David Cameron, having gone from “Britain is back in business” to “there are red warning signs ahead” in just nine months, nevertheless continues to insist that we are “outperforming everyone else” and “the data prove it”. Are we? Do they? Judge for yourselves. France, we’re constantly told, is a basket-case. Whereas we are ‘growing’ and ‘recovering’, France is all over the place and getting deeper in debt. So you’d expect that to be reflected in exports. If, that is, our ‘growth’ is in any way helping us as a nation.
Well guess what: it isn’t. Continue reading