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Economy grew "more than thought"
Graham_Devon
Posts: 58,560 Forumite
Surprised this one isn't up in all glory!
http://www.bbc.co.uk/news/business-11107415The UK economy grew by more than initially thought in the second quarter of 2010, boosted by a strong performance by the construction sector.
The economy grew by 1.2% in the quarter, the Office for National Statistics (ONS) said, revising up its initial estimate of 1.1% growth.
That was the fastest rate of quarterly expansion recorded since the first three months of 2001.
But most economists do not expect this level of growth to continue.
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Comments
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Recently It hs nearly always been revised upwards.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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Oh thats ok then, they can put interest rates back to normal now.0
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i havent seen any sign of it round where i live grahame. more and more peopel are ending up on the dole and getting there houses taken of themGraham_Devon wrote: »0 -
Like all government statistics, it's all just spin and bullsh1t."The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
I'd just like to point out once again how blatantly the ConDems were lying their a**es off when they said things were worse than they thought.
...carry on...0 -
Degenerate wrote: »I'd just like to point out once again how blatantly the ConDems were lying their a**es off when they said things were worse than they thought.
...carry on...
Yeah, I wish we had labour back. They never once lied.
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Graham_Devon wrote: »
It is, just a different heading
https://forums.moneysavingexpert.com/discussion/comment/36106975#Comment_36106975:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Graham_Devon wrote: »
One quarter of slight growth does not end the recession.0 -
Even if they get this every quarter for a year, if inflation is 5% for that year also then did we really grow at all ?0
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