Growth is being driven by consumer credit and household debt, despite the need for exports and manufacturing
The Tories have clearly not learned the lesson of the last two decades.
The Tories have clearly not learned the lesson of the last two decades.
The latest figures, released by the ONS today, show the UK had a current account deficit of £10.5 billion in the final quarter of 2010 – equivalent to 2.9 per cent of GDP.