­
Welcome, Guest
Username: Password: Remember me

TOPIC: The UK looks like it's slipping toward recession

The UK looks like it's slipping toward recession 24 Nov 2017 07:57 #5024

  • Paul-UB40
  • Paul-UB40's Avatar
  • OFFLINE
  • Moderator
  • Posts: 1215
  • Thank you received: 664
In My View 2017 is Year 9 of The Great British Recession that Started back in 2008 and
Has been getting worse ever since;
If I am correct the Charts in the link below show that things are going to get a hell of a lot Worse. :angry:


The UK looks like it's slipping toward recession
Sep. 10, 2017, Jim Edwards

LONDON — The chart below is the most worrying one in British economics right now: It shows a country slipping toward recession, a contraction that looks set to arrive in 2018 or 2019, just as Britain exits the EU.

The graph — from IHS Markit — shows sequential UK GDP growth on top of the purchasing managers' index (PMI), which tracks the intent of business executives who make corporate buying decisions. The two measures move in rough parallel.

Right now, growth in both is collapsing:

Read More & Charts Here;

uk.businessinsider.com/uk-consumer-spending-decline-2017-9
Been a Few Places; Done a Few Things
The administrator has disabled public write access.

The UK looks like it's slipping toward recession 24 Nov 2017 12:20 #5030

  • jobber
  • jobber's Avatar
  • OFFLINE
  • Platinum Member
  • Posts: 363
  • Thank you received: 542
imho it never came out of one Paul.

Economically most of the jobs created are in very low skill sector temp to permanent with most still having to claim benefits cos wages are so low along with the greedy pig club at these multi million pound businesses and some in the billions paying bugger all in tax :evil: .
The administrator has disabled public write access.
The following user(s) said Thank You: Paul-UB40

The UK looks like it's slipping toward recession 24 Nov 2017 12:36 #5032

  • comply or die
  • comply or die's Avatar
  • OFFLINE
  • Platinum Member
  • Posts: 1127
  • Thank you received: 1037
In my opinion work only pays if you earn good full time wages a month and can have a work/life balance. That`s virtually unheard of now for anyone who isn`t a businessman/woman or a professional person. Universal Credit is changes lives is it? In what way? I`d love to see examples of it.....but wait.....there are NONE. :angry:
The administrator has disabled public write access.
The following user(s) said Thank You: Paul-UB40
­