Blog: Brace yourself for the coalition's Terrible Twos

As with all young ventures, Con-Lib progress has come on in fits and starts. Latest figures show Britain's economy is stagnant, with GDP at Q3 2010 levels after a drop in Q4 was nudged back by a hardly healthy 0.5% rise in the first quarter of this year. Optimists will say at least the country hasn't slumped back into recession, as feared after the Spending Review last October when the government announced cuts totalling a staggering £81bn. But 0.5% up is nothing to shout about and the fear has far from subsided, as shown by consumer confidence surveys. Modest gains in March fai...