Last year we entered a double dip recession. Or did we?
Like a bureaucratic tardis, the ONS may be about to revise the figures for Q4 2011, Q1 and Q2 2012 so that the double dip becomes a figment of our imagination. It looks like one quarter only has to be revised upwards from - 0.07 to break the double dip.
If it does happen I hope the news outlets, BBC specifically, will give the same prominence to the news as it did to the news of the imaginary double dip... Some hope!