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There goes my believe in bankers being able to calculate. After a dip of 9.9%, a growth of 6.5% would bring economy up to (90.1+ 6.5× 0.901) 96% of what it previously was. Still a 4% dip in economy as compared to when you were EU members.
There goes my believe in bankers being able to calculate. After a dip of 9.9%, a growth of 6.5% would bring economy up to (90.1+ 6.5× 0.901) 96% of what it previously was. Still a 4% dip in economy as compared to when you were EU members.
We're talking of sustained above-average growth Solly old bean, not just one year.
What isn't wrong Solly is that the EU is officially in a double-dip recession now whereas the UK grew in Q4 2020.
Eurozone suffers double-dip recession as pandemic impact continues https://www.bbc.co.uk/news/business-56940720
UK gross domestic product (GDP) in Quarter 4 (Oct to Dec) 2020 is estimated to have grown by 1.0%, following revised 16.1% growth in Quarter 3 https://www.ons.gov.uk/economy/gross...todecember2020
What isn't wrong Solly is that the EU is officially in a double-dip recession now whereas the UK grew in Q4 2020.
Eurozone suffers double-dip recession as pandemic impact continues https://www.bbc.co.uk/news/business-56940720
UK gross domestic product (GDP) in Quarter 4 (Oct to Dec) 2020 is estimated to have grown by 1.0%, following revised 16.1% growth in Quarter 3 https://www.ons.gov.uk/economy/gross...todecember2020
Yes, that is quite rightly predicted by bread elsewhere. Perhaps he can help you find an explanation for it, as you seem to have no clue.
I'm sure Barclays know what they're talking about, but let's wait till it happens before we start getting giddy.
Don't be silly Harbal; it gives some people the opportunity for more whether it's true or not.
Besides (and as said): the EU is officially in a double-dip recession.
We are not.
But indeed, let's wait and see.
Not much point in me being here if I'm not going to be silly. I could tell you and Bread not to be silly, But I don't think you realise that you are being.