Revised GDP Figure 0.3%

The ONS have revised the Q4 growth figure from a sickly 0.1% to a meagre 0.3%. An improvement but still nothing to be cheery about. What this figure does do though is decrease the chances that on 23rd April Britain will officially be back in a recession. Much of the speculation about an early election was based on this news, the final nail in Brown’s coffin would be a double dip announcement in the last weeks of an election campaign. The odds on an early election were slashed last night, but this news is good for those holding out that the election will be 6th May.




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Quote of the Day

Speaking at the Salzburg Summit on the Brexit negotiations, Juncker revealed:

“No decision will be taken here. Whenever the Commission is too flexible things are going wrong.”

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