+ + + GDP Up 0.8% + + +

Better than expected and Labour’s double-dip talk is looking increasingly desperate but it’s not all good news. The Legatum Institute’s Prosperity Index released this morning has Britain lingering at an unlucky thirteenth in the world, with little chance of breaking into the top ten anytime soon. Mandy has returned to the airwaves from nowhere to “talk-down Britain”, as he would have put it during the election…

UPDATE : The GDP figures have really messed up the opposition’s narrative:

First thing this morning the headline on the BBC website was:

UK economic recovery ‘to show sharp slowdown’
The economic recovery in Britain is expected to show a sharp slowdown when figures are released later on Tuesday.

The data release at 0930 forced a headline change:

UK economy grows a faster-than-expected 0.8%
The UK’s economy grew at 0.8% between July and September, official figures show, suggesting the economy is recovering faster than expected. It follows 1.2% growth in the second quarter of the year, and is double the 0.4% expected by analysts… The pound jumped on the news, which lowered expectations that the Bank of England will engage in further quantitative easing in the near future.

But…

The gross domestic product (GDP) figures released by the Office for National Statistics (ONS) is only a first estimate, and may be revised.

The numbers must be wrong, nudge, nudge, wink, wink, says the BBC…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Top Corbynista Cat Smith on the general election:

“…we didn’t lose it…”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Labour to Ignore Brexit at Conference Labour to Ignore Brexit at Conference
“Brexit is Racist” March Kicks Off Labour Conference “Brexit is Racist” March Kicks Off Labour Conference
Hammond Overspending by Just £10 Million an Hour Hammond Overspending by Just £10 Million an Hour
Momentum Soft Smut Snapper Rejected as Labour Candidate Momentum Soft Smut Snapper Rejected as Labour Candidate
All Smiles After Cabinet All Smiles After Cabinet
Who’s The Eye’s Telegraph Mole? Who’s The Eye’s Telegraph Mole?
UK Green Lobby Funded by Anti-Immigrant Multi-Millionaire UK Green Lobby Funded by Anti-Immigrant Multi-Millionaire
Tory Glasto Hosted by Multi-Millionaire Gambling Magnate Tory Glasto Hosted by Multi-Millionaire Gambling Magnate
Hammond and Treasury “On Manoeuvres” Against Brexit Hammond and Treasury “On Manoeuvres” Against Brexit
Osborne Lands Job Number Seven Osborne Lands Job Number Seven
Civil Service ‘Not Really Preparing’ For No Deal Civil Service ‘Not Really Preparing’ For No Deal
Osborne’s Latest Duff Analysis Osborne’s Latest Duff Analysis
Corbynista Journo Banned from Conference Corbynista Journo Banned from Conference
Sheerman’s Shameless Shilling Sheerman’s Shameless Shilling
Carwyn Jones Picks a Winner Carwyn Jones Picks a Winner
Red Robbins: May’s Brexit Supremo is Soviet Sympathiser Red Robbins: May’s Brexit Supremo is Soviet Sympathiser
Owen Goes Full Brent Owen Goes Full Brent
What Caused Rachel Sylvester’s Volte Face? What Caused Rachel Sylvester’s Volte Face?
Labour Moderates Screwed Labour Moderates Screwed