View Full Version : Oh Dear: Economic growth worst since 2003

Lucifer Box
25th May 2005, 15:24
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 (http://news.bbc.co.uk/1/hi/business/4579081.stm)

Tax increases, anyone?

17th January 2013, 13:14
Imagine the economy only growing by 0.5%. What a disaster.....

17th January 2013, 13:24
Imagine resurrecting a thread from 2005 !

17th January 2013, 13:59

LB is a "Guest"?

How come?


Tis a different Lucifer Box (http://forums.contractoruk.com/members/lucifer-box.html).