The CBI have come out with another set of gloomy forecasts this morning, by which the recession will be “deeper and longer lasting” than previously thought. They predict that the economy will contract by 1.7 percent in 2009 and that unemployment will hit just under 3 million in 2010.
It’s still something that I think unlikely, but every forecast such as this strengthens the increasingly popular idea that Brown will call an early election.
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