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i will bring you all the weather coming shortly. good morning. are booming holiday bookings enough to boost the economy? we find out the financial state of the uk later this morning. i am in the lake district. which uk cities have made the shortlist to host next year's eurovision? we'll be finding out after eight o'clock this morning the summerjust keeps getting better and betterfor great britain's alice kinsella. she's added silver at the european championships, to the gold she won at the commonwealth games in the gymnastics all around final. good morning. it's friday, 12th august. ...

That is a technical definition of a recession. to quarters declining gdp. recession. go look up the one used in college. but the biden administration could not admit that, if they admitted the u.s. was in a recession, they lose control of both chambers of the congress parade, but how do you lie abou something so easily defined. you just change the definition and that's what they did parade they came up with a new definition of recession. don't like it gdp, that's the old way, the racist way look at holistic fasters in the way, look at the labor market for example. the labor market. then, in ju...

Gdp, _ yearly decline as a percentage of gdp, these are government figures. it gdp, these are government figures. it depends— gdp, these are government figures. it depends on the baseline, i do not have a set of numbers, we can trade and if you like bilateral but this year we have had the fastest growth in the g7. i am not sure it adds much to trade these figures backwards and forwards. if the central argument you might reaches that productivity is not what we wanted to be in this country, i completely agree and i think you will find a lot of common ground and i i also see, although my tenâ€...

Are here _ camping and caravanning side. people are here on _ camping and caravanning side. people are here on holiday. they are here to get— are here on holiday. they are here to get away— are here on holiday. they are here to get away from work. here, tourism is a really— to get away from work. here, tourism is a really important part of the economy — is a really important part of the economy. we will be finding out a lot more — economy. we will be finding out a lot more about the state of the uk's economy— lot more about the state of the uk's economy in— lot more about the sta...

This at all. >> it's a great point, i mean when talking about she dp we recently say wait a second -- i don't need gdp, i don't drive it gdp, i don't pay rent, and the fact is again the connection there that is so critical, lawrence, is the tight job market. disproportionately, it's providing benefits to those in the bottom half i saw new numbers today and if you look at the wage growth of people in the bottom half of the job market, their pay is actually growing faster than workers at the top and now that is obviously opposite to the way it's been in periods where job markets have been more s...