I'd be happy if the shrinking service sector was being replaced by manufacturing but it isn't. In the same way the public sector job losses are not being picked up by the private sector as the government said.
I sincerely hope so but, and I am genuinely putting my politics aside, I cannot see it. The service sector is shrinking and this is such a huge part of our economy. For me the alarm bells are ringing. There will be no Olympics to prop things up this year.
It's the entire country I feel sorry for, heading towards an unprecedented triple dip recession and the stripping of Osborne's cherished AAA status. Thank f*** I'm leaving.