It’s really time to admit brexit was a massive disaster, right?
I’m kidding, obviously the IMF has no idea. I’ve had enough of experts!
I look forward to reading the full report.
qwertygasm on
Yes but 20 people swam over from France so let’s burn everything down
No_Suit_9511 on
Does this actually signal that the G7 is doing badly except for America?
GainsAndPastries on
And also the highest in inflation for 2026 and 2027, not something to celebrate
FlockBoySlim on
Ah yes, growth without progress. Modern Britain. Where the GDP goes up but wages don’t keep up with inflation and the cost of living skyrockets.
Profits are up, dividends are healthy, Londons financial sector is ticking along nicely but real wages are still lower than they were before 2008 when adjusted for inflation. So who gives a fuck?
Congrats to the corporations and asset owners I suppose.
ii-_- on
Let’s see the gymnastics this sub will make to spin this into negativity and misery
Tomatoflee on
They take a group of seven countries and then compare their relative growth, which is within a fraction of a percentage point of tiny “growth” mainly driven by inflation. These headlines are pathetic. This doesn’t tell us anything useful to understand the economy. The media’s coverage of economics is a complete joke.
radiant_0wl on
I’d much rather compare ourselves against a larger group than the G7 but we aren’t doing terrible.
If we compare ourselves to the G20 we are forecasted at 13/20th for GDP rate.
G7 is okay for short term comparisons but I’d prefer if we looked at the bigger picture.
We can do so much better.
volodymyroquai on
Watch us perform at -0.1% beneath the forecast next quarter and the rags convince 60% of us to vote Reform.
BlackSpinedPlinketto on
Why does Rachael Reves always look like someone to the side of the camera has asked her if she wants to see the specials menu?
OddInterest6199 on
Imagine how well we’d be doing if Brexit didn’t happen
MAXSuicide on
But, I thought the smart, sexy, successful people were all leaving, replaced by the unwashed masses of the barbarian hordes?
Hush now. I want another article on how Rachel Reeves is a failure, Starmer being a dull tory in a red tie, and how another boat ended up on a beach in Kent.
mattymattymatty96 on
Good for them. What will change for your average UK citizen?
Nothing. Things are still ridiculously expensive and not value for money
TheCharalampos on
A growing economy with extreme wealth inequality means very little to most of it’s citizens.
lukethenukeshaw on
So why’s unemployment going up, why’s our taxes going up and why’s my pay not increasing. I’m pretty sure the IMF are just rewarding Starmer for being a puppet of the world order
Saw_Boss on
Great. Feels like we heard that one all through the Tory years.
plywrlw on
So the ultra wealthy are getting more ultra wealthy whilst the rest of us continue to wonder if we can afford our weekly shopping then?
Luke_4686 on
Important to note that inflation remains extremely high and if you read the report it suggests more that the other G7 countries are doing badly rather than were doing really well
tipytopmain on
Trumps USA in first place he’s gonna be insufferable.
StarSchemer on
BBC frantically scouring the stock image archives for a picture of Rachel Reeves looking happy.
redbarone on
>forecast
>However, UK inflation is set to rise to the highest in the G7 in 2025 and 2026
K.
ThatGuyMaulicious on
I mean the bar isn’t even high. A mouse could jump it it’s that low.
Oh-Its-Him- on
I sometimes really struggle with keeping up with our politics/ media.
One day I’m being told that everything’s gone to pot and the economy is in tatters.
Then next day, we are the “second fastest growing economy”
I mean, both can be true at the same time I suppose, but it really does feel like constant flip flopping and I feel tired from it all lol
Competitive_Pen7192 on
Forecasts seem to flit between massive growth and recession…
Currently they are feeling bullish it seems.
WiseBelt8935 on
can i put in a claim for this whiplash?
we keep flipping
madding247 on
Yea… And we the people are paying for it all.
Yay.. Celebrating my contributions to the system… Bloody lot a shite
VamosFicar on
This is getting hilarious… everyday a different story regarding the economy. We all know it’s goosed. But one day a headline will say ‘largest growing’ and the next day it is ‘performing badly’. Often from the same so called media outlet.
27 Comments
It’s really time to admit brexit was a massive disaster, right?
I’m kidding, obviously the IMF has no idea. I’ve had enough of experts!
I look forward to reading the full report.
Yes but 20 people swam over from France so let’s burn everything down
Does this actually signal that the G7 is doing badly except for America?
And also the highest in inflation for 2026 and 2027, not something to celebrate
Ah yes, growth without progress. Modern Britain. Where the GDP goes up but wages don’t keep up with inflation and the cost of living skyrockets.
Profits are up, dividends are healthy, Londons financial sector is ticking along nicely but real wages are still lower than they were before 2008 when adjusted for inflation. So who gives a fuck?
Congrats to the corporations and asset owners I suppose.
Let’s see the gymnastics this sub will make to spin this into negativity and misery
They take a group of seven countries and then compare their relative growth, which is within a fraction of a percentage point of tiny “growth” mainly driven by inflation. These headlines are pathetic. This doesn’t tell us anything useful to understand the economy. The media’s coverage of economics is a complete joke.
I’d much rather compare ourselves against a larger group than the G7 but we aren’t doing terrible.
If we compare ourselves to the G20 we are forecasted at 13/20th for GDP rate.
G7 is okay for short term comparisons but I’d prefer if we looked at the bigger picture.
We can do so much better.
Watch us perform at -0.1% beneath the forecast next quarter and the rags convince 60% of us to vote Reform.
Why does Rachael Reves always look like someone to the side of the camera has asked her if she wants to see the specials menu?
Imagine how well we’d be doing if Brexit didn’t happen
But, I thought the smart, sexy, successful people were all leaving, replaced by the unwashed masses of the barbarian hordes?
Hush now. I want another article on how Rachel Reeves is a failure, Starmer being a dull tory in a red tie, and how another boat ended up on a beach in Kent.
Good for them. What will change for your average UK citizen?
Nothing. Things are still ridiculously expensive and not value for money
A growing economy with extreme wealth inequality means very little to most of it’s citizens.
So why’s unemployment going up, why’s our taxes going up and why’s my pay not increasing. I’m pretty sure the IMF are just rewarding Starmer for being a puppet of the world order
Great. Feels like we heard that one all through the Tory years.
So the ultra wealthy are getting more ultra wealthy whilst the rest of us continue to wonder if we can afford our weekly shopping then?
Important to note that inflation remains extremely high and if you read the report it suggests more that the other G7 countries are doing badly rather than were doing really well
Trumps USA in first place he’s gonna be insufferable.
BBC frantically scouring the stock image archives for a picture of Rachel Reeves looking happy.
>forecast
>However, UK inflation is set to rise to the highest in the G7 in 2025 and 2026
K.
I mean the bar isn’t even high. A mouse could jump it it’s that low.
I sometimes really struggle with keeping up with our politics/ media.
One day I’m being told that everything’s gone to pot and the economy is in tatters.
Then next day, we are the “second fastest growing economy”
I mean, both can be true at the same time I suppose, but it really does feel like constant flip flopping and I feel tired from it all lol
Forecasts seem to flit between massive growth and recession…
Currently they are feeling bullish it seems.
can i put in a claim for this whiplash?
we keep flipping
Yea… And we the people are paying for it all.
Yay.. Celebrating my contributions to the system… Bloody lot a shite
This is getting hilarious… everyday a different story regarding the economy. We all know it’s goosed. But one day a headline will say ‘largest growing’ and the next day it is ‘performing badly’. Often from the same so called media outlet.