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Right now it looks as though the UK has not formally been in recession since 09

Where's DLW?
Right now it looks as though the UK has not formally been in recession since the summer of 2009”
RIP for double dip?

http://www.bbc.co.uk/news/business-22485683
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Comments

  • antrobus
    antrobus Posts: 17,386 Forumite
    Thrugelmir wrote: »

    Saw the same story, asked myself the same question.:)
  • Mr._Pricklepants
    Mr._Pricklepants Posts: 1,311 Forumite
    Devastating news for Messrs Devon and shorty.

    After a triple (or tripple) dip failed to materialize, now even the double dip looks doubtful. :rotfl:
  • michaels
    michaels Posts: 29,511 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Another one who thought about DLW when they read the piece and also thought it would have been a much bigger story on the BBC had the change been the other direction...
    I think....
  • sheffield_lad
    sheffield_lad Posts: 1,990 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    depends if you live in BBC land where even good news has to be bad.

    The press and especially the BBC, have scared most folk into thinking even good news is bad. It's about time they put a positive slant on the news instead of picking up surveys from tiny interest groups and making a scare story out of them.

    Sorry Michaels did not see your post. Agreed
  • Carl31
    Carl31 Posts: 2,616 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Ah..its always good to make stuff up to feel better about things

    Can we pretend that growth will actually be about 50% so we all get pay rises?
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Devastating news for Messrs Devon and shorty.

    After a triple (or tripple) dip failed to materialize, now even the double dip looks doubtful. :rotfl:

    Thanks for the concern Prickypants.

    Devastated is not the word.
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    This was the part that leapt out for me:

    Exports to non-European markets grew 10% on the previous month, with exports to the US up by more than 20%, though exports to EU countries were broadly flat.

    The evidence is mounting up overwhelmingly & yet still there are those who'd have us believe that Europe is the future & we must stay part of it.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Fella wrote: »
    This was the part that leapt out for me:

    Exports to non-European markets grew 10% on the previous month, with exports to the US up by more than 20%, though exports to EU countries were broadly flat.

    The evidence is mounting up overwhelmingly & yet still there are those who'd have us believe that Europe is the future & we must stay part of it.

    Using MoM export figures to prove that Europe isn't part of the future is a little tenuous.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Thanks for the concern Prickypants.

    Devastated is not the word.

    Well I'm gutted; I'd got first dibs on a quadruple dip forecast.

    Graham will be forced to admit that he didn't forecast a triple dip after all and, as suspected, he just mentioned the words 'tripple' dip in a post he made after a few cans of white lightening.

    Maybe if the three of us get together and have a group hug we can wish a recession on the UK. DLW might come and I'm sure Ed Balls would want to take part.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    wotsthat wrote: »
    Graham will be forced to admit that he didn't forecast a triple dip after all and, as suspected, he just mentioned the words 'tripple' dip in a post he made after a few cans of white lightening.

    Well it is easy to have the word tipple in your head when you're having a few and you're trying to type the word triple.

    Easy mistake to make. ;)
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