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  1. M

    The UK economy: well on the road to recovery?

    Some encouraging unemployment figures out today. http://www.bbc.co.uk/news/business-25841570 And the the figures released by the IMF yesterday..... http://www.bbc.co.uk/news/business-25823217 Are we in for an interest rate rise sooner rather than later?
  2. M

    The UK economy: well on the road to recovery?

    Widespread tax evasion was rife, but you forgot by far the biggest single reason, that Greece was living way, way beyond its means. Years and years of massive public overspending (public sector wages went up by 50% between 1999 and 2007) after they joined the € public sector spending went on...
  3. M

    The UK economy: well on the road to recovery?

    I think he was referring to Milliband's personal rating, not the Tories, but could be wrong. Anyway, you haven't answered the previous question as t why Greece is in so much trouble?
  4. M

    The UK economy: well on the road to recovery?

    So correct on both points then?
  5. M

    The UK economy: well on the road to recovery?

    And why is Greece in so much trouble exactly?
  6. M

    The UK economy: well on the road to recovery?

    Couple of points: Unemployment in May 2010 at the time of the last Election was just over 8%. It's now 7.8%, so unemployment has fallen, despite the fact the number of people eligible for work has significantly increased. You say have a look around. Ok lets do that. Restaurants where I live...
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