As official Government figures show that the UK economy deflated in April, for the first time since the 1960’s, Diane Coyle looks at whether we should be worried. There was much excitement about the news that the UK’s Consumer Price Index (CPI) declined by 0.1% in the 12 months to April. A negative figure for […]
UK GDP grows more slowly – should we worry?
Professor Diane Coyle explains that the latest, disappointing, GDP figures tell us little about what is actually happening in the economy. That won’t stop them being used by all the parties in the last days of the General Election campaign. It was no surprise that the General Election spin machines should try to put their […]