The revised ONS figures for GDP are better than expected. Or is the new definition of revision - to by all means necessary desperately fiddle figures to make them look better?

http://uk.finance.yahoo.com/news/gdp-shr...

The market expects further fiddling for next quarter.

And to all those that dont believe this kind of thing is going on, I direct you to the secret interest free loans that were being handed out to HBOS and RBS last year. As I said at the time, similar free cash was almost certainly handed to Barclays too.

Secret loans and fiddling figures a healthy economy does not make. Had HBOS been completely nationalised we would not now have a zombie Lloyds needing to raise further £billions. And while I am on the subject, the government is the biggest shareholder in Lloyds, should they not demand that the government stake stay at 43% without any additional money, just why is the government giving them another £5.5billion for nothing? The government should NOT have to spend more money in this rights issue to defend its stake!!! Otherwise Lloyds can simply dilute away public money.