UK economy returns to growth

[Terpe]

http://news.bbcimg.co.uk/media/images/63704000/gif/_63704378_gdp_olympics_624.gif

The UK economy emerged from recession in the three months from July to September, helped by the Olympic Games.


Source:-
http://www.bbc.co.uk/news/business-20078231

[andy222]

Can you smell something that comes from a bulls backside?.:hubbahubba:

[lastlid]

How about a horses? :biggrin:

[andy222]

That as well.:icon_lol:

[lastlid]

One swallow doesn't make a spring. But it is a foundation to be built on. Need to see the positive figures being repeated over a sequence of time...

[stevewool]

may get a pay rise now:icon_lol::icon_lol::icon_lol::icon_lol:

[andy222]

One question. Where do they dream these figures up from?
Ford sheds 1,400Nearly 700 Waverley workers made redundant.Oh I forgot. Debenhams announces 1,700 new retail posts (http://www.guardian.co.uk/business/2012/oct/25/ford-1300-job-cuts-plants-dagenham-southampton).I dont know what product debenhams are going to make and export.:icon_rolleyes:

[bigmarco]

One question. Where do they dream these figures up from?
Ford sheds 1,400Nearly 700 Waverley workers made redundant.Oh I forgot. Debenhams announces 1,700 new retail posts (http://www.guardian.co.uk/business/2012/oct/25/ford-1300-job-cuts-plants-dagenham-southampton).I dont know what product debenhams are going to make and export.:icon_rolleyes:

At least it's good to see some growth for a change but I think it's a bit premature to say the recession is over. Lets see how the next quarter goes.
As for Debenhams 1700 jobs, I wouldn't be getting to excited as The Telegraph ran an article last week saying retail chains were closing 32 shops per week since June which of course included the Olympic period when we were led to believe that tourists would be throwing their money all over London.

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9615901/32-shops-closing-every-day-in-Britain.html

[stevewool]

1700 jobs, is it to cover the xmas rush

[andy222]

http://www.bbc.co.uk/news/uk-politics-20081844

Made to look a right idiot.:doh