agent69
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Post by agent69 on Apr 15, 2019 21:10:26 GMT
From the BBC web site:
Britain has overtaken the US as the world's top investment destination, according to a biannual survey by the consultancy and accounting giant EY.
The US has held the number one spot since 2014. This is the first time Britain has topped the ranking in the report was launched 10 years ago during the global financial crisis.
The results of the report are pretty surprising given the prevailing wisdom is that the geopolitical uncertainty around Brexit - especially if there is no deal - will hurt foreign investment and possibly push the UK into a severe recession
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Post by martin44 on Apr 15, 2019 21:53:16 GMT
I see the Brexit Party has been launched. Will be interesting to see how that goes: thebrexitparty.comand the real one for those who are interested: thebrexitparty.org/ (though the spoof one is probably the funnier of the two) Nevertheless , yet another kick in G*****es for both the Tory and Socialist faithful , old nige always finds a way to create a head in hands moment for the champagne drinkers.
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adrianc
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Post by adrianc on Apr 16, 2019 7:12:47 GMT
From the BBC web site:
Britain has overtaken the US as the world's top investment destination, according to a biannual survey by the consultancy and accounting giant EY.
The US has held the number one spot since 2014. This is the first time Britain has topped the ranking in the report was launched 10 years ago during the global financial crisis.
The results of the report are pretty surprising given the prevailing wisdom is that the geopolitical uncertainty around Brexit - especially if there is no deal - will hurt foreign investment and possibly push the UK into a severe recession
...which doesn't link to EY.
So the most likely direct source I can find is...
I cba to register to download the entire thing, but the "Key findings" section:
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 16, 2019 9:22:02 GMT
adrianc that report is from June 18 so unlikely to be the source material. Plenty of articles from yesterday reference EY though none give actual source. Survey of 2900 execs across 47 countries in Feb-Mar 19. It is specifically on M&A investment.
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registerme
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Post by registerme on Apr 16, 2019 9:25:34 GMT
It's positive news but I doubt the fact that GBP is off against USD by about 10% (since the referendum) is irrelevant.
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registerme
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Post by registerme on Apr 16, 2019 9:41:15 GMT
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agent69
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Post by agent69 on Apr 16, 2019 11:13:29 GMT
It's positive news but I doubt the fact that GBP is off against USD by about 10% (since the referendum) is irrelevant.
The value of the pound doesn't have any great direct effect on me (except buying foreign currency to go on holiday). However, the fact that the FTSE is up about 17% since the brexit vote has had a significant impact on the value of my ISA / DC pension.
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registerme
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Post by registerme on Apr 16, 2019 11:36:03 GMT
It's positive news but I doubt the fact that GBP is off against USD by about 10% (since the referendum) is irrelevant.
The value of the pound doesn't have any great direct effect on me (except buying foreign currency to go on holiday). However, the fact that the FTSE is up about 17% since the brexit vote has had a significant impact on the value of my ISA / DC pension.
Agreed, and partly why I bought FTSE 100 has a Brexit hedgelet a while back.
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agent69
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Post by agent69 on Apr 16, 2019 11:40:50 GMT
So shortly before visiting the republic she says things that people in the republic will want to hear? What a suprise.
Can't see the fat boy taking a lot of notice of this when formulating foreign policy.
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registerme
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Post by registerme on Apr 16, 2019 11:55:04 GMT
Well it's a bipartisan visit, and Congress has to approve any trade deals. And (thank God), the Orange Thing won't be President forever.
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agent69
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Post by agent69 on Apr 16, 2019 12:08:13 GMT
And (thank God), the Orange Thing won't be President forever. Now there's a sentiment we can all agree on
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IFISAcava
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Post by IFISAcava on Apr 16, 2019 13:58:15 GMT
It's positive news but I doubt the fact that GBP is off against USD by about 10% (since the referendum) is irrelevant.
The value of the pound doesn't have any great direct effect on me (except buying foreign currency to go on holiday). However, the fact that the FTSE is up about 17% since the brexit vote has had a significant impact on the value of my ISA / DC pension.
Well it imported a lot of inflation so that the value of our savings was significantly diluted. It also meant that my 10 year pay freeze/1% pa pay increases had an even larger detrimental effect to my net purchasing power than it otherwise would have had. As well as the large increase in costs of holidays and trips abroad that you mention. So the Brexit-induced devaluation of the pound had a very significant effect on me and many others. (and that's before we also take into account the reduced overall size of the economy)
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agent69
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Post by agent69 on Apr 16, 2019 14:33:11 GMT
The value of the pound doesn't have any great direct effect on me (except buying foreign currency to go on holiday). However, the fact that the FTSE is up about 17% since the brexit vote has had a significant impact on the value of my ISA / DC pension.
Well it imported a lot of inflation so that the value of our savings was significantly diluted. I thought inflation was at an all time low?
If the value of your savings has been significantly diluted, maybe you've put your money in the wrong place - possibly you should have tried less in the bank and more in a quality P2Pinvestment paying 12%. Failing that maybe you should have tried the stock market.
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IFISAcava
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Post by IFISAcava on Apr 16, 2019 14:54:06 GMT
Well it imported a lot of inflation so that the value of our savings was significantly diluted. I thought inflation was at an all time low?
If the value of your savings has been significantly diluted, maybe you've put your money in the wrong place - possibly you should have tried less in the bank and more in a quality P2Pinvestment paying 12%. Failing that maybe you should have tried the stock market.
I did all of those. It was much harder because real returns were reduced because of inflation, and the cash I kept on hand (we all keep several months of cash on hand, right?) lost value. Inflation most definitely was not at an all time low after the Brexit induced devaluatation. Look up the figures if you don't believe me.
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copacetic
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Post by copacetic on Apr 16, 2019 19:54:34 GMT
Inflation most definitely was not at an all time low after the Brexit induced devaluatation. Look up the figures if you don't believe me. Ok. CPIJust saying.
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