Has Cameron let the cat out of the bag on GDP?

clock

Prime Minister David Cameron has been accused of revealing that tomorrow's GDP figure will meet positive expectations, in an apparent slip-up that could have breached the embargo on the official data.

The PM told the House of Commons today that "more good news" on the economy is imminent, raising expectations tomorrow's Q3 GDP estimate - the first reading for the quarter - will show the UK is out of recession. "The good news will keep coming," he reportedly said. "It is the Conservatives getting behind growth and jobs." Labour said the Prime Minister was clearly hinting at the Thursday GDP data, with one aide telling the FT his comments were "not only shambolic but wrong". However, a spokesperson for the Prime Minister said it was not clear whether Cameron had seen the GDP figur...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Gilt yields fall after Donald Trump backs down in 'tariff war'

Gilt yields fall after Donald Trump backs down in 'tariff war'

US president pauses most additional tariffs

Jonathan Stapleton
clock 10 April 2025 • 2 min read
Reeves defends yearly Budget to avoid 'constant chopping and changing'

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Treasury Committee scrutinises chancellor on Spring Statement

Isabel Baxter
clock 02 April 2025 • 3 min read
Five key takeaways from the Spring Statement 2025

Five key takeaways from the Spring Statement 2025

OBR growth, ISA reforms and defence

Sorin Dojan
clock 27 March 2025 • 4 min read