15-01-2018, 15:07
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#1088
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Woke and proud !
Join Date: Jun 2004
Services: TV, Phone, BB, a wife
Posts: 9,134
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Re: Government & Post Election Discussion
Quote:
Originally Posted by heero_yuy
I suppose if you're hell-bent on cocking up the economy then you would be crowing.
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This Govt. don't appear to need any help with that.
http://www.independent.co.uk/news/bu...-a8155296.html
Quote:
The UK economy grew at its weakest rate in five years in 2017, according to the latest forecast by PwC.
The accountancy and professional services firm said on Friday that its nowcasting model suggested GDP grew by 0.4 per cent in the final three months of the year.
This would take calendar year growth to 1.8 per cent, down from 1.9 per cent in 2016 and the weakest expansion since the 1.5 per cent growth seen in 2012, at the height of the eurozone crisis.
The UK economy has slowed over the past 12 months due to the increase in inflation stemming from the drop in the pound in the wake of the 2016 Brexit vote, which has squeezed household disposable incomes.
Business investment has also come in much weaker than expected, which surveys suggest is due to uncertainty among firms related to post-Brexit trade arrangements.
The UK slowdown comes as GDP growth in the eurozone and the US picks up strongly.
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