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The economy is growing!
Manage episode 476424690 series 1426749
Content provided by The Spectator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spectator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Finally, some good news for your Friday: the economy is growing! Just when everyone seems to be revising down expectations of growth, the Office for National Statistics (ONS) estimates that GDP grew by 0.5 per cent in February. It also revised January’s figures upwards to give growth for the last quarter of 0.6 per cent, and annual growth of 1.4 per cent. It looks – for now – that the Reeves recession has been put on hold and that Labour's growth agenda could be working.
That said, Labour cannot afford to celebrate just yet. There is reason to believe the figures could be overstated, and there are some trust issues with the ONS – the government last week announced a review of its ‘performance and culture’. These figures also do not take into account the tumult caused by Trump's tariffs. So what can we read into them? Will Trump undo Labour's progress?
Lucy Dunn speaks to Michael Simmons and Katy Balls.
Produced by Oscar Edmondson.
That said, Labour cannot afford to celebrate just yet. There is reason to believe the figures could be overstated, and there are some trust issues with the ONS – the government last week announced a review of its ‘performance and culture’. These figures also do not take into account the tumult caused by Trump's tariffs. So what can we read into them? Will Trump undo Labour's progress?
Lucy Dunn speaks to Michael Simmons and Katy Balls.
Produced by Oscar Edmondson.
Hosted on Acast. See acast.com/privacy for more information.
2946 episodes
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Manage episode 476424690 series 1426749
Content provided by The Spectator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spectator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Finally, some good news for your Friday: the economy is growing! Just when everyone seems to be revising down expectations of growth, the Office for National Statistics (ONS) estimates that GDP grew by 0.5 per cent in February. It also revised January’s figures upwards to give growth for the last quarter of 0.6 per cent, and annual growth of 1.4 per cent. It looks – for now – that the Reeves recession has been put on hold and that Labour's growth agenda could be working.
That said, Labour cannot afford to celebrate just yet. There is reason to believe the figures could be overstated, and there are some trust issues with the ONS – the government last week announced a review of its ‘performance and culture’. These figures also do not take into account the tumult caused by Trump's tariffs. So what can we read into them? Will Trump undo Labour's progress?
Lucy Dunn speaks to Michael Simmons and Katy Balls.
Produced by Oscar Edmondson.
That said, Labour cannot afford to celebrate just yet. There is reason to believe the figures could be overstated, and there are some trust issues with the ONS – the government last week announced a review of its ‘performance and culture’. These figures also do not take into account the tumult caused by Trump's tariffs. So what can we read into them? Will Trump undo Labour's progress?
Lucy Dunn speaks to Michael Simmons and Katy Balls.
Produced by Oscar Edmondson.
Hosted on Acast. See acast.com/privacy for more information.
2946 episodes
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Similar to Coffee House Shots
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