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UK economic growth revised up to 0.6%

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    UK economic growth revised up to 0.6%

    Good news surely?

    "The UK economy grew by 0.6% between July and September, official figures have shown, faster than previous estimates of 0.5%.

    However, the growth estimate for the second quarter of the year was revised down from 0.1% to zero by the Office for National Statistics (ONS).

    The office also said the UK's current account deficit in the same period was £15.2bn, the highest on record."

    Source: BBC News - UK economic growth revised up to 0.6%

    Just for the benefit of Freamonger this is the current account meant in the article.



    "A deficit of £13.8 billion was recorded with the EU in the third quarter of 2011, compared with a deficit of £7.2 billion in the previous quarter."

    Source: http://www.ons.gov.uk/ons/rel/bop/ba...rter-2011.html

    ---

    It's ok, Sir Merv will print more money next year and all will be well

    #2
    dead cat bounce....
    How fortunate for governments that the people they administer don't think

    Comment


      #3
      Printing will save the day, always has, always will. Course, we will need a new currency afterward: beans and guns.

      Comment


        #4
        Originally posted by TimberWolf View Post
        beans and guns.
        Those with the guns will be eating caviar

        Comment


          #5
          Originally posted by AtW View Post
          Those with the guns will be eating caviar
          Nope.

          Those with the nukes will be eating radioactive sturgeon.
          What happens in General, stays in General.
          You know what they say about assumptions!

          Comment


            #6
            Where do you buy a gun anyway? France?

            Comment


              #7
              Originally posted by TimberWolf View Post
              Where do you buy a gun anyway? France?
              Anywhere apart from UK?

              Comment


                #8
                Originally posted by AtW View Post
                Those with the guns will be eating caviar
                On this day

                Comment


                  #9
                  Originally posted by TimberWolf View Post
                  Around 8-10 people on average die in UK every day as the result of fatal car crashes.

                  Comment


                    #10
                    Originally posted by AtW View Post
                    Anywhere apart from UK?
                    Oh... I don't know - I've offered illegal firearms twice in the past 10 years in the UK
                    How fortunate for governments that the people they administer don't think

                    Comment

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