We are simply using new technologies spawned by the internet to flee faster for very little gainThe internet saved the economy. Or at least the British consumers’ obsession with all things internet. Oh,and a property boom that has filled estate agents’ pockets.
That’s the only conclusion one can draw from the figures for GDP growth in the final quarter of 2015, which expose that galloping services sector output more than made up for the damage done to factory orders by the downturn in global trade and the strictures placed by George Osborne on government spending. Related: UK economic growth confirmed at 0.5% but fears of slowdown persist Continue reading...
Source: theguardian.com