Still looks to me like the UK budget deficit has been more than sufficient to support at least modest GDP growth.

UK Headlines:

U.K. Economy Grew Unrevised 0.3% in First Quarter

U.K. Consumers Predict Economy Will Worsen, GfK Survey Shows

U.K. Mortgage Approvals Rose 2% in May From April, CML Says

U.K. Profit Warnings to Climb as Deficit Cuts Kick In, E&Y Says

Osborne Says U.K. Budget Cuts Needed to Avoid ‘Downward Spiral’

U.K.’s Budd to Propose More Independent OBR, Telegraph Says

Blanchflower Says Economy May See Long Decade of Slow Growth

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