The UK\u2019s economy remains fragile. GDP rose by 0.5% in Q1 of 2011, but it had fallen by that amount in Q4 of 2010: \u201cOutput stands where it did last September.\u201d Cuts associated with the Government\u2019s austerity budget are just beginning to take effect, leading to concerns of a double dip. Will the economy have the momentum to power through these cuts? It could go either way. \u201cThe Bank of England should not tighten monetary policy soon.\u201d Moreover, Chancellor George Osborne must be flexible about changing \u201ctack if things go awry\u201d and, for instance, utilizing tax rebates or infrastructure projects to stimulate the economy. The Financial Times believes the odds need to be stacked in the economy\u2019s favor because \u201cChina is spluttering, the eurozone remains vulnerable and the banking system is not fixed.\u201d<\/p>\n
The UK\u2019s economy remains fragile. GDP rose by 0.5% in Q1 of 2011, but it had fallen by that amount in Q4 of 2010: \u201cOutput stands where it did last September.\u201d Cuts associated with the Government\u2019s austerity budget are just beginning to take effect, leading to concerns of a double dip. Will the economy have the momentum to power through these cuts? It could go either way. \u201cThe Bank of England should not tighten monetary policy soon.\u201d Moreover, Chancellor George Osborne must be flexible about changing \u201ctack if things go awry\u201d and, for instance, utilizing tax rebates or infrastructure projects to stimulate the economy. The Financial Times believes the odds need to be stacked in the economy\u2019s favor because \u201cChina is spluttering, the eurozone remains vulnerable and the banking system is not fixed.\u201d<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The UK\u2019s economy remains fragile. GDP rose by 0.5% in Q1 of 2011, but it had fallen by that amount in Q4 of 2010: \u201cOutput stands where it did last September.\u201d Cuts associated with the Government\u2019s austerity budget are just beginning to take effect, leading to concerns of a double dip. Will the economy have […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[665],"class_list":["post-714","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-financial-times-april-27"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=714"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/714\/revisions"}],"predecessor-version":[{"id":718,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/714\/revisions\/718"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}