Showing posts with label UK economy. Show all posts
Showing posts with label UK economy. 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. 

Monday, 2 December 2013

David Cameron trade trip to China - Day One

Prime Minister David Cameron is on his umpteenth trip abroad and this time to China.

 As David Cameron believes that the Chinese government could help stimulate the UK economy.

David Cameron hasn't even been in China for a full day and already this trip has run into controversy.


 
Firstly the amount of people that David Cameron has taken on this trade trip is ridiculous. The people he has taken include his father in law and the Health Secretary Jeremy Hunt. 

One of the reasons that Jeremy Hunt as accompanied David Cameron on this trip is that his wife is Chinese. 

I am sure that this connection will useful on this trade mission. But Jeremy Hunt has potentially got a winter crises looming. I hope he put an appropriate contingency plan in place before jetting of to China.

Secondly David Cameron was asked about the UK's relationship the Dalai Lama and he said it had not changed but hadn't any imminent plans of meeting the Dalai Lama.

 Many took this to mean that he would do anything to keep the Chinese government happy. 
 

Lastly the Chinese government would not allow British reporter Rob Hutton into the press conference. 

David Cameron did bring it up with Chinese President. But Rob Hutton was still not allowed in the press conference.

Hopefully tomorrow will better for David Cameron we will find out exactly how the Chinese government plans to invest in the UK.