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Boomtime: Britain bounces back....

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  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Road_Hog wrote: »


    You sound like a politician spouting b.ollocks.


    Are you saying the recovery is not across all sectors?

    Are you denying the surveys showing business confidence is nicely trending upwards?

    How do you explain manufacturing now forming a larger proportion of the economy compared with 2010?


    Living standards will rise in due course, but don't forget the living we paid ourselves by way of over-borrowing was merely a temporary filler for the loss in actual production, in other words looking back to those years we need to be clear we didn't really earn that living standard, so it was inevitable a period of decline would ensue and to expect otherwise is a curiously infantile expectation. The world does not owe the special British people a living, nor generous employee benefits we need to earn it.
  • Road_Hog wrote: »


    If you think that the main outgoings like food and fuel/energy are running at 2%, then you must have had a lobotomy.

    Car fuel is actually falling.

    Diesel price 20/10/2011 119.83 (plus VAT)
    Diesel price 22/10/2012 124.49 (plus VAT)
    Diesel price 20/10/2013 113.44 (plus VAT)


    I know this as I have to track the price every week.

    Petrol has seen similar falls & car insurance is falling as well.

    It must be very tough for people on fixed incomes as domestic energy increases yet again as does food, but lets deal in facts.
    US housing: it's not a bubble - Moneyweek Dec 12, 2005
  • Conrad wrote: »

    How do you explain manufacturing now forming a larger proportion of the economy compared with 2010?


    Evidence ????

    Its just that according to the ONS in April 2013

    "The level of industrial production in Britain is now at the lowest level since 1991 and around 15pc below the pre-recession peak.
    The recent weak data are largely due to reduced output at Britain's oil and gas fields. The ONS said the poor industrial figures in January were driven by a 4.3pc decline in oil and gas extraction, when production at the North Sea's Schiehallion platform was suspended because of building work."
    US housing: it's not a bubble - Moneyweek Dec 12, 2005
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