Friday, 26 October 2012

Encouraging news on growth

 I welcome the news that the UK economy grew 1% over the third quarter of this year. Whilst the Olympics is estimated by the Office of National Statistics to have accounted for 0.2% of this growth, much of the credit must go to the businesses that have between them created over a million new private sector jobs since 2010. I know from my regular meetings with the business community in Truro and Falmouth just how hard employers are working to grow their businesses and create more jobs for local people.

There is still a lot of hard work to be done to rebalance the economy after the 2008 crash but this a step in the right direction:

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