Job creation is concentrated in the service sector, ... High-growth areas such as financial services and information technology require skilled workers.
More Quotes from Jonathan Loynes:
Looking ahead, rising gas and electricity bills could keep inflation close to current levels for the next few months. But we expect further falls in core inflation and fading energy effects to push the headline rate well below target in the second half of the year.Jonathan Loynes
It would have been better to have left the growth forecast unchanged, but that would have lowered the inflation forecast to below its target. They are having to work hard not to have to cut interest rates.
Jonathan Loynes
January's UK retail sales figures confirm the evidence from the surveys that the pick-up in spending growth over Christmas was short-lived.
Jonathan Loynes
To hit Mr Brown's forecast now, quarterly growth would have to average around 1.0 percent in the remaining three quarters which looks very unlikely.
Jonathan Loynes
A dovish Inflation Report tomorrow and soft retail sales on Thursday could open the door to a March rate cut.
Jonathan Loynes
Today's cuts add a bit of pressure, ... but they're not the key factor. We're at dramatically different stages of the economic cycle (from Europe), and there are perfectly good reasons for the MPC to lower rates aggressively regardless of events on the Continent.
Jonathan Loynes
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Based on Topics: Service QuotesBased on Keywords: high-growth
First things first, second things never.
Shirley Conran
I always knew I was a man, always felt that I was a man, always wanted to be a man.
Little Richard
For the person for whom small things do not exist, the great is not great.
Jose Ortega y Gasset