Wednesday, 6 November 2013

UK growth is looking good

So the UK economy is recovering nicely.

Its growth is one of the highest in the Western world.

Business confidence is at its highest for ten years according to a survey by the Institute of Chartered Accountants.

This is excellent news for the country and, of course, for the Government and Chancellor George Osborne. However, the latter might come under pressure to share some of this recovery wealth with taxpayers, many of whom will not recognise this apparent good news story.

The third quarter showed growth at 0.8% in the UK, and Christmas spending, good demand in construction, and increasing business investment could produce a fourth quarter figure of 1.3%. Time will tell.

In the meantime, heads down, let's keep the growth going.

No comments:

Post a Comment