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Bloomberg: One in Three UK Employers Looking to Cut Jobs


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I’d like to hear your opinion:

It seems to me that the so-called V-shape recovery is not on cards. Economic data showing a rebound of course, but nothing close to a V shape, actually, the upward lines are all flattening. Job recovery, consumer sentiment, new factory orders etc

Maybe people in N10 and foreign chancelleries thought they could shout down the economy and then reopen and everything would have been business as usual? we might now be coming to the conclusion this was a huge mistake. 
 

Perhaps in Sweden they called it right? 

Edited by NoHPCinTheUK
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2 hours ago, NoHPCinTheUK said:

I’d like to hear your opinion:

It seems to me that the so-called V-shape recovery is not on cards. Economic data showing a rebound of course, but nothing close to a V shape, actually, the upward lines are all flattening. Job recovery, consumer sentiment, new factory orders etc

Maybe people in N10 and foreign chancelleries thought they could shout down the economy and then reopen and everything would have been business as usual? we might now be coming to the conclusion this was a huge mistake. 
 

Perhaps in Sweden they called it right? 

66 days to make a habit. We are in day 140 (odd?) of whatever this is. The road back will be slow.

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3 hours ago, qejunkie said:

66 days to make a habit. We are in day 140 (odd?) of whatever this is. The road back will be slow.

That's the interesting thing about this.  There will be a recession, and then it will go away again, just like the recessions in 2008 and 1990 and all the others.

But for some industries and behaviours this is the catalyst for changes that would have happened anyway - slowly - like working from home, and shopping on the internet.  But now suddenly they've effectively been brought forward, meaning that the organic slow closedown of physical shops has suddenly been tipped off a cliff.  

So most industries will bounce back after X months, however long the recession lasts, whereas others have now suddenly gone the way of the blacksmiths and the lamplighters, and those people will need to retrain, which is not easy.

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  • 417 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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