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Black Friday - financial crash thread


ICTChris

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10 minutes ago, topcat(The most tip top) said:

 


But at least some of that Exodus will be composed of foreigners so Brexit is working already
 

Brexit was working before the vote for Brexit????  I would guess that most of the people leaving were foreign but not EU nationals.

Edited by strichener
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2 hours ago, Suspect Device said:

UK economy rose 0.5% since Brexit vote.

http://www.bbc.co.uk/news/business-37786467

Meh.

While a positive, the important bit is probably this: " The only sector of the economy that continued to grow was services, up by 0.8%; agriculture, manufacturing production and construction all shrank."

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10 minutes ago, Ross. said:

While a positive, the important bit is probably this: " The only sector of the economy that continued to grow was services, up by 0.8%; agriculture, manufacturing production and construction all shrank."

 

Hence the 'meh' comment. It's good news but not great. Not the crash that everyone was predicting though. That may (or may not) be to come.

More good news for manufacturing though. http://www.bbc.co.uk/news/business-37787890

 

 

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15 minutes ago, Suspect Device said:

 

Hence the 'meh' comment. It's good news but not great. Not the crash that everyone was predicting though. That may (or may not) be to come.

More good news for manufacturing though. http://www.bbc.co.uk/news/business-37787890

Absolutely. I would still say it is far too early to judge the impact of the vote though.

On the Nissan thing in the link, it would be interesting to see exactly what assurances they were provided with.

Quote

Carlos Ghosn, Nissan chief executive, said government "support and assurances" allowed it to decide to make the two new cars in Sunderland.

 

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