Surprise rebound of the UK economy in the second quarter, 1.1%

Monday, July 26th 2010 - 03:37 UTC

Full article 4 comments

The British economy grew by a faster-than-expected 1.1% in the second quarter of the year, according to official data. The figure - a preliminary estimate from the Office for National Statistics (ONS) - was almost double the 0.6% growth rate expected by economists. Read full article

Comments

Disclaimer & comment rules

jerry
A plan to cut the public sector? I understand that the departure of BP chief executive Tony Hayward is so that he can cut costs and trim the work force in a new position for the British government. I suppose that the first thing will be to cut government safety and inspection personnel, as he did with BP, leading up to the Gulf oil spill!
Jul 26th, 2010 - 02:00 pm - Link - Report abuse 0
-+
harrier61
Ummm, jerry.

http://www.guardian.co.uk/environment/2010/jul/23/deepwater-horizon-oil-rig-alarms

Seems Transocean (American) personnel turned the rig's safety systems and alarms off so they could sleep! In the light of that, do you still want to have a pop at Tony Hayward?
Jul 26th, 2010 - 04:43 pm - Link - Report abuse 0
-+
jerry
I believe it was Harry Truman who said “the buck stops here.”
Jul 26th, 2010 - 08:43 pm - Link - Report abuse 0
-+
harrier61
When you're a president and commander-in-chief, maybe. But times change. It's certainly not a principle Obama practices. Always looking for someone to blame.
Jul 27th, 2010 - 11:23 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!