January 28, 2014
UK Recovery: Unbalanced & Unsustainable
Jeremy Warner, Daily Telegraph
The Associated Press
Unbalanced and unsustainable – that's the correct message on the UK economy to take from today's fourth quarter GDP figures, not that things are magically turning on a six pence. This is a recovery being driven by a combination of strong growth in London and in consumer spending; it's plainly better than no growth at all, but it's not yet the sort of recovery we were hoping for.