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It is understandable in these straitened times Treasury do more good economic and new yesterday data were certainly positive. The figure of the third quarter growth of 0.8% GDP was above expectations (though not quite as suggested Coalition spin), while revision United Kingdom from negative to stable by standard and Poor credit rating rising was a bonus. After six months of bag, euphoric tone of George Osborne was perhaps understandable hosted "a big vote of confidence" in the United Kingdom and the economic policies of the coalition. This means after all, for six months, the economy has been the strongest growth in a decade.

Despite this, we hope that the Chancellor has been not be premature to escape the Sparrow. Given the depth of the recession, one would expect a growth spurt. And a large part of the tick to the increase in the GDP is due to stimulus package last Government. Harsh winter has also helped, creating a backlog of work for the industry of construction, who has performed particularly well accordingly. Most importantly, austerity package coalition just began to bite. VAT goes up to 20% on 1st January and it will be in the middle of next year before the actual impact of reductions in government spending is felt. To the United States also displayed digits surprisingly strong growth at the beginning of his recovery, only to see the momentum in the fall. What will happen here?This is someone deviner.Un number of key indicators - consumer confidence, activity, housing - hiring intentions were all heading in the wrong direction recently.

Therefore caution is in order. That said, yesterday figures remain significant.They mean that quantitative probability of easing by the Bank of England more decreased significantly, and is to be afraid - if carefully cultivated by the Labour - opposition of a double-dip recession accueilli.La has also declined.While it cannot be ruled out, it seems more probable, that leaves Alan Johnson, the Shadow Chancellor still more private alternative economic strategy.

More generally, growth will undermine doomsayers on the left, who are showing the downturn in terms the most luridly apocalyptiques.Leurs claims can be very exaggerated, but they are disconcerting clearly 29 million people in this country who are working and money saving (given the lower mortgage costs) - still spend pas.Si figures yesterday to ignite this magical confidence spark economy was clearly necessary, and then optimistic words of Chancellor will indeed be be justified.

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