The economy is continuing to recover at a remarkable rate. In fact, it has now recovered over 50 per cent of the losses incurred since October 2007, when the collapse of Northern Rock signaled the real beginning of the economic crisis here in the UK.
If the banks carry on at this rate, there will be a major windfall when those that have been bailed out by the government are sold back and, with the Tories expected to take the reins at the next election, this could prove to be for them what North Sea oil was for Maggie Thatcher. Doom and Gloom merchants may fear a second crash, but many factors point to an optimistic outlook.