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UK economy growing at fastest rate since 2007 ONS SAYS.


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That's right there was never a recession at all.

 

oh the irony, AWOL refuses to accept the stats that say we are out of recession but believes those that said we were and they both came form the same organisation.

 

The left was never that bright :hihi:

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Good news and as already pointed out there are more in work. Whatever happened 3mths ago or happens in 3mths time it is still currently good news.

 

Seems like most people on this forum are very negative in general and would rather see the economy flat on it's arse. It's a good job we aren't all like that otherwise Sheffield would be a very miserable place!

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http://www.bbc.co.uk/news/20078596

 

The UK economy grew by 1.0% between July and September, compared with the previous three months.

 

Good news indeed as UK growth is far higher than predicted at a time when the economy of the Eurozone shrank 0.2%, and we never lost our AAA credit rating so our repayments are affordable.

 

Double plus good news indeed!!

 

Perhaps now that our GDP is only 3% below what is was in 2007 due to this lovely growth quarter, the Capitalists will be happy to once again gamble some of the billions they've accumulated this recession and begin pushing the banks into giving us all credit cards and mortgages at interest once more so we can buy the goods we actually produce for them at profit and pretend for a few more years that we're all wealthy until the next set of bail outs come around.

 

I mean actually raising worker's wages just led to the brutality of having to destroy the Labour Unions and that's such an old fashioned idea of how Capitalism should work- credit cards, mortgages and bail outs are a much prettier option for a population so stuck in the old Zeigeist that they still think politicians will protect their interests if they can just get the right party in.

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Perhaps now that our GDP is only 3% below what is was in 2007 due to this lovely growth quarter, the Capitalists will be happy to once again gamble some of the billions they've accumulated this recession and begin pushing the banks into giving us all credit cards and mortgages at interest once more so we can buy the goods we actually produce for them at profit and pretend for a few more years that we're all wealthy until the next set of bail outs come around.
FSA says no more toxic mortgages.

 

It's taken long enough for relevant parties to acknowlege their legacy, so this latest from the FSA comes as no surprise whatsoever. Long overdue, to be fair.

 

Get out of your cave and keep up ;)

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Double plus good news indeed!!

 

Perhaps now that our GDP is only 3% below what is was in 2007 due to this lovely growth quarter,

 

That's not too bad considering it dropped 6.5% between 2007 and 2009 and is now around 1.4% higher than May 2010.

There are an awful lot of countries around the EU that would love to be able to say the same.

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Its a policy to be upbeat, who wants to know the truth? So business is booming, or is that the financial sector, as manufacturing, as in making stuff, continues to decline.

 

Of course things are improving, the energy companies are rejoicing at the fact the plebs have to pay what they are told. The supermarkets make billion out of playing with food prices.

 

As for the oil companies, they cannot contain their good fortune.

 

As for the plebs, well in our democracy they do as they are told, and pay up on demand.

 

Seems like things can only get better for the minority

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