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"All I'm hearing, as a working man is mass redundancy in April and inflation to go up as costs are past on ... Construction workers/companies are already putting the self employed model more enticing, rather then be on the company books." Also construction/refurbishment, small team of five inc myself. Definitely a lot easier getting other trades in at shorter notice. With the 1.5 million new homes to be built I would have thought the industry flat out but that is not the case. Joiners wife is new build sales and all I hear is slow slow slow and developer not starting new sites or new plots. Ground works v quiet. | |||
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"All I'm hearing, as a working man is mass redundancy in April and inflation to go up as costs are past on ... Construction workers/companies are already putting the self employed model more enticing, rather then be on the company books. Also construction/refurbishment, small team of five inc myself. Definitely a lot easier getting other trades in at shorter notice. With the 1.5 million new homes to be built I would have thought the industry flat out but that is not the case. Joiners wife is new build sales and all I hear is slow slow slow and developer not starting new sites or new plots. Ground works v quiet. " They can't do it as cant get the supplies and skills, hs2 has caused supplies to rocket, so again costs have to be past on .... if only we had a government who had experience of running a business 🤔 | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup." How can we be out performing our EU counterparts, if Brexit is so damaging to the UK? | |||
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"The IMF forecasts are consistently terrible ! " Have they ever got one right? | |||
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"The IMF forecasts are consistently terrible ! Have they ever got one right?" Not sure but their record regarding UK is awful, worse than the useless OBR. | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK?" Yet our Productivity is dire in comparison to the other likes France? Higher productivity, higher wages… | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK? Yet our Productivity is dire in comparison to the other likes France? Higher productivity, higher wages…" UK productivity has always been poor. Brexit is done, we need to start building on what we have and utilising some of its benefits. | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK? Yet our Productivity is dire in comparison to the other likes France? Higher productivity, higher wages… UK productivity has always been poor. Brexit is done, we need to start building on what we have and utilising some of its benefits. " Brexit was the worst act of self harm, in peace time, that any modern country has inflicted upon itself. The sooner politicians tell the public this, the sooner we can start to repair the damage. | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK? Yet our Productivity is dire in comparison to the other likes France? Higher productivity, higher wages… UK productivity has always been poor. Brexit is done, we need to start building on what we have and utilising some of its benefits. Brexit was the worst act of self harm, in peace time, that any modern country has inflicted upon itself. The sooner politicians tell the public this, the sooner we can start to repair the damage." Why do you think this needs politicians to say this for the country to move on? It is done and we need to start using the liberty it affords to create better outcomes, rather than the continuous sulking. No wonder we have such poor a productivity output, too busy moaning about things we can't change...  | |||
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"Inflation down and the UK economy expected to grow by 1.6% in 2025, up from an earlier forecast of 1.5%. The IMF judged that Labour’s increase in investment spending, improved household finances and a series of interest rate cuts by the Bank of England would give the UK economy a lift this year. UK growth for 2024 was downgraded however to 0.9% from a previous forecast of 1.1%. The UK upgrade for this year was in contrast to the eurozone, where the IMF revised down its forecasts for growth in 2025 in Germany, France and Italy. Analysts at the IMF said they believed the Bank of England would cut interest rates four times this year, reducing the headline rate from 4.75% to 3.75%. This is the brexit and reeves bounce we’ve been waiting for. " I hope things are improving but these first couple of years should see much bigger growth given the vast amounts of money the government are pumping in. Rising by 0.1% does not seem great, especially given that last year was downgraded by 0.2%. How much effect will the budget have when the changes happen in April is another concern | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK? Yet our Productivity is dire in comparison to the other likes France? Higher productivity, higher wages… UK productivity has always been poor. Brexit is done, we need to start building on what we have and utilising some of its benefits. Brexit was the worst act of self harm, in peace time, that any modern country has inflicted upon itself. The sooner politicians tell the public this, the sooner we can start to repair the damage. Why do you think this needs politicians to say this for the country to move on? It is done and we need to start using the liberty it affords to create better outcomes, rather than the continuous sulking. No wonder we have such poor a productivity output, too busy moaning about things we can't change... "Pointing out the obvious is not moaning. We can change it. We can admit it was a mistake and look at getting a closer arrangement or rejoining. Poor productivity is down to poor investment decisions by businesses over a period of years. | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK? Yet our Productivity is dire in comparison to the other likes France? Higher productivity, higher wages… UK productivity has always been poor. Brexit is done, we need to start building on what we have and utilising some of its benefits. Brexit was the worst act of self harm, in peace time, that any modern country has inflicted upon itself. The sooner politicians tell the public this, the sooner we can start to repair the damage. Why do you think this needs politicians to say this for the country to move on? It is done and we need to start using the liberty it affords to create better outcomes, rather than the continuous sulking. No wonder we have such poor a productivity output, too busy moaning about things we can't change...
Pointing out the obvious is not moaning.
We can change it.
We can admit it was a mistake and look at getting a closer arrangement or rejoining.
Poor productivity is down to poor investment decisions by businesses over a period of years.
"You want a confessional and flagellation ceremony, to cleanse the soul of the wrong voters, before we can move on. 
As for the businesses not investing equaling poor productivity, that is not the whole picture, you are smart enough to realise that only the socialists will cling onto that rope...
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"Why on earth would you want to rejoin? What would be the advantage? It can't be for exports. We always imported more from the EU than we exported to them. It can't be for financial stability. France has more debt than the UK and Germany is catching up. Least said about Greece the better. Better growth maybe? OK now under Rachel from complaints we've slipped back but before her even Britain's modest growth was outperforming most of the EU. Good government? When one of the two main EU economy's has a lame duck president and a new prime minister almost every month. While the other has a lame duck government heading for a Tory style wipe out next month. Why would we want to rejoin a bloc that 10 years on still can't sort out the migration mess? To be fair neither can the UK but the EU is doing no better. Lastly why on earth would anyone want to rejoin a bloc led by a former (failed) defence minister who sent her own troops on exercises with broomsticks as pretend guns? So you will save a 7 quid visa charge on your next week in Benidorm. Big deal. " I'm not 100% sure but believe that rejoining would not be compatible with the recent CPTPP membership. Would the UK have to leave it straight after joining? | |||
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"Why on earth would you want to rejoin? What would be the advantage? It can't be for exports. We always imported more from the EU than we exported to them. It can't be for financial stability. France has more debt than the UK and Germany is catching up. Least said about Greece the better. Better growth maybe? OK now under Rachel from complaints we've slipped back but before her even Britain's modest growth was outperforming most of the EU. Good government? When one of the two main EU economy's has a lame duck president and a new prime minister almost every month. While the other has a lame duck government heading for a Tory style wipe out next month. Why would we want to rejoin a bloc that 10 years on still can't sort out the migration mess? To be fair neither can the UK but the EU is doing no better. Lastly why on earth would anyone want to rejoin a bloc led by a former (failed) defence minister who sent her own troops on exercises with broomsticks as pretend guns? So you will save a 7 quid visa charge on your next week in Benidorm. Big deal. I'm not 100% sure but believe that rejoining would not be compatible with the recent CPTPP membership. Would the UK have to leave it straight after joining?" That is my understanding too...but the EU already has individual trade deals with most of the CPTPP nations (Mexico is soon to be approved). Personally; I don't think the UK should to accepted if they re-apply; the asks will be too much for UK to handle & current situation deal is working out fine for the EU... although I understand why some EU MSs want the UK back, such as for security | |||
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"Why on earth would you want to rejoin? What would be the advantage? It can't be for exports. We always imported more from the EU than we exported to them. It can't be for financial stability. France has more debt than the UK and Germany is catching up. Least said about Greece the better. Better growth maybe? OK now under Rachel from complaints we've slipped back but before her even Britain's modest growth was outperforming most of the EU. Good government? When one of the two main EU economy's has a lame duck president and a new prime minister almost every month. While the other has a lame duck government heading for a Tory style wipe out next month. Why would we want to rejoin a bloc that 10 years on still can't sort out the migration mess? To be fair neither can the UK but the EU is doing no better. Lastly why on earth would anyone want to rejoin a bloc led by a former (failed) defence minister who sent her own troops on exercises with broomsticks as pretend guns? So you will save a 7 quid visa charge on your next week in Benidorm. Big deal. I'm not 100% sure but believe that rejoining would not be compatible with the recent CPTPP membership. Would the UK have to leave it straight after joining? That is my understanding too...but the EU already has individual trade deals with most of the CPTPP nations (Mexico is soon to be approved). Personally; I don't think the UK should to accepted if they re-apply; the asks will be too much for UK to handle & current situation deal is working out fine for the EU... although I understand why some EU MSs want the UK back, such as for security " That's a good point about the EU might not accept the UK back. The UK also had deals with most CPTPP countries before membership as they were roll over EU deals. Apparently the membership, obviously includes all countries, but crucially now includes the services sector. On the original EU deals this was not covered and the UK being a service based economy makes this quite important. I also read on the bbc that the group is expanding not just in individual countries growth but since the UK accession, 7 other countries have started down the road of membership. It's not (at present) a replacement for the EU and doubt it will be but it means tariff free trade with the EU and the rapidly growing new club | |||
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"Why on earth would you want to rejoin? What would be the advantage? It can't be for exports. We always imported more from the EU than we exported to them. It can't be for financial stability. France has more debt than the UK and Germany is catching up. Least said about Greece the better. Better growth maybe? OK now under Rachel from complaints we've slipped back but before her even Britain's modest growth was outperforming most of the EU. Good government? When one of the two main EU economy's has a lame duck president and a new prime minister almost every month. While the other has a lame duck government heading for a Tory style wipe out next month. Why would we want to rejoin a bloc that 10 years on still can't sort out the migration mess? To be fair neither can the UK but the EU is doing no better. Lastly why on earth would anyone want to rejoin a bloc led by a former (failed) defence minister who sent her own troops on exercises with broomsticks as pretend guns? So you will save a 7 quid visa charge on your next week in Benidorm. Big deal. I'm not 100% sure but believe that rejoining would not be compatible with the recent CPTPP membership. Would the UK have to leave it straight after joining? That is my understanding too...but the EU already has individual trade deals with most of the CPTPP nations (Mexico is soon to be approved). Personally; I don't think the UK should to accepted if they re-apply; the asks will be too much for UK to handle & current situation deal is working out fine for the EU... although I understand why some EU MSs want the UK back, such as for security That's a good point about the EU might not accept the UK back. The UK also had deals with most CPTPP countries before membership as they were roll over EU deals. Apparently the membership, obviously includes all countries, but crucially now includes the services sector. On the original EU deals this was not covered and the UK being a service based economy makes this quite important. I also read on the bbc that the group is expanding not just in individual countries growth but since the UK accession, 7 other countries have started down the road of membership. It's not (at present) a replacement for the EU and doubt it will be but it means tariff free trade with the EU and the rapidly growing new club " I have read reports that some CPTPP nations (Canada, Oz, Singapore) have discussed about EU joining CPTPP, as a counterbalance to China & USA (if the USA doesn't join & becomes more protectionist); would be encouraging for EU MSs, considering the current environment to branch out from China & USA due to uncertainty for the next few years... | |||
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"Why on earth would you want to rejoin? What would be the advantage? It can't be for exports. We always imported more from the EU than we exported to them. It can't be for financial stability. France has more debt than the UK and Germany is catching up. Least said about Greece the better. Better growth maybe? OK now under Rachel from complaints we've slipped back but before her even Britain's modest growth was outperforming most of the EU. Good government? When one of the two main EU economy's has a lame duck president and a new prime minister almost every month. While the other has a lame duck government heading for a Tory style wipe out next month. Why would we want to rejoin a bloc that 10 years on still can't sort out the migration mess? To be fair neither can the UK but the EU is doing no better. Lastly why on earth would anyone want to rejoin a bloc led by a former (failed) defence minister who sent her own troops on exercises with broomsticks as pretend guns? So you will save a 7 quid visa charge on your next week in Benidorm. Big deal. I'm not 100% sure but believe that rejoining would not be compatible with the recent CPTPP membership. Would the UK have to leave it straight after joining? That is my understanding too...but the EU already has individual trade deals with most of the CPTPP nations (Mexico is soon to be approved). Personally; I don't think the UK should to accepted if they re-apply; the asks will be too much for UK to handle & current situation deal is working out fine for the EU... although I understand why some EU MSs want the UK back, such as for security That's a good point about the EU might not accept the UK back. The UK also had deals with most CPTPP countries before membership as they were roll over EU deals. Apparently the membership, obviously includes all countries, but crucially now includes the services sector. On the original EU deals this was not covered and the UK being a service based economy makes this quite important. I also read on the bbc that the group is expanding not just in individual countries growth but since the UK accession, 7 other countries have started down the road of membership. It's not (at present) a replacement for the EU and doubt it will be but it means tariff free trade with the EU and the rapidly growing new club I have read reports that some CPTPP nations (Canada, Oz, Singapore) have discussed about EU joining CPTPP, as a counterbalance to China & USA (if the USA doesn't join & becomes more protectionist); would be encouraging for EU MSs, considering the current environment to branch out from China & USA due to uncertainty for the next few years..." That would be quite something if it happened but personally I wouldn't hold my breath. Members of the CPTPP have to approve new applicants even if it is another trade block like the EU or countries like China, who have already applied plus 6 others. USA would obviously be a big one but again can't see that anytime soon, especially not while Trump is president. At present the UK has tariff free access to the EU as well as membership of the CPTPP which as said now includes services and tariff free. Anyway apologies to the OP for going of at a tangent | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK?" You don't quite seem to grasp the concept of being knocked backwards and the extra growth you need and to e to recover from the loss, you can actually model this quite easily using an Excel spreadsheet. | |||
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"Bank of England cuts growth prediction by half to .75%. IMF as usual completed useless !" With the NI increase still to kick in it could get worse RECESSION is close. | |||
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"Bank of England cuts growth prediction by half to .75%. IMF as usual completed useless ! With the NI increase still to kick in it could get worse RECESSION is close." Stagnation ahead  | |||
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"Bank of England cuts growth prediction by half to .75%. IMF as usual completed useless ! With the NI increase still to kick in it could get worse RECESSION is close. Stagnation ahead "You think If Housing falls at the same rate. Not meany foundation are going in so a big slow down. Is inflation keeping uk obove water with the cost of food. | |||
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"Bank of England cuts growth prediction by half to .75%. IMF as usual completed useless ! With the NI increase still to kick in it could get worse RECESSION is close." A small glimmer of hope was the bank thinks the UK will just about escape recession. Hopefully that turns out to be correct but it's fine margins. A analyst on the radio explained that such fine margins means it will be just like recession even though technically not one. | |||
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"Bank of England cuts growth prediction by half to .75%. IMF as usual completed useless ! With the NI increase still to kick in it could get worse RECESSION is close. Stagnation ahead "More than likely, I don't suppose there'll be are a back payment scheme for lack of personal financial growth. The money we could of had if we had had a decent growth rate by 2030. | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK? Yet our Productivity is dire in comparison to the other likes France? Higher productivity, higher wages…" France keep productivity high by accepting high unemployment & generous long term benefits for those that don’t work . If you take the least productive people out of the workforce then the productivity of the workforce will be much higher. | |||
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"Brexit bounce, ha ha. Brexit probably knocked off about 3% of our GDP so even with better growth we are still behind where we would have been without that total cockup. How can we be out performing our EU counterparts, if Brexit is so damaging to the UK? Yet our Productivity is dire in comparison to the other likes France? Higher productivity, higher wages… France keep productivity high by accepting high unemployment & generous long term benefits for those that don’t work . If you take the least productive people out of the workforce then the productivity of the workforce will be much higher. " This is like everything that is wrong with modern life. There is just u No room for the tea lady in the work place. Or the person that was imployed to just sweep the work shop. None productive roles but made for a better work place. | |||
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