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The doom and gloom vs reality

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    #11
    https://realbusiness.co.uk/exports/2...t-double-2030/

    According to the latest figures published by the Office for National Statistics (ONS), between March 2017 and February 2018, UK exports increased from £594bn to £627.6bn – a rise of 10.4 per cent.

    Meanwhile, a recent report from HSBC found that Britain’s export boom looks set to continue. The bank predicted that exports will rise by 22 per cent by 2020, and double overall by 2030.

    In a survey of more than 6,000 UK business decision makers, HSBC found that almost three quarters (72 per cent) expected international trade to increase in the next 12 months. In addition, the lender’s trade forecast figures predicted that UK goods and service exports would increase by 10 per cent in 2018 alone – the fastest rate of growth since for six years.

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      #12
      Originally posted by DimPrawn View Post

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        #13
        https://www.theguardian.com/business...vel-since-2007

        Tue 24 Apr 2018

        Britain’s budget deficit has dropped to the lowest level since before the financial crisis, laying the ground for Philip Hammond to raise government spending on public services later this year.

        The Office for National Statistics said public sector net borrowing, excluding the state-owned banks, dropped by £3.5bn to £42.6bn in the last financial year, cutting the budget deficit to the lowest level since the year ending March 2007.

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          #14

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            #15
            https://www.theguardian.com/business...r-jagjit-chadh

            Wed 2 Aug 2017

            Britain’s economy will surge back to life in the next six months following its slow start this year, a leading forecaster has predicted, prompting the Bank of England to raise interest rates next spring – more than a year earlier than its previous projection.

            The National Institute of Economic and Social Research (NIESR) said a boom in exports after the fall in the pound and a return to bumper wage rises next year would be enough to increase GDP growth to almost 2% and convince the central bank to increase the cost of borrowing.

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              #16
              Originally posted by DimPrawn View Post
              How did that one work out over the following six months?

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                #17
                Originally posted by Old Greg View Post
                How did that one work out over the following six months?
                Well, what do you expect from the bloody Guardian but lies and more lies?

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                  #18
                  Originally posted by DimPrawn View Post
                  Well, what do you expect from the bloody Guardian but lies and more lies?

                  Not so good, eh?

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                    #19
                    Originally posted by Old Greg View Post
                    Not so good, eh?
                    GDP per capita shrank in Q1. Ouch.

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                      #20
                      Originally posted by Old Greg View Post
                      GDP per capita shrank in Q1. Ouch.
                      Not enough GDP and too many capitas clearly....

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