Well, since you ask......good news for Nissan and Sunderland, a deal has been struck potentially involving tax payers money, would be nice to know what it is and which other multinationals would be offered it. But apparently it's a secret.So the GDP figures were good news today. Nissan are staying and bloke on American TV said People want to work with the UK.
Even the 'remoaners' haven't got much to say!
Still a long way to go but all the doom and gloom mongers seem to be disappearing.
The GDP figures are estimates based on less than half of the data. The final figures routinely vary by 50% either way. GDP is meant to express the monetary value of all goods and services produced. All the growth this quarter has been in services, construction and manufacturing have both shrunk. I think the more relevant measures are inflation, wage rises relative to inflation, unemployment and the government tax take. Inflation and unemployment on the way up but not too bad, wages up largely due to the new minimum wage, and tax take way down.
If the GDP figure boost confidence a bit, great.
