Double-Dip Recession Never Actually Happened

osbbSlightly better news for Shamburger George this morning: Office of National Statistics revised figures say there was not actually a double-dip recession. GDP growth between Q4 2011 and Q1 2012 has been revised from a fall of 0.1% to flat. Whether that’s what people will be taking about round the water cooler is another thing. Byron to celebrate? 

UPDATE: Everything you need to know courtesy of this ONS video:


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