News
Growth turns out better than estimated
www.independent.co.uk
[The Independent] - "All told there is not a lot in this release to change our view," said David Tinsley of BNP Paribas. "We expect to see a contraction in GDP in the fourth quarter of this year and first quarter of next. So the UK will experience a short and shallow
Guardian: Consumer confidence falls to post-recession low
[The Guardian] - David Tinsley, economist at BNP Paribas, noted the outlook was not so positive. "The underlying position on retailing looks somewhat better than the most dire predictions but nonetheless the headline in this survey over-eggs the strength of trading.
Guardian: Shop price cuts drive sales rise
[The Guardian] - David Tinsley, economist at BNP Paribas, said part of the reason for the rise was a fall in retail sales in December 2010, boosting the year-on-year comparison. He noted the outlook was not so positive. The survey's expectations balance for sales in
Google News: retail discounts ease pace of inflation
[Financial Times] - “So far UK inflation has been taking small steps downwards from its peak,” David Tinsley, an economist at BNP Paribas, said. “But from next month the decline should become much more significant.“ The Office for Budget Responsibility has pinned much of
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