UK takes first steps out of recession as economy returns to growth in January

[Neo]

https://images.ctfassets.net/pjshm78m9jt4/5mVToghyYwHLCyo1W4ZgVw/cbd745566af00bd275222d7ad5d86d6c/AP23360597232287.jpg?fm=jpg&fit=fill&w=400&h=225&q=80


The UK economy (https://www.itv.com/news/topic/economy) grew slightly in January after dipping into recession in the last quarter, according to the Office for National Statistics.
Gross domestic product (GDP) is estimated to have risen by 0.2% in January, following a decline of 0.1% in December, the Office for National Statistics (ONS) said.
A strong month for retail sales helped drive growth in January, as well as improved activity for housebuilders following a downturn in the housing market.
Commenting on today’s GDP figures for January, ONS Director of Economics Statistics Liz McKeown said: “The economy picked up in January with strong growth in retail and wholesaling.

https://www.itv.com/news/2024-03-13/uk-economy-grew-by-02-in-january

Great news for pension pots.

[Fall River]

UK donates 10,000 drones to Ukraine - Google Search (https://www.google.com/search?q=UK+donates+10%2C000+drones+to+Ukraine&rlz=1C1GCEU_enUS1101US1101&oq=UK+donates+10%2C000+drones+to+Ukraine&aqs=chrome..69i57.24095j0j1&sourceid=chrome&ie=UTF-8)

Full steam ahead for drone production:

[donttread]

UK donates 10,000 drones to Ukraine - Google Search (https://www.google.com/search?q=UK+donates+10%2C000+drones+to+Ukraine&rlz=1C1GCEU_enUS1101US1101&oq=UK+donates+10%2C000+drones+to+Ukraine&aqs=chrome..69i57.24095j0j1&sourceid=chrome&ie=UTF-8)

Full steam ahead for drone production:

War and debt build economies I guess

[Fall River]

How much debt does UK have? - Google Search (https://www.google.com/search?q=How+much+debt+does+UK+have%3F&rlz=1C1GCEU_enUS1101US1101&oq=How+much+debt+does+UK+have%3F&aqs=chrome..69i57.16855j0j1&sourceid=chrome&ie=UTF-8)

Wow, their debt is 101.2 % of gross domestic product.

[Neo]

How much debt does UK have? - Google Search (https://www.google.com/search?q=How+much+debt+does+UK+have%3F&rlz=1C1GCEU_enUS1101US1101&oq=How+much+debt+does+UK+have%3F&aqs=chrome..69i57.16855j0j1&sourceid=chrome&ie=UTF-8)

Wow, their debt is 101.2 % of gross domestic product.

Have no fear, it will be double that at the end of 4 years if the Labour Party win the election. :(

[Wilson2]

Don't be fooled by the govt propaganda numbers.

[Hillofbeans]

We had that here, the media went apeshit crazy trying to spin it off, lol

[Physics Hunter]

Have no fear, it will be double that at the end of 4 years if the Labour Party win the election. :(

I read your posts and can't figure you out for the life of me...

[Neo]

I read your posts and can't figure you out for the life of me...

It's simple. If the Labour Party are elected later this year in the elections public spending will rise considerably, New Labour are traditionally big spenders of taxpayers money.... the national debt will probably double with new Labour in government.

[Big Wheeler]

Every week the UK gives hundreds of millions of pounds away to a variety of people,Ukraine and France to name two.God knows where this money comes from and will it ever be repaid either by us or the receivers.I suspect not.