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Manufacturing grows at its fastest rate in 2 1/2 years! |
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#51 |
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Join Date: Dec 2011
Posts: 2,582
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The Purchasing index has often been more accurate than the ONS,
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#52 |
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Join Date: Feb 2008
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Did I read that right... from Andy![]() I might wee myself with excitement. ![]() I read your comment but didn't look at the poster name - I just KNEW it was you.
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#53 |
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Join Date: Jan 2003
Location: London SW6
Posts: 37,482
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Yes, with the emphasis on the word 'might' - inflation is a year on year measure so a balance might mean it is avoided - which is what happened in the early to mid 90's - the pounds loss of value did not lead to inflation.
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My concern was always about our ability to sell to foreign markets once tariffs were imposed - hence why I voted remain, with in6y7flation increasing and leading to drops in home markets - but to be honest now I'm not so sure that will happen.
Inflation is already increasing. I don't think it'll be disastrous, just that the economy won't perform as well as if we'd stayed in.
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#54 |
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Join Date: Feb 2007
Posts: 24,736
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A survey is more accurate than actual figures?
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#55 |
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Join Date: Feb 2007
Posts: 24,736
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Inflation is already increasing. I don't think it'll be disastrous, just that the economy won't perform as well as if we'd stayed in.
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#56 |
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Join Date: Aug 2016
Posts: 1,006
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For once we are in agreement - however note that inflation has been below the target for some years now and an increase in inflation would have happened regardless of the vote. I think you are right (and a number of economists have said the same) that growth will be lower post brexit than it would have been had we stayed in.
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#57 |
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Join Date: Dec 2005
Posts: 4,343
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This is good news. Unfortunately for that reason this thread probably wont last long on the 1st page
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#58 |
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Join Date: Jul 2003
Location: Pimlico, central London, UK
Posts: 14,877
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It's amazing just how much the BBC (the Brussels Broadcasting Corporation) downplays good news stories but places massive emphasis on anything that can be construed in a negative way concerning Brexit.
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#59 |
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Join Date: Mar 2006
Posts: 2,423
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What evidence do you have of this?
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#60 |
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Join Date: Jan 2003
Location: London SW6
Posts: 37,482
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The Next story is a Headline with it's own report. The B&M success story is tucked away as a single mention in the Live Business section
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#61 |
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Join Date: Aug 2016
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And could you give us the relative sizes of the two firms please?
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#62 |
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Join Date: Jan 2003
Location: London SW6
Posts: 37,482
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Turnover of 4billion for next, 1.5 billion for b&m
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#63 |
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Join Date: Feb 2015
Posts: 1,457
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It's an economic indicator that uses mathematical modelling to come up with a figure. In my book, that is a projection. And I don't care how close it is to "hard data" it is often proven to be wrong.
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#64 |
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Join Date: Aug 2016
Posts: 1,006
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Next are in the FTSE 100, B&M the 250. You'll need to find a better like for like comparison.
Maybe top shop is a better comparison but you will need to find their results. Perhaps shoppers Re online now rather than the high street |
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#65 |
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Join Date: Jan 2003
Location: London SW6
Posts: 37,482
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I was just answering the question for you but since you asked for like for like, turnover will be 3bn for B&M next time. So much more similar.
Maybe top shop is a better comparison but you will need to find their results. Perhaps shoppers Re online now rather than the high street |
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#66 |
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Join Date: Aug 2016
Posts: 349
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Why is it that you believe everything that is doom laden but never believe anyone who projects a positive outlook? Different experts, different points of view, different statistical analysis yet you are only prepared to accept one side of the argument. It reminds me about everything that is written about SKY, if it's good news then in your opinion it must be right, if it's bad news or if another broadcaster, provider offers something good it must be wrong.
Post June 23rd anything bad that happens is due to the brexit vote and anything good would have been better but for the brexit vote. |
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Did I read that right... from Andy
