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U.K. Q2 GDP preliminary +0.6% on quarter vs +0.3% in Q1 and consensus of +0.6%. On year, GDP...

U.K. Q2 GDP preliminary +0.6% on quarter vs +0.3% in Q1 and consensus of +0.6%. On year, GDP +1.4% vs +0.3% and +1.4%. Sterling (GBB) takes a dive and is +0.2% to $1.5341 after being +0.4% prior to the release of the figures. U.K. shares (FKU) stay lower and are -0.3%. (PR)
Comments (1)
  • User 353732
    , contributor
    Comments (5011) | Send Message
     
    The UK, like much of the West, is stagnant and has neither the wit nor the will to rediscover that growth comes from entrepreneurship, genuine risk capital and true innovation, not from expanding parasitic Big Government and corrupt Big Banks.

     

    Stagnant polities are increasingly unequal, unjust and therefore, eventually, unstable.
    25 Jul 2013, 05:22 AM Reply Like
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