UK Economy Growing Faster Than Experts Expected. Again.

ONS numbers just out show that the UK economy again grew faster than expected in the final quarter of 2016 with a rate of 0.6%. This is ahead of “expert” predictions of a 0.5% in a survey of City economists. UK GDP grew 2.4% on annualised basis. In comparison US is coming in at 2.2%.

The above graph also shows growth ahead of Reuters survey of economists prediction every month last quarter – the experts were too pessimistic about the post-referendum prospects. This is Britain’s sixteenth straight quarter of economic growth. Brexit Britain’s boom continues…




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Quote of the Day

Andrea Leadsom told BBC Radio 4’s Today

“He’s made his views on Brexit on the record, and the problem with that of course is that the chair’s impartiality is absolutely essential. … He’s made his views known on Brexit… it’s a matter for him but nevertheless it’s a challenge and all colleagues need to form their own view of that.”

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CCHQ DROPS MOGG CCHQ DROPS MOGG