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GDP in UK up and small businesses to save the day
Topic Started: Oct 22 2009, 05:59 AM (138 Views)
Nanos
Administrator
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http://www.growthbusiness.co.uk/news/business-news/1071152/exports-up-as-niesr-heralds-end-of-recession.thtml

> predicts that UK GDP rose by 0.2 per cent in the three months to August.


http://www.smallbusiness.co.uk/channels/business-insights/tips-from-the-top/1083787/startups-to-save-the-uk-economy-says-digby-jones.thtml

> The former head of the Confederation of British Industry (CBI), Lord Digby Jones, claims that small
> businesses alone will rescue the struggling UK economy.
>
> ‘They are the only ones which create the wealth that can pay the taxes which can repay the public debt,
> ’ says Jones, who was speaking at the opening of BT’s Small Business Week.
>
> Jones urges small businesses to ‘move up the supply chain by providing value-added, innovative goods
> and services’ that can be sold internationally. He notes that China and India’s rise in GDP during the
> recession is still enviably high (9 and 6 per cent respectively), whereas the UK’s economy continues to
> contract. ‘These people want your lunch,’ warns the ex-CBI chief. ‘The only way to get out of the economic
> mess we’re in is to trade our way out of it.’

Hence my interest in us starting up and running businesses, as a practical step to our current problems.
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Nanos
Administrator
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http://www.telegraph.co.uk/finance/financetopics/recession/6414147/Britain-is-still-in-recession-decline-continues.html

> The economy unexpectedly shrank 0.4pc in the third quarter

Oh well, not over yet, but a nice graph there showing it looking like its heading back up next time maybe..
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Nanos
Administrator
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http://www.guardian.co.uk/business/2009/nov/02/pmi-manufacturing-growth

Looks like manufactoring is up, but job losses still happening, but the rate of that is falling, as quoted:

" although the rate at which firms lay off staff continues to ease, a turn around in the labour market is still some way off."

So less good if you want to find a job, but good news if you want to produce and sell things.

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