggered for a better indication.

Possibly not now the post-Cameron government has swiftly been sorted and stabilised as a prolonged leadership campaign would have produced more uncertainty. May has also gone on record as saying Brexit won't be triggered in 2016 which will also calm things down. However, there is an unelement of uncertainty now and a poor set of figures during the next quarter may give the government a few headaches.

 

[studio150]

That is not what he wanted to hear, it's tosh i tell you, tosh and must be swept under the carpet immediately, coming on here with a bit of cheery Brexit news.

How is it Brexit news when it is for the period before the vote. You could say that the figures show how well the UK is performing within the EU. But that's not what leavers whst to hear or say and they are thetefore prepared to believe anything with a positive spin is all down to the out vote.
No doubt all leavers believe the emperor is wearing new clothes as its a good news story.

 

[Baldseagull]

Or maybe until we actually leave the EU, since anything before that is basically down to humans freaking out about the future.

Article 50 going in will be the point at which the E.U. will begin to move their agencies that are here to elsewhere, I think that would be a couple of thousand jobs. I believe it will also be the trigger for some businesses to enact the plans they are currently forming to locate more resources inside the E.U. It won't be because they are freaking out, it will be because if they don't, they will lose ground.
There is not just the business with the E.U., it is the business with the 50 odd other nations outside the EU that they have a trade agreement with, and the 80 odd nations in the pipeline, including the US, which British businesses will not have access to, and I can't see how the EU can give us access to those markets if we are outside the EU, however well negotiations go.

 

[The Clamp]

When Brexit does take full effect in a couple of years and Brexiteers realise what they have actually voted for. When funding for deprived areas dries up, when people's ease of travel is severely restricted, whThe only international trade we can secure is through toxic deals with toxic countries and only then through hugely reduced workers rights and handcuff deals, when agencies , banks and industry start to leave what's left of the UK, when energy and utility prices soar with little or no regulation, when we are paying more for petrol than virtually anywhere in the world, when the pound is worth even less than it is now, when people with talents and skills we need don't come here anymore, not even because they can't but because they simply don't want to work in a country that rejects unity, when you realise you are a bout 50 years too late to get rid of brown people, when you realise no more affordable homes will be built, when you realise Polish people didn't cause the financial crisis or mass unemployment, when you realise Islamic extremists didn't leave when we strengthened our borders, when the Tory's are free to dismantle the NHS and you can't appeal to the European court of human rights for your daughter's cancer treatment. Then you may just realise what you have voted for. Don't worry you e got a couple of years to find someone else to blame.

 

[JC Footy Genius]

When Brexit does take full effect in a couple of years and Brexiteers realise what they have actually voted for. When funding for deprived areas dries up, when people's ease of travel is severely restricted, whThe only international trade we can secure is through toxic deals with toxic countries and only then through hugely reduced workers rights and handcuff deals, when agencies , banks and industry start to leave what's left of the UK, when energy and utility prices soar with little or no regulation, when we are paying more for petrol than virtually anywhere in the world, when the pound is worth even less than it is now, when people with talents and skills we need don't come here anymore, not even because they can't but because they simply don't want to work in a country that rejects unity, when you realise you are a out 50 years too late to get rid of Brown people, when you realise no more affordable homes will be built, when you realise Polish people didn't cause the financial crisis or mass unemployment, when you realise Islamic extremists didn't leave when we strengthened our borders, when the Tory's are free to dismantle the NHS and you can't appeal to the European court of human rights for your daughter's cancer treatment. Then you may just realise what you have voted for. Don't worry you e got a couple of years to find someone else to blame.

We're here to help

http://www.healthline.com/health/depression/major-depression-with-psychotic-features#Overview1

http://www.samaritans.org/

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[The Clamp]

We're here to help

http://www.healthline.com/health/depression/major-depression-with-psychotic-features#Overview1

http://www.samaritans.org/

http://bedwettingstore.com/briefs/adult-briefs.html

Well, like we are trying to tell you, it'll take a while for it to sink in.










But it will.