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AtW
18th July 2017, 15:53
Britain's GDP is expected to drop from 1.8 per cent growth last year to 1.5 per cent in 2017 and to 1.4 per cent in 2018, according to PwC

The UK economy is on course for an even deeper slowdown as consumer spending and business investment take a hit from uncertainty surrounding the Brexit negotiations, new research has found.

Britain's GDP is expected to drop from 1.8 per cent growth last year to 1.5 per cent in 2017 and to 1.4 per cent in 2018, according to PwC's UK Economic Outlook.

The professional services firm has downgraded its previous prediction for 2017 when it pencilled in GDP to ease at a slower pace to 1.6 per cent.

Brexit: UK on course for even deeper economic slowdown than expected | The Independent (http://www.independent.co.uk/news/business/news/brexit-uk-on-course-for-even-deeper-economic-slowdown-than-expected-pwc-eu-negotiations-a7845841.html)

Where is that promised Brexit recession Brexiters had asked? It's fooking coming soon, better buckle up.

tiggat
18th July 2017, 16:05
Who listens to PwC?

AtW
18th July 2017, 16:10
Who listens to PwC?

Markets

BlasterBates
18th July 2017, 16:12
Great doom post.

:music:

OwlHoot
18th July 2017, 16:14
Who listens to PwC AtW?

FTFY :glasses

_V_
18th July 2017, 20:14
Britain's GDP is expected to drop from 1.8 per cent growth last year to 1.5 per cent in 2017 and to 1.4 per cent in 2018, according to PwC

And they know the future how?

Can they please tell us the Lotto numbers too?

PurpleGorilla
18th July 2017, 20:21
Who listens to PwC?

Greece

scooterscot
18th July 2017, 20:51
1) Reduced growth = less tax receipts

2) Less tax receipts = reduced ability to pay off debt

3) Increased time to pay off debt = bond holders demand more interest

4) QE printing presses warmed up but nothing changes = But we can print our own money unlike Greece scream the Brexiters

5) Ratings agencies observe the struggle and downgrade UK debt = Bondholders demand even more interest.

7) More of the reduced tax revenue is used to pay interest on debt = UK implodes

8) UK goes to IMF for emergency loan

9) Tories blame Labour = May claims victory over a strong and stable Brexit

10) Corbyn becomes PM to clean up the mess

AtW
18th July 2017, 20:53
1) Reduced growth = less tax receipts

2) Less tax receipts = reduced ability to pay off debt

3) Increased time to pay off debt = bond holders demand more interest

4) QE printing presses warmed up but nothing changes = But we can print our own money unlike Greece scream the Brexiters

5) Ratings agencies observe the struggle and downgrade UK debt = Bondholders demand even more interest.

7) More of the reduced tax revenue is used to pay interest on debt = UK implodes

8) UK goes to IMF for emergency loan

9) Tories blame Labour = May claims victory over a strong and stable Brexit

10) Corbyn becomes PM to clean up the mess

Cross out #8 - MF gambled all his money away, though Korbyn plans to add VAT on private school fees

darmstadt
18th July 2017, 21:00
Greece

And there was everyone thinking it was the banks, the EU and the Germans. Damn, wrong again...

BlasterBates
19th July 2017, 15:50
More DOOM:

Britain set for devastating recession if Brexit talks fail (http://www.express.co.uk/finance/city/830589/Brexit-deal-talks-news-latest-Moodys-UK-set-for-devastating-RECESSION-if-talks-fail)

That will strengthen the government's hand.

:D

woohoo
19th July 2017, 15:53
First class doom and gloom thread. Has a bit of moaning, then it's backed up by a couple of depressives. Well done guys, hope this bit of praise cheers you the fudge up.

sasguru
19th July 2017, 15:56
More DOOM:

Britain set for devastating recession if Brexit talks fail (http://www.express.co.uk/finance/city/830589/Brexit-deal-talks-news-latest-Moodys-UK-set-for-devastating-RECESSION-if-talks-fail)

That will strengthen the government's hand.

:D

Better if the talks fail and cretins face reality. It will be a wonderful tonic :D

BlasterBates
19th July 2017, 16:06
Better if the talks fail and cretins face reality. It will be a wonderful tonic :D

Interestingly lower immigration will lead to rising unemployment, which in turn will increase calls for even lower immigration so leading to even higher unemployment.

An interesting lesson in economics.

AtW
19th July 2017, 18:42
First class doom and gloom thread. Has a bit of moaning, then it's backed up by a couple of depressives. Well done guys, hope this bit of praise cheers you the fudge up.

I thank you:smile

BlasterBates
19th July 2017, 21:50
New Euro fighter to be built without BAE (https://sg.finance.yahoo.com/news/france-germany-develop-european-fighter-jet-document-123304230--business.html)

...whoops! 5000 BAE Engineers have no follow on project.

They can probably focus their energies on a new customs and excise system.

:D

AtW
19th July 2017, 21:53
Perhaps Tory Scum want to go for the Canadian model - basically rely on big powerful neighbour for all security, save lots of money on own army?

BlasterBates
19th July 2017, 22:01
UK threatens to trash another lucrative industry (https://www.theguardian.com/environment/2017/jul/19/uk-threatens-to-return-radioactive-waste-to-eu-without-nuclear-deal)

The UK is increasingly sound like a very desperate nutcase threatening to blow its brains out and make a mess for a deal.

:D

greenlake
19th July 2017, 22:04
They can probably focus their energies on a new customs and excise system.

....or a more successful space programme....

http://i.imgur.com/xwMTgkl.jpg

AtW
19th July 2017, 22:05
UK threatens to trash another lucrative industry (https://www.theguardian.com/environment/2017/jul/19/uk-threatens-to-return-radioactive-waste-to-eu-without-nuclear-deal) The UK is increasingly sound like a very desperate nutcase threatening to blow its brains out and make a mess for a deal. :D

"Britain has warned the EU that it could return boatloads of radioactive waste back to the continent if the Brexit talks fail to deliver an agreement on nuclear regulation."

:rollin:

Paddy
19th July 2017, 22:13
Perhaps Tory Scum want to go for the Canadian model - basically rely on big powerful neighbour for all security, save lots of money on own army?


In Albania there are a load of MK1 MIGs for sale.

AtW
19th July 2017, 22:20
In Albania there are a load of MK1 MIGs for sale.

Albanian mafia way too scary

BlasterBates
20th July 2017, 07:15
https://www.bloomberg.com/news/articles/2017-07-19/may-urged-to-reassure-businesses-over-her-brexit-strategy


While businesses are preparing for Brexit, most have not made any concrete changes yet, so there is still a window of opportunity for the Government to convince them to hold off triggering contingency plans

The question is, what are her Brexit plans ?

:D

BlasterBates
20th July 2017, 09:19
Good news, the Brexit bill will be a nice round number.

Brexit bill EUR 100 billion (http://www.express.co.uk/news/politics/830869/Brexit-news-French-finance-minister-lets-slip-real-amount-Britain-EU-exit-bill)

PurpleGorilla
20th July 2017, 09:24
Good news, the Brexit bill will be a nice round number.

Brexit bill EUR 100 billion (http://www.express.co.uk/news/politics/830869/Brexit-news-French-finance-minister-lets-slip-real-amount-Britain-EU-exit-bill)

https://i.imgflip.com/1ssaga.jpg

milanbenes
20th July 2017, 11:09
New Euro fighter to be built without BAE (https://sg.finance.yahoo.com/news/france-germany-develop-european-fighter-jet-document-123304230--business.html)

...whoops! 5000 BAE Engineers have no follow on project.

They can probably focus their energies on a new customs and excise system.

:D



fer feck's sake

what a feck up

Milan.

PurpleGorilla
20th July 2017, 11:36
fer feck's sake

what a feck up

Milan.

So what?

We are building JSF with the USA Canada Australia and several others.

milanbenes
20th July 2017, 11:46
yes, we have the Joint Strike Fighter and the Eurofighter and now we have only the JSF

can you see where this is heading

go and try to run a business and then you'll understand it

Milan.

BrilloPad
20th July 2017, 11:48
yes, we have the Joint Strike Fighter and the Eurofighter and now we have only the JSF

can you see where this is heading

go and try to run a business and then you'll understand it

Milan.

What is this "we" business? You fooked off years ago.

Don't you have any tapes to change?

NotAllThere
20th July 2017, 11:48
So what?

We are building JSF with the USA Canada Australia and several others.JSF? Jeux Sans Frontières? Sounds about right!

http://www.youtube.com/watch?v=OXT--BbK2v8

PurpleGorilla
20th July 2017, 12:22
yes, we have the Joint Strike Fighter and the Eurofighter and now we have only the JSF

can you see where this is heading

go and try to run a business and then you'll understand it

Milan.

Eurofighter (typhoon) is in service, with JSF due in service soon.

Drones are the future, JSF might be the last manned fighter the UK has...

Let's see which companies they go to for missiles, engines, and ejector seats.

We're not quite done and dusted yet.

PG

AtW
20th July 2017, 12:43
Drones are the future, JSF might be the last manned fighter the UK has...

Let's see which companies they go to for missiles, engines, and ejector seats.

Ejector seats for drones?

They will go for EU suppliers first, then US, then Australia, then 180 countries in the world and only then to UK

BrilloPad
20th July 2017, 12:48
Ejector seats for drones?

They will go for EU suppliers first, then US, then Australia, then 180 countries in the world and only then to UK

UK can create their own. With nukes.

AtW
20th July 2017, 12:49
UK can create their own. With nukes.

Fine by me as long as the drones can climb to high orbit :smokin

Platypus
20th July 2017, 12:52
Perhaps Tory Scum want to go for the Canadian model - basically rely on big powerful neighbour for all security, save lots of money on own army?

Oh that sounds more like Germany's stance on NATO.

PurpleGorilla
20th July 2017, 12:55
Ejector seats for drones?

They will go for EU suppliers first, then US, then Australia, then 180 countries in the world and only then to UK

For the FrancoGerman fighter.

Drones ARE the future, there will be a manned fight legacy to service for at least the next 50 years.

Well good luck finding another ejector seat supplier other than Martin Baker...

You want a ride in a Zvezda?

And we all know Rolls make the best aero engines.

BlasterBates
20th July 2017, 13:10
There is quite a demand for Spitfires for Battle of Britain displays, which is something the UK should be focusing on post Brexit, also they need to keep replaying the 1966 World cup final.

:D

PurpleGorilla
20th July 2017, 13:22
There is quite a demand for Spitfires for Battle of Britain displays, which is something the UK should be focusing on post Brexit, also they need to keep replaying the 1966 World cup final.

:D

Lest we forget.

Bluenose
20th July 2017, 13:32
There is quite a demand for Spitfires for Battle of Britain displays, which is something the UK should be focusing on post Brexit, also they need to keep replaying the 1966 World cup final.

:D

Our 2017 u20 World Cup final victory is good for me. something about the form of your youth representing future prospects and all that.

oscarose
20th July 2017, 13:38
Our 2017 u20 World Cup final victory is good for me.

+1

The ladies are performing well in their Euros too.

:smokin

All this gb-exit nonsense... :confused:

scooterscot
20th July 2017, 13:46
Good news, the Brexit bill will be a nice round number.

Brexit bill EUR 100 billion (http://www.express.co.uk/news/politics/830869/Brexit-news-French-finance-minister-lets-slip-real-amount-Britain-EU-exit-bill)

The English tax payer shall also be asked to pay Scotland and Welsh an extra £2billion. Cough up you lot.

scooterscot
20th July 2017, 13:54
New Euro fighter to be built without BAE (https://sg.finance.yahoo.com/news/france-germany-develop-european-fighter-jet-document-123304230--business.html)

...whoops! 5000 BAE Engineers have no follow on project.

They can probably focus their energies on a new customs and excise system.

:D

Seriously?! Recall working on the Eurofighter project. Feck me BAE Warton supports thousands of jobs for the in service aircraft across the continent. It is not just the building them that creates job but far more so the maintaining them. This would be a major loss for the UK.

What a complete mess.

darmstadt
20th July 2017, 13:55
Our 2017 u20 World Cup final victory is good for me. something about the form of your youth representing future prospects and all that.

Don't forget the U-17 either but stick your fingers in your ears when it comes to the U-21 :wink

AtW
20th July 2017, 14:03
Well good luck finding another ejector seat supplier other than Martin Baker...

Ze Martin Baker GmbH will do it.

HTH

PurpleGorilla
20th July 2017, 14:04
Seriously?! Recall working on the Eurofighter project. Feck me BAE Warton supports thousands of jobs for the in service aircraft across the continent. It is not just the building them that creates job but far more so the maintaining them. This would be a major loss for the UK.

What a complete mess.

Good thing J S F will be coming into service soon then...

scooterscot
20th July 2017, 14:05
Drones are the future,

It is a popular statement. The ability to strike at small targets is commendable.

I'd like to see a UAV match a full ordnance bombing run of a B52. When you have to absolutely kill every mother £$£@£ in the room, accept no substitutes.

Saying that it is only a matter of time before the UK sees a UAV drone like terror attack with home made plastic explosives or chemical attack.

PurpleGorilla
20th July 2017, 14:07
Ze Martin Baker GmbH will do it.

HTH

Oh that's right - it doesn't exist.

Well there you go, Russian seats or British seats. Let's see who they choose.

PurpleGorilla
20th July 2017, 14:10
It is a popular statement. The ability to strike at small targets is commendable.

I'd like to see a UAV match a full ordnance bombing run of a B52. When you have to absolutely kill every mother £$£@£ in the room, accept no substitutes.

Saying that it is only a matter of time before the UK sees a UAV drone like terror attack with home made plastic explosives or chemical attack.

B52 - lol that old bitch carries a punch.

Trouble is they are a bit of a radar give away, unlike a small stealthy drone.

Best not discuss the last point.

scooterscot
20th July 2017, 14:10
Good thing J S F will be coming into service soon then...

And then going back out of service 5 minutes later for repairs.

The F-35 Joint Strike Fighter: One of America's Worst Fighter Jets Ever?
(http://nationalinterest.org/blog/the-buzz/the-f-35-joint-strike-fighter-one-americas-worst-fighter-14254)

The Harrier jump jets the Tories flogged to the yanks can take off carrying more ordnance.

Harrier jump-jets sold 'for peanuts' (http://www.telegraph.co.uk/news/uknews/defence/8576541/Harrier-jump-jets-sold-for-peanuts.html) - No one screws the country over better than the Tories. Go ahead, vote for them again why not.

AtW
20th July 2017, 14:10
Oh that's right - it doesn't exist. Well there you go, Russian seats or British seats. Let's see who they choose.

The re-armament of Luftwaffe will require lots of ejector seats....

So they'll choose German seats made by Martin Baker GmbH.

Owners of the company will be happy as Larry paying flat dividend rate of 25% in Germany instead of 38% in UK.

scooterscot
20th July 2017, 14:11
Best not discuss the last point.

Why not?

AtW
20th July 2017, 14:11
The Harrier jump jets the Tories flogged to the yanks can take off carrying more ordnance.

More, but they are much more visible on radars.

PurpleGorilla
20th July 2017, 14:11
And then going back out of service 5 minutes later for repairs.

The F-35 Joint Strike Fighter: One of America's Worst Fighter Jets Ever?
(http://nationalinterest.org/blog/the-buzz/the-f-35-joint-strike-fighter-one-americas-worst-fighter-14254)

The Harrier jump jets the Tories flogged to the yanks can take off carrying more ordnance.

Harrier jump-jets sold 'for peanuts' (http://www.telegraph.co.uk/news/uknews/defence/8576541/Harrier-jump-jets-sold-for-peanuts.html) - No one screws the country over better than the Tories. Go ahead, vote for them again why not.

We should of bought F18 super hornets - and a cat/trap carrier - but we will make JSF work.

I've never voted Tory.

scooterscot
20th July 2017, 14:13
More, but they are much more visible on radars.

As my RADAR fundamentals lecturer once told me, nothing is invisible to RADAR.

PurpleGorilla
20th July 2017, 14:14
The re-armament of Luftwaffe will require lots of ejector seats....

So they'll choose German seats made by Martin Baker GmbH.

Owners of the company will be happy as Larry paying flat dividend rate of 25% in Germany instead of 38% in UK.

Sorry who is this Martin Baker GmbH you keep mentioning?

They don't exist.

AtW
20th July 2017, 14:15
Sorry who is this Martin Baker GmbH you keep mentioning? They don't exist.

They will soon, thanks to Brexit that you voted for.

PurpleGorilla
20th July 2017, 14:17
They will soon, thanks to Brexit that you voted for.

No they won't!

Brexit will be a success.

The French and Germans will buy our British ejector seats.

And probably our engines too ;-)

scooterscot
20th July 2017, 14:23
The French and Germans will buy our British ejector seats.


Indeed who is this Martin Baker??!

Red Arrows pilot was not warned about ejector seat danger before death, says coroner (http://www.telegraph.co.uk/news/uknews/defence/10604399/Red-Arrows-pilot-was-not-warned-about-ejector-seat-danger-before-death-says-coroner.html)

Bet you they tried to brush that under the carpet as quickly as possible.


See the problem with Brexit is skills are fleeing the UK. Brain drain is well under way.

PurpleGorilla
20th July 2017, 14:26
Indeed who is this Martin Baker??!

Red Arrows pilot was not warned about ejector seat danger before death, says coroner (http://www.telegraph.co.uk/news/uknews/defence/10604399/Red-Arrows-pilot-was-not-warned-about-ejector-seat-danger-before-death-says-coroner.html)

Bet you they tried to brush that under the carpet as quickly as possible.


See the problem with Brexit is skills are fleeing the UK. Brain drain is well under way.

Well that's a bit below the pale.

scooterscot
20th July 2017, 14:28
Yeah facts are like that. :rolleyes:

PurpleGorilla
20th July 2017, 14:33
Yeah facts are like that. :rolleyes:

The accident had nothing to do with Brexit.

Seats fail, and designs aren't perfect, but they have saved thousands of lives operating in extreme conditions.

scooterscot
20th July 2017, 14:38
The accident had nothing to do with Brexit.

Seats fail, and designs aren't perfect, but they have saved thousands of lives operating in extreme conditions.

Who mentioned Brexit? You did. Honestly some people. And no they don't save thousands of lives. Hundreds? Eh no... 10 or 20.. maybe. Exaggeration and then some.

Of course the designs are perfect. Why would you design something to fail? Maintaining it is a different matter, which is something that was known to the manufacturer in this case.

PurpleGorilla
20th July 2017, 14:41
Who mentioned Brexit? You did. Honestly some people. And no they don't save thousands of lives. Hundreds? Eh no... 10 or 20.. maybe. Exaggeration and then some.

Of course the designs are perfect. Why would you design something to fail? Maintaining it is a different matter, which is something that was known to the manufacturer in this case.

Over 7500 lives saved you idiot.

http://martin-baker.com/

You mentioned brexit you idiot!


Indeed who is this Martin Baker??!

Red Arrows pilot was not warned about ejector seat danger before death, says coroner (http://www.telegraph.co.uk/news/uknews/defence/10604399/Red-Arrows-pilot-was-not-warned-about-ejector-seat-danger-before-death-says-coroner.html)

Bet you they tried to brush that under the carpet as quickly as possible.


See the problem with Brexit is skills are fleeing the UK. Brain drain is well under way.

darmstadt
20th July 2017, 14:59
Oh that's right - it doesn't exist.

Well there you go, Russian seats or British seats. Let's see who they choose.

Home - East/West Industries (http://www.eastwestindustries.com/) - A woman owned company
Triumph Aerostructures - Vought Aircraft Division (http://www.triumphgroup.com/companies/triumph-aerostructures-vought-aircraft-division)
Aerospace Products and Solutions | Eaton (http://www.eaton.com/Eaton/ProductsServices/Aerospace/index.htm)

PurpleGorilla
20th July 2017, 15:13
Home - East/West Industries (http://www.eastwestindustries.com/) - A woman owned company
Triumph Aerostructures - Vought Aircraft Division (http://www.triumphgroup.com/companies/triumph-aerostructures-vought-aircraft-division)
Aerospace Products and Solutions | Eaton (http://www.eaton.com/Eaton/ProductsServices/Aerospace/index.htm)

Good find.

Martin Baker are the goliath's of this very niche industry.

It's world class, and British.

AtW
20th July 2017, 15:15
It's world class, and British.

Like Bentley?

PurpleGorilla
20th July 2017, 15:22
Like Bentley?

Change of subject alert!

I thought we were talking aero engineering.

Bentley - overpriced VWs IMHO. Christ I hope they haven't installed any Bosch cheat ware...

Personally if I had the money for a new one I would get something like a F Pace instead. And for an older one, in the £30k area, an supercharged XK8.

AtW
20th July 2017, 15:34
XKR with a nice aero package...

https://www.grandesloterias.com/uploads/assets//Pictures/Jaguar.jpg

Maybe they should add ejector seats to cars...

BlasterBates
20th July 2017, 19:34
EU to dictate regulations even with a Hard Brexit (http://www.independent.co.uk/news/uk/politics/brexit-eu-trade-deal-workers-rights-tax-haven-michel-barnier-environmental-legislation-a7851761.html)

...at the end of the day the EU will be dictating regulations to the UK whether they want it or not.

The only way the UK can truly be free is to trash half of its exports.

:laugh