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Weather Not To Blame For Collapsing G D P

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http://www.telegraph.co.uk/finance/economics/8282083/Bad-weather-not-to-blame-for-GDP-fall-says-British-Weather-Services.html

Bad weather not to blame for GDP fall, says British Weather Services

A meteorological company that provides weather updates for businesses has dismissed claims that snow was to blame for the dramatic contraction in the economy in the final quarter of 2010.
British Weather Services, which uses more than 250 weather stations in the UK and Ireland, said on Tuesday that where there is a "weather loser" there is a "weather winner on the opposite side of the fence".
It claims that while construction and the high street struggled, large indoor shopping centres and retailers selling warm clothing and comfort food performed strongly.
Jim Dale, the senior risk meteorologist, said: "It is far too convenient for George Osborne to lump everything on to the back of weather

The reason for falling GDP is recession! Job losses, overpriced goods, rip off taxes, a crashing housing market, low IR on savings = less spending....

Bottom line: We are paying for the Brown years and HPI. If George wants to build a better future it had better not be on the back of HPI.

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http://www.telegraph...r-Services.html

Bad weather not to blame for GDP fall, says British Weather Services

A meteorological company that provides weather updates for businesses has dismissed claims that snow was to blame for the dramatic contraction in the economy in the final quarter of 2010.
British Weather Services, which uses more than 250 weather stations in the UK and Ireland, said on Tuesday that where there is a "weather loser" there is a "weather winner on the opposite side of the fence".
It claims that while construction and the high street struggled, large indoor shopping centres and retailers selling warm clothing and comfort food performed strongly.
Jim Dale, the senior risk meteorologist, said: "It is far too convenient for George Osborne to lump everything on to the back of weather

The reason for falling GDP is recession! Job losses, overpriced goods, rip off taxes, a crashing housing market, low IR on savings = less spending....

Bottom line: We are paying for the Brown years and HPI. If George wants to build a better future it had better not be on the back of HPI.

TorryLibs are morons ....

They promised people that there will be no bust after boom. They could blame Labour (rightly!), but they missed the boat. Now they blame the snow. They dug their own political grave. Morons .....

Everybody is blaming cuts, which even have not started yet .... nobody mentions the current deficit, which will turn Greek if not fixed .... nobody mentions the hyperinflation of houses between 2000 and 2007 as the real reason of the problems ....

There is no political party in UK, which can identify and fix the problem ...

Labour will be back next Elections. Time to pack and leave the sinking ship ....

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Heard an anecdotal that when the weather is bad on a weekend Royal Mail has a huge amount of parcel deliveries on the Mon/Tue after. If people cant get out they will order on-line.

Anyway, blaming two weeks of bad weather as affecting three months of figures is pretty desperate.

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http://www.telegraph.co.uk/finance/economics/8282083/Bad-weather-not-to-blame-for-GDP-fall-says-British-Weather-Services.html

Bad weather not to blame for GDP fall, says British Weather Services

A meteorological company that provides weather updates for businesses has dismissed claims that snow was to blame for the dramatic contraction in the economy in the final quarter of 2010.
British Weather Services, which uses more than 250 weather stations in the UK and Ireland, said on Tuesday that where there is a "weather loser" there is a "weather winner on the opposite side of the fence".
It claims that while construction and the high street struggled, large indoor shopping centres and retailers selling warm clothing and comfort food performed strongly.
Jim Dale, the senior risk meteorologist, said: "It is far too convenient for George Osborne to lump everything on to the back of weather

The reason for falling GDP is recession! Job losses, overpriced goods, rip off taxes, a crashing housing market, low IR on savings = less spending....

Bottom line: We are paying for the Brown years and HPI. If George wants to build a better future it had better not be on the back of HPI.

Meteorologists, fed up with not being able to understand or predict the weather, turn to economics...

I like to think I don't blindly believe whatever the government says, but, surely, half the country couldn't leave the house for about three weeks -- to do construction jobs OR to buy comfort food -- precisely at the time of year when normally so much high street business is done that it's the only thing that makes many retailers' balance sheets positive at all for a given year.

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TorryLibs are morons ....

They promised people that there will be no bust after boom. They could blame Labour (rightly!), but they missed the boat. Now they blame the snow. They dug their own political grave. Morons .....

Everybody is blaming cuts, which even have not started yet .... nobody mentions the current deficit, which will turn Greek if not fixed .... nobody mentions the hyperinflation of houses between 2000 and 2007 as the real reason of the problems ....

There is no political party in UK, which can identify and fix the problem ...

Labour will be back next Elections. Time to pack and leave the sinking ship ....

There was one party who back in 2004 identified the housing bubble as being unsustainable and a cause for concern.

<cough> BNP <cough>

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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