Originally posted by ChimpMaster
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Recession over (probably)
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Could this have had something to do with everyone spending before 31-Dec when VAT went back up and the car discounts dried up?Comment
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Originally posted by Doggy Styles View PostCould this have had something to do with everyone spending before 31-Dec when VAT went back up and the car discounts dried up?Comment
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Originally posted by AtW View PostHave you seen the weather on 31st? I have not seen many cars on the road apart from mineComment
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The currency markets don't seem particularly enamoured with Sterling subsequent to the ONS release.Comment
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Bet on a March election.
The figures for Q1 2010 should be worse, as the effects of QE, VAT cut and car stimulus disappear.
The Q1 2010 figures will come out in three months. If Labour left the election until the last moment, in May, we'd go back into recession in the middle of their election campaign.Comment
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Originally posted by Doggy Styles View Postwe'd go back into recession in the middle of their election campaign.Comment
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Originally posted by AtW View PostThat's the beauty - definition of recession requires 2 consecutive quarters of reduced GDP, so technically (unless this number is revised - I think it may go upwards a bit) Britain won't be officially again in recession until after June at the earliest.
If July does indicate we are back in recession, the first quarter will be posthumously included in the period of recession. It's just that we won't know until July, after the election.Comment
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"Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
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Originally posted by Doggy Styles View PostBet on a March election.
The figures for Q1 2010 should be worse, as the effects of QE, VAT cut and car stimulus disappear.
The Q1 2010 figures will come out in three months. If Labour left the election until the last moment, in May, we'd go back into recession in the middle of their election campaign.Speaking gibberish on internet talkboards since last Michaelmas. Plus here on TwitterComment
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