UK households' confidence in finances hits record high in February: IHS Markit

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A gauge of how Britons feel about their household finances hit its highest level...

FILE PHOTO: An estate agent property advertisement is seen painted on a wall in London, Britain, May 15, 2019. REUTERS/Toby Melville/File Photo

The IHS Markit Household Finance Index jumped to 47.6 in February from 44.6 in January, the highest index reading since the survey began 11 years ago. The BoE last month decided not to cut interest rates as it saw early signs of a recovery in the economy after a slowdown in late 2019. Johnson’s election victory ended uncertainty about whether Britain would leave the European Union on Jan. 31 and meant no political shift to the left under the opposition Labour Party.

 

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I just have to laugh about this. The U.K. is heading towards having very little bargaining power for global trade deals as they are a much smaller market than what they were a part of with the EU. Brexiteers have no foresight and will be shocked in a year when the £ is worth shit

DrShaneCampbell hey just want to make sure you’re not super upset and crying about this?

Brexit doomsayers should hang their heads in shame

Brexit Horror

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