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MSE News: UK economic growth slower than first thought
Former_MSE_Helen
Posts: 2,382 Forumite
This is the discussion thread for the following MSE News Story:
"The economy grew at a slower rate between April and June than thought, as the country's recovery nearly ground to a halt ..."
"The economy grew at a slower rate between April and June than thought, as the country's recovery nearly ground to a halt ..."
0
Comments
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Oh no, everyone's in debt!
Oh no, consumer spending is too low!
Here we go round the mulberry bush...0 -
Is 0.1% really growth? More likely the economy has stalled and the figures have been massaged to make it look slightly more convincing.0
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What a brilliant job the government is doing of fixing that awful economy (that was recovering) that Labour left us. All credit to George Osborne to this excellent achievement.
In case my sarcasm wasn't obvious enough - Osborne is an absolute poltroon. His grasp on economics is weaker than that of most five year olds.urs sinserly,
~~joosy jeezus~~0 -
It means that a figure of the order of say £300bn has increased by a figure of the order of say £0.3bn.gastronomix wrote: »Is 0.1% really growth? More likely the economy has stalled and the figures have been massaged to make it look slightly more convincing.
Now take into account the difficulty of defining what's being measured and the difficulty of collecting the data.
We should expect 1% growth in Q1 2012 just for the extra day for the leap year."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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