LIVESTOCK Britain's economy shrank 0.2 percent in the second quarter of 2019, compared to forecasts that had pointed to stagnation and following a 0.5 percent growth in the previous three-month period, a preliminary estimate showed. https://tradingeconomics.com/united-kingdom/gdp-growth
UK manufacturers recorded their worst month in seven years in August, as “immensely feeble” figures showed activity shrank for a fourth month in a row.
A widely watched index on manufacturing performance across Britain showed a reading of 47.4 for August, down from 48 in July and its lowest since mid-2012.
New orders plunged at the fastest rate in more than seven years, while business confidence fell to a record low in a sector-wide survey. Reported employment levels also dropped sharply.
“Ongoing global trade tensions, slower world economic growth and Brexit uncertainty were all mentioned by manufacturers as factors contributing to reduced overseas demand,” according to the latest manufacturing purchasing managers’ index.
READ MORE: UK manufacturing suffers worst drop in seven years in July
RE: Someone posted this for LTI over on LLOY...1 Sep 2019 16:42
Howdy m8.....I always know it's you on LLOYS when I check & see your GFRD posts Interesting times....mmmmm....but bad for the markets and our investments. Gold shares are the only game in town imo Have a look at CEY SHG TSG AAZ...all solid decent gold miners producing miners with little or no debt....that I've invested in Gold at a 6 yr high btw https://www.bullionvault.com/gold-price-chart.do ATVB in sunny Spain.....Madrid ?
NEWBOY Exactly our EU negotiations were constrained by the ERG and DUP multiples redlines. Making the WA even more amazing as it doesn't cross any red lines.
Freedom of movement will still continue through an open Irish border Remember.......TAKE BACK CONTROL........lo!