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OECD growth forecast puts UK in 6th place

24

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    worldtraveller wrote: »
    No, it was actually £875.8 billion at the end of February 2011. ;)

    That figure would be going down now, if labour were in power.

    AND they would have spent, instead of cutting.

    Bloody condems.
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    worldtraveller wrote: »
    No, it was actually £889.1 billion at the end of December 2010. ;)


    Check again. It exceeded £1 Trillion in 2010
    Not Again
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    Graham_Devon wrote: »
    That figure would be going down now, if labour were in power.

    AND they would have spent, instead of cutting.

    Bloody condems.



    Public Sector Redundancy Payments 2011 £400bn
    Not Again
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    1984ReturnsForReal wrote: »
    Public Sector Redundancy Payments 2011 £400bn

    One off.

    What's the cost of employing these people each year?
  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    1984ReturnsForReal wrote: »
    Check again. It exceeded £1 Trillion in 2010

    No, you check again...;)

    http://www.statistics.gov.uk/pdfdir/psf0111.pdf
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 5 April 2011 at 8:39PM
    ninky wrote: »
    out of the G7 countries updated predictions put the UK in 6th place.
    where did the coalition say they would be, below Italy?

    the OECD reckon it will be 1% annualised figure whch is much lower than the 1.7% 'predicted' by Osborne only 2 weeks ago.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    1984ReturnsForReal wrote: »
    Public Sector Redundancy Payments 2011 £400bn

    i've not seen this figure before, where can i read about it?
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    chewmylegoff wrote: »
    i've not seen this figure before, where can i read about it?


    That was a made up figure. But the cost of redundancy & benefits payments to those made redundant is massive.
    Not Again
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    £400bn. 6 million public sector employees. These numbers are rather suspicious. It comes to £66,667 a head and that's if you sack them all.

    Perhaps you mean £400 million?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    1984ReturnsForReal wrote: »
    That was a made up figure. But the cost of redundancy & benefits payments to those made redundant is massive.

    But lower than it would cost to keep them employed for another 2 years.

    Nearly every change to save costs initially involves costs. Longterm, the initial outlay can pay for itself several times over.
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