Britain has world’s top economy

Not a surprise as their Banks own many of the world's currencies.

I blame inflation personally. I mean if everything stayed the same price and wages did too then Inflation wouldn't be able to rise faster than wages do. In fact money should just be scrapped, sadly that's very unlikely to happen for a long, long time...

Things like low wages, food banks and the strain on public services are a direct result of the last 20 years worth of EU labour pooling practices where they offer large pools of low cost labour to big business and fail to adress how this affects the labour market and subsequent oversubscription of such things as school and hospital places in countries the workers are sent to.

Leaving might cause some short term pain but the longer term view can only be positive.

These articles are being overly optimistic, trying to calm fears, and playing upon the seasonal rise that always happens at Christmas time. But over all it is part of larger rise in inflation that continues to develop.

originally posted by: Christosterone

As a sidenote, it gives me great please knowing Trumps mother was Scottish and Donald holds the correct reverence for Great Britain, our greatest historical ally save that little Revolution period and a brief spell around 1812 or so...

-Chris

You know, Scotland, generally, doesn't like Trump for the bully boy tactics he used to get his Golf Resort going. I wanted him to win over Clinton but still think the man is a buffoon...

a reply to: TrueBrit

What line of work are you in?

a reply to: Dem0nc1eaner

1) You're from Scotland, I think you mean "our" not "your". 2) We can all cherry pick graphs. Anyone with the time can google "child poverty rates global" and see that on most the UK is at about 10% (even on other Unicef graphs) and is conistently near the bottom. 3) "Capitalism is organised crime" ... No, capitalism is having the ability to be rewarded for personal success. Socialism is being forced to "share" your hard earned belongings with people who don't want to pay their own way, whilst those at the top skim the fat off.

Tell yourself whatever need, and until Scotland can break away from the vileness that this country has become, you're right, unfortunately it is 'our'.

And it doesn't take an idiot to realize that if poverty numbers are rising, as the wealthy get richer, there's something seriously messed up

originally posted by: Zcustosmorum
a reply to: Dem0nc1eaner

1) You're from Scotland, I think you mean "our" not "your". 2) We can all cherry pick graphs. Anyone with the time can google "child poverty rates global" and see that on most the UK is at about 10% (even on other Unicef graphs) and is conistently near the bottom. 3) "Capitalism is organised crime" ... No, capitalism is having the ability to be rewarded for personal success. Socialism is being forced to "share" your hard earned belongings with people who don't want to pay their own way, whilst those at the top skim the fat off.

Tell yourself whatever need, and until Scotland can break away from the vileness that this country has become, you're right, unfortunately it is 'our'.

And it doesn't take an idiot to realize that if poverty numbers are rising, as the wealthy get richer, there's something seriously messed up

The rich are always getting richer, let em at it.

There comes a point where you have to stop blaming the rich, the politicians or that country next door for yourself getting poorer.

This is coming from someone who is closer to poor than rich, I know it isn't easy, but you gotta work hard to improve what you got and everyone in this United Kingdom has the oppurtunity to do that, whatever their race, religion or status!

originally posted by: Zcustosmorum

originally posted by: Dem0nc1eaner

originally posted by: Zcustosmorum
a reply to: Christosterone

So again, congratulations to Britain for cutting yourself free of a European albatross and once again setting your own course in this world because as history proves Britain is just fine governing herself and abiding solely by her own economic policies which would benefit Britain...then Europe and then the World…

Actually Britain is a corrupt cesspool run by incompetent fools who only serve the rich, and the poverty levels are getting worse

No, it's actually rather nice

And if you ignore the global crimes of your financial system and banks combined with illegal wars and arms dealing, I guess to some it might be

Pure propaganda. What's the definition of "poverty" here?

originally posted by: Christosterone

Britain ended last year as the strongest of the world’s advanced economies with growth accelerating in the six months after the Brexit vote.

Business activity hit a 17-month high last month, meaning that the economy grew by 2.2 per cent last year — more than the six other leading nations, including the US, Germany and Japan.

Far from slowing after the referendum in June, as predicted by the Treasury and Bank of England, growth appeared to have improved. GDP grew at 0.3 per cent and 0.6 per cent in the first two quarters of last year, compared with 0.6 per cent and an estimated 0.5 per cent in the final period.

Britain has world’s top economy

Wow....this is a surprise as most said Britain would be lost if they fled the European Union confederation...

Quite the opposite is happening...

Apparently when Britain is not forced to subsidize ludicrous socialist policies on mainland Europe they thrive…

As a child of British imperialism[American] I'm proud to see them once again rise again near the top of the world economic ladder[where they belong]…

Japan, Canada, India and America are all, at their core, steeped(pun intended) in British sensibilities as we are each an extension of their imperial years in one way or the other…

Though Japan had these ideals foisted upon them after a lost war...the point remains that any society America shapes can trace it's lineage back to Britain…

So again, congratulations to Britain for cutting yourself free of a European albatross and once again setting your own course in this world because as history proves Britain is just fine governing herself and abiding solely by her own economic policies which would benefit Britain...then Europe and then the World…

As a sidenote, it gives me great please knowing Trumps mother was Scottish and Donald holds the correct reverence for Great Britain, our greatest historical ally save that little Revolution period and a brief spell around 1812 or so...

-Chris

OH please........

1. Wages have been stagnant since 2008. We have had one of the longest periods of stagnation since 1930's thanks to Osbornes lunatic austerity. So it's about fricking time we started to grow.
2. The current chancellor has reigned back on austerity!
3. WE HAVE NOT TRIGGERED ARTICLE 50 YET and until we do everything is up in the air with speculators taking advantage of the situation. The sh.t will not hit the fan until after March.
4. The pound has dropped making imports cheaper which stimulates growth in the short term

The sheer volume of interconnected services, companies, research etc etc is staggering and the mindless idiots think its as simple as pulling a plug out of the wall....lunacy....sheer lunacy. Oh and before all you lot become defensive with the "they have more to lose than us" line this again shows the sheep following Farage. The EU is an 18Trillion GDP area we are a 2Trillion area. Simple maths is all you need not a slobbery kiss from Farage. Oh but I'm sure Australia with its 1.5Trillion GDP on the opposite side of the world will come to our rescue.......oh the delusion. And maybe they built a simple tunnel for all our transport Artics to travel through just like the channel. Jesus H!!

originally posted by: Dem0nc1eaner

originally posted by: Zcustosmorum
a reply to: Dem0nc1eaner

1) You're from Scotland, I think you mean "our" not "your". 2) We can all cherry pick graphs. Anyone with the time can google "child poverty rates global" and see that on most the UK is at about 10% (even on other Unicef graphs) and is conistently near the bottom. 3) "Capitalism is organised crime" ... No, capitalism is having the ability to be rewarded for personal success. Socialism is being forced to "share" your hard earned belongings with people who don't want to pay their own way, whilst those at the top skim the fat off.

Tell yourself whatever need, and until Scotland can break away from the vileness that this country has become, you're right, unfortunately it is 'our'.

And it doesn't take an idiot to realize that if poverty numbers are rising, as the wealthy get richer, there's something seriously messed up

The rich are always getting richer, let em at it.

There comes a point where you have to stop blaming the rich, the politicians or that country next door for yourself getting poorer.

This is coming from someone who is closer to poor than rich, I know it isn't easy, but you gotta work hard to improve what you got and everyone in this United Kingdom has the oppurtunity to do that, whatever their race, religion or status!

It's not about blame, it is about a lack of responsibility from those who have the power and wealth to make things better for everyone, not just themselves. The more rich people get, the more poorer others will get, what does that say about the system? It certainly isn't fair when we all have to share the same planet

whatever their race, religion or status!

Crap, the media & corporations leading politicians will sell anything for an agenda, including racism, religion or status.

originally posted by: yorkshirelad

4. The pound has dropped making imports cheaper which stimulates growth in the short term

Did you make a typo there? Or else, could you explain what you mean?
From what I've been led to understand, the devaluation of the pound has made imports more expensive for the UK...especially raw materials, and a quarter of their foodstuff which is imported from the EU.

Or maybe you could explain how you understand it? (I'm still learning all this)

originally posted by: pikestaff

originally posted by: intrptr

originally posted by: TrueBrit
a reply to: Christosterone

Unfortunately, these figures mean nothing, because they refer to the sort of trade and business that only advantages the few, whereas the important thing is how well the street level economy, that everyone is involved with is doing, and that is not doing very well at all.

Exactly. The overall figures reflect an economy bolstered by the resources exploited from other nations.

I could be wrong, what products does the UK export that make it 'number one' among the worlds economies?

Jet engines, satellites, pharmaceuticals, auto's, to name four.

They don't even have a space program.

Have to rely on India to launch the few they produce. 'Making satellites' isn't why they are number 1. They are number one because they are a colonial empire that robs weaker nations for their resources, just like we do.

BBC

Yes UK always have and always gonna have. Deep search will illuminate you

a reply to: Zcustosmorum

You can't blame England for all your problems, if you became an independent those politicians calling for it, Sturgeon, will be the first at the well, then her friends and colleagues, and you will be in the same situation except some of the London rich may move to Glasgow (and American, Russian etc.).

Your schemes will be within commuting distance and loads of areas within an hour from Glasgow will become too expensive. McDonalds staff will be paid the same.

a reply to: Christosterone

Why do you think children are starving? I can give you the basic answer… Subsidies!!! Uneducated fools are popping out babies and prodigious rates whose fathers are scoundrels and they're low IQ genes are propagating and over running the intellectual class…

I couldn't read past this point without commenting...

So what is the solution ? Do you suggest selective breeding ?..In this new utopia you are creating what would be the acceptable criteria for people to be allowed to breed exactly ? You realize this was Hitlers kind of thinking right ?

originally posted by: intrptr

I could be wrong, what products does the UK export that make it 'number one' among the worlds economies?

We are the second largest arms dealer on the planet, after the USA. That good enough for a tiny island nation ?

Latest official figures showed inflation at a two-year high of 1.2% in November as the fall in the pound started to feed through to fuel prices.

The Bank of England has forecast a rise in inflation to 2.7% this year.

news.sky.com...

originally posted by: Marduk

originally posted by: intrptr

I could be wrong, what products does the UK export that make it 'number one' among the worlds economies?

We are the second largest arms dealer on the planet, after the USA. That good enough for a tiny island nation ?

Sooo, bristling wth arms they declare that we are number one ... or else. Thing is, I don't see that many exclusively British weapons in the hands of 'third world' countries do I? Or do I? You could remind me wth a list. Like in WWii, the British Sten gun for instance.

I thought the Brits mainly get others to do their fighting for them?

No?

Since Brexit hasn't happened yet I don't see why the economy would be affected. There was an initial slump which revealed how fear of Brexit had an impact on the markets, but as soon as Theresa May revealed it wouldn't happen until March the markets recovered, and subsequently rose more as the pound fell. Given we are still in the EU it should be essentially business as usual.

Even after article 50 is triggered there may not be a significant change. It will be followed by two years of trade negotiations and our success in these negotiations will be the most telling for our economy.