Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 What are you on about? Due to lower borrowing costs the governments estimates for repayments have reduced, giving them an extra £18 billion to play with (approx). Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 Honestly, can't make head nor tail out of this either. Did you understand Gemmill's post, honestly? Very clearly thanks. Link to comment Share on other sites More sharing options...
Dr Gloom 22185 Posted September 7, 2016 Share Posted September 7, 2016 tl;dr version - "oh good, several more months of this thread" pretty much. Link to comment Share on other sites More sharing options...
ewerk 31225 Posted September 7, 2016 Share Posted September 7, 2016 Due to lower borrowing costs the governments estimates for repayments have reduced, giving them an extra £18 billion to play with (approx). Link? And surely that'll go to paying down the debt as that's priority number 1, 2 and 3. Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 sorry, i read the FT every day and this requires a subscription. the piece says both the treasury and BoE will both have a close eye on economic surveys but won't come to conclusions about the direction of the economy until they have hard data on spending. key takeways: - retail sales have held up but only account for about 30 per cent of household consumption. what economists want to know is whether consumers are still prepared to buy bigger things, like cars and homes. house price data and new car registrations (one of the first things to slow during an economic downturn) are out at the end of the month - sterling plummeting has increased the cost of imported materials. by early October, there will be two months of industrial production data. - our service sector accounts for nearly 80 per cent of the economy. It also contains some of the sectors, like financial services, that are expected to be most exposed by changes to our relationship with the EU. official data are only available with a two-month lag so it will be the end of September until the picture there is clear - the first official figures on business investment, one of the most important data sets after the vote, won't be published until the end of November. You don't need all that malarkey. I've told you, it's all going to be fine. Gemmills holiday plans alone tell you all you need to know about the middle classes spending intentions. Anyway, thanks for posting. Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 Link? And surely that'll go to paying down the debt as that's priority number 1, 2 and 3. Find your own and not any more. That was Georges plan. There's a new sherrif in town. Link to comment Share on other sites More sharing options...
Gemmill 46088 Posted September 7, 2016 Share Posted September 7, 2016 You don't need all that malarkey. I've told you, it's all going to be fine. Gemmills holiday plans alone tell you all you need to know about the middle classes spending intentions. [emoji38] Anyway, thanks for posting. Upper middle class, please. Link to comment Share on other sites More sharing options...
ewerk 31225 Posted September 7, 2016 Share Posted September 7, 2016 Find your own and not any more. I find it strange that you're in possession of knowledge that no one else appears to be. Support your claims with a link. Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 Upper middle class, please. Sorry Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 I find it strange that you're in possession of knowledge that no one else appears to be. Thought you would be used to it by now. Maybe if you read a decent newspaper or visited a decent news site, you wouldn't be so behind the curve. Link to comment Share on other sites More sharing options...
Gemmill 46088 Posted September 7, 2016 Share Posted September 7, 2016 Thought you would be used to it by now. Maybe if you read a decent newspaper or visited a decent news site, you wouldn't be so behind the cone. Link to comment Share on other sites More sharing options...
Alex 35614 Posted September 7, 2016 Share Posted September 7, 2016 Link to comment Share on other sites More sharing options...
ewerk 31225 Posted September 7, 2016 Share Posted September 7, 2016 Link to comment Share on other sites More sharing options...
Gemmill 46088 Posted September 7, 2016 Share Posted September 7, 2016 Due to lower borrowing costs the governments estimates for repayments have reduced, giving them an extra £18 billion to play with (approx). http://www.telegraph.co.uk/business/2016/09/07/brexit-blows-15bn-hole-in-public-finances-says-new-watchdog/ "....gives an early indication of the potential black hole faced by new Chancellor Philip Hammond when he gives his Autumn Statement mini-budget later this year." That's a £15bn shortfall not an £18bn "(approx)" [emoji38] bonanza. Question is whether I should believe the former deputy governor of the bank of England and professor at LSE or the taxi driver from Boldon. Link to comment Share on other sites More sharing options...
Dr Gloom 22185 Posted September 7, 2016 Share Posted September 7, 2016 stay ahead of the cone Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 http://www.telegraph.co.uk/business/2016/09/07/brexit-blows-15bn-hole-in-public-finances-says-new-watchdog/ "....gives an early indication of the potential black hole faced by new Chancellor Philip Hammond when he gives his Autumn Statement mini-budget later this year." That's a £15bn shortfall not an £18bn "(approx)" [emoji38] bonanza. Question is whether I should believe the former deputy governor of the bank of England and professor at LSE or the taxi driver from Boldon. Upto you Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 http://www.telegraph.co.uk/business/2016/09/07/brexit-blows-15bn-hole-in-public-finances-says-new-watchdog/ "....gives an early indication of the potential black hole faced by new Chancellor Philip Hammond when he gives his Autumn Statement mini-budget later this year." That's a £15bn shortfall not an £18bn "(approx)" [emoji38] bonanza. Question is whether I should believe the former deputy governor of the bank of England and professor at LSE or the taxi driver from Boldon. Up to you. This is the guy who in May, gave the seal of approval to the treasuries forecast of a year long recession following a vote to leave. If I was you I'd stick with me. NB: the £18,000,000 is a given due to the change in rates. His shortfall is another what might be the case IF we have a slowdown and if certain other things happen". Nice to see you reading the Torygraph though Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 stay ahead of the cone He has his own. Link to comment Share on other sites More sharing options...
ewerk 31225 Posted September 7, 2016 Share Posted September 7, 2016 Up to you. This is the guy who in May, gave the seal of approval to the treasuries forecast of a year long recession following a vote to leave. If I was you I'd stick with me. NB: the £18,000,000 is a given due to the change in rates. His shortfall is another what might be the case IF we have a slowdown and if certain other things happen". Nice to see you reading the Torygraph though Link to comment Share on other sites More sharing options...
Meenzer 15737 Posted September 7, 2016 Share Posted September 7, 2016 Well he did say "(approx)"... Link to comment Share on other sites More sharing options...
Christmas Tree 4851 Posted September 7, 2016 Author Share Posted September 7, 2016 Pedantic fuckers Link to comment Share on other sites More sharing options...
ewerk 31225 Posted September 8, 2016 Share Posted September 8, 2016 Louise Mensch there, responding to a tweet about Fabric shutting... Link to comment Share on other sites More sharing options...
Alex 35614 Posted September 8, 2016 Share Posted September 8, 2016 Link to comment Share on other sites More sharing options...
Dr Gloom 22185 Posted September 8, 2016 Share Posted September 8, 2016 clive martin is funny as fuck. loved his big night out series of videos on vice. mensch is a massive tit Link to comment Share on other sites More sharing options...
ewerk 31225 Posted September 19, 2016 Share Posted September 19, 2016 Just on passporting as mentioned by Renton, if the fuckwits who negotiate don't get that then I'm afraid the UK will be fucked completely. I know I'm an insider quisling on this but the cost of lost jobs and tax receipts from the city would be monumentally damaging. http://www.bbc.co.uk/news/business-37405430 Link to comment Share on other sites More sharing options...
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