Jump to content
House Price Crash Forum
Sign in to follow this  
eric pebble

Worst June Ever For Uk Finances

Recommended Posts

UK public finances suffered their worst June on record, figures from the Office for National Statistics (ONS) show.

Government borrowing rose to £7.3bn in June from £6.2bn during the same month last year - significantly higher than analysts' forecasts of £6.5bn.

http://news.bbc.co.uk/1/hi/business/5197958.stm

Look at the photo of Brown - he's knackered because he has to fiddle away 24 hours a day!!

Edited by eric pebble

Share this post


Link to post
Share on other sites
Guest Bart of Darkness
Global Insight chief economist Howard Archer warned that in order to meet his targets, Mr Brown would need "the help of healthy growth over the coming months, as well as increased restraint in government spending".

Well that should prove interesting.

Strange how "Prudence" Gordon, Mr. Prudent himself, the epitome of prudent fiscal policy, should preside over the Worst June ever for UK finances.

And that's up against some pretty stiff competition!

Share this post


Link to post
Share on other sites

Growth and higher IR are not a good mix. He between a nice pointy rock and a hard place. :lol:

How long before the currency markets rumble the Miracle Economy now?

Share this post


Link to post
Share on other sites
Guest Alright Jack

Growth and higher IR are not a good mix. He between a nice pointy rock and a hard place. :lol:

How long before the currency markets rumble the Miracle Economy now?

I think the forex knows full well the superficiality of the miracle economy, but it also sees the STAGGERING LAMENESS of all the other currencies too!

Share this post


Link to post
Share on other sites
Guest Alright Jack

UK public finances suffered their worst June on record, figures from the Office for National Statistics (ONS) show.

Government borrowing rose to £7.3bn in June from £6.2bn during the same month last year - significantly higher than analysts' forecasts of £6.5bn.

http://news.bbc.co.uk/1/hi/business/5197958.stm

Look at the photo of Brown - he's knackered because he has to fiddle away 24 hours a day!!

Hey, GB has done more fiddling than Maxim Vengerov!

Agreed.

eric pebble, I really like you. Clearly from your protagonist style posts, you stand for what is decent and good in this world. Which is why, in my corrupted opinion, you will be sorely dissapointed with the real outcome of all this.

Share this post


Link to post
Share on other sites

With the Government debt increasing, it appears that bbc tv drama is also using the subject of debt.

http://www.bbc.co.uk/drama/shinyshiny/

Shiny Shiny Bright New Hole in MY Heart

Wednesday 26th July 2006, 9pm, BBC TWO

A woman's obsession with shopping leads to devastating consequences in a new drama starring Sally Hawkins, Steven Mackintosh and Daniela Nardini. Filmed in 1995

Share this post


Link to post
Share on other sites

Hey, GB has done more fiddling than Maxim Vengerov!

eric pebble, I really like you. Clearly from your protagonist style posts, you stand for what is decent and good in this world. Which is why, in my corrupted opinion, you will be sorely dissapointed with the real outcome of all this.

Well -- to be honest AJ ---- I am resigned and ready for the worst. I think of the REALITY out there -- Labour Aparatchiks KNOWING that if they let in 500,000 Polish immigrants, plus countless 100,000's more -- they they can sit back and rest on their laurels and bank balances as their houses - I stress HOUSES -- gain more and more in value.... HOW MANY OF YOU OUT THERE UNDERSTAND THIS??? AND THIS IS JUST THE TIP OF AN ICEBERG.......

Edited by eric pebble

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.