We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

MSE News: Faster growth boosts recovery hopes

Former_MSE_Guy
Former_MSE_Guy Posts: 1,650 Forumite
I've been Money Tipped! Newshound! Chutzpah Haggler
edited 1 November 2011 at 10:34AM in Budgeting & bank accounts
This is the discussion thread for the following MSE News Story:

"UK economic recovery hopes were boosted today when figures revealed the pace of growth accelerated faster than expected ..."
Read the full story:
Faster growth boosts recovery hopes


OfficialStamp.gif

This thread is not in the 'debate house prices and economy' board as that board requires you to be a member and those coming from the news story may therefore not have access.

Comments

  • Ken68
    Ken68 Posts: 6,825 Forumite
    Part of the Furniture 1,000 Posts Energy Saving Champion Home Insurance Hacker!
    Can someone explain to me why we need GROWTH.
  • I_luv_cats
    I_luv_cats Posts: 14,457 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Ken68 wrote: »
    Can someone explain to me why we need GROWTH.

    If businesses are turning over more money - it could mean more taxes to the Gov., less unemployment, less Gov. borrowing, more confidence.

    BUT remember the figure could still be revised (downwards?)
  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Ken68 wrote: »
    Can someone explain to me why we need GROWTH.
    Is it because (and I really don't know if this is the reason or not) that there is a tendency for the rate of profit to decline.
    Therefore the system needs growth to maintain the same level of profits?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture