He could have said before the election.

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PurpleGorilla replied

14 May 2015, 10:58
Originally posted by lilelvis2000 View Post

Growth? where?
wage growth is minimal. productivity is flat.

Are they counting house price increases or just the increasing price of petrol.

Lol so true, so true :-)
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lilelvis2000 replied

14 May 2015, 10:52
Originally posted by Troll View Post

Curious timing for the BoE Carey saying migrants are dragging UK wages down

Yup..UK economy highly dependant on cheap labour as productivity investment is nil. Need to make more widgets for same wage bill...hire someone cheaper.
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Troll replied

14 May 2015, 10:27
Curious timing for the BoE Carey saying migrants are dragging UK wages down
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BrilloPad replied

14 May 2015, 10:24
Originally posted by lilelvis2000 View Post

Growth? where?
wage growth is minimal. productivity is flat.

Are they counting house price increases or just the increasing price of petrol.

House prices and immigration are the only things increasing GDP.
Leave a comment:
lilelvis2000 replied

14 May 2015, 10:22
Growth? where?
wage growth is minimal. productivity is flat.

Are they counting house price increases or just the increasing price of petrol.
Leave a comment:
original PM replied

14 May 2015, 07:11
but there is still growth?

which is a good thing?

surely?
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TheFaQQer replied

13 May 2015, 15:34
But the Bank of England are independent - that was an Ed Balls idea.
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BrilloPad started a topic He could have said before the election.

13 May 2015, 11:03
He could have said before the election.

Bank of England says UK economy to grow by 2.5% in 2015 - BBC News

The Bank of England has cut its 2015 growth forecast from 2.9% to 2.5%, and for next year from 2.9% to 2.6%, as governor Mark Carney unveiled his quarterly inflation report.

I demand a re-vote!
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