Hat-Trick of Economic Good News to Kick Off 2017

As Remainers psychoanalyse every line of Ivan Rogers’ 1,400 word resignation letter, three pieces of good news have slipped under the radar. British manufacturing output and new orders hit their highest for the last two-and-a-half years yesterday. The manufacturing purchasing managers’ index rose to 56.1 in December, up from 53.6. Anything above 50 means British manufacturing is expanding. The UK has also secured £16.3 billion of new foreign investment since the Leave vote, including £12 billion from DONG, a Danish energy company, and £2.5 billion from Chinese construction firm CNBM to build 25,000 new homes. And to complete the hat-trick, the FTSE 100 reached another record high on the first day of trading in the New Year: the index soared to an intra-day record of 7,205.21. Reuters reports:

“Britain’s economy has fared much better than many economists predicted in the aftermath of June’s vote to leave the European Union, with consumer spending strong and companies continuing to perform well.”

Happy New Year!




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Jacob Rees-Mogg on Number 10’s customs partnership:

“It’s completely cretinous… it’s a betrayal of good sense, I cannot understand why government is faffing around with this system. I’m on the same side as Mr Barnier on this, god bless him.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Mogg: Number 10’s Customs Partnership Is a ‘Cretinous Betrayal of Good Sense’ Mogg: Number 10’s Customs Partnership Is a ‘Cretinous Betrayal of Good Sense’
Why Brexiteers Are Worried Why Brexiteers Are Worried
May Told to Ditch Customs Partnership “Turkey” May Told to Ditch Customs Partnership “Turkey”
Anti-Brexit Bias of Former Top Civil Servants Anti-Brexit Bias of Former Top Civil Servants
Government Loses Lords Customs Union Vote Government Loses Lords Customs Union Vote
Is Bond Really a Remainer? Is Bond Really a Remainer?
Sunday Shows Highlights Sunday Shows Highlights
Business Confidence Returns to Positive Business Confidence Returns to Positive
Goldman Sachs CEO: I Was “Wrong” On Brexit Goldman Sachs CEO: I Was “Wrong” On Brexit
Museum of Brexit Launched to Celebrate Eurosceptic History Museum of Brexit Launched to Celebrate Eurosceptic History
Britain Still Backs Brexit 52% to 48% Britain Still Backs Brexit 52% to 48%
Remainers Finally Realising They Can’t Stop Brexit Remainers Finally Realising They Can’t Stop Brexit
Vauxhall Chooses UK #DespiteBrexit Vauxhall Chooses UK #DespiteBrexit
Leave.EU Hurting Brexit Cause Leave.EU Hurting Brexit Cause
UKIP Saved from Bankruptcy UKIP Saved from Bankruptcy
Adonis Thinks Cadwalladr Has Gone Too Far Adonis Thinks Cadwalladr Has Gone Too Far
Remainers Blow Half a Million on Ad Campaign in FT, Guardian and Standard Remainers Blow Half a Million on Ad Campaign in FT, Guardian and Standard
FAO Carole Cadwalladr: Sinister Remain Nexus Revealed FAO Carole Cadwalladr: Sinister Remain Nexus Revealed
Does Shahmir Have Smoking Gun? “No” Does Shahmir Have Smoking Gun? “No”
Poll: Overwhelming Majority Say Get On With Brexit Poll: Overwhelming Majority Say Get On With Brexit