Thanks Brexit knobs !

[Organ Morgan.]

We don't and won't know what guarantees the government gave them. UK manufacturing employed around eight million UK citizens in 1979. Now it's about two million. The 7,000 Sunderland jobs and 30,000 linked to them in the supply chain is a relatively tiny number. Britain's Services, mostly finance related (people shuffling pieces of paper around) is the economy's biggest driver, along with flipping overpriced homes, aided by record low interest rates, and massive government, corporate and personal debt. The latter is the highest per head of population worldwide. All that to produce 0.5% growth.

[Barry Dragon]

We don't and won't know what guarantees the government gave them. UK manufacturing employed around eight million UK citizens in 1979. Now it's about two million. The 7,000 Sunderland jobs and 30,000 linked to them in the supply chain is a relatively tiny number. Britain's Services, mostly finance related (people shuffling pieces of paper around) is the economy's biggest driver, along with flipping overpriced homes, aided by record low interest rates, and massive government, corporate and personal debt. The latter is the highest per head of population worldwide. All that to produce 0.5% growth.

Per quarter. Or just over 2% annualised.

And its much more than all? that.

Though I agree we need to get off the life support of cheap credit. Its got the potential to lead to bigger problems.