If two consecutive quarters of declining GDP is most economists鈥� definition of a recession; how come only one quarter鈥檚 growth at 0.1% seems good enough to mark the end of it?

Regardless of the semantics; yesterday鈥檚 announcement of the provisional return of economic growth does illustrate the remaining fragility of the UK economy with a 鈥渄ouble dip鈥� back into recession still a real possibility.

Postscript

Click here to read the rest of Graham's

Topics