Tuesday, Oct 06, 2009
Green shoots withering
BBC: UK economy 'is still not growing'
"Contrary to expectations, the UK economy did not grow in the third quarter of the year, an influential economic group has predicted.
Gross domestic product (GDP) was unchanged from July to September, the National Institute of Economic and Social Research (NIESR) calculated.
Official GDP figures for the third quarter will be released on 23 October."
Posted by phdinbubbles @ 03:12 PM (366 views) Add Comment
2 Comments
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1. mr g said...
"Many economists predicted there would be growth in the three-month period, which would end the UK recession"
Probably the same clowns who forecast an increase in industrial output in August who exemplify everything that's wrong with this country, high salaries for socially useless jobs.
2. paul said...
But house prices are going up ...