{"id":2948,"date":"2016-01-28T20:22:43","date_gmt":"2016-01-28T13:22:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/osborne-is-storing-up-a-heap-of-trouble-for-the-uk-economy\/"},"modified":"2016-01-28T20:29:04","modified_gmt":"2016-01-28T13:29:04","slug":"osborne-is-storing-up-a-heap-of-trouble-for-the-uk-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/osborne-is-storing-up-a-heap-of-trouble-for-the-uk-economy\/","title":{"rendered":"Osborne is storing up a heap of trouble for the UK economy"},"content":{"rendered":"


\nRising house prices do not offset the fact that manufacturing and construction shrank in the last three months of 2015Last summer, a brief recovery in the manufacturing sector was already running out of steam. The construction sector followed the same path. Affected by a slowdown in global trade, the high value of the pound, and possibly the government\u2019s determination to impose another five years of austerity, businesses became more circumspect about expanding output.Now, official figures for GDP growth in the final three months of 2015 show that these backbone of the economy activities, the stuff of making and building things, actually shrank. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Osborne is storing up a heap of trouble for the UK economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rising house prices do not offset the fact that manufacturing and construction shrank in the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-2948","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Ly","jetpack-related-posts":[{"id":117800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-enters-recession-after-gdp-contracts-12-6-in-q2\/","url_meta":{"origin":2948,"position":0},"title":"Singapore enters recession after GDP contracts 12.6% in Q2","date":"July 14, 2020","format":false,"excerpt":"\r On a quarter-on-quarter seasonally-adjusted annualised basis, the economy shrank 41.2% in Q2 2020. Singapore has entered into recession after its economy contracted 12.6% on a year-on-year basis in the second quarter of 2020, due to the implementation of the circuit breaker measures from 7 April to 1 June to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mti-downgrades-2020-growth-forecast-as-q1-gdp-fell-by-2-2\/","url_meta":{"origin":2948,"position":1},"title":"MTI downgrades 2020 growth forecast as Q1 GDP fell by 2.2%","date":"March 27, 2020","format":false,"excerpt":"\r The revised growth forecast comes as MTI\u2019s advanced estimates showed that the economy contracted 2.2% year-on-year during the first quarter of 2020. The Ministry of Trade and Industry (MTI) has downgraded its 2020 GDP forecast to between -4% and -1% \u2013 a fall from the -0.5% to 1.5% range\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-gdp-growth-slows-to-0-1-in-q2-2019\/","url_meta":{"origin":2948,"position":2},"title":"Singapore GDP growth slows to 0.1% in Q2 2019","date":"July 15, 2019","format":false,"excerpt":"\r While the economy grew by 0.1 percent in the second quarter, it\u2019s still lower than the 1.1 percent growth recorded in the previous quarter. Although the manufacturing sector declined by 3.8 percent, both the construction and services-producing sectors an improvement of 2.2 and 1.2 percent respectively.\u00a0\u00a0 The Singapore economy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-economy-shrank-in-july\/","url_meta":{"origin":2948,"position":3},"title":"UK economy shrank in July","date":"August 10, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...UK economy shrank in July","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133113,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-economy-shrank-more-than-first-estimated\/","url_meta":{"origin":2948,"position":4},"title":"UK economy shrank more than first estimated","date":"December 22, 2022","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...UK economy shrank more than first estimated","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111596,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-gdp-grew-0-1-in-q3\/","url_meta":{"origin":2948,"position":5},"title":"Singapore GDP grew 0.1% in Q3","date":"October 15, 2019","format":false,"excerpt":"\r This means Singapore narrowly avoided a technical recession, which is defined as two consecutive quarters of economic decline. 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