UK GDP figures out this morning

[Jog On]

Consumers run out of steam

Doesn't look good. What little growth is there is due to momentum that built up before the Brexit vote. In other words the referendum took place within the context of a good strong economy and rather like a free wheeling bicycle is now slowing down.

With or without front brakes?

[milanbenes]

With or without front brakes?

the wheel is rubbing against the frame and slowing itself down

Milan.

[scooterscot]

Germany manages very well without large consumer spending.

The UK should have to learn to do the same. .

The Germany government makes long term plans to encourage stable growth. UK favours short-term fix it jobs until the next election. Rinse and repeat.

[Mordac]

Why would there be a Corbyn government? The current government is doing such a good job!

I see what you did there...

[Mordac]

The Germany government makes long term plans to encourage stable growth. UK favours short-term fix it jobs until the next election. Rinse and repeat.

The Greeks would probably disagree with that assessment. I'm sure Phil will be along shortly to give his own opinion re. the Germans...

[northernladyuk]

Probably caused by the fear of an impending Corbyn government...

Caused by the snap election caused by the EU Referendum result.

[PurpleGorilla]

Consumers run out of steam

Doesn't look good. What little growth is there is due to momentum that built up before the Brexit vote. In other words the referendum took place within the context of a good strong economy and rather like a free wheeling bicycle is now slowing down.

It's the end of the debt binge. Can't go on forever.

[BrilloPad]

It's the end of the debt binge. Can't go on forever.

Rubbish! A long way to go yet.

[Jog On]

the wheel is rubbing against the frame and slowing itself down

Milan.

At least it has a strong and stable inner tube...

[BrilloPad]

At least it has a strong and stable inner tube...

Just waiting for the French to moan about the "magic" wheels....