vinyl Posted February 12, 2012 Author Share Posted February 12, 2012 Yes we, now be told. There's a very interesting headline. Bank of England moves to stave off recession http://www.mortgageintroducer.com/mortgages/242495/5/Industry_in_depth/Bank_of_England_moves_to_stave_off_recession.htm The move was widely expected in an attempt to stave off a recession. Brian Murphy, head of lending at Mortgage Advice Bureau, said: “This latest £50bn injection was widely predicted despite the fact that leading indicators for the UK in January have returned positive findings and inflation has been coming down. Link to comment Share on other sites More sharing options...
Mecky Posted February 12, 2012 Share Posted February 12, 2012 There's a very interesting headline. Bank of England moves to stave off recession http://www.mortgageintroducer.com/mortgages/242495/5/Industry_in_depth/Bank_of_England_moves_to_stave_off_recession.htm The move was widely expected in an attempt to stave off a recession. Brian Murphy, head of lending at Mortgage Advice Bureau, said: “This latest £50bn injection was widely predicted despite the fact that leading indicators for the UK in January have returned positive findings and inflation has been coming down. so, economists having been saying since Nov 2011 that we have dipped back into recession yet you chose to ignore it. Link to comment Share on other sites More sharing options...
vinyl Posted February 12, 2012 Author Share Posted February 12, 2012 so, economists having been saying since Nov 2011 that we have dipped back into recession yet you chose to ignore it. No they didn't. It is something that you made up. Link to comment Share on other sites More sharing options...
joiner andy Posted February 12, 2012 Share Posted February 12, 2012 this £50 billion, wheres that come from? if we have created it out of thin air, why are we in a recession? Link to comment Share on other sites More sharing options...
vinyl Posted February 12, 2012 Author Share Posted February 12, 2012 this £50 billion, wheres that come from? if we have created it out of thin air, why are we in a recession? We aren't in a recession. It is all part of the measures to make sure we don't have one. http://www.guardian.co.uk/business/2012/feb/09/recession-fears-ease-manufacturing-rebounds?newsfeed=true Recession fears ease as manufacturing rebounds strongly Economists say new figures add to evidence the UK could post at least some growth this quarter and avoid recession UK factories enjoyed much stronger output growth than expected in December and Britain's trade gap narrowed, boosting hopes recession could still be averted. Manufacturing output rose five times faster than expected, up by 1% on the month in the strongest growth for seven months, according to the Office for National Statistics. Link to comment Share on other sites More sharing options...
joiner andy Posted February 12, 2012 Share Posted February 12, 2012 We aren't in a recession. It is all part of the measures to make sure we don't have one. http://www.guardian.co.uk/business/2012/feb/09/recession-fears-ease-manufacturing-rebounds?newsfeed=true even so, if we are magicing money why are we making cuts? Link to comment Share on other sites More sharing options...
Mecky Posted February 12, 2012 Share Posted February 12, 2012 No they didn't. It is something that you made up. No it isn't, as you know only to well. The government doesn't want to confirm it because it will further damage the economy and make the government look even worse and lose them votes, much in the same way they said they had no plans to privatise the NHS at election time but are now trying to push it forward. Link to comment Share on other sites More sharing options...
vinyl Posted February 12, 2012 Author Share Posted February 12, 2012 even so, if we are magicing money why are we making cuts? Because we don't want to end up like Greece. Link to comment Share on other sites More sharing options...
ricgem2002 Posted February 12, 2012 Share Posted February 12, 2012 didnt labour get shafted for borrowing money ? yet the condems print more money ? hope someone can explain this to me Link to comment Share on other sites More sharing options...
joiner andy Posted February 12, 2012 Share Posted February 12, 2012 Because we don't want to end up like Greece. its all very confusing Link to comment Share on other sites More sharing options...
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