Tuesday, Oct 23, 2007

Households’ finances not so strong

Times Online: UK's economic growth built on unsustainable foundations, new studies say

Two new reports suggest that UK econmic growth is not so healthy as some claimed before. "Policy Exchange, the centre-right think-tank, says today that the UK’s unprecedented period of consistent growth and low inflation is “more mirage than miracle”. It argues that Britain’s record is worse than its rivals’ and is too reliant on erosion of savings and on rises in debt and immigration."

Posted by peter @ 10:26 AM (220 views) Add Comment

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