Economy: Zero UK growth in final three months of 2019 - official figures

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Chancellor Sajid Javid has downplayed Britain's lack of economic growth, claiming 'the deadlock has ended' since the general election. The UK economy flat-lined in the final three months of 2019, according ONS figures. Read more here:

In addition to the changing Brexit deadlines, which resulted in several temporary car plant closures and some boosts from stockpiling that were later reversed, there was also the effect of the US-China trade war to contend with that has hurt economies globally.

Closely-watched survey data covering January suggests that while consumers remain constrained, business activity has surged in the wake of Boris Johnson securing his large majority. Tej Parikh, chief economist at the Institute of Directors, said the ONS figures placed an emphasis on the budget providing welcome relief for businesses after years of uncertainty.

Source: Financial Digest (financialdigest.net)

 

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Quick question - does anyone actually remember the amount of debt Labour left UK in ? They even left note 'sorry - the moneys gone' & Brown sold our Gold at record low prices. Economies fluxuate & start of year we still had 'uncertainty' iro brexit even happening. Give it time.

He's right!..

He looks so scared I almost feel sorry for him...almost.

But his party has been in power for 10 yrs.

He knows what's coming

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