Wednesday 26 January 2011

STATUES OUT OF SNOW










We build statues out of snow 
and weep to see them melt.

Sir Walter Scott




Yesterday the Office for National Statistics reported that the UK economy shrank by -0.5% in the last quarter of 2010.  The news shocked economists, a consensus of whom had expected UK plc to grow by 0.5%.  Three more months of contraction and the economy will have officially entered another recession...