No it bloody didn’t

UK manufacturing hits lowest level on record, says survey

Nonsense.

UK manufacturing collapsed in April, hitting levels lower than those during the 2008 financial crisis, according to a closely watched survey.

Speed and acceleration. The rate of contraction of UK manufacturing was higher than anything since 2008. The actual level of UK manufacturing is something entirely and completely different.

Sigh.

12 thoughts on “No it bloody didn’t”

  1. UK manufacturing hits lowest level on record, says survey

    Nonsense.

    Is it possible that it’s true? Clearly not for the reason he claims, “changes” rather than “level” as you say, but simply that current spot levels are undeniably and substantially down, and I’m not sure we’ve seen stella increases in either levels of manufacturing output or productivity in the last 12 years?

  2. “On record”? Not a chance. We have records of manufacturing output spanning back at least a century. And it’s up 2x just since Maggie’s time.

    Back to 2008? Sure, could be.

  3. It is heading down the drain however you look at the figures Tim. We can’t keep this lockdown shite up for much longer without massive irreparable ( in any short term –as in years nor decades)damage.

  4. We’d have landed in the UK this morning. Just about now we’d be having lunch at the World’s End Inn on our way to West Bay.

  5. We have records of manufacturing output spanning back at least a century.

    Can we do an adjustment for population and productivity? If we want to know the impact of the lockdown then it’s mere pendandtry to say that we’re still higher than 1956.

  6. O/T but it took my eye. From Zero Hedge:

    ‘As WSJ reminds us, Berkshire’s quarterly earnings are especially volatile “due to an accounting rule that went into effect in 2018 requiring companies to include unrealized investment gains or losses in their net income. Berkshire holds large stock investments, and their quarterly changes in value can have a big effect on Berkshire’s net income.”‘

    Does Padre Potato have some influence in the wild west?

  7. Manufacturing:

    Farming is suffering: Milk, Beef, Lamb, Veg/Fruit sales all vastly down and animals/produce being binned

    @Jim – can you confirm

    Snigger
    Elon Musk Tweet wipes $20bn from Tesla’s value – Will SEC Do Something Now?
    https://www.youtube.com/watch?v=VqtJWiiGAyI

    Has Musk bought stock post tweet?

  8. China Lied, Economies and People Died: Five Eyes Report Details CCP Coronavirus Cover-up

    Hippocrates: “Do no harm”
    WHO, PHE: “Do harm for political reasons”

    28 Apr 2020
    Canada’s Theresa Tam knew in January that China lied about the Wuhan coronavirus
    https://www.youtube.com/watch?v=G4OyeLmTIRQ

    Aus: Published on 1 May 2020
    BOMBSHELL DOSSIER: China ‘destroyed’ evidence of coronavirus outbreak
    https://www.youtube.com/watch?v=JMZX3oUQM4E

    Fox: https://www.youtube.com/watch?v=iSqfdAgda24

    BBC News – Nothing

  9. 2 May: BBC News – Still Nothing

    China Lied, People Died: Five Eyes Report Details CCP Coronavirus Cover-up

    The Chinese Communist Party (CCP) intentionally destroyed evidence and covered up news about the Wuhan coronavirus outbreak to the “endangerment of other countries”, a leaked intelligence report has found.
    .
    The report, a product of the Five Eyes intelligence alliance of the United Kingdom, the United States, Canada, Australia, and New Zeeland, found that the Chinese regime went about “disappearing” whistle-blowing doctors, censored news about the outbreak, destroyed samples of the virus in laboratories, and refused to hand over samples to international scientists, delaying the ability to manufacture a cure for the virus.
    .
    The intelligence dossier, leaked to Australia’s Saturday Telegraph, found that as early as December 31st Communist officials began censoring terms such as “Wuhan Unknown Pneumonia”, “Wuhan Seafood Market”, and “SARS variation”.
    .
    On January 1st the wet market in Wuhan was closed and disinfected with bleach, thereby eliminating the possibility of understanding the origin of an outbreak there.
    .
    Later that week the health commission in the local Hubei province ordered laboratories to stop testing for the virus, as well as calling for the destruction of any samples of the coronavirus. The following day, the National Health Commission in China ordered that all samples of the novel coronavirus either be moved to secure facilities or be destroyed while introducing a “no-publication order” about the virus
    .
    The report chastised the communist regime for its “deadly denial of human-to-human transmission” and also took aim at the World Health Organization (WHO) for towing the CCP’s line on the virus.
    .
    “Despite evidence of human-human transmission from early December, PRC [People’s Republic of China] authorities deny it until January 20th,” the report stated.
    .
    “The World Health Organization does the same. Yet officials in Taiwan raised concerns as early as December 31st, as did experts in Hong Kong on January 4th,” the report added.
    .
    The report also confirmed that the controversial Wuhan Institute of Virology laboratory had indeed been working on coronaviruses in bats, with one strain being a 96 per cent genetic match for the Covid-19 virus that has claimed the lives of hundreds of thousands of people globally…

    Full Report – Long
    https://www.dailytelegraph.com.au/coronavirus/bombshell-dossier-lays-out-case-against-chinese-bat-virus-program/news-story/55add857058731c9c71c0e96ad17da60

    Don’t forget Obama funded Wuhan Lab
    Trump wants to stop Wuhan lab funding, Obama-Biden Administration’s NIH sent $3.7M to lab coronavirus may have originated from
    https://www.youtube.com/watch?v=dvXYFQRxYIA

    The Wuhan Lab Funding:
    EXCLUSIVE: Dr. Rashid Buttar BLASTS Gates, Fauci, EXPOSES Fake Pandemic Numbers As Economy Collapses
    https://youtu.be/WGbYHJcMbz8?t=226

    BBC is a Left chat show and News irrelevant

  10. Mr Ecks – what lockdown?
    Manufacturing appears to still be ongoing. Most of the industrial estates near me are working just like they were 2 months ago in terms of in every day doing stuff.

    The world goes on. Replacement parts still needed, trucks still need repairing and maintenance, spare parts still need making, the public are still buying.

    There are sectors heavily hit by government action – that hopefully will continue for another month at least – but manufacturing doesn’t appear to be one of them.

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