I suspect this quote by Brendan Barber may appear in tomorrow’s headlines:
“Last time we suffered slash and burn economics we had riots in the streets here in Liverpool. I make no prediction that this would happen again, but it would take us back to the days of a deep North-South divide and once again hollow out whole areas of the economy.”
In an earlier blog today I described how rising unemployment could stop the (GDP) recovery feeling like a recovery.
Throwing out statistics about how the technical recession may have ended could provide little solace to those who have lost their jobs.
Jim Pickard
Kiran Stacey