UK economy.

[Leekbrookgull]

Yes,still an awful lot more to do,but these figures surely have to be seen in a positive light ? No doubt there will be those that would have still prefered Gordon ''no boom and bust'' Brown at No11. http://www.bbc.co.uk/news/business-28479902

 

[Beach Hut]

Just shows the lefties how clueless they are.

However there are still serious economic issues that need addressing such as an interest rate rise which will happen will cause major concerns, wage deflation is halting spending and house prices remain obscene.

 

[melias shoes]

Just shows the lefties how clueless they are.

However there are still serious economic issues that need addressing such as an interest rate rise which will happen will cause major concerns, wage deflation is halting spending and house prices remain obscene.

Agree with this. House prices IMO have always been obscene.

 

[CheeseRolls]

Just shows the lefties how clueless they are.

However there are still serious economic issues that need addressing such as an interest rate rise which will happen will cause major concerns, wage deflation is halting spending and house prices remain obscene.

Indeed if we had those lefty planks in charge the deficit would still be going up ! They whine on and on about austerity, but we were all in it together and now there is no deficit.

 

[glasfryn]

Never mind there are plenty of














food banks

 

[dejavuatbtn]

Ed Balls just hasn't got a clue about economics.

 

[Greyrun]

Indeed if we had those lefty planks in charge the deficit would still be going up ! They whine on and on about austerity, but we were all in it together and now there is no deficit.

Not according to Ed,he said today if they had been re-elected the economy would have continued on its growth path and we would have reached this position far sooner.

 

[Justice]

Yes,still an awful lot more to do,but these figures surely have to be seen in a positive light ? No doubt there will be those that would have still prefered Gordon ''no boom and bust'' Brown at No11. http://www.bbc.co.uk/news/business-28479902

The markets today didn't think much of George Osbourne's 'Mile stone.'

 

[red star portslade]

The poor have always been poor and nothing changes other than the faces of the people telling us that we've never had it so good.

 

[beorhthelm]

Last year the richest 1,000 people in the country increased their personal wealth by £65 billion.

that is a fine example of meaningless statistics.

 

[Beach Hut]

"We're in this together" - Last year the richest 1,000 people in the country increased their personal wealth by £65 billion.

You do not really get it do you, every year they increase their wealth as does anyone fabulously rich, I suspect £65M was lot lower than some years.

What would you prefer, communism ?

 

[Silk]

that is a fine example of meaningless statistics.

Why? Just because you say so?

 

[Silk]

Indeed if we had those lefty planks in charge the deficit would still be going up ! They whine on and on about austerity, but we were all in it together and now there is no deficit.

Now there is no deficit? Which universe do you get your newspaper from?

 

[beorhthelm]

Why? Just because you say so?

because it lacks context. there were two newcomers to the list that added 12bn instantly, and much of the wealth at the top is caluculations of asset values. property and shares often not even in this country. the wealth of the Hinduja's and Usmanov doesnt make any difference to the "regular people" in this country, except those they employ in their offices. so the stat "1000 richest increased wealth by £65Bn" has no real meaning, its just presentation of a number to shock.

 

[Wally Goulds right toe]

"We're in this together" - Last year the richest 1,000 people in the country increased their personal wealth by £65 billion. Meanwhile the regular worker is still far worse off than pre-recession, with significantly less job security and lower wages, as our vital public services and welfare continue to see cuts.

We're all bending over and taking it for the sake of these essentially meaningless statistics. The only winners are the rich, and the politicians who have related corporate interests.

I think Mustafa has it about right.

 

[Spider]

Public sector wages have not risen, let alone risen above inflation, for ages. Investment in public services is similarly useless. I'm really struggling to see what an improved economy is actually supposed to mean to me in real terms.

 

[Wrong-Direction]

"We're in this together" - Last year the richest 1,000 people in the country increased their personal wealth by £65 billion. Meanwhile the regular worker is still far worse off than pre-recession, with significantly less job security and lower wages, as our vital public services and welfare continue to see cuts.

We're all bending over and taking it for the sake of these essentially meaningless statistics. The only winners are the rich, and the politicians who have related corporate interests.

I agree

 

[Diego Napier]

Indeed if we had those lefty planks in charge the deficit would still be going up ! They whine on and on about austerity, but we were all in it together and now there is no deficit.

You're either living on a different planet or dimmer than dim.

In June, the UK current account yearly deficit stood at over £24bn.

The economy as measured by GDP may be under a good head of steam, driven along by the Services sector (not Manufacturing or Construction) but the Coalitions' borrowing continues to soar upwards to record heights.

 

[Notters]

Christ. Anyone who thinks our government has any serious bearing on the economy needs to have a serious think. Peaks and troughs are surely a lot
global issue now over which we have absolutely no control and Brown was no more to blame for the last recession than Osborne is for the recovery. In fact the economy always recovers from a recession even though it looks hopeless at the time.

I think I could explain this better if I wasn't pissed but we are just a tiny cog in a very large and uncontrollable machine.

 

[Notters]

Public sector wages have not risen, let alone risen above inflation, for ages. Investment in public services is similarly useless. I'm really struggling to see what an improved economy is actually supposed to mean to me in real terms.

The private sector is little better.