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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

By Tim Leunig

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

Topics: DA Great Britain, HC Economic History and Conditions
Publisher: Blog post from London School of Economics & Political Science
Year: 2011
OAI identifier: oai:eprints.lse.ac.uk:37991
Provided by: LSE Research Online

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