first_img ANALYST VIEWS: IS THE UK ECONOMY PICKING UP AGAIN? KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof GEORGE BUCKLEY | DEUTSCHE BANKToday’s news was generally stronger than expected. Retail sales grew faster than expected, broad money was up, the Budget deficit fell and the CBI’s manufacturing survey was encouraging. This should be positive for GDP.DAVID KERN | BRITISH CHAMBERS OF COMMERCEThere is no room for complacency. The economy is still weak, businesses are struggling, and the full impact of the emergency Budget’s austerity measures are yet to take effect. Risks of an economic setback are significant.ANDREW GOODWIN | ERNST & YOUNG ITEM CLUBThe combination of weak earnings growth and high inflation is squeezing real incomes, while unemployment is likely to remain high with the public sector job cuts on the way. The outlook for consumers remains challenging. Thursday 19 August 2010 8:58 pm Share whatsapp Show Comments ▼ whatsapp Tags: NULLlast_img

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