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    Best delete this - It's good news

    Posted by Archdeacon on 12/10/2021, 15:54:05

    New forecasts from the IMF shows that the UK is still expected to be the fastest growing advanced economy for 2021 at a rate of 6.8%, above the global growth projection of 5.9% and comfortably ahead of the US, France, Germany, Japan and Canada. Welcome news, although this is still a 0.2% cut to their earlier forecast back in July.

    The IMF’s paper says that the effectiveness of the UK’s vaccine rollout is, in large part, responsible for maintaining the UK’s growth.

      Re: Best delete this - It's good news

      Posted by Northants Hatter on 12/10/2021, 18:16:22, in reply to "Best delete this - It's good news "

      This just shows how people really don’t understand basic percentages. For example:
      UK economy falls by 20% (ie, it is at 80%of what it was)
      German economy falls by 10% (ie, it is at 90%of what it was)

      UK economy grows by 10% (ie it is at 88% of what it was)
      German economy grows by 5% (ie it is at 94.5% of what it was)

      Despite having ‘lower’ growth, German economy is still larger. In other words, without giving the initial percentage contraction was, saying the UK growth is bigger does not necessarily imply that it is outperforming any other country…

        Re: Best delete this - It's good news

        Posted by Morph on 12/10/2021, 16:47:39, in reply to "Best delete this - It's good news "

        Irrespective of that I really struggle to believe there are people in this country who don't cringe with embarrassment at the collection of fukktards running our country with the notable exceptions of Rishi and Sajid who, whether you agree with their policies or not, at least seem to act with an appropriate level of decency

          Re: Best delete this - It's good news

          Posted by HH on 12/10/2021, 16:05:04, in reply to "Best delete this - It's good news "

          The IMF have also said the UK will be hardest hit by the pandemic in the G7....

            Re: Best delete this - It's good news

            Posted by EastEnder on 12/10/2021, 15:59:02, in reply to "Best delete this - It's good news "

            So the economy is growing when large sectors of it thet were shut down have opened up?

            Wow!


              Re: Best delete this - It's good news

              Posted by Sendero Luminoso on 12/10/2021, 16:22:33, in reply to "Re: Best delete this - It's good news "

              As it did with the other countries mentioned now with higher growth so a real positive, not the negative you want it to be.

                Re: Best delete this - It's good news

                Posted by EastEnder on 12/10/2021, 16:27:01, in reply to "Re: Best delete this - It's good news "

                Every economy shut down to different extents, we could have been the worst hit - not saying we were - and then if we now had biggest growth then overall it wouldn't mean an awuful lot.

                Without any context the figs mean little.

                  Re: Best delete this - It's good news

                  Posted by Andy Cappucino on 12/10/2021, 16:28:59, in reply to "Re: Best delete this - It's good news "

                  When have you lefties ever worried about context!?

                    Re: Best delete this - It's good news

                    Posted by Mahatma Gander on 12/10/2021, 17:07:10, in reply to "Re: Best delete this - It's good news "

                    We seem to have to supply it for you on an incredibly frequent basis.

                      Re: Best delete this - It's good news

                      Posted by crumpsall on 12/10/2021, 17:13:34, in reply to "Re: Best delete this - It's good news "

                      Ain't that the truth MG!

                      Some pretty desperate stuff being posted these days by the dogged defenders of the indefensible.

                        Re: Best delete this - It's good news

                        Posted by Mahatma Gander on 12/10/2021, 17:20:34, in reply to "Re: Best delete this - It's good news "

                        Did you ever listen to "Fighting Talk" on Five Live? Their final round was "Defend the indefensible" and even the likes of Henning Wehn couldn't come up with anything even close to being as ridiculous as some of what we've seen recently.

                Re: Best delete this - It's good news

                Posted by Lol. on 12/10/2021, 16:05:49, in reply to "Re: Best delete this - It's good news "

                And the right wing loons wonder why they get labelled thick.

                  Re: Best delete this - It's good news

                  Posted by Just Saying on 12/10/2021, 16:03:15, in reply to "Re: Best delete this - It's good news "

                  Why do you lefties hate good news??

                    Re: Best delete this - It's good news

                    Posted by Andy Cappucino on 12/10/2021, 16:27:20, in reply to "Re: Best delete this - It's good news "

                    Because socialism is all about the sharing of misery

                      Re: Best delete this - It's good news

                      Posted by Cheated on 12/10/2021, 17:08:49, in reply to "Re: Best delete this - It's good news "

                      Socialism is about equality

                      Everyone ends up poor

                        Re: Best delete this - It's good news

                        Posted by Nearly a Genius on 12/10/2021, 17:29:01, in reply to "Re: Best delete this - It's good news "

                        You've really absorbed the propaganda, haven't you?

                          Re: Best delete this - It's good news

                          Posted by EastEnder on 12/10/2021, 17:10:44, in reply to "Re: Best delete this - It's good news "

                          Yeah and which government do we have record numbers of food banks under?

                            Re: Best delete this - It's good news

                            Posted by Sendero Luminoso on 12/10/2021, 18:29:00, in reply to "Re: Best delete this - It's good news "

                            Food banks in Europe at their highest levels ever. A party political broadcast on the biased liebour party.

                              Re: Best delete this - It's good news

                              Posted by Nearly a Genius on 12/10/2021, 18:36:07, in reply to "Re: Best delete this - It's good news "

                              Pardon?

                              Could you answer his question, instead of mentioning other countries and parroting right-wing insults?

                          Re: Best delete this - It's good news

                          Posted by Ches Fordroad on 12/10/2021, 16:39:11, in reply to "Re: Best delete this - It's good news "

                          "WE'RE IN THIS TOGETHER"

                            Re: Best delete this - It's good news

                            Posted by EastEnder on 12/10/2021, 16:29:36, in reply to "Re: Best delete this - It's good news "

                            Unlike austerity which is all about happiness.

                            Re: Best delete this - It's good news

                            Posted by EastEnder on 12/10/2021, 16:18:53, in reply to "Re: Best delete this - It's good news "

                            Surely it's where we are at compared to pre-pandemic levels that it is important?


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