ECONOMISTS

According to newspaper reports today, economists are divided over the coalition plans to cut the deficit. Some say that it is too fast, too soon, while others say that the UK is still in growth and that to change course now would be fatal.

There is something to be said about not changing course mid-stream, indeed in our latest issue Mark Roeder, author of The Big Mo makes this very point.

With the IMF making its judgement today, the Treasury will be hoping for a grand endorsement - both for political and economic reasons - but if I was the Chancellor I wouldn't be too worried.

As the old saying goes, when economists agree then the world really is in trouble.