A double boost for the coalition’s economic strategy
Perhaps, the most important thing about the 0.8 percent growth figure for the third quarter announced this morning is that all but 0.1 percent of it came from the private sector. The strength of the private sector in this quarter suggests that the coalition is right to think that the private sector can more than make up for the jobs that will be lost in the public sector over the coming months. In another piece of good economic news for the coalition, Standard and Poor have taken Britain’s triple A credit rating off negative outlook and returned it to stable. This should help keep the yield that the government has
