Tag: GDP estimates

A miniscule bit of growth last November is unlikely to save us from a recession this year

In November last year, the economy grew by 0.1 per cent, according to the Office for National Statistics (ONS) last week. The news, in the midst of many a miserable headline, was greeted with great excitement. Most City economists had predicted a fall by around 0.2 per cent. Cue animated performances on the TV news […]