News
GDP fall is less than feared
www.independent.co.uk
[The Independent] - "We still expect a substantial rebound in quarter three, as the impact of the extra bank holiday unwinds. With a minor boost likely to come from hosting the Olympics, we should see growth more than offset any losses in quarter two," Nida Ali, economic
Olympics casts cloud over shops and UK economy
www.independent.co.uk
[The Independent] - Nida Ali, the economic adviser to the Ernst & Young Item Club, said: "There may well be an Olympics effect at play, with consumers temporarily distracted by events in east London. But it was also noticeable that the heavy discounting, which had
U.K. Industrial Output Jumps Most in 25 Years on Jubilee Rebound
www.bloomberg.com
[Bloomberg] - “These figures mark a very positive start to the third quarter for the manufacturing sector,” said Nida Ali, an economist at Ernst & Young's ITEM Club. “Having said that, the euro-zone crisis continues to cast a sizeable shadow.” European stocks rose
Guardian: Eurozone crisis live: Merkel backs ECB rescue plan as markets ...
[The Guardian] - Nida Ali, economic advisor to the Ernst & Young ITEM Club, says the data shows the UK started the third-quarter of the year well (after shrinking by 0.5% in Q2). Keep it up, and Britain could rebound strongly from recession. Ali adds: While we were
sorted by relevance / date