Bank of England governor Mark Carney upbeat on UK growth Bank of England governor Mark Carney upbeat on UK growth
Page 1 of 3 123 LastLast
Posts 1 to 10 of 27
  1. #1

    Contractor Among Contractors

    Bean 's job has never been outsourced

    Bean's Avatar
    Join Date
    Sep 2017
    Posts
    1,294

    Default Bank of England governor Mark Carney upbeat on UK growth

    https://www.bbc.co.uk/news/business-44721670

    "Mark Carney said recent data had given him "greater confidence" that weak first-quarter growth "was largely due to the weather". "


    Interesting analysis, which is somewhat different to 'analysis' done and spread on this website, by some users.
    Quote Originally Posted by Old Greg
    I admit I'm just a lazy, lying cretinous hypocrite and must be going deaf
    ♕Keep calm & carry on♕

  2. #2

    Contractor Among Contractors

    GreenMirror 's job has never been outsourced


    Join Date
    May 2018
    Posts
    1,500

    Default

    Lets wait until it is found there will be no deal.

  3. #3

    Prof Cunning @ Oxford Uni

    WTFH is always on top

    WTFH's Avatar
    Join Date
    Nov 2012
    Posts
    17,771

    Default

    Quote Originally Posted by GreenMirror View Post
    Lets wait until it is found there will be no deal.
    His analysis is that the country is inline to stay on course for the predicted rates from May.
    His analysis is that the world cup will have a positive effect on the economy.

    So, the upbeat thing is that he has greater confidence that he can explain the poor first quarter figures to be due to the weather.
    It is not him saying he has greater confidence that the economy is going to grow at the kind of rates it was growing a few years ago.

    It's amazing how twisting words to suit can make something sound incredibly positive for the future, when the guy was saying that he thinks he understands what happened in the past a bit better.
    Strong and Stable Moderation

  4. #4

    Super poster

    Hobosapien - scorchio!

    Hobosapien's Avatar
    Join Date
    Feb 2016
    Location
    LA - la la fantasy land
    Posts
    2,686

    Default

    He's a typical slimy politician, saying what they want us to hear when the reality may be somewhat different. Hard to know for sure when so many stats are manipulated, from the unemployment figures to inflation rates to the economic outlook.

    See if they finally raise the interest rate in August or if they continue to fall behind the US.

    They need to rebalance the economy, from housing taking a disproportion of worker income, to benefits (housing benefit and working tax credits particularly) taking a disproportion of tax income. Fortunately they have a major event next March to blame any negative consequences of a rebalance on. Do they have the inclination and foresight to do it though or do they still believe the bulltulip of Brown's 'no more boom and bust' and they can keep things 'booming'.
    Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.

  5. #5

    Super poster

    meridian - scorchio!

    meridian's Avatar
    Join Date
    Feb 2006
    Posts
    4,324

    Default

    Quote Originally Posted by Hobosapien View Post
    or do they still believe the bulltulip of Brown's 'no more boom and bust' and they can keep things 'booming'.
    Brown was basing this on a (reasonable) objective of saving in the good times to spend in the lean times. Having a war chest, in contractor terms.

    Unfortunately the last 10 years have been spent borrowing and spending (for the government) and “austerity” (for the rest of us).

  6. #6

    Super poster

    Zigenare - scorchio!

    Zigenare's Avatar
    Join Date
    Apr 2018
    Posts
    3,848

    Default

    Quote Originally Posted by meridian View Post
    Brown was basing this on a (reasonable) objective of saving in the good times to spend in the lean times. Having a war chest, in contractor terms.

    Unfortunately the last 10 years have been spent borrowing and spending (for the government) and “austerity” (for the rest of us).
    Remind us again what state UK finances were in at the end of the last Labor reign of terror!

    I'll give you a clue the kitty was ******* empty!
    Quote Originally Posted by Old Greg
    Given that you refuse to work for Jews, because you believe that they are only out for themselves and that they see gentiles as just there to be used, WGAS what you think.
    You do me old chum, obviously

    Quote Originally Posted by Old Greg View Post
    Churchy says that May Day is a Zionist Occupation Government conspiracy.
    Quote Originally Posted by Old Greg
    Only it is somewhat suspicious that this unsubstantiated claim has been made against the object of Alt-Right antisemitic conspiracy lies.

  7. #7

    More fingers than teeth

    scooterscot is a fount of knowledge

    scooterscot's Avatar
    Join Date
    Nov 2005
    Location
    Anywhere that is not broken Brexit Britain
    Posts
    19,558

    Default

    The US dollar is about to collapse, the pound will surely follow it given the politics of the day as businesses line up to move their interests elsewhere.

    Interest rates can only move up, but economic growth when businesses are holding back investment? Even a laymen understands that makes no sense.
    Last edited by scooterscot; 6th July 2018 at 09:18.
    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

  8. #8

    Super poster

    meridian - scorchio!

    meridian's Avatar
    Join Date
    Feb 2006
    Posts
    4,324

    Default

    Quote Originally Posted by Zigenare View Post
    Remind us again what state UK finances were in at the end of the last Labor reign of terror!

    I'll give you a clue the kitty was ******* empty!
    Care to back that up with evidence and not Kool Aid?

    A simple search on Wiki will give you the ratio of government debt to GDP, or you can post any other evidence you have to back up your claim.

  9. #9

    More fingers than teeth

    scooterscot is a fount of knowledge

    scooterscot's Avatar
    Join Date
    Nov 2005
    Location
    Anywhere that is not broken Brexit Britain
    Posts
    19,558

    Default

    You know what they say, mud sticks. Tories and their followers have enough to make a landslide. The last weapon of the desperate.
    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

  10. #10

    Contractor Among Contractors

    NigelJK is NOT a disguised employee


    Join Date
    Jun 2013
    Posts
    1,536

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •