UK economic growth revised up to 0.3%

[TimberWolf]

http://news.bbc.co.uk/1/hi/business/8538293.stm

The Pound has started to recover a bit today.

[Moscow Mule]

<Labour spin>

200% increase in GDP!!!

</Labour Spin>

[TimberWolf]

The Pound has started to recover a bit today.

Umm, well it was showing a small recovery earlier this morning, but is dropping against the Euro now.

[HairyArsedBloke]

Better than expected upward revision to the GDP figures supporting belief that the UK has emerged from recession and .....

.... nobody gives a frak. FTSE unmoved, and - apart from a bit of bouncing around when the figures came out - so is Cable.

[Menelaus]

http://news.bbc.co.uk/1/hi/business/8538293.stm

The Pound has started to recover a bit today.

I'd love this to be true but I've no confidence whatsoever in the Labour parties' ability to produce valid data on this and by sampling they can say anything that they like, after all.

[doodab]

I'd love this to be true but I've no confidence whatsoever in the Labour parties' ability to produce valid data on this and by sampling they can say anything that they like, after all.

Erm, they don't produce the data. It's done by the ONS.

FWIW, the YoY figure was revised downwards to -3.3% which probably explains the drop in the value of the pound.

[TimberWolf]

Erm, they don't produce the data. It's done by the ONS.

FWIW, the YoY figure was revised downwards to -3.3% which probably explains the drop in the value of the pound.

Ah, I was wondering whether the market thought the revised figures suggested a hung parliament was more likely.

[Doggy Styles]

Early election it is then.

[MrMark]

Early election it is then.

with a normal human being as PM, and with a modicum of back-bone, I'd agree with you. Remember we're talking about Gordon Brown here though.

[DimPrawn]

Early election it is then.

I had one of those this morning.