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29th April 2014 #1
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UK economy grows by 0.8% in first quarter
The UK economy grew by 0.8% in the first quarter of 2014, according to the latest figures.
Source:-
http://www.bbc.co.uk/news/business-27203433
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29th April 2014 #2
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Good to see manufacturing moving in the right direction
A very significant number of housebuilding projects in full swing in my area.
Quite a lot of activity on most of the out-of-town industrial and retail site too.
I've notice a hugh new Lidl store being under construction right next door to a local Sainsbury's superstore too......could be interesting
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29th April 2014 #3
Its always good to hear news about an improving economy.. My problem with this type of news is that it never seems to include other parts of the ledger...Like inflation or debt..
Tell us really how it is...We can take it!!
Probably not though.
Tell you what...Lets brush it under the carpet again..
Those two undesirable entries might simply vanish.
At least in our lifetimes!!
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29th April 2014 #4
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29th April 2014 #5
Yes Peter 1.29 trillion Quid and the debt clock keeps ticking.
Fortunately,interest rates are low for debtors....For now.
What worries me is that we hardly hear about it from Politicians anymore.. I think its because none of them have an answer,let alone a long term policy to reduce UK debt..
I read somewhere that the U.S constitution allows the FED to just print $$`s without a reserve of gold to clear debt ..
Pretty cool huh!!
The role of the bond market
The British Government borrows money by selling bonds, known as 'gilts'. These bonds are sold at regular auctions held by the UK Debt Management Office (DMO), on behalf of Her Majesty's Treasury.
http://www.debtbombshell.com/bond-market.htm
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29th April 2014 #6
Good news
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29th April 2014 #7
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That's why it's good news to see the UK economy recovering and moving nicely in a positive direction.
With continued growth and increasing employment comes increased tax revenues.
Sterling is pretty strong and summer is on it's way.
Personally, I'd be more concerned with the Chinese economy and the amount of debt it holds in the west.
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29th April 2014 #8
Good news if you beleive what they are saying. Millions still not feeling the benefit.
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29th April 2014 #9
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Sheriel From Leyte
Ok,one MP to another our manufacturing keeps on Growing and Exports to our neigbours,the reply from the other MP is I am sorry but I don't think we make anything anymore,ha ha ,
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30th April 2014 #10Good news if you beleive what they are saying. Millions still not feeling the benefit.
You are starting to make me,Dedworth and graham look like we on happy drugs.
Bloody hell Andy you don't even like good news
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