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UK in recession

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    UK in recession

    December was bad, the economy shrinking fast, especially manufacturing.

    UK economy contracts in December as pre-Brexit slowdown bites - business live | Business | The Guardian

    However have no fear when the UK crashes out without a deal growth will resume due to exports of jam and biscuits.

    Fruit farms are the future.

    I'm alright Jack

    #2
    Figures are bad:

    United Kingdom - Economic Calendar

    Manufacturing Production output shrank 2% yoy, expectation was flat.

    If there is a no deal the economy will fall off a cliff.

    The positive side is that the figures can be blamed on being a member of the EU

    I'm alright Jack

    Comment


      #3
      Now some perspective.



      Spain is doing well as is Austria

      Cannot say much about the rest of the EU countries.

      Comment


        #4
        Indeed the UK was doing well.

        I'm alright Jack

        Comment


          #5
          Originally posted by BlasterBates View Post
          Indeed the UK was doing well.

          What and it has tanked in the last 40 days?

          Appreciate the heads up but I am going to keep my powder dry for the short term....

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