The Office for National Statistics (ONS) have announced the latest GDP estimate for the UK and it shows growth of 0.1% over the last three months of 2009 which means that the recession is officially over! In theory that's great news, but there are two things that could dampen the optimism. Firstly, the ONS will continue looking at the figures and may revise this estimate at a future date (not uncommon) and remember, GDP estimates can go down as well as up! Secondly, there's unemployment; the government has stated that it needs to shed 1 million Civil Servants and, come July, there will be another ¼ million new graduates all looking for jobs! The economy is going to have to grow by a lot more than 0.1% to accommodate all of these people (and me!)!
Your Wednesday questions are: -
- After 872 days, the siege of which city was lifted today in 1944?
Drummer Nick Mason (right) was born today in 1944 in Birmingham and has been the only constant member of which band since its formation in 1964?- What was the pen name of Charles Lutwidge Dodgson who was born today in 1832?
No comments:
Post a Comment