UK seeing “actual” growth?

It appears the UK is once again on the up, as David Cameron flaunts the news that Britain’s employment rate has reached a joint highest level since 1971. The government has taken this as further evidence that the UK economy is not only still growing, it’s getting stronger too. It’s a sentiment that seems to be mirrored by the market; as the pound strengthens, wages are finally starting to outpace inflation and the standard of living in places outside of London has slowly begun to increase.  Continue reading