  |
 Yay! The economy! |
| Track this thread - Email this thread - Print this thread - Download this thread - Subscribe to this forum |
 11th May 2020, 02:43 PM
Post
#481
|
|
 BuzzJack Legend
Joined: 13 April 2007
Posts: 36,674 User: 3,272 
         |
QUOTE(Doctor Blind @ May 11 2020, 02:53 PM)  France's figures were already released - Minus 5.8% and because Q4 in 2019 was -0.1% they are officially in recession. The UK will be spared that because our growth in Q4 2019 was .... 0.0%! Do you know what our Q4 figure would have been if it was measured to two dp? |
 |
 
|
|
11th May 2020, 04:29 PM
Post
#482
|
|
 #38BBE0 otherwise known as 'sky blue'
Joined: 27 October 2008
Posts: 16,171 User: 7,561
   |
QUOTE(Suedehead2 @ May 11 2020, 03:43 PM) Do you know what our Q4 figure would have been if it was measured to two dp? 0.00% - the increase was only 2/10000's of a percent, or 0.0002%. How we compared to the world in Q4: QUOTE US: +0.5%
Spain: +0.5% Eurozone: +0.1% UK: zero growth France: −0.1% Italy: −0.3% |
|
|
|
|
11th May 2020, 04:48 PM
Post
#483
|
|
|
Queen of Soon
Joined: 24 May 2007
Posts: 74,084 User: 3,474
   |
QUOTE(Doctor Blind @ May 11 2020, 03:53 PM) France's figures were already released - Minus 5.8% and because Q4 in 2019 was -0.1% they are officially in recession. The UK will be spared that because our growth in Q4 2019 was .... 0.0%! Duh! Of course it was. Thanks for the reminder!! Another tory recession avoided by the tiniest of margins. Wonder if the revisions will push the 0% down to be a contraction 
|
|
|
|
|
11th May 2020, 05:27 PM
Post
#484
|
|
|
BuzzJack Legend
Joined: 13 April 2007
Posts: 36,674 User: 3,272
|
QUOTE(Doctor Blind @ May 11 2020, 05:29 PM) 0.00% - the increase was only 2/10000's of a percent, or 0.0002%. How we compared to the world in Q4: So we haven't avoided being in recession already simply because of rounding. |
|
|
|
|
13th May 2020, 08:51 AM
Post
#485
|
|
|
Queen of Soon
Joined: 24 May 2007
Posts: 74,084 User: 3,474
|
Q1 UK confirmed this morning as -2%. Data suggests the economy was already in trouble before corona hit
|
|
|
|
|
13th May 2020, 10:14 PM
Post
#486
|
|
|
#38BBE0 otherwise known as 'sky blue'
Joined: 27 October 2008
Posts: 16,171 User: 7,561
|
QUOTE(Quarantilas @ May 13 2020, 09:51 AM) Q1 UK confirmed this morning as -2%. Data suggests the economy was already in trouble before corona hit −5.8% for March alone. The total decline in the Financial Crisis of 2008/2009 was around 6%.. this 5.8% decline was for one month which included around a week of total lockdown, a record breaking fall but worse is to come in Q2, much worse. |
|
|
|
|
14th May 2020, 12:10 PM
Post
#487
|
|
 Shakin Stevens
Joined: 29 December 2007
Posts: 46,154 User: 5,138
  |
It'll be like minus 25 by July
|
|
|
|
|
15th May 2020, 09:56 AM
Post
#488
|
|
|
Queen of Soon
Joined: 24 May 2007
Posts: 74,084 User: 3,474
|
DE Q1 is out now and is a fall in GDP of -2.2% and we locked down earlier than the UK did. 0% growth in Q4 2019 was revised to a contraction of -0.1% meaning that like France, Germany is also now in recession.
|
|
|
|
|
15th May 2020, 12:14 PM
Post
#489
|
|
|
Bitch of t seet
Joined: 2 April 2012
Posts: 27,395 User: 16,660
  |
The Dutch economy was actually growing until the first half of march after which it has collapsed and ended the first quarter on a -1.7%
|
|
|
|
|
12th June 2020, 06:45 AM
Post
#490
|
|
|
Cœur poids plume
Joined: 3 November 2007
Posts: 18,129 User: 4,718
   |
-20% in a month.
The UK economy is now smaller than it was in 2002. |
|
|
|
|
12th August 2020, 08:40 PM
Post
#491
|
|
|
BuzzJack Gold Member
Joined: 25 July 2016
Posts: 4,364 User: 23,471
   |
The least surprising news of the day, and of course Rishi Sunak had to spread some misinformation for the government. It's hard not to feel a little hopeless with furlough coming to an end and Brexit on the horizon. |
|
|
|
|
12th August 2020, 11:59 PM
Post
#492
|
|
|
#38BBE0 otherwise known as 'sky blue'
Joined: 27 October 2008
Posts: 16,171 User: 7,561
|
QUOTE(Steve201 @ May 14 2020, 01:10 PM) It'll be like minus 25 by July You shouldn't apply for a job at the Bank of England any time with that prediction Steve, far too accurate! The scale of the fall was expected, the crucial period will be the next 6-12 months to see how fast we can recover the loss, and perhaps more importantly whether we suffer further losses from the move from the transition period in January 2021. |
|
|
|
|
13th August 2020, 12:03 AM
Post
#493
|
|
|
Shakin Stevens
Joined: 29 December 2007
Posts: 46,154 User: 5,138
|
Really random luck there from me lol
|
|
|
|
|
5th February 2021, 02:12 PM
Post
#494
|
|
|
BuzzJack Gold Member
Joined: 25 July 2016
Posts: 4,364 User: 23,471
|
It's going to be interesting to follow this over the next few years. Do we expect everyone to come flooding back when service and office jobs are needed? How is the housing market looking? I certainly didn't expect to leave London (or the UK), but Brexit and Covid combined were the perfect concoction. |
|
|
|
|
5th February 2021, 02:55 PM
Post
#495
|
|
|
BuzzJack Platinum Member
Joined: 21 November 2009
Posts: 8,557 User: 10,030
  |
QUOTE(blacksquare @ Feb 5 2021, 02:12 PM) It's going to be interesting to follow this over the next few years. Do we expect everyone to come flooding back when service and office jobs are needed? How is the housing market looking? I certainly didn't expect to leave London (or the UK), but Brexit and Covid combined were the perfect concoction. I can see a lot of people coming back once the service sector is back up and running. Although it'll likely be a couple years before tourism returns to London at the levels seen before the pandemic. I'm hoping with less offices being needed that a lot of them may be converted to housing. However, I doubt it'll have much impact on house prices in London unfortuantely. A lot of investors will just keep their housing stock until demand comes back/prices increase. Rents have been falling recently though, but again I can't see that lasting long. |
|
|
|
|
5th February 2021, 04:45 PM
Post
#496
|
|
|
Queen of Soon
Joined: 24 May 2007
Posts: 74,084 User: 3,474
|
I never understood why people flocked to London in the first place to be honest. Manchester is a much more liveable city with the majority of the benefits. And if you really want a capital, pre-Brexit there was plenty of chances to live in Paris, Madrid, Berlin, Prague, Stockholm etc.
Where did you end up brexiting to Blacksquare? |
|
|
|
|
7th February 2021, 09:44 AM
Post
#497
|
|
|
BuzzJack Legend
Joined: 18 July 2012
Posts: 22,833 User: 17,376
 |
https://www.theguardian.com/politics/2021/f...obox=1612645802
Hmmm here's a thing. Either Road Hauliers are lying - though not quite sure what their motivation to lie would be - or Michael Gove is lying. I know what his motivation is: "Brexit will be an enormous success and we don't need to listen to experts and project Fear" |
|
|
|
|
23rd February 2021, 01:13 PM
Post
#498
|
|
|
BuzzJack Gold Member
Joined: 25 July 2016
Posts: 4,364 User: 23,471
|
QUOTE(Quarantilas @ Feb 5 2021, 05:45 PM) I never understood why people flocked to London in the first place to be honest. Manchester is a much more liveable city with the majority of the benefits. And if you really want a capital, pre-Brexit there was plenty of chances to live in Paris, Madrid, Berlin, Prague, Stockholm etc. Where did you end up brexiting to Blacksquare? Copenhagen! I wanted a healthier work-life balance, being in London during lockdown made me utterly miserable, and fortunately have a lot of business here and in Stockholm. I'm happier with the idea of London just being somewhere I go to for work... This post has been edited by blacksquare: 23rd February 2021, 01:20 PM |
|
|
|
|
23rd February 2021, 01:57 PM
Post
#499
|
|
|
Queen of Soon
Joined: 24 May 2007
Posts: 74,084 User: 3,474
|
Aaah that’s amazing! Copenhagen is a great city!! How have you found settling in with the lockdown restrictions
I can understand why you’ve made that decision. Work/Life balance was a major driver in Berlin for me (the other being it’s where I had an inter-network job offer from) as well. Lockdown means it’s not exactly gone to plan but zero regrets. |
|
|
|
|
24th February 2021, 10:13 AM
Post
#500
|
|
|
Shakin Stevens
Joined: 29 December 2007
Posts: 46,154 User: 5,138
|
Is it not 10 quid a pint in Copenhagen?
|
|
|
|
|
| Time is now: 25th April 2024, 07:55 PM |
Copyright © 2006 - 2024 BuzzJack.com
About | Contact | Advertise | Privacy Policy | Terms of Service
