Today's question: are we heading back to recession?

Rights, Scams and Politics

Simon Ward
Updated on 29 November 2011 | 4 Comments

As the OECD forecasts a winter recession for the UK, we want to know your thoughts on our immediate economic future.

The Organisation for Economic Co-operation and Development (OECD) has warned that the UK faces a ‘mild’ recession this winter.

The OECD forecasts that the UK economy will dip by 0.03% in the final quarter of 2011 and by 0.15% in the first quarter of 2012.

It predicts overall growth for the UK of 0.9% in 2011 and 0.5% in 2012, significantly below the independent Office for Budget Responsibility (OBR) March forecasts of 1.7% for this year and 2.5% for next.

It’s expected to cut those forecasts today to around 1%.

We want to know your thoughts on whether we’re heading back to recession. Do you trust the government to lead us through these stormy economic times? Would Labour do a better job?

Let us know what you think via the Comments box below.

More: UK banks downgraded: What it means for you | Unemployment hits 17-year high

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