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UK economy was the weakest in Europe in the first quarter of 2017

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    UK economy was the weakest in Europe in the first quarter of 2017

    Any more of this strong and stable and the UK will disappear like a fart in the wind.



    The UK had the lowest GDP growth rate in the European Union in the first quarter of 2017, according to the European statistics agency Eurostat.

    Britain's 0.2 per cent expansion in the three months to March, down sharply from the 0.7 per cent growth in the final quarter of 2016, put it at the bottom of the EU league table.

    The UK's large Continental peers - Germany, France - grew by 0.6 per cent and 0.4 per cent respectively.

    Reports last week suggested said Italy's economy had grown by 0.2 per cent in the first quarter - equal to the UK. But Eurostat now puts Italy's growth at 0.4 per cent.

    Even Greece, which has endured years of depression, grew faster than the UK, with its economy expanding by 0.4 per cent.

    Data is not yet available for Malta, Luxembourg and Ireland, but given those economies grew at a quarterly rate of 1.7 per cent, 1.3 per cent and 2.5 per cent respectively in the final quarter of 2016 it would take a remarkable collapse for them to come below the UK.
    source: The chart that shows the UK economy was the weakest in Europe in the first quarter of 2017 | The Independent
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    #2
    That just goes to show the UK is getting leaner and meaner.

    Comment


      #3
      A bit like typing halt on the console and the message is now saying "your country will shut down in 22 months"

      I'm alright Jack

      Comment


        #4
        whoopty do.

        Five out of the six EU founding members are in the lower half of growth.

        Not such a ringing endorsement.
        http://www.cih.org/news-article/disp...housing_market

        Comment


          #5
          Originally posted by PurpleGorilla View Post
          whoopty do.

          Five out of the six EU founding members are in the lower half of growth.

          Not such a ringing endorsement.
          They're trying to compete with the UK to become leaner and meaner.

          Comment


            #6
            Originally posted by northernladyuk View Post
            They're trying to compete with the UK to become leaner and meaner.
            Lucky them.
            http://www.cih.org/news-article/disp...housing_market

            Comment


              #7
              Originally posted by PurpleGorilla View Post
              Lucky them.
              But I don't think they'll manage it. UK is leading the way!

              Comment


                #8
                Originally posted by northernladyuk View Post
                But I don't think they'll manage it. UK is leading the way!
                I think this gets the mood... (NSFW)

                https://youtu.be/c0HBhVG9VB0
                http://www.cih.org/news-article/disp...housing_market

                Comment


                  #9
                  Originally posted by PurpleGorilla View Post
                  I think this gets the mood... (NSFW)

                  https://youtu.be/c0HBhVG9VB0
                  I'm at work. Is it Mike Reid's Calypso song again?

                  Comment


                    #10
                    Originally posted by northernladyuk View Post
                    I'm at work. Is it Mike Reid's Calypso song again?
                    No!

                    Akala - Bull****
                    http://www.cih.org/news-article/disp...housing_market

                    Comment

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