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I’m not very well today but give me a nudge over the weekend.
I can point out, for instance glaring and worrying errors such as NEW foreign investment (ie excl that previously agreed) is down 90% on 2016-17.
unctad.org/en/Publication…
I can point out, for instance glaring and worrying errors such as NEW foreign investment (ie excl that previously agreed) is down 90% on 2016-17.
unctad.org/en/Publication…
3/. Office of National Statistics data. Q1 = 0.1% GDP.
Snow only limited effect. One might expect. Slow down in car sales before the new Ref to have some effect. Can’t explain this.
news.sky.com/story/the-obvi…
Snow only limited effect. One might expect. Slow down in car sales before the new Ref to have some effect. Can’t explain this.
news.sky.com/story/the-obvi…
4/ Jonathan Portes: Global Futures.
Brexit best case: £615 million a week
That's £88 per household per month
Equivalent to:
13% tax increase, or...
46% cut to education, or...
23% cut to NHS, or...
81% cut to military, or...
12% cut to pensions
Best case. Best.
Brexit best case: £615 million a week
That's £88 per household per month
Equivalent to:
13% tax increase, or...
46% cut to education, or...
23% cut to NHS, or...
81% cut to military, or...
12% cut to pensions
Best case. Best.
5/. This is a twitter thread from the ONS about the Q1 data...Pretty succinct.
6/. businessinsider.com/uk-credit-impu…
The amount of new credit issued in the UK suddenly went sharply -ve in Q1,
Consumers also abruptly increased their repayments of loans.
Together, the two spikes - 1 down, 1 up- send a worrying signal that British consumers are afraid of what's ahead.
The amount of new credit issued in the UK suddenly went sharply -ve in Q1,
Consumers also abruptly increased their repayments of loans.
Together, the two spikes - 1 down, 1 up- send a worrying signal that British consumers are afraid of what's ahead.
7/. Politicians should be v worried about that market. Pantheon Macroeconomics = accurate predictor of GE outcomes (inc last...more accurate than polling). When Consumer confidence low as now then this heralds a government change.
Lower now than in GE17.
Lower now than in GE17.
8/ “Since the Brexit referendum real household disposable income per head is up 1.8% in the EU, up 1.3% in OECD countries but DOWN 0.3% in the UK.
Biggest fall of any developed economy, including Greece.
thetimes.co.uk/article/govern…
Biggest fall of any developed economy, including Greece.
thetimes.co.uk/article/govern…
