We all jumped for joy t'other day when figures for economic growth in the third quarter showed that the economy had grown by 1%, thus (technically) ending the UK's double-dip recession. Phew! Mr Osborne's plan is working! Well, cut off my legs and call me shorty and pardon me for doubting.
But hang on, what's this? Apparently 0.7% of the growth is sales of tickets for the Olympics - which won't be repeated so that will drop out of the figures for the next quarter, which leaves growth of 0.3%. Moreover, the sales of Olympics tickets merely goes to offset some of the £9 billion the Olympics cost us. So actually things are still looking a bit shaky. Back to the drawing board!
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