UK economy shrinks for first time since 2012 as Brexit bites

nypost.com ^ | August 9, 2019 | Associated Press

[Berlin_Freeper]

The British economy unexpectedly shrank in the second quarter for the first time since 2012 as Brexit uncertainties heaped pressure on firms, official figures showed Friday.

The decline is set to raise alarm that the economy could experience its first recession in a decade. Traders in currency markets appeared to reflect that concern, sending the pound down across the board, including to another 2½-year low against the dollar of $1.2065.

[frogjerk]

Brexit has not occurred yet

[Berlin_Freeper]

- as Brexit uncertainties heaped pressure on firms,

[Berlin_Freeper]

Johnson eyes fund to help businesses at risk of post-Brexit collapse

[Berlin_Freeper]

BRITISH Steel looks set to be salvaged as the Government provides a support package worth up to £300million to a Turkish bidder.

[canuck_conservative]

Brexit has not occurred yet

No, but the Johnson Government is heading full-bore that way

.. and the EU and their loyal toadies in the London banks and London press are in full panic mode, and doing everything they can to talk-down and basically wreck the British economy ...

because they really want to SCARE the British people into not leaving. They also want to scare the people of any other Euro country that is thinking of leaving (Italy, Poland, Hungary, etc.) ...

the EU is like the Mafia, nobody gets out without getting worked over

[CondoleezzaProtege]

I’m sure things were bad when the Soviet Union broke up too. But better that it did. And England is no Ukraine. If the people’s resolve stays strong, they will be even more successful than they ever were while in the EU.

[Hans]

A candy gram from the ruling class.

[Berlin_Freeper]

There is "a lot of uncertainty" about the UK's capacity to patrol fishing waters after a no-deal Brexit, a memo from a government department mistakenly emailed to the BBC says.

[Berlin_Freeper]

Recognizing the problem is part of the solution.

[Berlin_Freeper]

Things were bad in the Soviet Union. Thus the break up.

The people voted for Brexit over sovereignty issues.

Two different scenarios.

[Berlin_Freeper]

Experts warn the UK could be exposed to more terrorism, smuggling and conflicts over fish stocks in a no-deal scenario.

[canuck_conservative]

Unfortunately, the British people will have to expect a lot more of these EU-funded “scare stories” in the next few months, as the panicked EU desperately tries everything to stop Brexit.

In a way, it’s the same scare-tactics that Big Media and the Elites are using in the US to try to scare people from re-electing Trump next year

Time to stand up to the fear-mongers ... on both sides of the Atlantic

[Berlin_Freeper]

No-deal Brexit 'to leave shelves empty' warn retailers

[ronnie raygun]

These scumbags along with Australia, Italy and Canada with OUR ENEMIES WITHIN conspired to overthrow an elected president. OUR PREISDENT.

[SteveH]

https://www.washingtonexaminer.com/opinion/the-eus-last-ultimatum-on-brexit-is-intended-to-fail

[Socon-Econ]

BoJo would do well to offset any Brexit drag on the economy with Thatcher-type supply side stimulants to growth.

[CondoleezzaProtege]

The Brits will be fine. And they deserve their soverieignty. Some things in life matter more than money.

And God save the Queen. What a fantastic heritage they have.

[Berlin_Freeper]

Britain's Real Monarch (British History Documentary)

[FLT-bird]

No. Brexit didn’t bite.

Uncertainty caused by Remoaner efforts to skupper Brexit against the will of the people is what has bitten.