As shoppers search for the latest bargains on UK high streets and online, Chancellor George Osborne could be forgiven for believing he really is the artisan of a strong UK recovery.
The year that is about to end was a good one for the UK, judging by some data: low inflation, low interest rates, high employment, rising house prices and a growing gross domestic product – what’s not to like?
But 2014 could turn out to be the year when the recovery ends. Other sets of data reveal the worrying signs of an economy that is running on hopes and dreams, rather than real investment.
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