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Midlands business leaders hail GDP figures

23rd July 2010

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THE UK’s Gross Domestic Product increased 1.1% in the second quarter of 2010, compared with an increase of 0.3% in the previous quarter, exceeding most analysts’ expectations.Shadow Chancellor Alastair Darling said the figures ‘vindicated’ Labour’s approach before the party lost power in May, but Chancellor George Osborne said: "Today's figures show the private sector contributing all but 0.1% of the growth in the second quarter, and put beyond doubt that it was right to begin acting on the deficit no......for the full story register now for free or login below...


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