So much for the doom and gloom, as we approach leave date we have:
Record employment levels
https://www.ons.gov.uk/employmentand...ch-to-may-2018
The employment rate (the proportion of people aged from 16 to 64 years who were in work) was 75.7%, higher than for a year earlier (74.9%) and the highest since comparable records began in 1971.
The unemployment rate (the number of unemployed people as a proportion of all employed and unemployed people) was 4.2%, down from 4.5% for a year earlier and the joint lowest since 1975.
Lowest rate of house repossessions
https://www.ftadviser.com/mortgages/...-historic-low/
The latest mortgage arrears and possessions update from UK Finance showed 76,740 homeowner mortgages were in arrears of 2.5 per cent or more of the outstanding balance - 8 per cent fewer than the same point last year.
Within the figures for the second quarter of this year, 23,190 mortgages were in arrears representing 10 per cent or more of the outstanding balance and there were 4,440 buy-to-let mortgages in arrears of 2.5 per cent or more - both reductions on last year’s levels.
Possession levels also dropped, with 1,060 homeowner mortgaged properties and 520 buy-to-let mortgaged properties repossessed in the second quarter of this year - down 5 per cent and 24 per cent respectively on the same quarter in 2017.
GDP rising
https://www.irishtimes.com/business/...92030?mode=amp
UK economic growth rebounded in the second quarter as retail sales and construction benefited from a warm weather boost.
The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.4 per cent between April and June, compared to the first three months of the year.
The news is getting better and better as we approach Freedom Day.
Record employment levels
https://www.ons.gov.uk/employmentand...ch-to-may-2018
The employment rate (the proportion of people aged from 16 to 64 years who were in work) was 75.7%, higher than for a year earlier (74.9%) and the highest since comparable records began in 1971.
The unemployment rate (the number of unemployed people as a proportion of all employed and unemployed people) was 4.2%, down from 4.5% for a year earlier and the joint lowest since 1975.
Lowest rate of house repossessions
https://www.ftadviser.com/mortgages/...-historic-low/
The latest mortgage arrears and possessions update from UK Finance showed 76,740 homeowner mortgages were in arrears of 2.5 per cent or more of the outstanding balance - 8 per cent fewer than the same point last year.
Within the figures for the second quarter of this year, 23,190 mortgages were in arrears representing 10 per cent or more of the outstanding balance and there were 4,440 buy-to-let mortgages in arrears of 2.5 per cent or more - both reductions on last year’s levels.
Possession levels also dropped, with 1,060 homeowner mortgaged properties and 520 buy-to-let mortgaged properties repossessed in the second quarter of this year - down 5 per cent and 24 per cent respectively on the same quarter in 2017.
GDP rising
https://www.irishtimes.com/business/...92030?mode=amp
UK economic growth rebounded in the second quarter as retail sales and construction benefited from a warm weather boost.
The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.4 per cent between April and June, compared to the first three months of the year.
The news is getting better and better as we approach Freedom Day.
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