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UK seeing "Right Kind of Growth"

HAMISH_MCTAVISH
HAMISH_MCTAVISH Posts: 28,592 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
in Debate House Prices & the Economy
The UK economy is starting to see the right kind of growth, says employers' organisation the CBI.

"Our forecast shows encouraging signs that business investment and net trade are starting to play their part," said CBI boss John Cridland.

He said the recovery was not a "debt-fuelled, housing bubble-led recovery", as some economists have feared.
http://www.bbc.co.uk/news/business-26128700
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
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Comments

  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Good news, but I'll await confirmation from our resident economy gurus shortchanged, grizzly and devon to confirm this.
    It's just the head of the CBI after all.
    Don't blame me, I voted Remain.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mayonnaise wrote: »
    I'll await confirmation from our resident economy gurus shortchanged, grizzly and devon to confirm this.

    It's just the head of the CBI after all.

    :rotfl::rotfl::rotfl:
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    I expect this thread to tumble down the forum list.
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    is "starting to see" the same as "seeing"?
    FACT.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    the_flying_pig wrote: »
    is "starting to see" the same as "seeing"?

    Yep.

    It's like sunrise. You first start to see the sun, and after a while you can see the whole sun. Why I have to explain this to a grown up man is another matter.
    Don't blame me, I voted Remain.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    The UK economy is starting to see the right kind of growth, says employers' organisation the CBI.
    I always wonder why good news threads are less popular than the bad news threads to the likes of shortchanged, Devon, Brit and the usual suspects...

    May be they enjoy all the negativity.

    Economic growth is good news, thanks for posting Hamish.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    mayonnaise wrote: »
    Yep.

    It's like sunrise. You first start to see the sun, and after a while you can see the whole sun. Why I have to explain this to a grown up man is another matter.


    it's dangerous to look straight at the sun: it is the same with the right sort of growth?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mayonnaise wrote: »
    Yep.

    It's like sunrise. You first start to see the sun, and after a while you can see the whole sun.

    Then before you know it , the sun disappears. Rather like the economy. It is flattering to deceive.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Thrugelmir wrote: »
    Then before you know it , the sun disappears. Rather like the economy. It is flattering to deceive.

    You got it. It's cyclical. :)
    Don't blame me, I voted Remain.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mayonnaise wrote: »
    You got it. It's cyclical. :)

    Then the clouds block the sun out...........:eek:
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