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Thread: S&P

  1. #1

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    The S&P report said:

    Unemployment would rise from current all-time low of 4% to 7.4% by 2020 – a rate last seen in the aftermath of the financial crisis;
    house prices would likely fall by 10% over two years;
    household incomes would be £2,700 lower a year after leaving without a deal;
    inflation would rise, peaking at 4.7% in mid-2019;
    London office prices could fall by 20% over two to three years, similar to the decline following the 2008 financial crash.

    No-deal Brexit would trigger lengthy UK recession, warns S&P | Business | The Guardian

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    Quote Originally Posted by AtW View Post
    The S&P report said:

    Unemployment would rise from current all-time low of 4% to 7.4% by 2020 – a rate last seen in the aftermath of the financial crisis;
    house prices would likely fall by 10% over two years;
    household incomes would be £2,700 lower a year after leaving without a deal;
    inflation would rise, peaking at 4.7% in mid-2019;
    London office prices could fall by 20% over two to three years, similar to the decline following the 2008 financial crash.

    No-deal Brexit would trigger lengthy UK recession, warns S&P | Business | The Guardian
    S&P are a cog in the Soros backed globalist EUSSR conspiracy.
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    Of greater concern is the massaging of unemployment figures with the 16-hour contracts. Too many people not paying decent levels of tax, just to keep the percentage unemployed looking good. Too many people taking out of the pot and not enough paying in, with or without Brexit. Something's got to give, Brexit's just a convenient excuse to look to.
    The greatest trick the devil ever pulled was convincing the world that he didn't exist

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    Quote Originally Posted by LondonManc View Post
    Of greater concern is the massaging of unemployment figures with the 16-hour contracts. Too many people not paying decent levels of tax, just to keep the percentage unemployed looking good. Too many people taking out of the pot and not enough paying in, with or without Brexit. Something's got to give, Brexit's just a convenient excuse to look to.
    There is only one massive problem in the UK and that is Brexit. Companies aren't investing, that will take a while before it's felt. without Brexit the UK would now be motoring.

    Changing employment law to stop zero hours and part time contracts, will only have one effect, and that is drive companies out of business and drive up unemployment.

    I suspect the UK however will cave, sign up for Brino thus averting the inevitable economic disaster and will just end up with a permanent lack lustre low wage, high tax economy.
    I'm alright Jack

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