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IMF makes further U-turn on Britain's economic prospects as Brexit fears prove unfounded
Topic Started: Jan 16 2017, 03:57 PM (372 Views)
Phoenix One UK
Regular Member
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Quote:
 
IMF makes further U-turn on Britain's economic prospects as Brexit fears prove unfounded

http://www.telegraph.co.uk/business/2017/01/16/imf-makes-u-turn-britains-economic-prospects-brexit-fears-prove/



BoE did U-turn, as did IMF.

We then have following:


Quote:
 
Post-referendum surge buoys West End investment

Around 60% of investment transactions in London’s West End last year were done after the EU referendum, according to figures from Allsop.

Whilst volumes were down on the £9.3bn traded in 2015, nearly 60% of the 2016 West End total was concluded in Q3-Q4 compared to 50% over the same period in 2015.

This suggests many investors and landlords, which had adopted a ‘wait and see’ approach prior to the referendum, started to trade again in the second half of the year, and overseas investors placed their confidence in the market despite the vote to exit the EU.

http://www.costar.co.uk/en/assets/news/2017/January/Post-referendum-surge-buoys-West-End-investment/



It appears that the remain camp had got it wrong time and again. The future for UK looks bright.
Edited by Phoenix One UK, Jan 16 2017, 03:58 PM.
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Replies:
Steve K
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Once and future cynic
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I see no one's backed you.

No surprise there then
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Tigger
Senior Member
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Phoenix One UK
Jan 16 2017, 03:57 PM
Quote:
 
IMF makes further U-turn on Britain's economic prospects as Brexit fears prove unfounded

http://www.telegraph.co.uk/business/2017/01/16/imf-makes-u-turn-britains-economic-prospects-brexit-fears-prove/



BoE did U-turn, as did IMF.

We then have following:


Quote:
 
Post-referendum surge buoys West End investment

Around 60% of investment transactions in London’s West End last year were done after the EU referendum, according to figures from Allsop.

Whilst volumes were down on the £9.3bn traded in 2015, nearly 60% of the 2016 West End total was concluded in Q3-Q4 compared to 50% over the same period in 2015.

This suggests many investors and landlords, which had adopted a ‘wait and see’ approach prior to the referendum, started to trade again in the second half of the year, and overseas investors placed their confidence in the market despite the vote to exit the EU.

http://www.costar.co.uk/en/assets/news/2017/January/Post-referendum-surge-buoys-West-End-investment/



It appears that the remain camp had got it wrong time and again. The future for UK looks bright.
Basically outsiders are buying up property because they know the government would rather roast babies than let the property market crash.

But look on the bright side we'll soon be renting our own country off of foreign based landlords and exporting the money made from property speculation.

If only you had brains........... :-[
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Phoenix One UK
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Steve K
Jan 16 2017, 10:06 PM
I see no one's backed you.

No surprise there then
Backed me for what? What's to back? I supported my opinion, which is more than I can say for you.  ::)
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Steve K
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Once and future cynic
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Someone explain it to him, I've done my dealing with the disadvantaged for one day
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Affa
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Steve K
Jan 16 2017, 05:10 PM


The fact is over the 200 days (long enough for you?) since the vote it is up 15% in terms of a currency that is devalued by 20%. You do the maths, you can can't you?

So in real terms the value of the UK export trade is diminished!

Reporting this as an increase is typical of how the administration, AND the media, use data to fool the public.
We earn more £s than we did prior to June 23rd, but those £s are worth a lot less than they were worth before the result of the referendum ........... and this is delivered as success.
Edited by Affa, Jan 16 2017, 10:22 PM.
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Affa
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The flip side is that everything we import now costs more than it did ..........
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