By the gardener
Manufacturing slump puts UK economy into reverse as Brexit looms
GDP contracts by 0.4% in December in weakest year for growth since 2012
The Office for National Statistics said gross domestic product contracted by 0.4% from the previous month, fuelled by a fall in spending on the high street over the key festive shopping period.
Growth in 4th Qtr was 0.2%
Annual growth 1.4%
Even the So-Called BBC reported it more accurately:
Growth in the year was 1.4%, down from 1.8% in 2017 and the slowest rate since 2012, the Office for National Statistics (ONS) said.
According to the ONS, quarterly growth also slowed, falling to 0.2% in the three months to December - down from 0.6% in the three months to September.
They focus on the December figure (-0.4%) and make a meal of that rather that the more useful Quarterly and Annual figures.
They should be sued for misrepresentation. They can't go bust soon enough.
By One percent
the argument was that we are all living longer so the pension age was raised.
Now we are living less, will they reduce the pension age?
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