It's summer for the economy but exotic plants need care
THEY re-buried Richard III last week and everyone was quoting Shakespeare's opening line: "Now is the winter of our discontent made glorious summer." Which indeed it is.
Remember all that talk of "green shoots?" Nobody knew what these tentative plants might be, or where they might appear. Now we can see, not only that they are blooming, but what kind of bloom it is.
As would have been expected, this flowering of the economy has been led by exports, followed by investment. That includes construction, the collapse of which did the most direct damage to the economy, but which is also an engine of recovery.