Mark Littlewood discussed the possibility of a triple-dip recession on BBC Radio 5 Live prior to the announcement of the Office for National Statistics' (ONS) GDP growth figures for Q1 of 2013.
Mr Littlewood stated that the announcement of a triple-dip recession would not be a disaster but in fact a symbolic blow for George Osborne. Whether we are 0.1 per cent above or below zero, Mr Littlewood argued that we have a flatlining economy and are seeing no meaningful growth whatsoever. Regardless of whether we are technically in a triple-dip recession, Osborne's deficit reduction strategy in in "absolute tatters".
Listen to the full programme here. Segment begins at 2:08.11.