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U.K. preliminary Q4 GDP -0.3% Q/Q vs +0.9% in Q3 and consensus of -0.1%; on year, GDP flat vs...

  • Friday, January 25, 4:43 AM ET
    U.K. preliminary Q4 GDP -0.3% Q/Q vs +0.9% in Q3 and consensus of -0.1%; on year, GDP flat vs flat and +0.2%. "Britain is now half way to a triple dip-recession after this disappointingly weak performance," writes the Guardian's Larry Elliot. "Post-WW1 & WW2 GDP fell at double-digits rates. Those aside, 2008-12 fall was bigger than any since before Victoria ascended the throne," tweets RBS. (PR)
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  • More austerity please! May the Britons have another one.
    25 Jan, 09:54 AM Reply Like
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