GDP: UK economy fails to grow during wet April
GDP: UK economy fails to grow during wet April
The economy failed to grow in April after particularly wet weather affected spending.
Oh, yeah. We're all here on this famously rainy island but, sure, blame rain for the lack of growth. Not the government, of course not.
Lack of economic growth is not failure.
Who could have forseen showers in April?!
The government knew this prediction was coming
GDP is not a good metric
This is the best summary I could come up with:
The UK economy failed to grow in April after particularly wet weather affected consumer spending.The Office for National Statistics (ONS) recorded no growth for the month, which was in line with economists' expectations.The sluggishness comes after the UK economy recorded its fastest growth in two years from January to March, exiting the recession it fell into in the final half of last year.The economy is a key battleground for the main political parties in the run-up to the general election on 4 July.Spending on services grew for the fourth month in a row, but this was off-set by falls in production and in the construction industry.The UK's gross domestic product (GDP), which measures the value of goods and services produced in a country over time, had grown 0.4% in March.
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It was the weather. Not inflation or the mismanagement of the economy. Definitely the weather.
That is plausible. I read about the most delightfully English thing ever: we were going to have a revolution, everything was set and we were all ready to go, the day arrived but it was pissing it down, so we all collectively said "fuck that" and stayed at home. Brilliant.