miltiades wrote:Of course the Daily Mail would say this. Not other sources however.
"IMF cuts UK growth forecasts following Brexit vote"
The International Monetary Fund has slashed its forecast for UK growth next year after warning that the decision to leave the EU had damaged the British economy’s short-term prospects and “thrown a spanner in the works” of the global recovery.
The IMF, which voiced strong misgivings about a vote for Brexit before the EU referendum, said it expected the UK economy to grow by 1.3% in 2017, 0.9 percentage points lower than an estimate made in its World Economic Outlook (WEO), in April.
While the fund is ruling out a full-blown recession, the analysis by one of the leading global economic bodies underlines the financial challenges facing Theresa May’s government during a period when slower growth will lead to lower tax receipts and a bigger budget deficit. "The International Monetary Fund has slashed its forecast for UK growth next year after warning that the decision to leave the EU had damaged the British economy’s short-term prospects and “thrown a spanner in the works” of the global recovery.
The IMF, which voiced strong misgivings about a vote for Brexit before the EU referendum, said it expected the UK economy to grow by 1.3% in 2017, 0.9 percentage points lower than an estimate made in its World Economic Outlook (WEO), in April.
While the fund is ruling out a full-blown recession, the analysis by one of the leading global economic bodies underlines the financial challenges facing Theresa May’s government during a period when slower growth will lead to lower tax receipts and a bigger budget deficit.
https://www.theguardian.com/business/20 ... rexit-vote
... even under a relatively benign scenario in which the UK negotiated a trade status similar to that between Norway and the EU, output would fall by 1.5% by 2019, compared with where it would be under continued EU membership.
It modelled a less favourable outlook, in which GDP would fall more steeply. “In the adverse scenario of long negotiations and a default to the trade rules of the World Trade Organisation, GDP plunges by 5.5% by 2019,” it said.
Under that scenario, the UK would fall into recession in 2017, IMF officials said. “The implication would be negative growth in 2017,” said one official briefing reporters in a conference call.
Robin Hood wrote:same old stuff
Tim Drayton wrote:In the thing called democracy, those who hold minority views are also entitled to argue for them and try to persuade others to adopt them. The viewpoint that says, "We are in the majority, so everybody else must shut up" is known as the 'tyranny of the majority' and is undemocratic.
Paul ZKTV wrote:Robin Hood wrote:same old stuff
lol you think the UK is going to be left with a glass ...
http://www.bbc.co.uk/news/science-environment-36835566
Robin Hood wrote:Paul ZKTV wrote:Robin Hood wrote:same old stuff
lol you think the UK is going to be left with a glass ...
http://www.bbc.co.uk/news/science-environment-36835566
Has anybody got a clue what this clown is on about?
Robin Hood wrote:Some posters turn to ridicule or downright insults
CBBB wrote:Robin Hood wrote:Paul ZKTV wrote:Robin Hood wrote:same old stuff
lol you think the UK is going to be left with a glass ...
http://www.bbc.co.uk/news/science-environment-36835566
Has anybody got a clue what this clown is on about?Robin Hood wrote:Some posters turn to ridicule or downright insults
Robin Hood wrote: the glass is half full or is it half empty?
Robin Hood wrote: I would agree with a previous statement that on serious issues such as Brexit there should be more than just a simple majority. I also believe that their should be some sort of qualification required that shows that a voter at least has a fundamental knowledge of the political process.
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