Double dip and Oatcakes

The news that Britain has slipped back into a recession should not be surprising. The economy experienced a 0.2 % fall following the decline in the figure of 0.3% in previous quarter which now puts the economy technically into a double dip recession- the first time since 1975. I would argue that the local economy has probably never recovered from the recession 4 years ago. As a guess the North Staffs economy has shrunken by about 8-10% since 2008. The signs of a turn down are everywhere most noticeably in the local jobs market. If we take the Sentinel as a guide the Wednesday section has been advertising around 300 jobs over recent weeks.

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