Teenonomics May 2014 | Page 5

May 6th 2014 page 5 STATONOMICS UK Growth 1.9% in 2013; 0.7% in Q4; 2.4% forecast for 2014; Household debt: 137% of GDP Spare capacity in economy: BoE says 1%-1.5%; OBR says 1.8% ; £14mil/ hour rate at which UK gov is borrowing money; £1.25 trillion level of national debt 1.7% CPI inflation; 2.7% RPI; House prices up 9.4% from Feb 2013 to Feb 2014; London prices up 12.3% in 2013 7.2% Unemployment; to fall to 6.6% this year BoE Interest rate 0.5%; expect a rise to 2% by 2017; UKs credit rating AAA-, Scottish credit rating (without rest of UK) BBB- ; 39% pro Vs 46% against Scottish independence; March earnings up 1.1% in 2013; 10% gender pay gap; number of 10% marginal seats at 2015 election 194 ; current poll 37.1% Labour, 32.5% Tories, 13.5% UKIP, 9.6% Lib Dem, 7.3% other; 29 age of youngest member of parliament, 82 age of the oldest; £142,500 amount David Cameron gets paid, Expenses paid to MPs over 2012-2013 £98.1 m ; £28m amount paid to British Gas CEO last year