GDP grew 0.6% in March — better than feared, but don't get comfortable. As I wrote today, the Iran shock barely shows up in this data. The real damage is still coming, and leaving it to the Bank of England is the wrong response. www.lbc.co.uk/article/gdp-... 🧵👇
Don't be fooled by today's GDP figures. The real Iran shock is coming | LBCAn immediate 10p fuel duty cut could reduce peak inflation by up to 2 percentage points, writes economist William Elliswww.lbc.co.uk