Sunday, 7 June 2009

The economy: its worse than you think


With all the media attention focused on the infighting within New Labour, you'd be forgiven for missing the news that UK GDP fell further than initially thought in the first quarter of 2009.

Although announced as the worst fall in GDP since 1979 at 1.9%, in fact is now estimated by the ONS to have been 2.2%, as the construction industry contracted more severely - 9%.

Maybe, while removing the knives from his back (and passing them to Nick Brown to stab back), Gordon Brown has noticed this, and that's why he's appointed Alan Sugar - a man who's Amstrad company employed an imperial 85 people before collapsing into BSkyB, and who turned Tottenham from mid-table also rans into mid-table also rans in his time as chairman. This feature on his media ego trip (aka The Apprentice) I think raises questions about his merits.

Alan also asked a female interviewee how she planned to look after her children if he gave her a job. Gordon obviously keen to combat the sexism slurs . . .

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