Here’s the chancellor of the Exchequer, Rishi Sunak, on today’s GDP figures: “Today’s figures underline the scale of the challenge we face. I know people are worried about the security of their jobs and incomes.
Do you mention the 25% fall the previous month. Do you mention the £100s billions extra expenditure by Government. Do you mention £100s billions printed by Bank of England as QE, & the £100s billions given in secret loans by BofE to achieve this 1.8% growth in May ?
Just another 19% before we break even then
20-1.8 is not a v shaped recovery
Even a dead cat bounces...
Imagine how much worse it would have been under Corbyn, we hear them shout once more, with dwindling conviction.
Is that all?
Awful journalism. Equivalent of a headline celebrating a football team scoring two goals, but failing to acknowledge they had conceded 20 in the same game.
Brexit 🇬🇧🚪 Eu is trash
Problem with trying to describe the recovery with letters, V shaped recovery, U shaped etc... is there is no letter in the alphabet that looks like a line going down, a small up turn, then slams down off the page.
Bloody hell good news from the guardian, I bet Owen Jones is sulking
Woohoo..