It’s all relative of course but following on from the MPC Minutes, the pound’s subsequent fall and Ryan’s previous post here’s another piece that echoes certain sentiments close to my heart, as regular readers will know

The BBC’s economics editor Robert Peston writes about the re-working of UK GDP data with the latest release due this Friday, the continuing gap between the services and manufacturing sectors and not forgetting the levels of household debt/real income

It’s called “Half a cheer for depression’s end” . GBP bulls with rose-tinted/interest rate based glasses look away now