Growth slumps to lowest in two years as businesses panic over Brexit Growth slumps to lowest in two years as businesses panic over Brexit
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    Default Growth slumps to lowest in two years as businesses panic over Brexit

    The economy risks grinding to a halt as Brexit panic grips businesses, with new data showing activity slowed sharply in November.

    GDP growth could be slashed to just 0.1pc in the final quarter of the year as a result, tumbling from 0.6pc in the previous three months.

    The purchasing managersí index (PMI) from IHS Markit slowed to 50.4 last month, down from 52.2 in October to the worst score since the aftermath of the referendum in 2016. Any score above 50 indicates growth, so this suggests stagnation across the biggest part of the economy.

    Economists had expected the PMI to rise to 52.7 in a modest acceleration of growth.

    Growth slumps to lowest in two years as businesses panic over Brexit

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    Quote Originally Posted by AtW View Post
    The economy risks grinding to a halt as Brexit panic grips businesses, with new data showing activity slowed sharply in November.

    GDP growth could be slashed to just 0.1pc in the final quarter of the year as a result, tumbling from 0.6pc in the previous three months.

    The purchasing managersí index (PMI) from IHS Markit slowed to 50.4 last month, down from 52.2 in October to the worst score since the aftermath of the referendum in 2016. Any score above 50 indicates growth, so this suggests stagnation across the biggest part of the economy.

    Economists had expected the PMI to rise to 52.7 in a modest acceleration of growth.

    Growth slumps to lowest in two years as businesses panic over Brexit
    That is because Brexit hasn't happened yet. As soon as it does, the economy will experience a jam, tea and biscuit led export boom. The Tory Brexiteers have said it so it is the patriotic truth.
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

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    Quote Originally Posted by Old Greg View Post
    That is because Brexit hasn't happened yet. .
    This ^

    We are still trading with the EU and it isn't adding any value.

    Hard Brexit, new trade deals with the rest of the World. Bring it on FFS!
    'There is no situation, however bad, that cannot be made worse by government intervention'.

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    Quote Originally Posted by DimPrawn View Post
    This ^

    We are still trading with the EU and it isn't adding any value.

    Hard Brexit, new trade deals with the rest of the World. Bring it on FFS!
    The economy will boom in GBP terms.
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

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    Quote Originally Posted by Old Greg View Post
    The economy will boom in GBP terms.
    I get paid in GBP, so all good mate.
    'There is no situation, however bad, that cannot be made worse by government intervention'.

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    Quote Originally Posted by DimPrawn View Post
    I get paid in GBP, so all good mate.
    Get a wheelbarrow from MF's tatteria.
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

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    Quote Originally Posted by DimPrawn View Post
    This ^

    We are still trading with the EU and it isn't adding any value.

    Hard Brexit, new trade deals with the rest of the World. Bring it on FFS!
    What a guy!

    :kipper

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    Quote Originally Posted by DimPrawn View Post
    I get paid in GBP, so all good mate.
    What if you donít get paid, then what, find a new job in EU?


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    Quote Originally Posted by AtW View Post
    What if you donít get paid, then what, find a new job in EU?

    I'm a world leading bulltulipter, my future is secure post-Brexit.
    'There is no situation, however bad, that cannot be made worse by government intervention'.

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    Quote Originally Posted by DimPrawn View Post
    I'm a world leading bulltulipter, my future is secure post-Brexit.
    Yes, in a secure mental hospital - you will share room with Napoleon

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