Showing posts with label UK GDP figures. Show all posts
Showing posts with label UK GDP figures. Show all posts

Tuesday 28 January 2014

Yay! UK economic recovery...but who is benefiting?

So the GDP figures are out and it now shows the best growth figures since 2007! So this should be a reason for all of us to celebrate right?

Sadly even the Business Secretary Vince Cable is convinced that the economic recovery is too closely aligned with the housing recovery which is not good for the economy.

This would explain why the the average families are not feeling the benefits of this recovery. More and more families are turning to food banks to feed their families. 

I am sure the Chancellor George Osbourne will be very happy with these GDP figures and the Tories will be hoping that this good news will boost them in the opinion polls. 

I personally do not believe it will have the desired affect as too many families up and down the country are not feeling the affects of this economic recovery.