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Economy plunges 0.7% in Q2
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No link - but looking at Shock figures show UK economy plunged 0.7% in second quarter | Business | guardian.co.uk
09:30 BST UK GDP FALLS BY 0.7% IN Q2
Here's a breakdown of the data:
Britain's service sector shrank by 0.1% in the quarter
Industrial output fell by 1.3%
Construction output fell by 5.2%.
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Expected fall was 0.2%. This could get interesting. -
Originally posted by BrilloPad View PostNo link - but looking at Shock figures show UK economy plunged 0.7% in second quarter | Business | guardian.co.uk
09:30 BST UK GDP FALLS BY 0.7% IN Q2
Here's a breakdown of the data:
Britain's service sector shrank by 0.1% in the quarter
Industrial output fell by 1.3%
Construction output fell by 5.2%.
------------------------------------------
Expected fall was 0.2%. This could get interesting.Comment
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Originally posted by wurzel View PostOne of the "experts" in that link is blaming the fall in construction output on the weather. Sub zero temperatures I can understand, but a bit of rain?Comment
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So the recession picks up speed.
Maggie would have had interests rates in double digits and we would have had a proper recession and been lean an mean and hungry by now. Instead we get much more of the same that got us here.Comment
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Originally posted by TimberWolf View Post
So the recession picks up speed.
Maggie would have had interests rates in double digits and we would have had a proper recession and be lean an mean and hungry by now. Instead we get much more of the same that got us here.
They missed their chance, or rather he did, a couple of years ago.Work in the public sector? Read the IR35 FAQ hereComment
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Originally posted by OwlHoot View PostThey missed their chance, or rather he did, a couple of years ago.
Hard to see what they can do from here without looking stupid. I suppose they will wait for the next budget.Comment
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Originally posted by OwlHoot View PostUnfortunately Cameron and his Lib Dem cronies are betwetting bottlers.
One had proper political convictions she actually lived by the other lot are just....."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by SueEllen View Post
You can't compare "posh public school boys" to Thatcher.
One had proper political convictions she actually lived by the other lot are just.....
It's the courage that is lacking. But then as Benjamin Disraeli said (and the quote is on that page), "You will find as you grow older that courage is the rarest of all qualities to be found in public men".Work in the public sector? Read the IR35 FAQ hereComment
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Seems to me that the coalition have made a good, if not great, deficit reduction:
this from the BCC, not politicians:
http://www.britishchambers.org.uk/pr...bcc120124.htmlHard Brexit now!
#prayfornodealComment
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