Monday, 17 September 2012

The first glimpses of a sustainable economic recovery?

In an interview on the BBC’s Andrew Marr show former PM Sir John Major has pointed to the data that suggests that our economy is starting to recover from the consequences of the 2008 crash:

Whilst there is still much more to be done, it is encouraging that the economic information now emerging seems to show that economic rebalancing of the UK is underway, with over one million private sector jobs being created in the past two years, industrial output growing and exports and business start-ups reaching record levels. These are encouraging signs that progress is being made in building a sustainable economy, not focused on financial services concentrated in the South East, but rather UK-wide and multi-skilled, with businesses providing current edge goods and sevices to markets across the globe.

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