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Daily Telegraph: Towards a Triple-dip Recession?

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"Recent results updates from retailers for the Christmas period suggest consumer spending was 'fairly underwhelming', according to Vicky Redwood at Capital Economics.

"... A weak consumer [sic] would follow a poor end to 2012, when the economy is now expected to have shrunk again. The National Institute for Economic & Social Research has estimated that GDP contracted by 0.3pc in the final quarter, after the 0.9pc rise in the previous three months."

Never mind.

Nothing's impossible, Mr Osborne's found, for when his chin is on the ground, he picks myself up, dusts himself off, and starts all over again.

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