4 ms·
this revision more or less destroys the narrative of the past two years that the UK economy's covid recovery has lagged the larger EU countries due to brexit t
by blibble 3y ago
this revision more or less destroys the narrative of the past two years that the UK economy's covid recovery has lagged the larger EU countries due to brexit
the FT was particularly upset that its past 2 years of depressive reporting have essentially been voided
https://www.ft.com/content/7b95e3d9-c5a1-42d5-84a8-921c9088ca1c https://www.ft.com/content/7b95e3d9-c5a1-42d5-84a8-921c9088c...
I do wonder how much damage the constant unsubstantiated media gloom over the past 5 years has done to UK investment
(thankfully the UK consumer ignored it and kept spending)
- addcommitpush 3y agoUntil other countries also revise their GDP estimate, according to the article.