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Uk Economic Growth Revised Up To 0.7%

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http://www.bbc.co.uk/news/business-23807182

Economic growth in the UK during the second quarter of the year has been revised up to 0.7% by the Office for National Statistics (ONS).

The initial estimate, released in July, suggested growth domestic product (GDP) - the UK's economic output - had risen by 0.6% from the previous quarter.

The ONS said the revision reflected small upward adjustments to the estimated output of several industries.

The recovery is here!!!

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Economic growth in the UK during the second quarter of the year has been revised up to 0.7% by the Office for National Statistics (ONS).

It's presented as such a good thing but these days as the 0.7% is mainly based on printing and borrowing it means that the average person just got poorer by another 0.7%.

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It's presented as such a good thing but these days as the 0.7% is mainly based on printing and borrowing it means that the average person just got poorer by another 0.7%.

No word on how much the total debt has gone up over the quarter, naturally.

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