UK Economy

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ShaunWhite
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Archery1969 wrote:
Fri Sep 30, 2022 12:43 pm
Pound has rallied and recovered to level before mini budget announcement last week.
I'm glad you've made a few bucks but I think only #11 could describe it as pre-minibudget levels :)
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Archery1969
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ShaunWhite wrote:
Fri Sep 30, 2022 1:20 pm
Archery1969 wrote:
Fri Sep 30, 2022 12:43 pm
Pound has rallied and recovered to level before mini budget announcement last week.
I'm glad you've made a few bucks but I think only #11 could describe it as pre-minibudget levels :)
Screenshot_20220930_131527.jpg
I meant it’s higher than it was on 22nd. Day before the announcement. :)
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Archangel
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Perhaps Liz Truss should just stop doing interviews at this point
Archery1969
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Gove to take revenge against Truss for making him homeless and vote against tax cuts.

🤣
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Archangel
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British Gas clarifying things that the Prime Minister won't
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Kai
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Well orange you cute, giving a serious interview while being carried away like a toddler :lol: : https://twitter.com/benphillips76/statu ... 7929479170
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Derek27
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Kai wrote:
Tue Oct 04, 2022 1:59 pm
Well orange you cute, giving a serious interview while being carried away like a toddler :lol: : https://twitter.com/benphillips76/statu ... 7929479170
They should have put a bag over her head.
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Archangel
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Trussenomics

She still hasn't said where she's getting the money for her growth package. God knows what they plan to cut
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Derek27
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I would define Trussenomics as a wishful and fantasy economic plan devoid of logic, reasoning and justification.
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napshnap
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Kai wrote:
Tue Oct 04, 2022 1:59 pm
Well orange you cute, giving a serious interview while being carried away like a toddler :lol: : https://twitter.com/benphillips76/statu ... 7929479170
Comments: "Keep calm and be carried off")
Emmson
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:!:
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Archangel
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Fitch: Deeper UK recession now likely as interest rates rise faster

Credit rating agency Fitch has warned that the UK faces a deeper recession than previously forecast.

Fitch, which last week cut the outlook on the UK to ‘negative’, has now predicted that the UK GDP will shrink by 1% in 2023, following the “extreme volatility in UK financial markets and the prospect of sharply higher interest rates.”

Last month, Fitch had forecast a drop of -0.2% of GDP next year.

Fitch has warned that rising funding costs, tighter financing conditions (including for mortage borrowers) and increased uncertainty will outweigh the impact of the government’s tax cuts next year.

Fitch sees the economy entering recession from 4Q22 as “rapid rate rises compound the impact of the energy crisis and the contraction in the eurozone”.
greenmark
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is it sensible to release details of the government plans for growth on Halloween?
It's just asking for the media to wade in.
This lot seem to be either dim or manipulating an irretrievable position.
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Derek27
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greenmark wrote:
Mon Oct 10, 2022 8:56 pm
is it sensible to release details of the government plans for growth on Halloween?
It's just asking for the media to wade in.
This lot seem to be either dim or manipulating an irretrievable position.
Couldn't be a more appropriate time for an announcement. Adults don't get frightened of the usual Halloween props, but an announcement of government plans will scare the crap out of all of us. :lol:
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Archangel
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Liz Truss is Prime Minister
Happy Halloween 🎃
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