'Double dipper' on its way...........

marklv

Here we go: http://www.bbc.co.uk/news/business-10934302

Staglaftion - here we come!

bendix

marklv wrote: »

Here we go: http://www.bbc.co.uk/news/business-10934302

Staglaftion - here we come!

Don't worry. Your job and pension will be safe . . .

Oh, wait, no it won't.

doire_2

The ITV news at Ten headline report was grim viewing

Blacklight

It's interesting they're moving from +3.4% growth forecast to a negative one. I haven't seen that reported anywhere but it's ok, I totally believe you.

Linton

Blacklight wrote: »

It's interesting they're moving from +3.4% growth forecast to a negative one. I haven't seen that reported anywhere but it's ok, I totally believe you.

The previous forecast was made before the libcon budget proposals. Surely no connection????

nearlynew

They just make it up as they go along.


Remember - ALL government statistics are lies, spin and bullsh1t.

bendix

Thanks for reminding us nearlynew. We'd almost forgotten, since you last posted it 90 seconds ago.

Wookster

marklv wrote: »

Here we go: http://www.bbc.co.uk/news/business-10934302

Staglaftion - here we come!

And let me guess, its all the fault of the ConDems?

Labour would have saved us... NOT

Blacklight

The Bank now expects the economy to grow by about 2.5% in 2011, down from its previous forecast of about 3.4%.

So it's not forecasting negative growth then? You were 100% completely wrong and guaranteed again.

Blacklight

nearlynew wrote: »

They just make it up as they go along.


Remember - ALL government statistics are lies, spin and bullsh1t.

Good job that the Bank of England isn't the government then.

PasturesNew

I've noticed a flurry of uplift in my online markets.... if it keeps going like this then I'll be reporting a 50%-100% income increase this month .... hope it's not a blip for me.... it's lovely to see cash rolling in again. I've not seen it like this since late 2007.