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Like I said, you have to be careful with recent GDP figures because Q1 is always revised upwards - there's some repetitive statistical flaw in the way the ONS c
by repolfx 8y ago
Like I said, you have to be careful with recent GDP figures because Q1 is always revised upwards - there's some repetitive statistical flaw in the way the ONS calculates these things, it's always the same problem.
It's possible the figure for 2018 will be slightly lower in the end, we'll have to wait and see. But GDP growth went from 3% to 2% between 2015-2016 and nothing much was happening then, so again, you're taking perfectly normal and quite small fluctuations in economic indicators and linking them all to Brexit, which is logically unsupportable.
As I said before, the strengthening of the Euro is related to economic changes in the eurozone and not anything to do with Brexit. That can be easily seen by just comparing GBP vs other currency pairs. Your trip cost more because Europe became less poor, not because the UK did.
As for the implication I somehow don't know what the UK is like, knock off it mate. I visit the UK every month or two because I work for a company based there, and actually am British myself. I am very familiar with how it's doing, and it's doing fine. Stop assigning arbitrary fluctuations in a single exchange rate to your personal political biases.