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Growth figures show that Britain is essentially going backwards. Bringing forward the £10,000 tax allowance is the best option to encourage growth

Leunig, Tim (2011) Growth figures show that Britain is essentially going backwards. Bringing forward the £10,000 tax allowance is the best option to encourage growth. British Politics and Policy at LSE (26 Jul 2011) Blog Entry.

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Abstract

According to figures released today by the Office for National Statistics , the UK economy grew by only 0.2% in the second quarter of 2011, down from 0.5% in the first quarter. Tim Leunig argues that these figures should be much higher, and that the government’s policy of cutting the deficit quickly is restricting the growth potential of the economy.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 the author
Library of Congress subject classification: D History General and Old World > DA Great Britain
H Social Sciences > HC Economic History and Conditions
Journal of Economic Literature Classification System: H - Public Economics > H6 - National Budget, Deficit, and Debt > H60 - General
Sets: Departments > Economic History
Research centres and groups > Spatial Economics Research Centre
Collections > British Politics and Policy at LSE
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 23 Aug 2011 12:51
URL: http://eprints.lse.ac.uk/37991/

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