With 85% of the questionnaires in, I am fairly certain whatever the final 15% of them contains, it isn't going to change the outcome much.
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Not sure how they can publish full July figures that quickly.
Remember Stats are just that.
Not fully as there is only 85% but it gives them a good idea from those 6oo firms. Ask another 600 firms and you would get a different answer.
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Originally Posted by Damien
We'll find out soon enough if the predictions of a recession are true or not. No point arguing about it at the moment. I would say that many analysts seem to think it is but this is one of those things that will be proven right or wrong.
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It has never been denied even by us leavers there will be a mini recession. The then Chancellor said 2 quarters and that sounds about right. However, he also said it would be immediate which is bunkum. Yes he did and his argument was why plunge ourselves deliberately into a mini recession?
The point is that it's not going to be the doom and gloom predicted. They're not investing because it's a bad thing, they are waiting to see how things go with the talks. The delay of A50 is going to cause more uncertainty and may even push any recession into 3 or even 4 quarters. That's not the fault of we who voted leave, its the fault of not invoking A50 when Cameron himself said he'd do it straight away.