There's a threat to growth, despite the recovery

George Osborne capitalised on some good economic news in his speech yesterday. He argued that the economy has turned a corner, though he emphasised that risks remain.

If we are turning the corner, however, we are turning it slowly. After the Great Depression, the UK economy shot back to growth, and a little more than five years after the Great Depression ended the economy was back to where it would have been if there had been no depression at all.

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Source: http://www.iea.org.uk/blog/theres-a-threat-to-growth-despite-the-recovery

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