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Friday, 26 February, 2010

 | GDP Growth rate revised upwards: reality check |
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Before anyone gets over excited by the news that the UK growth rate for the last quarter of 2009 has been revised from 0.1% to 0.3%, take a look at the equivalent US figures for the period.
The US has revised the growth rate of US GDP for Quarter 4, 2009 to 5.9%, up from its initial reading of 5.7%.
We were not best placed for the recession, and we certainly are not leading the world out of recession, this is Labour’s toxic legacy.
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