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Oh Dear: Economic growth worst since 2003

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    Oh Dear: Economic growth worst since 2003

    The UK economy grew by 0.5% in the first three months of 2005, official figures show, the slowest quarterly growth rate in almost two years.

    The weak figure, revised downwards from an initial estimate of 0.6%, was blamed on a fall in manufacturing output and a slowdown in consumer spending.

    Household expenditure rose by just 0.3% during the quarter, giving an annual rate of 2% - the worst in four years.

    Analysts say the figures mean interest rates are likely to remain on hold.

    Economic growth worst since 2003
    Tax increases, anyone?

    #2
    Imagine the economy only growing by 0.5%. What a disaster.....

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      #3
      Imagine resurrecting a thread from 2005 !

      Comment


        #4
        Originally posted by zeitghost
        Wot?

        LB is a "Guest"?

        How come?

        Tis a different Lucifer Box.

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