Search results

That's a result of what is effectively deliberate pessimism at the ONS where they compile the statistics. They always err on the side of caution when estimating the data. Interestingly, in the US, the opposite is true and initial estimates are almost always revised downwards.

And today the British Chambers of Commerce have announced that their survey results for Q1 were higher than previously, and they expect the economy to grow by 0.3% in the quarter. BBC News - UK economy I don't really understand (or, I think, agree) with this point. 'Real' economic growth...

Er, what? You do realise that the 'growth' talked about in the original article is GDP? How do you figure that slashing prices by 50% would lead to rapid growth in GDP? For what it's worth, I still believe that the economy will probably avoid a technical recession (i.e. there will be growth in...