Last 6 months London just sems covered in roadworks - plus trains being upgraded (e.g. London Bridge). Seems to be Olympics related - to give Johnny Foreigner a good impression of us.
I reckon this is the only thing holding up the economy at the moment - once the olympics are out of the way this spending is going to disappear and rather than getting a post-olympic boost we are going to get a post-olympic slump.
And the only reason that Q1 GDP will be flat rather than slightly negative was telling everyone to fill up with petrol immediately, ostensiably to beat the strike but really to get spending back from April 1st to March 31st.
I reckon this is the only thing holding up the economy at the moment - once the olympics are out of the way this spending is going to disappear and rather than getting a post-olympic boost we are going to get a post-olympic slump.
And the only reason that Q1 GDP will be flat rather than slightly negative was telling everyone to fill up with petrol immediately, ostensiably to beat the strike but really to get spending back from April 1st to March 31st.
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