Emeritus Prof Christopher May on Nostr: So the UK remains out of recession, just but there is nothing about this period of ...
So the UK remains out of recession, just but there is nothing about this period of minimal growth in GDP that indicates things are going well economically.... however, as I have already posted; this is not an issue with Reeves budget but actually the result of an explicit intent to constrain the economy by the Band of England with its eye on inflation.... (along with some external developments of course). You may or may not be impressed by Reeves, but this is not her doing....
#economics
Published at
2025-01-16 07:34:10Event JSON
{
"id": "bf4f2221e8013d634bd1d0749c165c5e22008b7b088d26ed085c11c35f5ec1c8",
"pubkey": "b8de67a365b436ce300eb1049973026143f99e3d3712b326f302b7d6f49a2902",
"created_at": 1737012850,
"kind": 1,
"tags": [
[
"t",
"economics"
],
[
"imeta",
"url https://cdn.masto.host/zirkus/media_attachments/files/113/836/866/325/976/823/original/2f66ef208bd4c0f8.png",
"m image/png",
"dim 727x423",
"blurhash UFD+|[xptBD.t9t4j?WDk0Rn-i%G~lR,fQs-"
],
[
"proxy",
"https://zirk.us/users/ChrisMayLA6/statuses/113836874177852807",
"activitypub"
]
],
"content": "So the UK remains out of recession, just but there is nothing about this period of minimal growth in GDP that indicates things are going well economically.... however, as I have already posted; this is not an issue with Reeves budget but actually the result of an explicit intent to constrain the economy by the Band of England with its eye on inflation.... (along with some external developments of course). You may or may not be impressed by Reeves, but this is not her doing....\n\n#economics\n\nhttps://cdn.masto.host/zirkus/media_attachments/files/113/836/866/325/976/823/original/2f66ef208bd4c0f8.png",
"sig": "44ac6ad82c05f9adfb80ec8232a537fb37935781b7da382ae77bab9627d3c81896c0ffb776a73dcb6f025db8ffbfb8320365161527f4b7858edd7d7ab703771a"
}