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Jason

High Street 'to Recover In 2006'

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"A retail recovery will mean a brighter year for the UK economy in 2006, a report has said.

Accountancy firm BDO Stoy Hayward says consumer confidence and spending will recover, aided by cooling oil prices and a stabilising housing market. "

More: http://news.bbc.co.uk/1/hi/business/4592132.stm

http://www.sky.com/skynews/article/0,,30400-13491229,00.html

Edited by Jason

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"A retail recovery will mean a brighter year for the UK economy in 2006, a report has said.

Accountancy firm BDO Stoy Hayward says consumer confidence and spending will recover, aided by cooling oil prices and a stabilising housing market. "

More: http://news.bbc.co.uk/1/hi/business/4592132.stm

"BDO Stoy Hayward's report pools the results of all the main UK business surveys to come up with an overall average."

It looks like the business world has yet to grasp that from now on you can have economic growth with rising oil prices or you can have recession with falling oil prices (at least for a while), but not growth AND falling oil prices. They are just a bunch of economists and doubtless anticipate "the invisible hand" saving the day. Kids.

I would tend to predict the opposite of this report, due to both gas and oil shortages.

Classic VI ignorance, or wishful thinking.

Edited by malco

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I would tend to predict the opposite of this report, due to both gas and oil shortages.

Me too. If these people are going to make predictions about the high street based on their own predictions about oil prices, they ought to say how they arrived at this conclusion.

There seems to be a lot of lazy and sheepish thinking out there that the oil problem has magically been "solved", just because prices slipped lower in Q4, which they always do for a variety of reasons.

What do BDO Stow Hayward have to say about the looming US gasoline crisis?

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  • 301 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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