The UK economy shrank more than expected in July, driven by strike action by NHS workers and teachers, according to official figures.
Yes, just rain and traitors, nothing to worry about.
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https://www.bbc.co.uk/news/business-66785572
Yes, just rain and traitors, nothing to worry about. -
"The ONS said the drop was driven by the industrial action, with senior doctors and radiographers striking over pay on two days each, and junior doctors walking out on five days in the month."
That's a hell of a stable economy if a few days of striking brings it down so much. We seem to be scraping the bottom, can't we just agree we are in recession?Comment
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It's actually worse than a recession.Originally posted by dsc View Post
MARCH: Down 0.3%
APRIL: Up 0.2%
MAY: Down 0.1%
JUNE: Up 0.5%
JULY: Down 0.5%
Inflation: 6.4% (If you believe that)
All we are missing is for them to admit rising unemployment and boom, stagflation, which is far far worse than a recession as the treatment for your cancer is AIDS and vice versa.Comment
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are you welsh??Comment
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CPI? RPI?Originally posted by JustKeepSwimming View Post"You’re just a bad memory who doesn’t know when to go away" JRComment
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CPI, it's always been CPI, RPI never heard of it.Originally posted by SueEllen View Post
War is peace...
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Fill your boots with ONS indicesOriginally posted by JustKeepSwimming View Post
https://www.ons.gov.uk/economy/infla...(PDF%2C%2099KB).
RPI = retail price index.
CPIH = consumer prices index with owner occupier housing costs"You’re just a bad memory who doesn’t know when to go away" JRComment
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Citizen you are wrong. It is CPI, it has always been CPI. Please report to the nearest re-education centre.Originally posted by SueEllen View PostComment
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Sorry R!sh! I know you don't like any housing costs included.Originally posted by JustKeepSwimming View Post"You’re just a bad memory who doesn’t know when to go away" JRComment
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I see the RICS house price balance is -68%. Ouch.Comment
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