UK GDP Beats Predictions and Exports Up… Again!

UK GDP growth for the fourth quarter of 2016 has been revised higher this morning to +0.7%, higher than the expected +0.6%. The Office for National Statistics revealed export growth of 4.1%, which alongside a fall in imports of 0.4% means net trade added 1.3% to growth. Brexit Britain’s boom continues to defy the ‘experts’…


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Quote of the Day

Soros on the pan-European elections to the EU parliament…

“It is difficult to see how the pro-European parties can emerge victorious from the election in May unless they put Europe’s interests ahead of their own. One can still make a case for preserving the EU in order radically to reinvent it. But that would require a change of heart in the EU. The current leadership is reminiscent of the politburo when the Soviet Union collapsed – continuing to issue ukazes as if they were still relevant.”

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