Really? But only three months or so ago they were saying Industry and exports were doing surprisingly well. Oh wait. That's because they were still operating on the schemes Gordon Brown had put in place to keep the economy ticking over after the crash... Now we're seeing what's happening after Osbourne put his plans into operation. Not looking so good is it? Surprise surprise.
But with the benefits reform and many more Incapacity Benefit claimants now being forced into looking for work - things will soon turn around... Oh wait, something wrong with this picture - there's not the jobs there... er, er. er... Oh well Emma Harrison will sort it all out. She's got a positive attitude, big smiles and a big red coat. That's what we've been missing all this time.
Big fall in industrial production.