The latest GDP growth figures - much better than expected - show that Britain is on track for recovery from the disasterous cloud-cuckoo Labour years.

One of the world's leading cred-rating agencies has also confirmed Britain's continued AAA credit rating.

Proving that when your broke, you can't spend ! spend ! spend !

You have to work ! work ! work !

The latest GDP growth figures - much better than expected - show that Britain is on track for recovery from the disasterous cloud-cuckoo Labour years.


The lates GDP growth figures are most likely still much more influenced by what ever labor did than by any new economic policies.

"One of the world's leading cred-rating agencies"

If you still believe in the "leading cred-rating agencies", you haven't read Time for Legal Liablity for Rating Agencys by Barry Ritholtz:

"Of all the various contributors to the financial crisis and economic collapse, none loom larger than the Ratings Agencies. They were the prime enablers of the entire crisis, allowing global asset managers to purchase all manner of junk paper due to their triple AAA rating. Had these various securitized RMBS been rated properly, i.e., reflecting their true value and risk factors, most of the crisis would have been avoided."

Britain is on the way ^ UP ^

couldn't go any further down could it ?

DJones wrote:
The lates GDP growth figures are most likely still much more influenced by what ever labor did than by any new economic policies.

Not so.
Although retrospective this is the first quarter results SINCE the election (covering July / Aug / Sept).

Labour didn't do anything (apart from drive us to the brink of bankruptcy) - that was the problem.

Whine as you must ... but the city / IMF / international finaciers, and more importantly, our creditors, all think we are on the right track !

(and if you don't believe so - then follow Labour's approach - and don't pay your credit card for the next couple of years and see where you end up !!!!)