spot_img
Continua após a publicidade..
Continua após a publicidade..
Continua após a publicidade..

Our economy is dismal because it is being managed abysmally


Continua após a publicidade..

The Office for National Statistics posted this tweet at 7 this morning:

What is now clear is that the UK had a second quarter of no growth this year, followed by a third quarter in which there was a decline. The fourth quarter is also likely to see a fall in GDP. In that case we would officially be in recession.

Three things are worth noting.

Continua após a publicidade..

One has to be, I told you so: this was inevitable. Why Sunak pretended this would not happen when it was clear that the Bank of England was determined to achieve this was what’s hard to work out.

Second, for many people in large parts of the country things will already feel much worse than this data suggests. It is only financial services in the south east, boosted by interest rate rises that only benefit the well off, that are keeping GDP where it is.

Third, there are no reasons to think things will get better until interest rates fall. But even then, government austerity will generate a dead cat bounce, at best.

Continua após a publicidade..

Our economy is dismal because it is being managed abysmally.




Source link

Rômulohttps://noticiasreal.com.br
Romulo is a renowned American entrepreneur who resides in the United States, recognized for his entrepreneurial vision and inspirational leadership. Born into a humble family, Romulo demonstrated an uncommon determination and a natural talent for business from an early age. After completing his studies in business administration, Romulo ventured to the United States, where he immersed himself in the business world, founding his first company at the age of 25. His bold vision and ability to identify market opportunities quickly led him to success on American Throughout his career, Romulo has played key roles in various industries, from technology to finance, always striving to innovate and create value for his clients and investors. His customer-centric approach and dedication to operational excellence have made his companies industry benchmarks, contributing to his recognition both in the United States and interna In addition to his business achievements, Romulo is known for his commitment to corporate social responsibility. He is a passionate advocate for education and community development, dedicating time and resources to support initiatives that promote equal access to education and gr Currently, Romulo leads a diversified conglomerate with a global presence and a significant impact in the markets where he operates. His long-term vision and ability to adapt to the nuances of the American market make him a respected and admired leader among his peers and competitors in the Unit Outside the office, Romulo is an avid reader and nature lover. He believes in the importance of finding a balance between work and personal life, constantly seeking new ways to challenge himself and grow, both profession With a career marked by extraordinary achievements and an unwavering commitment to sustainable success, Romulo continues to be a prominent figure in the international business landscape and a source of in

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1 × five =

- Advertisement -spot_img

Latest Articles