Brexit watch

Started by Nick, October 20, 2016, 17:02:39 pm

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Slim

Yes, that is rather good news.

NeilP

Quote from: Slim on January 03, 2017, 12:44:33 pm
http://www.telegraph.co.uk/news/2016/12/30/britain-has-secured-15billion-extra-foreign-investment-since/

The Department for International Trade has attracted over £15 billion of foreign investment to the UK since the Brexit vote. Good times.



so £12Bn of that is from a European company (Denmark) for renewable energy projects by 2020 and £2.5bn from China for 25,000 modular homes.... do these sort of deals normally go on or are they because of the Referendum result?

döm

Quote from: NeilP on January 03, 2017, 17:15:04 pm

so £12Bn of that is from a European company (Denmark) for renewable energy projects by 2020 and £2.5bn from China for 25,000 modular homes.... do these sort of deals normally go on or are they because of the Referendum result?



The Daily Telegraph is transforming to the Daily Express before our eyes.  Amazing how Brexit can bring the worst out of people
You can check out any time you like but you can never leave!

döm

Quote from: Slim on January 03, 2017, 17:07:23 pm
Yes, that is rather good news.



By all accounts the man has an encylopedic knowledge of the EU and its institutions and is closely connected to the movers and shakers.  I suppose that qualifies him as an expert and we all know the country is better run without them getting involved
You can check out any time you like but you can never leave!

DavidL

Quote from: döm on January 03, 2017, 22:45:04 pm

By all accounts the man has an encylopedic knowledge of the EU and its institutions and is closely connected to the movers and shakers.  I suppose that qualifies him as an expert and we all know the country is better run without them getting involved
The man played a large part in Cameron's hopeless pre-referendum negotiations with the EU (where he secured absolutely zilch). If he was a 'good' negotiator we'd probably not be leaving the EU. Good riddance to the pessimistic doom monger.

DavidL

January 09, 2017, 00:22:46 am #410 Last Edit: January 09, 2017, 07:18:12 am by DavidL
Quote from: döm on January 03, 2017, 22:38:21 pm

The Daily Telegraph is transforming to the Daily Express before our eyes.  Amazing how Brexit can bring the worst out of people
;D   Classic 'Remoaning'.
Stick to The Guardian to preserve your faith in humanity ;)

döm

Quote from: DavidL on January 09, 2017, 00:22:46 am
;D   Classic 'Remoaning'.
Stick to The Guardian to preserve your faith in humanity ;)



Well I think we're all probably guilty of going to sources to that tell us our World view is correct. That article from the Telegraph was horribly misleading though.
You can check out any time you like but you can never leave!

DavidL

January 11, 2017, 10:53:53 am #412 Last Edit: January 11, 2017, 11:24:53 am by DavidL
LA-based social media company, Snapchat, to set up an HQ in London, from where it will conduct all international business.
Survey by The Federation of Small Businesses indicated confidence among its members is now at its highest since the referendum. Increasing confidence reflecting the fact that the UK ended 2016 with the fastest growing economy in the G7.
FTSE 100 finished the day on another high after a record-breaking nine-day run.
The incoming US administration appears to want to quickly conclude a trade deal with the U.K., rather than place it at the 'back of the queue', as suggested by the bullshitting Obama.
"There's nothing to fear but fear itself" as John Redwood, FDR and Neil Peart would put it.

NeilP

just wait til A50 is triggered, the FTSE will be a brave market then

DavidL

Data released today from the ONS for November show a mixed picture.
Trade deficit gap widens to £600m more than predicted (causing new pressures on sterling). Exports at record levels but imports sharply up too.
Construction growth down 0.2% (although house building continues to grow)
On the positive side, manufacturing grew to a, better than expected, 1.3%

"There may be trouble ahead....."

DavidL

Quote from: NeilP on January 11, 2017, 13:57:26 pm
just wait til A50 is triggered, the FTSE will be a brave market then
I don't understand why that would be. That is just a 'notional' point at which negotiations are officially started. The market knows when it will be so I'm sure it is 'built-in' to the prices.

NeilP

the FTSE 100 simply shows current performance, 80% of the Companies that contribute deal in dollars, the weak pound is the reason behind its recent significant rise

DavidL

Quote from: NeilP on January 13, 2017, 00:38:18 am
the FTSE 100 simply shows current performance, 80% of the Companies that contribute deal in dollars, the weak pound is the reason behind its recent significant rise
The index is built on sentiment as much as fundamentals.

Slim

Quote from: döm on January 03, 2017, 22:38:21 pm

The Daily Telegraph is transforming to the Daily Express before our eyes.  Amazing how Brexit can bring the worst out of people


Come Dom, you're saying nothing. In any case there are considerably worse newspapers than the Telegraph - the Mirror, the Guardian for example.

Slim

Quote from: döm on January 09, 2017, 09:13:08 am

Well I think we're all probably guilty of going to sources to that tell us our World view is correct. That article from the Telegraph was horribly misleading though.


Could you explain how it misled?