IF IT'S TRUE IT'S GREAT: BRITAIN BOUNCES BACK FASTER FROM RECESSION

image

May The Sun shine on all of us (more than twice per annum), Tom Newton Dunn believes it does, or will at least this coming fiscal year: “BRITAIN will grow faster this year than experts thought — raising hopes that we have finally left behind the worst recession in 100 years.
“Our economy will expand by 0.9 per cent in 2013, the International Monetary Fund said yesterday.
That’s up 0.3 per cent on its forecast three months ago. Another estimate — by think tank the National Institute for Economic and Social Research — said our GDP is already up 0.6 per cent in the first half of this year.
It follows figures this week showing a booming housing market and higher consumer spending.”

WILL THESE DELUSIVE SOOTHSAYERS NEVER LEARN ABOUT ARTIFICIAL MARKETS?

Japan in the same period will maintain a Plus 2% growth which, despite natural and man-made disasters – tsunamis and earth quakes with resultant atomic melt downs – shames the West once more. The Eurozone expects to record (Minus) -6%, but Britain's crystal ball predicts (Plus) +.9% growth, conveniently based on the man- (Govt)made 'booming' housing market.
(The writer of this column prays to be proven wrong in the long term)

The optimism, suggested Nelsons estate agents in London, is partly based on the Sun report “Great to be British”, wherein the IMF declared: “The UK is one of just three major countries, alongside Canada and Japan, to buck the negative economic trend and then the world economic watchdog further predicts our economy will grow 1.5 per cent in the coming year — faster than France and Germany.

DESPITE EXHILARATION, LABOUR FINDS NEGATIVE TO BITCH ABOUT

It is difficult in polito-financial mumbo jumbo to always recognise a truth among the BS, because according to reports, even in the same publication on the same day about the same “watch dog”, IMF said British economy will “expand” by.9% and later joyously announced our economy will “grow” by 1.5% (perhaps etymologically speaking 'expand' and 'grow' are not similar in any possible manner of speaking)

Our Treasury has apparently said the UK was “moving from rescue to recovery” (Brilliant like Branson!), and a poll of 1,000 bosses by the Institute of Directors also found they felt more buoyant now than they had felt at any time during the last five years, but Labour had to moan; “ it was 'disappointing' the IMF forecast was lower than at the start of 2013.”  - - - you can't please everybody, all of the time, we suppose - - -.

PROPERTYREPORTER CONFIRMED: DATABASE OF BAD TENANTS TO BE LAUNCHED

At least 'some thing' to the landlords' benefit and also make houses to rent in Islington a lot safer.
The report stated: “A new database is to be launched which will log and store details of tenants who have damaged properties or been responsible for late night anti-social behaviour.
The new software, to be launched by Lets Safe in conjunction with Callcredit Information Group, will be integrated with the Lets Safe current tenancy referencing products.

“In addition to recording antisocial behaviour from tenants, Callcredit's Tenant ID system will also allow landlords and letting agents to use Callcredit's current credit checking service, CallReport, a service they claim is both fast and accurate.”
Users may integrate the service directly into their website or interface with it which will make the vetting process even faster and more accurate, which will be welcomed by estate agents in Bethnal Green.

One partner boasted: “Our product is now capable of being extremely scale-able and we've already had overwhelming interest from letting agents who haven't been satisfied with some of the other vetting companies out there." (You can't please everybody all of the time.)
And, his will make the “buy-to-let” government scheme even more attractive and life easier for estate agents in London.