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Wednesday, January 07, 2009

Darling Admits To Overoptimism

Alistair Darling has admitted that his predictions last year, that there would be a recovery in the second half of this year, were in fact wrong.

In the Financial Times Darling says that the Pre-Budget Report in November may have been overoptimistic, when a recovery was forecast for the second half of this year.

No kidding!

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