The Telegraph has another completely unbalanced "whistling to keep the spirits up" piece (HERE). They say there are five signs that the economy is thriving: a rise in industrial output and the FTSE 100, news that shoppers are still buying, housebuilders posting strong results for last year and Mark Carner rowing back a little from his forecasts. All of this let us remember while we are still in the EU!
But in the same piece it warns of inflation, fears of a housing crash, a surprise slowdown in construction and the widening trade deficit. In other words five signs the economy is not doing very well.
They also say the pound has regained "momentum". It fell against the Euro by 0.33% and was flat against the dollar! Some momentum.
They also say the pound has regained "momentum". It fell against the Euro by 0.33% and was flat against the dollar! Some momentum.
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