Peter Hoskin

The double dip predictions

Hark, there seems to be a lot of noise about a double dip recession at the moment – added to, yesterday, by Dr Martin Weale of the Bank of England. So I thought I’d collect some of the more recent, more prominent warnings and predictions for posterity’s sake. Do let me know (either in the comments or on phoskin @ spectator.co.uk) if there are any that are worth adding:

Sir Alan Budd,
16 August

Sir Alan was asked on BBC Radio 4’s Today programme whether he believed Britain would avoid slipping back into negative growth. “I’m not confident of it,” he said. “Our fan charts show that it is a possibility, just as much stronger growth is a possibility. It’s not the most likely outcome. The most likely outcome is that the economy will continue to grow, but you cannot rule it out.”

Vince Cable (and the government), 9

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