May GDP dips 0.1% while the economy checks its pockets
May GDP fell 0.1%, while three month growth gave the economy another chart to hide behind as economists arranged their caveats.
The Lawn · News & commentary
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May GDP fell 0.1%, while three month growth gave the economy another chart to hide behind as economists arranged their caveats.
Bank Rate held at 4.5% in an eight to one vote, leaving one quarter point waiting outside with a clipboard and a visitor pass.
UK capital issuance fell in April, leaving the corporate pie chart to rebrand a minus sign as a temporary change of direction.
UK business borrowing reached £1.2bn in April, with large firms borrowing more while SMEs stayed flat and loan rates rose.
Bank Rate stays at 4% after a five to four vote, leaving the committee to balance inflation, weak growth and one strategic biscuit plate.
Quantum sensing projects receive £14 million, prompting Britain to promise practical miracles before anyone asks for a working demonstration.
The Oxford to Cambridge Growth Corridor promises rail, homes and business space, while policy jargon boards an express train to nowhere.
The technology growth plan promises support for frontier firms, then asks the innovation to fit inside a very small form.