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Brown optimistic over UK economy
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Author:  pcernie [ Sat Oct 10, 2009 9:25 am ]
Post subject:  Brown optimistic over UK economy
http://news.bbc.co.uk/1/hi/uk/8300347.stm

Quote:
Mr Brown said: "If you have a growth policy for Britain, get unemployment down, get the economy moving forward, then Britain can have upgrowth," he said.


Anyone know what this 'growth policy' actually is, or is it just something Gordon's aspiring to?

He seems to be at odds with his own Treasury if nothing else:

Quote:
"We've said that the economy will grow by 1.5% next year and more people are moving towards our position," he said.

Mr Brown's assessment of the rate of recovery contrasts with the Treasury's forecasts for annual growth of 1.25%.

And the IMF has made a prediction of 0.9%.


:oops:
Author:  ProfessorF [ Sat Oct 10, 2009 9:50 am ]
Post subject:  Re: Brown optimistic over UK economy
What's upgrowth? Is it double plus good?
Author:  jonlumb [ Sat Oct 10, 2009 9:51 am ]
Post subject:  Re: Brown optimistic over UK economy
ProfessorF wrote:
What's upgrowth? Is it double plus good?


It's over 9000, that's for sure.
Author:  Amnesia10 [ Sat Oct 10, 2009 12:05 pm ]
Post subject:  Re: Brown optimistic over UK economy
I think that there may be one or two quarters of growth but the problem is that banks are still not lending so the recovery will be very short before we slip back into recession which will be even worse once the Tories start cutting government spending.
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