UK finance minister quoted by Reuters after Q2 GDP data 26 July
- must focus on restoring productivity
"Our economy has grown continuously for 4 1/2 years. We can be proud of that but we are not complacent. We need to focus on restoring productivity growth to deliver higher wages and living standards for people across the country."
Ah yes, that old productivity focus. So how exactly do you aim to do that Phil?
Seems like the film industry is the only success story right now according to latest GDP data ( ok ,and a slightly less flakier retail sales) .
Hey ho, onwards and upwards eh?
GBPUSD 1.3012 still near session lows, EURGBP O.8930.
UK's Hammond - No time to get complacent
