Hamish McRae: The figures are shocking, the cures are not working – but it isn't all that bad – Hamish McRae, Business Comment – The Independent

by Jonathan

So we are not yet out of recession after all. Those of us who have long warned that 2009 would be the bad year have been proved more right than we would have liked. But even the most gloomy of us will have been upset by these numbers, for this is worse by a fair margin than we have expected. All those headlines that the recession had ended in September? They were wrong.

via Hamish McRae: The figures are shocking, the cures are not working – but it isn’t all that bad – Hamish McRae, Business Comment – The Independent.