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Sometimes you wonder what that would be Robert Louis Stevenson thereof. Every day, it seems, brings an account fee of this life, breathing paradox, i.e. the British economy. But, you ask, will be the central character of the day - Dr. Jekyll and Mr. Hyde?

Around wherever you look, there are economic schizophrenia. Good official statistics come into collision with official statistics wrong. Our leading experts, Monetary Policy Committee (MPC the Bank of England), are distributed not only in two ways, but three.Different economists take the same data and are finding opposées.Et is advertising-seekers weigh, with every guru self-proclaimed competing to be darker than the previous one.

In the midst of all this noise, it is not surprising that many people is confused - or overlook the fact that we have now been officially in recession for a year, with four consecutive quarters of growth.Or the last upward GDP 0 8pc was twice to most economists, prévisions.Ou that, despite the prospect of ￡ 81bn in reductions in public spending, most UK plc feels more chipper he did a year ago.Who cares that, when a chap almost person had heard of can hogs the headlines as John Philpott did yesterday?

M. Philpott is the Chief Economic Advisor the Chartered Institute of personnel and development (ICPD) .Son view that reductions in expenses and VAT hike January cost 1.6 m British their jobs by 2015-16.

Now is as the right to his opinion that someone another .but as Michael Fallon, Vice-Chairman of the Conservatives, implicit yesterday, it is an eccentric.

After a heated to the Commission of the Treasury Board, Mr Fallon said M. Philpott: "You are less reliable than a dead Octopus". reply de M. Philpott is Paul, star of the World Cup revelations was "fairly accurate" while he was still alive.But Paul did not predict 725000 reductions of public employment in the next five years - far more than the 610,000 estimates from the Treasury Board.

M. Philpott stated that his thesis is based on "that most public sector managers are saying the ICMP". But, as the Institute of Directors (IoD) sniffily pointed, jerky staff surveys are no substitute for research.

IoD recalled, Norman Lamont and Ken Clarke of the same size squeeze tax in the 1990s caused 600,000 public job - cuts but did nothing to prevent the longest expansion of the British economy on registration.

And the ICPD on similarly shaky with its forecast that Government policies will cost another loss of 850 000 jobs in particular privé.étant enterprises created Advisory jobs between March and June alone, it must be able to take the strain.

Of course, he rarely was also difficult to predict where the economy is headed.Great Britain has just emerged from the already declining since the 1930s.that it was not even worst is in part due to ￡ 200bn facilitate any quantitative and partly to interest rates stands at a 0 5pc nominale.De shaking base, we still significantly chop expenditures.Once again, however, it is difficult to disagree with David Blanchflower, former member of the CDPF, which equals the entire Bataclan the "greatest - and most risky - macroeconomic experiment initiated by any country in living memory".

Perhaps, instead of volatile data recall, or conflicting views of economists, it is more useful to concentrate on what is happening on the ground – on the shape of companies britanniques.Certes statistics do without equivocation, and bad news of America could easily blow (UK) plc courses offshore.

But it is easier to spot trends.For starters, the balance sheets of our companies are rude health.In the recession, they slashed costs and retained in cash, for fear of going into faillite.Si they emerged from the recession with traditional deficit but a collective surplus of ￡ silver 65bn.Cet can now be invested in jobs, equipment and plants.

Profitability also organizes as six consecutive quarters of lower indicate warnings profit moyen.Quelques patterns now fear a recession double - and some are starting to put their money where their mouth air est.Compagnies for example, are traditionally the first in and first recession signs described by Willie Walsh, to British Airways in recovery: return of business, revenue higher by Headquarters and performing better than before the consequence, ralentissement.En cargo business travellers BA is put two planes no return in the sky and open new paths.

Also, industries which are historically the last recession appear to be safer to lui.Propriété giant British land is guilty of ￡ 600 million this year to new developments and comforted by the UBS decision to move to a 700 000 sq. ft., strengthening society develops in the city - a vote of confidence in two recovery in the financial sector in London.

A sustained bounce-back could do with the help of the coalition, in the form of less regulation and less tax .Petites enterprises will be hoping that Lord Young, new Advisor David Cameron on the enterprise, can work its witchcraft - particularly in terms of banks encouraging leur.Mais even if you don't know potions, economy Jekyll and Hyde seems to be in better shape than you might imagine.

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