2010, year of moving sideways ?

Sunday 17th January 2010

2009 was not as bad as it might have been, due largely to fiscal and monetary stimulus never before seen. Stability seems the result, even in the labour market. However, the risk is weak recovery and that 2010 is worse than expected. The champagne cork pressure behind pumping up public expenditure and keeping interest rates at record lows will be released, though hopefully in a manageable way. So fasten your seatbelts, but put your foot on the accelerator... You can read the views of manchester's best "experts" here