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RSS FeedsToday´s weak economy shouldn´t aid the Tories: but that was true in 1992 too
(WorldNews Environment)

 
 

10 november 2019 08:35:09

 
Today´s weak economy shouldn´t aid the Tories: but that was true in 1992 too
(WorldNews Environment)
 




Despite one or two scares along the way, the UK has not suffered a recession since the deep slump of 2008-09, but it came close to one this year. The economy contracted in the second quarter and for a while there were fears that it could do so again in the three months to September. Those fears have proved misplaced. The City expects the Office for National Statistics to announce growth of 0.3% tomorrow when it unveils its first estimate of third-quarter gross domestic product. The Bank of England has pencilled in a 0.4% expansion. Either way, Boris Johnson is going to be spared the embarrassment of explaining to the voters why he has called a general election with the economy in recession....
 
9 viewsCategory: Science > Environment
 
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