MSE News: UK economy out of recession – just

Graham_Devon

Personally don't think the figures are fudged. They would have fudged the previous quarters otherwise, as it was pretty close.

But 0.1% IS very convinient, I don't think theres much in that, other than it's just co-incidence.

I do however like the rules. Takes 2 negative quarters to be in recession, and 0.1% one quarters growth after 6 quarters down to be all fine and dandy!

I'm off to ask for a pay rise.

wymondham

Horah!! We're out of recession, the sun is shining and my pizza is in the oven - what a perfect day it's been!!

Tomorrow I'll find still no pay rise and customers glum as ever, but heyho!!

bo_drinker

So who will be setting up a vote/ graph to take a punt as to when we dip back in to a recession. I say within 4 to 8 weeks.
Recession is about the real world not some numbers !!!!!!. Real recovery will be a long time coming and very slow. (confused smiley)

baby_boomer

In December I spent £1600 I would have otherwise saved to take advantage of VAT at 15%.

Of course that leaves me with nothing to spend to help the economy in the first quarter of 2010.

I wonder if I am alone?

Graham_Devon

baby_boomer wrote: »

In December I spent £1600 I would have otherwise saved to take advantage of VAT at 15%.

Of course that leaves me with nothing to spend to help the economy in the first quarter of 2010.

I wonder if I am alone?

With work I put an order through 6x the normal size we would have ordered to do the same. Was on Friday 25th. Saved something like £100 worth of VAT (none reclaimable in my field).

However, it's also stopped us ordering again for the next 4-6 months, whereas normally it would be every 1-2 months.

On a personal level though, no, didn't do anything like it. If I don't need it, I don't buy it.

Edit, was sposed to say £100 VAT, not £1000!

julieq

Can we now rename this board to be "Debate House Prices, the economy & growth"? Seems somehow more appropriate now.

Bootski

HAMISH_MCTAVISH wrote: »

The UK economy grew by 0.1% in the last quarter of 2009.

Note however, that previous quarters have been revised upwards once the full data is in.

:j

:beer:

But its UP! Its UP! It's UP:j:j:beer::p;):cool::T:T:T:rotfl::rotfl:


We can now all be that much more OPTIMISTIC about the future, isn't that just Great!!!:T

Mr.Brown_4

julieq wrote: »

Can we now rename this board to be "Debate House Prices, the economy & growth"? Seems somehow more appropriate now.

Absolutely agree. No need to be so downbeat about things anymore. The crash is over, the recession is over - let's hope for another ten years for Labour!!! I must confess to being a tad despairing over the last five years as the easy debt and run away house prices seemd to indicate a huge problems - but now I can see it was all a big mistake on my part.

We're saved!!! Hooray!!!!

Bootski

Mr.Brown wrote: »

Absolutely agree. No need to be so downbeat about things anymore. The crash is over, the recession is over - let's hope for another ten years for Labour!!! I must confess to being a tad despairing over the last five years as the easy debt and run away house prices seemd to indicate a huge problems - but now I can see it was all a big mistake on my part.

We're saved!!! Hooray!!!!

Just be careful what paper you'll read and channel you'll watch. Though that's always been the case - I ain't gonna read nor watch none of 'em anymore:cool:

Graham_Devon

julieq wrote: »

Can we now rename this board to be "Debate House Prices, the economy & growth"? Seems somehow more appropriate now.

I need to meet a girl like you. Such optimism about such tiny growth.