I struggle to understand economics. How is it that almost all the major big businesses in UK have been reporting strong if not record profits recently? And yet hardly any growth… hmmm…
Surely that’s within error margins.
We’re flat and stagnant.
Yep. And given some expectations. That is good news.
Honestly the government has not implemented anything that will as of yet effect growth. These things take time.
But some interpretations of the recent budget caused our nations interest rates to go up. Meaning any drop in gdp would lead to deficiency in payments. IE a need to reduce spending or raise income to prevent even higher rates.
Evidence that the economy is stable. Should mean the cost of UK borrowing stops increasing for a while. Allowing the government plans to continue.
