Alistair Darling is confident the UK has left the session, again!
Yet again Alistair Darling has suggested that the UK economy has left the recession behind and is now moving back towards a phase of economic growth. However, until we see the figures for the fourth quarter of 2009 many people are still sceptical because of past disappointments regarding economic data. Even if it looks, on the surface, as if the UK has pulled out of recession we do need to see cold, hard facts and figures which we can trust!
There is some concern as we approach the next general election that economic data might be released which could put either a negative or positive slant on the UK economy yet prove to be incorrect and potentially amended after the election. Therefore it is vital that any information which is released into the public domain between now and the election is watertight, double checked and treble checked. We could potentially be on the verge of a "false general election" if the views of the electorate are in any way influenced by potentially incorrect and misleading economic data.
Whether Alistair Darling is correct in his claim that the UK has now moved out of recession remains to be seen but after issuing similar claims in the past he must be right at some stage!
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