Today was published the latest growth figures of the third quarter between July and September. 0.8% which was twice as high as the expected 0.4%. Now, don’t forget though, this is still primarily due to the last Labour government, the Coalition had been in power for four months and this is before the CSR. I’m going to say that the final quarter will mainly be the cause of the last government as it will take a while for the CSR to effect, so anything that happens in 2011 will be the credit or failure of the Coalition as the CSR begins to bite. However, most economists are still arguing that the economy is still fragile, so don’t place your bets yet, and it is still warning for the governments deficit reduction plan, don’t be nailed to the mast.
Max