Another new Brexit thread

[Ban-jani]

The ONS? I used data from the very same source and was told it was a stooge of the government.
Here's some data on that EU powerhouse, Germany.

https://www.focus-economics.com/countries/germany
https://www.express.co.uk/news/worl...-Merkel-Olaf-Scholz-eurozone-Mario-Draghi-ECB

Whataboutism.

 

[Mazzarelli's Swiss Cheese]

Conversely the previous growth in economic activity which was trumpeted by the Brexiteers as proof that Project Fear was bollocks was simply the additional manufacturing to do the stockpiling in the first place. The reality is that our GDP growth has fallen from near the top of the EU table to near the bottom since the vote.

Its a good job we don't have decent economic growth. Last time we had the temerity to do so in 2014 the EU demanded a further £1.7bn from us by the end of the year on top of the £39bn to compensate the other EU nations - a sort of success fine if you like.

 

[Vic]

Blame it on Brown's Labour government................?

And we won't have Gordon Brown to save the world this time round.

 

[BobKowalski]

The ONS? I used data from the very same source and was told it was a stooge of the government.
Here's some data on that EU powerhouse, Germany.

https://www.focus-economics.com/countries/germany
https://www.express.co.uk/news/worl...-Merkel-Olaf-Scholz-eurozone-Mario-Draghi-ECB

Thanks for that. I’ll pass it onto friends in Germany as the German media never prints economic news.

 

[Vic]

That would get you half a days positive coverage before we switch back to the endless stream of negativity - real time stories coming out of all sectors of the economy who just can't continue and make a profit, how long do they go before they shut the factory/plant/lab/shop/farm gates...

Major food retailer this morning made it clear that "preparing for No Deal" means their financial duty is to the shareholders not the government nor the consumer, so their preparations will not be primarily aimed at keeping food on shelves (and absorbing extra warehouse costs) but sacking staff if turnover slumps or costs rise.

 

[BobKowalski]

0.2% hey?

I'll start looking up recipes for dog soup.

I would suggest Korean recipes as a good place to start.

 

[Ban-jani]

Its a good job we don't have decent economic growth. Last time we had the temerity to do so in 2014 the EU demanded a further £1.7bn from us by the end of the year on top of the £39bn to compensate the other EU nations - a sort of success fine if you like.

If only there was a membership somewhere that could allow us to have decent economic growth.

 

[Damocles]

I would suggest Korean recipes as a good place to start.

That's racist Bob.

 

[Vic]

I think you’ll find that the 1/5th of one percent contraction is due simply to fact the companies who stockpiled previously didn’t need to resupply for the following months.

Yep. Stockpiling is all that's kept us out of recession this last year. Now it's not that they don't need to resupply, it's that there's nowhere to store the bloody stuff.

 

[BobKowalski]

I’m not a socialist.
I can Google stuff myself, I’m neither too lazy to do it nor require other people to do it for me.

In that case I suggest you get other people to at least explain the articles you manage to look up. I can’t be doing it all the time.

 

[Ancient Citizen]

Thanks for that. I’ll pass it onto friends in Germany as the German media never prints economic news.

Thanks for quoting the ONS, I'm glad I'm not the only one who knows they're impartial.

 

[Damocles]

I’m not a socialist.
I can Google stuff myself, I’m neither too lazy to do it nor require other people to do it for me.

That's always the most prevalent trait in socialists I find. I mean say what you want about Bevan but the guy never Googled anything in his life the lazy git

 

[cibaman]

Major food retailer this morning made it clear that "preparing for No Deal" means their financial duty is to the shareholders not the government nor the consumer, so their preparations will not be primarily aimed at keeping food on shelves (and absorbing extra warehouse costs) but sacking staff if turnover slumps or costs rise.

Although if say Tesco are pictured with rows of empty shelves, whereas say Sainsbury’s are reasonably well stocked, that would be a massive marketing coup for Sainsbury’s.

The ability to keep shelves reasonably well stocked would surely be perceived by shoppers as being a good indicator as to how efficient that store is?

 

[Damocles]

Although if say Tesco are pictured with rows of empty shelves, whereas say Sainsbury’s are reasonably well stocked, that would be a massive marketing coup for Sainsbury’s.

The ability to keep shelves reasonably well stocked would surely be perceived by shoppers as being a good indicator as to how efficient that store is?

Do people really think we're going to run out of food because we are leaving a trading union?

Did they stop taking cash or something?

 

[Vic]

Although if say Tesco are pictured with rows of empty shelves, whereas say Sainsbury’s are reasonably well stocked, that would be a massive marketing coup for Sainsbury’s.

The ability to keep shelves reasonably well stocked would surely be perceived by shoppers as being a good indicator as to how efficient that store is?

Does that explain why major food retailers want the government to suspend competition laws so they can cooperate on supplying essentials? I've not quite followed the story but sharing distribution costs between the big boys may be seen as unfair competition to new entrants.

 

[lust overlord]

Although if say Tesco are pictured with rows of empty shelves, whereas say Sainsbury’s are reasonably well stocked, that would be a massive marketing coup for Sainsbury’s.

The ability to keep shelves reasonably well stocked would surely be perceived by shoppers as being a good indicator as to how efficient that store is?

They'll have sorted their range out beforehand,some items will be dropped due to price etc.
Most shortages will be due to panic buying anyhow,sooner or later it'll normalise albeit with reduced ranges, probably.

 

[Ancient Citizen]

Do people really think we're going to run out of food because we are leaving a trading union?

Did they stop taking cash or something?

Plenty do, as a look in here will confirm.

 

[gordondaviesmoustache]

Almost certain to be in official recession when the next results are announced early November. As I have said many times - what on earth do tory strategists come up with when they play this forward. If we crash out in October and we go straight into a recession how do they spin that...

"We've taken back control!"

 

[Damocles]

Does that explain why major food retailers want the government to suspend competition laws so they can cooperate on supplying essentials? I've not quite followed the story but sharing distribution costs between the big boys may be seen as unfair competition to new entrants.

I'd argue that it's more likely that billion pound multi national corporations are attempting to exploit this panic in order to circumvent exists anti-monopoly laws rather than having some sort of deep concern for the British people and their supply of salami slices. But I'm the cynical type.

 

[smudgedj]

Major food retailer this morning made it clear that "preparing for No Deal" means their financial duty is to the shareholders not the government nor the consumer, so their preparations will not be primarily aimed at keeping food on shelves (and absorbing extra warehouse costs) but sacking staff if turnover slumps or costs rise.

Got a link?

Asking for a friend.