Double Dip Pipped

This afternoon research group NIESR reports that the UK economy grew by 0.8% in the last quarter, all but bringing an end to the double dip recession:

“Our monthly estimates of GDP suggest that output grew by 0.8 per cent in the three months ending in September after growth of 0.1 per cent in the three months ending in August 2012. This is the most robust rate of growth since the three months to July 2010.”

The overall growth forecast is remains poor. Still, handy timing for Dave…




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Quote of the Day

George Osborne paraphrases Boris, telling the FT:

“If the ball came loose at the back of the scrum, I wouldn’t fumble it”

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