• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Look what Brexit has done now III

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Look what Brexit has done now III

    Factories rush to stockpile for Brexit - BBC News

    UK factories stockpiled goods for Brexit at an unexpectedly high rate last month, boosting manufacturing growth to a 13-month high, according to a closely watched survey.

    The research, by IHS Markit/CIPS, found that the rate of increase in stocks hit a survey record high for the third month in a row.

    The Purchasing Managers' Index (PMI) for the manufacturing sector rose to 55.1 in March, from 52.1 in February.

    A figure above 50 indicates expansion.

    The PMI has remained above that benchmark for 32 months in a row.
    I guess we could say we are still in the EU, that's why everything is booming, despite Brexit stockpiling. Damn you Brexit!

    #2
    Look what Brexit has done now III

    Originally posted by DimPrawn View Post
    Factories rush to stockpile for Brexit - BBC News



    I guess we could say we are still in the EU, that's why everything is booming, despite Brexit stockpiling. Damn you Brexit!
    Eh?

    It literally says it’s because of Brexit stockpiling.

    It’s a useless story on it’s own though. Increase in manufacturing has to go somewhere, so it’s either stockpiling, exports, or domestic sales. The measure should really be shown next to sales measures to provide a better indication of whether stockpiling is making a big difference.
    Last edited by meridian; 1 April 2019, 21:13.

    Comment


      #3
      Originally posted by meridian View Post
      Eh?

      It literally says it’s because of Brexit stockpiling.

      It’s a useless story on it’s own though. Increase in manufacturing has to go somewhere, so it’s either stockpiling, exports, or domestic sales. The measure should really be shown next to sales measures to provide a better indication of whether stockpiling is making a big difference.
      Dim is stockpiling cretinism in case of shortages in the event of Article 50 being withdrawn.

      Comment


        #4
        Originally posted by Old Greg View Post
        Dim is stockpiling cretinism in case of shortages in the event of Article 50 being withdrawn.
        Where’s he stockpiling it? I suspect the House of Commons.

        Comment


          #5
          Originally posted by meridian View Post
          Where’s he stockpiling it? I suspect the House of Commons.
          In his rectum. NLyUK says there's plenty of space.

          Comment


            #6
            PMI raced to 55. Good indicator that a hard Brexit is now really expected.

            Almost feel sorry for you muppets left in Corbyn land.
            "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

            Comment


              #7
              Originally posted by scooterscot View Post
              PMI raced to 55. Good indicator that a hard Brexit is now really expected.

              Almost feel sorry for you muppets left in Corbyn land.
              Oooh, can we have a graph?
              Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

              Comment


                #8
                Originally posted by Zigenare View Post
                Oooh, can we have a graph?

                Basically

                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  #9
                  Originally posted by Old Greg View Post
                  Dim is stockpiling cretinism in case of shortages in the event of Article 50 being withdrawn.
                  And you must be cock-a-hoop being at the top of his list of preferred suppliers.

                  “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

                  Comment

                  Working...
                  X