So instead of the good old days when it was ICI and M&S as the barometers of UK plc it is now Clinton Cards and John Lewis or any other high street name that is the headline grabber. That’s my point – are they merely headlines or do they actually tell us something about the state of the economy? I have been predicting economic fortunes accurately for 17 years – why is that? Is it because I am NOT an economist? That was a joke by the way! Seriously, the reason is because I work at the sharp end – the SME sector and I have my ear to the ground especially with my charity work on money management. So in summary here is the bad news. Recession 2.0 has arrived. Happy 2012.